European shares hit a record high, marking their longest monthly winning streak since 2012-2013, buoyed by positive corporate updates. However, heavyweight banks experienced a significant decline due to concerns over private credit markets and potential AI disruptions. Defensive sectors like healthcare and food and beverage saw gains as investors sought stability.
Apple set to lose nearly $500 billion in value after weak forecast
Apple shares dropped significantly after a weak forecast indicated component shortages. The AI boom is straining global supply chains, impacting chip availability for major tech