European wind power stocks fell on Wednesday after U.S. President-elect Donald Trump said he would try to ensure that "no windmills" are built on his watch, criticising the sector less than two weeks before he is due to take office. Trump's latest swipe against the industry raises concerns about how the U.S. wind market, the world's second-biggest after China, will develop in his second term, causing investors of companies with skin in the game to sell. Shares in the world's two biggest offshore wind farm developers - Denmark's Orsted and Germany's RWE - as well as turbine makers Siemens Energy, Nordex and Vestas were down between 2.9% and 7.3%.
Nomupay raises $37m to expand unified payments access in Asia market
The investment will accelerate expansion in Asia of integrated payments platform for European, US and ROW players through a single API-integration
Trump Fuels European Stock Swings In Sign of Things to Come
(Bloomberg) -- Days before his inauguration, Donald Trump is moving stock markets with comments on everything from defense to renewable energy, and even Greenland.Most Read from BloombergNYC’s Subway Violence Deters Drive to Bring Workers Back to OfficeDutch Central Bank Restores Amsterdam’s ‘Ugliest Building’Can American Drivers Learn to Love Roundabouts?NYC Condo Owners May Bear Costs of Landmark Green Building LawCan States Hit the Brakes on Runaway Roadbuilding?Shares in firms exposed to win
5 Things to Know Before the Stock Market Opens
News of the day for Jan. 8, 2025
Analysis-Beaten-down European stocks lure investors back as Trump trades wobble
Beaten-down European stocks are luring investors back after a record underperformance versus Wall Street in 2024, as fears about U.S. economic shocks under incoming President Donald Trump boost the appeal of international markets. Amundi, Europe's largest investor, said on Wednesday it had "turned constructive on Europe" because the effect of trade war fears on valuations was exaggerated. The STOXX 600 index of blue-chip European shares has lost 0.7% this month but outperformed the U.S. S&P 500, which has dropped nearly 3% on fading hopes for U.S. interest rate cuts and policy uncertainty.
Western European car market flat in 2024 – GlobalData
Growth is expected to uptick in 2025 with further interest rate cuts and more competitively priced models.
Why Is Quantum Computing Stock Falling Today?
Quantum Computing Inc. (NASDAQ:QUBT) shares are trading lower in the premarket session on Wednesday. The company announced a private placement offering of 8.16 million shares of common stock at $12.25 per share. The offering, which is expected to generate $100 million in gross proceeds before expenses, is set to close on or about January 9, 2025, pending customary closing conditions. The company plans to use the net proceeds for working capital and general corporate purposes, with a focus on adv