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LONDON, June 22 (Reuters) - Ocado Group (OCDO.L) shares surged by over 40% on Thursday after The Times newspaper reported speculation of possible bid interest in the online supermarket and technology group recently squeezed by a cost of living crisis in the UK. The Times noted there was talk of bid interest from more than one U.S. suitor including tech heavyweight Amazon (AMZN.O), pondering the merits of an offer worth 800 pence per share. Ocado declined to comment on either the stock's rise or the Times report. An Ocado grocery delivery van is driven along a street in London, Britain, March 25, 2023. Shares in Ocado rose as much as 46.7% and were briefly on track for their biggest one-day jump on record.
Persons: AJ Bell, Danni Hewson, Toby Melville, Ocado's, Ocado, Spencer, Danilo Masoni, James Davey, Muvija, Mike Holden, Susan Fenton Organizations: Ocado, The Times, Times, Amazon, REUTERS, Jefferies, Marks, Thomson Locations: U.S, London, Britain
Americans are clamoring for new weight-loss drugs, but companies aren't rushing to pay for them. At most, half of US employers help pay for weight-loss drugs for their workers, according to several estimates. "The drug companies, providers, and patient groups are insisting that weight loss will improve health and therefore offset these massive costs. Known as GLP-1 agonists, the drugs — Wegovy and Ozempic from Novo Nordisk and Eli Lilly's Mounjaro — mimic a gut hormone known as glucagon-like peptide 1, helping to suppress people's appetites and slow their digestion. Brent Eberle, the chief pharmacy officer at Navitus, said very few of the employers that worked with his pharmacy-benefit manager paid for weight-loss drugs.
Persons: that's, They're, AJ Loiacono, Li Ran, James Gelfand, Eli Lilly's, Ozempic, drugmakers, Brent Eberle, Navitus, Eberle, it's, Pat Gleason, Gleason, Wegovy, Eli Lilly, Lilly, Florian Gaertner, Loiacono Organizations: Morning, Novo Nordisk, Getty, Workers, Drugmakers, Therapeutics, Blue, Mayo Clinic, and Drug Administration, Capital Locations: Novo, Xinhua
Glystn, an AI-driven community management tool for creators and businesses, is launching publicly. Glystn, an AI-driven platform that aims to facilitate community management and engagement for creators across social-media platforms, is launching publicly. "Creators now have an array of publishing platforms, monetization platforms, and community platforms," Fassett said. By aggregating data from different platforms, Glystn allows creators to analyze information and trends from their audience in one place. We want to see creator communities that are large, vibrant, and for creators to really grow using the tool."
Persons: Hannah Grey, Cofounders Ethan Fassett, Michael Rowehl, Fassett, Glystn, Steve Mould, AJ Rafael Organizations: Eniac Ventures, Precursor Ventures, Perfect Ventures, YouTube, Media, Fox Sports
The result was DashCon, an attempt to bring together Tumblr users from different interests and fandoms for a single event. For all its (somewhat hilarious) failures, DashCon immediately became a core parable of our social media lore. Like so many other Tumblr users, O’Neil was just a nerdy teenager with cool interests looking for other people like her. A view of the iconic DashCon ball pit at the Renaissance Schaumburg Convention Center Hotel in Schaumburg, Illinois. She said people still send her cosplays of the infamous ball pit, almost 10 years later.
Persons: they’ll, DashCon, Lochlan O’Neil, O’Neil, , ” O’Neil, , , Harry Potter, cosplayers, O'Neil, Lochlan O'Neil, Sherlock ”, hadn’t, Lochlan O'Neil “, , It’s Organizations: CNN, Facebook, Twitter, Marvel, YouTube, Renaissance, Center, Taco Bell Locations: Indiana, Renaissance Schaumburg, Schaumburg , Illinois, Taco, Schaumberg , Illinois
The continent-wide European STOXX 600 (.STOXX) index rose 0.5%. The index gained 1.5% in the policy-packed week, its best performance in over two months. China-focused luxury stocks such as LVMH (LVMH.PA) and Richemont (CFR.S) gained nearly 3% each, boosting the broader STOXX 600. Defensive shares such as healthcare (.SXDP) gained 0.9%, and utilities (.SX6P) climbed 1.3% to a four-week peak. The STOXX 600 broke away from a restrictive 1% trading range that was seen for much of the past two weeks, as investors gradually start putting behind major central bank events.
Persons: Travis Perkins, DAX, Germany's DAX, Danni Hewson, AJ Bell, Hewson, Shreyashi Sanyal, Siddarth, Sohini Goswami, Sherry Jacob, Phillips Organizations: European Central Bank, U.S, U.S . Federal, Bank of Japan, Bank of, Britain's, Rheinmetall, Apollo Global Management, Claure Group, Thomson Locations: China, U.S ., Stockholm, Millicom, Bengaluru
MLB roundup: Shohei Ohtani wins, homers in Texas
  + stars: | 2023-06-16 | by ( ) www.reuters.com   time to read: +7 min
[1/7] Jun 15, 2023; Arlington, Texas, USA; Los Angeles Angels starting pitcher Shohei Ohtani (17) reacts after hitting a two run home run in the eighth inning against the Texas Rangers at Globe Life Field. Ohtani (6-2) allowed two runs in six innings, and he also hit his 22nd homer. Donovan Solano belted a three-run homer for Minnesota, which had won four of five. Guardians 8, Padres 6David Fry capped a five-run first inning with a three-run homer and visiting Cleveland held on to defeat San Diego. The Padres countered with Manny Machado's three-run homer in the bottom of the first but failed to capitalize on a series of opportunities to pull even or take the lead.
Persons: Shohei Ohtani, Tim Heitman, Mickey Moniak, Moniak, Nathan Eovaldi, Nathaniel Lowe, Adolis Garcia, Freddie Freeman, Chris Taylor, Luis Robert Jr, Eloy Jimenez, Jake Burger, Andrew Vaughn, Caleb Ferguson, Garrett, Ian Happ, Christopher Morel, Chicago's Marcus Stroman, Nico Hoerner, Cody Bellinger, Jason Delay, Johan Oviedo, Ozzie Albies, AJ Smith, Shawver, Albies, Sean Murphy, Matt Olson, Kevin Pillar, Smith, Elias Diaz, Ezequiel Tovar, Ryan McMahon, Kyle Freeland, Anthony, Adley Rutschman, Austin Hays, Jorge Mateo, Tyler Wells, Danny Jansen, Bryce Harper, Aaron Nola, Gregory Soto, Seranthony Dominguez, Craig Kimbrel, Bryson Stott, Ketel Marte, Luke Raley, Raley, Austin Pruitt, Isaac Paredes, Taylor, Manuel Margot, Javier Baez, Spencer Torkelson, Matt Vierling, Matthew Boyd, Sonny Gray, Donovan Solano, Lane Thomas, Keibert Ruiz, Phil Maton, Thomas, Ruiz, Corey Dickerson, Kyle Tucker, Yainer Diaz, David Fry, Manny Machado's, Trevor Stephan, Emmanuel Clase, Ryan Weathers Organizations: Los Angeles Angels, Texas Rangers, Globe Life, The Angels, Rangers, Dodgers, White Sox, Chicago, The Dodgers, Cubs, Pirates, Pittsburgh, Braves, Rockies, Atlanta, Colorado, Orioles, Blue Jays, Anthony Santander, Baltimore, Toronto, Phillies, Diamondbacks, Philadelphia, Arizona, Rays, Athletics, Tampa Bay, Oakland, Tigers, Detroit, Minnesota, Nationals, Astros, Washington, Houston, The Nationals, Padres, Cleveland, San Diego, Thomson Locations: Arlington , Texas, USA, Texas, Los Angeles, Chicago, Atlanta, Phoenix, Oakland, Minnesota, Minneapolis, San
Glystn, an AI-driven community management tool for creators and businesses, is launching publicly. Glystn, an AI-driven platform that aims to facilitate community management and engagement for creators across social-media platforms, is launching publicly. "Creators now have an array of publishing platforms, monetization platforms, and community platforms," Fassett said. By aggregating data from different platforms, Glystn allows creators to analyze information and trends from their audience in one place. We want to see creator communities that are large, vibrant, and for creators to really grow using the tool."
Persons: Hannah Grey, Cofounders Ethan Fassett, Michael Rowehl, Fassett, Glystn, Steve Mould, AJ Rafael Organizations: Eniac Ventures, Precursor Ventures, Perfect Ventures, YouTube, Media, Fox Sports
Eli Lilly also is expected to present data on another weight-loss drug called orforglipron, which patients take orally instead of through an injection. Retatrutide, Mounjaro and weight-loss drug Wegovy, produced by rival Novo Nordisk (NVO), are all injectable. But if the data were to fall short of expectations, the analysts don't foresee much downside to J & J shares. However, with JNJ-2113, Morgan Stanley noted that J & J management has touted its efficacy profile "without the baggage of a JAK label." J & J has consistently denied those accusations.
Persons: Eli Lilly, Johnson, Morgan Stanley —, Eli Lilly Eli Lilly, Morgan Stanley, Eli Lilly's Mounjaro, Mounjaro, Lilly's, retatrutide, hasn't, haven't, Jim Cramer's, Jim Cramer, Jim, AJ Mast Organizations: American Diabetes Association, Novo Nordisk, U.S . Food, Drug Administration, Pfizer, Novo Nordisk's, Johnson, American Academy of Dermatology, topline, J's, LTL Management, CNBC, Bloomberg, Getty, & ' $ Locations: U.S, Novo, Indianapolis , Indiana
Nathan Eovaldi (9-2) earned the win despite allowing four runs on seven hits and three walks in 6 1/3 innings. Reds 8, Cardinals 4Rookie Andrew Abbott blanked St. Louis for 5 2/3 innings as visiting Cincinnati rolled to a victory. The 24-year-old has permitted two runs on 12 hits with 23 strikeouts in 23 innings. Aaron Nola (5-5) was charged with six runs on seven hits in 6 1/3 innings to take the loss for Philadelphia. J.P. France (2-1) allowed three runs on seven hits over 6 2/3 innings.
Persons: Kyle Hendricks, Mitch Haniger, Darren Yamashita, Christopher Morel, Hendricks, Michael Conforto, Matt Mervis, Jakob Junis, Mervis, Morel, John Brebbia, Ozuna, Ronald Acuna Jr, Travis d'Arnaud, Kevin Pillar's, Acuna, MacKenzie Gore, Jared Shuster, A.J, Minter, Stone Garrett, Corey Seager, Seager, Nathan Eovaldi, Francisco Mejia, Taj Bradley, Lourdes Gurriel Jr, Gurriel, Nick Ahmed, Ryne Nelson, Matthew Boyd, Kerry Carpenter, Miguel Cabrera, Andrew Abbott, St, Louis, Abbott, Luke Maile, Spencer Steer, Miles Mikolas, Dylan Carlson, Nolan Arenado, Carlos Correa, Max Kepler, Trevor Larnach, Joe Ryan, Jorge Lopez, Adam Cimber, Vladimir Guerrero Jr, Whit Merrifield, Santiago Espinal, Nathan Lukes, Martinez, Bobby Miller, Mookie Betts, James Outman, Freddie Freeman, Miller, Aaron Nola, Manny Machado, Fernando Tatis Jr, Drew Carlton, Josh Hader, Nolan Jones, Ezequiel Tovar, Jake Bird, Kyle Freeland, Xander Bogaerts, Tatis, Mark Canha, Francisco Alvarez, Brandon Nimmo, Kodai, Ji Hwan Bae, Johan Oviedo, Cole Irvin, Anthony Santander, Gunnar Henderson, Adam Frazier, Brady Singer, Edward Olivares, Aledmys Diaz, Diaz, Tony Kemp, Joel Payamps, Oakland, Sam Long, Victor Caratini, Oakland's Paul Blackburn, Milwaukee's Julio, Jose Abreu, Houston, Bryan Abreu, Ryan Pressly, Cleveland, Josh Naylor, Triston McKenzie, Jean Segura, Joe Kelly, Puk, Yoan, Steven Okert, Jorge Soler, Luis Arraez, Arraez, Andrew Vaughn, J.P . Crawford, Eugenio Suarez, Julio Rodriguez, AJ Pollock, Bryan Woo, Shohei Ohtani, Patrick Sandoval Organizations: Chicago Cubs, San Francisco Giants, Oracle, Cubs, Giants, Braves, Atlanta, Nationals, Rangers, Rays, Tampa, The Rangers, Diamondbacks, Tigers, Arizona, Detroit, Reds, Cardinals, Cincinnati, Blue Jays, Minnesota, Toronto, Twins, Dodgers, Phillies, Philadelphia, Padres, San Diego, Colorado, Rockies, Mets, Pirates, New York, Pittsburgh, Orioles, Royals, Baltimore, Kansas City, Irvin, Athletics, Brewers, Oakland, Milwaukee, Blackburn, Astros, Cleveland, Marlins, White Sox, Chicago, The Marlins, Miami, Mariners, Angels, Seattle, Four Mariners, The Mariners, Thomson Locations: San Francisco , California, USA, Washington, Texas, St . Petersburg, Fla, Eovaldi, Tampa Bay, St, Minnesota, Los Angeles, Denver, San Diego, New, York, Kansas, Milwaukee, Milwaukee's Julio Teheran, Teheran, J.P, France, Miami, Anaheim , Calif, Angeles
June 9 (Reuters) - The White House on Friday said electric-vehicle charging stations using Tesla (TSLA.O) standard plugs would be eligible for billions of dollars in federal subsidies as long as they included the U.S. charging standard connection, CCS, as well. The statement follows separate announcements by U.S. automakers Ford Motor (F.N) and General Motors (GM.N) that they were adopting the Tesla model of charging, known as the North American Charging Standard (NACS). Tesla shares rose 4.1%. Some of them said on Friday that they would work to adapt to the Tesla standard. [1/2] Tesla charging stations are pictured in a parking lot in Shanghai, China March 13, 2021.
Persons: Biden, Tesla, Robyn Patterson, Patterson, Tesla's, Oleg Logvinov, Aly, Logvinov, Sam Houston, Danni Hewson, AJ Bell, Blink, Jonathan Levy, We've, They've, Asaf Nagler, ChargePoint, Jarrett Renshaw, Abhirup Roy, Hyunjoo Jin, Chavi Mehta, Bhanvi, Sayantani Ghosh, David Gaffen, Peter Henderson, Matthew Lewis Organizations: U.S, Ford Motor, General Motors, American, CCS, Analysts, Ford, GM, EV, Reuters, Volkswagen, Hyundai Motor, Kia, IoTecha, REUTERS, CharIN, Union of Concerned, Tesla, ABB, America, Thomson Locations: United States, Shanghai, China, CharIN North America, Swiss, Philadelphia, San Francisco, Bengaluru
June 9 (Reuters) - The White House on Friday said electric-vehicle charging stations using Tesla (TSLA.O) standard plugs would be eligible for billions of dollars in federal subsidies as long as they included the U.S. charging standard connection, CCS, as well. Tesla shares rose as much as 7.5% on Friday but pared gains to close 4.1% higher at $244.40. Analysts said the Ford and GM news was a big win that could make Tesla Superchargers an industry standard in the United States. GM and Ford shares closed up 1.1% and 1.3%, respectively. Musk on Friday said in a tweet it would be "ideal" for Tesla chargers to need only CCS adapters to meet federal charging standards.
Persons: Biden, Tesla, Robyn Patterson, Patterson, Tesla's, Sam Houston, Danni Hewson, AJ Bell, Blink, Jonathan Levy, ChargePoint, Musk, Jarrett Renshaw, Hyunjoo Jin, Abhirup Roy, Chavi Mehta, Bhanvi, Sayantani Ghosh, David Gaffen, Peter Henderson, Matthew Lewis Organizations: U.S, Ford Motor, General Motors, American, CCS, Ford, GM, EV, Reuters, Volkswagen, Hyundai Motor, Kia, Union of Concerned, Tesla, Elon, Thomson Locations: United States, Philadelphia, San Francisco, Bengaluru
Elon Musk told the BBC in April that "almost all advertisers have come back to Twitter." Ad revenue from April 1 to the first week of May was down 59% from a year earlier, NYT reported. Brands and agencies continue to limit spending on the platform over misleading and hateful content. While Elon Musk claims that "almost all advertisers have come back to Twitter," some still don't want anything to do with the company's CEO. He has deployed an array of bizarre tweets, from antisemitic conspiracy theories to anti-transgender content and anti-vaccine misinformation.
Persons: Elon Musk, Jason Kint, Musk, Nina Chen, AJ Brown, Chen, Brown, George Soros, Ted Deutch, Twitter Organizations: BBC, Twitter, Brands, Elon, New York Times, Digital, Times, Engineering, Brand, American Jewish Committee
Elon Musk is zeroing in on building live video on Twitter, sources told Insider. Twitter is working on a series of video products and services, including a new live video offering, according to people familiar with the matter and advertising industry sources. The goal is to have reliable, high resolution live video capabilities on Twitter, similar to what is offered on YouTube Live and Instagram Live, the people familiar said. He "went live" on Twitter in early May through a low-quality live video stream while testing Periscope — "an accident," one of the people familiar said. Other Twitter video initiativesPeriscope is not Musk's only attempt to revive Twitter's video capabilities.
Persons: Elon Musk, Tucker Carlson's, Elon Musk's, Linda Yaccarino, Yaccarino, Musk, Let's, deb, witt, ould, revie, ater, Diva,, ann, l. "If Organizations: Engineers, Twitter, YouTube, itt Locations: usk
The Senate passed a bill late on Thursday to lift the government's $31.4 trillion debt ceiling, avoiding a catastrophic, first-ever default. The Labor Department's closely watched employment report, due 0830 ET, is expected to still show a tight labor market. Fed funds futures trading showed an over 70% probability that the Fed will hold interest rates steady at its June 13-14 policy meeting. ET, Dow e-minis were up 185 points, or 0.56%, S&P 500 e-minis were up 21.25 points, or 0.5%, and Nasdaq 100 e-minis were up 63 points, or 0.44%. Reporting by Shreyashi Sanyal in Bengaluru; Editing by Nivedita Bhattacharjee and Maju SamuelOur Standards: The Thomson Reuters Trust Principles.
Persons: FEDWATCH, Russ Mould, AJ Bell, Germany's, Shreyashi Sanyal, Nivedita Bhattacharjee, Maju Samuel Organizations: Nike, Broadcom, Dow, Nasdaq, Federal, Fed, Labor, FEDWATCH Reuters, Dow e, Microsoft Corp, Apple Inc, Tesla Inc, Athletica, Dow Jones, Nike Inc, Germany's Adidas, Puma, Broadcom Inc, Nvidia Corp, Nvidia, Thomson Locations: Washington, United States, Europe, Bengaluru
Food inflation dipped slightly to 15.4% in May, but that’s still the second-highest rate on record. But chocolate and coffee prices are rising as global commodity prices soar, British Retail Consortium CEO Helen Dickinson said. Price controls anyone? “The current food price shock does not warrant such an intervention,” he added. Brexit is responsible for about a third of UK food price inflation since 2019, according to researchers at the London School of Economics.
Summer is back, and so is this nostalgic beauty staple
  + stars: | 2023-05-28 | by ( Aj Willingham | ) edition.cnn.com   time to read: +6 min
Summer is the season of Sun-In, a hair lightening spray that’s been birthing beach blondes (and beach oranges) for decades. As with all effectively marketed beauty products, Sun-In didn’t just promise lighter hair: It promised a perfect summer. “Just spray Sun-In under the sun, and see what happens,” a 1971 ad from Glamour Magazine reads. Other hair lightening sprays have come and gone, like Clairol’s Lemon Go Lightly, but Sun-In occupies a singular place in people’s hair memories. In this new lineup of summer potions, Sun-In is still the nostalgic classic.
Within weeks, Della Valle gave them a stark assessment of the problems Vodafone faces. Complicating matters is an investor base with conflicting demands, concerns about Vodafone's dividend outlook and a workforce reeling from the deep job cuts. While many observers in and outside the company had expected a fresh face, Della Valle won over the board. Vodafone's shares are trading at lows last seen in 2002, largely due to a cut to free cash flow forecasts. That may not sit well with Vodafone's other key investors - French telecoms billionaire Xavier Niel, who competes with it in Italy, and Liberty Global, its partner in the Netherlands.
Uvalde, Texas CNN —Editor’s note: This story contains graphic images and descriptions of the Uvalde school massacre. We really do,” Kassandra Chavez told CNN. Miguel Cerrillo, father of Miah, came into the room and said he wanted to watch, too. Credit: Texas Department of Public Safety Texas Department of Public SafetyJamie Torres, who watched separately, told CNN she wanted to see the video of her daughter. “Thank you for doing that,” Chavez told CNN.
PSG close in on French title as AC Ajaccio go down
  + stars: | 2023-05-13 | by ( ) www.reuters.com   time to read: +2 min
PARIS, May 13 (Reuters) - Paris St Germain edged closer to a record 11th French title when they beat AC Ajaccio 5-0 at home on Saturday, sending the Corsican side into Ligue 2 as Lionel Messi faced the wrath of the Parc des Princes. Christophe Galtier's side lead second-placed RC Lens, who beat Stade de Reims on Friday 2-1 despite being down to 10 men, by six points. Ajaccio are 18th on 23 points, 11 points from 16th-placed AJ Auxerre. Messi apologised to PSG and his team mates last Friday and was left out of the squad for their 3-1 win at second-bottom Troyes two days later. He was below par on Saturday as PSG bulldozed past Ajaccio.
US regional lenders eke out gains after brutal sell-off
  + stars: | 2023-05-05 | by ( ) www.reuters.com   time to read: +2 min
May 5 (Reuters) - Shares of U.S. regional lenders rose in premarket trading on Friday following a brutal sell-off during the week that saw First Republic Bank collapse and peer PacWest Bancorp (PACW.O) explore strategic options. The KBW Regional Banking Index (.KRX) has plunged about 31% this year as the sector grapples with deepening investor concerns with billions in market value wiped in recent weeks. PacWest, whose shares have plummeted 86% this year, said late on Wednesday it was in talks with potential partners and investors as it weighs strategic options. Shares of the bank plunged to close down 33%. Reporting by Manya Saini in Bengaluru; additional reporting by Amruta Khandekar Editing by Vinay DwivediOur Standards: The Thomson Reuters Trust Principles.
PacWest (PACW.O) slumped 37% in premarket trade, after having lost 29% since Monday. Reuters had reported on Wednesday that PacWest was exploring strategic options including a potential sale or capital raising, which the lender confirmed late in the day. Zion Bancorporation (ZION.O), KeyCorp (KEY.N), Valley National Bancorp (VLY.O), Comerica (CMA.N) and First Horizon (FHN.N) dropped between 2% and 6%. The SPDR S&P Regional Banking ETF (KRE.P) shed 2.8%. PacWest Bancorp reported a loss of $1.1 billion attributed to shareholders for the first quarter of the year.
MLB roundup: Dodgers stun Phillies on walk-off slam
  + stars: | 2023-05-04 | by ( ) www.reuters.com   time to read: +13 min
Brandon Drury also hit a homer for the Angels, who won for the sixth time in their last eight games. Starter Seth Lugo (3-2) held the Reds to one run on seven hits over six innings to earn the win. Pfaadt, a touted pitching prospect, went 4 2/3 innings and allowed nine hits -- four of which were home runs -- and seven runs. Texas starter Andrew Heaney allowed six runs on four hits in 4 2/3 innings, with four walks and five strikeouts. Losing pitcher Eric Lauer (3-3) allowed four runs -- all unearned -- on four hits and struck out six in 4 2/3 innings.
The “Ray” actor’s message follows an announcement from FOX network, also shared on Wednesday, that Nick Cannon will be filling in as guest host on “Beat Shazam,” a music-related game show that Foxx hosts with his daughter Corinne. The network also announced that Kelly Osbourne will be filling in as guest DJ on the show. “Everyone at FOX Entertainment wishes Jamie well as he continues his recovery, and we greatly appreciate Nick’s willingness to jump in and help this summer,” the statement read. Foxx had been in Atlanta filming the Netflix movie “Back in Action” with Cameron Diaz when he experienced the medical emergency resulting in his hospitalization. A source previously told CNN that the incident did not happen on set, and indicated that filming was expected to wrap in April.
MLB roundup: AJ Pollock's HR ends no-no as Mariners edge A's
  + stars: | 2023-05-03 | by ( ) www.reuters.com   time to read: +11 min
Mariners starter Bryce Miller, in his major league debut, gave up a run on two hits and no walks with 10 strikeouts. The Reds snapped a run of seven straight losses to the Padres and a streak of nine straight losses in San Diego. Jon Gray allowed four runs on eight hits with one walk and two strikeouts over 5 1/3 innings. The right-hander lasted five innings, allowing three runs on seven hits with no walks and six strikeouts. Keegan Thompson (1-2) was charged with three runs on four hits in one-third of an inning to take the loss.
The pan-European STOXX 600 index (.STOXX) fell 0.7%, as regional banking stocks (.SX7E) dropped 1.2%. Earnings from Microsoft Corp (MSFT.O) and Google's parent Alphabet Inc (GOOGL.O) beat expectations, but recessionary worries in the world's largest economy kept investor sentiment fragile. Shares of Swiss banking software company Temenos AG (TEMN.S) jumped 10.2% after it reported first-quarter earnings above consensus. Meanwhile, ASM International NV (ASMI.AS) fell 10.0% after the Dutch semiconductor equipment maker reported a drop in first-quarter orders, citing softening market conditions, despite an estimate-beating revenue. Dassault Systemes SE (DAST.PA) slid 7.4% after the French software maker reported first-quarter numbers broadly in line with estimates but with a miss on software licenses.
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