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Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailDenmark, Sweden and Finland top the list for Milken's 2024 Global Opportunity IndexThe Milken Institute, an economic think tank based in California, released its annual Global Opportunity Index report which tracks investor interest in global economies. The U.S. ranked 4 while China ranked 39 — which is pretty high for an emerging economy, Senior Director Maggie Switek said.
Persons: Maggie Switek Organizations: Email, Milken Institute, U.S, China Locations: Email Denmark, Sweden, Finland, California
America's first commercial-scale offshore wind farm is officially open, a long-awaited moment that helps pave the way for a succession of large wind farms. The Biden administration has approved six commercial-scale offshore wind energy projects, and auctioned lease areas for offshore wind for the first time off the Pacific and Gulf of Mexico coasts. Ørsted CEO Mads Nipper called the opening a major milestone that proves large offshore wind farms can be built, both in the United States and in other countries with little or no offshore wind energy currently. The first U.S. offshore wind farm was supposed to be a project off the coast of Massachusetts known as Cape Wind. The nation's second large offshore wind farm, Vineyard Wind, is expected to open later this year off the coast of Massachusetts, too.
Persons: Ørsted, Kathy Hochul, Deb Haaland, Biden, Hochul, , ” Hochul, Eversource, Mads Nipper, Equinor, David Hardy, Ørsted . Ørsted, It’s, it’s, Haaland Organizations: Montauk Point , New York . New York Gov, . New York, Fork, Associated Press, Ørsted ., DONG Energy, Danish Oil, Gas, Industry, Copenhagen Infrastructure Partners Locations: Montauk Point , New York ., Gulf of Mexico, . New, York, Rhode Island, Long, United States, New York, Norwegian, Denmark, Germany, U.S, Massachusetts, Avangrid, Copenhagen, AP.org
AdvertisementThe two-week JPMRC Alaska training exercise involved over 8,000 troops from the 11th Airborne Division, as well as international allies and partners. Brandon VasquezBack in 2021, the US Army released its new strategy on regaining Arctic dominance, leading to the reorganization of its Alaskan forces and priorities. AdvertisementAll Arctic nations are keeping an eye on what could be seen as increased access to energy, minerals, and resources in the Arctic. AdvertisementU.S. Army Soldiers assigned to the 11th Airborne Division patrol on snow machines during the Joint Pacific Multinational Readiness Center 24-02 exercise at Donnelly Training Area, Alaska, Feb. 17, 2024. For that reason, the Army appears to be encouraging its Arctic soldiers to be creative and able to adapt to whatever conditions or situations they might encounter.
Persons: , Col, Sean Lucas, JPMRC, Brandon Vasquez, Spc.Wyatt Moore, Abreanna Goodrich, China —, I've, Zachary Burns, Sammantha Ohm, Joseph Gaskin Organizations: US, Army, Service, US Army Pacific's, Pacific Multinational Readiness Center, Business, 11th Airborne Division, U.S ., 1st Infantry Brigade Combat Team, Airborne Division, Pacific Multinational Readiness, U.S, US Army, U.S . Army, 3rd Battalion, 509th Parachute Infantry Regiment, 2nd Infantry Brigade Combat Team, 11th Airborne, Donnelly Training, Public Affairs Detachment, National Intelligence, Spc, Department of Defense, Army Spc, 5th Squadron, 1st Calvary Regiment, Delta Co Locations: Russia, China, Fairbanks , Alaska, Alaska, Hawaii, U.S, Utqiagvik, Soviet Union, Canada, Denmark, Russian, JPMRC
The Lego company grew sales 2% last year, even as the global toy industry saw sales slip 7%, according to data from Circana. The pandemic-era gains that fueled exponential toy industry sales growth waned in 2023 as consumers cut discretionary spending amid rising inflationary costs and increased credit card debt. Meanwhile Denmark-based Lego posted resilient sales, with revenue reaching 65.9 billion Danish krone, or about $9.65 billion, it said Tuesday. The company saw sales jump 27% in 2021 and 17% in 2022. The toymaker's top-performing brands last year included Lego Icons, Lego Technic, Lego City, Lego Harry Potter and Lego Star Wars.
Persons: Niels Christiansen, Harry Potter, Christiansen, Lego, We're Organizations: CNBC, Lego, Lego Star, Epic Games Locations: Denmark, Lego City, China
The US economy has grown dramatically and powered its stock market in recent decades. "The longer-term rise in the relative size of the US equity market has reflected the dominance of the US economy," strategists wrote. Similarly, the prolonged increase in the US markets' relative total size reflects the dominance of the US economy, according to Goldman Sachs. Goldman SachsThe growth factorThe strength of the American stock market can be traced largely to its high volume of growth names. AdvertisementThe US stock market has more exposure to fast-growing companies than other countries.
Persons: Goldman Sachs, , it's, Peter Oppenheimer, Goldman Organizations: Service, Federal Reserve, Exxon, Mobil, Ford, General Electric, IBM, Novo Nordisk Locations: Switzerland, Denmark, Novo, Danish
COPENHAGEN, Denmark (AP) — Europe’s oldest monarch, King Harald V of Norway, is getting a permanent pacemaker on Tuesday, the palace said, adding that the monarch will followingly remain in hospital for a few days. In a brief statement, the royal household said the 87-year-old would get it at Oslo's university hospital, Rikshospitalet. Last month, Harald fell ill during a private holiday with his wife Queen Sonja on the Malaysian resort island of Langkawi. Harald returned to Norway aboard a medical airplane and was immediately transferred to an Oslo hospital. He ascended to the throne following the death of his father, King Olav, in 1991.
Persons: King Harald V of, followingly, Harald, Queen Sonja, Queen Margrethe II of Denmark, King Olav, Prince Haakan Organizations: Locations: COPENHAGEN, Denmark, King Harald V of Norway, Malaysian, Langkawi, Norway, Oslo
Lego said its 2023 revenue was 2% higher compared to the previous year, growing to 65.9 billion Danish krone (around $9.65 billion). "It was a difficult year," Lego CEO Niels Christiansen told CNBC. The Danish toymaker said operating profit declined slightly from 17.9 billion Danish krone to 17.1 billion, noting that it had boosted spending on strategic initiatives designed to drive growth. Net profit came in at 13.1 billion Danish krone in 2023, compared to 13.8 billion the previous year. Toy company Hasbro earlier this month said its 2023 revenue fell by 15% compared to 2022 and that it expected to see a further decline this year.
Persons: Lego, Niels Christiansen, toymaker Organizations: CNBC, Toy, Hasbro Locations: China, U.S, Europe
The jets are ready, and the flight instructors are waiting, at a new training center in Romania that was created to teach Ukraine’s pilots to fly the F-16 warplane. But the delay is a window into the confusion and chaos that has confronted the military alliance’s rush to supply the F-16s. That is not to say that Ukraine’s pilots are not being prepared. Twelve pilots so far — fewer than a full squadron — are expected to be ready to fly F-16s in combat by this summer after 10 months of training in Denmark, Britain and the United States. But by the time the pilots return to Ukraine, as few as six F-16s will have been delivered out of about 45 of the fighter jets that European allies have promised.
Persons: It’s Organizations: NATO Locations: Romania, Denmark, Britain, United States, Ukraine
Jeremy Strong Isn’t Sure He Knows Who He Is
  + stars: | 2024-03-10 | by ( David Marchese | ) www.nytimes.com   time to read: +9 min
Mamadi Doumbouya for The New York Times Talk Jeremy Strong Isn’t Sure He Knows Who He IsFor years, Jeremy Strong was a relatively anonymous, steadily gigging actor. Jeremy Strong and Brian Cox in “Succession.” Craig Blankenhorn/HBOYou know, the quote that comes to mind for me is “Ass, gas or grass. I don’t think I’m someone who particularly has a drum to bang. Don’t know. I don’t know that that show can be put into any box, but it had an incredible amount of humor in it.
Persons: Mamadi Doumbouya, Jeremy Strong, , ” “ Selma ”, Roy, Strong, Kendall Roy, Ibsen’s, , , Forrest Gump, Jeremy, Brian Cox, ” Craig Blankenhorn, Rafe Spall, Hamish Linklater, Steve Carell, Jeffry Griffin, Ryan Gosling, Jaap Buitendijk, I’ll, Ibsen, Robert Ferguson, Ted Hughes, I’ve, you’re, You’ve, Arthur Miller, It’s, Miller, Keats, Michael Imperioli, ” Emilio Madrid Really, I’m, David, Peter Sellers, he’s, Sam Gold, Coward, Barry Lyndon ” Organizations: The New York Times, HBO, Yorker, Paramount, Everett, The, New York Times Locations: , Denmark
Denmark is not a socialist country, but it has strong welfare safety nets, like a free healthcare system that people must pay into. AdvertisementDenmark has 'free' healthcare, but it isn't efficientDanish people pay high taxes to support a healthcare system that is becoming less effective. The social aspect of the Danish system doesn't work efficiently anymore, so patients are choosing private hospitals instead. The idea is to discourage people from consuming these products and then relying on the free healthcare system for treatment. The Danish work less and take more time away to reinvigorate their creativity.
Persons: , Nick Olsen, didn't, I'd, Denmark, I've, you've, It's, Danes Organizations: Service, x365, Business Locations: Salt Lake City, Denmark, United States, LA, Thailand, Utah, Danish, New York, California, there's, America
London CNN —First, Novo Nordisk, the company behind Ozempic and Wegovy, outgrew its native Denmark. Investors rushed into Novo Nordisk’s stock after the company reported early-stage results from a trial of amycretin, an experimental weight loss drug that can be taken in pill form. Novo Nordisk, once the little-known maker of diabetes drug Ozempic, has ballooned in value as the drug’s off-label use for weight loss has spread. By contrast, shares of Novo Nordisk are up by 30% this year, and by nearly 80% over the past 12 months. The companies have cornered the global market for weight loss drugs that mimic GLP-1, a naturally-occurring hormone that suppresses appetite.
Persons: Grégoire, , Jens Naervig Pedersen, , Tesla, Elon Musk’s Tesla, China’s, Eli Lilly, “ Novo, Lilly, It’s, Musk, Jeff Bezos Organizations: London CNN, Novo Nordisk, Pictet, Management, CNN, US Food and Drug Administration, Nordisk “, Danske Bank, EV, Reuters, , Amazon, Bloomberg Locations: Novo, Denmark, Novo Nordisk’s, Danish, United States, Berlin, Germany, Europe, Pictet, EVs
Liselotte Sabroe | AFP | Getty ImagesWegovy obesity drug maker Novo Nordisk surpassed Tesla in market value, after fresh early trial data showed positive results for its new experimental weight loss pill. Novo Nordisk is now the 12th most valuable company in the world, with a market cap of $604 billion — ahead of Tesla's $569 billion, according to FactSet data. 8The uptick of Thursday extends a months-long rally for Novo Nordisk, as excitement grows around weight loss drugs and their potential wider applications. The early amycretin data marks a fresh milestone for Novo Nordisk, potentially offering a more effective and less intrusive alternative to its already widely successful injection-based Wegovy and Ozempic drugs. Wegovy showed weight loss of 6% in a 12-week trial, while Ozempic is a diabetes treatment.
Persons: Liselotte Sabroe, Eli Lilly, amycretin, Martin Holst Lange, Lange Organizations: AFP, Getty, Novo Nordisk, Tesla, Microsoft Corp MSFT, Apple Inc, AAPL, NVIDIA Corp NVDA Technology, Saudi Aramco, SA Energy, Inc, AMZN Consumer, GOOGL, Berkshire Hathaway BRK.B, Company LLY Healthcare, Broadcom Inc, AVGO Technology, Taiwan Semiconductor TSM, Novo Nordisk NVO, Finance, JPMorgan Chase JPM, Reuters Locations: Bagsvaerd, Copenhagen, Denmark, Danish, London, Saudi, Mar, Europe
An NBER working paper found that older siblings tend to make more money than their younger siblings. AdvertisementFor years, researchers have found that the eldest child tends to earn more money and perform better on cognitive tests than their younger siblings. AdvertisementOther reasons first-born siblings might have an advantageDayal told BI that studies across various countries and contexts have corroborated the idea that older siblings tend to have more education and economic success than their younger siblings. "Interestingly, these benefits start to emerge around age 12, when older siblings have more to teach and younger siblings are more ready to learn." AdvertisementGrant cited a study of 240,000 Norwegian teenagers that found younger siblings who had firstborn siblings die in infancy went on to have higher intelligence scores than laterborns with firstborn siblings.
Persons: , Meltem, Daysal, Younger, Dayal, Sandra Black, Columbia University who's, Adam Grant's, Grant Organizations: Service, National Bureau of Economic Research, of Economics, University of Copenhagen, Columbia University Locations: Denmark
Nadia Crevecoeur, a 26-year-old project manager, saw friends have amazing experiences living abroad. In college, I studied international affairs and had the privilege of living abroad in Geneva, Switzerland, and Brussels, Belgium. Courtesy of Nadia CrevecoeurDuring the eight months that I lived in Europe, I felt a lot of isolation and homesickness. While living in Europe, many factors contributed to a larger feeling of "I'm not from here, I'm a foreigner." AdvertisementMy purpose in living abroad was to thrive, but I just wasn't seeing myself thrive like I did back in the States.
Persons: Nadia Crevecoeur, , It's, it's, I'm, gaslit Organizations: Service Locations: Europe, New York, China, Portugal, Ireland, Germany, France, Denmark, Italy, Geneva, Switzerland, Brussels, Belgium, United States, It's, Haiti, States
WASHINGTON (AP) — Ancient stone tools found in western Ukraine may be the oldest known evidence of early human presence in Europe, according to research published Wednesday in the journal Nature. Archaeologists used new methods to date the layers of sedimentary rock surrounding the tools to more than 1 million years old. The chipped stone tools were likely used for cutting meat and perhaps scraping animal hides, he said. The very earliest stone tools of this type were found in eastern Africa and date back to 2.8 million years ago, said Rick Potts, who directs the Smithsonian Institution's Human Origins Program. “The oldest humans with this old stone tool technology were able to colonize everywhere from warm Iberia (Spain) to Ukraine, where it's at least seasonally very cold – that’s an amazing level of adaptability,” said Potts.
Persons: , Mads Faurschou Knudsen, it's, Roman Garba, Rick Potts, , Potts Organizations: WASHINGTON, Aarhus University, Czech Academy of Sciences, Smithsonian, Associated Press Health, Science Department, Howard Hughes Medical Institute’s Science, Educational Media Group, AP Locations: Ukraine, Europe, Korolevo, Denmark, Spain, Africa, Iberia
Of the 47 nations that endorsed the 2009 Terezin Declaration, which incorporated the principles, seven have made major progress, three have made substantial progress, 13 have made some progress and some 24 countries have made little or no progress, according to Tuesday’s report. “This report underscores the critical need for advancement in art and cultural property restitution,” Gideon Taylor, the president of WJRO, said in a statement. The 13 countries that have made some progress include Argentina, Belgium, Croatia, Greece, Hungary, Italy, Luxembourg, Norway, Poland and Serbia. Frederick Florin/AFP/Getty ImagesMost countries that signed onto the Terezin Declaration have made little or no progress, according to the report. This marks the first governmental document on Holocaust restitution to be endorsed in nearly 15 years, a step WJRO said will help advance the restitution of art and cultural property.
Persons: CNN —, , restitutions, ” Gideon Taylor, WJRO, Frederick Florin, Antony J, Blinken, , Stuart E, , Colette Avital Organizations: The Art, CNN, Jewish, Organization, Washington Conference, Washington, Palais Rohan Museum, Getty, WJRO, US State Department, of Holocaust Locations: Nazi, Austria, Czech Republic, France, Germany, Netherlands, Argentina, Belgium, Croatia, Greece, Hungary, Italy, Luxembourg, Norway, Poland, Serbia, Strasbourg, AFP, Australia, Brazil, Denmark, Ireland, Russia, Spain, Turkey, New York, Washington, Israel
CNN —A deadly outbreak of psittacosis, a bacterial infection also known as parrot fever, has affected people living in several European countries, the World Health Organization said Tuesday. Parrot fever is caused by bacteria in the Chlamydia family that is found in a variety of wild and pet birds and poultry. Humans commonly catch parrot fever by breathing in the dust from an infected bird’s secretions, according to the US Centers for Disease Control and Prevention. At least one person in Denmark got parrot fever from a pet bird. Sweden has been seeing an increase in the number of parrot fever cases since 2017.
Persons: Dr, Sanjay Gupta Organizations: CNN, World Health Organization, US Centers for Disease Control, Prevention, WHO, CNN Health Locations: Austria, Denmark, Germany, Sweden, Netherlands
After visiting all 50 states and 51 national parks, they've traveled to over 91 countries. Hidden gems in Denmark, Latvia, and Greece were their favorite destinations in the world. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . Faroe Islands, DenmarkFaroe Islands, Denmark. Faroe Islands, Denmark.
Persons: John, Beverly Martin, they've, , John Martin, Beverly, dirk moll John, There's, James Bond, Roberto Moiola Beverly, Marcus Lindstrom John, Maremagnum Beverly, Vasilis, Beverly Martin John, Folegandros Organizations: Service, Zeppelin, Beverly Locations: Florida, Denmark, Latvia, Greece, Faroe Islands, Denmark Faroe Islands, Faroe, Iceland, Scotland, Norway, Riga, Latvia Riga, It's, Europe, Beverly, Folegandros, Greece Folegandros, Santorini, There's
CAPE CANAVERAL, Fla. (AP) — Four astronauts headed to the International Space Station on Sunday where they will oversee the arrivals of two new rocketships during their half-year stint. SpaceX’s Falcon rocket blasted off from Kennedy Space Center, carrying NASA’s Matthew Dominick, Michael Barratt and Jeanette Epps and Russia’s Alexander Grebenkin. “When are you getting here already?” space station commander Andreas Mogensen asked via X, formerly Twitter, after three days of delay due to high wind. Epps should have launched to the space station on a Russian rocket in 2018, but was replaced for reasons never publicly disclosed. Flight controllers are monitoring a growing cabin leak on Russia’s side of the space station.
Persons: Matthew Dominick, Michael Barratt, Jeanette Epps, Russia’s Alexander Grebenkin, , Andreas Mogensen, Epps, Billy Joel, Dominick, Barratt, ” Barratt, Joel Montalbano Organizations: International, Kennedy Space Center, SpaceX, NASA, Sierra, Ford Motor Co, CIA, Navy, Associated Press Health, Science Department, Howard Hughes Medical Institute’s Science, Educational Media Group, AP Locations: CAPE CANAVERAL, Fla, U.S, Denmark, Japan, Russia, New York, Syracuse, N.Y, Russian
The startup company, Arctic Ice, shipped its first container of around 22 tons of Greenland ice to Dubai this year for sale to high-end bars and restaurants. Founded in 2022 by two Greenlanders, Arctic Ice has an interesting — and controversial — business model. Arctic Ice claims it’s offering a novel way to harness a natural resource, carving out new economic opportunities and raising awareness of the Arctic. Various attempts have been made over the past few decades to bring back natural ice commercially, but with little success. But perhaps inevitably for a business model that involves shipping a diminishing natural resource halfway across the world, Arctic Ice has attracted controversy.
Persons: , Malik V, Rasmussen, ” Rasmussen, , Jennifer Francis, Francis, It’s, Jason Box Organizations: CNN, glitzy, Climate Research, Geological Survey Locations: glitzy Dubai, Dubai, Nuuk, Greenland, Europe, people’s freezers, Norway, Denmark
Brit Awards 2024: See who won
  + stars: | 2024-03-01 | by ( Dan Heching | ) edition.cnn.com   time to read: +4 min
English singer-songwriter RAYE leads the contenders and has the most nominations ever at the Brits, with seven. RAYE also already won the songwriter of the year award ahead of the ceremony. In the best new artist category, RAYE is joined by Mahalia, Olivia Dean, PinkPantheress and Yussef Dayes. Frank Hoensch/Redferns/Getty ImagesThe Brit Awards event, taking place at the O2 Arena in London, is being hosted by Maya Jama, Roman Kemp and Clara Amfo. Announced performers set to take the stage include Dua Lipa, Kylie Minogue, RAYE, Tate McRae, Jungle and more.
Persons: RAYE, Blues ”, Arlo Parks, Jessie Ware, Little Simz, Olivia Dean, PinkPantheress, Dayes, Rachel Agatha Keen, Frank Hoensch, Maya Jama, Roman Kemp, Clara Amfo, Kylie Minogue, Tate McRae, Minogue, Calvin Harris, Ellie Goulding, , ” Cassio, Raye, Central, Ed Sheeran, Hus, Drake, Kenya Grace, ” Lewis Capaldi, ” RAYE, Rudimental, Charlotte Plank, Debbie, Ella Henderson, Goddard, Darren ” J Hus, Mahalia Olivia Dean PinkPantheress RAYE, Yussef Dayes, Damien Meyer, J Hus Jessie Ware Little, Olivia Dean RAYE, Helle Arensbak, Ritzau Scanpix, Barry Can’t, Becky Hill Calvin Harris, Fred, Romy R, Cleo Sol Jorja Smith Mahalia RAYE, Calvin Harris Charli, Olivia Dean RAYE Hip, Cee Dave J Hus, Simz Calvin Harris, David Becker, Caroline Polachek CMAT Kylie Minogue Lana Del Rey Miley Cyrus Olivia Rodrigo SZA, Taylor Swift, Billie Eilish, ” David Kushner, ” Meghan Trainor, Miley Cyrus, Noah Kahan, Oliver Tree, Robin Schulz, Olivia Rodrigo, Peggy Gou, Bill ” Tate McCrae, Baser Sekou Organizations: CNN, Blues, Dua, Mahalia, O2, “ Prada, , Getty, Arlo, Cee, Olivia Dean RAYE Group, Young, International Group, Foo, Pop Locations: United Kingdom, London, Dua Lipa, Dua, Kenya, France, Cee Dua, Aarhus, Denmark, AFP
The Google corporate logo hangs outside the Google Germany offices on August 31, 2021 in Berlin, Germany. Alphabet 's Google was hit with a 2.1-billion-euro ($2.3 billion) lawsuit by 32 media groups including Axel Springer and Schibsted on Wednesday, alleging that they had suffered losses due to the company's practices in digital advertising. "Without Google's abuse of its dominant position, the media companies would have received significantly higher revenues from advertising and paid lower fees for ad tech services. Crucially, these funds could have been reinvested into strengthening the European media landscape," the lawyers said. Others in the group include Austria's Krone, Belgian groups DPG Media and Mediahuis, Denmark's TV2 Danmark A/S, Finland's Sanoma, Poland's Agora, Spain's Prensa Iberica and Switzerland's Ringier.
Persons: Axel Springer, Schibsted, Stek, Big, Austria's, Finland's Organizations: Google, Geradin Partners, Publishers, DPG Media, Denmark's TV2, Spain's Prensa Locations: Berlin, Germany, Austria, Belgium, Bulgaria, Czech Republic, Denmark, Finland, Hungary, Luxembourg, Netherlands, Norway, Poland, Spain, Sweden, Europe, Austria's Krone
CNN —Swedish soccer star Kristoffer Olsson has been hospitalized and placed on a ventilator, seemingly due to an “acute disease related to the brain,” according to a statement from his team FC Midtjylland on Tuesday. FC Midtjylland also asked for privacy to allow the midfielder and his family to focus on recovery. FC Midtjylland said on Wednesday that training had been closed to media and fans as the club had been so affected by what had happened to Olsson. Olsson playing for FC Midtjylland in August 2023. After leaving Arsenal in 2014, Olsson joined FC Midtjylland on loan before completing a permanent move to the Danish side.
Persons: Kristoffer Olsson, Olsson, Kristoffer, Olsson’s, Mikolaj Barbanell, Kim Källström, ” Källström Organizations: CNN, FC Midtjylland, English Premier League club Arsenal, Arsenal, Twitter, Belgian, Anderlecht, Krasnodar, FIFA, Swedish Football Locations: Swedish, Aarhus, Denmark, Russian, Midtjylland
CNN —Images of a rhino in captivity, a Slovakian spa facility and a German finger wrestling champion are among the finalists and shortlisted entries in the prestigious Sony World Photography Awards 2024. The World Photography Awards organizes several different competitions each year, including youth and student prizes, with its national and regional winners unveiled last month. Liang Chen/Sony World Photography AwardsA photo by Angelika Jakob shows Josef Utzschneider, light heavyweight champion in the German finger wrestling championship. Angelika Jakob/Sony World Photography AwardsAn image by James Rokop, official photographer for the USA Artistic Swimming team. Helen McLain/Sony World Photography AwardsHaider Khan documented two rhinos in captivity in Germany and India.
Persons: Monica Allende, Karol Pałka, Nick Ng, Sujata Setia, Diana, Nygren, Diana Cheren Nygren, Brent Stirton, Jens Juul's, Jens Juul, Maurizio Di Pietro's, Maurizio Di Pietro, Katie Orlinksy's, Katie Orlinsky, Eddo Hartmann, Ekrem Sahin, Angelika Kollin's, Angelika Kollin, Adali Schell, Liang Chen, Angelika Jakob, Josef Utzschneider, James Rokop, Beth Galton, Helen McLain, Haider Khan Organizations: CNN, Sony, London’s Somerset House, World, Soviet Union, USA Locations: Slovakian, German, London’s, Uganda, Nairobi, Kenya, Roskilde, Denmark, Anaktuvuk, Kazakhstan, Soviet, Guangdong province, Germany, India
London CNN —The Magnificent 7 tech stocks have been a big part of the extraordinary US market rally. But there’s a rival group of companies powering European stocks to new heights with even better returns, by some measures. Dubbed the “Granolas,” those 11 companies accounted for 60% of the gains on Europe’s benchmark stock index over the past 12 months. They have even slightly outperformed the Magnificent 7 over a longer period, according to Goldman Sachs. Their standout performance has “raised the issue of concentration effects” in the region’s stock market, says Philip Lawlor, managing director of markets research at Wilshire Indexes.
Persons: London CNN —, Goldman Sachs, ASML, ” Goldman Sachs, Goldman Sachs, Guillaume Jaisson, Ozempic, , Philip Lawlor, ” Lawlor Organizations: London CNN, GSK, Roche, Novartis, Novo Nordisk, L’Oréal, AstraZeneca, SAP, Sanofi, , CNN, Danish, Wilshire Indexes, , Deutsche Bank Locations: LVMH, Europe, France, Germany, Denmark, Switzerland, Netherlands, United Kingdom, United States
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