French train maker Alstom has cut its full-year outlook for the second time this year after problems with its Coradia Max trains in Germany, sending its shares down sharply in Paris trading.
Asian shares slipped on Monday as doubts about the returns on vast artificial intelligence spending weighed on technology stocks, with investors now looking to earnings from Apple, AMD and Palantir for a verdict on the AI trade.
Qatar’s benchmark index posted its sharpest intraday gain in more than eight years on Sunday, bucking a regional sell-off as investors braced for the possibility of renewed US strikes on Iran after Tuesday’s midterm elections.
Wall Street closed October with a sharp selloff as Intel and Reddit each fell 29%, leaving the Nasdaq composite with its worst month since March 2025 and investors questioning how quickly the AI spending boom will pay off.
