Markets Rally on Hormuz & SpaceX Earnings | Dublin News

Global stocks surged this week, led by tech giants on Wall Street hitting fresh highs, fueled by hopeful signs of progress in reopening the Strait of Hormuz. SpaceX’s debut earnings report delivered a beat but sparked investor caution over Elon Musk’s bold AI spending plans. In Ireland, AIB and Bank of Ireland bounced back, while Origin Enterprises and Ryanair climbed on strong demand. Irish Continental Group is set to be acquired for €1.2 billion by Bluefin BidCo, with shareholder votes looming. Across Europe, London’s FTSE 100 edged higher thanks to Glencore and Next, as markets weighed Middle East diplomatic developments. Listen in comfort:Get a discount on a Soli Pillow: http://solipillow.com/discount/dnn. Advertise on DNN:[email protected] This is an automated, high-level news summary based on public reporting.Report issues to [email protected]. View sources & latest updates:https://sources.thednn.ai/53af9a6a5d55b629