Aramco HQ Attacked; ASML Races to Meet AI Demand
Iran-backed Houthis launched missile and drone attacks across Saudi Arabia, targeting multiple cities and hitting the headquarters of oil giant Saudi Aramco in the eastern part of the kingdom. The attack marks a significant escalation in regional tensions and raises concerns about the security of critical energy infrastructure. In corporate news, ASML shares rose after the Dutch company announced that soaring artificial intelligence spending is driving demand for its chip-making machines. The company said it is exploring ways to increase production over the next two years to keep up with the surge in orders. The Opening Trade provides comprehensive coverage of these stories and more, offering analysis and insights as markets open across Europe. Viewers get a breakdown of the key themes moving markets, from geopolitical risks to corporate earnings.