Stock Market 15 March 2025 - 17 March 2025

Volkswagen preferred shares dropped 4.24% to €80.53 after going ex-dividend, with shareholders approving a €5.20 dividend for ordinary shares and €5.26 for preferred shares. CEO Oliver Blume described the coming years as “critical.” ASML shares in Amsterdam slipped 0.6% to €1,666.00 after the company clarified it did not ship EUV chipmaking machines or parts to China, responding to U.S. concerns and impacting its strong AI-driven momentum. U.S. equity markets were closed Friday for Juneteenth. SoFi shares rose 2.81% to $17.91 on Thursday, up about 8% for the week. Grab’s stock climbed 3.48% to $3.57, outperforming the Nasdaq Composite’s 1.9% gain. Marvell shares surged 7.27% to $310.58 after KeyBanc raised its target and a photonics milestone with Tower Semiconductor, with Marvell set to join the S&P 500. Infosys dropped about 7%, leading declines in Indian IT as Nifty IT hit a three-year low, with analysts citing weak client spending. Flex gained 3.13% to $147.61 and will join the S&P 500. Nokia fell 9.1% for the week as investors focused on AI optical networks, patent licensing, and defense connectivity. T&T opened its first California store in San Jose and plans a larger Newark location. American Airlines rose 3.7% to $15.99, up 6.7% for the week as lower oil prices eased cost concerns. Take-Two jumped 4.93% to $239.28 after Rockstar announced GTA VI preorders, up almost 13% for the week. TechnipFMC saw mixed institutional moves as investors await management updates and Q2 results. Novo Nordisk rose about 5% to 294.4 Danish crowns, boosting the OMX Copenhagen 25. Intel climbed 10.64% to $133.99 after news that Apple will partner with Intel for U.S. chip design and manufacturing. Nvidia gained 2.95% as semiconductors lifted the Nasdaq. Butterfly Network soared 55.9% for the week to $8.90. QuantumScape rose 16.52% to $8.04 after a joint research deal with Honda R&D. Accenture slid 17.97% to $127.98 after posting $18.72 billion in revenue and cutting its outlook. The Cboe Volatility Index fell 11.06% to 16.40 following the U.S.-Iran deal and reopening of the Strait of Hormuz, calming oil and inflation concerns.