Dassault Systèmes shares fall 8% amid AI concerns; European markets edge higher

Dassault Systèmes Shares Drop 8% Amid AI Fears

European markets saw a cautious rise on Monday as investors digest the outcomes of the Munich Security Conference. While most sectors remained positive, shares of Dassault Systemes took a hit after broker AlphaValue lowered its rating to Reduce due to concerns over AI monetization and stalled momentum at the French software giant.

Geopolitical discussions dominated the conference, with European leaders emphasizing the need for increased defense spending to achieve strategic autonomy. The potential for a common nuclear shield was also a topic of debate, as transatlantic relations were under scrutiny following remarks from U.S. Secretary of State Marco Rubio and German Chancellor Friedrich Merz.

Ukrainian leader Volodymyr Zelenskyy reaffirmed his country's commitment to EU membership by 2027, signaling a potential timeline for accession. Meanwhile, UK lender NatWest Group outperformed the FTSE 100 with a substantial share buyback program, while mining stocks faced volatility following incidents at key projects.

Major companies like Airbus, Nestlé, and Renault are set to release earnings later this week, with Japan's Nikkei also showing modest growth. Despite these developments, global markets remain cautious ahead of the U.S. Presidents' Day holiday.