CAC 40 Gains as AI Optimism Boosts Tech Stocks

The CAC 40 Index rose 66 points or 0.83 percent on Thursday to close at 8074 points. Leading the gains are STMicroelectronics (6.20%), Stellantis NV (3.47%) and Dassault Systemes (2.83%). Top losers were TP (-1.40%), Carrefour (-0.41%) and Airbus (-0.40%).

The CAC 40 rose 0.9% to close at 8,082 on Thursday, extending the previous session’s gains as optimism surrounding artificial intelligence continued to support sentiment. Investors also closely monitored the highly anticipated summit between US President Donald Trump and Chinese President Xi Jinping. AI-related enthusiasm strengthened after Cisco Systems reported record fiscal third-quarter 2026 results and issued a stronger-than-expected sales outlook. Technology stocks advanced, with STMicroelectronics rising 5.4%. Attention remained focused on the Trump-Xi meeting, with Xi telling US business executives that China’s door to foreign business “will only open wider and wider.” The two leaders are also expected to discuss Taiwan, Iran, and artificial intelligence. Luxury stocks were among the top performers, with LVMH gaining 1.9% and Kering rising 1.6%, while financial shares also moved higher, including Société Générale (+1.4%) and AXA (+1.5%).

The CAC 40 rose 0.5% to 8,046 on Thursday, extending gains from the previous session, supported by firm optimism around artificial intelligence, while investors closely monitored the highly anticipated summit between Presidents Donald Trump and Xi Jinping. Sentiment toward AI remained strong after Cisco Systems reported record fiscal Q3 2026 results and issued a better-than-expected sales outlook. Attention now centered on the Trump–Xi meeting, with Xi emphasizing to US business executives that China’s door to foreign business “will only open wider and wider.” The two leaders are also expected to discuss Taiwan, Iran and AI. Luxury heavyweights were among the top gainers, with LVMH rising 0.7%, Hermès gaining 0.8%, and Kering edging up 0.2%, despite peer Burberry shedding ground even after reporting quarterly sales that beat estimates. Financial stocks also strengthened, including BNP Paribas (0.6%), Crédit Agricole (0.9%), and Société Générale (1.8%).