European indices close mostly higher on the day. Gains led by the Italy and France

SATS jumps 3.5% on new passes, but volatility remains. Down 14.9% from 52-week high, traders eye earnings miss.

HBI +15% on $5B bid; GIL dips. ONON jumps on strong outlook. CRCL surges on USDC growth. CAH slides on missed revs.

AI fears hit software stocks: SAP down 7.1%, Monday.com plunges 30%. Valuations under pressure as AI threatens competition.

AORT's 57.5x P/E raises flags; LH's 16x P/E shows slowing growth. EXLS shines with 15.1% revenue growth & 11.5% FCF margin at 21.3x P/E.

Tariff inflation shows mixed signals: some goods prices rise, others moderate. Core inflation at 3.1% signals ongoing price pressures.

CME futures show mixed movements: Aug '25 grains up 0.40, Jan '26 up 0.60, Dec '26 down 0.03. Volume steady.

Sugar futures surge! Oct '25 contract up 16.87, volume steady. Traders eye Mar '26 at 17.45.