Wells Fargo CEO said the bank is very bullish on the U.S. market.

European equities slipped as a tech-led rebound lost momentum. STOXX Europe 600 -0.3%. FTSE 100 -0.1%; consumer names weak. CAC 40 -0.1%; luxury stocks weighed, LVMH -1.1%. Airbus jumped 5.1%, lifting aerospace names and helping limit losses on the DAX, which was down 0.1%. AI-related names dragged the AEX -0.8%, with ASML -2.25%. Banco Santander fell 0.4% after results, narrowing earlier losses but leaving the IBEX 35 down 0.3%. FTSE MIB -0.2%.

Wall Street Journal reports OpenAI is expanding its data‑center footprint and has raised its compute‑spend forecast through 2030 from about $600 bln earlier this year to roughly $750 bln, citing new agreements with cloud providers to secure large‑scale compute for AI model development and operations. OpenAI said it will invest $20 bln to launch the "Camellia" data centre in Effingham County, Georgia, and has signed a contract with Georgia Power for 3.2 GW of electricity supply covering 2028–2032; total project costs may exceed $30 bln, potentially making it one of OpenAI’s largest facilities. Sources say OpenAI has hired Brent Mayo, a former lead architect on Musk’s data‑centre projects, to help keep the build on schedule.