Houlihan Lokey reported greater softness in Europe and noted that geopolitical uncertainty in the Middle East pressured its results.

The entities involved

• Houlihan Lokey →

  American multinational investment bank and financial services company

  Nothing else this week.

• Europe →

  terrestrial continent located in north-western Eurasia

  • The European Commission aims to strengthen homegrown AI capabilities while global advanced models face usage restrictions.Mon 17:49
  • The European Central Bank is forced to raise interest rates due to energy price shocks from the Iran war and an influx of Chinese exports.Mon 17:49
• Middle East →

  geopolitical region encompassing Egypt and most of Western Asia, including Iran

  • A US Air Force base in Fairford, located near the Oxfordshire border, is being utilized due to actions in the Middle East.Mon 17:54
  • Authorities are investigating an incident at a base in Fairford, with possible links to Iran and Russia.Mon 17:54

Related events

• Tensions in the Middle East affected business confidence.Jul 14
• Tension in the Middle East increases uncertainty.Sep 10
• Geopolitical tensions in the Middle East added to market uncertainty, specifically impacting the Nasdaq.Jun 10
• Geopolitical tensions stemming from the Middle East war with Iran are impacting tech stocks and European market sentiment.Jun 7
• Tensions in the Middle East linger, affecting market sentiment.Jul 24