Denmark wants to ban social media for children under 15

French markets have bounced back to their pre-political drama levels just ahead of President Emmanuel Macron's announcement of a new prime minister. This recovery is significant as it reflects investor confidence and stability in the French economy, suggesting that the political turmoil may not have lasting effects.

French President Emmanuel Macron has called upon party leaders as the deadline approaches for appointing a new prime minister. This meeting is crucial as it will shape the future of the French government and its policies. With various parties vying for influence, the outcome could significantly impact France's political landscape and governance.

Ørsted, one of the largest windfarm developers globally, is set to reduce its workforce by 25%, cutting around 2,000 jobs by 2027. This decision comes in response to significant challenges in the industry, exacerbated by the Trump administration's policies that have led to a historic drop in share prices. This move highlights the ongoing struggles within the renewable energy sector and raises concerns about job security in a field that many see as crucial for combating climate change.

Gen Z is facing a significant decline in credit scores, largely due to the pressures of student loan repayments, rising inflation, and a trend known as 'doomspending' driven by social media. This situation is concerning because poor credit scores can have long-lasting effects on their financial futures, making it harder to secure loans or mortgages. As this generation navigates these challenges, understanding the impact of their financial decisions is crucial.

French President Emmanuel Macron is on the hunt for his sixth prime minister in less than two years, highlighting the ongoing political instability in the country. This frequent turnover in leadership raises questions about the effectiveness of his administration and its ability to implement policies. As Macron navigates these challenges, the implications for France's governance and public trust are significant, making this search a critical moment in his presidency.

In a significant political move, French President Emmanuel Macron is set to appoint a new prime minister within the next 48 hours. This decision comes at a crucial time for the French government as it seeks to navigate various challenges. The appointment is expected to influence the direction of policy and governance in France, making it a key development for both domestic and international observers.

New York City has filed a lawsuit against several social media companies, claiming they have created addictive platforms that harm children. This legal action highlights growing concerns about the impact of social media on young users, particularly regarding mental health and well-being. The outcome of this case could set a precedent for how social media companies are regulated and held accountable for their influence on minors.

A recent report reveals that 15 million more adults under 35 are living with their parents compared to a decade ago, marking a 6.3% increase. This trend highlights the challenges faced by Gen Z in securing independent housing, reflecting broader economic issues and the rising cost of living. Understanding this shift is crucial as it impacts not only individual lives but also the housing market and economic stability.

Denmark's stock market closed on a high note, with the OMX Copenhagen 20 index rising by 1.43%. This positive trend reflects investor confidence and could signal a robust economic outlook for the country. Such gains in the stock market are important as they can lead to increased investment and spending, ultimately benefiting the broader economy.

Orsted's recent $9 billion cash haul marks a significant turnaround for the Danish wind energy giant, suggesting a potential shift in the broader renewable energy industry. This financial boost not only highlights Orsted's resilience but also signals optimism for future investments in wind energy, which could inspire other companies to follow suit. As the world increasingly focuses on sustainable energy solutions, Orsted's success could pave the way for more advancements and growth in the sector.

Japan's likely next prime minister is facing significant backlash from coalition partners as he prepares for the upcoming election. This situation is crucial as it could impact the stability of the government and the direction of policies moving forward. The dynamics within the coalition may influence voter sentiment and the overall political landscape in Japan.

Denmark is reportedly close to finalizing an order for 16 Lockheed Martin F-35 jets, with a potential investment of up to DKK 29 billion. This move is significant as it enhances Denmark's defense capabilities and strengthens its partnership with NATO allies. The acquisition of these advanced fighter jets reflects Denmark's commitment to modernizing its military and addressing current security challenges.

European natural gas prices have seen a decline following the announcement of the Golden Pass LNG project. This development is significant as it indicates a potential increase in supply, which could stabilize prices and benefit consumers. The project is expected to enhance energy security in Europe, especially amid ongoing concerns about reliance on external sources.

Columbia Banking System has received an upgraded stock rating from KBW, reflecting its strong valuation and capital flexibility. This upgrade is significant as it indicates confidence in the bank's financial health and growth potential, which could attract more investors and positively impact its market performance.

Jefferies has initiated coverage of Gyre Therapeutics with a Buy rating and set a target price of $16 per share. This positive outlook reflects confidence in Gyre's potential for growth and innovation in the biotech sector, which could attract investors looking for promising opportunities. The endorsement from a reputable firm like Jefferies could also enhance Gyre's visibility in the market.

OceanFirst Financial has received an upgraded stock rating from KBW, signaling a positive shift in its earnings outlook. This upgrade is significant as it reflects the company's improving financial performance and potential for growth, which could attract more investors and boost market confidence.

Keefe, Bruyette & Woods has downgraded Comerica's stock rating to 'Market Perform', indicating a more cautious outlook on the bank's future performance. This change is significant as it reflects concerns about Comerica's ability to navigate current market conditions, which could impact investor confidence and stock value. Such downgrades can influence trading behavior and may lead to a reevaluation of the bank's growth prospects.

The euro and yen are facing significant declines this week, largely due to ongoing political turmoil in France and Japan. This situation is concerning as it reflects instability in these economies, which could have broader implications for global markets. Investors are closely monitoring these developments, as currency fluctuations can impact trade and investment decisions.