Stock Movers Rheinmetall Up, Fresnillo Rises, ASML Rallies
Jan 5, 2026
Chloe Malay, a Bloomberg reporter specializing in European defense stocks, miners, and tech, guest stars to analyze the market's latest shifts. She discusses how the recent Venezuelan crisis has led to a surge in Rheinmetall and other defense companies. Malay also highlights the investor sentiment driving up spending in the defense sector amid global tensions. Additionally, she explores the momentum in semiconductor stocks like ASML, fueled by rising demand in AI and data-center infrastructure.
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Defense Stocks Jump On Geopolitical Risk
- Geopolitical shocks drive defense stocks higher as investors anticipate more spending.
- Chloe Malay says Rheinmetall and peers rallied on renewed tensions after the Venezuela events.
Miners Benefit From Flight To Safe Havens
- Precious metals gain when geopolitical turmoil pushes investors into safe havens like gold and silver.
- Chloe Malay notes Fresnillo benefits strongly as gold posts record gains and silver also rises.
AI Memory Demand Lifts Semiconductor Suppliers
- AI-driven memory demand is lifting chip suppliers and related stocks into the new year.
- Chloe Malay says ASML rallied to a record after upgrades and enthusiasm for AI and memory chips.