(FILES) This illustrative photograph shows screens displaying the logo of the French company Kering, listed on the CAC 40, the main stock market index of the Paris Stock Exchange, in Toulouse on March 31, 2026. Shares of luxury group Kering fell more than 10% in early trading on the Paris Stock Exchange the day after the release of its first-quarter results, which showed a sharp decline in revenue due in part to the conflict in the Middle East. (Photo by Lionel BONAVENTURE / AFP via Getty Images)