The blue-chip EURO STOXX 50, which tracks the euro area's largest listed companies, also set a new all-time high during the day. France's CAC 40 climbed to a record 8,700, while Italy's FTSE MIB reached an unprecedented 53,540. Record highs everywhereYet the companies leading Europe's bull market bear little resemblance to the household names that have long defined the continent's equity story. Why European stocks keep setting recordsSeveral forces have come together to fuel the rally. Second-quarter reporting has generally exceeded expectations, while global enthusiasm for artificial intelligence infrastructure has transformed a small group of European technology suppliers into some of the world's best-performing stocks.