Europe markets on Thurs Aug. 28: Nvidia beat,
While investors evaluated the three -month earnings report from the technology giant, the European Stock Exchange Markets opened higher on Thursday. Nvidia.
The company that makes products for technology giants, including the US company Microsoft– Google– Meta And AmazonThis quarter sales growth will remain over 50% with a sign of continuous flexibility of artificial intelligence explosion. The second financial second quarter income was just above expectations, $ 46.74 billion.
Nevertheless, the company’s shares, data center income, abducted forecasts and concerns, were traded hours after NVIDIA rose on the future of Chinese sales.
French souls giant in Europe Pernod Ricard reported 3% decrease in sales for full year. Performance was reduced by the weak consumer sensation in China and the tariff uncertainty affecting distributor inventories in the USA. Stocks increased by 5% in early agreements.
British renewable energy group Drax Meanwhile, the company decreased by 11% after announced that it was investigated by the UK regulators. The Probe concerns the statements made on the procurement of biomass between January 2022 and March 2024 and the compliance of 2021, 2022 and 2023 years of reports on the rules of listing, disclosure and transparency.
Pan-Europe Stoxx 600 The index increased by 0.25% shortly after the open.
Data received from the European Automobile Manufacturers Association in the automobile sector European Union New Car Registrations increased by 7.4% annually in JulyA 39.1% increase in the number of battery-electric vehicles.
The figures emphasized the growth of the Chinese Ev-Macer Byd, which has a 290.6% march in the new records in January-July, with the highest level of any manufacturer. EUROPE – British – BYD’s records for US rival Tesla According to EAMA, it fell by 33.6% in the same stretch.
EU consumer and economic emotion figures will be published on Friday before inflation pressures from France, Germany, Spain and Italy on Thursday.
– Kif Leswing from CNBC contributed to this report.
