Porsche shares shed 7% after cutting outlook

Porsche shares shed 7% after cutting outlook

European stocks were slightly lower on Monday morning, as investors closely monitored U.S. President Donald Trump‘s visa crackdown. The pan-European Stoxx 600 index traded 0.2% lower shortly after the opening bell, with most sectors and major bourses in negative territory. Auto stocks notched some of the biggest losses in early deals. The Stoxx Europe Automobiles…

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Europe markets on Thurs Aug. 28: Nvidia beat,

Europe markets on Thurs Aug. 28: Nvidia beat,

European stock markets fell on Thursday, as investors assessed an above-consensus quarterly earnings report from tech giant Nvidia. The U.S.-listed firm, which makes products for tech giants including Microsoft, Google, Meta and Amazon, said sales growth this quarter will remain above 50% in a sign of the continued resilience of the artificial intelligence boom. Fiscal…

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European markets on Weds Aug. 27: French politics, Nvidia earnings

European markets on Weds Aug. 27: French politics, Nvidia earnings

European markets are heading for a higher open Wednesday as traders gear up for a quarterly earnings report from chipmaker Nvidia. The Nasdaq-listed stock has become a bellwether for the global technology sector, particularly regarding the progress of the artificial intelligence boom, as its major corporate customers include Microsoft, Google, Meta and Amazon. Its value…

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Stoxx 600, DAX, CAC, FTSE

Stoxx 600, DAX, CAC, FTSE

Hannover Re shares fall as LA wildfires eat into first-half earnings The Palisades Fire during a windstorm on the west side of Los Angeles, California, U.S., on Jan. 7, 2025. Ringo Chiu | Reuters Shares of Hannover Re were 2% lower by 8:48 a.m. London time (3:48 a.m. ET), making it one of the worst…

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EU tariff reaction, Stoxx 600, FTSE

EU tariff reaction, Stoxx 600, FTSE

European stock markets close slightly lower Europe’s Stoxx 600 index closed 0.06% lower on Monday, after shaving off losses late in the day to finish at a session high. Investors are still trying to assess whether U.S. President Donald Trump’s threat of 30% tariffs on European Union imports will be averted before the Aug. 1…

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