{"id":102708,"date":"2025-08-28T07:19:09","date_gmt":"2025-08-28T07:19:09","guid":{"rendered":"https:\/\/www.newsbeep.com\/ca\/102708\/"},"modified":"2025-08-28T07:19:09","modified_gmt":"2025-08-28T07:19:09","slug":"europe-markets-on-thurs-aug-28-nvidia-beat","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/ca\/102708\/","title":{"rendered":"Europe markets on Thurs Aug. 28: Nvidia beat,"},"content":{"rendered":"

European stock markets are heading for a higher open Thursday, as investors assess an above-consensus quarterly earnings report from chipmaker Nvidia<\/a>.<\/p>\n

The U.S.-listed firm, which makes products for tech giants including Microsoft<\/a>, Google<\/a>, Meta<\/a> and Amazon<\/a>, said sales growth this quarter will remain above 50% in a sign of the continued resilience of the artificial intelligence boom. Fiscal second-quarter revenue came in just above expectations, at $46.74 billion.<\/p>\n

The company’s shares nevertheless slipped in after hours trading after\u00a0data center revenue\u00a0missed estimates and concerns rose over the future of Nvidia’s China sales.<\/p>\n

\"Nvidia<\/a>Nvidia beats on top and bottom lines. Here’s why the stock is falling<\/a><\/p>\n

In Europe, French spirits giant Pernod Ricard<\/a> reported a 3% decline in sales for the full-year<\/a>. Performance was pulled down by weak consumer sentiment in China and tariff uncertainty in the U.S. impacting distributor inventories.<\/p>\n

In the auto sector, data from the European Automobile Manufacturers Association showed European Union new car registrations rose by an annual 7.4% in July<\/a>, notching a 39.1% increase in the number of battery-electric vehicles.<\/p>\n

The figures highlighted the strong year-to-date growth of Chinese EV-maker BYD, which has recorded a 290.6%\u00a0hike\u00a0in new registrations\u00a0over the January-July period, by far the highest of any manufacturer. European – including U.K. –\u00a0registrations for\u00a0BYD’s\u00a0U.S. rival Tesla<\/a> are down 33.6%\u00a0over the same stretch, according to the EAMA.<\/p>\n

EU consumer and economic sentiment figures are due out later on Thursday, ahead of inflation prints from France, Germany, Spain and Italy on Friday.<\/p>\n

\u2014 CNBC’s Kif Leswing contributed to this report.<\/p>\n","protected":false},"excerpt":{"rendered":"European stock markets are heading for a higher open Thursday, as investors assess an above-consensus quarterly earnings report…\n","protected":false},"author":2,"featured_media":102709,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[12],"tags":[26743,7174,3716,45,161,49,11852,48,95,59175,11853,59176,1376,2294,46,637,3415,42397,47515,10816,6501,4996,55751,1375,7128,100,15850,13627,16359,1369,55752,56888,30843,1378,2162,7161,772],"class_list":["post-102708","post","type-post","status-publish","format-standard","has-post-thumbnail","category-markets","tag-alphabet-class-a","tag-amazon-com-inc","tag-breaking-news-europe","tag-business","tag-business-news","tag-ca","tag-cac-40-index","tag-canada","tag-china","tag-commerzbank-ag","tag-dax","tag-deutsche-bank-ag","tag-donald-trump","tag-economic-events","tag-economy","tag-france","tag-francois-bayrou","tag-ftse-100","tag-ftse-mib","tag-germany","tag-goldman-sachs-group-inc","tag-italy","tag-jde-peets-nv","tag-jerome-powell","tag-keurig-dr-pepper-inc","tag-markets","tag-meta-platforms-inc","tag-microsoft-corp","tag-nasdaq-100-index","tag-nvidia-corp","tag-pernod-ricard-sa","tag-puma-se","tag-rhode-island","tag-sp-500-index","tag-stoxx-600","tag-tesla-inc","tag-united-states"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/posts\/102708","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/comments?post=102708"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/posts\/102708\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/media\/102709"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/media?parent=102708"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/categories?post=102708"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/tags?post=102708"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}