European Markets on Thursday August 28: Nafidia defeated,

Photo of author

By [email protected]


European stock markets opened on Thursday, as investors evaluate a quarterly profit report on a conso Nafidia.

The company listed in the United States, which manufactures products for technology giants, including Microsoftand Googleand Dead and AmazonHe said sales growth said this quarter will remain above 50 % in a sign of the continuation of the flexibility of the artificial intelligence boom. The revenues of the second quarter came in the second quarter of expectations, reaching 46.74 billion dollars.

However, the shares of the company fell after trading hours after the data center revenue lost the estimates and concerns it reached in the future of China’s sales in NVIDIA.

Nvidia Jensen Huang CEO is attending "Winning the artificial intelligence race" A summit in Washington, the capital, United States, July 23, 2025.

Nafidia outperforms the upper and lower lines. This is the reason for the decrease in the stock

In Europe, the giant of French spirits Burnoud Ricard I mentioned a 3 % decrease in sales for the whole year. Performance has been withdrawn by consumer morale poor in China and the induction of definition in the United States that affects distributed stocks. The shares increased by 5 % in early deals.

British renewable energy group Drax At the same time, 11 % decreased after the company announced that it was investigated by British organizers. The investigation of the data that was submitted on the sources of the biomus between January 2022 and March 2024 relates to its annual reports of 2021, 2022 and 2023 with the rules of listing, disclosure and transparency.

General Europe Stoxx 600 The index rose 0.25 % shortly after the open.

In the automotive sector, the data of the European Automobile Manufacturers Association showed New European auto records increased by 7.4 % in JulyObtaining an increase of 39.1 % in the number of battery electric vehicles.

The numbers highlighted the strong growth throughout the year of the Chinese EV-Maker BYD, which recorded 290.6 % in new records during the period from January to July, to the extent of the highest factory. European – including the United Kingdom – Registrations for the American BYD competition Timing 33.6 % decreased on the same extension, according to the EAMA.

The personalities of consumer and economic feelings in the European Union are scheduled to come out later on Thursday, before publications from inflation from France, Germany, Spain and Italy on Friday.

– KIF Leswing from CNBC contributed to this report.



https://image.cnbcfm.com/api/v1/image/108190604-1756186175771-gettyimages-2228481756-11619460.jpeg?v=1756359275&w=1920&h=1080

Source link

Leave a Comment