{"id":28198,"date":"2025-08-28T07:10:08","date_gmt":"2025-08-28T07:10:08","guid":{"rendered":"https:\/\/www.europesays.com\/ie\/28198\/"},"modified":"2025-08-28T07:10:08","modified_gmt":"2025-08-28T07:10:08","slug":"europe-markets-on-thurs-aug-28-nvidia-beat","status":"publish","type":"post","link":"https:\/\/www.europesays.com\/ie\/28198\/","title":{"rendered":"Europe markets on Thurs Aug. 28: Nvidia beat,"},"content":{"rendered":"<p>European stock markets are heading for a higher open Thursday, as investors assess an above-consensus quarterly earnings report from<strong> <\/strong>chipmaker <a href=\"https:\/\/www.cnbc.com\/quotes\/NVDA\/\" rel=\"nofollow noopener\" target=\"_blank\">Nvidia<\/a>.<\/p>\n<p>The U.S.-listed firm, which makes products for tech giants including <a href=\"https:\/\/www.cnbc.com\/quotes\/MSFT\/\" rel=\"nofollow noopener\" target=\"_blank\">Microsoft<\/a>, <a href=\"https:\/\/www.cnbc.com\/quotes\/GOOGL\/\" rel=\"nofollow noopener\" target=\"_blank\">Google<\/a>, <a href=\"https:\/\/www.cnbc.com\/quotes\/META\/\" rel=\"nofollow noopener\" target=\"_blank\">Meta<\/a> and <a href=\"https:\/\/www.cnbc.com\/quotes\/AMZN\/\" rel=\"nofollow noopener\" target=\"_blank\">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<p>The company&#8217;s shares nevertheless slipped in after hours trading after\u00a0data center revenue\u00a0missed estimates and concerns rose over the future of Nvidia&#8217;s China sales.<\/p>\n<p><a href=\"https:\/\/www.cnbc.com\/2025\/08\/27\/nvidia-nvda-earnings-report-q2-2026.html\" rel=\"nofollow noopener\" target=\"_blank\"><img decoding=\"async\" src=\"https:\/\/www.europesays.com\/ie\/wp-content\/uploads\/2025\/08\/108176081-17533081032025-07-23t220036z_1834205612_rc2lsfaf3ftn_rtrmadp_0_usa-trump-ai.jpeg\" alt=\"Nvidia CEO Jensen Huang attends the &quot;Winning the AI Race&quot; Summit in Washington D.C., U.S., July 23, 2025. \"\/><\/a><a href=\"https:\/\/www.cnbc.com\/2025\/08\/27\/nvidia-nvda-earnings-report-q2-2026.html\" rel=\"nofollow noopener\" target=\"_blank\">Nvidia beats on top and bottom lines. Here&#8217;s why the stock is falling<\/a><\/p>\n<p>In Europe, French spirits giant <a href=\"https:\/\/www.cnbc.com\/quotes\/RI-FR\/\" rel=\"nofollow noopener\" target=\"_blank\">Pernod Ricard<\/a> reported a <a href=\"https:\/\/www.pernod-ricard.com\/en\/media\/fy25-full-year-sales-and-results\" target=\"_blank\" rel=\"nofollow noopener\">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<p>In the auto sector, data from the European Automobile Manufacturers Association showed <a href=\"https:\/\/www.acea.auto\/pc-registrations\/new-car-registrations-0-7-in-july-2025-year-to-date-battery-electric-15-6-market-share\/\" target=\"_blank\" rel=\"nofollow noopener\">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<p>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 &#8211; including U.K. &#8211;\u00a0registrations for\u00a0BYD&#8217;s\u00a0U.S. rival <a href=\"https:\/\/www.cnbc.com\/quotes\/TSLA\/\" rel=\"nofollow noopener\" target=\"_blank\">Tesla<\/a> are down 33.6%\u00a0over the same stretch, according to the EAMA.<\/p>\n<p>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<p>\u2014 CNBC&#8217;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&hellip;\n","protected":false},"author":2,"featured_media":28199,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[175],"tags":[6565,489,4623,79,207,6615,381,22750,6616,7036,356,4056,179,18,2220,19484,6617,6614,6621,17990,19,17,371,18630,5129,18631,188,5763,5762,191,778,18632,20094,20093,190,4624,13670,384],"class_list":{"0":"post-28198","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-markets","8":"tag-alphabet-class-a","9":"tag-amazon-com-inc","10":"tag-breaking-news-europe","11":"tag-business","12":"tag-business-news","13":"tag-cac-40-index","14":"tag-china","15":"tag-commerzbank-ag","16":"tag-dax","17":"tag-deutsche-bank-ag","18":"tag-donald-trump","19":"tag-economic-events","20":"tag-economy","21":"tag-eire","22":"tag-france","23":"tag-francois-bayrou","24":"tag-ftse-100","25":"tag-ftse-mib","26":"tag-germany","27":"tag-goldman-sachs-group-inc","28":"tag-ie","29":"tag-ireland","30":"tag-italy","31":"tag-jde-peets-nv","32":"tag-jerome-powell","33":"tag-keurig-dr-pepper-inc","34":"tag-markets","35":"tag-meta-platforms-inc","36":"tag-microsoft-corp","37":"tag-nasdaq-100-index","38":"tag-nvidia-corp","39":"tag-pernod-ricard-sa","40":"tag-puma-se","41":"tag-rhode-island","42":"tag-sp-500-index","43":"tag-stoxx-600","44":"tag-tesla-inc","45":"tag-united-states"},"share_on_mastodon":{"url":"","error":""},"_links":{"self":[{"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/posts\/28198","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/comments?post=28198"}],"version-history":[{"count":0,"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/posts\/28198\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/media\/28199"}],"wp:attachment":[{"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/media?parent=28198"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/categories?post=28198"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/tags?post=28198"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}