Europe before the bell: Nvidia relief
NVDA•European futures and company movers
Euro STOXX 50 futures STXEc1 are up about 0.3%, while contracts on the DAX FDXc1 and CAC FCEc1 are up about 0.1% each. FTSE futures FFIc1 are down by about 0.4%.
Nvidia's results appear set to help Europe's semiconductor names at the open, while software names may also get a boost after U.S. peer Salesforce CRM.N rose sharply after hours following results.
Elsewhere, French spirits group Pernod Ricard PERP.PA reported a worse-than-expected decline in sales, while Germany's Delivery Hero DHER.DE lifted its 2026 outlook.
Nvidia earnings ease AI trade worries
Global risk sentiment has survived the Nvidia [0mNVDA.O earnings test, as the company's upbeat sales forecast soothed whatever slight worries investors may have about the rampant AI trade.
Shares in the AI bellwether rose over 5% after market after it forecast 70% sales growth next year, indicating that the AI spending boom will continue.
The results look set to provide some comfort to European stocks at the open.
