European Shares Set To Open On Firm Note As AI Fears Ease
Complete. Here is the key summaryEuropean stocks are poised to open higher, driven by a tech-led rally on Wall Street. Microsoft's strong earnings and reassurance regarding AI spending demand, along with better-than-expected revenues from Apple and Amazon, have bolstered investor sentiment.
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European stocks may open higher on Friday, with underlying sentiment likely to be underpinned by a tech-led rally on Wall Street overnight after software giant Microsoft delivered a strong earnings report and reassured investors that its hefty AI spending was translating into robust demand.
U.S. stock futures ticked higher after Apple and Amazon both reported higher second-quarter revenues, beating Wall Street expectations.
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