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2025.08.2816:20:30UTC+00European Stocks Close Mixec

European stocks showed a varied performance on Thursday as investors evaluated significant earnings reports from the US tech sector along with future global interest rate trends. The Eurozone's STOXX 50 edged slightly upward, closing at 5,393, while the pan-European STOXX 600 declined by 0.2% to settle at 554. Nvidia published earnings and revenue figures that modestly surpassed expectations, but also highlighted a deceleration in demand, fueling concerns that the AI-driven surge in global tech stocks may not be sustainable. European stocks tied to US chip manufacturers and AI firms exhibited mixed results; notably, ASML fell by 1% while Infineon saw an increase of 1.1%. Meanwhile, spirits producer Pernod Ricard experienced a rise of 1.4% following its second-quarter results. Additionally, automotive producers saw gains despite generally negative figures in European car registrations, with Chinese electric vehicle manufacturer BYD experiencing a notable increase.

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