European stocks may face heavy selling pressure on Friday as a sell-off in chipmakers intensified after Taiwan Semiconductor Manufacturing massively hiked its capital expenditures for 2026.
Adding to investor anxiety, Netflix forecast third-quarter revenue and earnings that fell short of Wall Street estimates. SpaceX called off Thursday’s Starship mega rocket launch at the last minute after some of the engines failed to ignite.
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Market Analysis
European Shares Seen Lower Amid Rising AI Concerns
2026-07-17 05:47:04
