European stocks are seen opening a tad lower on Thursday after U.S. technology companies outlined significant capital spending plans, stoking fresh concerns about future returns on investment.
Both Alphabet and Tesla reported negative free cash flow in their quarterly earnings, causing investors to overlook their strong revenue performance.
IBM’s second-quarter 2026 results missed Wall Street expectations on both earnings and revenue. The company also lowered its full-year growth forecast, underscoring ongoing challenges despite the AI boom.
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Market Analysis
European Shares Seen Lower Amid AI Spending Concerns
2026-07-23 05:31:03
