European stocks are seen opening lower on Thursday as investors react to mixed earnings results from U.S. megacap companies and fret over rising borrowing costs amid signs the conflict in the Middle East will not be resolved quickly.

Tesla reported lower third-quarter profits and cut its annual capital expenditure forecast by a fifth.

Meta beat investor expectations for third-quarter revenue and boosted its bet on AI with spending outlook, but profits took a hit due to an $18 billion legal settlement with nearly all U.S. states.

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European Shares On Track For Tepid Open As Houthi Attacks Escalate

2026-10-22 05:50:52

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