gave European stock exchanges The opening is expected to fall sharply, with Eurostox 70 futures down 0.70 percent, after the chip maker Asml Lowered its annual sales forecast. The stock lost 16% on the Amsterdam Stock Exchange. CEO Christophe Fouquet said: “We expect total sales to increase in 2025. Between 30 and 35 billion Euro, i.e. at the lower end of the range mentioned earlier. To illustrate just how deep a fall this could be, artificial intelligence chip giant Nvidia fell 4.5%, wiping about $158 billion off its market capitalization.
In Piazza Affari, the spotlight is on banks and insurance companies, given that the government plans to raise 3.5 billion euros from these sectors in the 2025 budget. Pay attention to this as well Stm, Affected by the profit warning of Asml In the luxury sector, focus Ferragamo, which recorded revenue of 744 million euros in the first nine months of 2024 9.8% At constant exchange rates and 11.9% at current exchange rates over the same period in 2023. In the third quarter, revenues fell to 221 million euros, down 7.2% at constant exchange rates and 9.6% at current exchange rates.
