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European markets close higher after earnings deluge; Delivery Hero up 19% - TL;DR CNBC

European markets close higher after earnings deluge; Delivery Hero up 19%

Publishing timestamp: 2024-02-14 11:54:09


Summary

European markets closed higher as investors assessed corporate earnings and inflation prints. Tech stocks led gains, while mining stocks fell. U.K. inflation held steady, and the U.S. reported higher-than-expected inflation. Earnings reports from major European businesses were released. Delivery Hero shares rose after reporting strong revenues. TUI shareholders voted to list solely in Frankfurt. The value of Bitcoin rose above $1 trillion. Goldman Sachs estimates that post-Brexit Britain has underperformed other advanced economies. Earnings reports drove individual share price movements, with Delivery Hero, Coca-Cola Hellenic Bottling Co., and Capgemini performing well, while Heineken and Thyssenkrupp faced declines. Sony cut its sales forecast for the PlayStation 5.


Sentiment: MIXED

Tickers: CAP-FRTUI1-DETKA-DE.FCHICCH-GBHEIA-NL.IXIC.SPXDHER-FF6758.T-JPDHER-DE1211-HK.GDAXILSEG-GB.DJITSLA.STOXXBTC.CM=.FTSE

Keywords: ftse 100breaking news: marketslondonpricesmarketsunited statesdelivery hero seheineken nvworld marketsdaxcapgemini secoca cola hbc agbanksbondsstoxx 600thyssenkrupp agcac 40 indexeconomic eventsbusiness newswall streettui ag

Source: https://www.cnbc.com/2024/02/14/european-markets-open-to-close-earnings-data-and-news.html


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