Markets fall after Nvidia report, European inflation in focus, company news
Market reviews
• Markets are falling in Asia and Europe this morning as AI darling Nvidia defied expectations from investors who were unhappy with its profits, revenue and prospects, beating Wall Street. Nvidia shares have surged more than 150% this year on insatiable demand for generative AI, so a 7% after-hours drop in its shares could prove another reason to buy shares of the world's second-most valuable company.
• Shares of Taiwan-listed chipmaker TSMC fell 2%, Nasdaq futures fell 0.7% and Europe was set for a lower open, with EUROSTOXX 50 futures down 0.2%.
• Germany and Spain...