While European stock markets followed a mixed course with the news flow regarding geopolitical developments and company balance sheets announced in the region, investors’ focus turned to the meeting between the US and Iranian delegations.
As of 11:50 in European markets, the Stoxx Europe 600 indicator index is trading horizontally at 633.6 points, and the FTSE 100 index in the UK is trading at 10,820 points, with an increase of 0.1 percent.
In France, the CAC 40 is trading at 8,592 points, gaining 0.4 percent, in Italy, the FTSE MIB 30 index is trading at 47,233 points, with a 0.1 percent increase, in Spain, the IBEX 35 index is trading at 18,439 points, with a 0.1 percent decrease, and in Germany, the DAX 40 index is trading at 25,122 points, with a 0.2 percent loss of value.
While evaluations of the economic outlook of countries around the world and geopolitical risks continue, signals regarding the future of artificial intelligence and technology and company balance sheets announced in the Eurozone continue to have an impact on pricing.
The negotiation process between Iran and the USA continues to remain in the focus of the markets. The third round of nuclear negotiations between Iran and the USA, mediated by Oman, started in Geneva, Switzerland.
Speaking before the meeting, US Vice President JD Vance stated that Iran will not be allowed to produce nuclear weapons and that their priority is diplomacy, but if the negotiation process does not yield results, other options are on the table.
However, on the corporate side, company balance sheets maintain their place in the focus of investors.
In this period when questions about artificial intelligence continue, US chip giant Nvidia’s balance sheet exceeding expectations revealed that demand in this field continues. The fact that the main engine of Nvidia’s income is sales from the data center department indicates that the artificial intelligence investments of major technology companies may increase further.
While Nvidia maintains its position as a strong infrastructure supplier in the field of artificial intelligence, the company’s revenue increased by 73 percent on an annual basis in the 3-month period, reaching 68.1 billion dollars, exceeding market expectations. Nvidia’s net profit increased by 94 percent annually in the quarter in question, reaching $42.96 billion.
France-based automotive manufacturer Stellantis announced its first major annual loss in its history due to the revisions it made to its electric vehicle strategy. The company reported a net loss of 20.1 billion euros in the second half of 2025 after recording an impairment of approximately 22.2 billion euros due to scaling back its electric vehicle plans.
Germany-based telecommunications company Deutsche Telekom presented a complex outlook in its fourth quarter financials. Although the company’s main operating profitability was slightly above expectations, some items weakened, and the limited revenue contraction, especially in German operations, put pressure on the results.
France-based energy management and automation company Schneider Electric broke a record by exceeding 40 billion euros in annual revenue for the first time. Triple-digit growth in demand for equipment for data centers supported the strong fourth-quarter performance, while the company noted accelerating investments in North America and Asia-Pacific.
Germany-based sportswear manufacturer Puma predicted an operating loss for the current year due to the impact of weak demand and restructuring expenses. The company stated that the operational result could be negative in the range of approximately 50 million to 150 million euros.
France-based insurance company AXA performed in line with analyst expectations in its 2025 full-year financials. The company’s underlying earnings per share rose nearly 8 percent year over year, indicating steady operational growth.
Analysts stated that geopolitical and political developments in the region will be monitored for the rest of the day, and noted that weekly unemployment benefit applications in the USA, consumer confidence index and economic confidence index in the Eurozone will be monitored.
