European stocks surge amid fallout from Nvidia CEO Jensen Huang's departure
NVDA NVIDIA Corp
$162.85 -2.01%
View chart & analysis → - 1Nvidia CEO Jensen Huang has stepped down.
- 2STOXX 600 companies are projected to record a 25% quarterly earnings growth rate.
- 3The STOXX has risen more than 4% over the past two months.
So what's the key point?
Even though the leader of Nvidia has stepped down, profits for European companies are expected to increase by 25%. As a result, the European stock market has risen more than 4% over the last two months.
Source Reuters · View original ↗
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