European markets may open lower on Friday, with technology stocks likely to come under selling pressure, after Apple, Amazon and Google-parent Alphabet all reported earnings that disappointed Wall Street.
Apple reported its worst holiday performance in four years, Amazon reported its least profitable holiday quarter since 2014 and Alphabet posted fourth-quarter revenue that fell below analysts' estimates.
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Business News
May 08, 2026 15:50 ET Manufacturing and services sector survey results and labor market data from main economies were the highlight on the economics news front this week. Factory orders and jobs report dominated the news flow in the U.S. Similarly, industrial production data from German garnered attention in Europe. In Asia, purchasing managers’ survey results from China and the central bank decision from Australia were in focus.