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European Shares Set For Cautious Open As Broadcom's AI Forecast Disappoints

By RTTNews Staff Writer   ✉  | Published:  | Google News Follow Us  | Join Us

European stocks are seen opening lower on Thursday, with tech stocks likely to be in focus after Broadcom delivered a disappointing forecast for artificial intelligence chip revenue, raising fresh concerns about the durability of the artificial-intelligence rally that has driven global equities to record highs in recent weeks.

As inflation and rate concerns mount, traders may also keep a close eye on the latest Middle East developments and oil price movements.

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