European Stocks Slip as Apple Results Mix With Weak Company Guidance
The STOXX 600 fell 0.6% after Apple's mixed earnings and cut forecasts from TeamViewer, Zalando and Schaeffler, according to TradingView.
- published on Newsmetry
- original source published
the same feed is available to bots and dashboards through the api. connect the api →
what happened
European stock markets mostly declined on Tuesday, giving back the gains of the previous session, TradingView reported, citing dpa-AFX. The selling followed a mixed earnings report from Apple: revenue and profit rose, but its gross margin forecast for the current quarter came in slightly below consensus because of higher component costs.
The STOXX 600 lost 0.6% to 645.66, London's FTSE 100 dropped 1.1%, Germany's DAX fell 0.5% and France's CAC 40 slipped 0.3%. TeamViewer was the weakest, down 26.8% after cutting its 2026 revenue growth outlook, while Zalando fell 6.3% on weaker third-quarter gross margins. Schaeffler lost 5.2% after announcing 3,460 job cuts and the closure of five European sites. Lufthansa rose 3.9%, Bayer gained 3.6% and Philips climbed 5.1%.
why it matters
The Apple signal matters beyond one company: rising component prices are starting to squeeze margins across the hardware sector, so investors are paying closer attention to guidance rather than headline results. For the European index the picture is mixed, as strong results at some companies support shares while weak outlooks from others weigh on the market.
market impact
European equities: weak guidance and margin pressure weigh on indexes
- STOXX 600 pressure down — weak company guidance and Apple's margin warning weigh on sentiment
instruments
sources
- European Stocks Move Mostly Lower After Mixed Apple Earnings News — TradingView, 3 November 2026 at 18:43 UTC
prepared by the newsmetry newsroom with ai assistance from the sources listed below. not investment advice.
alerts on your topics, the morning digest and the api — in your account.
get stories in real time ↗