India, Feb. 5 -- European stocks may open on a sluggish note Wednesday as investors react to downbeat earnings updates from Google parent Alphabet and AMD.
Alphabet's cloud sales narrowly missed Wall Street's estimates. Also, the internet giant projected $75 billion in 2025 capital expenditures, far exceeding the $57.9 billion that analysts expected.
Meanwhile, chipmaker AMD offered disappointing outlook on AI growth after reporting weaker-than-expected data center sales.
Burrito chain Chipotle met Street expectations for earnings but gave somewhat lackluster 2025 guidance.
Disney, Uber and Yum! Brands are among the prominent companies due to report their quarterly results before the U.S. opening bell.
Traders are also likely to assess...