India, May 29 -- European stocks may open on a buoyant note Thursday as chip giant Nvidia reported better-than-expected earnings and revenue, and a U.S. federal court blocked President Donald Trump's attempt to impose sweeping tariffs under emergency powers, dealing a blow to a key part of his economic agenda.
Nvidia Chief Executive Officer Jensen Huang soothed investor fears about a China slowdown and said that the AI computing market is still poised for "exponential growth."
In contrast, computer and printer maker HP cut its annual profit forecast, citing increasing tariff costs and rising macroeconomic uncertainties.
On the tariff front, a three-judge panel at the U.S. Court of International Trade ruled that the worldwide and retaliat...