European Stocks Rally to Record Highs on Strong Earnings

2026-02-26 14:45 By Joana Ferreira 1 min. read

European equities climbed to fresh record levels on Thursday afternoon, fueled by a wave of stronger-than-expected corporate earnings and renewed optimism around artificial intelligence after upbeat forecasts from Nvidia.

The Euro Stoxx 50 rose 0.3% to 6,190, while the broader STOXX Europe 600 edged up to 634.

Among individual stocks, Indra surged 18% after reporting better-than-expected 2025 results.

Engie jumped 7.3% on plans to acquire UK Power Networks, while LSEG climbed 7.6% after announcing an additional £3 billion share buyback amid pressure from Elliott Investment Management.

Other notable gainers included Rolls-Royce (+4.6%), Puma (+6.2%), Schneider Electric (+4.6%), and Clariant (+6%), all supported by solid results.

Stellantis reversed earlier losses to jump 6.8%, even after reporting its first-ever annual loss.

Deutsche Telekom fell 1% despite posting core profit above forecasts and Allianz slipped 0.3% after issuing 2026 guidance that fell short of market expectations.



News Stream
European Stocks Rally to Record Highs on Strong Earnings
European equities climbed to fresh record levels on Thursday afternoon, fueled by a wave of stronger-than-expected corporate earnings and renewed optimism around artificial intelligence after upbeat forecasts from Nvidia. The Euro Stoxx 50 rose 0.3% to 6,190, while the broader STOXX Europe 600 edged up to 634. Among individual stocks, Indra surged 18% after reporting better-than-expected 2025 results. Engie jumped 7.3% on plans to acquire UK Power Networks, while LSEG climbed 7.6% after announcing an additional £3 billion share buyback amid pressure from Elliott Investment Management. Other notable gainers included Rolls-Royce (+4.6%), Puma (+6.2%), Schneider Electric (+4.6%), and Clariant (+6%), all supported by solid results. Stellantis reversed earlier losses to jump 6.8%, even after reporting its first-ever annual loss. Deutsche Telekom fell 1% despite posting core profit above forecasts and Allianz slipped 0.3% after issuing 2026 guidance that fell short of market expectations.
2026-02-26
European Stocks Steady Near Records as Earnings in Focus
European stocks were little changed near record highs on Thursday as investors digested a fresh wave of corporate earnings. The Euro Stoxx 50 added 0.2% to 6,185, while the broader STOXX Europe 600 was flat at 633. Among notable movers, Engie surged 7% after announcing plans to acquire 100% of UK Power Networks, and LSEG climbed 5.9% on an additional £3 billion share buyback amid pressure from Elliott Investment Management. Rolls-Royce jumped 6% after raising its profit outlook and announcing up to a $12 billion share buyback, while Puma gained 4% on stronger-than-expected results, despite canceling its dividend and forecasting another loss this year. Schneider Electric, Eni, Deutsche Telekom, and Clariant also posted gains after upbeat results. In contrast, Stellantis fell 1% after reporting its first-ever annual loss, driven by €25.4 billion in write-downs as it scaled back its electric vehicle strategy, and Allianz slipped 0.9% after issuing 2026 guidance below forecasts.
2026-02-26
European Stocks Set for Lower Open
European equity markets were on track to open lower on Thursday as investors balanced lingering concerns about an overheating AI trade, while upbeat earnings from Nvidia drew only a muted market reaction. Trade-related uncertainty also weighed on sentiment after US Trade Representative Jamieson Greer said US tariff rates for certain countries could rise to 15% or higher from the newly imposed 10%, without offering further details. Meanwhile, market participants awaited the latest round of US-Iran nuclear talks in Geneva later today, keeping a cautious tone across regional bourses. On the macro front, traders will monitor consumer and business confidence data from the Eurozone and Italy for fresh signals on economic momentum. In corporate news, earnings releases are scheduled from Allianz, Deutsche Telekom, AXA, Munich Re and Eni, among others. Euro Stoxx 50 futures were down 0.2% in premarket trading.
2026-02-26