European shares slide as Apple margin warning trigger global tech rout

Investing.com - European shares dropped on Tuesday, succumbing to a worldwide sell-off across technology bourses after Apple warned of margin compression from rising chip costs, while a $20 billion capital raise by Oracle reignited investor anxiety over artificial intelligence funding and cash burn. Still guessing which stocks will beat the market? Our AI portfolio updates monthly and is outperforming the S&P 500 by 118%. See this month's list » The pan-European STOXX 600 index fell 0.7%, while Germany's DAX fell nearly 1%. France's CAC 40 fell 0.5% while London's FTSE 100 fell 0.4%. Italy's FTSE MIB and Spain's IBEX 35 dropped over 1% each.