European shares slipped on Tuesday as a global sell-off in technology stocks spread to Europe, according to Investing.com. The report links the decline to an Apple warning that rising memory chip prices would compress gross margins through the holiday shopping quarter.
The pan-European STOXX 600 fell 0.3%. Germany's DAX dropped 0.6%, France's CAC 40 slipped 0.2% and London's FTSE 100 declined 0.5%.
The report says European semiconductor companies led losses. ASML, ASM International and BE Semiconductor each fell between 2% and 4%. STMicroelectronics and Infineon each fell more than 3%.
Investing.com also reports that Oracle plans to raise $20 billion through a mix of bond and share sales to fund cloud infrastructure and datacenter expansion. The report says the news revived investor concern about artificial intelligence funding and cash burn.
Some sectors rose. Lufthansa shares gained 1.6%, though the airline narrowed its full-year 2026 operating profit forecast because of higher jet fuel costs tied to Middle Eastern supply tensions. Koninklijke Philips rose 6.4% after higher quarterly profit, and Bayer gained 6.3% after beating analyst expectations and lifting its full-year outlook.
Other earnings moves were sharper. Truecaller fell 17.4% after reporting a third-quarter net loss and a cautious outlook on user growth. TeamViewer fell as much as 18% after lowering its full-year revenue growth forecast.
The report says investors were also cautious ahead of Tuesday's U.S. midterm elections and awaited Friday's October U.S. nonfarm payrolls report for clues on the Federal Reserve's December rate decision.