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European software stocks opened lower today after Oracle fell in late trading as it reported a jump in spending on AI data centers and other equipment, rising outlays that are taking longer to translate into cloud revenue than investors want.
The Oracle share drop countered earlier positive sentiment across equities after Fed Chair Jerome Powell cut rates by 25 basis points, amid dissenting votes from Fed policymakers.
The Opening Trade has everything you need to know as markets open across Europe. With analysis you won’t find anywhere else, we break down the biggest stories of the day and speak to top guests who have skin in the game. Hosted by Anna Edwards and Guy Johnson. (Source: Bloomberg)
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