European Shares Poised Higher as Tech Earnings, Qatar-Pakistan Peace Proposal Lift Sentiment

European stocks may open higher Wednesday, with technology shares in focus after strong earnings from SpaceX and Super Micro Computer. Investors await third-quarter results from Tesla, Meta Platforms and IBM later today, seeking details on AI investment returns and 2027 capital expenditure plans. Netflix lowered fourth-quarter 2026 revenue and full-year advertising sales guidance despite beating bottom-line estimates in the third quarter. A new peace proposal from Qatar and Pakistan has drawn positive responses from Washington and Tehran, raising hopes for a breakthrough to halt the U.S.-Iran war possibly this week. Brent crude rose over 1 percent to trade above $110 a barrel. Gold held at $4,120 an ounce as Fed tightening expectations eased, and the dollar slipped to a three-week low. Asian markets gained broadly, with South Korea's Kospi up nearly 3 percent and Japan's Nikkei up about 1 percent. The STOXX 600 fell 0.1 percent Tuesday, the DAX was marginally lower, the CAC 40 shed 0.4 percent and the FTSE 100 eased 0.3 percent.