European markets set for a soft open as investors await Nvidia earnings

Market Overview - European stocks are expected to open softly, with the U.K.'s FTSE index flat, Germany's DAX down 0.2%, France's CAC 40 down 0.11%, and Italy's FTSE MIB slightly higher [1] - Global markets are experiencing tension due to concerns over AI-related tech stocks and their valuations [2] Company Focus: Nvidia - Analysts anticipate Nvidia will significantly exceed Wall Street's expectations and forecast strong sales growth, driven by demand for its AI chips and infrastructure [3] - There is pressure on Nvidia to meet high investor expectations, as recent profit-taking in tech holdings reflects concerns that the AI boom has inflated valuations for Nvidia and other tech hyperscalers [3] Economic Indicators - U.K. inflation data for October is scheduled for release, alongside earnings reports from Sage Group, Severn Trent, and Smiths Group [4]