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European stocks open sharply lower as earnings roll in; ECB set to hold rates

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European stock markets opened lower Thursday as attention remains on third-quarter earnings and government bond yields.

was down 0.8% with all sectors in the red. Auto stocks dropped 2.1% as results disappointed, while travel stocks traded 1.7% lower.

"While investor sentiment around AI is weaker of late especially following new U.S. regulations, we think global competition could make the introduction of AI to major industries a primary focus," the investment bank's analystsCNBC Pro takes a look at some of the stocks in Goldman's conviction list. They belong to two categories: those that enable AI and those empowered by AI.South Korea's Kosdaq index tumbled over 3%.

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