The earnings season continues to capture investors' attention, pushing aside concerns over the impact of artificial intelligence on the economy—at least until the release of tech giant Nvidia's results later tonight after the New York close.

In Paris, Seb (+13.12%) stands out as the top performer on the SBF 120 following the publication of its annual results, accompanied by a plan that could lead to up to 2 100 job cuts worldwide. Ipsos (+6.42%) is also shining, after announcing a target of 2% to 3% organic revenue growth in 2026, compared to the 0.6% recorded in 2025.

Conversely, Pernod Ricard (-3.61%) and Rémy Cointreau (-3.70%) are under pressure, weighed down by a warning from their British competitor Diageo (-6.14%). The latter has lowered its annual sales forecast for the second time in less than four months and is tumbling 6%.

Edenred is down more than 5% after acknowledging the decision of the president of the Brazilian federal court regarding the meal and food voucher system.

Bic (-7.34%) is being punished after its results, while ADP is down 5% following Vinci's announcement of a €500 million bond issue exchangeable for existing ordinary shares of the airport operator.

Elsewhere, the banking sector is performing well, riding the wave of HSBC's (+5%) results, which were well received in London. Société Générale, BNP Paribas, and Crédit Agricole SA are up by 2.08%, 2.05%, and 1.76%, respectively.

Eurozone Inflation Slows

 On the data front, the German economy grew by 0.3% in the fourth quarter of 2025, driven by consumption, public spending, and construction, according to detailed figures confirming the estimate published at the end of January.

Meanwhile, inflation in the eurozone slowed to 1.7% year-on-year in January, its lowest level since September 2024, down from 2% in December, according to final figures from Eurostat. This decline, in line with initial estimates, supports the scenario of the European Central Bank (ECB) maintaining its rates.

On the currency markets, the euro is up 0.07% at 1.1781 USD. Brent crude, meanwhile, is down 0.57%.