European shares slide as AI concerns weigh on technology and financial stocks

European shares fell Wednesday as AI disruption fears hit tech and financial firms. Investors now await a key US jobs report to gauge future interest rate cuts.

Insights:
European equity markets retreated on February 11, 2026, as the pan-European STOXX 600 index moved lower following a sharp sell-off in the technology and financial sectors. This downturn was primarily driven by persisting investor worries that recently released artificial intelligence models and tools could shrink profit margins for traditional software businesses. The technology sector specifically fell by 1.8% during the session, reflecting a broader anxiety about the long-term viability of established software pricing models in the face of rapid AI advancement.
The German share price index DAX graph is pictured at the stock exchange in Frankfurt, Germany, January 22, 2026. REUTERS/staff
The German share price index DAX graph is pictured at the stock exchange in Frankfurt, Germany, January 22, 2026. REUTERS/staff
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