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The pan-European STOXX 600 index was down 0.2% by 0705 GMT.
Frankfurt-listed shares of big U.S. names Netflix (ETR:NFLO) and Tesla (ETR:TSLA) fell 8.2% and 3.7% respectively, after disappointing results from both companies late on Wednesday.
Saab (ST:SAABb) climbed 3.2% after the Swedish defence group raised its organic sales growth guidance.
Volvo Cars (ST:VOLVb) dropped 6.3% after posting a 54% fall in second-quarter operating earnings though the Sweden-based automaker forecast healthy demand for its vehicles.
Electrolux (ST:ELUXb) dropped 10.7% after Europe’s biggest home appliances maker swung to a loss in the second quarter.
Technology was the biggest sectoral loser with semiconductor firm ASML Holding (NASDAQ:ASML) down 3% and extending declines after posting results on Wednesday.
