May 2, 2025 7:16 am
Key Moments: Shell reported $5.58 billion in Q1 adjusted earnings, exceeding the expected $4.96 billion. Refining margins fell to $6.2 per barrel from $12 a year earlier. The company announced a $3.5 billion share buyback over the next three months Shell’s stock price rose slightly to $64.96 on the NYSE during pre-market trading. Profit Surpasses […]
Read moreMay 2, 2025 6:34 am
Key Moments: Friday’s trading session witnessed Mitsubishi shed 2% of its value. Mitsubishi Corp expects a 26% decline in net profit for the fiscal year ending March, targeting 700 billion yen. Net profit for the previous fiscal year slipped 1.4% to 950.7 billion yen, falling short of analyst estimates. Weaker Outlook Tied to Lack of […]
Read moreApril 30, 2025 2:41 pm
Key Moments: Three analysts lowered their price targets for Apple (AAPL) ahead of its March earnings report. Tariff-related concerns triggered downward adjustments in future iPhone and wearable unit estimates. Apple shares slipped 1.9%, hitting $207.17. Analysts Turn Cautious on Apple Before Earnings Several analysts on Wall Street have reduced their price targets for Apple Inc […]
Read moreApril 30, 2025 9:12 am
Key Moments: Smith & Nephew shares jumped 6.33% after reporting a 1.6% year-on-year rise in Q1 revenue. Genus surged 23% after the FDA approved its gene-edited, disease-resistant pig for the US food supply. Glencore fell 4.4% following a 30% drop in copper output for the first quarter of 2025 Markets Open Firm Ahead of GDP […]
Read moreApril 30, 2025 8:17 am
Key Moments: France’s GDP increased by 0.1% in Q1, following a 0.1% decline in Q4 2024. Inventory accumulation contributed 0.5 percentage points to GDP, led by the chemicals and pharmaceutical sectors. Household spending and business investment stagnated, while trade dragged on growth. The CAC 40 Index rose 0.32% on Wednesday. Marginal Growth Amid Domestic and […]
Read moreApril 30, 2025 7:09 am
Key Moments: Starbucks reported a 40% year-over-year drop in fiscal quarterly profit. Global same-store sales declined by 1% for the quarter. Shares dropped 7% in pre-market trading following the earnings release. Disappointing Quarter Weighs on Investor Sentiment Starbucks Corporation (NASDAQ: SBUX) disappointed shareholders with its fiscal second-quarter results, pushing its stock down 7% in pre-market […]
Read moreApril 29, 2025 1:08 pm
Key Moments: Honeywell reported $2.51 in adjusted EPS for Q1, topping the $2.21 consensus estimate. The company raised the lower end of its full-year adjusted EPS guidance to $10.20. Revenue from the aerospace division surged 14% year-over-year, reaching $4.17 billion in the first quarter. Total revenue soared to $9.82 billion. On Tuesday, the company’s share […]
Read moreApril 29, 2025 12:07 pm
Key Moments: Carlsberg confirmed its full-year organic operating profit growth forecast of 1% to 5%. First-quarter global revenue climbed 17.4% to 20.12 DKK, narrowly missing expectations. Organic sales volume dropped 2.3%, while total volume jumped 14.5% following the Britvic acquisition. Tuesday saw the company’s share price fall 1.45% to 978 DKK (around $147.6). Stable Forecast […]
Read moreApril 29, 2025 11:02 am
Key Moments: Chinese authorities informed AstraZeneca of a potential $8 million fine stemming from unpaid import taxes. The company said the taxes in question appear tied to imports of its breast cancer drug Enhertu. The company’s stock fell 3.04% on Tuesday. Core earnings beat forecasts at $2.49 per share in Q1, but revenue fell short […]
Read moreApril 29, 2025 9:36 am
Key Moments: Lufthansa’s quarterly adjusted EBIT loss hit €722 million ($822.14 million), aligning with expectations. However, transatlantic demand from the US rose by approximately 25% in March. The company reaffirmed its 2025 operating target despite geopolitical uncertainties. A slight 0.67% decrease brought Lufthansa’s stock to roughly €6.5 during Tuesday’s trading. First-Quarter Financial Results Deutsche Lufthansa’s […]
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