April 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 […]
Read moreApril 29, 2025 8:53 am
Key Moments: BAWAG’s (BG:) pre-provision profits for Q1 amounted to €336 million, while the cost-income ratio in the first quarter hit 37%. Meanwhile, the company’s net profit reached €201 million. The bank reaffirmed its full-year 2025 guidance and mid-term goals outlined on March 4th, 2025. BAWAG’s stock enjoyed a surge to €96.15 on Tuesday. Strong […]
Read moreApril 29, 2025 8:01 am
Key Moments: MedCap AB reported a 7% increase in net sales for Q1 2025, reaching SEK 493.8 million. The EBITA margin recovered to 17% despite a 6% drop in EBITA. Assistive Tech drove growth with a 29% sales surge, while Specialty Pharma underperformed due to continued product headwinds. The company’s stock price fell on Tuesday, […]
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