Sportswear giant Adidas drops 8% after profit guidance disappoints
The logo of Adidas is seen on a Gazelle sneaker for sale at a shop in Berlin, Germany, May 2,
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Europe Earnings
Swiss sneaker maker plunges 14% on weak guidance, slower than expected 2026 growth
The Roger models, named after former tennis player and company investor Roger Federer, are displayed in a shop of Swiss
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Jeep maker Stellantis posts first annual loss in company history after EV write-downs
Antonio Filosa attends the presentation of the new Fiat 500 Hybrid at the Stellantis FIAT Mirafiori plant in Turin, Italy,
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Rolls-Royce raises outlook, plans up to $12 billion share buyback as engine demand boosts
Rolls-Royce said Thursday it expects profits of over £4 billion ($5.42 billion) this year as the aero engine and power
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Nestle plans sale of ice cream business as fourth-quarter sales growth beats estimates
Nestle shares rose 3% Thursday after the maker of Nescafé and KitKat reported organic sales growth for the fourth quarter
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Mercedes hit by $1.2 billion in tariff costs as full-year earnings more than halve
The Mercedes star, the brand logo of the vehicle manufacturer Mercedes-Benz, rotates on a building of a Mercedes-Benz car dealership.
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SoftBank books $4.2 billion gain on OpenAI bet, boosting its Vision Fund
SoftBank CEO Masayoshi Son and OpenAI CEO Sam Altman attend an event to pitch AI for businesses in Tokyo, Japan
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Adyen shares plummet after payments giant posts weak revenue growth outlook
Dutch payments giant Adyen’s stock fell as much as 20% after it posted net revenue guidance and payment processing volume
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Heineken to slash up to 6,000 jobs in AI ‘productivity savings’ amid slump in beer sales
Dutch brewer Heineken is planning to lay off up to up to 7% of its workforce, as it looks to
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French software maker Dassault Systèmes plunges 18%, on track for worst day ever
HANGZHOU, CHINA – JUNE 14, 2024 – A guest walks past the logo of the 2024 Dassault Systemes Automotive and
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