Tag: Europe Earnings
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Jeep maker Stellantis swings to profit on rising demand in North America; shares fall 5%
Auto giant Stellantis on Thursday swung to profit in the second quarter, boosted by rising demand in North America.
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Rolls-Royce jumps 4% as it sees boost from both the defense boom and AI data center buildout
Orders in the company’s data center power business grew more than 50% in the first half of the year.
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Shell posts best quarterly profit in four years as Iran war boosts oil and gas prices
The bumper result comes as energy majors receive a profit boost from soaring fossil fuel prices amid the Iran war.
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Volkswagen profits slump as it flags full-year revenue squeeze ahead of restructuring
German auto giant Volkswagen on Friday reported weaker-than-expected second-quarter profit and revised down its sales forecast for 2026.
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Ozempic face? Botox maker reports boost from ‘sagging face’ trend
The aestetics company hope increased GLP-1 use will fuel demand for treatments addressing facial volume loss, sometimes dubbed “Ozempic face.”
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Defense boom lifts European stocks amid strong earnings; Dassault pops 8%
The continent’s defense upcycle translated into another quarter of higher revenue and swelling order books.
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Ryanair profit slumps 34% as airlines brace for a ‘difficult winter’ amid Middle East crisis
Ryanair’s first-quarter profit took a 34% hit as consumers delayed bookings due to the Middle East crisis, while struggling airlines face a “difficult winter.”
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Sweden’s Saab posts record orders as fighter jet maker cashes in on higher defense spending
European governments ramp up defense spending and book orders with the region’s companies.
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ASML hikes sales forecast for second time this year on strong AI chip demand
ASML on Wednesday raised its guidance for a second time this year as its customers continue to ramp up their production capacity of AI chips.
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