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Tag: Shares

15Feb

L’Oréal Shares Seen 5–7% Lower After Q4 Sales Miss

Traders called L'Oreal shares to open between 5% and 7% lower on Friday, after the French beauty major's fourth-quarter sales slightly missed analysts' forecasts. The Paris-based owner of Maybelline, whose…
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29Jan

Honeywell shares jump 4.5% on strong Q4 aerospace-led results

Honeywell reported a rise in fourth-quarter ​revenue and profit on Thursday, buoyed by continued strength in its ‌aerospace unit and related aftermarket services, sending the industrial giant's shares up 4.5%.…
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23Jan

Intel misses forecast as AI server chip demand outpaces supply, shares plunge 13%

Intel said on Thursday it struggled to satisfy demand for its server chips used in AI data centers, and forecast quarterly revenue and profit below market ​estimates, sending shares down…
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21Jan

SAP shares hit August 2024 low, $130B wiped off since peak

Milan: Shares in Germany's SAP extended a months-long downtrend on Wednesday, falling to their lowest since August 2024 and bringing the loss in market value since last year's record high…
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19Jan

Powerchip shares jump 10% as Micron buys fab plant

Taipei: Shares of Taiwan's Powerchip Semiconductor Manufacturing ‌Corp rose nearly 10% on Monday, after U.S. memory chipmaker Micron Technology said it would buy a fabrication plant from the company. Micron…
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13Jan

Orsted shares jump 6% as US court clears Revolution Wind project

Orsted shares jumped 6% on Tuesday after a U.S. court cleared the Danish offshore wind developer to resume work on its nearly completed Revolution Wind project, easing fears of multibillion-dollar…
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24Dec

Nike shares jump after Apple CEO Tim Cook buys $3 million stake

Nike shares ticked up 2% in premarket trading on Wednesday after Apple CEO Tim Cook bought nearly $3 million worth of the sportswear maker's stock. Cook, who has served on Nike's…
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18Dec

Andersen Group shares surge 31% on NYSE debut, valuing firm at $2.3 billion

Andersen Group's shares jumped about 31% in their debut on the NYSE on Wednesday, valuing the tax advisory firm at $2.3 billion, and CEO Mark Vorsatz said the listing gives…
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06Dec

Philips Shares Drop Over 6% After Analyst Flags Growth Concerns

Shares of Philips fell over 6% on Thursday, making it the worst performer on Amsterdam's AEX index, after an analyst note raised concerns about its growth trajectory. The sharp decline,…
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