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Porsche AG's Stock Plummets 7% Amidst Sharply Lowered 2025 Financial Forecasts

Porsche AG's shares dropped over 7% after reporting a 44% fall in Q1 profit and cutting its 2025 revenue and return on sales forecasts, signaling potential financial challenges ahe...

Market

US Stock Futures Climb as Investors Eye Key Economic Data and Earnings Reports

US stock futures advanced as investors awaited crucial economic data and earnings reports from major companies. Early trading showed gains across major indices, with the euro dippi...

Market

Oil Prices Dip Over 1.5% Amid Reports of Progress in Gaza Ceasefire Negotiations

Oil futures dropped over 1.5% as Qatari Prime Minister noted progress in Gaza ceasefire talks, with WTI and Brent prices falling to $61.06 and $64.72 per barrel respectively. An Is...

Market

Investors Shift Focus: Gold Prices Dip 1% as Stock Market Gains Attention

Gold prices fell by 1.07% as investors turned their attention to the stock market ahead of major earnings reports. Palladium also decreased, while silver and platinum saw slight in...

Market

Asian Markets Show Resilience Amid Global Earnings Focus and US Tariff Concerns

Asian-Pacific markets mostly climbed as investors worldwide turned their attention to corporate earnings and the effects of US tariffs. Hong Kong, China, South Korea, and Australia...

Market

European Markets Show Mixed Signals in Premarket Amid Key Earnings Reports and Economic Data

European equities showed mixed trends in premarket trading, influenced by earnings reports from Deutsche Bank, Lufthansa, Novartis, and Adidas, alongside anticipation for economic ...

Market

European Markets Rally Early as Major Companies Report Earnings and Economic Data Shows Promise

European stock markets opened higher on Tuesday, driven by positive earnings reports from major companies like Porsche and AstraZeneca, and improved economic indicators including G...

Market

Porsche's Stock Plummets 7% as Q1 Earnings Disappoint and 2025 Forecast Slashed

Porsche AG shares dropped over 7% after reporting a 44% fall in Q1 profit and cutting its 2025 revenue and return on sales forecasts, raising concerns about its financial outlook.