Top Midday Stories: Stellantis Reports $2.68 Billion H1 Loss; Verizon Raises Floor on Full-Year EPS Guidance

MT Newswires Live
2025/07/21

All three major US stock indexes were up in late-morning trading on Monday as investors look ahead to a week of consequential earnings reports from some of the largest publicly traded companies.

In company news, Stellantis (STLA) reported a preliminary H1 loss on Monday of 2.30 billion euros ($2.68 billion). Vehicle shipments for the three months ending June 30 fell 6% year over year to 1.4 million units amid US tariff-related production delays and European product transitions, the automaker said. The company is in the early stages of improving profitability, with new vehicle launches expected to drive better results in H2, it said. Stellantis shares were up about 2.6% around midday.

Verizon Communications (VZ) reported Q2 adjusted earnings Monday of $1.22 per share, up from $1.15 a year earlier and above the FactSet consensus analyst estimate of $1.19. Second-quarter operating revenue was $34.50 billion, up from $32.80 billion a year ago and above the FactSet consensus of $33.74 billion. The company said it now expects full-year adjusted EPS growth of 1% to 3%, up from its prior outlook of zero to 3% growth. Verizon shares were up 4.5%.

Ryanair (RYAAY) said it expects Boeing (BA) to deliver its new aircraft at an agreed fixed price and bear any additional tariff-related costs, Bloomberg reported Monday, citing an interview with Ryanair Chief Financial Officer Neil Sorahan. The airline could stop accepting deliveries of new jets until the tariff situation is resolved, Sorahan told Bloomberg. Ryanair has 29 orders for Boeing B737-8200 airplanes still outstanding, according to the report. Ryanair shares were up 5.4%, while those of Boeing were up 1.2%.

Microsoft (MSFT) issued an alert about "active attacks" on its server software and recommended its clients install new security updates "immediately," its Security Response Center said Saturday. Microsoft shares were up 0.1%.

Domino's Pizza (DPZ) reported fiscal Q2 earnings Monday of $3.81 per diluted share, down from $4.03 a year earlier and below the FactSet consensus estimate of $3.93. Fiscal Q2 revenue was $1.15 billion, up from $1.1 billion a year ago and matching the FactSet consensus estimate. Shares of Domino's were up 0.4%.

CoreWeave (CRWV) said Monday it plans to offer $1.5 billion of senior notes due 2031 in a private offering. The company intends to use the proceeds of the bond sale for general corporate purposes, including repaying existing debt and covering fees and expenses related to the offering. CoreWeave shares were up about 7%.

Price: 9.41, Change: +0.21, Percent Change: +2.28

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