Tesla's EU Sales Slump Again
Sales plunged for the third consecutive month, a setback for Elon Musk's EV maker even as demand for battery-electric vehicles grew in the bloc.
Gucci Owner Kering Logs Weak Sales as Slowdown in Luxury Spending Persists
After years of strong results fueled by a rise in demand for luxury goods after the pandemic, customers dialed back on spending amid inflation and high interest rates.
SK Hynix Posts Strong First Quarter Earnings on AI Chip Demand
The South Korean memory chip maker posted stronger-than-expected earnings for the first quarter on brisk demand for artificial-intelligence chips amid uncertainty about sweeping U.S. tariffs.
Ray-Ban Maker EssilorLuxottica to Implement Measures to Mitigate U.S. Tariffs
Ray-Ban maker EssilorLuxottica said it is implementing measures to manage the impact of U.S. tariffs on imported goods, but noted that the year started with a sound pace of growth despite the challenging landscape.
Adidas Posts Better-Than-Expected Results Despite Tariff Threat
Operating profit rose to EUR610 million from EUR336 million previously, the German sporting-goods company said.
Airline Stocks Have Hit Turbulence. These Earnings Could Show What's Next.
The flight path for U.S. airline stocks is very much up in the air.
Shingles Vaccine Appears to Lower Dementia Risk
Zostavax and Shingrix are linked to protection for older adults in multiple studies.
Chipotle is latest to raise the alarm about spending slowdown
Chipotle's same-restaurant sales headed south in the first quarter, dashing Wall Street hopes of growth above 1%.
Whirlpool Sales Slide as Tariff Fears Hit Results
Whirlpool sales dropped in the latest quarter, with business taking a hit as tariffs prompted Asia-based appliance manufacturers to ramp up shipments into the U.S. and put a chill on its business in Canada and Europe.
IBM Set to Benefit From Focus on AI, Automation as Clients Seek Efficiency in Uncertain Economy, CFO Says
For the second-quarter, IBM guided for sales between $16.4 billion and $16.75 billion, ahead of the $16.31 billion expected by analysts.
(END) Dow Jones Newswires
April 24, 2025 01:00 ET (05:00 GMT)
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