News, insights & commentary

Tesla the EV maker delivered 336,681 vehicles in Q1 2025, falling short of Wall Street’s 380,000 estimate. This marked Tesla’s weakest quarter since Q2 2022.

Meta Platforms, the Facebook parent, dipped after a US Senate investigative subcommittee launched a review into Meta’s attempts to enter the Chinese market. According to

PVH soared 18% after the parent company of Calvin Klein and Tommy Hilfiger reported stronger-than-expected fourth-quarter earnings and revenue. PVH posted adjusted earnings of $3.27

Johnson & Johnson shares tumbled after a US bankruptcy judge rejected the company’s proposed $10bn settlement related to lawsuits alleging its talc products caused ovarian

Canada Goose, the Canadian outerwear company, dropped more than 3% to a new 52-week low after Barclays downgraded the stock to underweight from equal weight.

Moderna, the biotech stock tumbled 8.9% after Peter Marks, the US Food and Drug Administration’s (FDA) top vaccine regulator, resigned. Marks cited misinformation and lies

TotalEnergies SE, the French energy giant, saw its US shares advance after Citi upgraded it to buy, noting that the market may be underestimating its

Perimeter Solutions, the fire retardant manufacturer, surged nearly 10% after UBS upgraded the stock from neutral to buy, highlighting its potential to benefit as wildfires

Mobileye the autonomous driving stock climbed 8.7% after Volkswagen revealed plans to collaborate with the company on advancing assisted and autonomous driving technology.

CrowdStrike the cybersecurity company gained more than 3% after BTIG upgraded the stock to buy from neutral. BTIG noted that CrowdStrike now has much better

Generac the generator manufacturer advanced over 4% after Bank of America reinstated coverage with a buy rating. The bank highlighted tailwinds from an increasing number

Visa the credit card giant gained after Coinbase reported that World Network, a crypto firm led by OpenAI CEO Sam Altman, is in discussions with

Boeing shares rose and Lockheed Martin shares dropped around 5.8% after it was reported that President Donald Trump selected Boeing instead for a next-generation fighter

Nike shares slid 5.5% after the athletic retailer warned of a sales decline in the current quarter, overshadowing a fiscal Q3 report that exceeded expectations

Tesla shares slid following the news that Chinese competitor, Zeekr, will offer an advanced driver-assistance system at no cost. Additionally, BYD, another competitor said its

Alphabet stock fell after announcing it has signed a definitive agreement to acquire cloud security startup Wiz for $32 billion in cash. This would mark

Robinhood the stock trading platform’s shares jumped 7% after announcing a new prediction markets hub within its app. The feature will allow traders to place

Tesla shares declined 5% after Mizuho lowered its price target from $515 to $430, citing concerns about weakening EV demand. Despite the downgrade, Mizuho maintained

Monday.com the cloud-based project management software stock jumped after D.A. Davidson upgraded it to buy. Analysts pointed to the stock’s recent pullback as a lucky

Sprouts Farmers Market the organic food retailer’s stock climbed following an upgrade from Deutsche Bank to buy from hold. The firm highlighted sustained same-store sales

Ulta Beauty shares climbed 12.3% after the beauty retailer posted stronger-than-expected fourth-quarter earnings. Ulta reported earnings of $8.46 per share, outperforming the $7.12 forecasted by

DocuSign the electronic signature firm’s stock soared 18% after beating expectations on both revenue and earnings, helped by last year’s introduction of its AI-powered content.

Brown-Forman, one of the largest American-owned spirits and wine companies, reported mixed results in the first half of 2024. Net sales increased modestly by 2%

Lululemon experienced strong demand in the third quarter, driven by a 49% increase in international sales, but its shares declined in extended trading due to

Target’s Q3 total revenue surpassed expectations, reaching $26.52 billion compared to the anticipated $25.24 billion, showcasing a robust sales performance. Despite a nearly 5% decline

Disney released its fiscal fourth-quarter results, revealing a blend of successes and challenges. The company’s earnings surpassed expectations, primarily fuelled by robust performances at ESPN+

Coca-Cola reported a solid set of financial results for the third quarter of 2023, beating market estimates and raising full-year guidance. this was despite the

Mastercard posted impressive Q3 results, beating analysts’ earnings estimates and meeting revenue expectations. Net revenue for the quarter totaled $6.5 billion, up 14% year-over-year. Operating

Amazon reported third-quarter results surpassing analyst expectations with earnings per share of 94 cents, well above the anticipated 58 cents, and revenue reaching $143.1 billion

JP Morgan Chase exceeded analysts’ estimates for the third quarter. This achievement was attributed to higher interest income and the merger of First Republic Bank,

Philip Morris International (PM) posted strong Q3 results, with EPS ahead of expectations but revenue slightly trailing consensus. PM’s revenue increased 13.8% to $9.14 billion

Taiwan Semiconductor Manufacturing Company (TSMC) reported a third-quarter profit that was down 25% to $6.69 billion ($6.05 billion was expected). This decline can be attributed

LVMH’s stock took a hit, plummeting 6% following the group’s unexpected sales shortfall in Q3. This signaled a potential slowdown in demand for luxury goods.

PepsiCo’s third fiscal quarter earnings and revenue surpassed analysts’ forecasts, prompting an upward revision of its full-year earnings outlook. Net sales rose by 6.7% to

Nike posted first fiscal quarter earnings with a higher-than-expected EPS of 94 cents versus the anticipated 75 cents. However, the company’s revenue of $12.94bn fell

FedEx posted fiscal Q1 earnings results that topped analyst estimates. The logistics giant reported a 27% rise in adjusted earnings to $4.55 per share, beating

Adobe’s fiscal third-quarter results exceeded Wall Street estimates on both the top and bottom lines. The company reported adjusted earnings of $4.09, topping analyst estimates

Jack Daniel’s producer, Brown-Forman, had a rare results miss compared to Q1 fiscal 2024 expectations, citing sluggish whiskey sales, supply challenges, and inventory rebuilding. Marketing

Lululemon’s fiscal second-quarter earnings topped analysts’ expectations with company reporting net income for the three-month period that ended July 30 of $341.6 m, or $2.68

Nvidia’s unstoppable growth continued this week as the semiconductor designer and major producer of graphics processors (GPUs), essential for Artificial Intelligence applications, reported an impressive

Walmart reported results for the second quarter which saw the world’s largest retailer beat sales and profit estimates. Revenue reached $161.63 billion, up 5.7%, or

Disney reported results with adjusted non-GAAP earnings per share (EPS) of $1.03, beating the expected 95 cents per share. The company incurred one-time charges and

Coca-Cola reported a solid set of results for the second quarter of 2023, with revenue of $11.97 billion, surpassing market expectations of $11.75 billion by

Mastercard reported strong second-quarter financial results. Net revenue rose 14% to $6.3 billion compared to the same period last year. When adjusted for currency fluctuations,

Mondelez International is a US-based multinational confectionary company that owns brands such as Cadbury’s, Oreo, Côte d’Or, Toblerone, Tuc, Chips Ahoy! and Halls. The company

J.P. Morgan reported a great set of results for the second quarter, beating market estimates in revenue growth, reflecting a jump of 34% to $42.4

Philip Morris International (PMI) posted Q2 results with both the top and bottom-lines beating consensus estimates. Net revenues of $9 billion increased by 10.5% on

Taiwan Semiconductor Manufacturing Company (TSMC), the world’s largest microchip maker, posted second-quarter results with revenue of NT$480.84 billion ($15.68 billion) and net income of NT$181.8

Lululemon reported strong fiscal first-quarter results, surpassing Wall Street’s estimates. Earnings per share were $2.28, beating the expected $1.98, and revenue reached $2 billion, exceeding

Target exceeded Wall Street’s earnings expectations despite sluggish sales and increased purchases of necessities by shoppers In the first quarter, Target reported earnings per share

Walmart reported a stellar set of results for the first quarter of 2024, with revenue up by 7.7% to $152.30, vs. market estimates of $148.72—an

Apple’s Q2 2023 earnings report showed a quarterly revenue of $94.8 billion, down 3% y/y, and earnings per diluted share of $1.52, unchanged y/y. Despite

Under Armour exceeded Wall Street’s expectations for quarterly revenue and earnings. Sales for the quarter jumped 8% to $1.4 billion, and the sports giant reported

Walt Disney reported earnings roughly in line with market expectations. However, Disney+ subscribers declined for the second straight quarter to 157.8 million from 161.8 million,

Johnson & Johnson reported adjusted earnings and revenue that beat expectations but lowered its sales guidance for its pharmaceutical business, causing its shares to dip.

Bank of America reported robust results for the first quarter of 2023, beating both top and bottom-line estimates of financial analysts, as a result of

Luxury brand Hermes reported strong sales growth in the first quarter of 2023, with a 23% increase in revenue at constant exchange rates and a

In Q1, LVMH, the world’s largest luxury company, saw a significant 17% y/y increase in sales, reaching €21bn. This exceeded analysts’ expectations, which were more

Lululemon Athletica released its financial results for the fourth quarter and fiscal year 2022, revealing strong results across the business driven by innovative products, guest

Nike’s Q3 financial results exceeded Wall Street’s expectations, with reported revenues increasing by 14% to $12.4 billion. The company’s success was attributed to its Consumer

Brown-Forman Corporation, owner of Jack Daniels, reported its Q3 and nine-month fiscal year 2023 financial results. Jack Daniel’s Tennessee Whiskey began in 1865 when Jack

Salesforce, the world’s leading customer relationship management software company, reported fourth-quarter results, with revenue of $8.38 billion, an increase of 14% y/y, with full-year revenue

Intuit, the global technology platform that makes TurboTax, QuickBooks, Credit Karma and Mailchimp, announced financial results for Q2 2023. Total revenue for the year was

NVIDIA, the microchip design and manufacturer, reported results for the fourth quarter of 2023, revealing a 21% decrease in revenue in comparison to the same

Coca-Cola reported their fourth quarter results, with non-GAAP EPS in line with market expectations. However, this reflected a decline in growth compared to the third

French luxury brand Hermès, famous for its pricey scarves and Birkin bags, reported impressive FY2022 results, with revenues up by 23% to €11.6bn and operating

Philip Morris International (PMI) posted Q4 results with both the top and bottom-lines beating consensus estimates. Net revenues of $8.2 billion increased by 7.5% on

PepsiCo’s Q4 2022 earnings and revenue exceeded analysts’ expectations due to higher prices for its snacks and drinks. The company posted earnings per share of

Mondelez International is a US-based multinational confectionary company that owns brands such as Cadbury’s, Oreo, Côte d’Or, Toblerone, Tuc, Chips Ahoy! and Halls. The company

Apple posted lower than expected revenue, profit and sales in its latest earnings report, marking the first y/y decline in sales since 2019. The decline

Johnson & Johnson reported a solid set of financial results, in a difficult and challenging macroeconomic environment, and has given positive guidance for 2023, reflecting

Microsoft’s total revenue for the fiscal second quarter increased by 2% y/y to $52.75 billion, the slowest rate since 2016. Revenue from Microsoft’s Intelligent Cloud

Alcoholic beverage group Diageo reported interim results for the six months ended 31 December 2022, with organic net sales increasing 9.4% to £9.4 billion. The

Bank of America reported a solid set of results, with a beat on both top and bottom lines. Fourth quarter results were buoyed by rising

Goldman Sachs reported its biggest earnings miss in 10 years as profits slumped 66% y/y to $1.33 billion, or $3.32 per share, about 39% below

The world’s largest contract manufacturer of microchips saw fourth quarter revenue increase 42.8% y/y to NT$625.5b (US$19.93 bn), missing analyst estimates of NT$636bn for the

Brown–Forman Corporation, the US-based alcohol beverage producer, reported robust results for for Q2 and H1 of fiscal 2023. For the quarter, reported net sales increased

Shares of the athletic apparel company Lululemon fell in extended trade, after it provided weaker-than-expected fourth quarter guidance, despite topping earnings estimates in the most

Intuit, the global technology platform that makes TurboTax, QuickBooks, Credit Karma and Mailchimp, announced financial results for Q1 2023. Total revenue for the year was

Cosmetics and Fragrance company Ulta Beauty topped earnings and sales estimates, and boosted its guidance as shoppers continued to purchase beauty products despite higher prices.

Nvidia posted fiscal third quarter results which saw sales beat analyst estimates but earnings came in lower than expected. Revenue fell 17% year-over-year to $5.93

Walmart results for the third quarter showed that the group was gaining market share, despite a challenging consumer operating environment. It also believes that it

Q2 2022 The design and audio software maker Adobe reported a better-than-expected set of results for the fiscal second quarter of 2022. Shares fell after

FY 2022 Brown–Forman Corporation, the U.S.-based alcohol beverage producer, reported robust results for the 2022 fiscal year. Net sales for the fiscal year grew 14%

Q1 2022 The athleisure- and sports-apparel-maker, Lululemon, reported first quarter fiscal results for 2022. The company beat estimates on both the top and bottom lines,

Q1 2023 Semi-conductor company Nvidia reported results for the first fiscal quarter of 2023. Revenue was up 46% annually to R8.3 bn as demand for

Q3 2022 Intuit the global technology platform that makes TurboTax, QuickBooks, Credit Karma and the recently acquired Mailchimp announced financial results for Q3 2022 earlier

Q3 2022 Cybersecurity firm Palo Alto Networks reported better-than-expected results on greater demand for network security hardware and online security solutions. Total revenue for the

Q1 2023 Walmart released a disappointing set of results, with the big box retailer facing major headwinds in the form of higher product and fuel

Q1 2022 Berkshire Hathaway’s energy investments are an integral part of its top four asset business operations – which is comprised of railways, insurances and

Q2 2022 Walt Disney, the house of (Mickey) Mouse, reported fiscal second quarter results which saw the entertainment giant post better-than-expected streaming subscriber growth. Disney+

Q1 2022 Illinois Tool Works (ITW) manufactures industrial products and equipment. It operates through the following segments, Automotive OEM, Test & Measurement and Electronics, Food

Q1 2022 Multinational oil and gas company Shell (Formerly Royal Dutch Shell Plc), reported its highest quarterly profit since 2008 thanks to a jump in

Q1 2022 Mastercard released Q1 2022 results, with adjusted earnings of $2.76 per share on $5.1 billion in revenue. This was well above estimates of

Q4 2021 During the fourth quarter of 2021 Berkshire Hathaways stock portfolio increased by 13% from $293 bn to $331 bn, with the top five

Q2 2022 Technology provider Intuit reported an increase in total second quarter revenue of 70% YoY to $2.7 billion, including the newly acquired email marketing

Q3 2022 For the quarter, Brown-Forman reported net sales of $1.03 bn, an increase of 14% and ahead of expectations of $989 million. On an

Q4 2021 Target, the large-store format retailer, posted earnings which topped expectations but saw sales fall slightly short of forecasts for the fourth quarter. The

Q4 2021 Bumble, the parent of the dating app where women make the first move, reported financial results which missed revenue and earnings estimates. The

Q4 2021 Dollar General, the discount general merchandise retailer, posted a weaker-than expected set of financial results for the fourth quarter of 2021. However, the

Q3 2022 Nike third quarter results beat analyst expectations with revenue up 7% to $10 bn and EPS up 9% to $0.87. This was despite

Q1 2022 Digital media and marketing software firm Adobe reported Q1 2022 results with the company reporting an adjusted EPS $3.37, an increase of 7%

Q2 2022 Lululemon, the Canadian athletics apparel retailer, reported fourth quarter results for 2021 which saw profits come in higher than expected but produced revenues

Q2 2022 Micron Technology reported second quarter non-GAAP EPS of $2.14, a consensus beat of $0.16. Revenue rose 24.8% y/y to $7.79 billion. The company

Q1 2022 Demin jean maker Levi Strauss & Co. announced results for the first quarter of fiscal 2022 which beat Wall Street forecasts on the