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News Digest /
Lukas Schmidt
Author: Lukas Schmidt
05:34am, Thursday, Apr 30, 2026
Volkswagen's Q1 operating profit dropped 14%, hit by tariffs and Chinese competition. Despite cost-cutting moves, the automaker says further structural changes are needed to boost efficiency and drive profits.
05:26am, Thursday, Apr 30, 2026
Puma edges past Q1 operating profit expectations with a 19.6% jump in EBIT, thanks to brisk inventory clearance and leaner operating costs. Sales slightly dip but top forecasts amid strategic shifts and new CFO appointment.
04:54am, Thursday, Apr 30, 2026
Befesa SA reported a 4% rise in adjusted EBITDA to €58M in Q1 2026, despite an 8% drop in revenue to €285M, driven by improved segment margins and efficient operations amid volume pressures.
04:51am, Thursday, Apr 30, 2026
Seagate Technology's upbeat revenue and earnings forecast sparks a surge in storage stocks, fueled by booming AI data demands and tightening memory supplies, pushing shares of key players higher.
09:47am, Wednesday, Apr 29, 2026
Morgan Stanley upgrades ADNOC Gas to overweight, raising price target due to expected benefits from the reopening of the Strait of Hormuz and higher oil prices in 2027-28.
09:41am, Wednesday, Apr 29, 2026
Finnish elevator giant Kone agrees to buy German rival TK Elevator in a $34 billion deal, creating the world's largest lift manufacturer with over 100,000 employees and expanded U.S. presence.
08:54am, Wednesday, Apr 29, 2026
Yum! Brands reported better-than-expected Q1 results, powered by strong demand at Taco Bell and KFC thanks to value meal deals, while Pizza Hut sales continued to struggle.
08:51am, Wednesday, Apr 29, 2026
SoFi hit new highs in loan originations, including student and home loans, but shares slip after the company holds steady on its full-year forecast, hinting at tempered growth expectations.
08:32am, Wednesday, Apr 29, 2026
Russia vows to stay in OPEC+ after UAE's surprising departure, aiming to keep the producer coalition intact despite growing tensions and market instability triggered by geopolitical conflicts.
08:24am, Wednesday, Apr 29, 2026
As Eli Lilly rolls out its weight-loss drug Foundayo, investors await clear sales data. Early reports suggest a slower uptake compared to rivals, but comprehensive insights remain weeks away.
07:58am, Wednesday, Apr 29, 2026
Kevin Warsh, President Trump's nominee for Federal Reserve Chair, is set to clear a Senate panel vote, paving the way to replace Jerome Powell amid political tensions over Fed independence.
07:49am, Wednesday, Apr 29, 2026
Airbus reported a 52% drop in Q1 operating profits due to slower deliveries impacted by Pratt & Whitney engine shortages and delivery issues in China, despite strong order backlogs.
08:32am, Tuesday, Apr 28, 2026
Oil prices climbed about 2% as stalemate continues between the U.S. and Iran, with the Strait of Hormuz still mostly closed, disrupting a vital oil transit route and keeping supply concerns front and center.
08:31am, Tuesday, Apr 28, 2026
Shares of Nippon Express surged after Elliott Management revealed a 5% stake, marking another bold move by the activist in Japan's corporate space amidst ongoing market reforms.
