Shares in LVMH were set to open lower on Tuesday after the company reported weaker first-quarter sales.According to a Reuters report, LVMH said on Monday that the conflict shaved at least 1% off its group sales.The decline comes amid the ongoing conflict involving Iran, which has begun to weigh on…
The United Airlines (UAL) and American Airlines (AAL) stocks will be in the spotlight today, April 14, as investors react to news of a potential mega-merger. AAL has dropped to $11.25, down by over 30% from its highest point last year.Similarly, United Airlines has dropped to $95, down by 20%…
Hungary opened a new political chapter on Monday after opposition leader Peter Magyar swept Viktor Orbán from power.The elections ended the nationalist prime minister’s 16-year rule and raised hopes in markets that Budapest could finally begin repairing relations with Brussels and revive a weak economy.The immediate reaction was upbeat as…
Markets are starting the week in a distinctly defensive mood.The collapse of US-Iran talks has put oil back at the center of the global macro story, reviving inflation fears and knocking risk appetite across Asia.At the same time, politics is shaping a second market narrative in Europe, where Viktor Orbán’s…
The Goldman Sachs stock price has rebounded and is moving closer to its all-time high as the company prepares to release its first-quarter results on Monday. GS jumped to $910, a few points below the all-time high of $977. Goldman Sachs earnings previewGoldman Sachs, one of the most prestigious companies in…
The Nikkei 225 Index pulled back slightly on Monday, paring back some of the gains made in the past few weeks as energy prices rebounded following Donald Trump’s plan to blockade the Strait of Hormuz. It retreated slightly to ¥56,400 from last week’s high of ¥57,405.Japanese stocks retreat as crude…
Asian markets opened the week on the back foot on Monday as a fresh oil shock renewed the anxieties around the Middle East conflict.The sell-off signalled a cautious start to the week after US-Iran talks failed over the weekend and Washington moved ahead with a blockade targeting traffic to and…
The FTSE 100 Index futures pulled back on Monday as geopolitical tensions rose after the weekend talks between the US and Iran followed by President Donald Trump’s decision to enact a blockade on the Strait of Hormuz. This article explores some of the top FTSE companies to watch this week.Tesco…
Oracle’s brutal 2026 selloff is forcing Wall Street to answer a harder question than the usual buy-the-dip reflex.Shares of the cloud and database giant were still down about 29% for the year as of March 31, even after a brief rebound.Yet the collapse has not produced a consensus.Instead, it has…
Europe’s retail sector is heading into a harsher stretch, but RBC is not telling investors to give up on the space.The retailers were already facing fragile demand before the latest energy shock, and the renewed jump in oil and freight costs has added pressure on margins.The result is a more…