Shares of ASML on Wednesday fell as the company missed sales forecasts, but stuck to its full-year outlook. ASML’s stock was down around 4.5% in early European trade after the results. Here’s how ASML did versus LSEG consensus estimates: Net sales: 5.29 billion euros ($5.62 billion) versus 5.39 billion euros expected. Net profit: 1.22 billion euros…

Adidas shoes are displayed at a DSW store on January 31, 2024 in Novato, California.  Justin Sullivan | Getty Images Shares of Adidas jumped 8.2% on Wednesday after the company unexpectedly raised its full-year guidance and reported a year-on-year profit increase in the first quarter. The German sportswear company said that it now expects currency-neutral…

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Telecom equipment maker Ericsson reported on Tuesday a first-quarter adjusted profit that beat expectations and said sales might stabilise in the second half of the year despite weak demand for 5G gear. Rafael Henrique | Lightrocket | Getty Images Ericsson said on Tuesday it expects sales to stabilize in the second half of 2024 amid…

Dr. Martens is a brand of footwear known for its yellow stitching and patented air-cushioned soles. The brand was adopted by British punk rockers in the 1970s, but went mainstream during the grunge movement of the 1990s. drmartens.com Shares of Dr. Martens plunged 30% on Tuesday to hit a record low in early deals, after…

10 things to watch Monday, April 15 The market is trying to rebound from Friday’s selloff. Oil is pulling back on hopes that the conflict in the Middle East doesn’t escalate further after Iran’s attacks on Israel. Despite an uptick in consumer inflation last month, retail sales jumped 0.7% in March, much higher than expected. The…

TSMC displayed on a phone screen and microchip and are seen in this illustration photo taken in Krakow, Poland on July 19, 2023 Jakub Porzycki | Nurphoto | Getty Images Taiwan Semiconductor Manufacturing Co. (TMSC), posted a surge in monthly revenue in March, as it cashed in on a continuing artificial intelligence boom powered by…

Pictured here is a Foxconn factory in Zhengzhou city on Sept. 4, 2021. Vcg | Visual China Group | Getty Images Apple iPhone manufacturer Foxconn on Friday posted a dip of 9.6% in revenue for the first quarter of 2024, compared to the same period last year. The company, which trades as Hon Hai Precision…

HONG KONG, CHINA – 2021/08/07: Pedestrians cross the street in front of the Swedish multinational clothing design retail company Hennes & Mauritz, H&M, store in Hong Kong. (Photo by Budrul Chukrut/SOPA Images/LightRocket via Getty Images) Sopa Images | Lightrocket | Getty Images Shares of H&M leapt 14% in early deals on Wednesday, after the Swedish…

A GameStop location on 6th Avenue in New York on March 23, 2021. View Press | Corbis News | Getty Images GameStop said on Tuesday it had cut an unspecified number of jobs to reduce costs and reported lower fourth-quarter revenue amid rising competition from e-commerce firms and weak consumer spending in an uncertain economy.…