BASF (BAS GY) FY (EUR): Sales 59.7bln (exp. 60.7bln), Adj. EBITDA 6.6bln (exp. 6.87bln), EBIT 1.6bln, Net income 1.6bln, FCF 1.3bln
BASF reported FY sales and adjusted EBITDA below expectations, indicating weaker operational performance relative to market forecasts.
OpenAI plans to take a cut of customers' AI-aided discoveries, The Information reports
NY Fed RRP op demand at 2.06bln (prev. 3.34bln) across 14 counterparties (prev. 12)
BASF (BAS GY) FY (EUR): Sales 59.7bln (exp. 60.7bln), Adj. EBITDA 6.6bln (exp. 6.87bln), EBIT 1.6bln, Net income 1.6bln, FCF 1.3bln
OpenAI's Altman says we've have added more than USD 1bln of ARR in last month just from our API business
Netflix (NFLX) co-CEO Sarandos is planning to testify in February at a US Senate committee hearing looking into Netflix’s proposed USD 82.7bln purchase of Warner Bros. Discovery (WBD), Bloomberg reports
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Guidance:
- FY FCF -600mln.
- FY adj. EBITDA 6.6bln (exp. 7.35bln).
The notably lower guidance for free cash flow and adjusted EBITDA signals potential challenges ahead and may negatively impact investor sentiment, particularly in the diversified chemicals sector where margins are under pressure.
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