Newsquawk Logo

European Movers: ASML (ASML NA) +2.9%, Tesco (TSCO LN) +2.5%, Entain (ENT LN) +1.7%, STMicroelectronics (STMPA FP) +0.5%, Pernod Ricard (RI FP) -1.4%, easyJet (EZJ LN) -8.3%

The earnings reports from prominent European companies show a mixed bag of performance and outlooks.

Newsquawk StaffPublished On the live feed at — 6 more headlines followed before this page went public
Newsquawk headlinesUTC

TSMC (TSM/2330 TT) exec. says CPUs are more and more important in AI data centres

Ukranian President Zelensky posts "there can be no normalization of Russia as it is today. Pressure on Russia must work", following heavy drone attacks, via X

European Movers: ASML (ASML NA) +2.9%, Tesco (TSCO LN) +2.5%, Entain (ENT LN) +1.7%, STMicroelectronics (STMPA FP) +0.5%, Pernod Ricard (RI FP) -1.4%, easyJet (EZJ LN) -8.3%

The next meeting between Israel and Lebanon is expected to be held early next week, via Sky news Arabia citing Israel Hayom

Senior Japanese Financial Regulator official says Japan sees private credit as potential pillar in new strategy to meet corporate funding demand driven by M&A surge, according to reports

Open the platform and use it. The whole workspace is free to try, with no signup and no card. When you want the headlines arriving live instead of on a delay, Newsquawk Pro is £24.99 for 7 days.

Try the platform free
Free. No signup, no card.

Chip Names - TSMC (TSM/2330 TT) reported Q1 net income that beat estimates while raising its Q2 guidance above analyst expectations. 

easyJet (EZJ LN) - Trading Update (GBP): easyJet expects to report a headline loss before tax of between GBP 540-560mln for the first half of FY26. Demand across the first half remained positive. The conflict in the Middle East has introduced near-term uncertainty around fuel costs and customer demand. (easyJet)

Entain (ENT LN) - Q1 2026 (GBP): Net revenue 696mln (prev. 657mln Y/Y), iGaming revenue 481mln (prev. 443mln Y/Y), Online Sports 203mln (prev. 194mln), Adj. EBITDA 25mln (prev. 22mln Y/Y). Affirms its 2026 outlook, expects 2026 Adj. EBITDA between 300-350mln and net revenue between 2.9-3.1bln. (Entain)

Pernod Ricard (RI FP) - Q3 2026 (EUR): Revenue 1.95bln (exp. 1.95bln). By region: Americas -8% with the US -12%, Asia-RoW +6% with China -7%, Europe +1%. Sees FY organic net sales -3% to -4% due to the Middle East war. For the medium term, projects organic net sales growth in the range of 3-6% on average. (Pernod Ricard) 

Tesco (TSCO LN) - FY 2025 (GBP): Revenue 66.6bln (prev. 63.63bln Y/Y), Adj. EPS 29p (prev. 27.4p Y/Y), Dividend/shr 14.5p (prev. 13.7p Y/Y). Reflecting the increased uncertainty caused by the conflict in the Middle East, Co. provided a wider range of guidance than previously planned, now expecting to deliver adj. operating profit of between GBP 3.0-3.3bln for the FY 2026/27. (Tesco)

Context

EasyJet's expected significant loss reflects challenges from geopolitical tensions, while Entain's steady revenue growth affirms its positive trajectory. Meanwhile, Tesco's solid results are tempered by broader economic uncertainties, suggesting cautious market sentiment around consumer-facing sectors in light of recent events.

Related headlines

The whole workspace, free to try.

Try it free
Newsquawk Logo

© 2026 Newsquawk. All rights reserved.