European Movers: SAP (SAP GY) +5.0%, Saint Gobain (SGO FP) +2.8%, Kuehne+Nagel (KNIN SW) +2.0%, STMicroelectronics (STMPA FP) +2.0%, Volvo (VOLVB SS) +1.8%, Mondi (MNDI LN) -4.2%
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Holcim (HOLN SW) CEO says applied mid-single-digit price increases globally
Iranian Vice President says any attack on oil wells will be met with strikes on attackers’ oil facilities; says it will be beyond “eye for an eye” response, Mehr News reports
European Movers: SAP (SAP GY) +5.0%, Saint Gobain (SGO FP) +2.8%, Kuehne+Nagel (KNIN SW) +2.0%, STMicroelectronics (STMPA FP) +2.0%, Volvo (VOLVB SS) +1.8%, Mondi (MNDI LN) -4.2%
Spanish PPI YoY (Mar) Y/Y 3.4% (Prev. -7%)
French Consumer Confidence (Apr) 84 vs. Exp. 88 (Prev. 89, Low. 87, High. 89)
On the Newsquawk feed at , 20 minutes before this page.
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- Volvo (VOLVB SS) +1.8%: Q1 results beat exp.
- SAP (SAP GY) +5.0%: Better-than-expected operating profit and revenue, with cloud metrics also topping expectations, and announced a chunky buyback.
- Saint Gobain (SGO FP) +2.8%: Modest revenue beat, affirms guidance.
- STMicroelectronics (STMPA FP) +2.0%: Intel shares surged by over 20% in extended US Trading after stronger-than-expected earnings and revenue in Q1, robust Q2 guidance, growing signs of a business revival, strong data centre and foundry growth, and optimism around rising AI-related CPU and advanced packaging demand.
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