Key Points To Watch Out For:
- GM withdrew its full-year guidance and its shares fell despite strong results.
- Porsche fell 5% after lowering its financial forecast due to the impact of tariffs.
- BP fell 4% after weak earnings and a cut in its share buyback program.
General Motors (GM): Strong results with withdrawn guidance create uncertainty
General Motors presented better-than-expected quarterly results but withdrew its guidance for the year due to border uncertainty. Even with strong operating performance, shares fell in premarket trading, exacerbated by the call to postpone its analyst call. Trump is supposed to announce tariff relief for cars today.
Porsche (P911): Adjusted projections weigh on European manufacturers
Porsche fell 5% in Frankfurt after cutting its full-year financial guidance, compounding concerns about trade tensions. The company faces double pressure: weak demand and the specter of new tariffs in the US. The situation also dragged down other automakers such as Volvo Car, which withdrew its forecast.
Stellantis (STLA): US production protects margins
Stellantis rose in Europe thanks to its exposure to manufacturing in the US, which would allow it to benefit if tariff relief materializes. Unlike Porsche, Stellantis has an industrial network that is better position to face the new tariff environment.
UPS (UPS): Results above consensus despite uncertain economic environment
UPS beat quarterly earnings expectations, driving its shares higher before the open. However, the company opted to withdraw its full-year guidance due to the challenging economic outlook, reflecting cautious operational management.
BP (BP): Weak quarter hits share buyback and weighs on stock
BP fell 4% in London after reporting lower-than-expected earnings and cutting its share buyback program. The company continues to face structural cost challenges, low oil prices, and changing regulations.
Rheinmetall (RHM): European defense remains buoyant
Rheinmetall rose 6% after reported better-than-expected results. The German company has been one of the main beneficiary of rising European military spending, driven by geopolitical tensions and new government orders.
Merck (MRK): Betting on local manufacturing amid tariff climate
Merck has announced a $1 billion investment in a new plant in the US in respond to potential tariffs on pharmaceutical products. This move strengthens its industrial presence in the country and is likely to bolster its shares in the face of the new regulatory environment.
American Airlines (AAL) and JetBlue (JBLU): Dispute after the end of the partnership
American sued JetBlue to recovering payments after the failure of their strategic alliance. The legal dispute marks a new phase of more intense competition in the US airline industry.
Coca-Cola (KO), Pfizer (PFE), and PayPal (PYPL): Expectations in focus
These three key companies are releasing their results today, and investors will be watching their numbers and projections closely, as they represent key sectors such as consumer goods, healthcare, and digital payments, which could influence the overall direction of the market.
