Wall Street’s preferred retail shares coming out of key earnings week

Wall Street’s preferred retail shares coming out of key earnings week




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Philips shares soar 11% as health tech giant flags reduced U.S. tariff impact
World

Philips shares soar 11% as health tech giant flags reduced U.S. tariff impact

Philips jumps on improved tariff outlook Shares of Philips soared nearly 14% at the market open, after the Dutch consumer healthcare group raised its full-year margin outlook, saying it now expects a hit of 150 to 200 million euros ($230.1 million) from tariffs, down from the 250 to 300 million euros it had previously estimated. […]

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Barclays second-quarter profit beats estimates as investment banking revenues swell
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Barclays second-quarter profit beats estimates as investment banking revenues swell

One Churchill Place skyscraper, the Barclays Plc headquarters, at Canary Wharf in London, U.K., on Thursday, Jan. 7, 2021.  Bloomberg | Bloomberg | Getty Images British bank Barclays on Tuesday beat profit expectations and announced a £1 billion ($1.33 billion) share buyback as market volatility boosted investment banking revenues. Pre-tax profit beat estimates at £2.5 […]

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Europe sets its sights on multi-billion-euro gigawatt factories as it plays catch-up on AI
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Europe sets its sights on multi-billion-euro gigawatt factories as it plays catch-up on AI

Data storage tapes are stored at the National Energy Research Scientific Computing Center (NERSC) facility at the Lawrence Berkeley National Laboratory, which will house the U.S. supercomputer to be powered by Nvidia’s forthcoming Vera Rubin chips, in Berkeley, California, U.S. May 29, 2025. Manuel Orbegozo | Reuters Europe is setting its sights on gigawatt factories […]

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