GE Aerospace (NYSE:GE) has reaffirmed its 2025 outlook despite a $500 million tariff-related cost headwind, prompting analysts at Bank of America to raise their price objective on the stock to $230 from $225 and reiterate a ‘Buy’ rating.
Describing GE as “the sanctuary stock,” analysts wrote: “While other companies appear to be caught in a tariff tidal wave, GE's proactive tariff mitigation strategy, market positioning, and operational strength have insulated them, in our view.”
Freeport-McMoRan Inc (NYSE:FCX, ETR:FPMB) is “entering the sweet spot,” analysts at Jefferies told investors following the release of the copper giant’s latest earnings report.
For Q1, Freeport posted earnings per share of $0.24, ahead of estimates of $0.23, as revenue of $5.73 billion beat forecasts of $5.47 billion.
Shares of Intel Corp (NASDAQ:INTC, ETR:INL) lost nearly 7.3% on Friday after the chipmaker offered a disappointing revenue outlook for the second quarter, triggering a flurry of analyst downgrades and warnings about the company’s multi-year turnaround.
Despite beating expectations for the first quarter, Intel forecast second-quarter revenue of $11.8 billion, falling short of analysts’ estimates and raising fresh concerns over macroeconomic uncertainty, tariff headwinds, and persistent margin pressure.
Spotify Technology SA (NYSE:SPOT) has Jefferies analysts bullish ahead of the release of its first quarter earnings report, with the firm confident in the streaming platform’s positioning in what it calls a “tough neighborhood.”
"We are positive on the Q1 set up," analysts wrote.
VinFast Auto Ltd (NASDAQ:VFS) reported mixed results for the fiscal fourth quarter of 2024, as a surge of electric vehicle deliveries drove a stronger-than-expected top line amid profitability challenges.
The Vietnamese auto company reported revenue of $677.9 million, ahead of Street estimates of $659.3 million.
Panmure Liberum reckons Naked Wines PLC (AIM:WINE, OTCQX:NWINF) is sitting on a cash bonanza.
For UK investors eyeing Big Tech as a source of stability in an uncertain market, Alphabet Inc's (NASDAQ:GOOG) latest results were the reassurance they needed, and then some.
The Google and YouTube owner blew past expectations on both revenue and profits, proving that, even with AI disruption and geopolitical headwinds, it still knows how to make money hand over fist.