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Can Walmart mitigate tariff-related price shocks?
Thursday 08 May 2025Trade war uncertainties are weighing on sentiment towards consumer-facing stocks, and investors will be able to take the temperature of the all-important US consumer when Walmart (WMT:NYSE) reports first-quarter earnings on 15 May. Given the world’s biggest retailer’s sheer scale it should be able...
CVS shares boosted by benign working paper from the competition watchdog
Thursday 08 May 2025Veterinary services company CVS (CVSG:AIM) saw its shares jump 13% on 1 May in response to the release of the CMA’s (Competition and Markets Authority) working paper on potential remedies for the £6.3 billion vet market which it has been investigating over the last year. The latest price move takes...
Buffett surprises markets after stepping down as CEO after 60 years at the helm
Thursday 08 May 2025Shares in Berkshire Hathaway (BRK-B:NYSE) fell 5% on 5 May, after chair and CEO Warren Buffett announced plans to step down after 60 years at the helm. The 94-year-old saved the surprising news until the dying minutes of Berkshire’s shareholder meeting on 3 May, when he declared it was time for his...
Clarkson shares down 20% as uncertainty impacts maritime demand
Thursday 08 May 2025Clarkson’s (CKN) shares are down more than 20% over one year following what have effectively been two profit warnings within two months from the shipbroking leader. On 10 March, Clarkson flagged a slow start to 2025 and warned results would be second half weighted amid concerns over the global...
ITV receives takeover interest from French media giant Banjay
Thursday 01 May 2025Shares ITV (ITV) failed to fire despite recent reports that French media giant Banjay was in early talks with the free-to-air broadcaster to buy the whole group or just its studio production arm. Banjay’s plans were first reported in the Financial Times and follow speculation about an approach from...
Associated British Foods’ first-half results send shares skidding
Thursday 01 May 2025Shares in Associated British Foods (ABF) plunged 9% earlier this week after the global consumer conglomerate posted a slide in first-half profit and downgraded full-year guidance for its Sugar business. Results for the six months to March 2025 showed a 21% drop in pre-tax profit to £692 million as...
Winking Studios shares nearly halve year-to-date after IPO excitement
Thursday 01 May 2025Shares in Winking Studios (WKS:AIM) have fallen as much as 55% year-to-date after the Singapore-based video games services company reported a 70.5% fall in full year net profit for the year ending 31 December. The company, which enjoyed a very positive initial reaction to its November 2024 IPO,...
Investors eagerly await Berkshire Hathaway's Q1 and annual meeting on 3 May
Thursday 01 May 2025Warren Buffett’s Berkshire Hathaway (BRK-B:NYSE) exited 2024 on a high, generating a record fourth-quarter operating profit for the third straight year, driven by strong growth in its insurance operations. Berkshire more than doubled the size of its cash pile to a record $334.2 billion, as the...
The US could be in for an unprecedented supply shock
Thursday 01 May 2025Wall Street may have stabilised in the last week as the White House has softened some of its rhetoric on global trade, but the real-world impact of the increase in tariffs is about to hit Main Street and could make the disruption caused by the pandemic ‘look like a tea-party’ according to some...
Imperial Brands shares hit a five-year high as investors dial down risk
Thursday 01 May 2025Over the past six months, Imperial Brands (IMB) shares have gained nearly 30% due to a robust set of full-year results reported last November and investors piling into defensive stocks since the start of 2025. On 24 April, Imperial shares hit a five-year high of £30.63 as the multi-national tobacco...