TSMC Reports Another Earnings Beat Under Cloud of Tariff Worries
The world's largest contract chip maker's profit jumped 60% to 361.56 billion New Taiwan dollars in the first quarter, beating the NT$351.65 billion consensus estimate of analysts in a FactSet poll.
Hermes Revenue Growth Slows on Trade Uncertainty
Hermes reported higher revenue for the first quarter, but growth slowed amid an uncertain environment for the industry due to waning demand and the threat of U.S. tariffs.
BHP Cautions on Tariff War Risks While Posting Higher Copper Output
The world's No. 1 miner by market value reported a 10% rise in third-quarter copper output due to higher volumes from the giant Escondida mine, and flat iron-ore output.
Chinese Tech Giants Help Exporters' Efforts at Domestic Expansion
Tencent and ByteDance's Douyin are helping cross-border merchants sell goods in the domestic market as the trade war between the world's two largest economies escalates.
ABB Posts Increase in Earnings, Plans Robotics Business Spinoff
First-quarter net profit rose above analysts' expectations to $1.10 billion at ABB, which intends to spin off its robotics division through a share distribution.
Pernod Ricard Backs Guidance as Trade Headwinds Brew
Pernod Ricard confirmed it expects sales to fall for the current fiscal year as the Absolut Vodka owner grapples with trade turmoil and a downturn in demand.
Intel's earnings could benefit from the tariff frenzy - for now. Here's the risk ahead.
Analysts worry about the chip maker's guidance, as the most recent period likely saw customers stockpile PC chips ahead of tariffs.
Charles Schwab Earnings: Focus on Growth Amid Tariff Turbulence
Investors likely will be looking ahead to how Schwab can navigate suddenly turbulent markets and economic uncertainty.
Alcoa to Face Steep Costs From Tariffs Despite Strong Results
The aluminum producer said it incurred about $20 million in first-quarter costs stemming from tariffs on imports. Alcoa's CEO said it would be impractical in the short term to increase U.S. aluminum production.
Hertz Shares Jump 56% as Billionaire Investor Bill Ackman Discloses Stake
Pershing Square Capital Management says it now owns about 4.1% of the company.
(END) Dow Jones Newswires
April 17, 2025 03:00 ET (07:00 GMT)
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