IBM stock plunges nearly 25% after quarterly revenue and EPS miss IBM stock plunged nearly 25% at the U.S. open after IBM reported Q2 revenue of $17.2 billion and adjusted …
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Business
BMW reports Q2 sales decline as China deliveries plunge 30 percent
by Leo Müllerby Leo MüllerBMW Q2 Sales in China Plunge 30%, Group Delivers 590,962 Cars as EVs Edge Up BMW sales in China suffered a sharp setback in the second quarter as the Munich …
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Business
BMW reports Q2 sales decline as China deliveries plunge 30 percent
by Leo Müllerby Leo MüllerBMW sales in China plunge 30% in Q2, dragging group deliveries down 4.9% BMW sales in China plunged 30% in Q2, contributing to a 4.9% decline in group deliveries to …
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Business
Mercedes-Benz records 6% H1 sales decline as China sales plunge 28%
by Leo Müllerby Leo MüllerMercedes-Benz sales in China slump 28% as global H1 deliveries fall 6% Mercedes-Benz sales in China fell 28% in H1 2026, contributing to a 6% global decline as BEV demand …
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Business
German automakers face 23% Q1 operating profit plunge as China sales tumble
by Leo Müllerby Leo MüllerGerman automakers profit slump deepens as Q1 revenues and operating profit slide, EY says EY analysis: German automakers’ Q1 profit slump deepens as revenue declines, China sales drop and electrification …
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EU exports to the United States plunge 30.4% in Q1 as tariff uncertainty weighs EU exports to the United States fell 30.4% in Q1 to €119.4bn, Eurostat reports; overall third-country …
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Business
Daimler Truck posts 80 percent profit plunge, plans 5,000 German job cuts
by Leo Müllerby Leo MüllerDaimler Truck Q1 Profit Plunges 80% as North American Weakness Hits Sales Daimler Truck reports an 80% fall in first-quarter profit to €149 million, with revenue down 13% to €9.98 …
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Business
Airbus Reports Q1 Profit Plunge Amid Engine Delays and Weak Dollar
by Leo Müllerby Leo MüllerAirbus profit slump amid engine delays and weak dollar dents Q1 results Airbus profit slump in Q1 as engine supply delays and a weak dollar reduced earnings and deliveries; company …
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Business
Alstom shares plunge 27% after margin cut and cash-flow warning
by Leo Müllerby Leo MüllerAlstom shares plunge after weak results, stock drops 27% as CEO unveils turnaround plan Alstom shares plunged after the trainmaker reported weaker-than-expected results, with the keyword Alstom underlining the company’s …