π·πΊ Softline has announced that it does not plan to increase the volume of its buyback program, according to company representatives.
π«π’π·πΊ Major oil refineries in central Russia have been forced to halt or significantly reduce crude processing and fuel production due to Ukrainian drone attacks, according to RTRS. Kremlin spokesman Dmitry Peskov stated that there are no perceived risks regarding fuel supply in Russia despite ongoing attempts of strikes by Ukrainian forces. For more information, visit Kommersant and mt in max.
π·πΊ The European Commission has raised its forecast for Russia's GDP growth this year to 1.3%, up from the previously expected 1.1% in the autumn report, according to a new EC document.
πΊπΈ Walmart has reported its Q1 2027 adjusted earnings per share (EPS) at $0.66, matching analysts' expectations. Revenue for the quarter reached $177.5 billion, surpassing the estimated $174.78 billion. Looking ahead, the company anticipates its second-quarter adjusted EPS to fall between 72 cents and 74 cents, slightly below the estimated 75 cents.
π¨π·πΊ "T-Technologies" plans to conduct a supplementary share issue to consolidate "Tochka" in December 2026, according to a conference call.
π’οΈ The head of the IEA warns that oil markets may enter the "red zone" in July-August as supplies dwindle while demand increases during the summer months. The IEA is prepared to act to coordinate further releases of strategic oil reserves if necessary. For more details, visit mt Π² max.
π¨ A woman, the wife of Sandbox co-founder and COO SΓ©bastien Borget, was the victim of a kidnapping attempt this week at their home in Seine, France.
π¨πͺπΊ Stellantis shares dropped by 6% following the announcement of a $70 billion restructuring plan. The company has pledged to keep its factories operational and collaborate with competitors as part of its new strategy. For more details, visit Stellantis.
π SpaceX's IPO filing reveals significant losses and Elon Musk's tight grip on the company. The prospectus indicates that shareholders have little influence over decisions made by Musk. Among SpaceX's three divisions, only the communications sector, primarily driven by the Starlink satellite internet service, turned a profit in the first quarter of the year. The net loss for Q1 2026 was reported at $4.28 billion, while the company aims for a valuation of $2 trillion.
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Upcoming Economic Events:
The United States will release several key economic indicators today. Initial Jobless Claims will be announced at 15:30 MSK, followed by Housing Starts for April at the same time. Additionally, the Philadelphia Fed Manufacturing Index for April will also be published at 15:30 MSK.
The United States will release several key economic indicators today. Initial Jobless Claims will be announced at 15:30 MSK, followed by Housing Starts for April at the same time. Additionally, the Philadelphia Fed Manufacturing Index for April will also be published at 15:30 MSK.
β οΈπͺπΊ The European Union has revised its economic growth forecasts downward due to the ongoing conflict in Iran, according to Politico. The instability in the region is expected to have significant repercussions on the EU's economic outlook, prompting analysts to adjust their predictions accordingly. The situation continues to unfold, and its impact on the European economy remains a key area of concern for policymakers.
π¨πΊπΈ Initial Jobless Claims in the U.S. reached 209,000, slightly below the expected 210,000 and unchanged from the previous figure of 211,000. Meanwhile, Continuing Jobless Claims stood at 1.782 million, also better than the anticipated 1.790 million, remaining consistent with the prior report.
π¨ The United States has reported a decline in housing starts for April, with a decrease of 2.8% month-over-month. This figure was better than expectations, which forecasted a drop of 5.3%. In contrast, the previous month saw an increase of 10.8%.
π¨ The Philadelphia Fed Manufacturing Index for May has been released, showing a decline of -0.4. This figure is significantly below expectations of +17.6 and a drop from the previous month's reading of +26.7.
β οΈπ¬π§ The Bank of England's Taylor has announced that the probability of a recession has risen to 30-40% over the next 12 months.
π₯β΄οΈ The token HYPE has surged by 15% today, gaining significant attention across all major crypto media outlets.