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AMAZON $AMZN & STELLANTIS' $STLA SMARTCOCKPIT PROJECT IS 'WINDING DOWN,' COMPANIES SAY -RTRS https://t.co/zQphErpqsV
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AMAZON $AMZN & STELLANTIS' $STLA SMARTCOCKPIT PROJECT IS 'WINDING DOWN,' COMPANIES SAY -RTRS https://t.co/zQphErpqsV
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Offshore
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Wall St Engine
Anthropic's CEO Amodei:
AI could wipe out half of all entry-level white-collar jobs — and spike unemployment to 10-20% in the next one to five years.
AI companies & government need to stop "sugar-coating" what's coming
It sounds crazy, and people just don't believe it. https://t.co/PiDBCuEzL9
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Anthropic's CEO Amodei:
AI could wipe out half of all entry-level white-collar jobs — and spike unemployment to 10-20% in the next one to five years.
AI companies & government need to stop "sugar-coating" what's coming
It sounds crazy, and people just don't believe it. https://t.co/PiDBCuEzL9
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Wall St Engine
Macy’s $M Q1 beat on both EPS ($0.16 vs $0.14 est) and revenue ($4.6B vs $4.4B est), but cut FY25 EPS view to $1.60–$2.00 from $2.05–$2.25. Maintains rev outlook at $21–$21.4B. CEO says strategy is on track, but tariff pressure and cautious consumer spending are weighing on the full-year outlook.
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Macy’s $M Q1 beat on both EPS ($0.16 vs $0.14 est) and revenue ($4.6B vs $4.4B est), but cut FY25 EPS view to $1.60–$2.00 from $2.05–$2.25. Maintains rev outlook at $21–$21.4B. CEO says strategy is on track, but tariff pressure and cautious consumer spending are weighing on the full-year outlook.
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Capri $CPRI posted a tough Q4, with a ($4.90) EPS hit due to a big tax allowance tied to Versace. FY26 rev guide was slashed to $3.3–$3.4B (vs $4.1B prior), as tariffs weigh on demand. Still, EPS outlook of $1.20–$1.40 topped estimates. CEO says turnaround is early but showing signs of life.
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Capri $CPRI posted a tough Q4, with a ($4.90) EPS hit due to a big tax allowance tied to Versace. FY26 rev guide was slashed to $3.3–$3.4B (vs $4.1B prior), as tariffs weigh on demand. Still, EPS outlook of $1.20–$1.40 topped estimates. CEO says turnaround is early but showing signs of life.
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Abercrombie $ANF delivered a strong Q1 with EPS of $1.59 vs $1.33 est. and 8% sales growth led by Hollister. But the company cut full-year EPS guidance to $9.50–$10.50 from $10.40–$11.40 and lowered Q2 EPS view to $2.10–$2.30 vs $2.47 est. Shares may react to the cautious outlook despite solid execution.
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Abercrombie $ANF delivered a strong Q1 with EPS of $1.59 vs $1.33 est. and 8% sales growth led by Hollister. But the company cut full-year EPS guidance to $9.50–$10.50 from $10.40–$11.40 and lowered Q2 EPS view to $2.10–$2.30 vs $2.47 est. Shares may react to the cautious outlook despite solid execution.
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