Daily News Round Up
Friday, 30 May 2025
- Global Economic Growth is Moderating: Multiple indicators point to a slowdown in global economic activity, raising concerns about earnings sustainability. German retail sales unexpectedly fell by 1.1% in April (Reuters), while the U.S. economy contracted by 0.2% in Q1, its first decline since mid-2022 (Proactive Investors). Australian retail sales also disappointed (Reuters), and concerns are rising about consumer resilience amidst economic uncertainty (PYMNTS).
- Tariff Uncertainty and U.S.-China Trade Tensions are Escalating: A court ruling initially blocking Trump-era tariffs created a brief market rally, but the administration’s appeal and potential for further escalation sparked renewed volatility (Seeking Alpha). Trade talks between the U.S. and China are “a bit stalled” (Market Watch), exacerbating concerns about global trade and potentially impacting future corporate earnings, especially for companies with exposure to those regions.
- Interest Rate Outlook Remains Fluid Amid Inflation Concerns: While cooling inflation in Europe supports expectations for further ECB rate cuts (WSJ), persistent inflation risks and potential impacts from tariffs are causing caution. The Federal Reserve’s policy decisions remain data-dependent (Forbes) and banks in southern Europe face headwinds from falling net interest income as rates are expected to decline (Seeking Alpha).
- Corporate Earnings are Mixed with Sectoral Disparities: Q1 corporate profits in the U.S. experienced a decline (Invezz), but individual company performance varied significantly. Bath & Body Works beat EPS estimates despite a revenue miss (FMP), while Best Buy lowered its full-year guidance despite a Q1 EPS beat (FMP). This highlights the importance of stock-specific analysis within a macro-sensitive environment.
- Financing landscape is shifting due to policy and market risks: Concerns are brewing over the concentration of leverage in private equity and private credit, drawing parallels to the 2008 financial crisis (Market Watch). Furthermore, a potential tax on foreign investors outlined in the “Big Beautiful Bill” is raising fears of reduced demand for U.S. Treasuries and a weaker dollar (Reuters), potentially impacting capital flows and interest rates.
What happened yesterday?
Macro
Commodity Prices: U.S. crude, gasoline and distillate inventories fell last week, the Energy Information Administration said on Thursday. (Reuters)
Economic Growth: German retail sales fell by 1.1% in April compared with the previous month, data showed on Friday. (Reuters)
Economic Growth: The US economy contracted at an annualised rate of 0.2% in the March quarter, the first quarterly decline since mid-2022, as gains in business investment, consumer activity and exports only partly offset a jump in imports and reduced government spending. While the gross domestic product (GDP) reading, updated on Thursday by the US Bureau of Economic Analysis, is a slight upward revision from the government’s initial -0.3% estimate, it is a stark reversal from the 2.4% expansion recorded in the final quarter of 2024 – reinforcing concerns about waning economic momentum in the world’s largest economy. (Proactive Investors)
Economic Growth: Australian retail sales dipped unexpectedly in April as warm weather hit spending on winter clothing, while department stores suffered from a dearth of discounting events in further evidence of a subdued consumer. (Reuters)
Economic Growth: Tariffs are in limbo. GDP is shrinking. CEOs are pessimistic. And consumers are caught in the middle of all the uncertainty, buffeted by rising prices and an uncertain employment picture. (PYMNTS)
Economic Growth: In the first quarter of 2025, U.S. corporate profits experienced a decrease of $118.1 billion, following a substantial gain of $204.7 billion in the previous quarter, said the Commerce Department’s Bureau of Economic Analysis (BEA). Simultaneously, the real gross domestic product (GDP) contracted at an annual rate of 0. (Invezz)
Financial Crisis: Steve Diggle sees parallels with the global financial crisis as he says leverage is centered on private equity and private credit. (Market Watch)
Inflation: Cooling inflation in Spain and France is putting the European Central Bank on course to reach its inflation target, cementing expectations of another rate cut. (WSJ)
Inflation: Not all dividend stocks are equal in this type of economic environment. (Barrons)
Inflation: Trade tensions and inflation risks weigh on the DAX as investors await key German data and ECB signals that could determine the near-term outlook. (FXEmpire)
Inflation: The yen strengthened against most other G-10 and Asian currencies, buoyed by signs of faster inflation. (WSJ)
Inflation: The favored U.S. inflation tracker of the Federal Reserve is expected to show little or no increase for the second month in a row, but the effort to get the cost of living under control might be far from over. (Market Watch)
Interest Rates: Banks in Southern European markets face larger-than-expected falls in lending income in the coming quarters as the European Central Bank cuts rates to combat the threat of an economic slowdown caused by US tariffs. Net interest income (NII) — the difference between what banks earn from interest on loans and other assets and what they pay for deposits — is already falling at most eurozone banks. (Seeking Alpha)
Interest Rates: The European Central Bank has reduced room for further rate cuts but should maintain a pragmatic, flexible approach and make future decisions on a case-by-case basis, governing council member Fabio Panetta said on Friday. (Reuters)
Interest Rates: Decision-makers at the Federal Reserve usually monitor issues connected to their dual mandate to keep employment high and inflation low. They prefer not to look at policy decisions made by the administration or Congress, though they sometimes have to predict the impact of policy changes. (Forbes)
Interest Rates: My bullish thesis on TLT has unraveled as tariffs and fiscal policy failed to slow growth or support bonds as expected. The reversal of tariffs, persistent deficits, and the “Big Beautiful Bill” have all contributed to a deteriorating outlook for bonds. (Seeking Alpha)
International relations: There is also tension about issues like U.S. student visas for Chinese students and the Trump administration’s bid to crack down on trafficking of fentanyl. (WSJ)
International relations: Trade talks between the U.S. and China are “a bit stalled,” Treasury Secretary Scott Bessent said Thursday, adding that a breakthrough will likely hinge on President Donald Trump and Chinese President Xi Jinping speaking directly. (Market Watch)
International relations: U.S.-China trade talks “are a bit stalled,” requiring the two countries’ leaders to speak directly, Treasury Secretary Scott Bessent told Fox News. After a rapid escalation in trade tensions last month, Bessent helped the world’s two largest economies reach a breakthrough agreement in Switzerland on May 12. (CNBC)
International relations: A federal appeals court has ruled that Donald Trump’s sweeping international tariffs can remain in place for now, a day after three judges ruled the president exceeded his authority. (Skynews)
International relations: The stock market is back to where it started the year, but investors should remember that the economy is looking weaker. (Market Watch)
International relations: The U.S. Court of International Trade blocked most Trump-era tariffs, injecting new uncertainty into markets and trade negotiations. President Trump is expected to fiercely appeal the ruling, likely escalating the legal battle to the Supreme Court and prolonging volatility. (Seeking Alpha)
International relations: Foreign stocks are poised to outperform U.S. stocks over the next 5 to 10 years as the dollar weakens, reversing 10 years of under-performance. Currency exchange rates significantly impact foreign investment returns, amplifying gains or losses beyond local performance. (Seeking Alpha)
Labour: Weekly jobless claims in the U.S. increased more than expected in May to a seasonally adjusted 240,000 for the week ended May 24, according to the Labor Department. (Fox Business)
Policy: Tariffs are in limbo after court ruling, Powell emphasizes Fed independence, more retail earnings, and more news to start your day. (Barrons)
Policy: The “One Big Beautiful Bill Act,” includes the most sweeping changes to the tax treatment of foreign capital in the U.S. in decades under a provision known as Section 899. Section 899 will hit entities from so-called “discriminatory foreign countries” that impose levies that disproportionately affect U.S. companies. (CNBC)
Policy: Wall Street analysts are cautioning that a tax targeting foreign investors in the U.S. budget bill progressing through Congress could end up weighing on demand for U.S. Treasuries and the dollar. (Reuters)
Policy: The president and the Federal Reserve chair met for the first time in Trump’s second term. (WSJ)
Policy: Jerome H. Powell stressed in his first meeting since the president returned to the White House that policy decisions would be “based solely on careful, objective and nonpolitical analysis.” (NYTimes)
Policy: Fed Chair Jerome Powell and President Donald Trump met at the White House for the first time in the president’s second term, the Federal Reserve announced. (Fox Business)
Policy: Trump has attacked Powell over the Fed’s decision to not lower interest rates, but recently said he has no intention of trying to fire Powell. (New York Post)
Policy: Federal Reserve Governor Adriana Kugler said on Thursday she’s closely watching markets amid substantial shifts in trade policy and possible diminished investor desire to hold U.S. dollar assets. (Reuters)
Policy: The Trump administration so far has failed to deliver meaningful fiscal reform; deficits could keep rising and the status quo remains. The only realistic path to reducing the U.S. debt/GDP ratio is through inflation and dollar devaluation, echoing the 1970s playbook. (Seeking Alpha)
Policy: Trump, who called Powell a “fool” earlier this month, still appears unhappy with Powell and his colleagues’ reluctance to lower rates immediately. The president’s most recent post to his Truth Social platform is an article outlining a Trump administration official’s case for Powell to lower rates. (Forbes)
Policy: Amid renewed tariff threats and suddenly kinetic bond yields, special attention will be paid to any data set that could trigger a market reaction. (Schaeffers Research)
Policy: Federal Reserve Chair Jerome Powell met with President Donald Trump at the White House on Thursday to discuss the economic outlook, the Fed said in a statement posted on its website. (Market Watch)
Policy: Fed Chair Powell told Trump in Thursday meeting that rate decisions would be based on ‘non-political’ analysis (CNBC)
Policy: President Donald Trump may have just been deprived of a key cudgel to push his massive tax and spending agenda through Congress: the promise that tariffs would bring in hundreds of millions of dollars. (Market Watch)
Trade: What matters in U.S. and global markets today (Reuters)
Trade: Tariff-induced volatility is expected to dampen second-quarter advisory and underwriting revenue at most of Europe’s largest investment banks. Uncertainty related to US tariffs and their impact on markets, monetary policy and economic growth has dimmed the prospects for a recovery in dealmaking and IPO activity this year. (Seeking Alpha)
Trade: Stocks wandered modestly higher in a session that offered more confusion than conviction. President Trump’s signature tariffs declared illegal were immediately spun into a bureaucratic blur, then promptly paused by a federal appeals court. (Seeking Alpha)
Trade: Business owner Victor Owen Schwartz teamed up with a libertarian legal group to fight in a landmark case. (WSJ)
Trade: If a court appeal fails, the president’s advisers are considering a stopgap tariff regime. (WSJ)
Trade: Importer uncertainty ahead of the vital holiday ocean shipping season remains high, the executive director of the busiest port in the U.S. said on Thursday, as a court battle broke out over President Donald Trump’s trade tariffs. (Reuters)
Trade: CNBC’s Jim Cramer on Thursday weighed in on the legal battle surrounding President Donald Trump’s tariffs. The “Mad Money” host said the added uncertainty could give way to a positive outcome for the market. (CNBC)
Trade: A federal appeals court temporarily halted a ruling invalidating President Donald Trump’s tariffs. The decision follows a lawsuit that challenges Trump’s use of emergency powers on trade policy. (Business Insider)
Trade: Stocks seemed to have moved past tariffs worries. A lot could still go wrong. (Barrons)
Trade: A federal appeals court granted the Trump administration’s request to temporarily pause a lower-court ruling that struck down most of President Donald Trump’s tariffs. The Trump administration had told the U.S. Court of Appeals for the Federal Circuit that it might seek “emergency relief” from the Supreme Court. (CNBC)
Trade: A federal appeals court put the brakes Thursday on a lower court order that overturned most of President Trump’s sweeping tariffs. A full 11-judge panel on the US Court of Appeals for the federal circuit stayed the order by the Manhattan-based Court of International Trade while the White House appeal is heard. (New York Post)
Trade: A federal appeals court put the brakes Thursday on a lower court order that overturned most of President Trump’s sweeping tariffs. (New York Post)
Trade: President Trump claims tariffs will make the U.S. rich. A coalition of states and small businesses argued the opposite in court and dealt a blow to his trade war. (WSJ)
Trade: The Trump administration criticizes a court ruling on tariffs as “judicial overreach,” arguing it undermines U.S. trade negotiations and national security. (Fox Business)
Trade: A second federal judge has ruled against President Donald Trump’s sweeping use of emergency tariffs, intensifying the legal and political battle over one of the administration’s signature economic policies. (New York Post)
Trade: ‘Complete confusion’ as small businesses wrangle rising shipping rates and shifting trade policies. (WSJ)
Trade: A second federal court ruled President Donald Trump’s “Liberation Day” tariffs are unlawful, issuing an order Thursday delivering another blow to the Trump administration just hours after a federal trade court struck the tariffs down Wednesday night. (Forbes)
Trade: The Trump administration threatened to go to the Supreme Court as soon as Friday if a federal appeals court did not halt a ruling to block many of the president’s tariffs. (New York Post)
Trade: A federal court has blocked a swath of U.S. President Donald Trump’s tariffs, but the ruling from the Court of International Trade doesn’t affect the import taxes that he’s slapped on particular sectors — and that he’s expected to impose on other industries. (Market Watch)
Trade: President Donald Trump’s aides are lashing out at the federal trade-court judges who just struck down many of the president’s tariffs. The Trump administration asked the court to pause enforcement of their ruling while the case is on appeal. (CNBC)
Trade: The US Court blocked Trump’s IEEPA-based tariffs, sparking a sharp rally in S&P 500 futures, but the trade war is far from over. Trump has multiple legal avenues to quickly reimpose or escalate tariffs, including Section 122 and sector-based tariffs under Section 232. (Seeking Alpha)
Corporate
BankFinancial Corporation / ESSA Bancorp / Sierra Bancorp / Ames National Corporation: BankFinancial Corporation (NASDAQ:BFIN) has a Return on Invested Capital (ROIC) of 1.96% and a Weighted Average Cost of Capital (WACC) of 5.33%, resulting in a ROIC to WACC ratio of 0.37. ESSA Bancorp has a ROIC of 16.19% and a WACC of 10.28%, yielding a ROIC to WACC ratio of 1.57. Sierra Bancorp has a ROIC of 3.91% and a WACC of 12.29%, with a ROIC to WACC ratio of 0.32. Ames National Corporation has a ROIC of 56.88% and a WACC of 19.61%, resulting in a ROIC to WACC ratio of 2.90. (FMP)
Bath & Body Works (BBWI): Bath & Body Works (BBWI) reported a first-quarter adjusted EPS of $0.49, a 29% year-over-year increase, exceeding the $0.42 consensus estimate. Revenue reached $1.4 billion, up 2.9%, aligning with the high end of company guidance but slightly below the $1.42 billion Street estimate. Shares decreased over 6% intra-day. The company anticipates full-year 2025 net sales growth of 1–3% and EPS between $3.25 and $3.60, factoring in $300 million in planned share repurchases. Q2 guidance projects flat to 2% revenue growth and EPS of $0.33–$0.38. (FMP)
Best Buy: Best Buy (BBY) shares decreased by over 9% intra-day after lowering its full-year fiscal 2026 guidance. Q1 EPS was $1.15, exceeding the $1.07 consensus, while revenue declined 1% year-over-year to $8.77 billion. Comparable sales fell 0.7%, compared to a 6.1% decline last year. Gross margin remained at 23.4%. The company now forecasts 2026 EPS of $6.15–$6.30 (previously $6.20–$6.60) and revenue of $41.1–$41.9 billion (previously $41.4–$42.2 billion). Expected comparable sales are now projected to decline 1% to increase 1%, down from prior guidance of flat to 2% growth. (FMP)
Best Buy Co., Inc: Best Buy Co., Inc. (NYSE:BBY) reported an EPS of $1.15, exceeding the estimated $1.09. Revenue was $8.77 billion, falling short of the estimated $8.82 billion. The stock declined 2.3% in premarket trading. Key financial ratios include a P/E ratio of 16.48, a price-to-sales ratio of 0.36, an enterprise value to sales ratio of 0.42, an enterprise value to operating cash flow ratio of 8.40, an earnings yield of 6.07%, a debt-to-equity ratio of 1.44, and a current ratio of 1.03. The report was released on May 29, 2025. (FMP)
Burlington Stores: Burlington Stores (BURL) reported Q1 adjusted EPS of $1.67, exceeding the $1.43 consensus estimate. Revenue reached $2.5 billion, a 6% year-over-year increase, slightly below the $2.52 billion forecast. Comparable store sales were flat. For the full year 2025, Burlington maintained its adjusted EPS guidance of $8.70 to $9.30. Q2 is projected to have sales growth of 5% to 7%, comp sales growth of 0% to 2%, and adjusted EPS of $1.20 to $1.30. Approximately half of the Q1 EPS beat was attributed to favorable expense timing, expected to affect Q2 results. (FMP)
Caleres Inc.: Caleres Inc. (NYSE:CAL) reported Q1 2025 financials on May 29, 2025, with an EPS of $0.22, missing the estimated $0.37 and declining from $0.88 in Q1 2024 (a 40.54% negative surprise). Revenue was $614.2 million, a 6.8% decrease year-over-year from $659.2 million, and slightly below the $622.1 million estimate. The company has a P/E ratio of approximately 4.21, a price-to-sales ratio of 0.17, and an enterprise value to sales ratio of 0.46. Key financial ratios include an enterprise value to operating cash flow of 12.10, a debt-to-equity ratio of 1.38, and a current ratio of 1.10. (FMP)
Costco Wholesale Corporation: Loop Capital Markets upgraded Costco (NASDAQ:COST) to a “Buy” rating with a stock price of $1,004.41 on May 29, 2025. Costco is expected to report third-quarter earnings of $4.23 per share on projected quarterly revenue of $63.1 billion, up from $3.78 per share and $58.52 billion in revenue a year earlier. The stock closed at $1,013.14 on Wednesday and $1,004.41 currently, reflecting a decrease of $8.73 or -0.86% from the previous trading session; the stock traded between $1,003.50 and $1,016.63 today. Over the past year, Costco’s stock has ranged from $788.20 to $1,078.23. Costco’s market capitalization is approximately $445.64 billion, and the daily trading volume is 711,171 shares. Telsey Advisory Group maintains an Outperform rating with a price target of $1,100 as of May 8, 2025. (FMP)
Credo Technology Group Holding Ltd: Credo Technology Group Holding Ltd (NASDAQ:CRDO) is scheduled to report quarterly earnings on June 2, 2025. Analysts predict an EPS of $0.27 and revenue of approximately $159.6 million, representing a 163.2% year-over-year growth. The stock has increased by 24% in the past three months, despite a P/E ratio of 2096.01 and a price-to-sales ratio of 33.07, plus an enterprise value to sales ratio of 32.21. Credo has surpassed earnings expectations in 3 of the last 4 quarters, with an average earnings surprise of 29.7%. The company has a debt-to-equity ratio of 0.026 and a current ratio of 7.67, along with an earnings yield of 0.048%. Anticipated fiscal fourth-quarter revenues are between $155 million and $165 million. (FMP)
Diana Shipping Inc: Diana Shipping Inc. (NYSE:DSX) reported Q1 2025 earnings on May 29, 2025, with an EPS of $0.01, missing the estimated $0.02. Revenue was $54.9 million, exceeding the estimated $51.3 million. Time charter revenues decreased to $54.9 million from $57.6 million in Q1 2024. Net income was $3 million, with $1.6 million attributed to common stockholders. The company declared a cash dividend of $0.01 per common share for Q1 2025. Key financial metrics include a P/E ratio of 13.59, a price-to-sales ratio of 0.74, an enterprise value to sales ratio of 2.99, a debt-to-equity ratio of 1.26, a current ratio of 2.58, and an earnings yield of 7.36%. (FMP)
Dick’s Sporting Goods (NYSE:DKS): Bank of America Securities upgraded Dick’s Sporting Goods (NYSE:DKS) to a “Buy” on May 29, 2025, with a stock price around $179.19, which has since risen to $179.40, a 1.29% increase with a daily trading range of $175.78 – $180.96. Despite a first-quarter earnings miss, the stock is supported by over 4% comparable sales growth for five consecutive quarters, including a recent +4.8% increase. JPMorgan maintains a “Neutral” rating with a price target of $195. Dick’s Sporting Goods’ full-year earnings guidance is $13.80-$14.40 per share, with a 1%-3% comparable sales growth projection. The company’s market capitalization is approximately $14.38 billion, and its 52-week high/low are $254.60 and $166.37, respectively, with a current trading volume of 1,327,315 shares. (FMP)
Federal Realty Investment Trust (NYSE: FRT): Federal Realty Investment Trust (NYSE: FRT), established in 1962, owns and operates 103 properties comprising 27 million commercial square feet and approximately 3,100 residential units, housing around 3,500 tenants across major coastal markets like Washington, D.C., Boston, and California. The company has increased its quarterly dividends for 57 consecutive years, a record in the REIT industry. As of a recent update, BMO Capital adjusted its rating to “Outperform,” lowering the price target from $117 to $110, suggesting a potential increase of approximately 18.84% from the then-current price of $92.56. On May 26, 2025, the stock reached a high of $96.74. (FMP)
Foot Locker (NYSE:FL): Foot Locker (NYSE:FL) reported a Q1 loss per share of $0.07, exceeding the expected $0.01 loss. Revenue decreased by 4.6% year-over-year to $1.79 billion, falling short of the $1.86 billion consensus estimate. Comparable sales declined 2.6%, with a 0.5% drop in North America and an 8.5% decrease in international markets, mainly due to Foot Locker Europe’s underperformance. These results were impacted by global traffic softness. The company is progressing with its “Lace Up Plan” and anticipates a merger with Dick’s Sporting Goods. (FMP)
Foot Locker, Inc: On May 29, 2025, Foot Locker reported an earnings per share (EPS) of -$0.07, missing the estimated -$0.05 and declining from $0.22 in the same quarter last year. Revenue was $1.79 billion, falling short of the estimated $1.88 billion and representing a 4.6% year-over-year decline. The price-to-sales ratio is 0.29, and the debt-to-equity ratio is 0.96. The company completed 69 store refreshes and launched new mobile apps for Champs Sports and Kids Foot Locker. Dick’s Sporting Goods is set to acquire Foot Locker. (FMP)
Guidewire Software, Inc: Guidewire Software, Inc. (NYSE:GWRE), a software provider for the insurance sector, is scheduled to release its quarterly earnings on June 3, 2025, after market close. Wall Street analysts project an EPS of $0.46 and revenue of approximately $286.4 million. The company’s price-to-sales ratio is 16.08, enterprise value to sales ratio is 16.26, and enterprise value to operating cash flow ratio is 79.33. Financial metrics include a debt-to-equity ratio of 0.70 and a current ratio of 2.65. (FMP)
Hamilton Lane (NASDAQ:HLNE): Hamilton Lane (NASDAQ:HLNE) reported earnings per share (EPS) of $1.21 on May 29, 2025, a 0.83% surprise above the estimated $1.20, but a decrease from $1.38 in the prior year’s same quarter. Quarterly revenue reached approximately $198 million, a 12.1% year-over-year increase and exceeding the estimated $166 million by 14.07%. Financial metrics include a P/E ratio of 28.43, a debt-to-equity ratio of 0.57, a price-to-sales ratio of 12.69, an enterprise value to sales ratio of 12.76, a current ratio of 2.06, and an earnings yield of 3.52%. The company has exceeded consensus revenue estimates three times in the last four quarters. (FMP)
Hormel Foods: Hormel Foods (NYSE:HRL) reported fiscal Q2 adjusted EPS of $0.35, matching analyst forecasts, and revenue of $2.9 billion, slightly below the $2.92 billion consensus. Organic net sales grew 1%, with the Retail segment’s profit increasing by 4% despite flat sales, while the Foodservice segment experienced 4% organic sales growth but a 6% profit drop. The company narrowed its full-year organic sales growth guidance to 2–3% (previously 1–4%) and reduced its adjusted EPS forecast to $1.58–$1.68 (from $1.58–$1.72). Shares declined over 2% intra-day. (FMP)
Hormel Foods Corporation: Hormel Foods Corporation (NYSE: HRL) reported an earnings per share (EPS) of $0.35 on May 29, 2025, matching the estimated EPS but down from $0.38 in the same quarter the previous year. Quarterly revenue was $2.9 billion, slightly below the estimated $2.99 billion and up from $2.89 billion year-over-year, missing the Zacks Consensus Estimate by 0.20%. Over the last four quarters, Hormel surpassed consensus EPS estimates only once. The company anticipates growth in the second half of the fiscal year and maintains a P/E ratio of 21.50 and a debt-to-equity ratio of 0.36. (FMP)
Kohl’s (KSS): Kohl’s (KSS) Q1 adjusted EPS was -$0.13, exceeding analyst expectations of -$0.47. Revenue totaled $3 billion, surpassing the estimated $2.99 billion, despite a 4.1% year-over-year decline. Comparable sales decreased by 3.9%. Gross margin increased by 37 basis points to 39.9%, and operating income rose to $60 million from $43 million year-over-year. For fiscal 2025, Kohl’s maintained its EPS guidance of $0.10–$0.60, below the $0.67 consensus, and projected a 5–7% drop in net sales and a 4–6% decline in comparable sales. (FMP)
Li Auto Inc: Li Auto reported earnings per share of $0.33 on May 29, 2025, exceeding the estimated $0.16, with adjusted earnings per American depositary share of 0.96 yuan ($0.13). Revenue was $3.53 billion ($3.61 billion when calculated from 25.93 billion yuan) falling short of the expected $4.83 billion (or 25.28 billion yuan). The company delivered 92,864 vehicles in the first quarter, surpassing the forecast of 91,723 units. Li Auto projects delivering 123,000-128,000 vehicles in the second quarter and revenue between 32.5 billion yuan and 33.8 billion yuan. Current financial metrics show a P/E ratio of 13.77, a price-to-sales ratio of 0.72, and an enterprise value to sales ratio of 0.38. (FMP)
M&T Bank Corporation: M&T Bank Corporation (NYSE:MTB) has shown a 30-day gain of 7.73%, but a 2.19% dip over the last 10 days. The stock has a projected increase of 23.02%, with a target price of $225. It holds a Piotroski Score of 8, indicating strong financial fundamentals. (FMP)
Nvidia Corporation: Nvidia (NASDAQ:NVDA) received a “Buy” rating from Benchmark on May 29, 2025, with a stock price of approximately $138.76, later rising to $139.35, a 3.37% increase. The stock traded between $137.93 and $143.49 today, with a 52-week high of $153.13 and a low of $86.62. Nvidia’s market capitalization is approximately $3.4 trillion, with a trading volume of 312.2 million shares. The ratings and analysis highlight the company’s growth potential driven by advancements in AI and Blackwell architecture, along with strong quarterly performance, despite US export restrictions impacting China sales. (FMP)
Salesforce Inc: On May 29, 2025, Morgan Stanley reaffirmed its “Overweight” rating for Salesforce (NYSE:CRM) and raised the price target from $393 to $404. Salesforce reported Q1 fiscal 2026 sales of $9.83 billion, exceeding the consensus projection of $9.75 billion, up from $9.13 billion in the same quarter last year. Earnings were reported at $2.58 per share, exceeding the Zacks Consensus Estimate of $2.54, an improvement from $2.44 per share last year, with a 1.57% earnings surprise. Despite these results, the stock price is currently $256.40, a decrease of $19.63, or 7.11%, with daily fluctuations between $254.50 and $266.50. Over the past year, the stock has ranged from $369 to $212. Salesforce’s market capitalization is approximately $246 billion, and trading volume was 8.2 million shares. (FMP)
Starbucks Corporation: On May 29, 2025, RBC Capital downgraded Starbucks (NASDAQ: SBUX) from “Outperform” to “Sector Perform.” The stock price was $83.81 at the time of the downgrade. Currently, the stock price is $84.45, a decrease of $1.55, or approximately -1.80%, with daily fluctuations between $83.70 and $85.71. Over the past year, the stock has ranged from a high of $117.46 to a low of $71.55. Starbucks has a market capitalization of approximately $95.97 billion and a trading volume of 5,038,092 shares. TD Cowen has reported a decline in value and quality perceptions affecting Starbucks’ competitive edge. (FMP)
Starbucks Corporation: On May 29, 2025, Andrew Charles from TD Securities set a price target of $90 for Starbucks (NASDAQ:SBUX), representing a potential 7.52% increase from its current price of $83.71. The current stock price is $83.76, a 2.60% decrease or $2.24 drop, fluctuating between $83.70 and $85.70 today. Over the past year, the stock has ranged from a high of $117.46 to a low of $71.55. Starbucks’ market capitalization is approximately $95.18 billion. Trading volume is currently 4.3 million shares. (FMP)
Sun Communities, Inc.: Sun Communities, Inc. (NYSE:SUI) is a REIT with a commitment to distribute at least 90% of taxable income. Barclays set a price target of $141 on May 29, 2025, representing a potential 16.54% increase. The stock currently trades at $121.32, up $0.55 (0.46%) from the previous session. An investigation by Bronstein, Gewitz & Grossman, LLC is underway regarding securities acquired before February 28, 2019. Recent trading ranges have been between $120.72 and $122.71, with a 52-week high of $147.83 and a low of $109.22. Sun Communities has a market capitalization of approximately $15.49 billion and a trading volume of 234,269 shares. (FMP)
