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14.05.26 - 17:06
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StubHub, Viking Holdings Rise on Q1 Earnings | Stock Movers (Bloomberg)
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On this episode of Stock Movers with Alexis Christoforous:
- StubHub (STUB) shares are rising after the ticketing company reported better-than-expected first quarter results and reiterated its annual forecast. Morgan Stanley analyst notes that gross merchandise sales (GMS) and revenue should improve in the second half of the year.
- Viking Holdings (VIK) shares are rallying after the cruise-line operator reported first-quarter yields above estimates. Analysts cited “impressive” 2027 bookings and executive management changes that helped remove an overhang.
- Watches of Switzerland (WOSGF) shares are higher and are trading at the highest since early 2024, after the watch retailer said annual adjusted Ebit will be ahead of its previous guidance. Analysts see the confident outlook for FY27 should lift consensus estimates, while Barclays hiked its price target on the stock to a new Street-high. (Source: Bloomberg)...
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06.11.25 - 14:06
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Supreme Court Trump Tariff Doubt, Watches of Switzerland Results Impress | The Opening Trade 11/6 (Bloomberg)
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President Donald Trump's use of broad powers to impose his signature tariffs faced a barrage of skeptical questions at the Supreme Court on Wednesday that signal it may be ready to intervene. Businesses and countries suffering from the duties and looking for resolution, though, are set for months of uncertainty whatever happens.
Watches of Switzerland shares jumped, climbing to a four-month high, after the watch retailer delivered better topline growth than anticipated in the first half thanks to a strong performance in the US.
The Opening Trade has everything you need to know as markets open across Europe. With analysis you won't find anywhere else, we break down the biggest stories of the day and speak to top guests who have skin in the game. Hosted by Anna Edwards, Guy Johnson and Kriti Gupta.
(Source: Bloomberg)...
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