3 Unprofitable Stocks with Questionable Fundamentals
Running at a loss can be a red flag. Many of these businesses face mounting challenges as competition increases and funding becomes harder to secure.
Running at a loss can be a red flag. Many of these businesses face mounting challenges as competition increases and funding becomes harder to secure.
LONDON (Reuters) -Hedge funds are fleeing the stocks of companies that provide discretionary items and services consumers want but do not need, in a sign they anticipate an economic downturn, a Goldman Sachs prime brokerage note showed. Hedge funds dumped long positions last week in consumer discretionary and it is the most net sold stock sector this year, said the note to clients seen by Reuters on Tuesday and published Friday. "Hedge funds dumping consumer discretionary stocks strongly suggests they’re bracing for economic trouble, likely a recession," Bruno Schneller, managing director at Erlen Capital Management, said.
(Bloomberg) -- US President Donald Trump’s policy shocks are tilting risk sentiment in favor of emerging-market equities, leading to their biggest outperformance in 16 years over US stocks as investors focus on local growth and earnings.Most Read from BloombergDOGE Visits National Gallery of Art to Discuss Museum’s Legal StatusTrump Gives New York ‘One Last Chance’ to End Congestion FeeTrump Administration Takes Over New York Penn Station RevampThe Racial Wealth Gap Is Not Just About MoneyThe MS
As big tech companies kick off quarterly earnings season this week, the industry’s bellwether companies have been thrust into a cauldron of uncertainty.View on euronews
PARIS (Reuters) -The Paris court of appeals ruled on Tuesday the French market watchdog must reconsider whether a mandatory buyout offer is or was necessary when the former media conglomerate Vivendi completed its multibillion-euro split last year. Last December Vivendi spun off its Canal+, Louis Hachette and Havas businesses, which are now listed as standalone companies in London, Paris and Amsterdam respectively. The breakup was championed by Vivendi's largest shareholder Bollore SE, the holding company of French billionaire Vincent Bollore.
Shares of the financial insights company, best known for rating the creditworthiness of corporate and government bonds, fell 2% before the opening bell. The forecast cut comes as fears of disruption from fluctuating U.S. trade policy have led companies to pause debt issuance. In the reported quarter, however, profit attributable to the company grew 8% to $625 million, or $3.46 per share, compared with $577 million, or $3.15 per share, a year ago.
Satellite communications provider reported Q1 CY2025 results topping the market’s revenue expectations, with sales up 5.4% year on year to $214.9 million. Its GAAP profit of $0.27 per share was 27% above analysts’ consensus estimates.
Verizon Communications stock fell Tuesday after a wider-than-estimated drop in phone subscribers outweighed first-quarter results that topped analysts' expectations.
Security and aerospace company Northrop Grumman (NYSE:NOC) missed Wall Street’s revenue expectations in Q1 CY2025, with sales falling 6.6% year on year to $9.47 billion. On the other hand, the company’s outlook for the full year was close to analysts’ estimates with revenue guided to $42.25 billion at the midpoint. Its GAAP profit of $3.32 per share was 46.7% below analysts’ consensus estimates.