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Yahoo
18 minutes ago
- Yahoo
Charter Communications, Tesla, Volkswagen: Trending Tickers
Charter Communications (CHTR) stock is plummeting after reporting a second quarter earnings miss and greater-than-expected customer losses amid competition from mobile and fiber internet providers. Tesla (TSLA) stock rebounds as the company prepares to launch robotaxis in San Francisco, according to Business Insider. However, concerns grow over reports from The Information about the company's slow production of its Optimus humanoid robots. Volkswagen (VWAGY) lowered its full-year guidance after reporting a second quarter profit decline, attributing the drop to over $1.5 billion in US tariff costs from the trade war. To watch more expert insights and analysis on the latest market action, check out more Market Catalysts here. Now time for some of today's trending tickers. We're watching Charter, Tesla, and Volkswagen. First up, Charter Communications falling after the cable company reported second quarter earnings that missed expectations. The company reported it lost more internet customers than expected during the second quarter amid increased pressure from mobile companies 5G and fiber home internet offerings. All three of the big US telecom companies been packaging their offerings of wireless phone service with 5G or fiber internet service. Those shares down 17%. Next up is Tesla. Two narratives in focus for that company today. In the first, Business Insider reporting the company will launch its robo taxis in San Francisco this weekend, which did help stem some losses for the shares this morning. They're now up more than 2%. On the flip side, however, speaking to the future of Tesla, the information is reporting some struggles in Tesla's Optimus robot production. Saying the company has only made hundreds of robots. Well, why does that matter? As the company grapples with falling auto sales, Musk has been hyping his humanoid robot as Tesla's next big product, a potential 10 trillion dollar business, and has talked about producing 5,000 of those robots this year. So they're going to have to speed it up if they're only at hundreds. Finally, Volkswagen lowering its full-year guidance and reporting a sharp drop in second quarter profit as the auto giant grapples with the costs of President Trump's trade war. Europe's biggest car maker posting second quarter sales of 80.8 billion euros that missed analyst expectations of more than 82 billion euros. The automaker said the impact of US tariffs alone cost it 1.3 billion euros in the first six months of the year.
Forbes
21 minutes ago
- Forbes
Bonmatí-Powered Spain Seeks To Overwhelm England's Grit In Euros Final
For all Spain women's pedigree, it has never won a European Championship final. Any from the free-scoring constellation might have stepped up as Spain found itself locked in a goalless European Championship semifinal against Germany on Wednesday. Even so, deep into a major tournament, which requires incision alongside all the easy-on-the-eye soccer, it's hardly surprising that Ballon d'Or holder and Barcelona star Aitana Bonmatí finally struck the winner. Indeed, the midfield orchestrator delivered the final flourish to another neat passage of play that has characterized Spain's offensive output in Switzerland. The squad has the most goals in the competition, 17, including 14 in the group stage, with Bonmatí the 10th to contribute. Spain is far from bullet-proof defensively, but this is a fun and typically rhythmic La Roja side to watch. All of which makes the world champion a largely anticipated finalist. Yet there's still great significance. Despite the explosion of Spanish women's soccer over the last decade or so, this will be its first Euros final. And it will face England—a repeat of the World Cup finale in 2023, when ex-federation president Luis Rubiales' actions after full time marred the achievement. Montse Tomé is the attentive personality spurring the current crop on from the sidelines. A former Barcelona player, she was previously trainer Jorge Vilda's right-hand woman and became the first female to take the head coach role back in 2023. Blessed with some of the best players on the planet, she's already won the Women's Nations League, but it will be interesting to see whether England can disrupt her selection from dictating the terms (which it has for most of the tournament) on Sunday. Both of the head coaches for the Euros final are women—Spain's Tomé (pictured) and England's ... More Wiegman. England Bring Plenty Of Fight England reaching the showpiece game was also a realistic expectation. It's the fifth straight occasion that Lionesses' head coach Sarina Wiegman—previously at the wheel of her native Netherlands—has dragged a side to the final of a tournament. Meanwhile, Spain and England, the latter reigning champion from Euro 2021, boast athletes with the highest market values in the tournament by some distance, according to Off The Pitch. Be that as it may, England's resolve has been the difference so far, needing to recover from a defeat against France at the beginning and from deficits to Sweden and Italy in the knockout rounds, both involving late goals. Epitomizing that, and helping England get over the line, is teenager Michelle Agyemang. She's gone from the outskirts at Arsenal, even a ball girl for Wiegman's England, to a warrior-esque scorer from the bench—all while tinkling the ivories on the piano she brought to Switzerland. Ahead of the final, full-back Lucy Bronze says, 'I don't think you'll find a team in world football with more fight and more resilience than this England team.' On the evidence to hand, who's to argue with her? Still, England will need to raise its game as well as maintain its stubbornness against Spain, which has the steel to match; Bonmatí was hospitalized with viral meningitis shortly before the competition started. In terms of complete play, Spain—equipped with dynamos such as Bonmatí, Alexia Putellas, and the brilliant Claùdia Pina—has the edge. Given the opponents' resilience and a chink of weakness in the backline, it will require that firepower, and more in reserve, to prosper in the showdown.
Yahoo
22 minutes ago
- Yahoo
Volkswagen issues profit warning as Q2 profit drops by a third
The Volkswagen Group on Friday reported a drop in second quarter net profit, weighed down by weak performance at its premium brands Porsche and Audi, high costs from increased US import tariffs, and higher sales of lower-margin electric models. The German carmaker posted net profit of €2.29 billion ($2.7 billion), down about third from a year earlier. Operating profit fell around 29% to €3.83 billion, resulting in an operating margin of 4.7%, in line with analyst expectations. Revenue declined 3% to €80.6 billion, despite slightly higher vehicle deliveries. Volkswagen warned of lower full-year profitability, citing weaknesses at Porsche and Audi as well as tariffs on imports to the United States. President Donald Trump has imposed a 25% levy on auto imports in a bid to boost the domestic industry. Europe's largest carmaker now expects an operating margin of between 4% and 5%, down from a previous forecast of 5.5% to 6.5%. Analysts had already predicted margins below 5%. Chief executive Oliver Blume also trimmed the revenue outlook, now expecting flat sales versus last year rather than growth of up to 5%. Sign in to access your portfolio
