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Accenture beats expectations but warns of federal spending headwinds
Invezz· 2025-09-25 12:48
Core Insights - Accenture Plc reported stronger-than-expected fourth-quarter results, indicating resilience amid investor concerns regarding federal spending cuts and a broader slowdown in the consulting sector [1] Company Performance - The fourth-quarter results exceeded market expectations, showcasing the company's ability to navigate challenging economic conditions [1] Industry Context - The consulting sector is experiencing a slowdown, yet Accenture's performance suggests it is managing to maintain stability despite these industry-wide challenges [1]
Starbucks to close stores, cut 900 jobs in $1B restructuring
Invezz· 2025-09-25 12:13
Starbucks Corp. on Thursday announced it will close stores and eliminate 900 positions as part of a $1 billion restructuring initiative aimed at revitalising the coffee chain under Chief Executive Off... ...
How a US government shutdown would impact the Fed, markets and your money
Invezz· 2025-09-25 12:02
Group 1 - The article highlights the increasing risk of a partial US government shutdown due to a deepening political impasse between congressional Democrats and Republicans [1] - The potential shutdown is expected to cast a long and anxious shadow over the nation's financial markets, indicating a heightened level of uncertainty for investors [1]
SAP under EU antitrust probe for ERP maintenance practices
Invezz· 2025-09-25 11:14
Core Viewpoint - The European Union has initiated an investigation into SAP SE to determine if the company has engaged in anti-competitive practices in the market for on-premise maintenance and support services [1] Group 1 - The investigation focuses on whether SAP SE restricted competition in its service offerings related to on-premise software [1]
H&M shares surge on profit beat but analysts flag margin risks and tariff headwinds
Invezz· 2025-09-25 09:33
Core Insights - Hennes & Mauritz reported stronger-than-expected third-quarter earnings, indicating positive momentum in its turnaround strategy [1] Financial Performance - The company's third-quarter earnings exceeded market expectations, leading to a significant increase in its share price [1] Market Reaction - Investors reacted positively to the earnings report, reflecting confidence in the retailer's ongoing recovery efforts [1]
SSP Group shares jump as hedge fund Irenic reportedly explores take-private deal
Invezz· 2025-09-25 09:03
Core Viewpoint - Shares of SSP Group experienced a significant increase following a report from the Financial Times indicating that activist hedge fund Irenic Capital Management is considering a potential take-private deal for the UK-listed food and beverage company [1] Group 1 - The report suggests that Irenic Capital Management is actively exploring options to take SSP Group private, which has led to a sharp rise in the company's share price [1] - The involvement of an activist hedge fund typically indicates a strategic shift or potential restructuring aimed at enhancing shareholder value [1]
Here's why the BT Group share price is crashing and what next
Invezz· 2025-09-25 08:17
BT Group share price has crashed in the past few weeks, moving from the year-to-date high of 218p to the current 194p. It has moved to the lowest level since July 24 this year, but is still up by over... ...
Copper prices soar as Grasberg mine disaster hits supply
Invezz· 2025-09-25 06:29
Global copper markets were hit hard after Freeport-McMoRan Inc. declared force majeure at its Grasberg mine in Indonesia, the world's second-largest copper operation. A massive mud flow led to the dea... ...
Why Europe is ditching Tesla and switching to BYD?
Invezz· 2025-09-25 05:04
Core Insights - BYD has surpassed Tesla in the European Union electric vehicle market for the second consecutive month, indicating a significant shift in market dynamics [1] - In August 2025, BYD sold over 13,500 vehicles, showcasing its growing presence and competitiveness in the EV sector [1] Company Performance - BYD's sales performance in August 2025 reflects a strong demand for its electric vehicles, contributing to its lead over Tesla in the EU market [1] - The sales figures suggest that BYD is effectively challenging the previously dominant position held by Tesla in the electric vehicle segment [1] Market Dynamics - The shift in market leadership from Tesla to BYD highlights the increasing competition within the electric vehicle industry in Europe [1] - This development may signal a changing landscape for electric vehicle manufacturers, as new players like BYD gain traction [1]
TSMC leverages AI to build next-gen chips up to 10× more energy efficient
Invezz· 2025-09-25 02:25
TSMC, the world's leading semiconductor manufacturer, has unveiled a groundbreaking initiative leveraging artificial intelligence to design next-generation chips that are up to ten times more energy e... ...