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EssilorLuxottica Shares Gain as Smartglasses Promise Rosy Future
WSJ· 2026-02-12 09:26
Group 1 - The company behind the Ray-Ban and Oakley brands anticipates that booming demand for smartglasses will significantly drive revenue growth in the coming years [1]
Grab Hopes to Begin $500 Million Share-Buyback Program Soon, Says CFO
WSJ· 2026-02-12 09:16
Core Viewpoint - SoftBank-backed ride-hailing firm Grab plans to initiate a $500 million share buyback to enhance shareholder returns [1] Group 1 - The CFO of Grab expressed optimism about the upcoming share buyback program [1] - The company aims to continue delivering returns to its shareholders through this initiative [1]
IEA Expects Oil Supply to Rebound After U.S. Winter Storm Slashed Output
WSJ· 2026-02-12 09:13
Core Insights - Global supply is projected to grow by 2.4 million barrels a day this year, indicating a significant increase in oil production [1] Group 1: Supply Growth - The growth in global oil supply is evenly split between OPEC+ and non-OPEC+ producers, highlighting a collaborative effort in the market [1]
Nissan Motor Projects $4.2 Billion Annual Loss on Restructuring Costs
WSJ· 2026-02-12 09:11
Core Insights - The Japanese carmaker reported a net loss of 28.3 billion yen, which is approximately $184.6 million, for the three months ending in December [1] Financial Performance - The net loss of 28.3 billion yen indicates a significant financial challenge for the company during this period [1]
Lenovo Posts Earnings Beat on AI-Driven Demand
WSJ· 2026-02-12 08:57
Core Insights - The world's largest personal-computer maker achieved double-digit revenue growth in its third quarter, driven by solid device sales and a boost in AI server revenue [1] Group 1 - The company maintained strong performance in device sales, contributing to overall revenue growth [1] - AI server revenue showed significant strengthening, indicating a growing demand in this segment [1]
Stock Market Today: Dow Futures Rise Ahead of More Earnings
WSJ· 2026-02-12 08:39
Core Insights - Results are expected from Airbnb, Applied Materials, and Coinbase, indicating significant upcoming financial disclosures that may impact their respective industries and stock performance [1] Group 1: Company-Specific Insights - Airbnb is set to release its financial results, which will provide insights into its recovery trajectory post-pandemic and the overall health of the travel and hospitality sector [1] - Applied Materials is anticipated to report its earnings, which will shed light on the semiconductor industry's current state and future outlook, particularly in relation to technology demand [1] - Coinbase's upcoming results will be crucial for understanding the cryptocurrency market's dynamics and the company's performance amidst regulatory challenges and market volatility [1]
Samsung Begins Shipments of HBM4 Products
WSJ· 2026-02-12 08:22
Core Viewpoint - The South Korean technology giant has announced that it is the world's first company to mass produce and ship the industry's highest-performance HBM4 products [1] Company Summary - The company is recognized for its leadership in the production of high-performance memory products, specifically HBM4 [1] Industry Summary - The announcement signifies a significant advancement in the memory technology industry, highlighting the company's innovative capabilities and competitive edge [1]
Unilever Profit Rises Amid Strategic Shift
WSJ· 2026-02-12 08:05
Core Insights - The company reported a net profit of €9.47 billion in 2025, an increase from €5.7 billion in the previous year, indicating a significant improvement in financial performance as it continues to reshape its business [1] Financial Performance - Net profit for 2025 reached €9.47 billion, reflecting a growth of €3.77 billion compared to €5.7 billion in 2024, which represents an increase of approximately 66.1% [1] Business Strategy - The company is actively engaged in reshaping its business, which is likely contributing to the improved financial results [1]
Hermes' Sales Continue to Grow at Year-End
WSJ· 2026-02-12 07:54
Core Insights - The luxury company experienced a 9.8% increase in fourth-quarter revenue, indicating a positive trend in the luxury market and suggesting a potential sustained rebound in the sector this year [1] Company Performance - The reported revenue growth of 9.8% in the fourth quarter reflects strong consumer demand and optimism within the luxury segment [1] Industry Outlook - There are hopes for a sustained luxury rebound in the current year, driven by increasing consumer confidence and spending in the luxury sector [1]
British American Tobacco Posts Pretax Profit Jump
WSJ· 2026-02-12 07:43
Core Viewpoint - British American Tobacco experienced a significant increase in pretax profit driven by the rising demand for vapor and other smokeless products [1] Company Summary - The company reported a notable growth in pretax profit, indicating strong performance in its product segments [1] - The demand for vapor and smokeless products continues to rise, suggesting a shift in consumer preferences towards these alternatives [1] Industry Summary - The overall market for vapor and smokeless products is expanding, reflecting changing trends in the tobacco industry [1] - The growth in this segment may indicate a broader industry shift away from traditional smoking products [1]