Adnoc Drilling second quarter profit rises
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CNBC
30 minutes ago
- CNBC
European markets head for broadly higher open as earnings deluge continues
The Millennium Bridge in London, on July 4, 2025. Jonathan Brady - Pa Images | Pa Images | Getty Images Good morning from London, and welcome to CNBC's live blog covering all the action and business news in European financial markets on Thursday. Futures data from IG suggest a broadly positive open for European indexes, with London's FTSE 100 seen opening 0.1% higher, France's CAC 40 unchanged, Germany's DAX up 0.2%, and Italy's FTSE MIB 0.3% higher. European markets closed in mixed territory Wednesday, with sectors diverging as second-quarter earnings season ramped up. There will be more earnings today, with Unilever , Shell , Anheuser-Busch Inbev, London Stock Exchange Group , BMW , Anglo American , SocGen , Renault , AF-KLM , Euronext, Sanofi, Credit Agricole and ArcelorMittal among the heavyweight regional companies that are due to report. On the data front, French, German and Italian inflation data is due, as are the latest German and EU unemployment figures. — Holly Ellyatt
Yahoo
2 hours ago
- Yahoo
AeroVironment, Inc. (AVAV) Has A Good Gun, Says Jim Cramer
We recently published . AeroVironment, Inc. (NASDAQ:AVAV) is one of the stocks Jim Cramer recently discussed. AeroVironment, Inc. (NASDAQ:AVAV) is a defense contractor that operates primarily in the uncrewed aerial vehicles (UAV) market. Also called drones, this is one of the hottest segments of the global defense industry. In this show, Cramer commented on the growing use of drones and pointed out that a large part of the Pentagon's costs are driven by fighter jet and bomber pilots. The CNBC TV host explained that triple redundancies in such systems drove up costs, and drones might help in reducing the costs and keeping military personnel safe from the risk of shootdowns. As for AeroVironment, Inc. (NASDAQ:AVAV), he outlined a cost-effective weapon to shoot drones: 'Also Wahid Nawabi was on Mad Money. Now he is the CEO of Aerovironment. And they have a gun that shoots 'em down. And it's a couple of pennies. So that's the hope.' Copyright: zabelin / 123RF Stock Photo Previously, the CNBC host discussed AeroVironment, Inc. (NASDAQ:AVAV)'s share price performance in an idea-driven market: 'We are in an idea-driven market and in an idea-driven market I go out with AeroVironment at 190 and then it goes to 290 because I mentioned it in the Mad Dash and then they're able to do a financing.' While we acknowledge the potential of AVAV as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an extremely cheap AI stock that is also a major beneficiary of Trump tariffs and onshoring, see our free report on the . READ NEXT: 30 Stocks That Should Double in 3 Years and 11 Hidden AI Stocks to Buy Right Now. Disclosure: None. This article is originally published at Insider Monkey. Sign in to access your portfolio
Wall Street Journal
3 hours ago
- Wall Street Journal
Bessent: EU Tariff Rate Could Change if Bloc Doesn't Keep Up Deal
Treasury Secretary Scott Bessent said the government would be closely monitoring whether the European Union invests $600 billion in the U.S., which was part of a trade deal reached this weekend. 'On paper this is the deal of the century, and I would be surprised over time if the EU doesn't hold up their end of the bargain,' Bessent said during a CNBC interview Tuesday. 'The 15% tariff rate could change.' He said the $600 billion investment could include agricultural purchases or EU companies investing in opening factories in the U.S.
