Super Micro, Starbucks, Snap, GSK and Aston Martin

The server maker Super Micro (SMCI) fell almost 16%in the pre -market trade on Wednesday, after publishing disappointing preliminary results of the third quarter.

In his business update on Tuesday, Super Micro said that some delayed decisions for the customer platform shifted sales in the fourth quarter in the third quarter.

Read more: FTSE 100 LIVE: London Flat, European shares increase with the most important income on deck

In addition, the company said that the net turnover of USD 4.5 billion (3.4 billion GBP) would be $ 4.6 billion, which is due to $ 5 billion to $ 6 billion.

In the meantime, the result was expected to be between $ 0.16 and 0.17 per share, which is due to a previous forecast from USD 0.53.

Jim Reid, market strategist at Deutsche Bank, said: “This is a company that was a favorite of the AI world and reached around 118 in early 2024 and is probably opened today in the low 30s.”

Nasdaqgs – delayed quote USD

The results of the Coffee Shop chain Starbucks (SBUX) also disappointed the expectations of Wall Street, whereby the shares in the pre-market trade have dropped by 7% on Wednesday.

The net turnover of $ 8.76 billion for the second missed estimates of $ 8.83 billion, while adjusted profit was also under $ 0.49 per share of $ 0.49.

Read more: Oil prices for the largest monthly fall since 2021

This comes when Brian Niccol, CEO von Starbucks, wants to turn around the company, including accelerating the service and the reduction of his menu to concentrate on core coffee products.

Niccol recognized the dilapidated results and said: “Our Q2 results are disappointing”, but added that “we made a lot of progress behind the scenes and have a real dynamic with our” Back to Starbucks “.

“My optimism has developed to trust that our back to Starbucks is the right strategy to turn the business over and promote opportunities,” he said.

Nasdaqgs – delayed quote USD

Another share that fell strongly on Wednesday was the social media platform SNAP (SNAP), which fell almost 14% after hours.

On Tuesday, Snap generated sales of USD 1.36 billion in the first quarter, which corresponds to expectations, as well as the daily active number of users of 460 million.

Shares: Create your watchlist and portfolio

The adapted result before interest, taxes, depreciation and amortization of $ 108.4 million was in front of a Bloomberg consensus estimate of USD 65.4 million.

However, Snap rejected it to give instructions in the second quarter and said it was “headwind to start the current quarter”.

NYSE – Delayed Quote USD

In the British market, the shares of the pharmaceutical company GSK (GSK.L) increased by more than 4%compared to the results of the first quarter.

GSK achieved a turnover of 7.5 billion GBP (USD 10 billion) in the first quarter, which rose by 4%, while the result rose by 56% per share to 39.7 pence.

In 2025, the company continues to expect sales growth of 3% to 5% and nuclear growth of 6% to 8% and the core profit per share of 6% to 8%.

Read more: Shares that tend today

Sheena Berry, analyst in the healthcare system at Quilter Cheviot, said that GSK “delivered a solid quarter of growth”.

“As with his colleagues, however, investors are currently most interested in the effects that every potential tariff regime can have on the company,” she said. “GSK has tried to insure the market that can withstand any pressure, be able to bring the tariffs with you, and is actually well positioned to react. The group has identified reduction options in the supply chain and the productivity initiatives should be implemented sector -specific tariffs.

“That means what is finally implemented, if at all, is an installment game, and the full effect will not be known in this phase, but it is gratifying that GSK takes the potential risk seriously and is after options for the storm.”

On the FTSE 250 (^ftmc), the shares of Aston Martin (AML.L) rose by 1.7%on Wednesday morning, after the fighting luxury automobile manufacturer provided the results in the first quarter that matched instructions.

Aston Martin achieved sales in the first quarter of 233.9 million

Adrian Hallmark, CEO of Aston Martin, said that the company has “carefully monitored the developing US tariff situation and currently restrict imports to the United States while we use the stocks held by our US dealers.

Read more: Barclay's profit voltage increases more than expected because the investment banking business thrives

Despite the global economic uncertainty, Aston Martin kept his 2025 guidelines unchanged and said that this year it is expected to be “considerable improvements in all important relevant performance metrics”.

Aarin Chiekrie, Equity -Analyst at Hargreaves Lansdown, said: “Aston Martin continues to burn cash on the way to redemption, and there is great hopes that the publication of his Valhalla super sports car can return to profitability in the second half. Liquidity measurement. Another 125 million GBP money.

“But when things are standing, Aston Martin burns his cash resources, with the losses expanding in the first quarter,” he added. “The net debt stack is also growing with a large part of these double -digit interest rates, which means that the group is fighting a hard fight.”

Visa (V)

Barclays (barc.l)

Glencore (Glen.l)

Next (NXT.L)

Taylor Wimpey (T.L)

Robinhood (hood)

Read more:

Download the Yahoo Finance app that is available Apple And Android.

Leave a Comment Cancel reply