Ares Q4 EPS $1.45 Misses; Revenue Drops 28%
Ares Q4 EPS $1.45 missed estimates while revenue fell about 28%. Read what investors will watch on the earnings call and the market reaction that followed.
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US GDP grew 3.0% annualised in Q2 as consumer spending and business investment rose, the Commerce Department said. Inflation eased but stayed above 2%.
Ares Q4 EPS $1.45 missed estimates while revenue fell about 28%. Read what investors will watch on the earnings call and the market reaction that followed.
EU officials met in Budapest to seek release of about €17 billion in frozen EU funds as Hungary balances Chinese investment, loans and rule-of-law reforms.
Ukraine struck the Perm oil hub twice, hitting a Transneft pumping station and Lukoil's AVT-4 unit, disrupting refining and fuel flows nationwide.
137 Ventures closed $700 million across two funds to back startups and provide employee liquidity as SpaceX readies an IPO, affecting secondary markets.
Eli Lilly beat Q1 estimates with $19.8B revenue and $8.55 EPS, raising 2026 guidance to $82-85B. Mounjaro and Zepbound volumes offset US price drops.
Shapoorji Porteast raised Rs286bn via three-year private debentures at 19.75%, secured by pledged shares and assets, and drew global institutional investors.
Adani Enterprises posted a Q4 consolidated loss of ₹221 crore as costs, depreciation and impairments rose faster than revenue. Board approved a fundraise and dividend.
IMF raises China growth forecast to 5.0% in 2025 and 4.5% in 2026, warns of unusually weak inflation and urges faster policy steps to lift domestic demand.
European high-yield borrowers issued €11.5bn of fixed-rate bonds, swapping floating loans for cheaper long-term debt and reshaping investor demand.
Cosco profit halves in Q3 2025, with net income down 55% to CNY9.5bn as weaker freight rates, softer demand and the end of frontloading reduced revenue.
Blue Owl shares fell about 52% as liquidity stress in semi-liquid private credit and cuts to 2026-27 earnings estimates raise risks to fee growth.
Trichet warns secondary inflation effects could entrench price rises, forcing central banks to keep rates high and complicating recovery amid shocks.
Spain's inflation rose to 3.4% in March, while core inflation hit 2.9% as energy and services pushed prices up. BBVA Research sees April at 3.6%-3.7%.
China's largest state-owned banks reported modest Q1 profit gains, with ICBC, Agricultural Bank and Bank of Communications up 3-4% amid fiscal stimulus.
Sinopec's Q1 net profit fell 28% to CNY13.3bn as lower crude prices and inventory writedowns hit refining and chemicals, prompting a cut in planned capex.
CATL IPO in Hong Kong aims to raise more than $5 billion. Top U.S. banks are underwriting as the DoD 1260H listing and Washington scrutiny grow.
Coca-Cola Q1 preview: analysts expect $0.81 EPS and $12.24B. Investors will watch volumes, pricing and premium vs budget brands as demand indicators.
UK 10-year gilt yield rose to ~5.08%, lifting borrowing costs to 2008 levels as Middle East tensions push oil up. Markets expect further BoE hikes in 2026.
Ping An reported RMB143,773m net profit excluding non-recurring items for 2025, up 22.5%. Total cash dividends are RMB48,891m; final dividend RMB1.75/share
Oil at $115 amid the Iran war has notably prompted forecasters and the EIA to rework 2026 outlooks as Strait of Hormuz supply risks push prices higher.
Seven major central banks paused policy this week while warning that higher oil prices tied to the Iran war could lift inflation and slow growth.
Dubai home prices fall 5.9% in March; sales plunged nearly 20% to 37.2bn dirhams, ValuStrat and REIDIN say, citing regional conflict, holiday seasonality and rain.
China Hongqiao plans to place 400m shares at HK$29.20 to raise HK$11.68B (US$1.5B). Proceeds will fund projects and cut debt amid a strong aluminium rally.
CATL is weighing a Hong Kong share sale of up to $5 billion and may issue convertible bonds to capitalise on a post-listing rally and fund expansion.