Podcast summary: European Q1 earnings in focus

About this episode

The episode discusses Q1 earnings from major companies and the impact of geopolitical events on the market.

Nestlé and Heineken both post Q1 earnings beats with LSEG and Roche results out today as well. Tesla also beats in the first quarter however it misses its revenue target and hikes capex expenditure. CEO Elon Musk says his latest mass chip-building project, Terafab, will use Intel’s latest technology, pushing the company’s shares higher in after-hours trade. European futures are firmly in the red, following Asian market moves despite another record session Stateside. Iran seizes two more ships in the Strait of Hormuz, dashing hopes of further peace talks. Oil prices move up, with Brent once again over the $100-mark.   See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info .

Topics covered

• European earnings
• Tesla earnings
• oil prices
• market analysis
• geopolitical events

Keywords

• Nestlé
• Heineken
• Tesla
• Elon Musk
• oil prices
• Strait of Hormuz
• European markets

Mentioned in this episode

Organizations: Nestlé, Heineken, LSEG, Roche, Tesla, Intel

Places: Strait of Hormuz, Iran

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