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Philip Morris shares fell 1.4% in pre-market trading after the company lowered its annual profit forecast.

2026-06-02

Philip Morris shares fell 1.4% in pre-market trading after the company lowered its annual profit forecast.

Other News
2026-06-02

Hewlett Packard Enterprise (HPE) raised annual sales guidance above estimates, saying demand for its servers and networking products has surged and should continue into next year. In its fiscal Q2 2026 results HPE said revenue for the year ending Oct

Hewlett Packard Enterprise (HPE) raised annual sales guidance above estimates, saying demand for its servers and networking products has surged and should continue into next year. In its fiscal Q2 2026 results HPE said revenue for the year ending October 2026 is expected to rise about 31% and revenue for the year ending October 2027 about 10%, versus analysts’ prior forecasts of 19% and 5.3%. The stock jumped roughly 30% in after-hours trading. Last week’s blowout results from rival Dell had already lifted sector sentiment; HPE is a key hardware beneficiary of AI training and deployment demand.
2026-06-02

Rabobank maintains its forecast that the European Central Bank will raise interest rates by 25 basis points next week. It expects the ECB to significantly raise its own inflation forecasts, while economic growth is likely to be weaker than its March

Rabobank maintains its forecast that the European Central Bank will raise interest rates by 25 basis points next week. It expects the ECB to significantly raise its own inflation forecasts, while economic growth is likely to be weaker than its March projections.
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