Tuesday:
$TMV (-1,56%) TeamViewer lowers its revenue forecast; the stock price plunges by over 20%. Instead of slight growth, a slight decline in revenue is expected. However, the forecast comes at a time of fragile investor confidence. TeamViewer’s profit rose by 25%. Debt is being steadily reduced, so the interest burden is also likely to decline. In addition, business with the AI platform One is off to a good start.
$BAYN (-0,11%) Bayer was able to significantly increase its operating profit thanks to surprising growth in the pharmaceuticals division. EBITDA rose by 6.9% to over $10.05 billion. The company also raised its forecast for the operating margin.
Wednesday:
Elon Musk has backed the Republicans. Consequently, following the bitter election defeat, his companies $SPCX (+10,35%) SpaceX and Tesla are being punished on the stock market. This could result in delays for new data centers as well as fewer government contracts.
Thursday:
$NEM (-4,6%) Nemetschek’s organic growth fell slightly short of expectations, which did not go over well on the stock market. Growth came in at just 12.5% instead of 13.6%. Earnings per share, at 0.59 euros, were also slightly below expectations.