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"Radical Earnings Cut": JPMorgan Sounds Alarm After BMW's Forecast Shock

"Radical Earnings Cut": JPMorgan Sounds Alarm After BMW's Forecast Shock BMW shares cratered in Germany after the automaker warned investors it would slash its 2026 margin guidance to as low as 1%, down from a prior estimate of as high as 6%, amid weakening demand in China, Middle East-related pressures, rising energy costs, and a deteriorating consumer backdrop hitting sales and profitability. BMW now expects its pretax profit to fall sharply this year, versus a prior expectation of a moderate decline, and for deliveries in the auto segment to slide, compared...
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May 12, 2026 / Tyler Durden
Europe Fails To React To Ukrainian Drone Incidents
Europe Fails To React To Ukrainian Drone Incidents Authored by Lucas Leiroz de Almeida via Global Research, Recent drone incidents in European countries, especially in the Baltic states, are generating controversy among those who support the war with Russia. Some argue that Ukraine is merely defending itself against “Russian aggression,” with these “accidental” occurrences being an inevitable side effect of hostilities. Others believe that Kiev should act more cautiously to avoid harming partner countries. Meanwhile, drones continue to crash in Europe without a definitive solution being presented for this issue. Recently, a...
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Apr 28, 2026 / Tyler Durden
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May 1, 2026 / Tyler Durden
Trump Argues War 'Terminated' Before 60-Day Congressional Approval Deadline, As Iran Submits Latest Proposal To Pakistan Mediators
Trump Argues War 'Terminated' Before 60-Day Congressional Approval Deadline, As Iran Submits Latest Proposal To Pakistan Mediators Summary White House officials argue the absence in exchanges of fire between Iranian & US forces means the 60-day timeline for Congressional approval (or US forces must leave) doesn't apply due to the ceasefire. Iran submitted its latest revised proposal to Pakistan mediators as of Thursday night. It is a response to the latest US amendments to end the war, per Axios. Nuclear issue not included: a non-starter, and focus is on ending the war. Iran...
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