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us tech stocks face pressure as earnings reports and economic data emerge

US tech stocks faced pressure as Alphabet's shares dropped over 8% following disappointing cloud earnings, while AMD fell nearly 10% amid concerns over its AI processor competitiveness against Nvidia. In contrast, Broadcom rose 4% due to its ties with Alphabet. The dollar weakened amid geopolitical uncertainties and mixed economic data, while gold prices reached a record high.

swiss equities decline as UBS shares slump amid financial market uncertainty

Swiss equities faced a downturn, with the SMI index dropping 0.57% to 12,475.49 points, primarily due to a 7.1% decline in UBS shares amid capital concerns despite positive results. The market remains volatile, influenced by ongoing tariff disputes, particularly with China. Notable losers included Swatch (-3.2%) and Sonova (-3.4%), while Medacta stood out with an 11% gain following strong sales figures.

swiss stock market declines amid escalating trade war tensions

The Swiss stock market is under pressure due to escalating trade tensions following the US tariffs on imports from China, Canada, and Mexico. The Swiss Market Index (SMI) fell 0.61%, with only six of the thirty leading stocks gaining, while UBS saw a significant drop of 5.8% amid profit-taking. Analysts warn of potential broader customs barriers as China retaliates with its own tariffs and a complaint to the WTO.

Swiss stock market declines as UBS and Sonova shares fall sharply

The Swiss stock market faced a downturn, with the SMI index dropping below 12,500, primarily due to a significant decline in UBS shares amid capital concerns. While some companies like Lonza and Medacta saw gains, others, including Swatch and Sonova, struggled as uncertainty from international tariff disputes continued to weigh on investor sentiment.

global markets decline as trump tariffs raise economic concerns

The Swiss stock market closed lower, with the SMI down 0.40% amid global concerns over Donald Trump's new tariffs on key trading partners, which investors fear could harm the economy. While the services sector in Switzerland showed growth, manufacturing faced significant challenges, leading to workforce cuts. Notable stock movements included Julius Bär dropping 12.7% and Lonza rising 2.7%.

Swiss stock market gains appeal with conservative pharmaceutical and food stocks

The Swiss stock market is currently appealing due to conservative stocks in the pharmaceutical and food sectors, as investors seek defensive positions amid rising market volatility. The impact of renewed trade disputes remains uncertain, but large companies are better equipped to navigate potential tariffs compared to SMEs. The Swiss National Bank will closely monitor the franc's status as a safe haven, adjusting its policies as necessary.

ubs maintains neutral rating for nestle with target price of 80 francs

UBS has maintained a "Neutral" rating for Nestlé, setting a target price of 80 francs. Analyst Guillaume Delmas noted that, aside from Beiersdorf and Reckitt, most European food and consumer goods companies rely on local suppliers, with over 90% of Nestlé's US products produced domestically.

Nestlé's diverse product portfolio and global market presence detailed

Nestlé S.A., the world's leading food group, generates sales across various product families, including powdered and liquid beverages (26.7%), pet food (20.3%), and pharmaceutical, nutrition, and wellness products (16.4%). The company also offers prepared dishes and seasonings (12.5%), dairy products and ice creams (11.8%), chocolates and confectionery (8.7%), and packaged waters (3.6%). Geographically, sales are concentrated in the United States and Canada (35%), followed by Asia and Oceania (21.4%) and Latin America (13.7%).

ubs maintains neutral rating for nestle with target price of 80 francs

UBS has maintained a 'Neutral' rating for Nestlé, setting a target price of 80 francs. Analyst Guillaume Delmas noted that over 90% of Nestlé's products sold in the US are produced locally, which positions the company favorably amid new US tariffs affecting the food and consumer goods sector.

musk's x includes major brands in ad-boycott lawsuit

Musk’s X has expanded its ad-boycott lawsuit to include major brands such as Nestlé, Colgate, and Shell. This move highlights ongoing tensions between the platform and advertisers, as it seeks to address concerns over content moderation and brand safety.
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