{ }
Pernod Ricard, the leading global producer of premium spirits and wines, reported net sales with 61.8% from strategic international brands, including Absolut and Jameson. Local brands account for 18.2%, craft spirits 7.3%, and strategic wines 3.6%. The company operates 94 production sites worldwide, with sales distributed across Europe (28.3%), the Americas (28.8%), and other regions (42.9%).
European stocks closed slightly higher as investors awaited the U.S. Federal Reserve's interest rate decision. Renault shares surged 5.39% amid merger talks with Nissan and Honda, while U.K. inflation rose to 2.6%, dampening hopes for a rate cut from the Bank of England. The cost of renting in London jumped 11.6%, marking the fastest rise on record.
E.ON SE is a major global player in electricity and gas production and distribution, with electricity sales accounting for 61.7% of its revenue, followed by gas distribution at 25.6% and other activities at 12.7%. Geographically, the company generates 40% of its sales in Germany, 35.4% in the United Kingdom, and the remainder across Sweden (2.3%), the Netherlands (1.5%), Europe (20.7%), and other regions (0.1%).
E.ON SE is a major player in the electricity and gas sector, with net sales primarily from electric energy (61.7%) and gas distribution (25.6%). Geographically, its sales are concentrated in Germany (40%) and the UK (35.4%), with smaller contributions from Sweden, the Netherlands, and other European regions.
Ethereum has seen a remarkable $1 billion in inflows over the past week, extending its streak to seven weeks and totaling $3.7 billion. Overall, digital asset investment products experienced $3.2 billion in inflows last week, marking the 10th consecutive week of positive momentum, with total inflows for the year reaching $44.5 billion.XRP also gained traction with $145 million in inflows, driven by optimism for a US-listed ETF and the upcoming launch of Ripple's stablecoin. The US led regional inflows with $3.14 billion, while multi-asset products faced $31 million in outflows.
Cryptocurrency investment products recorded $3.2 billion in inflows during the week of Dec. 9–13, marking the 10th consecutive week of positive momentum, with total inflows for 2024 reaching $44.5 billion. Bitcoin products led with $2 billion, while Ethereum ETPs saw $1 billion, continuing a seven-week streak of inflows. The U.S. was the largest contributor, accounting for $3.1 billion, while Sweden experienced the only outflows at $19 million.
Asian stock markets are cautious as rising bond yields challenge equity valuations, particularly in the tech sector. Disappointing retail sales data from China, which rose only 3.0% in November, underscores the need for aggressive stimulus. The Federal Reserve is expected to cut rates by 25 basis points this week, with future easing plans closely watched amid a backdrop of fluctuating currencies and geopolitical uncertainties.
Spotify has rebounded impressively since its 2022 lows, with shares up fivefold as the company improved its operating margins to 11.4% and achieved a gross margin of 31.1%. Monthly active users grew to 640 million, driven by price hikes and expansion into new audio segments like podcasts and audiobooks. Despite this growth, analysts suggest caution for new investors, as expectations for future performance are high, and Spotify was not included in a recent list of top stock recommendations.
Costco Wholesale's stock was sold at an average price of $894.68, totaling $1,266,866.88, resulting in a 4.91% decrease in ownership for the executive vice president, who now holds 27,400 shares valued at $24.5 million. In the past ninety days, insiders sold 11,016 shares worth nearly $9.8 million, with institutional investors owning 68.48% of the company. Analysts have raised price targets for Costco, with UBS Group setting a new target of $1,040, indicating a potential upside of 4.42%.
Trending
Subcategory:
Countries:
Companies:
Currencies:
People:

Machinary offers a groundbreaking, modular, and customizable solution that provides advanced financial news and statistical analysis. Our platform goes beyond traditional quantitative analysis, offering users a comprehensive understanding of real-time market dynamics, event detection, and risk analysis.

Address

Newsletter

© 2025 by Machinary.com - Version: 1.0.0.0. All rights reserved

Layout

Color mode

Theme mode

Layout settings

Seems like the connection with the server has been lost. It can be due to poor or broken network. Please hang on while we're trying to reconnect...
Oh snap! Failed to reconnect with the server. This is typically caused by a longer network outage, or if the server has been taken down. You can try to reconnect, but if that does not work, you need to reload the page.
Oh man! The server rejected the attempt to reconnect. The only option now is to reload the page, but be prepared that it won't work, since this is typically caused by a failure on the server.