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As big tech companies kick off quarterly earnings season this week, the industry’s bellwether companies have been thrust into a cauldron of uncertainty.View on euronews

News of the day for April 22, 2025

PARIS (Reuters) -The Paris court of appeals ruled on Tuesday the French market watchdog must reconsider whether a mandatory buyout offer is or was necessary when the former media conglomerate Vivendi completed its multibillion-euro split last year. Last December Vivendi spun off its Canal+, Louis Hachette and Havas businesses, which are now listed as standalone companies in London, Paris and Amsterdam respectively. The breakup was championed by Vivendi's largest shareholder Bollore SE, the holding company of French billionaire Vincent Bollore.

Shares of the financial insights company, best known for rating the creditworthiness of corporate and government bonds, fell 2% before the opening bell. The forecast cut comes as fears of disruption from fluctuating U.S. trade policy have led companies to pause debt issuance. In the reported quarter, however, profit attributable to the company grew 8% to $625 million, or $3.46 per share, compared with $577 million, or $3.15 per share, a year ago.

Satellite communications provider reported Q1 CY2025 results topping the market’s revenue expectations, with sales up 5.4% year on year to $214.9 million. Its GAAP profit of $0.27 per share was 27% above analysts’ consensus estimates.

Verizon Communications stock fell Tuesday after a wider-than-estimated drop in phone subscribers outweighed first-quarter results that topped analysts' expectations.