Stock Market News

Michelin misses quarterly sales estimates on weaker global demand

3 hours ago

Less than a minute

2024.10.23 12:41

© Reuters. FILE PHOTO: The logo of French tyre maker Michelin is seen at a company building in Boulogne-Billancourt, near Paris, France, August 6, 2022. REUTERS/Sarah Meyssonnier/File Photo

(Reuters) – Michelin (EPA:)’s third-quarter sales dropped by 1.2% on a constant currency basis, slightly missing market expectations due to weaker demand, the French tyre maker said on Wednesday.

Group sales overall during the period came in at 6.77 billion euros, down from 7.07 billion euros a year before and below the 6.82 billion forecast in a company-compiled consensus.

3 hours ago

Less than a minute

Bitcoin (BTC) $ 66,086.71 1.90%

Ethereum (ETH) $ 2,494.91 4.81%

Tether (USDT) $ 0.999417 0.01%

BNB (BNB) $ 578.79 2.42%

Solana (SOL) $ 170.23 1.38%

USDC (USDC) $ 1.00 0.15%

XRP (XRP) $ 0.517841 2.77%

Lido Staked Ether (STETH) $ 2,492.44 4.82%

Dogecoin (DOGE) $ 0.136433 2.05%

TRON (TRX) $ 0.159612 0.28%

the-open-network

Toncoin (TON) $ 5.08 2.49%

Cardano (ADA) $ 0.347496 4.46%

Avalanche (AVAX) $ 26.35 4.54%

Wrapped stETH (WSTETH) $ 2,949.77 4.79%

Shiba Inu (SHIB) $ 0.000017 4.61%

wrapped-bitcoin

Wrapped Bitcoin (WBTC) $ 65,831.64 2.11%

WETH (WETH) $ 2,493.05 4.91%

Chainlink (LINK) $ 11.15 7.21%

Bitcoin Cash (BCH) $ 343.38 3.56%

Polkadot (DOT) $ 4.16 3.18%

Dai (DAI) $ 1.00 0.22%

Uniswap (UNI) $ 7.59 5.10%

LEO Token (LEO) $ 6.06 2.44%

NEAR Protocol (NEAR) $ 4.54 2.49%

Sui (SUI) $ 1.94 0.71%

Litecoin (LTC) $ 68.94 0.68%

Aptos (APT) $ 9.88 3.78%

Wrapped eETH (WEETH) $ 2,618.73 4.92%

Pepe (PEPE) $ 0.00001 4.37%

Bittensor (TAO) $ 522.30 3.74%

internet-computer

Internet Computer (ICP) $ 8.05 2.05%

Artificial Superintelligence Alliance (FET) $ 1.31 2.50%

Kaspa (KAS) $ 0.130677 3.16%

Monero (XMR) $ 156.17 0.10%

Stellar (XLM) $ 0.093431 1.64%

Ethereum Classic (ETC) $ 18.45 2.65%

polygon-ecosystem-token

POL (ex-MATIC) (POL) $ 0.351617 3.72%

first-digital-usd

First Digital USD (FDUSD) $ 1.00 0.36%

Stacks (STX) $ 1.76 2.42%

WhiteBIT Coin (WBT) $ 18.22 0.70%

Ethena USDe (USDE) $ 1.00 0.06%

dogwifhat (WIF) $ 2.42 0.15%

OKB (OKB) $ 39.47 1.55%

Immutable (IMX) $ 1.45 3.54%

Arbitrum (ARB) $ 0.552406 4.47%

Aave (AAVE) $ 146.04 4.09%

Filecoin (FIL) $ 3.65 3.37%

Optimism (OP) $ 1.70 0.72%

crypto-com-chain

Cronos (CRO) $ 0.074918 2.51%

Render (RENDER) $ 5.03 3.12%