By WSJ staff
Starbucks $(SBUX)$: The coffee chain's earnings missed Wall Street's expectations, though its chief executive expressed confidence its efforts to speed up service are working. Shares fell 7% before the market open.
Snap (SNAP): The social-media company's shares slid 14% in premarket trading. Snap said late Tuesday that advertisers are curbing spending due to the White House's tariff policies.
Super Micro $(SMCI)$: The AI server maker's preliminary quarterly earnings came in well below its own guidance. It said customers were delaying orders of new servers and computer products. Shares dropped about 15% before the bell.
Mercedes-Benz (XE:MBG) and Stellantis (IT:STLAM, STLA): The automakers pulled financial guidance, citing uncertainty over U.S. tariffs. Volkswagen (XE:VOW3) backed its forecasts but said some metrics could come in at the low end of expectations.
Samsung Electronics (KRX:005930): The South Korean tech company said growth in its smartphone segment helped offset weak earnings in its core semiconductor business. Shares slipped in Seoul.
Caterpillar $(CAT)$ and Humana $(HUM)$ are expected to report results before the bell.
Microsoft $(MSFT)$, Meta Platforms $(META)$, Qualcomm $(QCOM)$ are expected to report earnings after markets close.
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(END) Dow Jones Newswires
April 30, 2025 05:28 ET (09:28 GMT)
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