Mediobanca shares slip on weaker-than-expected Q1

Mediobanca shares slip on weaker-than-expected Q1

Investing.com — Shares of Mediobanca (BIT:MDBI) were down 8% on Tuesday following its first-quarter results, which posted a slight revenue miss. The Italian bank reported total revenues of €865 million,…
Airbnb downgraded as ‘valuation remains expensive’

Airbnb downgraded as ‘valuation remains expensive’

Investing.com — Phillip Capital downgraded Airbnb to Reduce from Neutral on Tuesday, citing high valuations and limited near-term upside due to rising operational costs. While Airbnb reported strong Q3 2024 results…
Drax shares rise on upgraded 2024 outlook

Drax shares rise on upgraded 2024 outlook

Investing.com — Shares of Drax Group (LON:DRX) jumped over 6% on Tuesday following an announcement indicating the company’s expected EBITDA for 2024 is projected at the upper end of the…