Remy Cointreau Dips, Airbus Up, Infineon Gains
On this episode of Stock Movers:
- Remy Cointreau withdrew its long-term sales guidance, blaming tariff policies in America and China and a stunted recovery in the US market.
- China is considering placing an order for hundreds of Airbus aircraft as soon as next month, when European leaders visit Beijing to celebrate the countries’ long-term ties, according to people familiar with the matter.
- Shares of European chipmakers rally on Wednesday after US peer ON Semiconductor said it started to see signs of a broad-based recovery in demand.
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