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Joby stock lost less money than feared. That's a good thing, but the stock remains risky.

The market liked its recent update, but it will take more than that for the company to rebound.

After a weak opening, Indian benchmark indices extended their losses throughout the session in the red.

Semiconductor maker Himax Technologies (NASDAQ:HIMX) reported revenue ahead of Wall Street’s expectations in Q1 CY2025, with sales up 3.7% year on year to $215.1 million. On top of that, next quarter’s revenue guidance ($237.2 million at the midpoint) was surprisingly good and 14.1% above what analysts were expecting. Its GAAP profit of $0.11 per share was 31.5% above analysts’ consensus estimates.

Tapestry Inc (NYSE:TPR) revenue rose 7% to $1.58B. Coach drove 15% revenue growth in constant currency.

Oil rebound possible soon if US-China trade tensions ease. OPEC surprise output boost and declining US shale production could tighten supply.

Medication company Viatris (NASDAQ:VTRS) fell short of the market’s revenue expectations in Q1 CY2025, with sales falling 11.2% year on year to $3.25 billion. The company’s full-year revenue guidance of $13.75 billion at the midpoint came in 0.5% below analysts’ estimates. Its non-GAAP profit of $0.50 per share was in line with analysts’ consensus estimates.

Boeing (BA) shares rise after securing order from Taiwan-based China Airlines for 777X fleet. China Airlines is first in Taiwan to order fuel-efficient jets.

Self-storage and building solutions company Janus (NYSE:JBI) reported revenue ahead of Wall Street’s expectations in Q1 CY2025, but sales fell by 17.3% year on year to $210.5 million. The company expects the full year’s revenue to be around $875 million, close to analysts’ estimates. Its non-GAAP profit of $0.13 per share was 79.3% above analysts’ consensus estimates.

NOVO-NORDISK A/S-SPONS ADR could be undervalued. NYSE:NVO is scoring impressively in terms of growth while demonstrating strong financials. On top of that, it remains attractively priced.

Luxury fashion conglomerate Tapestry (NYSE:TPR) reported Q1 CY2025 results exceeding the market’s revenue expectations, with sales up 6.9% year on year to $1.58 billion. The company’s full-year revenue guidance of $6.95 billion at the midpoint came in 1.1% above analysts’ estimates. Its GAAP profit of $0.95 per share was 7.4% above analysts’ consensus estimates.

Initial jobless claims returned to a well-behaved range this week, down -13,000 to 228,000.

Technology distribution company ScanSource (NASDAQ:SCSC) fell short of the market’s revenue expectations in Q1 CY2025, with sales falling 6.3% year on year to $704.8 million. The company’s full-year revenue guidance of $3 billion at the midpoint came in 3.5% below analysts’ estimates. Its non-GAAP profit of $0.86 per share was 11% above analysts’ consensus estimates.