ZIM Integrated Shipping Services Ltd. saw its shares soar after a robust second-quarter performance, exceeding revenue estimates and reporting a significant increase in adjusted EBITDA. The company raised its full-year outlook, citing continued supply chain pressure and favorable demand. Investors are optimistic about ZIM’s future growth prospects.
Walmart Inc. (WMT) stock surged in pre-market trading after the company announced impressive second-quarter 2025 results, exceeding analyst expectations and raising its full-year guidance. The retail giant reported a 4.8% year-over-year sales increase and a significant boost in operating income, driven by strong performance across its U.S. and international segments.
Airbnb reported strong earnings for the first quarter but projected that its revenue for the upcoming quarter would fall short of market expectations, resulting in an 8% drop in stock price post-market. The company saw its revenue climb 18% from the previous year in Q1, reaching $2.14 billion. However, for the upcoming quarter, the company anticipates revenue to be in the range of $2.68 billion to $2.74 billion, which is slightly below the $2.74 billion forecast by analysts.
TE Connectivity (TEL) reported strong financial results for the second quarter of fiscal 2024, driven by significant margin expansion and record cash flow generation. Net sales were in line with guidance, down 5% year-over-year and 3% organically, but grew 4% sequentially on a reported basis and 3% organically. GAAP diluted earnings per share from continuing operations exceeded guidance, reaching $1.86, an increase of 13% year-over-year. Orders were up 6% sequentially, with growth in all segments. Operating margins were 17.4%, and adjusted operating margins were 18.5%, up 250 basis points year-over-year, driven by strong operational performance. The company generated record cash flow in the first half of the fiscal year, with cash from operating activities up 18% year-over-year and free cash flow up 32% year-over-year. TE Connectivity deployed over $1.5 billion of capital year-to-date, with approximately $1.2 billion returned to shareholders and approximately $350 million used for the bolt-on acquisition of Schaffner. The company also issued its Connecting Our World report, highlighting a 72% reduction in Scope 1 and 2 greenhouse gas emissions over the past three years and set Scope 3 reduction targets validated by the Science Based Targets initiative.
