Why Is BMW Cutting Its Full-Year Guidance?

On this episode of Stock Movers:
- BMW declines as much as 5.2% after cutting its guidance for the full year due to weak volume growth in China and costs related to the implementation of tariffs.
- ArcelorMittal is placed on a 30-day upside catalyst watch at Citi, with defense measures for the European steel industry potentially “around the corner.”
- ASML shares fall 7.1% after US probe into China exports

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