Bloomberg Intelligence BI Weekend: UPS, McDonalds, Microsoft Earnings
8 snips
May 2, 2025 Explore the ups and downs of major corporations like UPS, McDonald's, and Microsoft as they navigate challenging markets. Insights into tariff impacts reveal potential price hikes for consumers and legal challenges ahead. Discover Supermicro's disappointing earnings and UPS's response to Amazon's shipment drops. In the cruise industry, Royal Caribbean shines while Norwegian faces concerns. Plus, the contrasting fortunes of tech sectors versus restaurants showcase resilience despite economic pressures.
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Supermicro's Missed Sales Explained
- Supermicro missed sales expectations mainly due to customers delaying purchases to wait for next-gen NVIDIA GPUs.
- This points to a rapid AI chip cycle where buyers transition eagerly to more powerful hardware.
Tech Companies Mitigate Tariff Impact
- Tech hardware companies are successfully navigating tariffs by relocating manufacturing outside China.
- They leverage USMCA trade agreement with Mexico and Canada to minimize tariff impacts.
UPS Restructures Amid Amazon Changes
- UPS plans job cuts and facility closures due to declining Amazon shipments.
- They aim to improve profitability by focusing on higher-margin clients and restructuring their network.