Stock Movers Rheinmetall Gains, British American Tobacco Falls, Thyssenkrupp Slides
Dec 9, 2025
Louise Moon, Bloomberg’s breaking news editor, dives into the dynamics shaping the European market. She reveals how Germany's unprecedented €52 billion military order is boosting defense stocks, specifically Rheinmetall. Conversely, British American Tobacco is feeling the heat with a revenue outlook cut for 2026, raising investor eyebrows. The company’s pivot to vapes and nicotine pouches also signals a strategic shift. Meanwhile, Thyssenkrupp deals with anticipated losses due to automotive sector woes and significant restructuring costs.
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Record German Defence Procurement Boosts Stocks
- Germany plans to approve 29 military procurement contracts worth €52 billion, boosting European defence stocks.
- Louise Moon says this follows increased defence spending since Russia's invasion of Ukraine and lifts stocks like Rheinmetall and BAE Systems.
BAT Lowers 2026 Revenue Expectations
- British American Tobacco lowered its revenue-growth expectation for 2026 to the lower end of guidance, sparking a share decline.
- Louise Moon notes BAT is pushing into vapes and nicotine pouches to drive future cash generation and buybacks.
Thyssenkrupp Guidance Miss Spurs Sell-Off
- ThyssenKrupp missed 2026 guidance and warned of a continued difficult backdrop, hitting shares hard.
- Louise Moon highlights weakness in the automotive sector and costly restructuring as drivers of the downside.