Chloe Millet

Chloe Millet, a Bloomberg reporter known for her incisive corporate analysis, joins the discussion to unpack critical developments in the market. She reveals ABN Amro's drastic plan to cut 20% of its workforce under new CEO Marguerite Berard, aiming to enhance profitability. Chloe also highlights Kingfisher’s positive turn, with raised earnings guidance after exceeding sales estimates. Additionally, the renewed Russia-Ukraine conflict stirs activity in European defense stocks, notably Rheinmetall, adding a layer of urgency to the market landscape.

Chloe Millet, a Bloomberg reporter specializing in European markets, shares insights on significant stock movements. WPP experiences a surge as interest from Havas suggests potential acquisition, offering a lifeline amid challenges. Saab secures a €3.1 billion contract with Colombia for fighter jets, contributing to its impressive stock rally of 138% this year. Meanwhile, SUSS MicroTec sets ambitious sales goals for 2030, anticipating growth driven by AI clients, boosting optimism in the semiconductor sector.

Chloe Millet, a Bloomberg reporter specializing in European markets, shares her insights on recent market shifts. She discusses Richemont's impressive sales surge, fueled by luxury demand in the US and China. Siemens Energy is making headlines too, with raised targets driven by robust gas turbine and data center equipment sales. On a different note, Lloyds Banking Group faces a downturn after the UK government’s budget changes create investor uncertainty. A must-listen for anyone following market trends!