Shell Dips, Siemens Healthineers Down, Campari Plunges

On this episode of Stock Movers:- Shell said its profit surged in the first quarter as the Iran war drove oil and gas prices higher and the conflict caused a increase in volatility that boosted its big trading business. However, the oil major cut its quarterly share buyback to $3 billion from $3.5 billion.- Siemens Healthineers pared back its outlook for revenue growth, blaming a cost-cutting push by the Chinese government for hurting sales in its diagnostics unit.- Davide Campari-Milano shares fall as much as 11%, the most since October 2024, after the Italian spirits maker reported weaker-than-expected first-quarter results. RBC suggested the full-year guidance was “underwhelming,” while Bloomberg Intelligence said upgrades are unlikely on the back of a tough economic backdrop.See omnystudio.com/listener for privacy information.