L'Oreal Falls, Capgemini's AI Pitch, Safran Up
Today's biggest winners and losers in the stock market.
On this episode of Stock Movers:
- L’Oréal shares fell after the French beauty group posted disappointing sales growth in the fourth quarter, held back by its luxury division and weakness in the region that includes China.
- Capgemini Chief Executive Officer Aiman Ezzat said the French IT company is “clearly pivoting” to facilitate artificial intelligence adoption, which will fuel sales this year.
- French aerospace company Safran SA on Friday raised its 2028 earnings targets, saying the strength of its civil engines aftermarket and defense segments should help offset impact from US tariffs and a corporate surtax extension.
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