💨 Abstract

Siemens' stock rose 8% after the engineering company reported better-than-expected results and expressed confidence in navigating global political and trade tensions. The company expects revenue growth of 3-7% over the next year, with a strong local manufacturing footprint in the US, Germany, and China. Its revenue rose to €20.81 billion, and industrial profit fell 7% to €3.12 billion.

Courtesy: theprint.in

Summarized by Einstein Beta 🤖