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06/05/2025

Orthofix Medical (OFIX.US): The revenue for the first quarter of 2025 reached 1.936 billion US dollars, up from 1.886 billion US dollars in the previous period, and higher than the expected value of 1.911 billion US dollars. The earnings per share were -0.08 US dollars, improved from -0.33 US dollars in the previous period, but still lower than the expected value of -0.27 US dollars.

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The Dow Jones opened down 0.7%, the S&P 500 down 1.0%, and the Nasdaq down 1.2%.

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Palantir fell 8.8% as analysts predict a slowdown in revenue growth in the second half of the year. Ford Motor fell 2.1% as the company warned that tariffs could lead to a $1.5 billion reduction in profits. Tesla fell 2.7% as European sales in April saw a significant decline. Xiao Ma Zhixing rose 10.3% as it reached a strategic cooperation agreement with Uber.

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Ferrari CEO: Haven't seen any impact of tariffs on American customer activity.

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Ferrari CEO: No impact seen from tariffs on activities of American customers.

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The Dow Jones fell 0.53% at the opening, the Nasdaq fell 1.24%, and the S&P 500 fell 0.79%. Star technology stocks Tesla fell 2.55%, American semiconductor company AMD fell 2.17%, and Nvidia fell 2.06%. The Nasdaq China Golden Dragon Index rose 0.15%, while NIO fell 1.76% and XPeng Motors fell 1.6%.

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