Aptiv (APTV), which supplies tech parts for the auto industry, slumped when it included a disappointing outlook in its first-quarter report.
Aptiv earned $1.63 a share (non-GAAP). Revenue, however, fell by 36.7% Y/Y to $3.3 billion. In Q3, net sales of up to $3.22 billion were below analysts' expectations. For FY 2026, the company said net sales would range from $12.6 billion to $12.8 billion.
Aptiv blamed a prolonged sales weakness in the domestic China market for its woes. A drop in schedules from Luxury European OEMs for vehicles exported to the China market is also a headwind.
NRG Energy (NRG) extended its downtrend that began in February. The firm posted Q2 revenue rising by 11.0% Y/Y to $7.48 billion. Unfortunately, for 2026, the adjusted EPS forecast of $7.90 to $9.90 is weaker than the market expected.
In the food sector, markets panicked after the company removed jalapeños from some of its restaurants. The public health regulators are investigating its link to a Salmonella outbreak. In Minnesota, the outbreak sickened 110 people. 75 out of the 84 people interviewed said that they ate at Chipotle (CMG).
The outbreak breaks the trust that customers have. It will likely hurt store sales for the next few quarters. The firm will need to prove that it will minimize such incidents in the future.
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