H&M Sales Fall Short of Expectations; Pony AI Swings to Profit; Henkel to Buy Hair-Care Brand Olaplex
Today's biggest winners and losers in the stock market.On this episode of Stock Movers:- Swedish fast-fashion retailer Hennes & Mauritz AB’s first-quarter sales fell short of expectations in a period plagued by weak consumption and large currency effects.- Pony AI (PONY) delivered its first profitable quarter ever, bolstered by a windfall from an early investment, rather than its main robotaxi business.- Henkel AG has agreed buy Olaplex Holdings, the hair-care brand that developed a cult following for its shampoos and other treatments, in a $1.4 billion deal. See omnystudio.com/listener…
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