Market Analysis: Adidas, Evoke, Boeing, Airbus, Stellantis, Deutsche Bank, UBS, HSBC, BNP Paribas
Adidas: Outperformance driven by heritage-led franchises and benefits from Nike’s slower-than-expected recovery. Deutsche Bank: Profit beat welcome but quality matters; Operational and strategic hurdles remain, including outdated tech stack; Tailwinds from German infrastructure spending.