BMW was the worst performing major European stock on Wednesday after the luxury-car maker lowered its profit outlook, citing a downturn in China as well as the impact from the Middle East war.
Source: [MarketWatch](https://www.marketwatch.com/story/bmw-issues-a-big-profit-warning-it-once-again-blames-on-china-the-automaker-is-plotting-a-major-strategy-shift-d28e7428?mod=mw_rss_topstories)