AXA Posts 9% Net Profit Rise, Maintains 2026 Targets
Insurance

AXA Posts 9% Net Profit Rise, Maintains 2026 Targets

French insurer AXA reported first-half net profit of €4.17 billion, up 9% at constant currency, and reaffirmed full-year...

Tamar Rosen 👁 28 💬 0
Siemens Healthineers Cuts Revenue Outlook on Diagnostics Weakness, But Tariff Refunds Lift Profit
Companies

Siemens Healthineers Cuts Revenue Outlook on Diagnostics Weakness, But Tariff Refunds Lift Profit

The German medical equipment giant lowered its full-year revenue growth forecast to 3.5–4% as its diagnostics unit drags...

Declan Byrne 👁 32 💬 0
Hensoldt Order Backlog Tops €10 Billion for First Time on Defence Spending Surge
Defense

Hensoldt Order Backlog Tops €10 Billion for First Time on Defence Spending Surge

Radar specialist Hensoldt doubled order intake to €2.8bn in H1 2026, pushing its backlog past a record €10.4bn. The comp...

Doron Avidan 👁 34 💬 0
Apple Shares Slide as Record Earnings Overshadowed by Weak Forecast
Companies

Apple Shares Slide as Record Earnings Overshadowed by Weak Forecast

Apple's record June-quarter iPhone sales of $54.25bn were overshadowed by a 9-11% current-quarter revenue guidance that ...

Declan Byrne 👁 34 💬 0
Apple's Net Profit Jumps 20% as Market Cap Nears $5 Trillion, Leaving Nvidia Behind
Companies

Apple's Net Profit Jumps 20% as Market Cap Nears $5 Trillion, Leaving Nvidia Behind

Apple reported a 20% surge in nine-month net profit to $101.5 billion, fueled by stronger-than-expected iPhone and Mac s...

Declan Byrne 👁 29 💬 0
PUMA Slashes Quarterly Loss on Tariff Refund as CEO Hoeld’s Restructuring Gains Traction
Companies

PUMA Slashes Quarterly Loss on Tariff Refund as CEO Hoeld’s Restructuring Gains Traction

The German sportswear group reported a smaller-than-expected net loss of €72.8m, helped by a €11.5m tariff reimbursement...

Declan Byrne 👁 51 💬 0
Holcim Lifts 2026 Outlook After First-Half Beat, Organic Growth Defies Currency Headwinds
Companies

Holcim Lifts 2026 Outlook After First-Half Beat, Organic Growth Defies Currency Headwinds

Holcim reported better-than-expected half-year results, driven by a 5.2% rise in organic revenue, and raised its full-ye...

Declan Byrne 👁 28 💬 0
AXA Says French Wildfires Won’t Derail 2026 Profit Forecast as H1 Earnings Rise
Companies

AXA Says French Wildfires Won’t Derail 2026 Profit Forecast as H1 Earnings Rise

French insurer AXA reports H1 operating profit up 2% to €4.5bn, lifts net income 6% to €4.2bn, and reaffirms 8% EPS grow...

Declan Byrne 👁 32 💬 0
Sony Raises Profit Outlook on PlayStation Strength, But Shares Dip
Companies

Sony Raises Profit Outlook on PlayStation Strength, But Shares Dip

Sony lifted its full-year operating profit forecast to ¥1.72tn after a strong Q1 driven by gaming, a weak yen and US tar...

Declan Byrne 👁 31 💬 0
Amazon Crushes Q2 Estimates, Raises AI Capex to $220 Billion as AWS Surges
Companies

Amazon Crushes Q2 Estimates, Raises AI Capex to $220 Billion as AWS Surges

EPS of $5.75 vs. $1.82 expected and AWS growth of 37% powered a blockbuster quarter. CEO Andy Jassy says even $220 billi...

Declan Byrne 👁 37 💬 0
Thermax Slumps 16% After 86% Profit Drop, Warns of Weak Quarters Ahead
Companies

Thermax Slumps 16% After 86% Profit Drop, Warns of Weak Quarters Ahead

Thermax shares fell sharply as Q1 profit plunged on a one-time cost overrun, and the company flagged weak demand, rising...

Declan Byrne 👁 32 💬 0
Ibex 35 Tests New Records as Oil Slips and Unicaja Jumps on Results
Markets

Ibex 35 Tests New Records as Oil Slips and Unicaja Jumps on Results

Spanish stocks edge toward uncharted territory on the back of falling oil prices, a geopolitical thaw, and a mixed bag o...

Yael Ben-David 👁 35 💬 0
Meliá Nets €4.1M After €79.4M Cuba Provision, Underlying Profit Hits €83.5M
Companies

Meliá Nets €4.1M After €79.4M Cuba Provision, Underlying Profit Hits €83.5M

Meliá Hotels International reported first-half revenue above €1 billion, but a €79.4 million provision for its exit from...

Declan Byrne 👁 27 💬 0
Zuckerberg's Wealth Drops $18 Billion as Meta Shares Slide on AI Spending Worries
Companies

Zuckerberg's Wealth Drops $18 Billion as Meta Shares Slide on AI Spending Worries

Meta's stock fell 21.7% in 11 days after second-quarter earnings missed estimates and the company raised spending foreca...

Declan Byrne 👁 33 💬 0
Tata Steel Q1 Earnings Beat Estimates as India Volumes, Prices Offset Cost Pressure
Companies

Tata Steel Q1 Earnings Beat Estimates as India Volumes, Prices Offset Cost Pressure

Consolidated net profit rose 11.6% to ₹2,318 crore, surpassing street views and sending shares up 2.2%. Higher domestic ...

Declan Byrne 👁 27 💬 0
Bajaj Finserv Q1 Profit Jumps 18% on Strong Lending, Plans Reinsurance Foray
Companies

Bajaj Finserv Q1 Profit Jumps 18% on Strong Lending, Plans Reinsurance Foray

Net profit rose to Rs 6,297 crore on higher interest income; board approves subsidiary for reinsurance business, subject...

Declan Byrne 👁 30 💬 0
Waaree Energies Eyes H2 Recovery on Cell Ramp, Nomura Keeps Buy, Cuts Target
Companies

Waaree Energies Eyes H2 Recovery on Cell Ramp, Nomura Keeps Buy, Cuts Target

Nomura maintains Buy rating on Waaree Energies, lowering target to Rs3,740, as the solar module maker expects a second-h...

Declan Byrne 👁 25 💬 0
Investcorp Capital Annual Profit Falls 46% as Second-Half Slump Deepens
Companies

Investcorp Capital Annual Profit Falls 46% as Second-Half Slump Deepens

Abu Dhabi-listed firm books $44m profit for year to June 2026, down from $81m, as board recommends interim cash dividend...

Declan Byrne 👁 31 💬 0
Crédit Agricole Beats Forecasts as Regional Banks and Insurance Unit Drive 7.8% Profit Jump
Companies

Crédit Agricole Beats Forecasts as Regional Banks and Insurance Unit Drive 7.8% Profit Jump

French lender’s Q2 net income rises to €2.7 billion, with a record insurance quarter offsetting the impact of last year’...

Declan Byrne 👁 28 💬 0
Microsoft Books $450 Billion Single-Day Gain as Azure AI Bets Pay Off
Companies

Microsoft Books $450 Billion Single-Day Gain as Azure AI Bets Pay Off

Microsoft added nearly $450 billion in market value in one session — the largest single-day jump in stock market history...

Declan Byrne 👁 42 💬 0
Africa Prudential Pivots to Digital as Nigeria’s Capital Market Activity Doubles
Companies

Africa Prudential Pivots to Digital as Nigeria’s Capital Market Activity Doubles

The registrar-turned-tech player posted 27% gross earnings growth and is pushing digital AGM, KYC and mobile apps to cap...

Declan Byrne 👁 40 💬 0
European Stocks Rise as Tech Rally and AI Optimism Offset Inflation Jitters
Markets

European Stocks Rise as Tech Rally and AI Optimism Offset Inflation Jitters

A broad tech rebound, fueled by Microsoft and Amazon’s AI spending plans, pushed European markets toward a fourth straig...

Yael Ben-David 👁 33 💬 0
IAG First-Half Profit Drops 21% as Iran War Drives Up Jet Fuel Costs; Iberia Provision €114M
Companies

IAG First-Half Profit Drops 21% as Iran War Drives Up Jet Fuel Costs; Iberia Provision €114M

IAG's H1 net profit fell 21% to €1.03 billion, squeezed by surging kerosene prices from the Iran conflict and a one-off ...

Declan Byrne 👁 28 💬 0
Unicaja First-Half Profit Rises 7% on Lending Surge, Lifts Payout Target to 95%
Companies

Unicaja First-Half Profit Rises 7% on Lending Surge, Lifts Payout Target to 95%

Spanish bank Unicaja posted a 7.1% increase in H1 net profit to €361 million, fueled by a jump in mortgage and business ...

Declan Byrne 👁 27 💬 0
Amazon Raises AI Capex by $20 Billion as Chip Costs Surge, AWS Demand Exceeds Forecasts
Companies

Amazon Raises AI Capex by $20 Billion as Chip Costs Surge, AWS Demand Exceeds Forecasts

Amazon Q2 profit surged to $62.65 billion and revenue rose 20%, but soaring memory chip prices pushed annual capex guida...

Declan Byrne 👁 42 💬 0
Air France-KLM Offsets 85% of Fuel Cost Surge Through Fare Hikes and Premium Pricing
Companies

Air France-KLM Offsets 85% of Fuel Cost Surge Through Fare Hikes and Premium Pricing

The Franco-Dutch carrier spent €800m on jet fuel in Q2 alone, yet strong pricing power—especially in premium cabins—help...

Declan Byrne 👁 40 💬 0
FirstHoldCo commits to 60% dividend payout to reward shareholders and signal turnaround
Companies

FirstHoldCo commits to 60% dividend payout to reward shareholders and signal turnaround

First HoldCo Plc will distribute at least 60% of annual profit after tax as dividends, a policy shift reflecting Chairma...

Declan Byrne 👁 29 💬 0
AI Spending Under Microscope: Alphabet, Tesla, Intel Deliver the First Verdicts
Companies

AI Spending Under Microscope: Alphabet, Tesla, Intel Deliver the First Verdicts

Investors are no longer rewarding AI ambition with blind capital. As Alphabet, Tesla and Intel report, the market demand...

Declan Byrne 👁 49 💬 0
Apple Slides After Chip Shortage Hits Sales Forecast, Posing Early Test for Incoming CEO Ternus
Companies

Apple Slides After Chip Shortage Hits Sales Forecast, Posing Early Test for Incoming CEO Ternus

Apple’s weak sales outlook, driven by component shortages and rising memory costs, sent shares down 6% after hours. With...

Declan Byrne 👁 56 💬 0
Amazon Jumps 9% After Hours on Strong Q2, AWS Growth; Capex Raised to $220bn
Companies

Amazon Jumps 9% After Hours on Strong Q2, AWS Growth; Capex Raised to $220bn

Amazon shares surged after Q2 revenue topped estimates and AWS growth accelerated to 37%. But free cash flow turned nega...

Declan Byrne 👁 88 💬 0