L'Oreal India growth accelerates in H1 2026, haircare and skincare lead the charge
Companies

L'Oreal India growth accelerates in H1 2026, haircare and skincare lead the charge

L'Oreal's Indian business revved up in the first half of 2026, powered by booming haircare and skincare demand and a pla...

Declan Byrne 👁 36 💬 0
Abu Dhabi Islamic Bank Posts 8% Profit Growth in H1 2026 as Financing Income Surges
Companies

Abu Dhabi Islamic Bank Posts 8% Profit Growth in H1 2026 as Financing Income Surges

ADIB’s net profit reached AED 3.76 billion, driven by a 14% jump in financing income and record balance sheet expansion,...

Declan Byrne 👁 35 💬 0
Starbucks Lifts Forecasts Again as Same-Store Sales Surge and Margins Rebound
Companies

Starbucks Lifts Forecasts Again as Same-Store Sales Surge and Margins Rebound

The coffee chain raised annual sales and profit targets for the second time, citing a 7.9% jump in global same-store sal...

Declan Byrne 👁 36 💬 0
Microsoft’s Azure Surges 43%, AI Capex Discipline Sends Stock Soaring
Technology

Microsoft’s Azure Surges 43%, AI Capex Discipline Sends Stock Soaring

Microsoft’s cloud platform Azure posted its strongest growth in four years, while CFO Amy Hood signalled a more measured...

Eitan Shapiro 👁 46 💬 0
Meta Stock Drops as Investors Challenge Zuckerberg’s AI Spending Blitz
Companies

Meta Stock Drops as Investors Challenge Zuckerberg’s AI Spending Blitz

Meta shares fell roughly 7% after missing earnings estimates and offering cautious revenue guidance, revealing deepening...

Declan Byrne 👁 40 💬 0
Meta Free Cash Flow Nears Zero as AI Capex Hits $31.1 Billion; Zuckerberg Teases Cloud Business
Companies

Meta Free Cash Flow Nears Zero as AI Capex Hits $31.1 Billion; Zuckerberg Teases Cloud Business

Meta's capital spending nearly doubled to $31.1B, eating almost all operating cash and leaving free cash flow at $784M. ...

Declan Byrne 👁 44 💬 0
Samsung Q2 Profit Soars on AI-Fuelled Memory Boom, Beating Forecasts
Companies

Samsung Q2 Profit Soars on AI-Fuelled Memory Boom, Beating Forecasts

Record demand for advanced memory chips driven by AI infrastructure pushed Samsung's net profit to 71.27 trillion won, f...

Declan Byrne 👁 38 💬 0
Microsoft’s Cloud Boom Eases AI Fears While Meta’s Cash Plunge Rattles Investors
Companies

Microsoft’s Cloud Boom Eases AI Fears While Meta’s Cash Plunge Rattles Investors

Meta’s free cash flow sank 91% as it pledges up to $145bn in AI capex, triggering a 7% after-hours share drop. Microsoft...

Declan Byrne 👁 44 💬 0
Microsoft Posts Record $134B Profit as Azure Growth Hits 43% on AI Boom
Companies

Microsoft Posts Record $134B Profit as Azure Growth Hits 43% on AI Boom

Revenue climbed 18% to $332 billion, driven by a 43% constant-currency surge in Azure, while net income soared nearly a ...

Declan Byrne 👁 51 💬 0
Zuckerberg Predicts Billions of Personal AI Agents by 2031 Amid Meta's Spending Spree
Companies

Zuckerberg Predicts Billions of Personal AI Agents by 2031 Amid Meta's Spending Spree

Meta CEO Mark Zuckerberg told investors that billions will have personal AI agents within five years, even as the compan...

Declan Byrne 👁 35 💬 0
Deutsche Bahn Swings to First Half-Year Profit in Seven Years, Hit by Record Passengers
Companies

Deutsche Bahn Swings to First Half-Year Profit in Seven Years, Hit by Record Passengers

Germany’s state-owned rail operator reports a triple-digit-million euro profit for the first half of 2026, rebounding fr...

Declan Byrne 👁 41 💬 0
Starbucks Beats Estimates, Lifts Forecast as All-Day Traffic, Innovative Drinks Fuel Growth
Companies

Starbucks Beats Estimates, Lifts Forecast as All-Day Traffic, Innovative Drinks Fuel Growth

Starbucks reported better-than-expected quarterly results, driven by 7.9% U.S. same-store sales growth, and raised its f...

Declan Byrne 👁 33 💬 0
Microsoft beats expectations with 31% profit jump on cloud and AI boom
Companies

Microsoft beats expectations with 31% profit jump on cloud and AI boom

The tech giant closed its fiscal 2025/2026 in style, with revenues up 18% to $90 billion in the fourth quarter and net p...

Declan Byrne 👁 63 💬 0
C.H. Robinson Hits Q2 Margin Target as Lean AI Drives Further Job Cuts
Logistics

C.H. Robinson Hits Q2 Margin Target as Lean AI Drives Further Job Cuts

The logistics giant reported a 360 bps jump in adjusted operating margin as it continued to reduce headcount, with CEO D...

Eoin McCarthy 👁 45 💬 0
Starbucks Q3 Earnings Blow Past Estimates as Turnaround Lifts Same-Store Sales 7.9%
Companies

Starbucks Q3 Earnings Blow Past Estimates as Turnaround Lifts Same-Store Sales 7.9%

Starbucks posted a 7.9% jump in same-store sales, easily beating forecasts, as CEO Brian Niccol's turnaround plan drove ...

Declan Byrne 👁 34 💬 0
Meta's Stock Plunges 6% as AI Spending Fears Overshadow Revenue Surge
Companies

Meta's Stock Plunges 6% as AI Spending Fears Overshadow Revenue Surge

Meta's Q2 revenue soared 28% to $60.8B, but a disappointing Q3 outlook and surging AI investments sent shares down over ...

Declan Byrne 👁 42 💬 0
Qualcomm Guides Profit Below Estimates as Apple Revenue Decline Accelerates and Costs Rise
Companies

Qualcomm Guides Profit Below Estimates as Apple Revenue Decline Accelerates and Costs Rise

The chipmaker expects Apple revenue to fall faster than anticipated and plans price increases to offset supply-chain cos...

Declan Byrne 👁 40 💬 0
CoStar's Residential Push Turns Profitable as Homes.com Revenue Jumps 66%
Companies

CoStar's Residential Push Turns Profitable as Homes.com Revenue Jumps 66%

CoStar Group reported Q2 revenue of $925M, up 18%, while its residential portfolio achieved a first-ever adjusted EBITDA...

Declan Byrne 👁 46 💬 0
P&G Bets on Brand Spending to Reverse Sales Slowdown, with China Outperforming North America
Companies

P&G Bets on Brand Spending to Reverse Sales Slowdown, with China Outperforming North America

Procter & Gamble’s fiscal fourth quarter saw a sharp deceleration in growth and margin pressure from increased marketing...

Declan Byrne 👁 52 💬 0
Aon's Q2 Revenue Climbs to $4.25bn on Data Centre and Construction Surge
Companies

Aon's Q2 Revenue Climbs to $4.25bn on Data Centre and Construction Surge

The brokerage giant reported 5% organic growth, driven by data centre construction and strong client retention, even as ...

Declan Byrne 👁 35 💬 0
Rheinmetall Q2 Revenue Soars 70% as European Rearmament Boom Drives Record Orders
Companies

Rheinmetall Q2 Revenue Soars 70% as European Rearmament Boom Drives Record Orders

Rheinmetall Q2 revenue surged 70% to €3.3 billion, with operating profit beating forecasts at €562 million. An €11.37 bi...

Declan Byrne 👁 33 💬 0
UBS Sees Integration Rewards as Profit Surges 64%, Job Cuts Mount
Companies

UBS Sees Integration Rewards as Profit Surges 64%, Job Cuts Mount

The Swiss bank's Q2 pre-tax profit jumped to $3.6bn, driven by massive cost savings from the Credit Suisse deal. Staffin...

Declan Byrne 👁 32 💬 0
Bunge Lifts FY2026 Profit Outlook as Geopolitics Fuels Grain Processing Boom
Companies

Bunge Lifts FY2026 Profit Outlook as Geopolitics Fuels Grain Processing Boom

Strong soybean and softseed processing margins, driven by war-related grain price spikes, helped Bunge beat Q2 estimates...

Declan Byrne 👁 53 💬 0
Auto1 Shares Tumble 10% Despite Strong Q2 Results as Outlook Disappoints
Companies

Auto1 Shares Tumble 10% Despite Strong Q2 Results as Outlook Disappoints

The online used-car dealer reported better-than-expected revenue and profit but held its full-year forecast, triggering ...

Declan Byrne 👁 30 💬 0
Deutsche Bank Posts Near-Record Profit as Investment Bank Surges
Companies

Deutsche Bank Posts Near-Record Profit as Investment Bank Surges

Germany’s biggest lender reports Q2 pretax profit of almost €2.7bn, nearing 2007 levels, fueled by a 60% leap in investm...

Declan Byrne 👁 51 💬 0
UBS Unveils $3 Billion Share Buyback After Q2 Profit Surge, but Warns on Geopolitical Risks
Companies

UBS Unveils $3 Billion Share Buyback After Q2 Profit Surge, but Warns on Geopolitical Risks

UBS announced a $3bn share buyback after Q2 earnings beat estimates with a 17% net income jump, but warned of near-term ...

Declan Byrne 👁 40 💬 0
RWE Shares Rally on Upgraded 2026 Outlook After Strong First Half
Companies

RWE Shares Rally on Upgraded 2026 Outlook After Strong First Half

RWE lifted its full-year earnings forecast after a 41% jump in half-year EBITDA, fueled by onshore renewables, flexible ...

Declan Byrne 👁 47 💬 0
SK Hynix Record Quarter Misses Lofty AI Forecasts, Shares Tumble 15%
Companies

SK Hynix Record Quarter Misses Lofty AI Forecasts, Shares Tumble 15%

SK Hynix posted record Q2 revenue and profit but fell short of sky-high analyst estimates, reigniting fears of a slowdow...

Declan Byrne 👁 56 💬 0
Danone Sales Rise 4.2% on Asia Volume Surge, Beating Expectations
Companies

Danone Sales Rise 4.2% on Asia Volume Surge, Beating Expectations

Danone reported a 4.2% like-for-like sales increase in Q2 2026, driven by a 5.2% jump in Asia-Pacific where volume growt...

Declan Byrne 👁 42 💬 0
Deutsche Bank’s Investment Banking Boom Drives Record Q2 Profit
Companies

Deutsche Bank’s Investment Banking Boom Drives Record Q2 Profit

A surge in dealmaking and advisory fees pushed Deutsche Bank to a near-record quarterly profit, as the lender lifted its...

Declan Byrne 👁 41 💬 0