eToro Posts 77% GAAP Profit Jump as TradeZero Deal Deepens US Push
Companies

eToro Posts 77% GAAP Profit Jump as TradeZero Deal Deepens US Push

Second-quarter net contribution rose 9% to $229m and funded accounts climbed 18% to 4.28m, but July crypto volume fell s...

Declan Byrne 👁 41 💬 0
UWM Faces Securities Probe, Stock Cuts After $452M Loss and Oaktree Capital Rescue
Companies

UWM Faces Securities Probe, Stock Cuts After $452M Loss and Oaktree Capital Rescue

UWM Holdings Corp. posted a $451.9M Q2 net loss driven by a $603.2M derivatives loss, triggering a securities fraud inve...

Declan Byrne 👁 27 💬 0
Munich Re Holds Firm on Pricing, Cuts July Renewal Volume by 9% Amid Softening
Insurance

Munich Re Holds Firm on Pricing, Cuts July Renewal Volume by 9% Amid Softening

Reinsurer posts €2.2bn Q2 net profit, trims volume to €2.1bn, says no acceleration in rate softening; disciplined cycle ...

Tamar Rosen 👁 28 💬 0
GXO Logistics Posts Strongest Quarter in Three Years, North America Leads Growth
Companies

GXO Logistics Posts Strongest Quarter in Three Years, North America Leads Growth

The contract logistics giant reported record new business wins and AI-driven operational gains, with North America becom...

Declan Byrne 👁 29 💬 0
Saudi Aramco’s Profits Leap 44% as Middle East War Tightens Global Oil Supply
Energy

Saudi Aramco’s Profits Leap 44% as Middle East War Tightens Global Oil Supply

The Saudi oil giant posted net income of 122.6 billion riyals (€28.4 billion) for Q2 2026, fueled by crude above $100 af...

Aoife Keane 👁 38 💬 0
Caterpillar Q2 Beat Eases AI Spending Worries as Backlog Hits Record $72B
Companies

Caterpillar Q2 Beat Eases AI Spending Worries as Backlog Hits Record $72B

Caterpillar's Q2 sales hit $20.5B and backlog reached a record $72B on data center demand, sending shares up 11% premark...

Declan Byrne 👁 36 💬 0
Shale Profits Set for Strongest Quarter Since 2022 on War-Driven Oil Rally
Energy

Shale Profits Set for Strongest Quarter Since 2022 on War-Driven Oil Rally

U.S. shale producers are expected to post their strongest quarterly profits since 2022 as a war-driven crude rally boost...

Aoife Keane 👁 30 💬 0
Lemonade Narrows Q2 2026 Loss to $43M as Premiums and Customers Surge
Insurance

Lemonade Narrows Q2 2026 Loss to $43M as Premiums and Customers Surge

Lemonade's Q2 2026 net loss narrowed to $43M from $44M a year earlier, as gross profit hit a record $113M and customers ...

Tamar Rosen 👁 34 💬 0
Loblaw's T&T California Debut Sets Record Sales as Discount Banners Drive Q2
Retail

Loblaw's T&T California Debut Sets Record Sales as Discount Banners Drive Q2

Loblaw's first U.S. T&T store posted record first-week sales, and discount banners Maxi and No Frills powered a 3.3% ris...

Orla Fitzpatrick 👁 27 💬 0
Rivian Narrows Q2 Loss as Cheaper R2 SUV Hits the Road
Companies

Rivian Narrows Q2 Loss as Cheaper R2 SUV Hits the Road

Rivian's adjusted EBITDA loss narrowed to $379 million on revenue of $1.66 billion, beating estimates, as the company ra...

Declan Byrne 👁 32 💬 0
Adidas's Record $7.7B Quarter Turns Sour as $1B Marketing Splurge Hits Profit
Companies

Adidas's Record $7.7B Quarter Turns Sour as $1B Marketing Splurge Hits Profit

Adidas posted its highest ever quarterly sales, fueled by a $1 billion World Cup marketing blitz, but a 30% surge in spe...

Declan Byrne 👁 29 💬 0
Gallagher's Revenue Soars 24% as New Business and AssuredPartners Offset Property Market Reset
Companies

Gallagher's Revenue Soars 24% as New Business and AssuredPartners Offset Property Market Reset

Arthur J. Gallagher posted $3.96 billion in second-quarter revenue on 6% organic growth and the integration of AssuredPa...

Declan Byrne 👁 53 💬 0
Universal Music Q2 Revenue Beats as Streaming Growth Jumps 15.4%, But EBITDA Slips
Companies

Universal Music Q2 Revenue Beats as Streaming Growth Jumps 15.4%, But EBITDA Slips

Universal Music Group's subscription and streaming revenue surged back to double-digit growth, yet margins dipped slight...

Declan Byrne 👁 35 💬 0
Coca-Cola Lifts 2026 Outlook After Strong Q2, but Shares Still Overvalued
Companies

Coca-Cola Lifts 2026 Outlook After Strong Q2, but Shares Still Overvalued

Coca-Cola's Q2 organic revenue rose 6%, and the company raised full-year guidance. However, Morningstar sees shares as s...

Declan Byrne 👁 35 💬 0