Märkte
German growth surprise, cheaper oil lift European stocks
DAX gains nearly 1% as GDP beats expectations; Brent and WTI oil drop 3% on easing Iran tensions. Siemens Energy shares rise on unit spin-off plans.
Ligand Pharmaceuticals posts 34% revenue rise, raises 2024 EPS guidance
Royalty-focused biotech reports Q2 results and outlines growth strategy at Midwest IDEAS Conference. Shares up 76% over past year.
HPE shares seen swinging 10% on Sept. 2 earnings after options surge
Options pricing signals a potential 10% move for Hewlett Packard Enterprise shares when the company reports third-quarter results after the market close on Sept. 2. Historical data shows mixed alignment between implied and actual volatility.
Leonteq nominates Casutt as chairman, Suter to board ahead of Sept AGM
Casutt, a former Siegfried Holding AG chairman, to succeed Chambers as president; Suter, ex-CFO of Siegfried, joins board. AGM set for Sept 21.
Partners Group PE NAV falls 8.6% in H1 2026 as distributions rise
Private equity investor’s net asset value declined amid portfolio write-downs, though strong investor payouts and selective deployments provided partial offset. Shares trade at a 38.8% discount to NAV.
Swiss equities flat as Logitech, ABB rise; Amrize falls on CFO exit
The SMI traded little changed Tuesday, with Logitech and ABB leading gains while Amrize slumped after its finance chief departed. Swiss franc weakened against the dollar and euro as regional markets tracked mixed European cues.
European stocks rise after Iran sanctions threats fail to materialize
Stoxx Europe 600 gains 0.4% as geopolitical tensions ease; Germany’s Q2 GDP growth beats estimates at 1.0%. Brent crude dips below $92 a barrel.
UBS pushes for softer AT1 capital rules amid Swiss bank reform debate
Swiss lawmakers weigh compromise on Additional-Tier-1 debt as UBS-backed study argues for earlier loss-absorption triggers. Next vote set for Aug. 31.
Germany’s DAX hits record close after sector-led gains
Utilities, chemicals and insurance shares drove the Frankfurt market higher, with the DAX up 0.82% to a record finish. The MDAX and TecDAX also advanced, while gold and oil futures slipped.
German DAX hits record high after Fed’s Warsh signals rate hike risk
German blue-chip index climbs 0.77% to fresh peak after US central bank chief warns of inflation fight; automakers and chemicals lead gains. Euro Stoxx 50 advances 0.95% as risk appetite persists.
European stocks rise as U.S. sanctions on Iran ease crude supply fears
Euro Stoxx 600 gains 0.4% as Brent crude steadies near $91.50; German GDP beats estimates with 1.0% annualized growth in Q2.
Amrize appoints Sam Poletti as CFO, names new IR head
Poletti, a former Holcim executive, succeeds Baris Oran in the CFO role. Dillon Cumming joins as vice president of Investor Relations effective Sept. 8.
Swiss stocks mixed as SMI edges higher; Arbonia plunges on earnings
ABB gains led gains among large caps while Arbonia slumped 9.8% after results; UBS and Vontobel adjusted ratings and price targets for several Swiss equities. The Swiss franc weakened further against the dollar and euro.
Molecular Partners extends cash runway to 2027, advances cancer drug pipeline
Swiss biotech firm raises next dose level for experimental DLL3-targeting therapy MP0712 while reducing R&D spend. Loss narrows to 26.7 million francs in H1 2026.
India’s Russian oil imports fall from July record on supply constraints
Imports drop to about 2 million bpd in August from July’s peak of 2.8 million bpd as Ukrainian strikes and Chinese demand curb Russian supply. Refiners pivot to West African and American crude.
Vienna Insurance Group posts 21% H1 profit surge, CEE expansion drives growth
Austrian insurer Vienna Insurance Group reported a 20.7% rise in first-half profit before taxes to €641.5 million, as gross written premiums climbed 5.4% to €9.03 billion. The company highlighted Central and Eastern Europe as a key driver of performance.
DroneShield posts 74% H1 2026 revenue growth, lifts FY guidance
Defense drone detection firm DroneShield reported AUD 126 million in first-half revenue, up 74% year-over-year, while reaffirming full-year guidance and flagging margin pressures from ERP and warehouse moves.
Suncorp shares surge 4.2% on report of Tokio Marine takeover interest
Australian insurer’s stock jumps to A$18.70 after Financial Times cites Tokio Marine’s potential multi-billion-dollar bid. ASX 200 rises 0.7% on Tuesday.
German stocks rise as oil falls; SAP drags DAX lower
DAX advances 0.48% to 26,391 as Brent crude drops over 3% and Euro Stoxx 50 gains 0.5%. SAP falls 3.7% after UBS downgrade; Nvidia awaited after U.S. PCE data.
Palantir CEO sells $86 million in shares under pre-set trading plans
Alexander Karp disposed of 492,348 Class A shares through two Rule 10b5-1 plans, including a $70.3 million tax-withholding sale tied to vested RSUs. Shares traded between $172.19 and $176.37.
German software stocks rise after Salesforce, CrowdStrike earnings beat
SAP, Nemetschek and TeamViewer gain as U.S. peers Salesforce and CrowdStrike post strong quarterly results and lift guidance, easing AI demand concerns.
Intershop profit falls on lower revaluations despite portfolio growth
Swiss real estate firm's first-half net income drops 61% to CHF 67.5m as valuation gains shrink, though operating profit rises 18% and portfolio expands to CHF 1.92bn.
Why the Dollar’s Upcoming PCE Test Could Unsettle the Yield Curve—and What It Means for Euro‑Dollar
As core PCE looms, a retreat in long‑dated yields signals a fragile dollar rally; I argue the data will reshape expectations for Fed policy and the EUR/USD trajectory.
Celcuity files FDA application to expand breast cancer drug REVTORPYK label
Supplemental New Drug Application targets HR+/HER2- breast cancer patients with PIK3CA mutations. Phase 3 data showed 50% reduction in progression risk.
Coles FY26 profit jumps 13.7% as digital sales surge 26%
Supermarket giant posts record earnings growth, with eCommerce sales penetration rising to 15.7% in early FY27. Liquor segment EBIT plunges 47.8% amid restructuring costs.