Business

QBE shares fall 5.3% despite strong H1 2026 results
Insurer reports improved H1 2026 earnings but sees shares decline as market reaction outweighs financial performance.

Nu Holdings posts earnings miss, revenue beats forecasts
Latin America's largest digital bank reported second-quarter results that fell short of profit expectations despite revenue growth.

OpenAI’s revenue run rate exceeds $40 billion, Bloomberg reports
Revenue surge driven by AI services and enterprise demand, Bloomberg cites people familiar with the matter. Valuation discussions intensify amid growth.

Baltimore sues Kalshi over alleged illegal sports betting via prediction markets
City alleges prediction market platform operated unlicensed sports wagering in violation of state gambling laws; Robinhood, Webull and Coinbase named as partners.

Gossamer Bio posts earnings beat, revenue exceeds estimates
Biopharma firm Gossamer Bio reported adjusted earnings per share above forecasts, with revenue also surpassing analyst projections for the quarter.

AIG introduces parametric cloud outage insurance product
Insurer AIG unveils a first-of-its-kind parametric insurance solution designed to cover financial losses from cloud service disruptions. The product targets enterprises reliant on cloud infrastructure.

CSN posts Q2 2026 earnings beat, shares rise
Brazilian steelmaker Companhia Siderúrgica Nacional reported second-quarter 2026 results that exceeded market expectations, lifting shares in early trade.

AMS shareholders approve H.B. Fuller acquisition proposal
Dutch sensor maker AMS approves $1.4 billion takeover by adhesives firm H.B. Fuller, marking a strategic expansion in industrial materials.

Boston Pizza fund reports record Q2 2026 sales
Quarterly revenue surpasses prior highs as Canadian casual dining chain cites strong demand and operational efficiencies.

Parker Hannifin completes Filtration Group acquisition
Industrial conglomerate expands filtration business through $13.8 billion deal, reinforcing market position in engineered solutions.
A10 Networks unveils AI gateway for enterprise model management
New platform aims to streamline AI deployment across large-scale enterprise environments while addressing scalability and security challenges.

CCL Industries Q2 2026 earnings beat shares fall
Label manufacturer CCL Industries reported second-quarter 2026 results above forecasts, though its stock declined on the news amid broader market conditions.

Eneva Q2 2026 revenue beats estimates, EPS misses
Brazilian energy firm Eneva reported second-quarter revenue above forecasts but posted earnings per share below expectations, according to its earnings call transcript.

RWE raises 2026 guidance after strong first-half results
German utility lifts full-year outlook on robust H1 2026 performance, citing higher renewable energy output and stable margins.

BEML Q1 2026 revenue beats estimates, shares surge 9.2%
Indian engineering firm BEML reported quarterly revenue above expectations, driving a 9.2% intraday gain in its stock. Analysts cite strong order book and infrastructure demand.

ThyssenKrupp Q3 sales beat but 2026 EPS target missed
German industrial group reports higher-than-expected third-quarter revenue but falls short on earnings-per-share guidance for fiscal 2026.

Standard Bank posts record H1 2026 earnings, ROE rises
South Africa's largest lender reports first-half 2026 profit at record high, with return on equity improving on strong revenue growth and cost discipline.

E Ink Holdings trims 2026 outlook after Q2 earnings beat
Display technology firm posts quarterly profit above estimates but lowers long-term revenue forecast citing soft demand and inventory adjustments.

Norbit Posts Record Q2 2026 Results Despite Share Price Decline
Norbit reported record financial results for the second quarter of 2026, though company shares slipped following the announcement.

Anemoi Secures $3.2 Million in Pre-RTO Subscription Agreements
Anemoi has raised $3.2 million through pre-reverse takeover subscription agreements ahead of a public market listing.

Samsonite Agrees to Acquire Lifestyle Brand Béis for $210 Million
Luggage maker Samsonite has announced a deal to acquire lifestyle and travel accessories brand Béis for $210 million.

Minerva Foods Q2 2026 earnings beat; shares dip on outlook
Brazilian beef processor Minerva Foods reported second-quarter 2026 earnings above expectations but saw its stock decline as investors weighed weaker guidance for the second half of the year.

Europe's tourism sector hit by extreme heat, wildfires
Record temperatures and wildfires disrupt travel plans as tourists seek cooler destinations and flexible options. Industry faces rising costs and operational challenges.

Samsonite H1 2026 sales rise as margins expand
Luggage maker reports higher-than-expected revenue growth and improved profitability in first half of 2026.

Avino Silver & Gold misses Q2 2026 earnings forecasts
Mineral exploration company Avino Silver & Gold reports lower-than-expected Q2 2026 results, citing operational challenges and weaker metal prices.

