Business
Fervo Energy Q2 2026 losses widen, shares fall
Geothermal energy firm Fervo Energy reported wider losses for Q2 2026, triggering a decline in its stock price. Details from the earnings call transcript.
Bemobi Q2 2026 revenue driven 70% by payments after shift
Payments now account for 70% of Bemobi's Q2 2026 revenue following a strategic business transformation, according to company slides.
Databricks raises $10bn at $190bn valuation
Big data firm secures $10 billion in fresh capital, pushing its valuation to $190 billion as investors bet on AI-driven growth.
ReNew Energy Q1 results eyed ahead of privatization talks
Indian renewable energy firm’s quarterly earnings to be scrutinized as potential stake sale by government nears. Results due after market close on Thursday.
Techno Electric & Engineering shares drop 7% on Q1 2026 earnings
Company posts weak quarterly results, prompting a sharp decline in its stock despite broader market stability.
Wienerberger posts strong Q2 sales but lower H1 profit
Austrian brick and building materials group posts 8% sales growth in Q2 but warns of margin pressure amid rising costs.
Shurgard cuts 2026 outlook as H1 2026 stock declines
Self-storage operator lowers full-year guidance following weaker-than-expected first-half performance and stock price drop.
K+S raises 2026 outlook after stronger-than-expected Q2
German potash miner lifts full-year guidance and 2026 forecast following a robust quarterly performance and improved market conditions.
Bechtle raises H1 2026 outlook on strong demand
German IT services provider Bechtle upgraded its first-half 2026 revenue and profit guidance, citing robust demand across its core markets.
Boyd Group posts $1B revenue in Q2 2026 despite EPS shortfall
Revenue reaches record $1 billion in the quarter, but adjusted earnings per share fall short of analyst expectations.
Brenntag raises 2026 outlook after strong Q2 results
German chemicals distributor posts better-than-expected quarterly earnings and lifts full-year guidance for 2026.
Mirae Asset Securities posts record Q2 2026 profit
South Korean brokerage reports highest-ever quarterly earnings, driven by strong trading volumes and asset management growth.
Unicorn births hit record in H1 2026, surpassing full-year 2025 totals
AI, robotics and semiconductor startups drove the surge, with 195 new unicorns minted in the first half of 2026, exceeding the 193 recorded for all of 2025.
SEC approves IPEX-GOWell merger registration, vote scheduled for Sept. 3
U.S. securities regulator clears registration for the proposed merger of IPEX and GOWell International, with shareholder vote set for early September.
BTG Pactual posts record Q2 2026 profit, ROAE jumps to 26.7%
Brazilian investment bank reports highest-ever quarterly net income, lifting return on average equity to 26.7% as revenue growth outpaces costs.
US energy firms' earnings meet forecasts, revenue beats estimates
Major U.S. energy companies reported quarterly results that matched profit expectations while revenue exceeded analyst projections, supported by stable oil prices and operational efficiency gains.
Maria Shevchuk to keynote Platform Global conference in France
Ukrainian tech entrepreneur and investor Maria Shevchuk will deliver a keynote address at the Platform Global conference in Paris next month.
Eli Lilly to deploy Veeva Vault CRM globally
Pharmaceutical giant Eli Lilly selects Veeva Systems' cloud-based CRM platform to standardize commercial operations across international markets.
UK approves Eli Lilly’s oral weight-loss pill orforglipron
Medicines regulator grants approval for Eli Lilly’s oral GLP-1 therapy, marking the first non-injectable alternative in the UK’s obesity treatment market.
Hannover Re posts strong H1 2026 results, affirms 2026 targets
German reinsurer Hannover Re reported robust first-half 2026 earnings, citing underwriting discipline and investment performance as key drivers. The company reaffirmed its full-year 2026 financial targets.
Americans tap home equity as cash crunch deepens
Mortgage holders withdraw funds via HELOCs and cash-out refinancing amid rising living costs and tight credit conditions. Data shows record usage in 2024.
FINMA issues new ordinance on risk diversification for banks and securities firms
Switzerland's financial regulator FINMA consolidates two circulars into a single ordinance to meet format compliance under the Financial Market Supervision Act.