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Coinbase tokenized stocks launch on Base with Chainlink pricing
B20 tokens for major US equities go live on Coinbase’s Base network, backed by Chainlink’s real-time price feeds to enable DeFi integration. Total tokenized stock market value exceeds $2.48 billion.

EssilorLuxottica shares fall 40% in 2026 as smartglasses controversy weighs
Analysts see 56% upside to stock after 40% year-to-date decline, though governance and privacy concerns persist. Revenue growth slowed while margins contracted.

Swiss equities rise as SMI gains 0.14% amid mixed sector moves
The Swiss Market Index advances modestly, supported by lower oil prices and U.S. equity strength. SoftwareOne and Stadler Rail shares surge on earnings beats, while Amrize leads decliners after record low.

SoftwareOne posts 68% revenue jump, Crayon integration nears completion
Swiss cloud and software provider SoftwareOne reports strong H1 2026 results, with revenue up 68% to CHF818M, though organic growth adjusted for Crayon stands at 11.6%. Net profit rises to CHF70.6M, EBITDA margin expands to 28.9%.

Swiss canton rejects plan to redistribute BLKB profits to municipalities
Baselland government opposes initiative to divert one-third of Basellandschaftliche Kantonalbank earnings to local communities, citing risk exposure and lack of ownership.

European stocks edge up as Geberit surges on earnings
DAX flat at 26,126 as chip stocks lag; Geberit jumps 8.4% on Q2 beat; ten-year Bund yields hit 11-year high of 3.25%.

UBS-CFA indicator rises but uncertainty over Swiss economy grows
Swiss economic sentiment improves for second month, yet expectations diverge sharply; U.S. outlook darkens while SNB seen holding rates at zero. Euro seen above 0.90 CHF with 79% probability.

Swiss stocks open higher as SMI gains 0.14% on mixed sector moves
SMI advances to 14,538 points with UBS and Amrize among top gainers, while Kühne+Nagel, Lonza and Alcon lag behind. Brent crude falls 2.5% to $86.35 amid Iran talks.

German stocks little changed ahead of U.S. inflation data, Nvidia results
DAX slips 0.12% as investors await U.S. PCE data and Nvidia earnings; SAP falls 3.6% on UBS downgrade, Qiagen rises on buyout chatter.

Aroundtown H1 2026 results show steady rental income as debt costs rise
German real estate group reports flat net rental income and 2.7% like-for-like growth, while finance expenses climb 26% and FFO declines 4% in first half.

Gurit raises H1 2026 outlook, shares surge 19.45% on earnings
Swiss composites maker Gurit upgraded its full-year 2026 sales and margin guidance after posting a 16% rise in continuing operations revenue for H1 2026, with adjusted operating profit up 82% to CHF 16.9 million.

Stadler Rail posts record H1 2026 revenue but shares drop 22%
Swiss train maker Stadler Rail reported a 40% revenue jump to CHF 1.96 billion in H1 2026, yet its shares fell 22% as investors focused on weaker margins and negative free cash flow.

Stadler Rail posts 40% revenue growth in H1 2026, shares drop 22%
Swiss train maker reports record first-half revenue and order intake, but shares fall after margin guidance misses expectations. Berlin plant to break even in 2027.

German stocks little changed as oil slide offsets SAP losses
DAX holds near record levels ahead of U.S. inflation data and Nvidia earnings; SAP drops on UBS downgrade as oil rout eases inflation concerns.

Swiss SMI gains 0.5% as construction, tech stocks lead gains
SMI advances toward record high as Amrize, Holcim and Stadler Rail surge; Roche and Novartis weigh on index. Nvidia earnings awaited after U.S. and Asian gains.

Stadler Rail shares surge 18% after strong half-year results
Swiss trainmaker posts 40% revenue growth, EBIT more than doubles, as stock rebounds from 2022 lows. Analysts upgrade outlook.

Zurich Insurance appoints Liz Padley as Group Treasurer
London-based Barclays executive Liz Padley succeeds Smriti Dahiya at Zurich Insurance, bringing over two decades of banking and capital management experience to the Swiss insurer.

Gurit posts 82% profit jump in H1 2026 as restructuring pays off
Swiss composites maker Gurit Holding AG more than doubled its adjusted operating profit margin to 11% as strategic realignment and cost cuts delivered results. Shares rose nearly 20% on the news.

Swiss analyst confidence rises for second straight month: UBS CFA survey
The UBS CFA Indicator climbed 2.1 points to +12.1 in August, marking the second consecutive positive reading since geopolitical tensions flared. Analysts remain split on Swiss growth, while SNB rate expectations stay anchored near zero through mid-2027.

Swiss real estate risk index falls to lowest in three years, Moneypark says
Moneypark's Real Estate Risk Index dropped to 3.5 points in Q2 2026, driven by stronger PMI, low SNB rates and a slowdown in real price growth, though unemployment and migration weakness remain risks.

Siemens Energy to spin off Transformation of Industry unit amid focus shift
Energy group to separate industrial division valued at over €10 billion, with analysts citing improved investment focus and simplification of group strategy.

Rothschild & Co targets CHF 200 bln wealth AUM in Switzerland by 2027-29
Swiss unit posts record first-half net new money inflows as marquee brand and local acquisitions drive growth, despite headwinds from strong franc and weak rates.

Tesla halts sales of solar roofs after decade, shifts to panels
Premium solar roof tiles discontinued as Tesla redirects focus to traditional panels and scales up cell production in Texas. The move follows years of limited installations despite early ambitions.

Leonteq shares rise as Frey seeks $100M buyback plan
Swiss derivatives firm Leonteq’s largest shareholder proposes a CHF 100 million buyback program, while the board nominates Andreas Casutt as new chairman for a 2026 vote.

