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Morgan Stanley flags five European software stocks for second-half gains
Bank upgrades IONOS, SAP, Informa, Sage and Amadeus to overweight, citing AI adoption, stable growth and valuation appeal amid sector rebound.
Truflation forecasts July core PCE at 0.2% MoM, Fed seen on hold through 2026
U.S. core inflation expected to rise 0.2% month-over-month in July, while Truflation projects the Federal Reserve will forgo rate hikes for the remainder of the year amid mixed economic signals.
Lambda seeks $3 bln at $12 bln valuation in next funding round
AI cloud provider Lambda is in advanced talks to raise up to $3 billion in a new funding round that would value the company at $12 billion or more. Nvidia is among its backers.
Brazil sets 2027 minimum wage at R$1,741, budget bill on track
The federal government has finalized the minimum wage for 2027 at R$1,741, with the 2027 budget bill set for submission by August 31. Adjustments comply with legal inflation and GDP-linked formulas.
Malibu Life insiders buy shares in open offer and private placement
Insider purchases totaling $2.26 million completed on Aug. 21, with largest transaction by Gatemore Special Opportunities Master Fund. Disclosures comply with UK Market Abuse Regulation.
Expion360 rebrands as Expion Energy, enters oil and gas sector with Louisiana deal
The company formerly focused on battery production will acquire an oil and gas exploration opportunity in eastern Louisiana for $3.425 million, with plans to lease up to $4 million in acreage. The deal requires drilling by February 2027.
Powerus starts counter-drone production in Gulf region
U.S. firm begins manufacturing Guardian interceptors in GCC as part of partnership with regional defense manufacturer. Merger with Aureus Greenway Holdings expected to close in Q4 2026.
Alnylam to unveil ATTR, hypertension drug data at ESC 2026
Late-breaking studies on vutrisiran and zilebesiran will be presented during the European Society of Cardiology Congress in Munich. Data include Phase 3 and Phase 2 analyses alongside real-world ATTR burden findings.
DAX holds above 26,000 as global events loom over markets
German blue-chip index slips 0.11% but remains above key support level ahead of U.S. tariff announcements, Nvidia earnings and Fed remarks. Chipmakers and energy shares diverge amid AI sector volatility.
Aggreko files NYSE IPO for mobile power giant
Glasgow-based Aggreko, a global leader in mobile power and temperature control equipment, has filed for an IPO on the NYSE under the ticker AGKO. Goldman Sachs and J.P. Morgan lead the underwriting syndicate.
Amrize appoints Samuel Poletti as new CFO amid leadership transition
The U.S.-Canada operator names Poletti, a former Holcim finance executive, as CFO following Baris Oran’s departure. A new VP of Investor Relations is also appointed.
Airbus outshines Boeing on valuation, cash flow and debt metrics
Airbus reports a 7.1% net margin and $5.36B free cash flow, while Boeing posts a $11.88B loss in 2024 and struggles with $48.36B in debt. Comparisons show stark contrasts in profitability and leverage.
JetBlue to open second BlueHouse lounge in Boston next week
New 12,000 sq ft BlueHouse lounge at Boston Logan International Airport opens Thursday, expanding JetBlue's premium airport hospitality. Complimentary access expands to Mint and Mint Flex fare customers.
Tesla halts solar roof sales after decade, shifts focus to panels
Company redirects customers to traditional solar offerings as it scales back innovative roof tile program. Plans for a $10.1 billion Texas solar cell factory remain on track.
AEON Biopharma appoints Paul Lee as interim regulatory director
Former FDA neuroscience deputy director Paul Lee takes interim role to lead regulatory strategy for AEON’s BOTOX biosimilar ABP-450, including FDA interactions under the 351(k) pathway.
TotalEnergies CEO flags crude bearishness, product market strength
Patrick Pouyanne warns of a divergent oil market as benchmark crude trades near $90/bbl while refined products command elevated premiums. U.S. gasoline seen holding above $4 under Trump policy.
Needham lifts SK Hynix stock target to $220 on $40 trillion buyback plan
Analysts upgrade SK Hynix to buy as the chipmaker approves a massive share repurchase program and raises shareholder return targets through 2027.
Gold tests double top as bearish momentum builds amid U.S. Treasury actions
Futures briefly topped $4,738 an ounce before pulling back as sanctions announcement looms; technical resistance and Treasury bond-buying program weigh on outlook.
Nomad Foods shares rise 4.6% after insider purchases, strong Q2 results
Nomad Foods stock gained on insider buying and better-than-expected Q2 earnings, even as broader market benchmarks diverged. Shares remain 23% below their 52-week high.
Braskem files for out-of-court restructuring amid $10 billion debt burden
Petrochemical giant Braskem seeks financial protection in Brazil after its U.S. subsidiary Braskem Idesa filed for Chapter 11 last week. Debt exceeds $10 billion across operations.
BTC Digital completes 10MW crypto mining facility in Georgia
The NASDAQ-listed firm has finished construction on a 10-megawatt facility in Georgia, with deployment expected within two months. The site will support up to 900,000 terahashes per second at full capacity.
European stocks mixed as Iran sanctions, Nvidia loom over week
Euro Stoxx 50 slipped 0.22% as traders awaited U.S. sanctions on Iran, Nvidia earnings and Jackson Hole policy signals. FTSE 100 rose 0.35% on metal gains; SMI flat near 14,447.
Global markets cautious amid geopolitical tensions and Nvidia earnings
Swiss and European equities edge lower as investors await key U.S. data, central bank signals and Nvidia’s AI chip results. Oil and gold move in opposite directions.
Swiss equities slip as SMI lags; Roche, Novartis weigh; Richemont gains
Swiss benchmark SMI falls 0.25% to 14,423 as Roche and Novartis slide, while Richemont leads gains. US futures point to a softer open after a mixed week.