Latest

Analog Devices, Carlsberg, Geberit and Straumann to report earnings this week
Five European and U.S. companies issue quarterly results this week, including Swiss industrials Geberit and Straumann and Danish brewer Carlsberg. Analysts will watch for signs of margin pressure and demand trends.

Whitehaven Coal posts A$1.25bn FY26 EBITDA as costs fall despite softer prices
Record output of 40.3 million tonnes offsets a 6% price decline, while unit costs drop to A$132 per tonne. Net profit rises to A$385m on A$5.4bn revenue.

SHAPE posts AUD 1.2 bln revenue in FY 2026, up 30% on year
Australian construction group SHAPE reported record annual revenue of AUD 1.2 billion for FY 2026, a 30% increase from the prior year. EBITDA rose 53% to AUD 50.1 million, while net profit climbed 50% to AUD 31.7 million.

South Korea’s KOSPI halts trade after 5% slide amid chip stock rout
KOSPI index briefly suspended trading after falling more than 5% as SK Hynix and Samsung led declines in semiconductor shares. U.S. chip index also dropped sharply.

Gold steadies near $4,500/oz as yields ease; Fed minutes awaited
Bullion pared losses after a sharp drop as U.S. Treasury yields declined and oil prices rose. Treasury to double buyback operations next month as Fed minutes loom.

Mirvac lifts FY2026 profit 7%, announces A$200m buyback
Australian property group Mirvac reported a 7% rise in operating profit to A$508m, while shares gained 6.6% after it guided FY2027 earnings growth and launched a A$200m on-market buyback.

Iluka’s H1 2026 cash flow jumps 115% as rare earths refinery nears completion
Mineral sands producer Iluka Resources reported a surge in operating cash flow and slashed net debt by 42% in the first half of 2026, while advancing its Eneabba rare earths refinery project toward a 2027 commissioning target.

Temple & Webster posts record FY26 revenue but warns of weak FY27 start
Australia’s largest online furniture retailer reported 11% revenue growth for FY26 but flagged a 13% year-to-date sales decline in FY27. Shares fell 16.6% to $4.21 amid cautious outlook.

Energy One lifts FY2026 revenue, eyes GMSL acquisition to expand European footprint
Recurring revenue grew 17% YoY to AUD 64.6m as Energy One targets a 30% cash EBITDA run-rate by FY2027. GMSL deal, slated to close by November 2026, is expected to double its European customer base and boost EPS by 35%.

Cerebras unveils CS-4 AI chip with 30x faster inference, plans 600 MW data center buildout
Chipmaker's next-generation CS-4 system delivers up to 30 times faster inference than GPU rivals while targeting 600 MW of data center capacity by end-2025. Revenue surged 91% in the last twelve months.

CSL shares surge to six-month high on FY27 profit guidance, buyback
Australian biotech giant lifts FY27 underlying net profit forecast by 5% at constant currency, unveils A$1.1bn buyback as shares jump 5% to A$165.88.

Hansen shares drop 18% after FY26 results, FY27 transition guidance
Hansen Technologies reported AUD 120 million underlying EBITDA for FY26, up 7% on the year, but shares fell after weak FY27 outlook and executive transition details emerged.

Geely leads Hong Kong-listed EV stocks in fundamental strength
Geely Automobile tops sector metrics with 18.1% ROE, 10.2x P/E and HKD 54.69B free cash flow, while peers struggle with losses and negative cash flows.

Hansen Technologies flags leadership change as FY26 margins hit 31%
Hansen Technologies reported FY26 underlying EBITDA margin of 31%, exceeding its 30% target, while announcing a CEO transition effective November 2026. FY27 outlook indicates margin normalization as investments rise.

Breville FY26 sales rise 9.7% on AI efficiency gains, direct markets drive growth
Record AUD 1.81 bln revenue reported as coffee and cooking segments post double-digit gains, with AI tools cutting operational time by up to 84%. Shares dip 3.1% on margin pressure.

Stockland posts 10.4% FFO rise, lifts FY27 guidance after strong FY26
Australia’s largest diversified property group reported a 10.4% jump in funds from operations to A$892m, with FFO per security at the top of guidance. Shares surged 14.4% on the outlook.

OpenAI’s Q2 revenue growth trails Anthropic as losses widen
OpenAI’s second-quarter revenue rose 18% sequentially to $6.7 billion, but operating losses deepened to $12.3 billion. Anthropic’s revenue more than doubled to $11.6 billion, surpassing OpenAI in the period.

Cerebras unveils AI inference server with faster chatbot response chips
New CS-4 system uses 5nm WSE-3 Turbo chips to cut AI query latency, targeting Anthropic’s Claude workloads. Hardware arrives Q3, next-gen due 2027.

Whitecap Resources sets 2026 debt target after Veren acquisition
Canadian oil producer outlines CAD 2 billion debt reduction plan and forecasts CAD 2.2 billion free cash flow in 2026 base case. Production guidance maintained at 384,000-386,000 BOE/day.

Herc Rentals appoints Erik Olsson to expanded board
Appointment adds industry veteran to nine-member board as company reports $4.4 billion in 2025 revenue and operates 607 North American locations.

Honeywell reshuffles Process, Building Automation leadership
Billal Hammoud takes over Process Technology as Juan Picon replaces him at Building Automation. Ken West departs for an external role after leading Process Technology.

Industries Qatar posts 89% profit slump in H1 2026 on lower volumes
Net profit fell to QR 216 million as volumes declined 31% and sales dropped 46% year-over-year. Steel segment remained profitable while petrochemicals and fertilizers posted losses.

Saratoga Investment raises $85M via 8% notes due 2031
Business development company Saratoga Investment priced an $85 million unsecured notes offering at an 8% yield, maturing in 2031, with proceeds to redeem its 2027 notes.

Anthropic plans dual-class shares for founders ahead of potential IPO
AI startup Anthropic is preparing to issue supervoting stock to CEO Dario Amodei and co-founders as it gears up for a public listing, The Information reports. The unusual governance structure could support a record-breaking IPO.

