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Earnings call transcript: HomeToGo posts stronger H1 2026 cash flow and EBITDA gains
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Swiss Market Index slips as Geberit surges; oil hits four-day high
Geberit shares jumped 8% on strong half-year results while Straumann fell 6.3% after CEO departure. Brent crude rose above $92 as geopolitical risks mount.

Ambea posts 88% EPS gain, SEK 929m free cash flow in Q2 2026
Swedish care provider Ambea reported an 88% rise in adjusted EPS to SEK 2.13, while rolling 12-month free cash flow reached SEK 929m as EBITDA margins hit 10%. Shares rose 10.7%.

Lufthansa rolls out Starlink Wi-Fi across fleet by 2029
German carrier becomes latest airline to adopt Elon Musk’s satellite internet, with full fleet coverage planned by 2029. Service already live on Airbus A320neo from Frankfurt.

European gas prices retreat from five-month highs as geopolitical risks ease
Wholesale European gas contracts slipped on Wednesday after a five-day rally paused, with Dutch TTF futures down 0.45% from intraday peaks tied to Middle East tensions. Storage levels remain below 63% ahead of winter.

SolvChem secures expanded credit facility from Amegy Bank
The $14 billion-asset Amegy Bank unit boosts SolvChem’s revolving and term-loan capacity to fund new production lines and organic expansion. Westlake Securities acted as sole financial adviser.

Albion VCTs launch £40m share offer, target September opening
Three Albion venture capital trusts plan to raise up to £40 million in aggregate through new share issues, with Albion Enterprise and Albion Technology & General each targeting £15 million and Albion Crown seeking £10 million.

Dollar, euro lose nearly half their purchasing power since 2000
U.S. dollar and euro purchasing power halved over 25 years, while Swiss franc held value better amid divergent central bank policies. Inflation trends and wage dynamics compared.

Pure Storage shares hit all-time high of $118.93
Pure Storage stock rose to $118.93, its highest level, with analysts setting targets up to $150 and noting strong AI‑driven demand.

CBL International swings to profit on higher fuel prices, volume growth
Marine fuel logistics firm CBL International reported net income of $1.5 million in H1 2026, reversing a $992,000 loss a year earlier, as revenue surged 49.2% to $395.59 million.

KeyBanc analyst cites pricing shift, growth durability and valuation as tech M&A catalysts
KeyBanc Capital Markets analyst Jackson Ader says a move to consumption‑based pricing, sustained growth confidence and a 26% drop in software valuations could speed tech mergers and acquisitions.

Chile’s GDP flat in Q2, copper drags as mining sector weighs
Chile’s economy stagnated in the second quarter, missing forecasts for a 0.3% rebound as copper output fell. Annual GDP contracted 0.2%, reversing expectations for modest growth.

Swiss stocks rise as Roche, Novartis offset losses; Nasdaq falls sharply
SMI gains 0.13% with healthcare giants leading gains, while U.S. tech selloff drags Nasdaq down 1.49%. ABB and cyclicals decline as bond yields climb to multi-year highs.

Geberit shares seek rebound after first-half 2026 results
Swiss sanitary technology group to report H1 earnings amid 13% YTD decline and cautious market outlook. Analysts eye margin stability and renovation segment trends.
AI bubble tops BofA fund manager survey as tech euphoria cools
32% of global fund managers flag AI as the primary tail risk, while semiconductor positioning declines sharply; cash levels hit six-year lows.

Francisco Partners to buy Weave for $650 million in cash
The deal values Weave at a 34% premium to its prior close and will take the healthcare software firm private in Q4 2026.

Square, OpenTable deepen integration to unify restaurant reservations and payments
Partnership expands to link reservation data with Square’s transaction and guest analytics across six countries, aiming to streamline operations for 70,000+ venues.

Palogic urges Granite Point Mortgage to halt lending, cut costs
Activist investor Palogic calls for immediate suspension of new loan originations and cost reductions at Granite Point Mortgage Trust, citing steep asset declines and credit deterioration.

DAX slips 0.3% as oil, bond yields weigh; Brent tops $90
German blue-chip index falls further from record as rising crude prices and 15-year high yields in German and U.S. bonds dampen sentiment. Energy and chip stocks lead declines.

Swiss stocks slip as global markets waver; Roche, Novartis advance
Swiss Market Index fell 0.13% as U.S. futures declined on rising bond yields and Middle East tensions. Roche and Novartis led Swiss gains, while cyclicals like ABB lagged. U.S. tech and AI-linked stocks retreated.

Daimler Truck ordered to pay manager €210,000 in gender pay dispute
A female manager at Daimler Truck won a legal battle over alleged gender pay discrimination, securing back pay for 2018-2022. The court ruled in her favor after Daimler failed to disprove bias claims.

Odfjell Drilling posts $251 mln Q2 revenue, lifts dividend to $0.25/share
Norwegian offshore driller reports 14.6% year-over-year revenue growth to $251 million, while maintaining a quarterly dividend of $0.25 per share. EBITDA margin expands to 64.5% as fleet utilization remains robust.

Xiaomi Q2 2026 profit steady as EVs and AI drive growth
Smartphone and IoT revenue offset margin pressures while EV deliveries topped 104,000 units. AI model MiMo V2.5 ranked No. 1 globally by token volume.

Disney, ABC sue FCC over broadcast license review threat
Media giant files lawsuit to block early license reviews for eight ABC stations, alleging regulatory retaliation over editorial decisions. FCC cites diversity policy investigation as justification.

