Equities
Norse Atlantic posts $132 mln Q2 loss as revenue falls short of forecast
Airline’s second-quarter revenue of $132 million missed a $1.65 billion target, while EBITDA widened to negative $8 million. Stock near 52-week low after bridge loan repayment.
Swedish cybersecurity firm Clavister posts 63% revenue surge in Q2
Clavister Holding AB reported a sharp increase in net sales to 89 million Swedish kronor, reversing a prior-year loss as operating profit reached 13 million kronor. The company cited strong order backlog and a growing sales pipeline.
Swiss stocks rise as 19 of 20 SMI components gain; Roche leads, Aryzta slumps
The SMI advanced 0.12-0.16% with Roche up 0.52% as 19 of 20 index members gained. Aryzta tumbled over 6% after UBS downgraded it to sell amid broader market strength.
Swiss Prime Site posts 2.4% rise in H1 FFO I to CHF 2.15 per share
Swiss Prime Site reported a 2.4% increase in first-half funds from operations to CHF 2.15 per share, supported by higher rental income and asset management inflows. Full-year FFO I guidance maintained at upper end of CHF 4.25-4.30 range.
DAX rebounds above 26,000 after four-day losing streak
German blue-chip index gains 0.31% as investors reassess bond yields and corporate earnings. Fielmann, CTS Eventim, FMC shares slide on weak outlooks.
Norway's B2 Impact lifts 2026 profit target after Q2 earnings surge
Adjusted Q2 EPS rose 21% to NOK 0.66 as unsecured collections offset lower secured revenue. The firm raised its 2026 EPS forecast to NOK 2.25 and boosted investment plans to NOK 4 billion.
Starbreeze Q2 revenue falls 52% as third-party publishing exits
Swedish game developer posts SEK 25.6 million in revenue, missing estimates, as it shifts focus to the PAYDAY franchise following the end of third-party publishing.
BizLink posts record Q2 revenue, margins as AI demand boosts connectivity sales
Taiwan’s BizLink reported NT$23.28 billion in Q2 revenue, beating estimates by 1.7% as AI-driven demand lifted margins to record highs. Semiconductor and HPC segments drove growth.
Akastor reports NOK 17.3/share NAV in Q2 2026, dividend declared
Norwegian investment firm's adjusted NAV fell 10% sequentially as portfolio rebalancing continued. Board approved NOK 0.50 per share cash dividend for Q2.
Rapala VMC H1 2026 profit jumps 57% on North America sales surge
Fishing gear maker Rapala VMC posted a 57% rise in first-half 2026 operating profit, driven by a 19% sales jump in North America, which now accounts for 57% of group revenue.
Straumann shares drop 2.9% as Deutsche Bank cuts target, cites risks
Swiss dental-technology group Straumann fell after Deutsche Bank downgraded its rating to hold and slashed its price target by 17%, citing valuation concerns and CEO transition risks.
Siegfried shares jump 6.7% after strong H1 2026 results
Swiss pharma services firm posts CHF 633 million in revenue, beats estimates on organic growth and drug substance sales. Stock nears 52-week high.
Swiss corporate earnings, economic data due next week
First-half results from Swiss firms and key macro releases are scheduled for Aug. 20-27, including UBS-CFA index, Swissmem tech data and SBB H1 outlook.
Global stocks rise as U.S. bond-buyback plan eases yields; Moderna soars 177%
Swiss SMI and U.S. Dow Jones advance modestly after U.S. Treasury doubles long-dated bond purchases to calm markets. Moderna surges on melanoma-vaccine study with Merck, while Brent crude edges up 0.3% to $91.87.
Ubtech Robotics shares drop 2.9% as robotics sector sell-off widens
Stock falls alongside broader China robotics sell-off after Unitree Robotics' Shanghai IPO. Ubtech faces dilution risks ahead of August 26 EGM.
IWC to cut 18 jobs in Schaffhausen restructuring
Swiss luxury watchmaker IWC will eliminate 18 positions at its Schaffhausen plant, part of a broader organizational adjustment aimed at long-term growth.
Swiss SMI posts second straight weekly loss as pharma, Partners Group slide
The Swiss Market Index falls 0.34% to 14,319.29 as Roche, Novartis and Partners Group weigh on blue chips. Brent crude holds above $93 a barrel amid Middle East tensions.
Nebius prices $5 bln convertible notes offering, ups size from $4.5 bln
The Amsterdam-based AI infrastructure group raised $5 billion in convertible notes, split between 2030 and 2034 maturities, with proceeds earmarked for data centers and AI cloud expansion.
Solaris Energy Infrastructure shares drop 9% on Memphis data-center moratorium
Concerns over a municipal ban on new data centers and a lawsuit tied to temporary turbines pressured shares of the energy infrastructure firm. Analysts cite permit status and location as mitigating factors.
EuroStoxx 50 slips 0.35% as yields, oil rise; Swiss SMI steadies on China trade deal
Eurozone blue-chips extended losses as bond yields and crude prices climbed, while Switzerland's SMI trimmed declines after a China trade pact lifted exporters including Swatch. JD Sports sank 14% on a profit warning.
Fortescue reports record iron ore shipments, AUD 3.5 bln FY26 profit
Australia’s Fortescue posts 9% revenue growth and AUD 3.2 bln free cash flow for FY26, while maintaining a 65% payout ratio. FY27 shipment guidance raised to 197-207 mln tonnes.
Santacruz Silver posts 55% revenue jump in Q2 2026, AISC falls 24%
Silver miner Santacruz Silver Mining reported $113.46 million in revenue for Q2 2026, up 55% year-over-year, while all-in sustaining costs dropped to $21.87 per ounce. Net income fell to $2 million amid non-cash charges tied to exchange-rate shifts in Bolivia.
ARK ETFs shift holdings: buys BWX Technologies, sells Roblox and Shopify
ARK Investment Management executed trades on Aug. 20, adding stakes in BWX Technologies and four other firms while trimming positions in Roblox, Shopify and 10X Genomics.
China’s tech trio diverges in Q2 2026: Tencent rises, Alibaba and Baidu miss
Tencent beats estimates for a fourth straight quarter, while Alibaba and Baidu miss margins. Earnings, margins and valuations highlight stark divergence among China’s largest internet stocks.