Equities
Austevoll Seafood Q2 2026 profit falls short as Peru operations weigh on results
Norwegian seafood group Austevoll Seafood reported an 11% revenue miss and a net loss of 254 million NOK in Q2 2026, as El Niño-driven disruptions in Peru and Chile disrupted pelagic operations.
Greenland Mines shares drop 19% after 1-for-50 reverse split plan
The NASDAQ-listed miner’s stock fell sharply after announcing a reverse stock split to meet Nasdaq’s listing requirements. Operations continue at the Skaergaard gold-palladium project in East Greenland.
Wolfe Research flags Amazon, Alphabet, DoorDash as top stock picks
Analysts highlight cloud computing, digital advertising and food delivery as key sectors for the next 12 months. Amazon’s AWS growth and $18bn Louisiana data center expansion lead the recommendations.
US stocks fall as Walmart drags; Moderna surges then pares gains
Moderna’s shares soar 177% before paring gains to 140% above Tuesday’s close. Walmart’s weak quarter weighs on retail peers. SMI and Swiss indices decline as oil prices rise.
Cosmos Health secures five-year Saudi distribution deal for supplements
Innova Healthcare, majority-owned by Alkhabeer Capital, will exclusively distribute Cosmos Health's Sky Premium Life supplements across Saudi Arabia over a five-year term with an option to renew.
US stocks slip on Walmart earnings, oil prices; SMI extends losses
Walmart shares drop 6% on weak U.S. sales; Deere gains 4% on upbeat outlook. Brent crude hits $94/bbl as Middle East tensions rise. SMI falls 0.45% with Logitech, Swiss Re leading declines.
Medivir posts SEK 253.5m cash position after Q2 2026 earnings
Swedish biotech raises SEK 140m via oversubscribed share issue while advancing fostrox in liver cancer and MIV-711 in rare bone diseases. Net turnover declines to SEK 1.2m.
Greenland Mines approves 1-for-50 reverse stock split, GRML ticker retained
Nasdaq-listed Greenland Mines Ltd will reduce its share count from 158.85 million to 3.18 million under the split, effective Sunday. The move targets compliance with Nasdaq's minimum bid price rule.
Swiss utility BKW shares fall 1.1% on weak H1 2026 results
BKW AG reported a 3.1% drop in operating income to CHF 2.18 billion, with EBITDA and EBIT declining 10.1% and 15.1%, respectively. Net profit rose 7% to CHF 217.6 million.
Ultragenyx shares jump 14% after FDA approves first gene therapy
GENGLYCOS granted accelerated approval for glycogen storage disease type Ia, marking Ultragenyx's fifth FDA authorization and first gene therapy. Shares rose 14% in after-hours trading.
Ethan Allen shares rise 4.5% on $3 special dividend declaration
Home furnishings company declares $3 per share special dividend, totaling $76 million, with record date set for September 2026.
Viking Holdings beats Q2 2026 EPS forecast as bookings surge
Cruise operator posts $1.31 adjusted EPS, 37.9% above estimates, as revenue climbs 16.5% and core capacity reaches 96% for 2026. Net income rises 33% year-over-year.
Cambi’s Q2 2026 profit falls as backlog surges to NOK 1.5 bln
Revenue and EBITDA decline amid project completions, while order intake jumps 442% to NOK 554 million. Backlog grows 58% to NOK 1.5 billion, with 46% slated for delivery beyond 2028.
Cogent Communications stock drops 5% after JPMorgan downgrade
JPMorgan cut its rating to Underweight and slashed the price target to $9, citing weaker-than-expected revenue, execution issues in the Waves business and elevated leverage.
German DAX slips 0.07% as tech weakness weighs on gains
The DAX held near flat levels after overnight losses in semiconductor stocks weighed on European equities, while the MDax and Euro Stoxx 50 also slipped modestly. Infineon led declines among DAX tech names.
JPMorgan downgrades Klarna to Neutral, slashes price target to $18
J.P. Morgan cut Klarna’s rating to Neutral from Overweight and reduced its price target to $18, citing weaker-than-expected growth in Europe and a softer outlook for discretionary spending.
Daimler Truck nets €600 million from Archion stake sale
Proceeds from partial Archion divestment fund strategic shift as stake reduced to 25% from over 40% in June. Toyota remains a co-investor in the joint venture.
Bleichroeder shareholders to vote on Pasqal merger next week
The merger between Bleichroeder Acquisition Corp. II and French quantum computing firm Pasqal requires shareholder approval at a meeting scheduled for August 25. The deal follows SEC approval in August.
Vow ASA swings to Q2 2026 profit as maritime demand strengthens
Norwegian industrial group Vow ASA reported a return to profitability in Q2 2026, driven by maritime segment growth and improved margins, though liquidity pressures persisted amid delayed customer payments.
Straumann shares slide after surprise CEO departure announcement
Dental implant maker’s stock fell as much as 9.5% at open after Guillaume Daniellot’s abrupt exit, later paring losses to 6.2%. Analysts cite uncertainty despite solid half-year results.
Unitree shares surge over 500% in China debut after IPO
Humanoid robot maker Yushu Technology saw shares jump from 150.8 yuan to peak at 1,100 yuan before paring gains. Demand from retail investors fueled the surge amid broader AI and robotics investment trends.
Geberit shares jump 7.1% on strong first-half sales growth
Swiss plumbing group posts ninth straight quarter of currency-adjusted sales growth, lifts full-year guidance. Shares rise to CHF 564.2.
Ethan Allen shares jump 4.3% on $3 special dividend declaration
Home furnishings retailer Ethan Allen approved a $76 million special payout, the largest in its history, alongside strong fiscal 2026 margins and cash flow. The move follows a governance challenge from a 5% investor.
FTSE 100 edges higher as miners rebound despite UK inflation uptick
UK stocks rise 0.05% as precious-metals miners lead gains, while CPI accelerates to 2.9% in July and energy prices surge 14.7%. Brent crude and WTI slip as gold extends rally.