Equities

Dermapharm posts 14% H1 EBITDA growth as shares rise 1.8%
German pharma group reports 5% revenue growth and 11% earnings rise in first half of 2026, lifts outlook amid strong branded product momentum.

US stock futures rise on tech bets; Nvidia earnings in focus
Dow, Nasdaq seen opening higher as chip stocks rebound; Swiss SMI gains 0.21% led by ABB and Logitech. Oil slips, Bitcoin tops $80,000.

DAX edges up 0.1% as oil slide eases inflation concerns
German blue-chip index nears record high after softer oil prices and upbeat economic signals, while SAP drops nearly 3% on UBS downgrade. Nvidia earnings loom as key U.S. catalyst.

Amrize CFO exits after five months as shares hit record low
Sam Poletti named successor to Baris Oran at struggling Swiss building materials group after shares breach key support. Investor pressure mounts amid inflation and margin concerns.
German DAX rises 0.8% as Ifo data fuels growth hopes
German business sentiment improved more than expected in August, lifting the DAX to within 260 points of its record high. Oil prices eased on geopolitical tensions, while chipmakers and Siemens Energy led gains.

Swiss SMI edges up 0.12% as Roche, Novartis weigh on blue chips
Amrize and Holcim lead gains in the SMI, while Stadler Rail surges 22% on strong half-year results. US PCE inflation ticks up to 3.7%, lifting September Fed hike odds to 40%.

German growth surprise, cheaper oil lift European stocks
DAX gains nearly 1% as GDP beats expectations; Brent and WTI oil drop 3% on easing Iran tensions. Siemens Energy shares rise on unit spin-off plans.

Ligand Pharmaceuticals posts 34% revenue rise, raises 2024 EPS guidance
Royalty-focused biotech reports Q2 results and outlines growth strategy at Midwest IDEAS Conference. Shares up 76% over past year.

HPE shares seen swinging 10% on Sept. 2 earnings after options surge
Options pricing signals a potential 10% move for Hewlett Packard Enterprise shares when the company reports third-quarter results after the market close on Sept. 2. Historical data shows mixed alignment between implied and actual volatility.

Leonteq nominates Casutt as chairman, Suter to board ahead of Sept AGM
Casutt, a former Siegfried Holding AG chairman, to succeed Chambers as president; Suter, ex-CFO of Siegfried, joins board. AGM set for Sept 21.

Partners Group PE NAV falls 8.6% in H1 2026 as distributions rise
Private equity investor’s net asset value declined amid portfolio write-downs, though strong investor payouts and selective deployments provided partial offset. Shares trade at a 38.8% discount to NAV.

Swiss equities flat as Logitech, ABB rise; Amrize falls on CFO exit
The SMI traded little changed Tuesday, with Logitech and ABB leading gains while Amrize slumped after its finance chief departed. Swiss franc weakened against the dollar and euro as regional markets tracked mixed European cues.

European stocks rise after Iran sanctions threats fail to materialize
Stoxx Europe 600 gains 0.4% as geopolitical tensions ease; Germany’s Q2 GDP growth beats estimates at 1.0%. Brent crude dips below $92 a barrel.

UBS pushes for softer AT1 capital rules amid Swiss bank reform debate
Swiss lawmakers weigh compromise on Additional-Tier-1 debt as UBS-backed study argues for earlier loss-absorption triggers. Next vote set for Aug. 31.

Germany’s DAX hits record close after sector-led gains
Utilities, chemicals and insurance shares drove the Frankfurt market higher, with the DAX up 0.82% to a record finish. The MDAX and TecDAX also advanced, while gold and oil futures slipped.

German DAX hits record high after Fed’s Warsh signals rate hike risk
German blue-chip index climbs 0.77% to fresh peak after US central bank chief warns of inflation fight; automakers and chemicals lead gains. Euro Stoxx 50 advances 0.95% as risk appetite persists.

European stocks rise as U.S. sanctions on Iran ease crude supply fears
Euro Stoxx 600 gains 0.4% as Brent crude steadies near $91.50; German GDP beats estimates with 1.0% annualized growth in Q2.

Amrize appoints Sam Poletti as CFO, names new IR head
Poletti, a former Holcim executive, succeeds Baris Oran in the CFO role. Dillon Cumming joins as vice president of Investor Relations effective Sept. 8.

Swiss stocks mixed as SMI edges higher; Arbonia plunges on earnings
ABB gains led gains among large caps while Arbonia slumped 9.8% after results; UBS and Vontobel adjusted ratings and price targets for several Swiss equities. The Swiss franc weakened further against the dollar and euro.

Vienna Insurance Group posts 21% H1 profit surge, CEE expansion drives growth
Austrian insurer Vienna Insurance Group reported a 20.7% rise in first-half profit before taxes to €641.5 million, as gross written premiums climbed 5.4% to €9.03 billion. The company highlighted Central and Eastern Europe as a key driver of performance.

DroneShield posts 74% H1 2026 revenue growth, lifts FY guidance
Defense drone detection firm DroneShield reported AUD 126 million in first-half revenue, up 74% year-over-year, while reaffirming full-year guidance and flagging margin pressures from ERP and warehouse moves.

Suncorp shares surge 4.2% on report of Tokio Marine takeover interest
Australian insurer’s stock jumps to A$18.70 after Financial Times cites Tokio Marine’s potential multi-billion-dollar bid. ASX 200 rises 0.7% on Tuesday.

German stocks rise as oil falls; SAP drags DAX lower
DAX advances 0.48% to 26,391 as Brent crude drops over 3% and Euro Stoxx 50 gains 0.5%. SAP falls 3.7% after UBS downgrade; Nvidia awaited after U.S. PCE data.

Palantir CEO sells $86 million in shares under pre-set trading plans
Alexander Karp disposed of 492,348 Class A shares through two Rule 10b5-1 plans, including a $70.3 million tax-withholding sale tied to vested RSUs. Shares traded between $172.19 and $176.37.

