Markets
France’s 2026 soft wheat harvest protein levels exceed five-year average
FranceAgriMer reports 89% of soft wheat samples contain at least 11% protein, above the five-year average, while 61% meet the 11.5% threshold used by some buyers.
Pelosi buys Bloom Energy and Intel shares, invests in San Francisco hotel
U.S. Representative Nancy Pelosi disclosed purchases of Bloom Energy and Intel stock last month, alongside a $500,000-$1 million investment in a San Francisco luxury hotel property. Bloom Energy shares rose 320% over the past year.
Senhwa completes enrollment in Phase 1b cancer drug trial
Taiwan’s Senhwa Biosciences finishes patient enrollment for CX-5461 trial in advanced solid tumors with BRCA1/2 or related mutations. Clinical Study Report due Q1 2027.
SentinelOne shares fall 6.4% after weak profit guidance overshadows revenue beat
Cybersecurity firm posts Q2 revenue of $292 million, beating estimates, but forecasts for adjusted EPS miss consensus for current and fiscal 2027 quarters.
Swiss stocks rise as SMI nears record; Roche, Novartis lag; U.S. futures mixed
Swiss Market Index climbs 0.5% as construction shares lead gains; SAP downgraded by UBS despite raised price target. U.S. futures diverge ahead of Nvidia earnings and key data.
RATIONAL AG posts 8% organic growth in H1 2026, China sales decline persists
German kitchen equipment maker RATIONAL AG reported EUR 642 million in H1 2026 sales with EBIT rising 11% to EUR 170 million. China remains a drag on growth despite new product launches.
Nvidia lifts U.S. tech futures ahead of Wall Street open; SMI slips on heavyweights
Nvidia’s strong outlook drove semiconductor stocks higher in premarket trading, while Swiss blue chips fell as Nestlé, Novartis and Roche weighed on the SMI. Focus shifts to Jackson Hole Fed symposium.
Swiss stocks fall 1.1% as heavyweights weigh; Partners Group leads gains
Defensive Swiss equities lagged as the SMI slipped 1.1% to 14,384 amid profit-taking ahead of Jackson Hole. Partners Group surged 2.2% while Nestlé, Novartis and Roche declined.
Volkswagen faces internal backlash amid sweeping cuts, Tesla recalls 3 mln cars in China
VW's transformation plan sparks employee criticism; Tesla faces record recall over door-handle safety issues. Plus: Shein's HK IPO targets $1.5 bln, Porsche sells MHP for €320 mln.
Nvidia lifts premarket U.S. stocks; Swiss Market Index falls on heavyweights
Nvidia shares rose 5.9% in premarket trading after earnings, lifting Nasdaq futures 1% and S&P 500 futures 0.44%. Swiss Market Index fell 0.9% as Nestlé, Novartis and Roche weighed on the benchmark.
Schwyzer Kantonalbank posts 25% rise in H1 profit on strong interest income
Swiss regional lender SZKB reports CHF 47.0 million net profit for first half of 2026, up 25% year-on-year, as net interest income surges 21.9% and business success climbs 22.6%.
Ohmyhome to execute 1-for-50 reverse stock split on Aug. 31
Singapore-based digital marketing firm Ohmyhome will consolidate every 50 shares into one effective Aug. 31, reducing outstanding shares from 96.4 million to roughly 1.9 million. Trading resumes Monday under a new CUSIP.
Swiss SMI dips 1% as Nestlé, Novartis, Roche weigh; Gurit surges 10%
Heavyweights drag Switzerland’s blue-chip index lower while Gurit jumps on strong earnings. Investors eye Jackson Hole for Fed clues amid elevated inflation and geopolitical risks.
Accelleron H1 2026 revenue rises 21%, lifts full-year outlook
Swiss turbocharger maker Accelleron Industries reported a 21% year-over-year revenue increase in H1 2026, with net income up 32% and an upgraded organic growth forecast. Shares rose 3.3% to $80.45.
Swiss SMI falls 0.8% as Nestlé, Novartis, Roche weigh; Gurit jumps 10%
Defensive heavyweights drag Switzerland's blue-chip index lower while chip-linked stocks rise on Nvidia earnings. Brent and WTI oil prices drop over 6% in a week amid Hormuz Strait talks.
EVN posts 21% rise in Q1-Q3 net profit on strong networks performance
Austrian utility EVN AG reported a 21% year-over-year increase in group net profit to €525.1 million for the first nine months of fiscal 2025/26, driven by gains in its networks segment despite declines in generation.
StorageVault closes C$81.6 million storage asset acquisitions
Three properties acquired via joint venture with Woodbourne and one solely owned, expanding portfolio to 275 units across Canada. StorageVault to manage 32 third-party units.
Urner Kantonalbank posts 13.3% profit drop on Kamuno writedown
Swiss regional lender’s first-half profit fell to 8.9 million francs as a 13.3 million-franc Kamuno impairment offset growth in core lending and fee income.
European stocks edge lower as AI demand optimism fades
European equities slipped after Nvidia's strong results as investors reassessed AI hardware demand and macro headwinds weighed on broader markets. German consumer sentiment improved slightly ahead of September.
Swiss stocks rise pre-market; Accelleron surges on Nvidia-linked demand
SMI futures up 0.08% as Accelleron leads gains after strong half-year results. Brent and WTI oil drop over 1% on Hormuz Strait opening talks. Nvidia’s AI-driven rally boosts semiconductor suppliers.
Nvidia lifts global stocks after forecasting 70% revenue jump
AI chip giant Nvidia surged in after-hours trade after forecasting a 70% revenue increase and agreeing to a $12.9 billion acquisition. Asian and European futures rose as Brent crude fell ahead of Middle East talks.
Citi warns on European bank stock upside as sector rallies stall
Analysts at Citi downgrade outlook for European lenders despite strong 2026 gains, citing stretched valuations and ECB rate hike risks. HSBC, Santander and BNP Paribas among top performers.
Coinbase tokenized stocks launch on Base with Chainlink pricing
B20 tokens for major US equities go live on Coinbase’s Base network, backed by Chainlink’s real-time price feeds to enable DeFi integration. Total tokenized stock market value exceeds $2.48 billion.
EssilorLuxottica shares fall 40% in 2026 as smartglasses controversy weighs
Analysts see 56% upside to stock after 40% year-to-date decline, though governance and privacy concerns persist. Revenue growth slowed while margins contracted.
Swiss equities rise as SMI gains 0.14% amid mixed sector moves
The Swiss Market Index advances modestly, supported by lower oil prices and U.S. equity strength. SoftwareOne and Stadler Rail shares surge on earnings beats, while Amrize leads decliners after record low.