Markets
EUR/USD nears multi-month lows, traders eye valuation
Analysts suggest the euro’s recent decline against the dollar may present a buying opportunity, citing stretched oversold conditions and potential mean reversion.
Appear Q2 2026 revenue slumps 30%, guidance cut on timing gap
Slides for the second quarter of 2026 reveal a sharp 30% drop in revenue and a revised downward outlook, attributed to delays in project timelines.
EUR/USD nears 1.1560 resistance after ECB-Fed policy divergence
Euro gains ground as ECB signals cautious rate path while Fed signals potential cuts. Traders eye 1.1560 level as key technical barrier.
Olam shares fall on profit warning, dividend cut
Singapore-based agribusiness group Olam International slashes dividend and lowers full-year profit guidance, sending shares down 6.5%.
Sound Energy non-executive director to leave board in February
Independent director’s departure follows recent corporate governance changes at the UK-listed energy explorer.
GDS shares surge 12% on upbeat outlook despite Q2 miss
Data center operator GDS Holdings gains after forecasting higher demand, offsetting weaker-than-expected Q2 revenue and EBITDA.
JD.com shares fall 9% on weak retail growth despite Q2 earnings beat
Chinese e-commerce giant posts better-than-expected profits but warns of sluggish consumer demand as shares drop sharply.
York Space Systems Q2 2026 outlook cut weighs on shares after strong execution
York Space Systems reported strong second-quarter execution but reduced its 2026 guidance, sending shares lower despite operational progress.
USD/JPY tests Japan’s suspected FX intervention line as carry demand rises
Japanese yen’s decline against the dollar approaches levels that previously prompted suspected currency intervention, while rising global interest rates fuel demand for higher-yielding assets.
Winnebago to close two U.S. factories, consolidate manufacturing
Recreational vehicle maker Winnebago Industries plans to shutter two facilities and shift production to other sites as part of a restructuring effort to improve efficiency.
The Trade Desk shares climb on strong ad-tech demand
Stock rises after earnings beat and upbeat outlook for connected TV advertising, lifting programmatic ad platform amid broader tech rebound.
Workday shares jump on Silver Lake buyout talks report
Workday stock rose sharply after a report suggested private equity firm Silver Lake was exploring a potential buyout. Shares gained over 10% in premarket trading.
Cerebras enables OpenAI’s GPT-5.6 Sol ultrafast mode at 750 tokens/sec
AI chipmaker Cerebras Systems integrates its hardware with OpenAI’s latest model to deliver real-time inference at unprecedented speed.
Anterix says spectrum scarcity boosts spectrum asset value
Wireless spectrum assets gain value as scarcity drives demand at Oppenheimer conference.
Databricks IPO valuation seen at $190 bln with 80% growth
Data cloud leader Databricks is eyeing a $190 billion valuation in a potential IPO, with revenue growth exceeding 80% as investors draw parallels with Snowflake’s market debut.
Top US large-caps boast fortress balance sheets with AAA ratings
A review of the largest U.S. companies with the highest credit ratings, highlighting their strong financial positions and low default risk.
Ferrovial to delist shares from Euronext Amsterdam
Spanish infrastructure group Ferrovial plans to remove its shares from trading on Euronext Amsterdam, citing low liquidity and cost efficiency.
Pan American Silver Q2 2026 slides show strong cash flow, profit miss
Silver miner posts robust quarterly cash flow despite underwhelming profit figures, signaling operational strength amid market volatility.
Citgo Petroleum posts $936 million Q2 profit
U.S. refiner’s quarterly earnings surge as refining margins widen amid stable crude supply. Results reflect industry rebound from pandemic-era lows.
U.S. aircraft carrier USS George Washington deployed to Middle East
Deployed following the longest continuous deployment of USS Abraham Lincoln at 265 days, marking a shift in regional naval operations.
FirstCry Q1 FY27 revenue rises 13% but margins remain under pressure
Indian e-commerce firm FirstCry reports a 13% year-on-year revenue increase for Q1 FY27, though profitability continues to face headwinds from rising costs.
Adyen, PayPal shares compared on valuation upside
Payment processors Adyen and PayPal trade at wide valuation gaps. Analysts assess which offers stronger upside based on growth and margin outlooks.
Fitch downgrades Baidu to A- citing weaker search business
Ratings agency cites declining search revenue and competitive pressures as key factors behind the downgrade from A.
Swiss drugmakers limit reimbursement requests amid U.S. pricing pressures
Pharmaceutical firms in Switzerland are reducing applications for state reimbursement as U.S. drug pricing policies raise cost concerns.
Gol Linhas Aéreas appoints André Fehlauer as new CEO
Brazilian airline taps former Azul executive to lead strategy amid industry challenges.