Equities
Global stocks slip as yields surge; Swiss market edges up on pharma gains
Nasdaq leads losses as U.S. 30-year yields hit 19-year high. SMI ekes out gains on Roche, Novartis gains; ABB falls. Brent crude near $91, gold dips.
EVS posts record H1 2026 revenue as stock remains flat
Broadcast equipment firm EVS reported a 70% year-over-year rise in adjusted H1 revenue to EUR 107.2 million, while net profit grew 24% to EUR 16.5 million. Full-year 2026 revenue guidance was set at EUR 220-240 million.
German DAX holds steady as tech selloff weighs on global markets
Leitindex slips 0.19% as semiconductor stocks drag, while Renk jumps 2.8% on takeover speculation. Euro Stoxx 50 and MDax largely flat.
LINK Mobility reports Q2 2026 organic growth rebound, CPaaS momentum
Revenue rose 17% year-over-year to NOK 2.05 billion, while adjusted EBITDA climbed 28% as enterprise messaging offset global declines. CPaaS gross profit surged 39% CAGR since 2023.
Sunrise Q2 2026 results: cash flow rises 33% as revenue dips 2.6%
Swiss telecom group reports CHF 204 million adjusted free cash flow in Q2, offsetting a 2.6% revenue decline. Full-year guidance maintained despite softer top-line trends.
Swiss Market Index slips as Geberit surges; oil hits four-day high
Geberit shares jumped 8% on strong half-year results while Straumann fell 6.3% after CEO departure. Brent crude rose above $92 as geopolitical risks mount.
Ambea posts 88% EPS gain, SEK 929m free cash flow in Q2 2026
Swedish care provider Ambea reported an 88% rise in adjusted EPS to SEK 2.13, while rolling 12-month free cash flow reached SEK 929m as EBITDA margins hit 10%. Shares rose 10.7%.
Albion VCTs launch £40m share offer, target September opening
Three Albion venture capital trusts plan to raise up to £40 million in aggregate through new share issues, with Albion Enterprise and Albion Technology & General each targeting £15 million and Albion Crown seeking £10 million.
Pure Storage shares hit all-time high of $118.93
Pure Storage stock rose to $118.93, its highest level, with analysts setting targets up to $150 and noting strong AI‑driven demand.
CBL International swings to profit on higher fuel prices, volume growth
Marine fuel logistics firm CBL International reported net income of $1.5 million in H1 2026, reversing a $992,000 loss a year earlier, as revenue surged 49.2% to $395.59 million.
Swiss stocks rise as Roche, Novartis offset losses; Nasdaq falls sharply
SMI gains 0.13% with healthcare giants leading gains, while U.S. tech selloff drags Nasdaq down 1.49%. ABB and cyclicals decline as bond yields climb to multi-year highs.
Geberit shares seek rebound after first-half 2026 results
Swiss sanitary technology group to report H1 earnings amid 13% YTD decline and cautious market outlook. Analysts eye margin stability and renovation segment trends.
Palogic urges Granite Point Mortgage to halt lending, cut costs
Activist investor Palogic calls for immediate suspension of new loan originations and cost reductions at Granite Point Mortgage Trust, citing steep asset declines and credit deterioration.
Odfjell Drilling posts $251 mln Q2 revenue, lifts dividend to $0.25/share
Norwegian offshore driller reports 14.6% year-over-year revenue growth to $251 million, while maintaining a quarterly dividend of $0.25 per share. EBITDA margin expands to 64.5% as fleet utilization remains robust.
Klarna shares slump 18.6% on revenue guidance cut, leadership departures
Buy-now-pay-later firm cuts full-year revenue forecast to $4.08-$4.16 billion, citing FX pressure and softer German demand. CFO and CMO to leave in early 2027.
Klarna CFO, CMO to depart in early 2027 as execs step down
Chief Financial Officer Niclas Neglén and Chief Marketing Officer David Sandström will leave their posts next year after six and nine years respectively, Klarna confirms.
Berenberg upgrades Sixt to Buy on Europe travel rebound, lifts target to €91
German car rental group’s shares climb 3.9% after broker cites stronger summer travel demand in Europe and improved U.S. residual-value management. Target raised from €83 to €91.
Mizuho downgrades Norwegian Cruise Line to Neutral, cuts target to $17
Analyst cites self-inflicted operational challenges and macro pressures as the cruise operator faces a widening cash gap and rising leverage over the next 18 months.
Savox posts 12% H1 2026 revenue growth as stock falls 2.85%
Finnish communications firm Savox Communications reported a 12% year-over-year revenue increase for the first half of 2026, while its shares declined 2.85% to $10.24. Order intake surged 92% including options.
Swiss stocks slip as U.S. futures fall; Roche, Novartis rise; ABB leads declines
Swiss Market Index dips 0.13% as global equities drift lower on rising yields and Middle East tensions. Roche and Novartis gain, while cyclical stocks like ABB and construction firms retreat.
Xiaomi profit slumps 42.6% as costs weigh on smartphone sales
Net income fell to €794.2 million in Q2 as rising component prices and a 26% drop in handset shipments eroded margins. EV and AI units remain loss-making ahead of European launch.
Talen Energy shares slump 11% on analyst downgrades and dilution concerns
Shares of Talen Energy fell sharply after Raymond James and Oppenheimer cut price targets and cited valuation risks, while a $984 million shelf offering added to investor concerns.
China's humanoid robots transition from exhibition stunts to commercial testing
Chinese robotics developers are shifting their focus from marketing stunts like marathons and backflips toward practical commercial applications.
Walmart Relies on Advertising Revenue as Core Retail Growth Stagnates
Advertising dollars are providing crucial support for Walmart as traditional retail performance slows.