Equities

Nasdaq to expand trading hours to nearly 23 hours daily
U.S. exchange operator plans extended session from December, aiming to boost liquidity and global competitiveness amid rising after-hours activity.

ResMed appoints Carol Burt as lead director, Ron Taylor to retire
Burt, a ResMed board member since 2019, will succeed Taylor as lead director. Taylor, who joined the board in 2015, will retire after ResMed's 2025 annual meeting.

United Therapeutics finishes enrollment in lung fibrosis trial
Biotech firm completes recruitment for phase 3 trial evaluating inhaled treprostinil in patients with idiopathic pulmonary fibrosis. Topline data expected mid-2025.

Dynatrace unit to issue $1.25 billion in notes
Subsidiary of enterprise software firm Dynatrace plans unsecured senior notes offering to fund general corporate purposes, including potential acquisitions.

Centene appoints Chris Neczypor as CFO, effective January 2027
Health insurer Centene names Christopher Neczypor as chief financial officer, succeeding Drew Asher who will retire at year-end.

Geely Auto founder steps down, leadership reshuffled
Chinese automaker Geely Auto appoints new CEO and board members as founder Li Shufu exits executive role after two decades at the helm.
Goldman Sachs sees AI-driven earnings boost by 2025
Analysts project AI adoption will lift S&P 500 earnings by 3% annually starting in 2025, with tech and industrials leading gains.

Union Pacific turned fuel-cost surcharge into profit amid Iran war spike
Railroad operator exploited fuel surcharges introduced during the 1979 Iran oil shock to generate undisclosed profits, internal documents reviewed by Reuters reveal.

Ferrari’s Luce EV one-off sells for $40 million at charity auction
A bespoke electric Ferrari Luce EV fetched $40 million at auction, marking one of the highest prices ever paid for a charity-sold vehicle.

Goldman Sachs Forecasts Continued Weakness in China Retail Sales Growth
Goldman Sachs projects that retail sales growth in China will remain subdued moving forward.

Unusual Machines Stock Jumps 24.6% Amid Bullish Options Signals
Unusual Machines shares surged 24.6% as trading activity in options pointed to strong bullish momentum.

CleanTech Lithium sets AGM for September 11
The company will hold its annual general meeting in London, providing shareholders with updates on strategy and financial performance.

Hiscox completes $150m share buyback under $300m program
Insurer Hiscox has repurchased shares worth $150m in the first tranche of a two-year $300m buyback initiative. The program remains subject to market conditions.

Boost Run Q2 2026 revenue up 270%, ARR target set at $400M
AI-driven logistics platform Boost Run reported a 270% year-over-year revenue surge in Q2 2026, with annual recurring revenue projected to reach $400 million.

BMW stock faces value trap risk as earnings drop 59% from peak
German automaker's profitability declines sharply, raising concerns over valuation sustainability despite recent share price weakness.

Zevia shares surge on activist push for sale
Activist investor Kanen urges Zevia to explore strategic alternatives, including a potential sale, sending shares up sharply.

GIC Re Q1 FY27: Combined ratio improves, profitability prioritized
General Insurance Corporation of India reports improved underwriting performance for Q1 FY27, with a focus on sustainable profitability amid market volatility.

Alibaba shares rise on earnings beat, outlook optimism
Chinese e-commerce giant Alibaba surged after reporting quarterly earnings that topped estimates and signaling a rebound in core business growth.

U.S. Physical Therapy appoints Nchacha Etta as CFO
The company names Nchacha Etta as its new chief financial officer, effective immediately. No additional details provided.

S&P 500 hits record 7,799 as inflation cools
U.S. benchmark index reaches all-time high amid softer inflation data, though investor sentiment remains guarded.

Vonovia shares fall on weak outlook, dividend cut
German residential landlord slashes dividend and lowers full-year guidance as higher financing costs weigh on profitability.
Alchip Q2 2026 revenue jumps 83% on AI chip demand
Semiconductor firm Alchip reports sharp revenue growth as AI chip orders drive a surge in sales for the second quarter of 2026.

Barclays upgrades European equities outlook amid valuation appeal
Bank cites attractive valuations and improving macro backdrop as key drivers behind shift to constructive stance on eurozone stocks.
Alchip Q2 2026 earnings beat forecasts on AI demand
Semiconductor firm Alchip reported second-quarter earnings that exceeded analyst expectations as artificial intelligence chip demand fueled revenue growth.

