Equities

Merit Medical outlines growth, margin plans at Bank of America conference
Medical device firm Merit Medical discussed expansion strategies and margin improvement at Bank of America's SMID-cap virtual conference.

Universal Display sees OLED demand growth despite macro headwinds
Company executives affirm long-term optimism for OLED adoption in displays at Oppenheimer conference, citing innovation pipeline and market resilience.

Prestige Consumer Healthcare highlighted for growth at Canaccord Genuity
Analysts at Canaccord Genuity emphasize growth potential in Prestige Consumer Healthcare amid market scrutiny.

Antofagasta board reshuffle as director resigns
Chilean miner Antofagasta confirms resignation of a non-executive director and appointment of two new board members amid ongoing governance review.

Legal & General UCITS ETF to convert to Irish ICAV structure
Move aims to enhance operational flexibility and align with evolving regulatory frameworks for European ETFs.

Tata Motors Q1 FY27 volume up 26%, EV orders surge
Indian automaker reports strong quarterly growth amid rising demand for electric vehicles and broader market expansion.

MSG Entertainment posts $1B revenue, AOI up 18% in FY2026
Media giant reports record annual revenue and adjusted operating income growth led by live entertainment and sports assets.

Questerre Q2 2026 profit hits record in Brazil despite output shortfall
Canadian energy firm posts highest quarterly earnings in Brazil as production lags targets, with analysts citing pricing strength as key driver.

ASUS Q2 2026 revenue hits record as AI servers surge
Taiwanese tech giant reports record quarterly revenue and a near doubling of server sales, driven by artificial intelligence infrastructure demand.

Cerebras Systems shares rise on AI infrastructure demand
Stock gains follow reports of expanding AI chip deployments and partnerships in high-performance computing. No official corporate announcement has been made.

Wolfspeed options imply 14% stock swing ahead of earnings
Options market pricing suggests Wolfspeed shares could move sharply after Aug. 19 quarterly results, with implied volatility surging to 60%.

Estee Lauder options imply 8.7% stock move ahead of earnings
Options activity suggests Estee Lauder shares could swing 8.7% following next week's quarterly results, with traders positioning for volatility.

Target shares seen swinging 6.9% after earnings: options data
Options market signals potential volatility in Target stock ahead of next week's earnings release, with a 6.9% expected move based on implied volatility.

Analog Devices options signal 5.8% move ahead of Q3 earnings
Options market pricing suggests Analog Devices stock may swing 5.8% after Q3 earnings release on Aug. 19, with implied volatility near 35%.

Intel CEO increases stake in company amid investor scrutiny
Pat Gelsinger's personal investment follows recent stock underperformance and raises questions about leadership confidence and market strategy.

Shein’s growth slowdown sparks IPO caution ahead of Hong Kong float
Fast-fashion giant Shein faces investor scrutiny over decelerating sales growth as it prepares for a Hong Kong IPO, raising questions about long-term demand and valuation.

Western Digital shares jump on analyst upgrade, outlook
Stock rises after Stifel upgrades rating citing AI-driven demand for NAND flash memory. Western Digital gains 6% in early trade.

Greece stocks slip 0.03% as Athens index ends lower
The Athens General Composite Index fell 0.03% on Tuesday, weighed by declines in banking and industrial shares.

Seacoast Banking hits 52-week high at $35.65
Florida-based regional lender advances to its highest level since mid-2023 as shares extend gains.

Eaton Vance Tax-Managed Global Buy-Write Fund hits 52-week high
The closed-end fund specializing in covered-call strategies reaches its peak since mid-2023 at $9.86 per share.

Borr Drilling completes refinancing as transition costs weigh on Q2 2026 outlook
Offshore driller secures full refinancing package despite elevated costs tied to fleet upgrades and operational transition. Shares steady as market assesses long-term strategy.

Nexxen Q2 2025 slides show 33% CTV revenue jump, raised guidance
Digital advertising firm Nexxen raised its full-year revenue guidance after reporting a 33% year-over-year surge in connected TV ad revenue in Q2 2025, according to internal slides.

Peter Thiel acquires 1% stake in Argentine Vaca Muerta oil firm
Tech billionaire Peter Thiel disclosed a 1% stake in an Argentine oil company operating in the Vaca Muerta shale formation, according to a regulatory filing.

Only 13% of U.S. large-cap stock-picking funds beat benchmarks in past decade
S&P Dow Jones Indices data shows persistent underperformance of actively managed large-cap U.S. equity funds relative to benchmarks over the 10-year period.

