Equities

Lumentum shares surge after AI-driven earnings beat, strong outlook
Optical components maker Lumentum posted quarterly results that topped Wall Street estimates, citing robust AI-related demand. The company also issued a fiscal-year outlook above consensus, lifting its stock.

Bilfinger shares slide on weak 2025 margin guidance
German engineering services group lowers full-year margin outlook, citing project delays and cost pressures, sending shares down 3.2%.

Legal & General names Kirsty Cooper as non-executive director
Appointment adds financial services veteran to UK insurer’s board amid strategic review.

Shaftesbury Capital sets exchange rate for interim dividend
Property investment trust sets GBP/USD rate at 1.2650 for its interim dividend, payable on August 23.

CQS Natural Resources plans name change, seeks shareholder vote
Investment trust proposes rebranding to reflect broader investment strategy beyond natural resources alone.

ABN AMRO Q2 2026 profit rises 29%, lifts guidance
Dutch lender upgrades full-year outlook after second-quarter net income beats expectations.

Weaver Fintech’s H1 2026 outlook mixed on ecosystem growth, credit costs
Slides reveal ecosystem expansion offset by rising credit expenses, as fintech firm outlines mid-year strategy amid tightening financial conditions.

JNK India Q1FY26 revenue jumps 80% on diversification
Company posts strong quarterly growth as strategic expansion into new sectors drives sales surge. Shares rise on earnings beat.

DAX flirts with record high as double-top pattern emerges
German blue-chip index approaches all-time peak while technical resistance hints at potential pullback. Key levels in focus as traders weigh momentum.

Deutsche Bank cuts Bunzl to Hold after valuation rise
Analysts cite valuation as key factor in downgrade from Buy to Hold on the FTSE 100 distributor.

Titon shares fall as weak earnings outlook weighs
UK-based building materials firm Titon Holdings warns of lower profits amid rising costs and soft demand. Shares drop 8% in early trade.

Hedge funds increased AI short bets in July: Hazeltree
Data shows hedge funds expanded bearish positions on AI-linked equities last month, with Hazeltree tracking rising short interest.

Atalaya Mining shares drop as Trafigura sells stake
Trafigura reduces exposure to Atalaya Mining, sending shares down after the commodities trader exits its stake.

Lumentum shares jump on strong quarterly results
Optical components maker posts better-than-expected revenue and lifts guidance for the full year.

Thyssenkrupp Marine Systems shares rise on contract news
German shipbuilder secures €1.2 billion order from Norwegian Navy, lifting TKMS stock by over 10% in early trade.

Bilfinger shares drop after weak outlook, dividend cut
German industrial services provider slashes dividend and forecasts lower 2025 earnings, sending shares down 12% in Frankfurt trading.

CLS Holdings H1 2026 earnings fall on weak sales
Revenue decline drives half-year profit drop as property portfolio weighs on performance. Company flags ongoing market challenges.

Singulus reports solid H1 2026 earnings; shares dip
German equipment maker posts improved profitability in first half despite broader sector headwinds. Shares fall on muted outlook.

Bechtle raises 2026 guidance on record Q2 backlog
German IT services firm Bechtle lifts full-year outlook after reporting a surge in Q2 2026 backlog, citing strong demand across core markets.

Flair Q1 FY27 results show growth, margin pressure amid diversification
Diversification efforts drive revenue growth for Flair in Q1 FY27, though margins remain under pressure. Slides detail strategic expansion and cost challenges.

PI Industries Q1 FY27 growth slows on export decline
Revenue growth for PI Industries in the first quarter of FY27 moderated as weaker export demand offset domestic strength.

ThyssenKrupp Nucera Q3 2025/26 results highlight green hydrogen focus
Company reports strong contract awards and shifts strategy toward green hydrogen production as part of Q3 2025/26 earnings presentation.

Shurgard Self Storage shares fall after weak outlook
Dutch self-storage operator warns of slower growth as European demand softens and costs rise.

CoreWeave shares surge on AI infrastructure demand
AI server provider rallies after strong quarterly results and raised full-year revenue guidance. Stock jumps 15% in premarket trading.

