Markets

Elbit Systems shares drop 6% despite Q2 earnings beat
Defense contractor posts higher-than-expected Q2 profit but warns on future margins; shares fall on cautious outlook.

BioHarvest Sciences shares rise 11% on fragrance deal
Company secures major fragrance supply agreement, boosting investor confidence in BioHarvest Sciences' market position.

Sea Limited shares jump 9% after revenue beats estimates
E-commerce and gaming revenue growth drives Sea Limited past market expectations, lifting shares in early trading.

Bitcoin holds below $65,000 as oil spike saps risk appetite
Crypto and equities remain rangebound as geopolitical tensions in the Strait of Hormuz lift crude prices, undermining broader risk sentiment ahead of U.S. CPI data.

Cardinal Health shares rise 4% after profit beats forecast
Healthcare distributor posts earnings above expectations, lifting shares despite broader sector volatility.

Bitcoin sell pressure easing after $4B USDT market-cap drop: CryptoQuant
Analysis indicates reduced selling pressure as stablecoin market capitalization contracts by $4 billion over 60 days, signaling potential market stabilization.

Software ETF rebounds while Bitcoin lags in rare divergence
IGV’s recovery breaks a years-long correlation with Bitcoin, signaling potential shifts in tech and crypto market dynamics.

Bitcoin slips as corporate interest shifts from BTC to AI
Institutional appetite for bitcoin wanes as firms prioritize AI infrastructure investments, analysts note. BTC’s 50-day moving average comes under pressure.

Wall Street futures steady as oil rises on US-Iran tensions
U.S. stock index futures showed little movement ahead of the open on Tuesday as Brent crude futures climbed over 1% amid escalating U.S.-Iran tensions.

Greenpanel Q1 FY27 margins rise as exports slump
India’s Greenpanel Industries reported margin expansion in Q1 FY27 despite a sharp decline in export volumes, driven by domestic demand and cost efficiencies.

Ampco-Pittsburgh shares surge 7% after return to profit, backlog growth
Industrial manufacturer Ampco-Pittsburgh reports a 7% stock jump following a profitable quarter and expanding order backlog, signaling improved operational momentum.

Sable Offshore misses earnings by $0.74, revenue below estimates
Offshore energy firm Sable Offshore reported adjusted earnings per share $0.74 below expectations for Q2, while revenue trailed analyst forecasts amid softer oilfield activity.

YPF shares jump 4% after Q2 earnings beat estimates
Argentina’s state-controlled energy firm posts stronger-than-expected quarterly profit, lifting shares despite broader market volatility.

Bitcoin Core developer Luke Dashjr removed as BIP editor
Controversy over BIP-110 fork proposal leads to removal of long-time editor. Dashjr also steps down from Ocean mining pool leadership.

YPF posts earnings beat, revenue exceeds forecasts
Argentine energy firm YPF Sociedad Anónima reported adjusted earnings above expectations, with revenue also surpassing analyst projections.

Elbit Systems Q3 profit beats estimates on higher revenue
Israeli defense firm Elbit Systems reported quarterly earnings that exceeded analyst forecasts, driven by strong revenue growth in its aerospace and cyber segments.

TJGC Group approves share structure reorganization
Board greenlights restructuring to optimize capital allocation and enhance shareholder value amid market volatility.

FreeCast appoints defense advisor for telecom expansion
Defense industry veteran joins FreeCast to support strategic telecom growth amid rising infrastructure demand.

Barrick Gold names Sebastiaan Bock to lead non-North America operations
Move follows restructuring of Barrick’s global leadership team to streamline oversight of international assets.

IHG sees record growth, AI investment as shares dip on H1 2026 outlook
InterContinental Hotels Group forecasts record revenue growth for H1 2026, driven by AI integration and expansion, despite a brief share price dip on the outlook.

Johnson Matthey shareholders approve special dividend, share split
Special dividend of 150p per share approved alongside a 5-for-1 share consolidation to streamline capital structure.

Lighthouse Properties raises H1 2026 payout guidance after 9.7% increase
Property group lifts interim dividend forecast following stronger-than-expected performance, raising payout growth to 9.7% for the first half of 2026.

Piper Sandler initiates Mercury Systems at overweight on defense autonomy growth
Analyst cites expanding defense autonomy market as key driver for Mercury Systems stock rating upgrade to overweight.

Bike24 reports strong Q2 2026 earnings, shares up 2.7%
European bike retailer Bike24 posted better-than-expected Q2 2026 revenue and profit growth, lifting its stock 2.7% in early trading.

SCHOTT Pharma Q3 2026 revenue growth accelerates despite margin squeeze
Pharma unit of German glassmaker SCHOTT reports accelerating revenue in Q3 2026 while facing margin compression, according to presentation slides.

