News

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Thu, 30 Jul 2026 12:30:09 GMT

Shell Q2 Profit Doubles to $9.84B

Shell's net profit more than doubled to $9.84 billion, beating expectations on high oil and gas prices, strong trading, and improved chemical margins.

Thu, 30 Jul 2026 09:30:05 GMT

BoE Rates To Be Held

The Bank of England is expected to keep interest rates unchanged at 3.75% as ongoing Middle East conflicts and global market uncertainty fuel persistent inflation risks.

Thu, 30 Jul 2026 08:00:03 GMT

BMW Profits Plunge Over a Third

Q2 net profit fell 35% to €1.2 billion amid sharp sales drops in China, leading BMW to earn more from financial services than making cars.

Thu, 30 Jul 2026 06:50:07 GMT

Meta's AI Spending Clouds Strong Ad Growth

Meta's stock dropped nearly 10% after hours due to a weak sales forecast, skyrocketing AI infrastructure costs, and rising legal risks despite record ad revenue.

Thu, 30 Jul 2026 06:32:19 GMT

Microsoft Beats Expectations

Shares rose over 8% as Azure cloud revenue grew 43%, beating Wall Street estimates and reassuring investors that heavy AI spending is paying off.

Wed, 29 Jul 2026 18:30:08 GMT

General Dynamics Q2 Profit Beats Estimates

General Dynamics topped Q2 earnings ($4.24/share vs. $3.97 expected) and revenue ($14.09B) on strong Aerospace jet deliveries and Marine submarine output.

Wed, 29 Jul 2026 16:30:08 GMT

LVMH Q2 Growth Accelerates

LVMH reported accelerated Q2 sales growth to €19.5B, driven by strength in Asia and key brands, as H1 net profit held steady at €5.7B despite economic headwinds.

Wed, 29 Jul 2026 15:30:05 GMT

FAA Proposes Boeing 737 MAX Seat Inspections

The FAA proposed mandatory inspections for passenger seats on 453 U.S.-registered Boeing 737 MAX jets to fix improper track installations that could pose safety risks.

Wed, 29 Jul 2026 13:30:05 GMT

Visa Beats Profit Estimates on Travel Boost

Visa topped quarterly profit estimates with adjusted EPS of $3.32, driven by resilient consumer spending and World Cup cross-border travel demand.

Wed, 29 Jul 2026 12:38:41 GMT

Procter & Gamble Q4 Profit Drops

P&G's Q4 net income dropped to $3.04B ($1.26 EPS) from $3.62B ($1.48 EPS) last year, though revenue rose 1.5% to $21.2B. Adjusted EPS reached $1.43.

Wed, 29 Jul 2026 12:30:05 GMT

AT&T Closes $23B Spectrum Deal

AT&T completed its $23 billion acquisition of low- and mid-band wireless spectrum licenses from EchoStar to expand nationwide coverage across U.S. markets.

Wed, 29 Jul 2026 09:30:04 GMT

StanChart Boosts Guidance on Wealth Growth

Standard Chartered raised its full-year income target after strong wealth and global banking revenue drove H1 profit up 9% to $4.78B, boosting shares.

Wed, 29 Jul 2026 07:05:04 GMT

Telefónica Returns to Q2 Profit

Telefónica reported a Q2 net profit of €73M (rebounding from a €51M loss year-over-year) as revenue rose 3% to €8.265B, despite absorbing a €265M restructuring charge in Germany.

Wed, 29 Jul 2026 07:00:07 GMT

Apple Tops $5T Market Cap

Apple briefly hit a $5T value by avoiding costly AI spending and launching new device leasing in the U.S. to boost demand.

Tue, 28 Jul 2026 18:30:07 GMT

Boeing Q2: Cash Up, Cost Hits Continue

Boeing posted a Q2 net loss of $428M ($0.76/share) due to a $280M Air Force One charge. However, free cash flow hit +$631M as 737 MAX production ramps

Tue, 28 Jul 2026 15:30:09 GMT

Philips CEO Cites US Delays and China Pressure in Q2 Results

Philips CEO Roy Jakobs stated that delayed order timing in the U.S. and structural headwinds in China weighed on second-quarter order intake, even as the healthcare tech company raised its full-year profit margin guidance.

Tue, 28 Jul 2026 12:30:05 GMT

Logistics Giants Race for Cold Storage as GLP-1 Demand Soars

Major shipping and logistics providers—including UPS, FedEx, DHL, and C.H. Robinson, are pouring millions into temperature-controlled facilities to meet surging demand for cold-chain transportation driven by GLP-1 weight loss medications like Ozempic, Wegovy, Mounjaro, and Zepbound.

Tue, 28 Jul 2026 12:20:06 GMT

Nvidia Drops ~5%, Dragging Chip Stocks Down

Nvidia stock fell nearly 5%, losing its most valuable company title to Apple amid fears over circular financing for OpenAI and rising Chinese chip competition.

Tue, 28 Jul 2026 09:30:05 GMT

Incoming Apple CEO Vows to Expand Entertainment Footprint

Incoming Apple CEO and current Hardware Chief John Ternus affirmed the company's commitment to building on its media momentum when he takes the helm of Apple in September.

Tue, 28 Jul 2026 09:10:04 GMT

Barclays Bolsters Asia Investment Banking Team in Push for Fee Growth

Barclays is expanding its investment banking team across the Asia-Pacific region to focus on fee-rich advisory, M&A, and milestone transactions a year after restructuring its regional operations.

Tue, 28 Jul 2026 09:05:04 GMT

Commerzbank Relents to UniCredit Takeover Talks

After months of resistance, Commerzbank has agreed to enter formal negotiations with Italian banking giant UniCredit regarding a potential acquisition.

Tue, 28 Jul 2026 08:55:04 GMT

FAA Proposes Seat Track Inspections for Boeing 737 MAX

The U.S. Federal Aviation Administration (FAA) issued a proposed airworthiness directive requiring inspections on hundreds of Boeing 737 MAX aircraft due to improperly installed passenger seat assemblies.

Tue, 28 Jul 2026 07:35:04 GMT

J&J Reaches $5.5B Talc Deal

J&J agreed to an uncapped $5.5B+ settlement to resolve ~76,000 ovarian cancer lawsuits, ending a decade of legal battles over its talc products.

Mon, 27 Jul 2026 21:30:07 GMT

Porsche to Cut 5,000 Additional Jobs by 2035

German luxury sports carmaker Porsche has agreed with labor representatives to cut 5,000 additional jobs by 2035 under a second round of structural restructuring measures.

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