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Volkswagen abandoned its full-year sales growth guidance and reported a 9.5% drop in Q2 operating profit to €3.5 billion ($3.98B), dragged down by tariffs, trade conflicts, and aggressive competition from Chinese EV rivals.
Retail sales in Great Britain continued to grow in Quarter 2 (April–June) 2026. Sales volumes increased by 0.6% compared with Quarter 1, while monthly sales rose by 1.0% in June after a 1.2% increase in May. Overall, retail sales were 4.2% higher than in June 2025 and 0.9% above pre-pandemic levels. Growth was mainly driven by the hot weather and promotional
The USD/JPY 1-hour chart reflects a short-term bearish pullback within a broader bullish trend. After reaching resistance near the 163.900–164.000 range, the price dropped below the 20-period SMA (163.818) and broke out of its tight high-level consolidation zone, currently trading around 163.699. In the short term, sellers are pushing toward immediate support levels around 163.500 down to 163.200, though the
Swiss food giant Nestlé is lobbying U.S. health authorities—including Health Secretary Robert F. Kennedy Jr.'s team—to allow simpler ingredient descriptions on packaging.
Nasdaq beat Q2 earnings estimates with $1.07 per share (vs. $0.98 expected) and net revenue of $1.5 billion (+15% YoY).
American Airlines trimmed its full-year earnings outlook as renewed U.S.-Iran conflict and escalating Middle East tensions drive jet fuel prices back up.
Alphabet's Google was fined €890 million ($1 billion) by the European Commission for violations under the Digital Markets Act (DMA).
IBM has agreed to acquire California-based HRL Laboratories, jointly owned by Boeing and General Motors, shifting to a two-track quantum computing strategy.
T-Mobile raised its full-year adjusted free cash flow outlook to $18.4 billion–$18.8 billion (up from $18.1B–$18.7B) and beat Q2 profit estimates, driven by customer migration to premium plans.
Equinor CEO Anders Opedal warned that Europe may fail to reach its 80% natural gas storage target before winter, citing fierce competition for global LNG supplies and supply-chain pressures.
Dow Inc. beat Wall Street's second-quarter profit expectations, driven by cost-cutting initiatives and higher plastics pricing resulting from Middle East supply disruptions.
Nestlé announced plans to raise around €3 billion in cash by spinning off its global water business into a 50-50 joint venture with U.S. private equity firm Platinum Equity.
Alphabet Inc. delivered another strong quarter for Q2 2026, driven by massive demand for its artificial intelligence ecosystem and accelerating momentum in Google Cloud. Backed by double-digit revenue growth across its core search and digital advertising operations, the company continues to aggressively re-invest in scaling its AI infrastructure, compute capabilities, and enterprise solutions. Key highlights: Overall Growth: Revenue hit $119.8 billion, up
The LIGHT.CMD/USD pair is demonstrating strong bullish momentum on the 4-hour chart, navigating inside a well-defined ascending parallel channel established in early July. Trading currently around $89.325 (+1.69%), the price is rapidly approaching the critical $90.00 horizontal resistance and psychological barrier. Supporting this ongoing rally is the 22-period Simple Moving Average (SMA) at $84.819, which angles sharply upward and continues
French oil giant TotalEnergies reported a 67% increase in second-quarter net profit, driven by elevated oil prices and boosted refining margins linked to ongoing Middle East conflict.
Driven by surging demand for AI infrastructure and server expansion, Intel and AMD are locking in long-term supply commitments with Chinese server customers.
Anthropic has joined the UK Financial Conduct Authority's second Supercharged Sandbox, providing 21 selected firms with access to Claude Code and Claude Cowork.
A U.S. Senate panel votes on a bill banning Chinese cars and connected software, restricting brands over 15% Chinese-owned like Mercedes.
Moody's reported a strong Q2 profit of $878 million ($5.03 EPS), driven by a 25% surge in its credit rating business amid active bond issuance.
Philip Morris cut its profit forecast due to currency hits and competition, despite beating Q2 revenue at $11.19B. PMI is doubling down on U.S. Zyn pouch investments.
Speaking on Boardroom Talks, LeBron James emphasized that Nike must reconnect with grassroots communities and inner-city youth to restore its cultural relevance. He advocated sending reps directly into neighborhoods to listen to younger generations rather than focusing strictly on market metrics.
The short-term technical setup on the 4-hour chart strongly favors a bullish outlook, driven by recent price structure and trend indicators. After bouncing strongly off the 3950.00 baseline support, XAU/USD has produced a sequence of higher highs and higher lows accompanied by solid buying momentum. Furthermore, price is trading cleanly above the upward-sloping SMA, which reinforces near-term upside trajectory toward
The GBP/JPY 1-hour chart shows a wide range holding between support around 212.500 and resistance near 215.600. After consolidating lower down between 212.500 and 213.500, price pushed up sharply, slicing through intermediate resistance at 213.900 toward the 215.000 level. Sellers quickly stepped in at 215.000 though, pushing price right back down toward 214.641. Where things go next really comes down to
AT&T beat Q2 estimates with $31.6B in revenue and $0.65 EPS. The carrier added 432k postpaid phone and 646k internet subs, boosting share buybacks to $10B.