Adidas shares plummeted nearly 18% in Frankfurt trading following its H1 2026 earnings release, marking its worst single-day drop since July 2014. Despite strong top-line growth, the stock suffered a sharp sell-off because results failed to meet heightened investor expectations. Driven by outfitting 14 national teams—including co-host Mexico and finalists Spain and Argentina—Adidas posted record sales for jerseys, match balls, and
Rolls-Royce and BAE Systems raised profit forecasts as rising global defense budgets and booming AI demand drive strong financial gains.
Spain's economy expanded 0.7% in Q2, beating analyst expectations as record tourism helped drive annual GDP growth to 2.7%.
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.
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.
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.
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.
Shares rose over 8% as Azure cloud revenue grew 43%, beating Wall Street estimates and reassuring investors that heavy AI spending is paying off.
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.
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.
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.
Visa topped quarterly profit estimates with adjusted EPS of $3.32, driven by resilient consumer spending and World Cup cross-border travel demand.
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.
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.
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.
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.
Apple briefly hit a $5T value by avoiding costly AI spending and launching new device leasing in the U.S. to boost demand.
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
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.
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.
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.
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.
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.
After months of resistance, Commerzbank has agreed to enter formal negotiations with Italian banking giant UniCredit regarding a potential acquisition.