South Korean stock markets experienced a significant surge, with the Kospi index jumping a record 18%, driven by renewed investor optimism in the chip industry. This rally follows a period of decline and signals a potential bottoming out for the market.
Several companies, including Holcim AG, Umicore, Siemens Healthineers, NatWest, FMC, BigBear.ai, Pembina Pipeline, Reddit, Exponent, GoDaddy, SPS Commerce, and HNI, have released their latest financial results and updated or upgraded their outlooks for fiscal year 2026. These updates include revised EPS, revenue, and cash flow forecasts, with some companies also highlighting AI-related growth and synergy targets.
Serbia's real Gross Domestic Product (GDP) increased by 3.6 percent in the second quarter of the year, according to a flash estimate from the national statistics office. This indicates continued economic growth for the country.
Recent US Big Tech earnings reports have provided key insights into the role and impact of artificial intelligence within the technology sector. Analysts are examining these reports to understand AI's current trends and future implications.
Apple's latest earnings report has left Wall Street analysts divided, as strong demand for the company's products is balanced against concerns over supply chain constraints and fluctuating memory prices.
US equity futures gained following a rebound in chipmakers like Samsung and SK Hynix, coupled with strong earnings reported by Amazon. The Bank of Japan maintained its policy rate, strengthening the yen.
Coinbase shares have taken a hit following the announcement of a quarterly loss. Despite the downturn, analysts are reportedly backing the cryptocurrency exchange's diversification strategy.
AngloGold Ashanti reported its second-quarter results, with Non-GAAP EPS of $1.98, missing estimates by $0.13. The company's revenue of $3.03 billion also fell short of expectations by $160 million.
Gates Industrial and Magna International both reported strong second-quarter earnings, beating top-line and bottom-line estimates. Both companies also raised their full-year outlooks, indicating positive financial performance.
Wall Street analysts have largely reiterated 'buy' ratings and raised price targets for Amazon's stock, citing AWS's strong outperformance as a key factor bolstering confidence in the company's AI strategy after its latest earnings report.
Microsoft has kept its data center spending steady while its competitors increase AI investments, balancing this with rising cloud revenue, which led to a jump in its stock.
Researchers have found hundreds of geometric earthwork structures, including embankments and ditches, in the Amazon. Some of these ancient glyphs are more than 2,500 years old.
Technology stocks rallied as a rebound in chipmakers carried into Friday, ending a month marked by a steep derating in this year’s most popular trade on an upbeat note.
Sumitomo Mitsui Financial reported GAAP EPS of ¥131.59 and revenue of ¥2.85B, while Murata Manufacturing announced GAAP EPS of ¥44.70 and revenue of ¥502.26B, updating its FY 2027 outlook. Sumitomo also reported GAAP EPS of ¥39.92 and revenue of ¥1949.36B, reaffirming its FY 2027 outlook.
Pearson, the global education company, announced its financial results, reporting a Non-GAAP Earnings Per Share (EPS) of £0.289 and total revenue of £1.78 billion.
Gallagher aims for a 6% organic growth rate by 2026 and anticipates achieving $160 million in run-rate synergies by the end of the same year, outlining its financial objectives.
Germany's iconic automotive sector, a cornerstone of the national economy, is experiencing significant challenges due to increasing tariffs, the rapid growth of electric vehicles, and intense competition from Chinese manufacturers.
A journalist recounts flying in a Douglas DC-3, a World War II-era aircraft, which is still used to transport passengers in the Colombian Amazon jungle today.
Formula 1 driver Lewis Hamilton has introduced his new puppy, named Halo, with Kim Kardashian sharing the first photo of the new canine companion on Instagram.
Amazon is reportedly shutting down its 'Prime' Free Ad-Supported TV (FAST) channel in Germany and Austria. This move highlights the challenges involved in launching curated FAST channels that utilize content from existing SVOD services.
A significant week for corporate earnings highlights the global buildout of AI infrastructure, tightening supply chains, and ongoing geopolitical uncertainty, with European executives expressing optimism about AI.
In Kisii, Kenya, the tradition of low-cost funeral broadcasts using horns continues to thrive, resisting the widespread adoption of mobile phones and social media for communication.
Georgia's real gross domestic product (GDP) saw an 8.6% year-on-year increase in June 2026, according to rapid estimates from the National Statistics Office. The average real GDP growth for January-June reached 7.9%.
European shares pared some of their monthly gains as a decline in Novo Nordisk A/S weighed on the market, despite a rally in tech stocks and generally positive earnings reports.
IAG, the owner of British Airways, has decided to abandon its growth plans, citing soaring fuel prices and the ongoing conflict in Iran as key factors forcing the airline group to cut capacity.
Idacorp has provided its 2026 earnings per share guidance, projecting $6.30-$6.45, as large contract customers ramp up and capital expenditure trends towards the higher end of expectations.
The Tokyo District Court has ruled that hospitality company Shidax Corp.'s 2023 tender offer to go private undervalued its shares. This decision marks a rare instance in Japan where legal authorities resolve financial disputes between companies.
Veracyte has outlined its 2026 revenue guidance, projecting between $590 million and $596 million, while also announcing the expansion of its Prosigna and TrueMRD product launches. This indicates strategic growth and market penetration efforts.
Pilgrim's Pride has outlined a 2.5% U.S. supply growth for the second half of 2026, maintaining its capital expenditure at $900 million. Marcus also detailed its 2026 capital expenditure plans, with group pace running 3% ahead for the year.
Novo Nordisk's shares experienced a significant decline after its heart medicine, ziltivekimab, failed to meet its primary endpoint in a phase 2 trial. The disappointing research data led to a sharp drop in the company's stock value.
Serbia saw a 1.7% increase in tourist numbers in June compared to the previous year, with a rise in both domestic and foreign visitors, predominantly from Russia and Turkey. This growth in tourism coincided with an overall increase in retail sales for the same month.
Chevron announced a strong beat on its second-quarter earnings, with non-GAAP EPS of $6.06 and revenue of $70 billion, surpassing analyst expectations. The company also reported a significant 20% increase in global production, driven by record output in the U.S.
Sony has increased its financial outlook after its entertainment division significantly boosted earnings, as the company shifts resources towards music, games, and anime.
The public enterprise 'Port of Brcko' in Bosnia and Herzegovina anticipates generating 2.8 million Bosnian marks (approx. €1.43 million) in cargo handling revenues, indicating strong growth.
AbbVie reported second-quarter earnings that surpassed analyst expectations, though the company subsequently lowered its full-year earnings per share guidance, citing the impact of mergers and acquisitions.
Prime Minister Anwar Ibrahim has urged voters in Negeri Sembilan to turn out and give Pakatan Harapan a mandate for stability and growth, despite varying survey results. The Malaysian Anti-Corruption Commission has also received four reports of alleged cash handouts during the election campaign.
Brookfield Business Corporation announced its second-quarter financial results, reporting GAAP earnings per share (EPS) of $0.18 and revenue of $6.49 million.
T. Rowe Price reported strong second-quarter earnings, beating non-GAAP EPS estimates and achieving record assets under management (AUM). The positive results were aided by controlled costs, despite revenue slightly missing expectations.
French utility Engie SA anticipates a temporary slowdown in its renewable energy and battery storage growth this year, attributing it to delays in permit approvals in the US under the Trump administration.
The AfCFTA coordinator urged African nations to cease exporting raw materials and instead focus on value addition for industrialization and economic growth.
A local report highlights the community of Perrystown, noting its strong identity as 'Emmets Town' and emphasizing a strategy of continuous development and growth.
TXNM Energy reported non-GAAP EPS of $0.58, beating estimates, with revenue of $548.5M. Lear also exceeded expectations with non-GAAP EPS of $4.28 and revenue of $6.2B, indicating strong financial performance for both companies.
Stellantis CEO Antonio Filosa warned that a major strategic overhaul would take time to yield results after the automaker reported weaker-than-expected second-quarter earnings, causing shares to drop.
First HoldCo has announced its intention to pay out 60% of its annual profit as dividends, a move that highlights the board's confidence in the company's earnings capacity, capital position, and robust outlook for sustained profitability.
A former Nike executive, laid off after 20 years, shares the three key actions that helped him secure a new executive role within months. His story highlights resilience and strategic career management post-layoff.
Hong Kong's economy expanded by 4.3 percent year-on-year in the second quarter of 2026, driven by strong external trade and resilient domestic demand, with expectations for continued solid growth.
Hong Kong's economic growth slowed more than anticipated last quarter, even as a global surge in artificial intelligence investments boosted the city's exports. The slowdown indicates underlying economic challenges despite the positive impact of the AI boom.
Deepa Paul, originally from the Philippines, shares her experience and affection for Amsterdam, where she has lived for nearly 15 years after her husband took a job in the city.
OTE expects its service revenue growth momentum to continue and remains confident in achieving its target of a 3% increase in adjusted EBITDA for the remainder of 2026, despite intense competition.
UK house prices increased by 0.1% in July, reaching an average of £277,542. Growth remains subdued as prospective buyers are cautious due to economic uncertainty and interest rates.
South Korea's two largest cosmetics companies, Amorepacific and LG Household & Health Care, reported double-digit second-quarter growth, largely driven by waning reliance on China and increasing sales in North America.
Markéta Irglová expressed her condolences to the family of Glen Hansard, her former musical partner, with whom she gained fame through the film 'Once'.
Amazon founder Jeff Bezos stated customer focus remains paramount for the company's future growth. He stressed that low prices and fast delivery will continue to be valued by customers.
Schneider has outlined its 2026 earnings per share (EPS) forecast between $0.90 and $1.10, while also announcing a reduction in net capital expenditures to $350M-$400M.
Baldwin has projected its adjusted earnings per share for the third quarter to be between $0.42 and $0.46, as the company aims for mid-single-digit organic growth.
Japan's economic data for June presented a mixed picture, with factory output exceeding expectations while retail growth softened. Tokyo's inflation rate also saw an increase, picking up to 1.9%.
Canada's Alimentation Couche-Tard, owner of Circle K, is set to acquire a controlling stake in the Polish Żabka Group. The acquisition will include a tender offer for 100% of the company's shares.
Apple Inc. spearheaded a 7% increase in global smartphone revenue during the June quarter, demonstrating how higher prices are effectively compensating for a decrease in overall shipments, according to Counterpoint Research.
Apple's stock experienced a significant drop as supply chain issues clouded its financial outlook, raising concerns about iPhone demand. This decline occurred as investors shifted focus to AI winners following recent earnings reports.
Franklin Resources announced non-GAAP earnings per share of $0.72, surpassing estimates by $0.06, and reported revenue of $2.36 billion, beating expectations by $50 million.
Nyesom Wike, after inspecting road construction in Abuja, stated that new road projects are significantly contributing to real estate growth in the Federal Capital Territory.
AbbVie's growth is being fueled by the strong performance of its drugs Skyrizi and Rinvoq, even as sales of its long-standing blockbuster Humira continue to decline.
BrightSpring Health Services announced GAAP EPS of $0.38 and revenue of $3.87 billion, both surpassing analyst estimates. Linde also reported strong financial results with non-GAAP EPS of $4.50 and revenue of $9.3 billion, exceeding expectations.
Citi analyst Michael Ward believes Ford Motor Co.'s stock rally has substantial room for continued growth, indicating a positive outlook for the automaker.
Netflix and Amazon Prime Video are engaged in legal and behind-the-scenes battles to loosen France’s streaming regulations, contrasting with Canal+'s commitment to invest over $1.1 billion in French and European films.
Maruti Suzuki India Ltd. reported profits that fell short of analysts' estimates, as rising commodity costs impacted earnings despite robust revenue growth.
Tenax Therapeutics reported a GAAP EPS of -$0.35, beating estimates by $0.01, while Fortis announced a GAAP EPS of $0.78, surpassing expectations by $0.02. Both companies exceeded analyst predictions for their recent earnings.
Amazon Web Services (AWS) has reportedly hired a former executive from both Apple and Google to take charge of its crucial artificial intelligence services.
Shares of Universal Music, the world's largest music group, plunged by a quarter due to concerns over streaming growth and the potential impact of AI-generated songs.
Global markets saw a rebound with South Korea's KOSPI surging, while Amazon gained after its fifth consecutive quarter of cloud sales growth. Apple, however, slumped due to supply shortages impacting its sales forecast.
An expert on boreal forests shares a personal account of wildfires impacting their home, highlighting the devastating threat these fires pose. The article discusses strategies that will and will not help in combating the wildfire crisis.
Amazon's stock experienced a significant jump following strong growth in its Amazon Web Services (AWS) division. This performance helped to alleviate investor concerns regarding the company's increasing expenditures on artificial intelligence.
South African singer Tyla shares insights into her artistic philosophy as a new-age African popstar, delving into her roots and influences for her upcoming second album, 'A*Pop'.
SK Inc. has agreed to sell its controlling stake in semiconductor wafer manufacturer SK Siltron to Doosan Corp. for approximately 2.3 trillion won ($1.6 billion). The sale is part of SK's strategy to free up cash, reshape its portfolio, and invest in new growth businesses.
New research suggests that common sugar may act as a driver for cancer, raising questions about the unintended effects of certain medications like statins, particularly in cancer patients.
Castle Biosciences has raised its 2026 revenue guidance to $365M-$375M, anticipating 50%-52% growth in TissueCypher volume. Concurrently, Kite Realty has increased its 2026 same-property NOI guidance to 3%-4%, while maintaining its FFO outlook.
Floor & Decor projects an adjusted earnings per share (EPS) of $1.88-$2.13 for fiscal year 2026, while anticipating comparable store sales to remain flat to down 4%.
NatWest reported second-quarter earnings of £2.3 billion, surpassing analysts' forecasts, primarily driven by strong performance in its retail and wealth management divisions.
The rapid expansion of digital finance in Nigeria is reportedly growing faster than public trust in the financial ecosystem, prompting the Bridgforte Centre for Global Impact to launch a new governance framework and Trust Lab.
Nigerian billionaire Femi Otedola has acquired an additional 1.779 billion shares of FirstHoldco, parent company of First Bank, valued at N222.209 billion, bringing his total control to 26%.
Despite chipmakers delivering record earnings, investor skepticism is causing stock prices to fall, as sky-high expectations, crowded trades, and looming uncertainty make the AI boom less profitable for investors.
Malaysia's population is projected to reach 34.4 million in 2026, with Selangor remaining the largest state and Terengganu experiencing the fastest growth, as 12 states enter ageing status.