Real-time financial, economic, and global news with market-focused context and analysis.
Coverage spans equities, macroeconomic data, commodities, currencies, technology, politics, and global events—paired with analysis that highlights why each development matters for traders and investors. From breaking headlines to hourly market snapshots and in-depth articles, the News Hub is designed to help you stay informed, oriented, and ahead of market-moving events.
GCM Grosvenor, a global alternative asset management firm, has expanded its European business development team by hiring Philip Rotering as Executive Director and Lukas von Dreusche as Associate in its Frankfurt office. These hires aim to enhance the firm's ability to serve institutional investors across Europe and support the firm's long-term grow…
Swiss online pharmacy and telemedicine operator DocMorris reported strong second-quarter revenue growth driven by a marked increase in prescription medicine sales and rapid expansion of its Digital Services division. External revenue rose 15.2% in local currency to 309.7 million Swiss francs in the April-June quarter, while reported revenue increas…
India’s air accident investigation authority has assembled a cockpit voice recorder transcript and carried out a psychological autopsy as it moves into the concluding phase of its inquiry into a deadly Air India crash. Investigators released a detailed, second-by-second timeline from June 12, 2025, showing that both engines' fuel cutoff switches mo…
China's growing fleet of electric taxis and increased ridesharing are reducing the country's reliance on oil, even as gasoline prices rose following the Iran conflict. Falling fares, driven by an influx of drivers and affordable electric vehicles, have encouraged passengers to shift from private petrol cars to taxis and ride-hailing, helping China …
Swedish grocer Axfood reported second-quarter sales that marginally rose year-on-year but did not meet analyst expectations, as food price deflation and calendar effects held back growth. Operating profit and consensus-beating metrics missed forecasts, while the Hemköp chain delivered notable expansion. Management reaffirmed its City Gross profitab…
Sweden-based logistics company Elanders reported second-quarter net sales that exceeded analyst expectations and posted improvements in adjusted profitability metrics, while confirming a planned chief executive change that will take effect in September 2026. Though overall net sales fell year-on-year, the company registered 3% organic growth after …
Deckers (DECK) is a premium footwear and apparel house with durable margins, strong free cash flow and two global brands (UGG and HOKA) that can carry earnings even as growth moderates. The market has repriced future growth — that creates a swing trade opportunity to buy into quality at a reasonable multiple. Entry $106.62, stop $96.00, target $125…
Shares of prominent Chinese AI developers rallied after reports that DeepSeek is preparing an initial public offering in mainland China later this year and is seeking private capital at a valuation of at least $71 billion. The news lifted prices for fellow AI-focused stocks, with Knowledge Atlas Tech (ticker 2513) and MiniMax Group (ticker 0100) po…
European Central Bank policymaker Martin Kocher said the bank has not observed second-round inflation effects from the U.S.-Israeli war on Iran so far, but is monitoring indirect price pressures from the conflict and is prepared to act if necessary. He warned that the intensity and duration of the war create substantial uncertainty and noted that m…
Skandinaviska Enskilda Banken reported higher second-quarter profits driven by robust client activity, record net fee and commission income and increased lending volumes. The board approved a new quarterly share repurchase programme after completing the prior buyback, while the bank maintained its 2026 cost target and continued investments in techn…
ASML reported second-quarter revenue and net income above analyst expectations, driven by capacity expansion from companies building chips for artificial intelligence. The Dutch supplier, sole producer of extreme ultraviolet lithography systems, also confirmed Intel will use its new High-NA tool for some advanced
TomTom NV reported a net profit of 7.2 million euros for the second quarter ending June 30, 2026, reversing a year-earlier loss. Revenue slipped 5% to 119.4 million euros, driven by weaker automotive and enterprise sales, but a 24% reduction in operating expenses helped produce the profit. The company reiterated full-year revenue and margin guidanc…
Cdon reported a second-quarter loss as the company stepped up spending on growth initiatives, shifting marketing toward paid performance channels and front-loading investments that reduced profits. Revenue and gross merchandise value rose year-over-year, while operating and EBITDA results were negative for the quarter.
Norwegian offshore vessel operator Solstad Maritime reported second-quarter adjusted EBITDA of $88 million, driven by increased fleet activity and stronger utilization in its AHTS segment. The company raised its 2026 full-year adjusted EBITDA guidance to $360 million-$390 million and declared a Q2 dividend of $0.1 per share, totaling roughly $47 mi…
Norrhydro reported essentially flat revenue for the first half of 2026, with sales edging up 0.14% year-over-year to EUR 14.90 million. The company delivered higher profitability metrics, including an H1 EBITDA margin of 9.0% versus 8.2% a year earlier, and provided full-year guidance that assumes recovery in the latter half of 2026. However, new o…
Hexatronic Group AB reported second-quarter net sales of SEK 2.25 billion, representing 11% organic growth. Adjusted EBITA rose 33% and net income reached SEK 131 million. The Fiber Solutions and Data Center divisions were primary contributors to growth, while the Harsh Environment unit lagged due to product mix and project delays. The company comp…
Swedish engineering consultancy AFRY posted second-quarter net sales of SEK 6.51 billion, narrowly exceeding the SEK 6.48 billion average estimate from four analysts, while adjusted EBITA came in below consensus. The company said it has completed a restructuring program and is moving its focus toward organic growth, though improvements in backlog a…
Norwegian hydrogen technology company Nel reported second-quarter revenue of NOK 182 million, below the three-analyst consensus of NOK 186.67 million. The company reported a net loss of NOK 189 million and an EBITDA loss of NOK 155 million, which was affected by a NOK 70 million settlement charge tied to Iwatani. Order intake surged 224% year-over-…
Italian edge AI specialist Seco reported a slight year-on-year increase in preliminary first-half net sales and an improvement in gross margin to 54.0% from 53.4%. Growth was led by edge computing sales and recurring revenue from the Clea business, which generated €7.4 million in H1 with recurring revenue up 12% year-on-year. The company expects th…
Intel has started using ASML's high numerical aperture (High NA) extreme ultraviolet (EUV) lithography machine to manufacture portions of its Panther Lake laptop processors. The move follows experiments that began in 2024 and is intended to generate production data and optimization insights for both Intel and ASML, while the industry continues to d…
Japan's information technology sector declined after IBM issued a downbeat revenue outlook and said customers are reallocating spending toward servers, storage and memory to secure AI infrastructure, delaying software purchases. The warning knocked IBM shares down about 25% overnight and pressured Japanese IT services and software-related stocks, w…
The Islamic Revolutionary Guard Corps (IRGC) has warned it will close other export corridors used by the United States and its allies after moving to shut the Strait of Hormuz, while the U.S. renewed military strikes and announced a naval blockade of Iranian ports. Analysts say Iran could employ Houthi allies in Yemen to threaten the Bab el-Mandeb …
ASML announced that Intel Foundry has begun high-volume manufacturing of Intel Core Ultra Series 3 processors (Panther Lake) using ASML's High Numerical Aperture (High NA) EUV lithography technology on the Intel 18A process node. This milestone demonstrates High NA EUV readiness in production, enabling more precise chip patterning and paving the wa…
ASML Holding NV announced Q2 2026 results with total net sales of €9.3 billion and net income of €2.9 billion, exceeding guidance. The company raised its 2026 sales outlook to €43-45 billion, driven by strong demand in semiconductor lithography equipment fueled by AI investments. ASML plans significant capacity expansions for EUV and DUV systems fo…
Molecular Partners presented its development of bispecific Radio-DARPins designed to simultaneously target multiple tumor markers, improving precision and efficacy of radioligand therapy in heterogeneous cancers. The company's approach tailors Radio-DARPins to match tumor biology, enhancing treatment options for difficult-to-treat cancers. Ongoing …
