- Diageo missed its profit forecasts for the year.
- Standard Chartered exceeded earnings expectations and announced a $1.5 billion share buyback.
- Covestro lowered its earnings target for 2024 due to economic headwinds.
- Indra raised its guidance for 2024.
- Danube exceeded H1 growth expectations and raised its profit forecast.
- Lottomatica raised its full-year adjusted EBITDA guidance.
- Fresenius Medical Care reported second-quarter adjusted operating profit in line with expectations.
- Sika's half-year sales increased by 9.2%.
- Clariant raised its margin target following a strong half-year performance.
- BP Plc reported a higher-than-expected quarterly profit of $2.8 billion and increased its dividend.
- Avolta's first-half sales rose by 11%, and the company reaffirmed its medium-term outlook.
- DiaSorin slightly raised its full-year guidance.
- Heidelberg Materials' second-quarter earnings increased by 5%.
- Glencore will announce its decision on the demerger of its coal portfolio with its interim results.
- Galderma received EU approval for Relfydess.
- A fire at BASF's chemical plant in Germany was contained, but 14 were injured.
- WPP is proposing former BT Group boss Philip Jansen as its new chairman, according to the FT.
- Lalique Group requested the delisting of its shares.
- F5, Inc shares rose by 12% following their quarterly results.
- Lattice Semiconductor, Hologic, and SBA Communications saw their shares fall by 20%, 6%, and 4%, respectively, after their quarterly results.
- Delta Air Lines will seek compensation after a computer breakdown caused by CrowdStrike, which risks suffering if legal offensives multiply.
- Apple has used Google's chips to train two AI models, according to a research paper.
- Tesla replaces Ford as Morgan Stanley's “top pick” in the US automotive sector.
- Renasant acquires First Bancshares, marking the latest regional bank consolidation in the USA.
- BHP and Lundin Mining buy Filo for $3.25 billion.
- Toyota's global production slipped in June, impacted by slowdowns in Japan and China.
- Fortescue shares fell to a 21-month low following the disposal of a $1.24 billion block of shares.
- Meta Platforms announced plans to roll out AI Studio for creating personalized AI chatbots.
- Delta Air Lines has hired a law firm to seek compensation from Microsoft and CrowdStrike after a computer failure disrupted flights worldwide.
- A US appeals court blocked a Department of Transportation measure requiring airlines to disclose service fees at the same time as ticket prices.
- PayPal raised its full-year adjusted profit forecast for the second time, betting on consumer spending for the back-to-school season and the upcoming holidays.
- Pfizer raised its full-year profit forecast after reporting better-than-expected sales of its COVID-19 vaccine.
- Chesapeake Energy posted a net loss in the second quarter, compared with a profit last year, amid lower production and price pressures.
- Phillips 66 reported a drop in quarterly earnings due to collapsing margins amidst rising refining capacity worldwide.
- Stanley Black & Decker exceeded Wall Street expectations for second-quarter earnings, thanks to higher product margins following cost-cutting measures.
- F5's shares jumped 14% in pre-market trading after the company announced expectations to exceed Wall Street forecasts for its fiscal fourth quarter.
- Vista Outdoor gained 3% in pre-market trading as the company reviews strategic options, including a possible divestment of its Revelyst outdoor sports equipment division.
Today's main earnings reports include: Microsoft Corporation, Procter & Gamble Company, Merck & Co, AMD (Advanced Micro Devices), Pfizer, S&P Global, Stryker Corporation, Arista Networks, American Tower Corporation, Mondelez International, Starbucks Corporation, Illinois Tool Works, Canadian Pacific Kansas City Limited, Ecolab, PayPal Holdings, Phillips 66, Electronic Arts, Xylem, Pinterest, Oriental Land, Oversea-Chinese Banking Corporation, NEC Corporation, TDK Corporation, Prada, Sumitomo Mitsui, Nomura Holdings, Tata Consumer Products, Shimano, L'Oréal, Airbus SE, BP Plc, Diageo, Glencore, Intesa Sanpaolo, Sika, Danube, Ferrovial SE, Standard Chartered, Bolloré, Heidelberg Materials AG, Poste Italiane, EDP, Sage Group, Davide Campari-Milano, Fresenius Medical Care, Recordati, Covestro, Leonardo... The full earnings calendar is here.