• Infineon lowers its revenue forecast after third-quarter results fall short of expectations.
  • PostNL fails to meet parcel volume expectations due to unfavorable mix effects.
  • Aurubis' third-quarter results came in below expectations due to lower recycling revenues.
  • According to the Financial Times, Jason Windsor, CFO of Abrdn, will replace Stephen Bird as CEO.
  • Berkshire Hathaway's cash position reaches $277 billion as Buffett reduces his stake in Apple. The group's liquidity climbed to nearly $277 billion even as the conglomerate posted record quarterly operating profit, according to its results released on Saturday.
  • Apple plunges 7.2% before the opening. Berkshire Hathaway has halved its stake in the consumer electronics group and now owns around 400 million shares worth $84.2 billion at June 30.
  • The delay of Nvidia's new AI chip could affect Microsoft, Google, and Meta, according to The Information. Nvidia - Design flaws could delay the launch of the group's next artificial intelligence chips by three months or more, The Information reported on Friday. Nvidia fell by 8.8% before the opening. Other semiconductor manufacturers such as Broadcom, Marvell Technology, AMD, and Intel lost between 4.8% and 7.8%.
  • Mars is considering the acquisition of Kellanova, according to sources obtained by Reuters. Kellanova - Mars, the food giant, is considering a possible acquisition of Kellanova, a group valued at $22 billion, according to sources familiar with the matter. The stock gained 5.9% before the opening.
  • Coca-Cola to appeal $6 billion tax reassessment.
  • Alphabet sold two-thirds of its stake in CrowdStrike in the first half of the year. CrowdStrike rejects Delta Air Lines' allegations of responsibility after the giant blackout.
  • China Evergrande's EV branch, including China Evergrande New Energy, goes bankrupt.
  • TPG Telecom and Vocus relaunch negotiations for a $4.1 billion fiber optics business.
  • AMC reported a second-quarter loss, penalized by the impact of last year's two Hollywood strikes, which limited new theatrical releases. The stock lost 6% before the opening. AMC Entertainment posts a second-quarter loss due to a weak film offering.
  • BioNTech - The German laboratory, a partner of Pfizer, announced on Monday that it had quadrupled its second-quarter losses as it focuses on a change of strategy towards new cancer treatments following a sharp drop in sales of its COVID-19 vaccine.
  • The Carlyle Group - On Monday, the private equity firm reported a sharper-than-expected fall in second-quarter distributable earnings, down 11.7% year-on-year. Meanwhile, private equity firm Quantum Capital Group is to buy US independent power producer Cogentrix Energy for around $3 billion from funds managed by Carlyle, the two groups announced on Monday.
  • CrowdStrike on Sunday rejected Delta Air Lines' claim that the IT security group was responsible for the flight disruptions that occurred on July 19 after a giant computer failure.

Main publications of the day: Progressive Corporation, CSX Corporation, Palantir Technologies, Williams Companies, Simon Property Group, Diamondback Energy, BioNTech SE, Tyson Foods, The Carlyle Group, BioMarin Pharmaceutical, Fidelity National Financial, AECOM, Bharti Airtel, Itochu, Hon Hai Precision Industry, ORIX Corporation, Subaru Corporation...