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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.
Filtronic reported fiscal 2026 revenue of a355.50 million, missing the four-analyst consensus of a356.15 million. Adjusted EBITDA and net income fell year-over-year as the company absorbed a higher amortisation charge tied to a SpaceX share warrant agreement and faced foreign exchange headwinds from a weaker US dollar. Operating costs rose as the f…
Synthomer reported H1 revenue of £954.30 million, a year-on-year increase of 6.7%, and upgraded its full-year 2026 outlook to slightly ahead of market expectations. Adjusted earnings per share turned positive at £0.22 and adjusted pretax profit exceeded estimates, although the group recorded an overall pretax loss and negative free cash flow for th…
Core Scientific's reported partnership with AMD, combined with accelerating colocation revenue and a $500M expandable financing package, turns an otherwise speculative blockchain miner into a high-upside AI infrastructure play. Valuation is stretched on headline multiples, but operational momentum and a credible path to higher-margin hosting underp…
Australian equities finished the session higher, with the S&P/ASX 200 climbing 1.40% to a fresh three-month high. Gains were concentrated in IT, Healthcare and Financials, while some energy names weighed on the market. Volatility measures and commodity prices moved higher alongside modest currency changes.
Comcast (CMCSA) trades at cheap multiples relative to its cash flow and offers a 5.5%+ yield while management separates the higher-growth media assets into a standalone company. That combination sets up a mid-to-long-term trade: collect yield and wait for either operational re-rating or a successful NBCUniversal spinoff to unlock value. Entry at $2…
Taiwan's main index finished the session unchanged, even as a handful of listed companies swung markedly in late trade. Market breadth favored advancers, and energy and precious metals contracts advanced. Currency moves were small, with the TWD little changed against the US dollar and the yuan showing a marginal figure in the report.
Apple asked a U.S. judge for a preliminary injunction restricting two former employees and OpenAI from accessing, obtaining, using or disclosing information Apple says is confidential as part of a trade secrets lawsuit. The company also moved for expedited discovery and depositions of several individuals and corporate representatives as the case pr…
A former Bank of Japan official directly involved in past market operations warned that Japan and the United States are prepared to repeat joint intervention if the yen resumes a fresh downtrend. He said the recent rare coordinated yen-buying operation successfully altered market perceptions, and that the U.S. backing gives Tokyo freedom to act aga…
Pharming Group N.V., a global biopharmaceutical company listed on both Euronext Amsterdam and Nasdaq, announced its participation in the Canaccord Genuity 46th Annual Growth Conference in Boston on August 12-13, 2026. The company’s VP of Investor Relations and Capital Markets, Michael Levitan, will take part in a Fireside Chat Q&A session, offering…
Unions representing workers at BHP’s Port Hedland operations in Western Australia said on Aug 4 that they have not reached agreement on wages with the miner, and will proceed with a planned two-day strike at the world’s largest iron ore export hub on August 8-9. Both sides signalled further talks, with BHP due to put forward an updated proposal at …
Australian lithium stocks rallied after Liontown Resources delivered a more upbeat lithium market outlook at the Diggers & Dealers conference. Liontown led gains following comments from CEO Tony Ottaviano about improving spodumene demand, better operating performance at Kathleen Valley and early work on the company's planned expansion. The optimism…
A six-month standstill that barred Rio Tinto from approaching Glencore lapses this week, but sources close to Rio's leadership say the company is unlikely to renew merger discussions. CEO Simon Trott is focused on simplifying the business into three core divisions, selling assets to free up cash and expanding copper and trading activities rather th…
Toyota raised its full-year operating profit projection to 3.4 trillion yen from 3 trillion yen, citing a weaker yen and marketing gains, even as the company reported a 9% drop in first-quarter operating profit amid weaker sales in China. The automaker also announced a substantial share buyback and a plan to cancel shares.
New launches of sustainable funds have slowed sharply in 2026, with Europe recording a near-record low of new products in the second quarter while dozens of funds closed. Weak returns, investor redemptions and intensified regulatory attention have prompted fund managers to retreat from or reshape sustainability-labelled offerings, with flows favour…
The death of 42-year-old Moroccan-born metalworker Abderrahim Fakir after being restrained by police in Bologna has intensified Italy’s migrant debate. While political leaders used the incident to advance competing narratives, interviews with family, lawyers and friends depict a man contending with business troubles, anxiety over his residency and …
IQM Quantum Computers Plc, a Finnish-based global leader in superconducting quantum computers, announced its first earnings as a public company for H1 and Q2 2026. The company reported EUR 8.9 million in revenues and an operating loss of EUR 60.5 million, supported by a substantial cash balance of EUR 309.4 million post listing. IQM expanded its ma…
Wix.com Ltd. announced robust second quarter 2026 financial results, with revenues increasing 15% year-over-year to $563 million, fueled by strong performance in its Base44 app-creation platform and continued growth in its core Wix business. The company launched Base44’s proprietary large language model (LLM) 'Base 1' to reduce AI operational costs…
Nurix Therapeutics has enrolled the first patient in its pivotal Phase 3 DAYBreak CLL-306 trial evaluating bexobrutideg, a novel BTK degrader, against standard non-covalent BTK inhibitor pirtobrutinib in patients with relapsed/refractory chronic lymphocytic leukemia and small lymphocytic lymphoma. The trial aims to demonstrate bexobrutideg’s superi…
WuXi AppTec's stock climbed sharply after the company reported first-half 2026 revenue of RMB 28.9 billion and net profit attributable to shareholders of RMB 11.08 billion, both well ahead of market expectations. Adjusted non-IFRS net profit rose markedly, the company raised full-year revenue guidance, and declared an interim cash dividend payable …
WuXi AppTec's H shares climbed more than 10% in Hong Kong to trade at their highest level since September 30, 2021, following first-half results that beat expectations. The Chinese contract research and manufacturing services firm reported a 33.7% rise in net profit attributable and a near 39% increase in revenue, driven by broad-based demand inclu…
Sumitomo Chemical shares dropped 3.6% to ¥494.1 on Tuesday after a short-seller report accused its listed subsidiary, Sumitomo Pharma, of materially misstating fiscal 2025 accounts. The wider Japanese market also weakened, with the Nikkei 225 retreating 0.6% following Monday's decline, while investors await the parent company’s first-quarter earnin…
Sumitomo Pharmaceutical's stock dropped sharply after a short-seller report alleged that the company overstated fiscal 2025 results by as much as ¥165 billion through manipulation of trade receivables. The report highlighted a ¥48 billion dividend declared by the firm’s Swiss unit in March 2026 as a point of discrepancy. The attack compounds invest…
The Indian government intends to seek parliamentary approval for a package of tax measures designed to draw foreign investment and reinforce domestic manufacturing capacity. Proposed legislation would formalize tax exemptions for foreign buyers of Indian government bonds, protect offshore funds from tax where management is India-based, and extend t…
Guggenheim Securities has designated Celldex Therapeutics as its leading biotechnology selection, highlighting the commercial promise of the company’s lead candidate, barzolvolimab, in the chronic urticaria market. Analysts kept a Buy rating and a $100 price target while pointing to approaching Phase III topline readouts and additional clinical upd…
Short seller Gotham City Research alleges Sumitomo Pharmaceutical misstated parts of its fiscal 2025 accounts by up to 165 billion yen, highlighting conflicting disclosures about a dividend from its Swiss subsidiary and claiming receivables were manipulated to boost profits. The report coincided with a 3.5%-4% drop in Sumitomo Pharma and Sumitomo C…
