Analysis: Stocks

A New normal and an optimism-tinged valuation for Applied Materials

Is the semiconductor sector on the verge of the cycle turn that some observers are warning about ever more loudly?

Thyssenkrupp: Q325/26: fine a slight upward revision of the guidance.

Earnings/Sales releasesThyssenKrupp’s Q3 FY25/26 results were positive, with revenues of €8.8bn slightly ahead of consensus and adjusted EBIT of €183m broadly in line. Net income and free cash...

D/s Norden: Tankers strong, sequential Dry Operator improvement

Earnings/Sales releases The Tanker segment was again a solid contributor to group EBIT in Q2 2026, thanks to high SPOT RATES and gains on the sale of vessels. Conversely, the weakness persisted in Dry...

Adyen: Fear coming out of the price

Earnings/Sales releases Adyen delivered a strong H1, with volumes and net revenue marginally ahead of consensus. The shares still jumped 12% on a guidance range lifted to 21%-23%, an upgrade that is...

PolyPeptide: Polypeptide 1H26 results

Earnings/Sales releases PolyPeptide released its already-known results, with no surprises. There was strong operational performance, with guidance raised for FY26. The focus was on the CHF1.5bn offer...

Ottobock: Ottobock records strong organic growth in 1H26

Earnings/Sales releases Ottobock continues to deliver, with a strong set of results in 1H26. Core revenues grew by +7.7% , largely supported by a strong EMEA performance, while underlying core EBITDA...

Sanofi: Q2 beat gets sidelined by burning pipeline issues

LatestThe Q2 results surpassed expectations, backed by the unrelenting growth of Dupixent and the impressive uptake of some newly launched medicines. Consequently, the management upgraded its 2026...

Swissquote Group Holding: H1-26: Crypto winter bites, growth story safeguarded

Earnings/Sales releasesSwissquote’s H1-26 was marred by a 66% crypto assets income collapse , stalling revenue growth at +2% yoy. Otherwise, it was strong: record CHF96.3bn client assets, CHF5.1bn...

Aston Martin Plays the Rogue Borrower

This morning, the Financial Times described the shock in London after the nasty surprise the automaker recently sprung on its creditors.

Swissquote Pays heavily for Its Crypto Dependence

Swissquote shares are down 12% in intraday trading after H1 results missed expectations and the bank cut its full-year targets. Behind the market punishment lies a paradox: the bank keeps attracting...

Entain: Growth intact, tax mitigation and CEE exit in focus

Earnings/Sales releases Entain delivered a strong H1, with UK&I online NGR up 13% and broad-based international growth demonstrating resilient customer demand despite higher gambling taxes....

Shelly Group SE: Shelly continues to deliver amidst takeover discussions

earnings/sales releases Shelly published good profitability and cash flow figures for Q2 and reiterated its guidance. The group more than reassured again on margins and especially cash generation,...

Antofagasta: Strong H1 results marred by 2026 production guidance downgrade

Earnings/Sales Releases Even though Antofagasta’s H1 results were strong, markets are disappointed with copper guidance downgrade. While extreme weather events in Chile triggered this downgrade, it...

HelloFresh: One last refresh before the test

Earnings/Sales releases Q2 did not resolve the primary debate. Existing customers are responding positively to the Refresh initiative, with increased order rates and average order values. However,...

AutoStore: Q2 FY26: A major beat; order momentum strengthens

Earnings/Sales releases AutoStore delivered a major Q2 beat, with revenue and adjusted EBITDA materially ahead of expectations, and order intake reaching a record $217.6m, around 34% above consensus....

Can Japan's Digital Push Unlock More Growth for LY Corporation?

Growth across advertising, commerce, and fintech are all supporting LY Corporation, although margin pressure continues to cloud the investment story.

Affle 3i Is Turning AI into Advertising Growth

Can Affle 3i Ltd. can defend its edge in an increasingly crowded ad-tech market?

Orsted: H1 2026: dividend will be back but "modest"

Earnings/Sales releases Clean read beats the optics. Reported EBITDA fell 4%, but that reflects last year's partnership base effect; underlying earnings rose 8% to DKK 15.0bn on a 23% jump in...

Sixt Still Speeding Ahead at Full Throttle

The vehicle rental group announced eye-popping H1 results.