- Airbus and Thales are reportedly seriously considering merging their space activities, as per La Tribune.
- Swatch has reported its half-year EBIT significantly below expectations.
- Burberry has suspended its dividend for fiscal 2025 and anticipates an operating loss in the first half of the year.
- Nordea's Q2 net income of €1.9 billion was slightly below the consensus forecast.
- TomTom has suspended its 2025 targets after reporting a larger-than-expected operating loss in the second quarter.
- AstraZeneca has completed the acquisition of Amolyt Pharma for $1.05 billion.
- Bunge and Viterra (owned by Glencore) have proposed selling assets in two EU countries to secure EU approval for their merger.
- BHP and Lundin are reportedly preparing a joint bid for Filo Corp, according to Reuters.
- Youngtimers is set to acquire C Capital.
- Ems-Chemie has given up on its hopes of stabilizing sales by 2024.
- AT&T has disclosed a significant data breach.
- Google is reportedly nearing a deal to buy cybersecurity firm Wiz for $23 billion, according to the WSJ.
- CVC is looking to sell trading platform Oanda, as reported by Sky News.
- Boeing has initiated the certification process for its 777-9 in the USA.
- Vinfast has reduced its 2024 delivery targets by 20%.
- HCL Technologies has provided reassurances about its growth prospects.
- BlackRock's assets under management reached a record $10.650 billion in the second quarter, with the group reporting a 9% increase in earnings on Monday, thanks to strong growth in management revenues amid rising stock markets.
- Goldman Sachs is set to release its earnings before the stock market opens and is also looking to raise $2 billion for its first Asia-Pacific-focused private equity fund.
- Alphabet's Google is in advanced negotiations to acquire cybersecurity startup Wiz for around $23 billion, potentially marking the company's largest-ever acquisition.
- Microsoft-backed OpenAI is working on a new AI model approach in a project named "Strawberry."
- Meta has announced the lifting of certain restrictions on former U.S. President Donald Trump's Facebook and Instagram accounts, including additional monitoring that was implemented when his accounts were reinstated early in 2023.
- Apple's sales in India have jumped 33% to nearly $8 billion in the year ending in March, and Morgan Stanley has added Apple to its list of preferred stocks, leading to a 2% increase in its stock price before the market opens.
- Walmart, Target, and Amazon may see flat or decreased back-to-school spending in the U.S. this year, as consumers are expected to reduce spending on expensive electronics, according to Deloitte.
- Paramount is being scrutinized by Gabelli Funds for more details on the asset valuation of National Amusements, the Redstone family's holding company that has a majority stake in Paramount and is slated for acquisition by Skydance Media.
- Southwest Airlines and Archer Aviation have agreed to collaborate on developing operational plans for electric air cab networks at California airports where Southwest operates.
Today's main earnings reports: The Goldman Sachs Group, BlackRock, Orkla, CompuGroup, TomTom, Steico... The full earnings calendar is here.