• Airbus reports lower earnings, but less than expected, helping the stock to rebound out of session. Airbus is also under criminal investigation in the UK for potential export control violations.
  • HSBC beats Q2 earnings expectations and announces a new $3 billion share buyback program.
  • BBVA net profit up 38% in Q2.
  • Caixabank net profit jumps 30% in Q2.
  • Solvay core earnings increase thanks to higher volumes and improved costs.
  • GSK posts lower first-half attributable profit but higher sales.
  • Amadeus quarterly profit exceeds forecasts.
  • Boeing announced on Wednesday that it had widened its quarterly loss, particularly due to its ailing defense and space activities. The American manufacturer has already reduced its production of commercial aircraft following reports of quality defects. The group also said it had appointed Kelly Ortberg as its new president and CEO.
  • Microsoft reported lower-than-expected quarterly sales growth for its cloud computing division on Tuesday evening, adding to signs that the return on investment in artificial intelligence (AI) will take longer than expected. 
  • Advanced Micro Devices (AMD) raised its sales forecast for artificial intelligence (AI) chips by $500 million this year and stressed that supply would remain limited until 2025. The stock jumped 9.2% before the opening of trading in New York. Following in AMD's footsteps, Nvidia, Broadcom, Applied Materials, Marvell Technology, and Qualcomm gained between 2% and 5.2%.
  • Intel plans to cut thousands of jobs to reduce costs and cope with market share erosion, Bloomberg reported on Tuesday, citing sources close to the matter. The stock advanced 1.8% in pre-market trading. Intel also plans to launch a vast social plan to finance its turnaround.
  • Electronic Arts announced on Tuesday evening that it expected sales for its second fiscal quarter to exceed analysts' expectations, citing strong sales of titles such as “EA FC 24”.
  • Match - Tinder's parent company announced its intention to cut around 6% of its workforce as part of plans to discontinue live streaming services on its dating apps. Activist investors are pressuring the group to improve its results. Match shares climbed 10% in pre-market trading.
  • Pinterest announced that it expects sales for the current quarter to fall short of Wall Street expectations, as the image-sharing platform faces stiff competition in a stabilizing digital advertising market. The share price fell by around 12.5% in pre-market trading.
  • Mondelez International - Cadbury's parent company missed second-quarter sales forecasts, as high inflation prompted some customers to switch to cheaper products.
  • Kraft Heinz cut its full-year organic sales forecast, a sign that rising prices for its snacks and meal kits will continue to weigh on consumer demand.
  • Starbucks reported a quarterly profit in line with Wall Street expectations and confirmed its full-year forecasts, despite a decline in worldwide sales amid persistent weakness in consumer spending in the group's main markets. The coffee chain's shares, down 22% since the start of the year, are up 5% in pre-market trading.
  • Humana announced that it had beaten Wall Street expectations with second-quarter earnings, thanks to the strength of its Medicare Advantage insurance business.
  • DuPont de Nemours raised its full-year guidance, as strong demand for electronics and artificial intelligence-based technologies helped it post better-than-expected second-quarter results.
  • Altria missed second-quarter sales and earnings forecasts, as the tobacco giant faced persistent weakness in demand for its cigarette brands.
  • Marriott International lowered its room sales growth forecast for this year, as the US domestic travel sector continued to record mediocre results.
  • T-Mobile US climbs 3% in pre-market trading, as the telecom operator announced that it now expects to add between 5.4 million and 5.7 million subscribers this year, compared with a previous forecast of 5.2 million to 5.6 million.
  • Skyworks Solutions reported a fall in third-quarter sales, penalized by weak demand for chips used in the automotive sector. The share price lost almost 5% in pre-market trading.
  • Telefonica's second-quarter net profit falls to 447 million euros.
  • Smurfit's second-quarter profit falls due to lower demand and higher input costs.
  • Swisscom posts lower half-year core earnings but confirms its outlook.
  • Siemens Healthineers misses its third-quarter forecast due to slow growth in China.
  • Just Eat Takeaway reports an increase in first-half basic earnings thanks to growth in its key markets.
  • Kion cuts its annual guidance after a mixed second quarter.
  • Lufthansa forecasts a fall in third-quarter earnings due to rising costs.
  • Leonardo confirms Europe-wide space discussions, probably involving Thales and Airbus.
  • Vista Outdoor is studying the sale of its sporting goods unit in addition to its ammunition.
  • Blackstone is in talks to acquire Retail Opportunity Investments Corp, Reuters has learned.
  • Samsung reports strong demand for AI and rising profits thanks to higher chip prices. 
  • Rio Tinto reports stable half-year earnings, with the share price rebounding 2% in Australia.
  • Denso lowers its operating profit forecast for the year.
  • Toyota shares tumble after poor sales and an order from the Japanese Ministry of Transport concerning violations in the group's vehicle certification procedures.
  • Chinese company BYD examines the possibility of entering the Canadian automotive market.
  • Pacific Smiles considers Genesis Capital's offer superior and asks NDC to adjust.

Today's main earnings reports: Meta Platforms, MasterCard, T-Mobile US, Qualcomm, Alibaba Group Holding Limited, Arm Holdings plc, Lam Research Corporation, Boeing, Automatic Data Processing, KKR & Co, Trane Technologies plc, Altria Group, Marriott International, American International Group, MetLife, Johnson Controls International Plc, Hess Corporation, Cencora, Humana, The Allstate Corporation, Fair Isaac Corporation, Verisk Analytics, Kraft Heinz, Ingersoll Rand, Corteva, Cognizant Technology Solutions Corporation, GE HealthCare Technologies, DuPont de Nemours, Samsung, Hitachi, ITC Limited, Daiichi Sankyo, MediaTek, Mizuho Financial Group, Maruti Suzuki India, Denso Corporation, PT Bayan Resources Tbk, Takeda Pharmaceutical Company Limited, Murata Manufacturing, Mahindra & Mahindra Limited, HSBC Holdings plc, Rio Tinto plc, Schneider Electric SE, GSK plc, Safran, Siemens Healthineers AG, BBVA, Danone, Wolters Kluwer, adidas AG, Caixabank, Swisscom AG, Aena, Amadeus IT Group, Legrand, Telefónica, Tenaris, Fresenius SE, Snam, Kerry Group plc, OMV AG, JDE Peet's, Nemetschek SE, Bank of Ireland Group plc, Inwit...

The full earnings calendar is here.