Global markets live: Flutter, Boeing, KKR, Walt Disney, Amazon...
Every morning, the MarketScreener team selects the most important news about listed companies worldwide. Here's a short recap for your convenience:
Corporate results:
- ABN Amro posts higher second-quarter net profit.
- Ahold Delhaize reports lower half-year results, but revenues up and targets are confirmed.
- Coca-Cola Hellenic raises its forecasts.
- E.ON raises its outlook for 2023.
- Flutter Entertainment returns to profit in first half and increases sales.
- Honda reports a 78% increase in operating profit for the first fiscal quarter.
- Qiagen lowers its guidance for fiscal 2023.
- Super Micro Computer loses 9.5% after its quarterly results.
- TUI turns a profit in fiscal Q3.
- Vestas reduces its first-half loss, but it is higher than expected.
- Take-Two expects lower-than-expected net sales for the second quarter, but has confirmed its full-year forecast and remains confident of seeing a "significant inflection point" in fiscal 2025.
- Rivian raised its annual production forecast, and its CEO declared that the Group had sufficient liquidity to last until 2025.
- Rocket Lab was up 7% in pre-market trading as the space company reported better-than-expected quarterly sales of $62.05 million.
In other news:
- Reinold Geiger, 73% owner of L'Occitane, plans to buy back the remaining shares at HKD 35 per share, according to Bloomberg (37% premium on the previous day's closing price).
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Google and Universal Music in talks over AI deepfakes deal, FT reports.
- Lyft said on Tuesday that it would redouble its efforts to offer competitive prices in order to catch up with rival Uber.
- Boeing has delivered 309 aircraft so far this year and received 467 net orders.
- WeWork expressed "substantial" doubts on Tuesday about its ability to continue as a going concern and announced the departure of three members of its board of directors, sending its shares down 16.8% in pre-market trading.
- Amazon plans to invest in Arm's IPO, along with a host of others.
- Google files an emergency motion to block the dismissal of an antitrust trial in Texas.
- KKR and Italy discuss (again!) the terms of a state-backed bid for Telecom Italia's landline network.
- Li Auto aims to overtake BMW, Mercedes and Audi (Volkswagen) in China by 2024.
- Six British water companies, including Severn Trent, are sued for over £800 million.
- Equinor wins Norwegian approval for Snohvit and Hammerfest LNG projects.
- ESPN (Walt Disney) signs a $2 billion agreement with Penn to launch a sports betting business.
- Virtual reality startup Immersed to go public via SPAC Maquia Capital Acquisition Corp.