• Alcon reported an increase in both net profit and net sales for the first half of the year, indicating a strong performance in the period.
  • Antofagasta enjoyed a rise in half-year profit, largely due to higher copper prices, which have boosted the company's financials.
  • Sensirion posted a loss for the first half of the year; however, the company's sales have increased, suggesting a potential for future profitability.
  • AP Moller Maersk has admitted to providing inaccurate information regarding its Canadian shipments, which could impact the company's reputation and operations.
  • Novo Nordisk is back in the news as a new study reignites the debate over a possible link between its anti-obesity drug Ozempic and cases of suicide, potentially affecting the drug's perception and usage.
  • Feintool has reported an increase in its losses, indicating a challenging financial period for the company.
  • SoftwareOne has announced that discussions with potential buyers are ongoing, suggesting that a major corporate transaction may be in the works.
  • Basilea has received an additional milestone payment from Pfizer due to the revenues generated by Cresemba, marking a positive financial development for the company.
  • Bavarian Nordic is considering ramping up production of its mpox vaccine after discussions with the WTO, a move that could have significant public health and business implications.
  • BMW's Chinese joint venture has qualified for a reduced tariff under EU rules for electric vehicles manufactured in China, which could enhance the company's competitive position in the EU market.
  • Bridgepoint has successfully completed the acquisition of Energy Capital Partners Holdings, expanding its investment portfolio.
  • Walmart is looking to sell its stake in JD.com for $3.74 billion, as reported by Bloomberg. This move comes as JD.com's shares fell by 7% before the market opening, following the news of Walmart's potential exit. Walmart's decision to sell reflects a strategic shift and responds to the challenges within China's e-commerce sector.
  • Warner Bros. Discovery has announced a significant investment plan of $8.5 billion in Nevada studios, contingent on tax credit approval, which could mark a substantial expansion of its operational capacity.
  • KKR is reportedly in advanced discussions to acquire The Parking Spot, with the deal valued at approximately $1.4 billion, indicating a strategic move in the infrastructure sector.
  • The European Union's announcement of a planned 9% tariff on Tesla cars imported from China could affect the company's pricing and market strategy in the EU.
  • Target has released its second-quarter results before the market opening, with shares surging by 14% following a strong performance that exceeded market expectations.
  • Keysight Technologies saw its shares increase by 12% after reporting sales that were better than consensus for its third quarter.
  • Microchip Technology experienced disruptions due to an 'unauthorized actor' affecting certain servers and operations.
  • Regeneron faced a setback as the US Food and Drug Administration refused to approve the group's therapy for a common form of blood cancer.
  • Arch Resources is reportedly nearing an agreement to merge with Consol Energy (CEIX.N), potentially creating a coal mining company valued at $5 billion.
  • Hyatt has expanded its portfolio by acquiring Standard International, aiming to create a new hotel brand.
  • Energix has secured a long-term solar energy contract with Google, marking a significant deal in the renewable energy sector.
  • Coty missed its revenue forecast due to cautious retail orders and the sale of the Lacoste license, indicating potential challenges in its business strategy.
  • Texas Instruments has projected a significant increase in free cash flow by 2026, signaling confidence in its financial growth.
  • Organon and Eli Lilly have expanded their migraine marketing agreement to 11 additional markets, enhancing their commercial reach.
  • The Indian competition regulator has expressed concerns about the potential Walt Disney-Reliance merger in the media sector, which could have major implications for the industry.
  • Ansell plans to reduce its workforce by 1,330 in fiscal 2024 as part of its automation initiatives, which could affect company operations and employee relations.
  • Toll Brothers saw a 6% gain after raising its annual earnings guidance, reflecting a strong performance and positive market response.
  • Bitfarms' decision to acquire Stronghold Digital Mining for $125 million in stock and $50 million in debt has had mixed reactions in the market, with Bitfarms shares initially dipping but later recovering, while Stronghold's shares soared.

Today's main publications include results from The TJX Companies, Analog Devices, Synopsys, Target Corporation, Snowflake, Agilent Technologies, Raymond James Financial, Williams-Sonoma, Zoom Video Communications, Xiaomi Corporation, WiseTech, Santos, Nongfu Spring, Hong Kong Exchanges, and CGN Power, among others. The full earnings calendar is here.