• Mercedes-Benz reported a twenty-seven percent drop in second-quarter automotive profits and has cut its targets for the year.
  • Enel has committed to increasing its dividend following a nine percent rise in first-half core earnings.
  • Holcim observed a decline in first-half revenues and issued a warning about the full-year outlook.
  • ThyssenKrupp has reduced its full-year forecasts due to challenging market conditions.
  • Eni's quarterly profit was lower than expected.
  • Banco de Sabadell's CEO has dismissed the possibility of a "white knight" thwarting BBVA's takeover bid.
  • Hexagon missed its second-quarter earnings forecast.
  • Segro reported an increase in UK property values, marking the first rise since 2022.
  • Traton, the German truck manufacturer, reported higher profits, attributing the increase to price hikes.
  • Metro Bank agreed to sell its residential mortgage portfolio to NatWest for three billion dollars.
  • Signify's second-quarter adjusted core earnings did not meet forecasts.
  • Bayer agreed to a one hundred sixty million dollar settlement for a lawsuit in Seattle related to PCBs.
  • EQT is planning to sell its stake in the fiber-to-the-home network Fiberklaar.
  • Edison and Snam have signed a gas storage agreement valued at six hundred thirty million euros.
  • Amazon is reportedly working on developing AI chips that aim to be more cost-effective and faster than those of Nvidia.
  • Occidental Petroleum is said to be in advanced discussions to sell its Barilla Draw assets, as per Reuters.
  • Rio Tinto, BYD, and LG Energy are showing interest in Chile's Altoandinos lithium site.
  • Mankind Pharma from India has acquired Bharat Serums for one point six billion dollars.
  • 3M Company raised the lower end of its annual adjusted earnings guidance, expecting to benefit from restructuring and increased demand for electronics, leading to a stock increase of over seven percent in pre-market trading.
  • Mega-cap companies Apple, Nvidia, Alphabet, Microsoft, Meta Platforms, Amazon, and Tesla saw gains between zero point seven percent and two point two percent in premarket trading after a volatile week.
  • Chip giants Intel, Broadcom, Qualcomm, Micron Technology, and Arm Holdings each advanced by around two percent.
  • Meta - EssilorLuxottica mentioned that Meta is contemplating taking a stake in its capital.
  • Tesla - Elon Musk is in discussions regarding a potential five billion dollar investment in his AI startup xAI, which has raised concerns about a conflict of interest.
  • Electronic Arts, Take-Two Interactive, Walt Disney, and Warner Bros Discovery's actors have gone on strike over AI development rights, resulting in a work stoppage in Hollywood.
  • Colgate-Palmolive's stock is up one point three percent in pre-market trading after the company raised its guidance for annual organic sales growth and adjusted EPS.
  • Bristol-Myers Squibb's shares increased by four point seven percent following better-than-expected second-quarter results.
  • Biogen's shares fell five point six percent in pre-market trading after the EU's drug regulator rejected its Alzheimer's treatment.
  • Allegro Microsystems' stock dropped six point two percent post-market as the company issued twenty-five million new shares.
  • Ford, IBM, and AT&T are scheduled to publish their quarterly results on Wednesday.

Today's key earnings reports include those from Bristol-Myers Squibb Company, Colgate-Palmolive Company, Aon plc, 3M Company, Centene Corporation, Charter Communications, T. Rowe Price Group, Booz Allen Hamilton Holding Corporation, George Weston Limited, Avantor, Franklin Resources, Keyence Corporation, Shin-Etsu Chemical, Power Grid Corporation of India Limited, Air Liquide, Mercedes-Benz Group AG, Eni, Holcim, BASF SE, Capgemini SE, Hexagon AB, NatWest Group, Terna, Bouygues, Amundi, Segro, Traton...