Target reported a 5.3% increase in net sales for the second quarter, exceeding Wall Street expectations. The results were bolstered by $752 million in tariff refunds, prompting the retailer to raise its full-year earnings and sales growth outlook.
Unitree Robotics saw a 484% stock rally in its Shanghai IPO. Meanwhile, President Trump paused planned 50% tariffs on Canadian imports following a deal, and Russia dismissed a top economist who warned of the long-term economic risks of the war in Ukraine.
Government bond yields in major economies reached multi-year highs on Tuesday as the US-Iran ceasefire collapsed, oil prices climbed above $91, and concerns over rising fiscal deficits and defense spending intensified.
Gold and silver prices are expected to continue their upward rally next week, driven by geopolitical tensions in the Middle East, inflation data, and shifting interest-rate expectations from the US Federal Reserve.
Hong Kong raised its 2026 economic growth forecast to 3.5-4.5% after a 4.3% expansion in Q2, driven by strong external trade and resilient domestic demand, with first-half growth reaching 5.1%.
The U.K. economy grew by 0.4% in the second quarter, outpacing expectations and keeping the country on track for strong G7 growth, though potential fallout from the Iran war and high energy prices threaten the outlook for Prime Minister Andy Burnham.
LG India reported a 15.5% increase in June quarter revenue to Rs 7,233 crore, driven by strong demand for larger TV screens and premium appliances, while retaining its fiscal 2027 growth targets.
Former India captain Sunil Gavaskar urged the national team to prioritize collective success over individual stars ahead of their Test series against Sri Lanka and World Test Championship campaign.
Nifty faces a crucial resistance test at 24,775 while support emerges near 24,500, according to Anand James of Geojit Investments. Derivatives data indicates capped upside and a likely range of 24,400–24,800.
Peloton posted its first full-year net profit of $63.2 million in fiscal 2026, driven by price increases, but shares tumbled nearly 13% as the company forecast lower sales for fiscal 2027.
U.S. Treasury yields fell Friday after July data showed the economy unexpectedly lost 23,000 jobs, raising labor market concerns and dimming expectations for a near-term Federal Reserve interest rate hike.
Sweetgreen cut its full-year outlook, projecting steeper same-store sales declines as consumer fears over a cyclospora outbreak impact fresh produce demand, causing shares to fall over 15% in extended trading.
UK housebuilder Persimmon raises full-year outlook despite cost pressures, citing readiness to benefit from Prime Minister Andy Burnham's housing policy agenda, aiming for 12,500 new homes by year-end.
Block (XYZ) raises full-year outlook after Q2 gross profit jumps 25% YoY to $3.17B, driven by Cash App and Square growth, beating Wall Street estimates.
Honeywell Aerospace shares plunged 11% after reporting weak second-quarter results and cutting its full-year outlook due to supply chain constraints, marking a difficult start as a standalone company.
Consumer goods companies' planned price hikes could pressure inflation despite the RBI's benign outlook, with Elara Capital expecting the central bank to maintain interest rates through 2026.
Circle reported gross USDC redemptions exceeding mints by about $4 billion in Q2, while doubling its full-year other revenue outlook to $310M-$330M, driven partly by ARC Token presale revenue.
Asian technology stocks fell Thursday, tracking U.S. peers in overnight trading and highlighting global tech sector volatility. Major firms like SoftBank, SK Hynix, and Samsung saw significant declines despite analysts maintaining an optimistic outlook on AI investments.
U.S. Treasury yields held steady Wednesday as traders assessed weaker-than-expected ADP private payrolls data and comments from Federal Reserve officials regarding interest rates, alongside developments surrounding the Strait of Hormuz.
Eli Lilly reported Q2 earnings and revenue that beat estimates, driven by surging demand for weight loss drug Zepbound and diabetes treatment Mounjaro, while raising its full-year sales outlook.
U.S.-traded shares of Novo Nordisk fell 6% Tuesday after the Danish drugmaker issued updated 2026 guidance and reported second-quarter financial metrics, citing intensifying competition and lower U.S. prices.
Merck beat second-quarter revenue estimates with $16.61 billion and raised its 2026 revenue outlook, but cut profit guidance due to charges from its Terns Pharmaceuticals and Cidara Therapeutics acquisitions.
Qnity's Q2 revenue and adjusted EPS surpassed expectations, driven by strong demand for AI chips and interconnect solutions, with raised full-year guidance.
Grab reports 30% faster product shipping, 28% year-on-year increase in rides, and a 22% revenue growth to $997 million, leading to raised full-year revenue and EBITDA outlooks.
