The German lubricant manufacturer reported a 21.5% rise in Q2 sales and a 33.7% increase in EBIT, but confirmed guidance that implies a significant slowdown in the second half of the year due to rising costs and the reversal of pre-buying effects.
Bank of America designated Datadog as its leading software stock choice before its upcoming Q2 earnings, citing robust demand signals and expanding opportunities in artificial intelligence.
GKN Aerospace owner Melrose Industries has halted its £175 million share buyback and forecast a significant cost impact for the second half of the year following an operational incident at a U.S. facility.
The pan-European STOXX 600 is on track for its fourth consecutive monthly gain, lifted by a rebound in technology stocks amid renewed optimism in artificial intelligence. Investors now await key Eurozone inflation data for clues on central bank policy.
Shares of the British lender surged after it reported a 20% rise in first-half operating profit, exceeding analyst forecasts, and announced it would bring forward its next share buyback program.
Europe's benchmark STOXX 600 index climbed to a new all-time high on Friday, propelled by a significant rally in technology shares amid renewed investor enthusiasm for the AI sector. The gains place the index on track for its fourth consecutive month of advances.
The energy giant has initiated a formal sale process for its long-held North Sea oil and gas assets as new CEO Meg O’Neill accelerates a corporate restructuring aimed at cutting debt and simplifying operations.
The Renewables Infrastructure Group reported its net asset value per share fell to 101.1p in the second quarter, driven by reduced revenue forecasts and operational headwinds.
London's blue-chip index advanced on Friday, joining a global equity rally after strong results from Amazon boosted technology shares. Corporate updates from NatWest, BP, and Shell also influenced trading.
