Shares of Spanish airport operator Aena fell after the company reported second-quarter core earnings that slightly trailed consensus forecasts and offered a cautious outlook on traffic growth.
The Swedish appliance maker's shares soared after it reported a second-quarter adjusted operating profit that nearly doubled analyst expectations, driven by aggressive cost-cutting and one-off gains.
Shares in the Swiss banking giant climbed after it reported second-quarter net profit of $2.8 billion, handily beating analyst estimates, and announced a new share repurchase program.
Shares of Spanish grid operator Redeia fell after the company reported first-half results that met expectations but failed to impress investors. The company reaffirmed its full-year guidance, citing stable underlying performance.
The Italian luxury carmaker reported a drop in first-half operating profit to €395 million, with margins shrinking despite record revenue, citing U.S. tariffs and market instability.
Shares of Kering jumped over 12% after its Gucci brand showed signs of improvement, while Hermès fell nearly 9% as its growth outlook failed to impress investors, creating a split performance for French luxury giants.
PayPal shares are pulling back from post-earnings highs as investors weigh a decline in adjusted net income and soft transaction margin growth against the company's headline Q2 beat. Uncertainty over a potential takeover and broader market weakness are also contributing to the decline.
Unilever has committed to protecting employment terms for its European and British food business workers for two years following the planned $65 billion merger of the unit with McCormick, a memo shows.
Taiwan-based chipmaker United Microelectronics Corp. is increasing its 2026 capital expenditure to $2 billion to expand its facilities in Singapore and Taiwan, aiming to meet rising demand for mature-node chips driven by AI applications.
