The French food company's stock declined after its second-quarter results revealed weakening momentum in its high-margin specialized nutrition business in China, outweighing a better-than-expected headline sales figure.
The British luxury automaker's stock rose after it reported a 62% surge in second-quarter revenue and maintained its full-year outlook, reassuring investors despite a wider-than-expected operating loss.
South Korea's benchmark stock index plunged for a second consecutive session, as a sell-off in technology shares led by SK Hynix signals the unwinding of a heavily leveraged, AI-focused rally.
Taiwan's benchmark stock index plunged 4.65% on Wednesday to its lowest level in a month, dragged down by significant losses in the electronics and plastics sectors. The sell-off saw major tech stocks like E-Lead Electronic and King Yuan Electronics fall by over 10%.
Goldman Sachs analysts have identified leading investment opportunities in China’s data center sector, maintaining Buy ratings on GDS Holdings and VNET Group while adjusting near-term forecasts.
The Belgian chemical company reported a 7.4% organic sales decline for the second quarter, driven by lower volumes and prices. Despite the sales miss, adjusted EBITDA slightly surpassed consensus estimates, and the company maintained its full-year 2026 financial guidance.
The French luxury group reported a slight acceleration in growth with Q2 sales reaching €4.1 billion, driven by a recovery in its home market of France and steady performance in Asia.
The luxury automaker reported a 34% rise in first-half operating profit and a higher-than-expected return on sales, citing rigorous cost management and a strategic shift toward high-margin vehicles.
The global race to build AI infrastructure is fueling a surge in demand for high-value tech shipments, prompting Asian airlines to pivot away from a cooling e-commerce market and redraw their cargo networks.
