The market for insurance-linked securities saw a record $17.6 billion in new issuance in H1 2026, driven by strong investor demand and a quiet catastrophe season, according to a new report from Swiss Re.
The mining giant reported adjusted earnings of $0.74 per share, beating analyst expectations, as a 41.5% year-over-year jump in realized copper prices compensated for lower output from its key Grasberg mine in Indonesia.
Tesla reported a significant Q2 earnings miss and declining automotive margins, causing its stock to fall. The results highlight a growing disconnect between the company's slowing core business and its sky-high valuation, which is predicated on future AI and robotics ventures.
The diagnostics company's shares jumped after it reported second-quarter results that topped Wall Street forecasts and lifted its full-year 2026 guidance, bucking a broader market downturn.
Shares of West Pharmaceutical Services surged after the company reported second-quarter results that surpassed analyst expectations and raised its full-year profit forecast, citing strong demand for its injectable drug components.
The French banking giant announced a new strategic push for efficiency, aiming to lower its cost-income ratio to approximately 50% over time through cost-cutting, AI integration, and organizational simplification.
Morgan Stanley analysts believe Microsoft's stock offers a compelling risk/reward profile, setting a $600 price target ahead of its Q4 earnings report. The bank points to strong momentum in Azure growth and accelerating Copilot monetization as key drivers for the tech giant.
Shares of the boat and yacht retailer gained after its fiscal third-quarter results showed a return to profitability and moderating sales declines, leading investors to look past misses on revenue and earnings per share.
Saudi Arabia's benchmark stock index, the Tadawul All Share, closed slightly higher on Thursday, buoyed by gains in industrial and energy stocks amid a significant surge in global crude oil prices.
