EasyJet stock recovered more than 5% after a third-quarter trading update showed resilient passenger demand, partially offsetting investor fears from the previous day's plunge tied to a potential EU review of airline ownership rules.
The Finnish telecommunications equipment maker reported second-quarter earnings that surpassed analyst expectations and raised its full-year profit forecast, citing a surge in demand from AI and cloud infrastructure clients.
Shares in market research firm Ipsos jumped nearly 10% after the company reported a significant rebound in second-quarter organic growth, reversing a decline from the previous quarter and signaling its strategic plan is gaining traction.
Shares of the Swedish biotech firm collapsed after it announced the discontinuation of its lead cancer drug, mitazalimab, and revealed plans for an emergency capital raise to address a critical cash shortage.
The Indonesian stock market ended Thursday's session with a slight gain, as the IDX Composite Index rose 0.07%, supported by advances in the infrastructure, agriculture, and basic industry sectors.
Stora Enso's stock declined after its half-year report revealed a surprise IFRS loss, driven by significant impairments and negative asset valuations that overshadowed a year-over-year increase in adjusted operating profit.
Alphabet shares fell despite beating Q2 revenue and profit estimates, as investors focused on a massive increase in capital spending for AI and a resulting negative free cash flow.
The sportswear distributor's stock plunged for a second day after Nike announced it would terminate their online sales agreement in mainland China, a channel that accounts for over a fifth of Topsports' revenue.
Shares of the electric vehicle maker fell sharply after its second-quarter results revealed a significant profit shortfall, contracting margins, and negative free cash flow driven by a surge in spending on AI and robotics.
