Kepler Cheuvreux upgraded Italian utility Iren to “buy” from “hold” and raised its price target to €3.00, citing the stock's recent weakness, cheap multiples, and a resilient earnings outlook.
The tobacco giant surpassed second-quarter profit and revenue estimates, driven by its smoke-free products, but its shares declined after it provided a third-quarter earnings outlook that fell short of analyst expectations.
Shares of the Swiss electronics firm jumped over 12% after its H1 2026 report revealed a record order intake that beat expectations and a pivotal return to organic revenue growth in the second quarter.
Adtran Holdings cut its second-quarter financial outlook, citing a significant customer project delay and rising costs, which sent its stock tumbling in Wednesday trading.
The energy company raised its full-year revenue and free cash flow guidance, citing a near-doubling of second-quarter orders driven by strong demand for power from data centers and electrification.
Shares of Dyne Therapeutics declined sharply after the company announced the pricing of its upsized public stock offering at $20.50 per share, a 14% discount to the previous day's close.
The second-quarter earnings season for semiconductor companies is set to begin, with investors closely watching whether sky-high valuations and massive year-to-date gains can be justified by financial results and forward guidance.
Alphabet's upcoming earnings report is a key catalyst for the technology sector, with the results expected to cause significant price moves for peers like Microsoft, Amazon, and Meta amid scrutiny of cloud and AI spending.
AI server maker Super Micro Computer saw its shares jump in premarket trading after a preliminary report signaled higher profitability, while Reddit and GE Vernova shares fell on separate news.
