The UK-based semiconductor firm raised its full-year 2026 revenue growth guidance to over 30%, citing strong demand from AI infrastructure and wireless markets that surpassed analyst expectations.
Vår Energi announced a $1.33 billion deal to acquire BlueNord and reported second-quarter revenue that surpassed analyst expectations, sending its shares up nearly 5%. The company also raised its dividend, citing expected value creation from the transaction.
Shares of the Norwegian oil and gas producer rallied more than 5% after it announced a major acquisition, reported quarterly earnings that beat analyst estimates, and raised its dividend.
Shares in UK outsourcer Mitie Group surged after it agreed to a £3.1 billion all-cash acquisition by rival OCS Group, representing a significant premium for shareholders and continuing a trend of M&A activity in UK mid-caps.
Shares of elevator and escalator manufacturer Schindler dropped sharply after the company reported a year-over-year decline in second-quarter revenue, overshadowing improved profitability and a confirmed full-year outlook.
Shares of Hanza fell sharply after the company's second-quarter 2026 report revealed that one-time restructuring costs significantly impacted profitability, leading to a 25% drop in earnings per share.
French animal health firm Virbac saw its shares rise after posting first-half revenue that surpassed analyst expectations and confirming its full-year financial targets.
Australia's S&P/ASX 200 index finished Tuesday's session virtually unchanged, gaining just 0.02% as a strong performance from gold, mining, and IT stocks was counteracted by losses in other sectors.
Taiwan's main stock index, the Taiwan Weighted, declined 0.52% on Tuesday to close at its lowest point in a month, with losses led by the glass and plastic sectors.
