Investment firm Bernstein has identified DSV, Kuehne+Nagel, DHL, and Maersk as key stocks to watch this earnings season, citing support from Middle East disruptions and strong container demand. Two of the firms have already raised their full-year guidance.
European markets held steady as a strong, AI-fueled earnings report from semiconductor giant ASML was counteracted by a tech sector sell-off sparked by a significant revenue warning from IBM.
London's blue-chip index retreated as escalating military conflict in the Middle East pushed oil prices higher, while disappointing Q2 GDP figures from China weighed on the heavyweight mining sector.
Japan's benchmark Nikkei 225 index closed up 1.49% on Wednesday, driven by broad-based gains in sectors including real estate and banking. The advance was accompanied by a significant drop in market volatility.
The Dutch semiconductor equipment giant raised its full-year sales and margin guidance for the second time in 2026, citing an accelerating AI infrastructure buildout that is boosting demand for its advanced lithography systems.
The mining company's stock slid after it reported a 9.5% drop in first-half copper production and raised its full-year cost forecast, raising investor concerns about its ability to meet annual targets.
European markets traded cautiously on Wednesday, as a strong outlook from chip equipment maker ASML that boosted technology shares was offset by investor concerns over rising geopolitical risks and oil prices.
The Dutch semiconductor equipment giant significantly raised its 2026 sales and margin guidance after a strong second quarter, citing relentless investment in AI infrastructure and sending its shares sharply higher.
Shares of the French semiconductor materials supplier climbed after industry bellwether ASML raised its annual sales forecast, boosting sentiment across the sector. The stock's advance was also supported by technical factors and a favorable macroeconomic backdrop.
