Section
The latest stocks coverage from the TrustFinance editorial desk.
A surge in cyberattacks is hitting major U.S. companies, causing significant operational disruptions, with a Coca-Cola subsidiary being the latest victim. The incidents have prompted a response from the White House as corporations face growing threats from data theft and ransomware.
The chipmaker's stock fell sharply, becoming the worst performer on Milan's exchange as a worldwide rout in semiconductor names combined with technical market factors and pre-earnings caution.
Shares of Alleima AB surged after the company reported second-quarter revenue and profit that surpassed analyst expectations, driven by strong demand in its high-margin specialty segments.
Shares of Tomra Systems surged after the Norwegian recycling technology company reported second-quarter revenue and profit that significantly exceeded analyst expectations, driven by strong performance in its Collection division.
A market rotation is underway as investors shift capital from high-valuation technology stocks to defensive sectors like energy, financials, and industrials. The move comes amid fragile market sentiment, with several energy refiners posting double-digit percentage gains in July.
Shares of the financial technology firm declined despite reporting first-quarter results that surpassed analyst estimates, as investors focused on a forecast for continued pressure on its cross-border take rate.
Shares in the climate control company jumped after reporting 'exceptionally strong' Q2 order intake and announcing a strategic review of its FoodTech unit, overshadowing near-term profitability pressures.
Shares in the London-listed alternative asset manager jumped after it reported a significant rise in first-half profit and assets under management, with margins exceeding the company's own guidance.
The loyalty platform provider saw its stock climb 7.5% after forecasting a return to double-digit revenue and EBITDA growth in fiscal 2027 and reaffirming its medium-term financial targets.
