Apps

Revolut Hits $115B Valuation in Secondary Sale

Revolut’s secondary share sale values the London fintech at about $115 billion, with shares priced at $2,017 and the valuation more than 50% higher than last year, cementing its status as Europe’s most valuable startup. The move follows a full UK banking license, rapid user growth to over 70 million, and continued investor confidence across multiple markets.

9 sources

EU plans review of airline ownership, risks EasyJet bids

The EU is preparing a review of airline ownership rules to ensure majority EU ownership and effective control, potentially complicating easyJet’s takeover bids by Apollo and Castlelake. The move has sparked share swings and could force private-equity deals to be restructured to satisfy regulatory control tests, as illustrated by past and ongoing implications for carriers like Ryanair and easyJet.

9 sources

OpenAI plans $20B data center near Savannah, Georgia

OpenAI plans a roughly $20 billion data center campus in Effingham County, Georgia, powered by 3.2 gigawatts from Georgia Power and delivered in phases from 2028 to 2032, with total costs potentially exceeding $30 billion as the company seeks financing partners. The project includes a 50% property tax abatement for 15 years, up to 1 GW of flexible demand response, an $80 million community fund, and about 400 long-term jobs, but has drawn concerns over public input and environmental impacts.

11 sources

Photo: Daniel Åhs Karlsson / Wikimedia Commons (CC BY-SA 3.0)

Otis Q2 Revenue Beat, Lowers Full-Year Outlook

Otis Worldwide posted a solid Q2 2026 with revenue near $3.86 billion and non-GAAP EPS of $1.01, led by strong service growth even as new equipment remains soft. Management updated its full-year outlook with guidance varying by report, reflecting a mix of optimism on sales and caution on earnings momentum.

13 sources

Photo: Nuttyprofessor2016 / Wikimedia Commons (CC BY-SA 4.0)

HFCL Q1 FY27: record profit, revenue surge

HFCL logged a record Q1 FY27 with revenue of about ₹1,915 crore and net profit of ₹246 crore, driven by AI-led data-centre demand, exports, and strong EBITDA margins of 23.25%. The company also approved a ₹215 crore facility to manufacture advanced data-centre connectivity products, lifted FY27 revenue growth guidance to 40%, and reported a multi-thousand crore order book and expanding optical fibre capacity.

8 sources

Sirius Real Estate Completes Fulda Defence Park Purchase

Sirius Real Estate completed the €49.8 million acquisition of a fully let light-industrial business park in Fulda, Germany, encompassing 57,771 sqm of lettable space on a 112,867 sqm site, with annual rent around €3.93 million and an EPRA NIY of 7.8%. The production-led asset is anchored by a major ballistic protection equipment manufacturer and is supported long-term by defence and security programmes, aligning with Sirius's strategy to invest in well-located industrial parks with government-backed demand.

7 sources

Boliden Shares Fall as Banks Cut Targets

Market watchers from BNP Paribas, Goldman Sachs, JP Morgan, and Barclays have issued downgrades or mixed guidance on Boliden, each referencing a composite rating framework that blends returns, profitability, financial reporting, and financial health. The reports present a range of target prices in kronor and reiterate different stance levels, reflecting a nuanced investor view on Boliden's risk and reward.

7 sources

Photo: Gerhard H Wrodnigg / Wikimedia Commons (CC BY-SA 2.5)

ACCC files against Dusk over non-compliant button batteries

The ACCC has filed Federal Court proceedings against Dusk Australasia for supplying 66,453 button-battery products across 29 lines between May 2023 and December 2024 that did not meet mandatory safety and information standards, with 25 lines not tested before sale and four lacking required warnings; Dusk had previously breached a court-enforceable undertaking and paid penalties. The regulator emphasizes that such testing gaps pose serious safety risks to children and that compliance with the standards remains a priority for enforcement.

7 sources

Photo: Ryan Albrey / Wikimedia Commons (CC BY 2.0)

Lynas posts record Q2 revenue, expands heavy REE

Lynas Rare Earths posted a record quarterly revenue of A$288.9 million for June 2026, up 70% year-on-year, as the company ramped its Mt Weld expansion and resolved bottlenecks at Kalgoorlie, with 3,481 tonnes of rare earth oxides produced. The market backdrop reflects a structural shift to geopolitically anchored pricing and supply diversification away from China, supported by heavy rare earths growth, new partnerships, and policy moves such as the G7 target to limit dependence on a single supplier.

6 sources

Photo: GV3 / Wikimedia Commons (Public domain)

Paladin guides 5.1–5.6 mn lb Langer Heinrich FY2027

Paladin Energy guides FY2027 production from the Langer Heinrich Mine at 5.1–5.6 million pounds of U3O8, with costs of US$44–48 per pound, following the successful ramp-up completed in the June 2026 quarter and noting quarterly variability due to planned maintenance. The company expects higher output in the second half as higher-grade ore feeds the plant, while continuing process improvements and advancing the Patterson Lake South project, with ongoing use of uranium loan facilities for flexibility.

6 sources

Amaero Wins US DoW Contract for Refractory Powders

Amaero Inc. has won a A$6.5–6.51 million U.S. Department of War development contract to create alternative high-temperature refractory alloy powders, notably alternatives to Niobium C103, with a 13-month timeline through August 2027 and milestone-based monthly payments that will recognize most revenue in late 2026 and early 2027. The award underscores Amaero’s role in strengthening U.S. defence supply chains, validates its gas atomization capabilities, and follows a record revenue quarter and growing backlog that signal expanding demand for its titanium and refractory powders and PM-HIP manufacturing services.

7 sources

Photo: 4300streetcar / Wikimedia Commons (CC BY 4.0)

Alaska Air Posts Q2 Loss, Downgrades Q3 View

Alaska Air posted a second-quarter loss and forecast third-quarter earnings near or below Wall Street expectations as jet fuel costs stay high amid renewed Iran-related tensions, pressuring margins. The airline is diversifying fuel sourcing and raising fares to offset costs, with Q3 guidance ranging from break-even to about $1 a share and continued attention on fuel-driven earnings pressure.

14 sources

Photo: Wolfgang Fricke / Wikimedia Commons (CC BY 3.0)

US Warns Over Houthi Red Sea Blockade

President Donald Trump said the United States would “take care of it” if Yemen’s Houthis move to block Red Sea shipping, noting past actions against the group and indicating Washington would respond if the threat materializes. The comments come as the Houthis threaten to disrupt one of the world’s key trade routes amid broader U.S.-Iran tensions and regional clashes over Saudi ports and airports.

20 sources

Apple Launches Klarna-backed Upgrade Leasing

Apple is launching the Apple Upgrade device-leasing program, backed by Klarna, set to debut in the U.S. on July 28 with 24-month leases for iPhone and Apple Watch and 36-month leases for Mac and iPad, allowing early upgrades, payoff, or returns as it phases out the current iPhone Upgrade Program. The move, aimed at expanding financing options and customer access to the latest devices, accompanies exclusions such as AppleCare and some devices, and signals Klarna’s growing role in Apple’s device-financing strategy.

23 sources

Photo: Ocado Group plc / Wikimedia Commons (Public domain)

Ocado to build large European automated CFC

Ocado announced a large, highly automated Customer Fulfilment Centre for a fast-growing European national retailer, using its Re:Imagined technology like 600s bots and an automated freezer, with go-live slated for FY28 and initial operations at just over half capacity. The deal, part of ongoing expansion alongside its Asda agreement, is not expected to have a material impact on FY26 and Ocado remains focused on achieving cash-flow positive performance in the near term.

9 sources

Photo: 88 Air Base Wing Public Affairs / Wikimedia Commons (Public domain)

Kratos Wins $156M Mobile C-UAS Contract

Kratos Defense & Security Solutions won a roughly $156 million sole-source IDIQ contract from the U.S. Department of Energy's National Nuclear Security Administration to deliver mobile Counter-Unmanned Aircraft System platforms for Project Solar Shield, with work starting immediately. Insider activity shows $8.8 million in shares sold over the last three months, and the stock trades at an extremely high P/E around 270x, signaling strong growth expectations but potential valuation concerns.

7 sources

Photo: David P Howard / Wikimedia Commons (CC BY-SA 2.0)

Cadrenal Launches Cardiac Acute Care Franchise, Seeks Partners

Cadrenal Therapeutics has reorganized its clinical portfolio into a Cardiac Acute Critical Care Franchise and is launching a structured process to secure strategic out-licensing, portfolio monetization, or commercial co-development partnerships for its late-stage assets, including CAD-1005, frunexian, and tecarfarin. The move aims to maximize asset value through a partnership-driven model, supported by Phase 2 data showing more than a 25% reduction in thrombotic events and by orphan drug designations, with exploration of expanded indications such as Kawasaki disease in pediatrics and broader cardiorenal applications.

5 sources

Jerash Board Nominates Ng Chairman, Choi Remains CEO

Jerash Holdings’ board nominated co-founder Tsze Lun Ng (Ringo Ng) to become Chairman if elected at the 2026 Annual Meeting, while Sam Choi will remain CEO and will not stand for re-election to the Board. The leadership transition is presented as a move to strengthen governance and focus on long-term growth.

5 sources

Photo: Americasroof (talk) / Wikimedia Commons (CC BY-SA 3.0)

Marsh & McLennan Q2 Revenue Up 6%

Marsh & McLennan reported Q2 2026 revenue of $7.4 billion, up 6%, with adjusted EPS of $2.96 (up 9%) as CEO John Doyle cited strong demand across risk, people, strategy and investments. The six‑month results showed revenue of $15.0 billion and adjusted EPS of $6.25, with Risk & Insurance Services posting $4.8 billion in quarterly revenue and consulting up 10%, while the company also expanded shareholder value via a 4.5 million share repurchase and a 10% dividend hike.

10 sources

Photo: ajay_suresh / Wikimedia Commons (CC BY 4.0)

Danaher Q2 Profit, Revenue Up on Life Sciences

Danaher posted strong Q2 2026 results with net income of $870 million and revenue around $6.265–$6.3 billion, as adjusted earnings per share reached $1.94 on 5.5% revenue growth, led by Life Sciences. The company raised full-year guidance, signaling mid-single-digit core revenue growth and higher EPS targets, aided by acquisitions like Masimo and planned StatLab integration.

18 sources

Global SThree H1 Profit Drop, Guidance Maintained

SThree reported for the six months to 31 May 2026 that revenue fell to about £598.8m and pretax profit tumbled 75% to £2.7m, with non-recurring costs from a cost-optimization program weighing on earnings, though cash and a share buyback reduced net debt slightly and momentum improved in the US and Japan. Despite a mixed market, the group reiterated guidance for FY26 pretax profit around £10m, citing ongoing strategic simplifications, a cloud-based platform, and resilience in its contract business amid weaker hiring in parts of Europe.

6 sources

Photo: GuavaTrain / Wikimedia Commons (CC0)

ADNOC Approves $6.2B Umm Shaif Gas Project

ADNOC has taken a final investment decision worth about $6.2 billion to develop the Umm Shaif gas cap in Abu Dhabi with TotalEnergies, Eni and CNPC, aiming to unlock more than 600 million standard cubic feet per day by 2030 and strengthen the UAE’s gas supply and LNG capabilities. The investment reflects the UAE’s push to boost domestic gas output and energy security amid rising global demand and regional tensions, with related developments like the Bab gas cap expanding output and LNG capacity.

22 sources

CM.com reports 14% revenue, 55% EBITDA growth

CM.com posted stronger first half 2026 results, with Q2 revenue up around 14% year-on-year and EBITDA up 55%, alongside record messaging volumes and growth in ARR driven by HALO and the new Customer Context Platform. MedCap AB reported robust Q2 2026 growth, with net sales up 16% and EBITA up 38% (adjusted EBITA up 28%), supported by acquisitions such as Biopsafe and continued margin improvement in all segments.

7 sources

Photo: Ken Lund from Reno, Nevada, USA / Wikimedia Commons (CC BY-SA 2.0)

Wintrust Q2 Profit Rises to $225M

Wintrust Financial posted solid Q2 results with $225.3 million in net income and $3.30 per share on revenue of about $961 million, a year-over-year rise driven by loan and deposit growth. The bank also reported record first-half net income for 2026, driven by strong net interest income and ongoing balance-sheet expansion, and beat consensus estimates for quarterly earnings per share.

15 sources

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Recently covered

Revolut Hits $115B Valuation in Secondary Sale

EU plans review of airline ownership, risks EasyJet bids

OpenAI plans $20B data center near Savannah, Georgia

Otis Q2 Revenue Beat, Lowers Full-Year Outlook

HFCL Q1 FY27: record profit, revenue surge

Sirius Real Estate Completes Fulda Defence Park Purchase

Boliden Shares Fall as Banks Cut Targets

ACCC files against Dusk over non-compliant button batteries

Lynas posts record Q2 revenue, expands heavy REE

Paladin guides 5.1–5.6 mn lb Langer Heinrich FY2027

Amaero Wins US DoW Contract for Refractory Powders

Alaska Air Posts Q2 Loss, Downgrades Q3 View

US Warns Over Houthi Red Sea Blockade

Apple Launches Klarna-backed Upgrade Leasing

Ocado to build large European automated CFC

Kratos Wins $156M Mobile C-UAS Contract

Cadrenal Launches Cardiac Acute Care Franchise, Seeks Partners

Jerash Board Nominates Ng Chairman, Choi Remains CEO

Marsh & McLennan Q2 Revenue Up 6%

Danaher Q2 Profit, Revenue Up on Life Sciences

Global SThree H1 Profit Drop, Guidance Maintained

ADNOC Approves $6.2B Umm Shaif Gas Project

CM.com reports 14% revenue, 55% EBITDA growth

Wintrust Q2 Profit Rises to $225M