2026 Earnings

• ENGIE has raised its 2026 outlook following strong financial results for the first half of the year. • The company reported CapEx of EUR 22.9 billion, driven largely by the EUR 19 billion acquisition of UK Power Networks. • While net debt increased due to the acquisition, the company noted that overall levels remain strong enough to support its ongoing investment plan.

• Eurobank has raised its 2026 outlook following strong financial results reported for the first half of the year. • CFO Harris Kokologiannis detailed a full-year Net Interest Income (NII) guidance of €4.5 billion, comprising €2.7 billion from H1 and an expected €1.8 billion for H2. • The bank is actively expanding its bond position and indicated it may acquire up to an additional €1 billion in bonds during the remainder of the year.

• Hut 8 stock fell 6.64% to $94.42 as selling pressure intensified ahead of the company's scheduled Q2 2026 earnings release. • Analysts warn of ongoing technical weakness and heightened downside risk, identifying critical price levels at $102.56 for resistance and $77.74 for support. • The stock's performance is being influenced by recent institutional activity and developments regarding the Beacon Point AI data center.

• IBM reported its Q2 2026 earnings, characterized by modest revenue growth and a sharp decline in stock price despite non-GAAP earnings per share edging higher. • The company's software segment emerged as a positive highlight, while the infrastructure division faced headwinds and consulting revenue remained flat. • Analysts suggest the lack of a typical post-earnings rally is due to investors having already adjusted their expectations prior to the release.

• First BanCorp (NYSE:FBP) released its second-quarter 2026 financial results and hosted a corresponding earnings call on Wednesday. • The company reported a positive future outlook, maintaining loan growth guidance of 3% to 5% for the 2026 fiscal year. • Management attributed this stability to favorable economic conditions supporting business activity and a strategic focus on organic growth.

• Alphabet reported second-quarter earnings on Wednesday, beating revenue expectations despite the company's stock price declining following the announcement. • The stock dip is primarily attributed to investor concerns over a projected increase in capital expenditures (capex) heading into 2026. • This spending surge is driven by the company's aggressive investments in AI infrastructure to remain competitive in the evolving search and cloud markets.

• The Nasdaq and S&P 500 rose on July 21, 2026, driven by strong corporate earnings reports that lifted overall market sentiment. • Key corporate drivers included General Motors beating second-quarter expectations and Nvidia disclosing a strategic stake in Nebius. • Investors are balancing these gains against geopolitical instability as traders monitor new U.S. military strikes against Iran.

• Investors are focusing on a dense economic calendar for July 16, 2026, featuring the momentum of the current earnings season and upcoming US retail sales data. • Market volatility is expected as Federal Reserve officials provide commentary following the latest Producer Price Index (PPI) data to signal future monetary policy. • Geopolitical tensions are rising due to reports that Donald Trump plans to expand military actions within the Middle East.

• Nordea reported strong Q2 2026 financial results, with total income exceeding 3 billion. • The bank achieved a 14% year-on-year increase in lending growth, driven by contributions from Denmark, Norway, and Sweden. • Growth was supported by strategic investments in AI adoption, a new supply chain financing solution, and upgrades to the markets platform.

• Morgan Stanley reported record net revenues of $21.3 billion for Q2 2026, resulting in a significant 62% surge in earnings-per-share. • The firm highlighted the success of its "2.0" initiative launched 1.5 years ago, which integrates research, equity content, and foreign exchange services with partner MUFG. • Strategic growth is being driven by thriving operations in Taiwan and Korea, alongside a comprehensive investment banking and equities gateway in Hong Kong to access China.

• Alia Bhatt's latest film, *Alpha*, experienced a significant box office jump over the weekend as of July 6, 2026. • By its third day of release, *Alpha* has already surpassed the total lifetime earnings of Bhatt's previous project, *Jigra*. • This surge highlights the film's strong commercial momentum and positive audience reception during its opening window.

• The Indian stock market outlook for July 4-9, 2026, suggests a bullish trend for the Sensex and Nifty as they eye potential new highs. • Technical momentum is strengthening, highlighted by the Nifty's 21-day Exponential Moving Average (EMA) crossing above the 55-day EMA. • The Nifty has successfully breached the 23,800-24,000 resistance zone, which is now expected to serve as a critical support level.

• Micron reported record Q3 2026 revenue of $41.5B, a fourfold increase compared to the previous year, driven by the AI memory cycle. • The company secured 16 strategic "take-or-pay" agreements, locking in approximately $100B in minimum contracted revenue and $22B in upfront cash. • This structural shift in contracting aims to stabilize the volatile memory industry by ensuring guaranteed long-term demand.

• The Nasdaq and S&P 500 declined on June 24, 2026, following a volatile trading session characterized by a downturn in technology stocks. • Investors are closely monitoring the upcoming after-hours earnings report from memory-chip manufacturer Micron to gauge the current state of AI demand. • This event is critical as the market seeks clarity on whether the AI-driven growth trend remains sustainable amidst recent tech sector instability.

• Oil prices have increased following a series of missile attacks launched by Iran against Kuwait and Bahrain. • A new U.S. proposal targets 16 economies, including Canada, Mexico, the EU, Taiwan, and the UK, with 10% tariffs due to alleged failures in enforcing forced labor bans. • Additional import duties of 12.5% are proposed for several other nations, including China, Japan, India, South Korea, and Switzerland.

• Kraft Heinz reported Q1 2026 sales of $6,047 million, net income of $798 million, and basic EPS of $0.67, beating expectations. • Company completed $1.51 billion share repurchase and launched $1.10 billion tender offer for long-dated debt notes, affirming quarterly dividend of $0.40 payable June 26. • Results highlight early turnaround progress under CEO Steve Cahillane amid weak North American volumes and inflation pressures; projects $24.8 billion revenue by 2029.

• Camden Property Trust surpassed analyst expectations for Q1 2026 EPS and revenue, as detailed in its May 10 earnings call transcript. • Despite the strong financial results, the company's stock price declined following the announcement, mirroring broader REIT market pressures. • The outperformance highlights resilient demand in the multifamily housing sector amid economic uncertainties.

• HSBC released its Q1 2026 earnings call transcript showing results fell short of expectations amid challenging market conditions. • Despite the earnings miss, HSBC's stock price increased following the announcement, reflecting investor confidence in the bank's outlook. • The results highlight ongoing pressures in global banking, with potential impacts on investor sentiment toward international financial institutions listed in the US.

• A. O. Smith Corporation (NYSE:AOS) reported first-quarter 2026 earnings per share that fell short of analyst expectations on April 30, with China market headwinds cited as a key factor in the miss. • The water heater and treatment systems manufacturer faced margin pressure and demand challenges in its largest growth market, impacting overall profitability. • The earnings miss signals broader challenges for U.S. manufacturers with significant China exposure amid ongoing trade tensions and slowing regional growth.

• KeyCorp posted stronger Q1 2026 results with noninterest income up 8.2% year-over-year to $723 million, led by double-digit growth in investment banking, trust and investment services, and service charges. • The Consumer Bank earned $173 million and the Commercial Bank $451 million, both higher than prior year, while noninterest expenses rose 4.4% to $1.18 billion from increased personnel and technology spending. • Credit quality remained controlled with a provision for credit losses of $106 million, down from $118 million, and KeyCorp maintained a strong Common Equity Tier 1 capital ratio of 11.4%.

Companies are now seeking refunds on tariffs after supreme court ruled Trump’s emergency levies were illegalSign up for the Breaking News US email to get newsletter alerts in your inboxGeneral Motors is expecting a $500m tariff refund after the US supreme court struck down some of Donald Trump’s most sweeping levies.That has boosted the Detroit automaker’s outlook for 2026. On Tuesday, GM said it’s now looking to rake in $13.5bn-$15.5bn in earnings before interest and taxes this year – up from previous forecasts of $13bn-$15bn. Continue reading...

• Amazon posted stronger-than-expected Q1 2026 earnings Wednesday, with net income reaching $8.3 billion and revenue climbing 18% year-over-year to $147 billion, driven by robust AWS cloud services demand. • AWS revenue grew 22% annually to $28.4 billion, outpacing analyst expectations and demonstrating the resilience of enterprise cloud spending despite macroeconomic uncertainties. • Management raised full-year 2026 revenue guidance to $625 billion, representing 14% growth, citing continued momentum in cloud computing and advertising as key tailwinds for sustained profitability.

• Comtech Telecommunications Corp., a U.S.-based provider of satellite, NG911, and cloud-native tech, will release Q2 fiscal 2026 results after market close on March 16, 2026. • Leadership will host a conference call at 4:30 p.m. ET, with live webcast on comtech.com and dial-in options including (800) 225-9448. • Replay available through March 30 via (800) 839-1198, covering operations, trends in mission-critical communications for government and commercial clients.