
Volkswagen cuts 2026 outlook to 1 percent margin after 6 billion euro Porsche hit
Volkswagen now guides to an operating margin of no more than 1 percent in 2026 after a 6 billion euro Porsche writedown and 10 billion euros of special items.
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21 articles

Volkswagen now guides to an operating margin of no more than 1 percent in 2026 after a 6 billion euro Porsche writedown and 10 billion euros of special items.

Oracle posted record Q1 FY27 revenue of $19.3 billion, a 30% year-on-year increase powered by triple-digit cloud infrastructure growth and a backlog that swelled to $664 billion.

The $899.99 PS5 Pro vanished from US stores after GTA 6's Netflix preview: resale up to $1,500 while Sony earns nothing. The driver is memory inflation.

John Ternus is Apple's new CEO as of September 1; Tim Cook stays as executive chairman. A $4.6 trillion company, second only to Nvidia, with the AI race still open.

Dell beats Q2 FY27 estimates: revenue hits $47B, AI backlog surges to $95B, full-year guidance raised to $192B.

Record revenue above $96 billion and a strong outlook: Nvidia confirms AI demand still outstripping supply, with margins the only weak spot.

The stock fell another 2.9% to close a seventh straight losing session, its worst streak since 2022, as investors brace for quarterly results due Wednesday.

MPS approves two voluntary OPS worth 34 billion euros on BPM and Generali, challenging Intesa's 30.6 billion euro bid.

Alibaba's Q1 FY2027 profit fell 75% to 10.5 billion yuan; AI capex jumped 75% to about $10 billion, as revenue rose 9% and AI cloud revenue gained 45%.

Walmart Q2 results top estimates on revenue and EPS, but U.S. comparable sales grow just 2.6% — the slowest pace in six years — sending shares down about 9%.

Tencent reported Q2 2026 revenue of 204.8 billion yuan, up 11% year over year, but IFRS net profit rose just 0.7% to 56 billion yuan, below the 61.8 billion yuan consensus, as AI capex jumped 65.5% quarter on quarter to 52.8 billion yuan.

Adyen raised its 2026 net revenue growth guidance to 21-23 percent from 20-22 percent after a first half slightly above expectations; shares jumped 11 percent, the best STOXX 600 performer.

Cisco beat the high end of its Q4 guidance on revenue, operating margin and EPS and guided fiscal 2027 revenue above consensus — but CSCO shares tumbled about 9 percent Thursday in a sell-the-news move.

Intel announced a $15 billion underwritten public offering of common stock on Monday to fund capacity expansion and AI growth, with a 30-day greenshoe option that could lift the total to $17.25 billion. Shares fell more than 3 percent on dilution concerns.

Palantir Technologies reports Q2 2026 results: revenue $1.94B (+93% YoY), U.S. commercial +149% to $764M, full-year guidance raised to ~$8.15B, stock +10%.

TSMC reported record monthly revenue of $14.5 billion for July 2026, up 44.7% year on year, and raised its full-year growth outlook above 40% on surging AI chip demand.

Berkshire Hathaway's Q2 report shows the first effects of Greg Abel's management: cash down to $365.5 billion from nearly $400 billion at the end of March, a $10 billion investment in Alphabet, about $4.5 billion in buybacks and net profit more than doubled to $25.667 billion.

Q2 2026 earnings: record 29.2% beat above estimates (5-year average 7.0%), net margin at 16.9%, an all-time high. Alphabet ($98B unrealized gains) and Amazon ($53.4B on Anthropic) drive the surge; strip them out and the beat is still 10.9%.

Monte dei Paschi di Siena closed the first half of 2026 with a net profit above 1.1 billion euros, up 25.3 percent year on year, and a Cet1 ratio at 16.3 percent, while the board reaffirmed its rejection of Intesa Sanpaolo's 30.6 billion euro exchange offer.

Stellantis returns to profit with €293M net income but 1.8% adjusted margin sinks stock 8%. Revenue €43.5B (+13%) on higher volumes, yet margins trail GM and Ford far behind.
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