Analysis: Stocks

Infineon: AI demand drives record quarter

Earnings/Sales releases Infineon delivered record Q3 FY2026 results, with revenue exceeding €4bn for the first time in 2.5 years as AI power demand, Industrial recovery, and improving automotive...

Heineken: Premium growth with a cautious aftertaste

Earnings/Sales releases Heineken reported a solid first half, with consolidated volume returning to growth, organic operating profit growth materially ahead of expectations, and a sharp improvement in...

Fresenius: Q2 beat and guidance raise de-risk the FY26 story

Earnings/Sales releasesFresenius delivered a strong Q2, with adjusted EBIT and core EPS coming in comfortably ahead of expectations and revenue broadly in line. The beat was broad-based across both...

Ahold Delhaize: A resilient Q2: guidance looks increasingly achievable

Earnings/Sales releases Ahold Delhaize delivered a broadly in-line Q2 FY26 performance, with European profitability comfortably ahead of expectations while the US business continued to gain market...

ARC Resources Taps into Canada's LNG Growth Potential

ARC Resources is generating growth from stronger production volumes, although commodity-price fluctuations continue to influence performance.

SABIC is Caught Between Demand and Disruption

SABIC Agri-Nutrients Company faces an uphill battle as supply chain disruptions, shrinking volumes and fading pricing support choke earnings...

Perimeter Solutions, the company that benefits from every fire

You may have been following what is happening in Gironde, France . Evacuations, forests going up in smoke, and those planes skimming the treetops as they drop a long red trail. You may have wondered...

Orsted: Ørsted loses Hesselø: a setback at home, but discipline prevails

Significant news Ørsted lost the Hesselø Offshore Wind Farm tender, with Vattenfall securing both of Denmark’s revived Offshore Wind projects. While the result is a symbolic setback for Ørsted...

BP: Falling Debt Marks BP's Clearest Sign of Progress This Quarter

Significant news BP's clearest win this quarter is the balance sheet: net Debt fell 12% QoQ and gearing eased to 22.6%, real progress after a rough stretch. The Brent spike and stronger refining...

CNH: Operating beat and FY26 guidance upgrade mask a soft, trough-cycle quarter

Earnings/Sales releasesCNH reported a soft Q2, with the topline in line and a beat on EBIT and EPS. We view the beat as low-quality, driven by a corporate one-off, with segment margins falling sharply...

Deutsche Lufthansa: Heading towards another year of transition

Earnings/Sales releases Lufthansa's Q2 fell well short of expectations, as surging fuel costs and an April strike disruption overwhelmed resilient passenger demand and pricing power. Management...

BioNTech: Q2 miss, followed by a sales guidance downgrade

Earnings/Sales releasesBioNTech reported a disappointing quarter, with sales significantly below forecasts and operating losses exceeding expectations. Weaker Covid-19 sales led to a downgrade in...

Continental: Solid Q2 beat on peak tyre margin; Guidance confirmed amid ContiTech sale

Earnings/Sales releases Continental reported robust Q2 results. Tyre segment's adjusted EBIT and margin surpassed consensus and the full-year target range. ContiTech met expectations, while net...

Buzzi: H1: US cost inflation wipes out volume growth

Significant news Buzzi sold more cement in H1 2026, but earned less from it. Cement volumes rose by 5.4% and prices improved in most markets, yet recurring EBITDA fell by 9.7% to €475m. The damage...

HUGO BOSS: Earnings quality improves despite deeper top-line pressure

Earnings/Sales releases Hugo Boss delivered a mixed Q2 26, with sales below expectations but a stronger than expected improvement in gross margin and EBIT. Revenue declined 9% cFx, reflecting weak...

Prysmian: Strong 1H performance, guidance upgraded, but overvalued.

Earnings/Sales releases Prysmian reported strong Q2 results. This led to an upgrade in its guidance. The company has made numerous promises, primarily related to a shortage of Optical fiber, which in...

Zalando: Softer sneaker demand slows B2C momentum

Earnings/Sales releases Zalando's Q2 results fell slightly below consensus expectations in both revenue and profitability. The core B2C segment was impacted by reduced Sneaker demand, the lower margin...

Ams OSRAM: Core semiconductor momentum strengthens as digital photonics strategy gains traction

Earnings/Sales releasesAMS Osram delivered another strong quarter, with Q2 revenue of EUR 805 million and adjusted EBITDA at the high end of guidance. The core semiconductor business continued to...

Palantir Breaks the Bank and Brings the Faithful Back

After last night's results, so eye-popping you can hardly believe that they're real, Palantir is reclaiming its status as a cult stock, a label that had taken some hits in recent months....