North America:

  • Wells Fargo reports a 12% increase in net income for Q2, driven by lower bad loan provisions and the removal of an asset cap, but projects flat net interest income for 2025.
  • Apple invests $500 million in MP Materials to localize its mineral supply chain amid a declining smartphone market in China.
  • Nvidia resumes sales of H20 AI chips to China after securing US approval and plans to introduce a new compliant model.
  • Google signs a $3 billion deal with Brookfield Asset Management for 3 gigawatts of US hydropower and plans a $25 billion investment in data centers in Pennsylvania and neighboring states.
  • Tesla launches its first showroom in India with the Model Y priced at around $70,000, signaling strategic market expansion.
  • JPMorgan Chase reports a 14% drop in Q2 earnings per share, with CEO Jamie Dimon emphasizing Federal Reserve independence.
  • BlackRock reports a rise in Q2 profits and record assets of $12.53 trillion, driven by high U.S. stock prices and client inflows.
  • Starbucks increases office attendance requirements for corporate workers to a minimum of four days per week.
  • Brookfield Asset Management partners with Google in a $3 billion deal for 3 gigawatts of US hydropower.

Europe:

  • Meta aggressively invests in AI and faces a lawsuit over privacy issues.
  • Ericsson exceeds Q2 2025 financial expectations with a rise in adjusted EBITA and operating profit, projecting optimism for the North American market.
  • Rio Tinto appoints Simon Trott as its new CEO, effective August 25.
  • Peab AB CFO Niclas Winkvist purchases 10,000 company shares following a Q2 report showing increased operating profit.
  • NatWest Group sells its remaining stake in Permanent TSB for $147 million, fully exiting its position in the Irish bank.
  • Afry CFO purchases 2,000 company stocks, acquires Reta Engenharia, and maintains a robust order book despite disappointing Q2 2025 performance.
  • Ependion reports stable profits in Q2 2025 with a net result of 561 million kronor, securing an order worth 558 million kronor.

Rest of the world:

  • Nissan Motor Co Ltd plans to cease production at its Oppama plant in Japan by the end of FY2027/28, transferring operations to Nissan Motor Kyushu.
  • HDFC Life Insurance reports a 14% year-on-year increase in quarterly profit, with a Q1 profit of 5.46 billion rupees and a VNB margin of 25.1%.