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Life360 stock plunges 26% despite strong quarter and raised outlook
Stocks

Life360 stock plunges 26% despite strong quarter and raised outlook

Life360 delivered a strong Q2 and raised its 2026 subscription revenue forecast, yet the stock tumbled 26% on Tuesday. UBS argues the sellof

Marcus Devlin ·
RBC starts Leonardo coverage with outperform, €70 target
Stocks

RBC starts Leonardo coverage with outperform, €70 target

RBC Capital Markets has started covering Italy's defense giant Leonardo, putting it on its European Defense Primes list with an outperform r

Eleanor Whitfield ·
Elbit Systems slips as aerospace sales drop 8% despite record backlog
Stocks

Elbit Systems slips as aerospace sales drop 8% despite record backlog

Elbit Systems shares slipped after its aerospace unit posted an 8% year-over-year sales decline, overshadowing a solid overall quarter. Tota

Eleanor Whitfield ·
Capricorn Energy takeover clears as rival bidders drop out
Stocks

Capricorn Energy takeover clears as rival bidders drop out

Alamadiyaf al-Masiyyah and Samos Energy said they won't bid for Capricorn Energy, clearing the path for Genel Energy's $360 million takeover

Marcus Devlin ·
Berenberg lifts UCB forecasts as Bimzelx volume offsets pricing pressure
Stocks

Berenberg lifts UCB forecasts as Bimzelx volume offsets pricing pressure

Berenberg lifted its 2026 forecasts for UCB after first-half results beat expectations, expecting Bimzelx volume growth to offset pricing pr

Eleanor Whitfield ·
Boeing's July deliveries slip to 53 as Airbus leads with 67
Stocks

Boeing's July deliveries slip to 53 as Airbus leads with 67

Boeing delivered 53 jets in July, down from 64 in June, while Airbus handed over 67. The slower month still left Boeing with 30 net new orde

Marcus Devlin ·
Bumble abandons women-first messaging as paying users fall 16%
Stocks

Bumble abandons women-first messaging as paying users fall 16%

Bumble is scrapping its signature women-message-first rule and extending reply windows to 72 hours after paying users fell 16.4%. The move a

Marcus Devlin ·
eToro beats profit forecasts, buys TradeZero for up to $231M to expand in US
Stocks

eToro beats profit forecasts, buys TradeZero for up to $231M to expand in US

eToro beat second-quarter profit forecasts and announced a cash-and-stock deal worth up to $231 million to buy US-focused brokerage TradeZer

Eleanor Whitfield ·
RBC names Thales a top European defense pick on 15% growth outlook
Stocks

RBC names Thales a top European defense pick on 15% growth outlook

RBC Capital Markets has initiated coverage of Thales with an outperform rating, calling it a top pick in European defense. The bank highligh

Marcus Devlin ·
Barrick names Sebastiaan Bock to lead overseas mines ahead of North America IPO
Stocks

Barrick names Sebastiaan Bock to lead overseas mines ahead of North America IPO

Barrick Gold has appointed Sebastiaan Bock to lead its overseas mining operations as it prepares to spin off its North American assets throu

Marcus Devlin ·
Chip Stocks Rise Premarket While Rocket Lab Slips on Earnings
Stocks

Chip Stocks Rise Premarket While Rocket Lab Slips on Earnings

Nvidia and Micron edged higher in premarket trading Tuesday, while Rocket Lab dropped after its quarterly loss narrowed less than expected.

Eleanor Whitfield ·
Shein's Hong Kong IPO targets $30-40B, far below peak
Stocks

Shein's Hong Kong IPO targets $30-40B, far below peak

Shein is seeking a $30-40 billion valuation in its Hong Kong IPO, a steep drop from its $98.2 billion private-market peak. The fast-fashion

Marcus Devlin ·