HSBC Valuation Under Scrutiny as Credit-Loss Rate Declines
Earnings James Calloway

HSBC Valuation Under Scrutiny as Credit-Loss Rate Declines

HSBC shares edge down 0.04% as analysts forecast a 17% quarterly decline in credit losses, but a 20% higher P/E than Standard Chartered fuels valuation debate.

HSBC
Shell Gains Only 41% of Brent Rally as Gulf Risks Cap Gains
Markets Daniel Marsh

Shell Gains Only 41% of Brent Rally as Gulf Risks Cap Gains

Shell shares gained 6.5% last week, but that was only 41% of Brent's 15.9% climb. Gulf region exposure and cash conversion challenges are in focus ahead of Q2 results.

SHEL BP EQNR ARX
Unilever Shares Dip as Investors Eye Volume-Driven Sales Growth Ahead of Earnings
Earnings James Calloway

Unilever Shares Dip as Investors Eye Volume-Driven Sales Growth Ahead of Earnings

Unilever shares declined 1.4% as analysts predict Q2 underlying sales growth of 4.3%, with volumes contributing 2.5 percentage points. H1 EPS growth expected at just 1.6%.

UL MKC
Rio Tinto Drops 1% on Steep H2 Shipment Target Despite Strong Q2
Commodities Rebecca Torres

Rio Tinto Drops 1% on Steep H2 Shipment Target Despite Strong Q2

Rio Tinto shares fell 1.0% despite a solid Q2 iron ore beat, as the midpoint of full-year guidance implies a 172.8 million-tonne H2 sales target.

RIO AAL USO GLD SLV
BP Shares Rise as Debt Reduction Outpaces Production Decline
Earnings James Calloway

BP Shares Rise as Debt Reduction Outpaces Production Decline

BP shares rose as debt reduction outpaced output decline in Q2 preliminary results. Net debt fell 11.1% while production dropped 6.2%.

BP SHEL COP USO
Diploma Lifts Profit Forecast 7% on Margin Expansion
Earnings James Calloway

Diploma Lifts Profit Forecast 7% on Margin Expansion

Diploma PLC boosted its profit forecast by 7%, with margin expansion accounting for roughly 78% of the projected increase. Shares have risen 7.1% since the update.

SF
Oil Surge and Inflation Jitters Test AI Stocks Ahead of Key Earnings
Markets Daniel Marsh

Oil Surge and Inflation Jitters Test AI Stocks Ahead of Key Earnings

Brent crude climbed to $90.87, widening the divergence with semiconductor stocks and raising inflation risks ahead of key tech earnings from GOOGL, TSLA, and INTC.

GOOGL TSLA INTC AMD USO GLD TLT XLK XLE
CXL Memory Battle Opens New AI Growth Path, Revenue Timelines Uncertain
Technology Sarah Chen

CXL Memory Battle Opens New AI Growth Path, Revenue Timelines Uncertain

Samsung and SK hynix shares dropped over 4% amid CXL memory updates that hint at AI growth, though commercial deployment remains behind schedule.

GS GOOGL INTC
TSMC's $265 Billion Arizona Bet Strains Cash Flow as Q2 Capex Surges 41%
Earnings James Calloway

TSMC's $265 Billion Arizona Bet Strains Cash Flow as Q2 Capex Surges 41%

TSMC's Q2 free cash flow dropped 17.5% despite record profit, as capex surged 41.4% for its massive Arizona buildout. Revenue forecast raised above 40% for 2026.

TSM GOOGL INTC
BlackRock's IBIT Leads Bitcoin ETF Recovery Amid Broad Outflows
Crypto Sarah Chen

BlackRock's IBIT Leads Bitcoin ETF Recovery Amid Broad Outflows

BlackRock's IBIT led the Bitcoin ETF rebound with $496 million in inflows over two weeks, while other funds combined for $223.1 million in outflows, resulting in a net $272.9 million gain.

BLK IBIT FBTC
Aviva's 6% Yield and Strategic Growth Drive UK Market Focus
Markets Daniel Marsh

Aviva's 6% Yield and Strategic Growth Drive UK Market Focus

Aviva offers a 6% dividend yield with rising payouts, while Middle East tensions boost energy stocks and gold prices. U.S. futures edge up ahead of tech earnings.

AZN COOK GLD SLV USO XLE FXI
EOS Shares Recover, Still Lag Below May Placement Price
Markets Daniel Marsh

EOS Shares Recover, Still Lag Below May Placement Price

EOS shares edged up 1.6% to A$7.14, still 10.8% under the A$8 May placement price. A A$726M backlog, about 46% of market cap, provides support but profit conversion remains uncertain.