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Computacenter Lifts 2026 Profit Guidance to £380M on AI-Driven Backlog
Computacenter raised its 2026 profit outlook to at least £380M, driven by a £9.3B AI-related backlog. H1 profit surged 87%, but investors eye cash conversion.
Intel's 10% CPU Price Hike: A Delicate Balance for Revenue
Intel's reported plan to raise CPU prices by 10% in October could sustain revenue if unit volume falls less than 9.1%. The move faces competitive pressure from AMD.
Gold Rebounds Above $4,430 as Dollar Slips, But Fed Rate Hike Odds Cap Gains
Gold rebounds to $4,429.89 as the dollar slips, but Fed rate hike odds near 60% and narrow trading range suggest the move is currency-driven, not a safe-haven shift.
Dunelm's Growth Plan: Flat FY27 Profit, £100M Reinvestment
Dunelm expects flat FY27 profit as it reinvests £100M in cost savings and boosts capex. Sales rose 3.1% in FY26.
IREN's AI Cloud: $4B ARR Target, Only 25% Live
IREN's $4B AI cloud ARR is only 25% operational, leaving a wide gap between contracted and live capacity. The stock's valuation hinges on execution.
KOSPI Breaches 7,000 Again, but Pullback Clouds Breakout
KOSPI reclaims 7,000, but a sharp retreat from highs tests the breakout. Samsung and SK hynix lead, yet breadth stays negative.
Avalon Technologies Slips After Record Rally; Nomura's Target Faces Scrutiny
Avalon Technologies shares eased 1.1% on Tuesday after a record-setting rally. Nomura's bullish target assumes robust JV returns, but key financial details remain undisclosed.
Li Auto Drops 2.1% as China's New Supplier Payment Rules Tighten Working Capital
Li Auto's Hong Kong shares fell 2.1% after China tightened supplier payment rules, spotlighting its RMB 38.8 billion payables. The EV maker's cash position remains robust.
ABS-CBN Halted After ₱6B Rights Issue Triggers 183% Share Dilution
ABS-CBN's ₱6B recapitalization will issue 1.64B new shares at ₱3.65, diluting existing shareholders by 64.6%. Trading halted pending disclosure.
PhilWeb Trading Halted as JKS Deal Raises Balance Sheet Concerns
PhilWeb shares suspended after ₱4.23B JKS investment triggers PSE substantial acquisition rules. Pro forma details awaited.
Braze Faces $4.3M Revenue Bar as Wall Street Expects More Than Guidance
Braze heads into earnings with Wall Street expecting $224.27M revenue, $4.3M above guidance. Growth, retention, and cash flow are in focus.