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Business news — August 1, 2026 - Page 10

Business publications published on August 1, 2026 (UTC). This is a fixed calendar-day archive. Page 10 of 12.

279 publications

  3. BusinessTradeEquitiesRatings

    Ferrari Raises 2026 Guidance After Q2 Earnings Beat

    Ferrari has increased its 2026 guidance following a strong second quarter that surpassed Wall Street's expectations. The Italian sports car manufacturer reported adjusted earnings per share of €2.62 and revenue of €1.94 billion, driven by healthy demand for its products and the success of models like the €3.6m limited-edition F80 supercar. As a result, Ferrari has raised its full-year forecast.
    10 sourcesSee all sources
  4. BusinessTradeBankingRatings

    Meta to Monetize AI as 'Business in a Box', Prioritizes Intelligence Over Compute Sales

    Meta CEO Mark Zuckerberg announced the company's plan to monetize its AI products as a 'business in a box' service, combining subscriptions and volume-based pricing. He emphasized the higher margins in selling intelligence over direct compute sales, comparing it to Meta's ad systems. However, Zuckerberg noted that selling compute is also an opportunity and that Meta will balance short-term profits with long-term AI development.
    7 sourcesSee all sources
  5. BusinessBudget

    Bank of England Holds Interest Rates at 3.75%

    The Bank of England's Monetary Policy Committee voted 6-3 to keep the key interest rate unchanged at 3.75%. The decision was influenced by global uncertainties and domestic inflation outlook. While three members supported a rate hike due to persistent inflation risks, the majority maintained the current rate to ensure stability for variable-rate mortgages and loans. The Bank expects inflation to peak at 3.2% in Q4 before returning to target in early 2028.
    12 sourcesSee all sources
  7. BusinessTaxTradeEquities

    BBVA's Profit Surges 11% to €6.051 Million in H1 2026

    BBVA has reported a net profit of €6.051 million for the first half of 2026, an 11.1% increase year-on-year. The bank's profitability was boosted by strong credit activity, with corporate credits up 13% and personal loans up 7%. BBVA also announced a share buyback program worth €2.000 million, starting August 5. Total income grew 17.3% to €21.159 million, driven by a 20.3% increase in net interest income. The bank's loan portfolio grew by more than 60% since the end of 2020, positioning it as the bank with the highest growth in Europe.
    16 sourcesSee all sources
  10. BusinessChina

    Liverpool FC Ownership Talks: Bhatia-led Consortium Eyes Minority Stake

    Liverpool Football Club is in talks with a consortium led by Amit Bhatia, son-in-law of billionaire Lakshmi Mittal, for a strategic minority investment. The consortium, which includes potential backing from Aditya Mittal and could involve Jeff Bezos and Eduardo Saverin, aims to eventually obtain a controlling stake in the Premier League club. Fenway Sports Group (FSG), Liverpool's current owners, have no immediate plans to sell but are open to investment that benefits the football club. The valuation of Liverpool is around $6 billion.
    7 sourcesSee all sources
  11. BusinessTradeStock MarketRatingsReturns

    Brokerage Radar: Ratings & Target Price Updates

    On July 30, 2026, several brokerages made changes to their ratings and target prices for various stocks. Upgrades were seen for Adient, Garrett Motion, Grupo Aeroportuario del Sureste, Bloom Energy, Core Scientific, ExlService Holdings, Kymera Therapeutics, SK hynix, Jersey Mike's, AEON Biopharma, INNIO Group, Lemonade, LeonaBio, New Oriental Education, Rio Tinto, Sprouts Farmers Market, uniQure, Werner Enterprises, and Humana. Price targets were raised for Starbucks by multiple brokerages, Microsoft, Meta Platforms, PTC, Fortinet, and Werner Enterprises. Some ratings were maintained with price target revisions for Microsoft, Meta Platforms, PTC, and Fortinet.
    5 sourcesSee all sources
  13. BusinessTradeMarketsCorp Gov

    TECOM Group Reports 9% Net Profit Growth in H1 2026

    TECOM Group PJSC reported a 9% year-on-year increase in recurring net profit for the first half of 2026, reaching AED805 million. Revenue rose 11% to over AED1.5 billion, driven by higher occupancy rates and contributions from portfolio expansion. Occupancy across the group's portfolio increased to 97%. The Board of Directors approved an interim cash dividend of AED440 million. EBITDA increased 10% to over AED1.2 billion, generating a margin of 79%. Funds from operations (FFO) rose 12% to AED1.1 billion.
    4 sourcesSee all sources
  14. BusinessTradeEquitiesRatings

    Stripe in Talks to Acquire OpenRouter for Nearly $10 Billion

    Stripe is reportedly discussing a deal to acquire OpenRouter, an AI startup, for nearly $10 billion. This would value OpenRouter at roughly 70 times its recent annualized revenue of about $140 million. The premium reflects OpenRouter's unusually strong software-like gross margins and strategic role in AI infrastructure. The acquisition, if completed, would strengthen Stripe's position in AI payments.
    5 sourcesSee all sources
  16. BusinessTrade

    Samsung's Record-Breaking Q2 Earnings

    Samsung Electronics reported a record operating profit of 89.4 trillion won ($61.91 billion) in Q2 2026, a 19-fold increase from the same period last year. This was driven by strong demand for artificial intelligence chips, offsetting a decline in profits from the mobile phone sector. Revenue also increased by 130% to 171.5 trillion won. The company's net profit surged 1,300% to 71.62 trillion won, exceeding market expectations.
    29 sourcesSee all sources
  19. BusinessLawNorth AmericaUnited Kingdom

    Chamber Chief Walter Ruck Resigns Amid Wiretapping Scandal

    Walter Ruck, the head of Vienna's Chamber of Commerce and Economic Chamber, resigned on Thursday following a wiretapping scandal that revealed nepotism, misogynistic remarks, and deals with Vienna's mayor Michael Ludwig (SPÖ). The pressure from his party, ÖVP, and other political figures led to his resignation. His former deputy, Margarete Kriz-Zwittkovits, will take over. Ruck's resignation comes after he was expelled from his party and faced criticism from Chancellor Christian Stocker and WKÖ President Martha Schultz.
    5 sourcesSee all sources
  21. BusinessBudgetTradeMarkets

    30-Year Treasury Yield Hits Highest Level Since 2007

    The yield on 30-year U.S. Treasury bonds has surged to its highest level since 2007, reaching as high as 5.244% during trading. This significant increase comes after the Federal Reserve left interest rates unchanged, with yields on the benchmark 10-year note also rising to 4.671%. Market analysts attribute this development to growing concerns about long-term fiscal health and inflation.
    30 sourcesSee all sources
  23. BusinessTradeLogisticsCommodities

    Ambev's Profit Surges 25% to R$3.5 Billion in Q2

    Ambev reported a 25% increase in net profit to R$3.5 billion in the second quarter, driven by growth in premium beers and wellness products. The company's net revenue grew by 6%, and adjusted EBITDA reached R$8.46 billion, up 9%. Premium beers, led by Corona and Stella Artois, grew by 20%, while wellness brands like Stella Pure Gold and Michelob Ultra advanced around 60%. Non-alcoholic beers grew by 30%, driven by Corona Cero and Brahma 0.0%.
    3 sourcesSee all sources