Seadrill raises 2026 guidance on stronger rig demand
Offshore driller Seadrill increased its 2026 guidance, pointing to improved rig demand and higher contract coverage.
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Offshore driller Seadrill increased its 2026 guidance, pointing to improved rig demand and higher contract coverage.
J.P. Morgan lifted its year-end 2026 target for the S&P 500 to 8,000, pointing to artificial intelligence investment and the strength of corporate earnings.
Bitcoin traded above $65,000 even after the US Senate left the crypto market structure bill unpassed before its recess, with ETF inflows and a softer dollar cited as the main supports.
Analysis of Europe's summer points to measurable economic damage from heat, drought and related disruption across agriculture, transport and energy.
Unitree and other Chinese humanoid robot developers are moving to list shares, seeking capital as competition in the sector intensifies.
Philippine operator Globe Telecom reported record revenue for the first half of 2026, with the shares up about 1% after the earnings call.
Medi Assist reported first-quarter revenue in line with forecasts and continued margin recovery led by growth in technology revenue, but the shares fell about 5%.
German financial technology group Hypoport said profit rose 5% in the first half of 2026.
Exxon Mobil distributed $9.4bn to shareholders through dividends and buybacks in the latest quarter, a pace of roughly $37bn a year against unevenly timed operating cash flow.
Kevin Warsh has declined to provide forward guidance at two consecutive Federal Reserve meetings since taking over as chair, a break from recent central bank communication practice.
Palantir shares rose sharply over the past week after chief executive Alex Karp described the company's second-quarter performance as "otherworldly."
Recently listed SpaceX reported second-quarter results showing continued momentum, but the stock has been slumping and still trades at a premium to the broader market.
Economists expect the Reserve Bank of Australia to leave rates unchanged at its August meeting, citing easing inflation alongside signs of a softening housing market.
Westpac stock slid about 5% after the lender reported a roughly 20% fall in mortgage applications, which it linked to recent tax changes affecting property buyers.
The conversational AI software company reported revenue above consensus while earnings came in $5.07 below expectations.
The first regular container service via the 'Ice Silk Road' cuts voyage times between Europe and the Far East to about 20 days, bypassing the Suez Canal and Malacca Strait.
Katherina Reiche warned that the far-right party's growing support could weigh on investment as Berlin targets €3.75tn in private capital by 2040.
Bullion steadied close to its highest level in seven weeks on Iran-related uncertainty and Fed expectations, while a firmer dollar pushed Asian currencies lower.
Bitcoin, ether and BNB each rose close to 3% on the week with global equities near records, while XRP fell 5% despite continued ETF inflows.
The two chipmakers are reported to be preparing a joint venture to manufacture image sensors in Japan, a deal valued at about $6.3 billion.