
Munich Re Cuts Revenue Outlook After Volume Drop in July Contract Renewals
Both volumes and prices fell at last month's round of reinsurance-contract renewals, but the German reinsurer reiterated its full-year net profit guidance.
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Both volumes and prices fell at last month's round of reinsurance-contract renewals, but the German reinsurer reiterated its full-year net profit guidance.

Italian financial group Unipol reported a 42% year-on-year rise in its half-year net profit to €1.06 billion ($1.22 billion) on Friday, including contribution from BPER which updated its outlook the day before.

Health Care ended a five-day losing streak on Wednesday with a 1.34% rally. The streak tied the five days ending June 18 for the sector's longest of 2026.

A mix of high expectations, profit-taking, and a slight dip in valuations has sent S&P 500 stocks sputtering even after solid earnings reports.

Shipping traffic through the Strait of Hormuz has dwindled to 33 vessels from Monday to Thursday this week, data showed, versus 50 in the week-ago period, as markets watched talks between Iran and Oman for signs of progress in reopening the key waterway.

Profound Medical Corp. (PRN:CA) Q2 2026 Earnings Call Transcript

Record temperatures across Europe are piling fresh pressure on food prices, supply chains and heavily indebted economies, creating another headache for financial markets already roiled by an Iran war-driven energy shock.

Shoals Technologies is rated a moderate Buy, balancing strong demand and order growth against margin and cash flow execution risks. Q2 revenue grew 47% with a record $801M backlog, but gross margin dropped to 30.3%, and H1 operating cash flow was negative $34.6M. SHLS's medium-term upside depends on new factory-driven margin recovery and converting record demand into sustainable profits and cash flow.

China's export growth maintained robust in July, though at a slower pace from June, on persistently strong global demand for artificial-intelligence products.

The South Korean internet company posted resilient second-quarter earnings despite higher AI-related operating costs, supported by solid growth in its core search platform and e-commerce businesses.

AirBoss of America Corp. (BOS:CA) Q2 2026 Earnings Call Transcript

TerrAscend Corp. (TSND:CA) Q2 2026 Earnings Call Transcript

Dorel Industries Inc. (DII.B:CA) Q2 2026 Earnings Call Transcript

Worries over oil supply disruptions continue to linger after Iran published a restrictive draft plan for the Strait of Hormuz. According to the apparent draft plan published by Iran, the country would ban U.S. and Israeli ships from transiting the strait.

Japanese stocks were lower in early trade as uncertainty over the Middle East conflict and energy costs persist.