• Philips reported higher second-quarter earnings, driven by strong orders in North America.
  • Entain forecasts higher year-on-year sales growth for BetMGM in the second half and up to 2025.
  • Pearson reported a four percent growth in first-half operating profit.
  • Roche aims to accelerate the development of a weight-loss pill to compete with rivals, according to the Financial Times.
  • Tesco has bought back five hundred fifteen million dollars worth of shares in the second tranche of its share buyback program.
  • ENI could post more than eight billion euros in net proceeds from disposals by 2027, according to its CEO.
  • AMS-Osram significantly reduced its second-quarter loss.
  • Apple's new artificial intelligence features will be delayed and will not be included in the initial launch of iOS 18 and iPadOS 18, according to Bloomberg.
  • 3M Company soared twenty-three percent on Friday, a surge not seen since at least 1980.
  • Pershing Square has postponed its IPO in New York.
  • Honeywell is contemplating a ten billion dollar IPO of Quantinuum, according to Bloomberg News.
  • Thoma Bravo sold two point eight billion dollars worth of Nasdaq shares.
  • Abbott Laboratories was ordered to pay four hundred ninety-five million dollars in damages in a premature infant milk case.
  • Vital Energy will buy Point Energy for one point one billion dollars, according to Reuters.
  • Eisai's shares fell in Tokyo after the EMA rejected its Japanese Alzheimer's disease treatment.
  • Mitsubishi Motors will join the Honda-Nissan electric vehicle alliance, according to Nikkei.
  • Petrobras has bid to operate Galp's Mopane oil field in Namibia.
  • UltraTech's board has approved a transaction to take control of India Cement.
  • China Evergrande's electric vehicle subsidiaries, China Evergrande New Energy Vehicle and Evergrande Smart Automotive, are under threat of bankruptcy proceedings.
  • India's Ola Electric has set its IPO price at Rs. seventy-two to seventy-six per share.
  • McDonald's reported an unexpected drop in quarterly sales, with group sales falling by one percent between April and June, marking the first decline in thirteen quarters.
  • Nvidia, Alphabet, Amazon, Meta, and Tesla are up between zero point five percent and zero point eight percent in pre-market trading after last week's tech stock downturn.
  • Coinbase, Bitfarms, Riot Platforms, and Cleanspark saw shares increase between three point seven percent and four point five percent in pre-market trading on Monday after Donald Trump promised more favorable regulation for the bitcoin industry.
  • International Game Technology (IGT) and Everi Holdings' digital and gaming businesses will be acquired by Apollo Funds in an all-cash deal valued at six point three billion dollars, with IGT's shares jumping twenty percent and Everi's climbing forty percent in pre-market trading.
  • Abbott Laboratories was ordered by a court to pay four hundred ninety-five million dollars in damages, and its share price fell by seven point six percent in pre-market trading.
  • Boeing is considering former Rockwell Collins boss Kelly Ortberg as a candidate for its next CEO, according to The Air Current.
  • Walt Disney's Marvel's “Deadpool & Wolverine” grossed two hundred five million dollars in the U.S. and Canada over the weekend, marking its biggest domestic opening so far this year.
  • Walmart plans to invest two hundred million dollars in autonomous forklifts to further automate warehouse operations, as per Reuters.
  • Vital Energy and Northern Oil and Gas will jointly acquire U.S. shale assets from Point Energy Partners for one point one billion dollars.
  • Starbucks' former CEO Howard Schultz opposes a potential deal between the group and Elliott Investment Management, as reported by the Financial Times.

Today's top earnings reports: McDonald's Corporation, Welltower, ON Semiconductor Corporation, Equity Residential, SBA Communications Corporation, Hologic, Loews Corporation, Revvity, CNA Financial Corporation, Woodward, Chesapeake Energy, Bharat Electronics Limited, Komatsu, Fanuc Corporation, WuXi AppTec, BDO Unibank, LARGAN Precision, Adani Total Gas Limited, Shionogi, Heineken, Philips, Pearson, Acciona, DiaSorin, Imerys, Iren, Lottomatica...