US Consumer Price Index (CPI) rose 3.5% year-over-year, below the expected 3.8%, with core inflation at 2.6%. Monthly prices fell 0.4%, marking the largest monthly decline and the first negative monthly print since the 2020 pandemic. This easing inflation data lifted major US stock indexes, with Nasdaq up 0.90%, S&P 500 up 0.38%, and Dow slightly positive at 0.02%. Cryptocurrencies also gained, with Bitcoin rising over 3% and briefly nearing $65,000, while Ethereum climbed to around $1,900. Gold prices reversed sharply, closing up 1.33% after the inflation report. The data suggests a potential cooling in inflation pressures, which could influence future monetary policy decisions.
Orion Oyj posted a 21.8% revenue increase to €939.3 million and a 59.6% rise in operating profit to €291.3 million for the first half of 2026. The company highlighted progress in its ODM-212 cancer drug development and FDA approval for its Animal Hea...
Dimensional Fund Advisors Ltd has publicly disclosed holding a 1.7% ownership stake in Rotork PLC, amounting to 13,909,604 ordinary shares as of July 16, 2026. This disclosure is made under Rule 8.3 of the Takeover Code, which requires investors with...
The global Indium Phosphide (InP) wafer market is projected to expand from USD 202.21 million in 2025 to USD 679.76 million by 2035, growing at a CAGR of 12.89%. Growth is fueled by rising demand in AI data centers, 5G and upcoming 6G infrastructure,...
Between July 9 and 15, 2026, Bekaert repurchased 48,656 of its own shares at an average price of €40.37 per share as part of its ongoing €75 million buyback program announced in February 2026. The company plans to cancel all repurchased shares, reduc...
Bekaert continued its share buyback program from July 9 to 15, 2026, repurchasing 48,656 shares at an average price of €40.37 per share, totaling approximately €1.96 million. The company aims to cancel all repurchased shares, reducing the number of o...
