Rolls-Royce increased its full-year profit and cash flow guidance after reporting a 46% rise in underlying operating profit to £2.5 billion for the first half of the year. The company benefited from strong demand in civil aerospace, defense, and power systems, especially from AI-driven data centers and increased defense spending. Revenue grew over 24% to £11.3 billion, and Rolls-Royce now expects full-year operating profit between £4.7 billion and £4.9 billion, up from previous estimates. The firm also anticipates higher free cash flow, reflecting its position as a key player in expanding defense budgets and data center power solutions.
The iShares Russell 2000 ETF (IWO) is rated a sell because it is heavily weighted towards unprofitable small-cap stocks, especially in biotech, with 36% of holdings losing money and a high forward price-to-earnings ratio of 25.5x. Although the fund p...
Tempus AI's stock surged 60%, fueled by a 31% year-over-year increase in oncology testing volumes and nearly doubled MRD test volumes since Q4 2025, validating its acquisition of Personalis. The company's data and applications segment grew 28% in Q2,...
Taiwan's Taiex index reached a record intraday high of 48,601.53 driven by strong gains in the tech sector, especially semiconductor companies like TSMC, MediaTek, and Delta Electronics. This surge follows an AI-driven rally on Wall Street fueled by ...
China's lithium carbonate and spodumene spot prices fell significantly over the past month, influenced by the loss of license at CATL's Jianxiawo Mine, the country's largest lithium mine, which has returned to care and maintenance. Despite the price ...
Zcash (ZEC) price pulled back from a September peak near $1,590 to about $1,430, pausing after a strong rally. Institutional interest remains high, supported by Grayscale's Zcash ETF and a planned share split. The main issue is a debate over the Zcas...
