LAD Q2 Earnings Beat on Used Margins and Financing Growth

    Lithia Motors LAD posted second-quarter 2026 adjusted earnings of $10.03 per share, which increased 9% from $9.20 a year ago. The bottom line beat the Zacks Consensus Estimate of $8.67 by 15.7%. Quarterly revenues increased 2.2% year over year to $9.79 billion and topped the consensus estimate of $9.64 billion by 1.6%. Improved used-vehicle profitability,…

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      AMD Fell 8% as China Unveils New Technology — the Real Risk Is the Multiple, Not the Lithography

      China’s breakthrough in domestic chipmaking equipment sparked a major semiconductor sell-off, dragging down Advanced Micro Devices, Inc. (NASDAQ:AMD) despite strong fundamentals. An announcement from a manufacturing facility in Shanghai on July 27, 2026, caused a severe summer downturn for the AI semiconductor market. State-supported Shanghai Aishengna reported the production of homegrown immersion deep ultraviolet (DUV)…

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      Hongkong Land acquires Singapore’s Wheelock Place in US$900m deal

        Hongkong Land acquires Singapore’s Wheelock Place in US$900m deal

        Hongkong Land will acquire Singapore’s Wheelock Place for about S$1.1 billion (US$900 million) through its Singapore Central Private Real Estate Fund (SCPREF), marking the fund’s first acquisition since its launch in February. The mixed-use commercial property on Orchard Road is being acquired from an entity owned by Hong Kong-listed Wharf Real Estate Investment Company, according…

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        Euronext registers 7.9% Y/Y drop in FX trading revenue in Q2 2026

          Euronext registers 7.9% Y/Y drop in FX trading revenue in Q2 2026

          European capital market infrastructure Euronext today published its results for the second quarter of 2026. FX trading revenue was €8.5 million in Q2 2026, down 7.9% compared to Q2 2025. This reflects normalisation in volatility and the impact from US dollar depreciation on reported figures. Like-for-like at constant currencies, revenue was down 5.6%. In Q2…

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