Key earnings reports. Johnson & Johnson, ASML , The Coca-Cola Company, Verizon , Novartis , Daimler , SAP, Iberdrola , eBay , Sartorius Stedim Biotech, Evolution AB, Akzo Nobel...
- Nobel: quarterly results are up sharply, but net income is slightly below consensus.
- ASML: the supplier of equipment for the semiconductor industry saw its profits jump above EUR 1 billion in the second quarter, slightly above expectations. Targets have been raised.
- Daimler: the German carmaker will sell fewer Mercedes than expected due to semiconductor shortages.
- Netflix: the stock is stable post session despite mixed results.
- Novartis: Q2 results beat market consensus. Annual targets confirmed.
- SAP: the German software company raised its guidance after a good quarter.
- United Airlines: quarterly losses are slightly higher than expected, but overall close to expectations.
- Johnson & Johnson has hired a law firm to organize the bankruptcy of its talc subsidiary, exposed to thousands of consumer complaints.
- JPMorgan Chase is offering CEO Jamie Dimon a stock bonus to stay at the helm.
- Tesla plans to open its supercharger network to more electric vehicles later this year, Chief Executive Elon Musk said.
- Joe Biden appoints Jonathan Kanter, a Google basher to head the Justice Department's antitrust division.
- Autodesk gives up on buying Altium . Sika buys American Hydrotech, a specialist in liquid membranes.
- Rio Tinto reaches an agreement with the community of Bougainville on its copper mine in Papua New Guinea.
- AMC Entertainment share price rises again .
- Lalique acquires the Château Lafaurie-Peyraguey hotel-restaurant.
- Cvent close to an IPO via SPAC Dragoneer Growth Opportunities Corp. II, based on a valuation of $5 billion.