Edgen AI operates independently of, and is not controlled by Aspen Digital Financial Limited.
Arm drops 6% on Q2 revenue guidance missing top estimates
Edgen Stock·Jul 30 2026, 08:54Share to
Share to
Copy link
[1] Live: Can Arm Holdings’ Q1 Earnings Tonight Spark a Rebound After the 30% Freefall? (https://247wallst.com/investing/2026/07/29/li ...)[2] Stock index futures gain with focus on Fed rate decision and big tech earnings (https://www.msn.com/en-us/money/markets/stock ...)[3] Stock Market Today: Dow Up As Buffett Stock Tests Entry; Tesla Jumps On Musk Move (Live Coverage) (https://www.msn.com/en-us/money/markets/stock ...)[4] The AI Bubble Is Bursting - Don't Get Mauled (https://seekingalpha.com/article/4926918-the- ...)
Related News
Jul 30 2026, 10:26
BBVA reports record Q2 profit of €3.06B, announces €2B buyback
Banco Bilbao Viscaya Argentaria (NYSE: BBVA) reported record second-quarter net profit of €3.06 billion, up 11.4% from a year earlier, driven by loan growth and higher core revenues across its major markets. "We have delivered record earnings, industry-leading profitability, strong activity growth and capital generation," Chief Executive Officer Onur Genç said during the bank's earnings webcast. Net interest income rose 17.8% year over year, supported by loan growth of 17.7% at constant exchange rates. Net fees and commissions increased 16.2%, driven by payments, asset management and corporate and investment banking activity. First-half return on tangible equity reached 22.2%, while return on equity was 21.1%. BBVA raised its 2026 return-on-tangible-equity target to about 21% and announced a new €2 billion extraordinary share repurchase program, to begin after it completes its existing €4 billion buyback by Aug. 3. The CET1 capital ratio improved 7 basis points during the quarter to 12.90%, supported by strong earnings and risk-transfer transactions. **Spain and Mexico Drive Earnings** Spain generated second-quarter net profit of €1.1 billion, bringing first-half earnings to €2.2 billion, up 2.3% year over year. Net interest income rose 4.1%, while loan growth reached 7.4%. The Spanish unit's nonperforming loan ratio fell to a record low of 2.86%, and its cost of risk was 31 basis points for the first half. Mexico, BBVA's largest profit contributor, reported first-half net attributable profit of €3 billion, up 8.2% year over year in constant euros. Net interest income increased 2.7% sequentially, supported by retail and wholesale loan growth. The bank upgraded its Mexican outlook, forecasting loan growth of around 10% and a year-end cost of risk below 335 basis points. Garanti BBVA in Turkey earned €269 million in the second quarter and €532 million in the first half. The bank raised its full-year Turkey cost-of-risk outlook to about 220 basis points from its prior guidance of 200 basis points, citing elevated funding costs and continued provisioning needs in retail portfolios. South America earned €308 million in the second quarter, with BBVA upgrading its regional full-year gross-revenue outlook to high-teens growth. Genç said the bank sees potential for increased investment activity in Mexico, pointing to renewable-energy tenders and broader government investment plans. He also noted that BBVA is advancing its artificial-intelligence strategy, with more than 100,000 employees actively using AI tools, and said the bank would provide further details at its strategic talks event scheduled for Oct. 6. The record earnings and expanded buyback signal management's confidence in capital generation across BBVA's diversified geographic footprint. Investors will watch the bank's Oct. 6 strategic talks event for updates on AI deployment and medium-term margin targets. This article is for informational purposes only and does not constitute investment advice.
Jul 30 2026, 10:22
Air Products posts $6.47 loss on $2.1B charge, lifts adjusted EPS view
Air Products reported a GAAP loss per share of $6.47 on $2.1 billion in charges, while adjusted earnings topped guidance. "The results reflect our decisive actions to optimize the project portfolio while continuing to execute on our core industrial gas business," the company said in its earnings release. The company recorded $2.1 billion in operating losses during its fiscal third quarter, driven by charges for business and asset actions announced June 30. Adjusted operating income came in at $810 million, with adjusted EPS of $3.47 exceeding the top end of the company's guidance range. | Metric | Actual | vs Prior Year | |--------|--------|--------------| | GAAP operating income | -$2.1B | Down >300% | | GAAP operating margin | -66.3% | vs 26.2% | | Adjusted EPS | $3.47 | Topped guidance | | Adjusted operating income | $810M | — | Air Products raised its fiscal 2026 full-year adjusted EPS guidance to $13.39 to $13.49, up from its prior range. For the fiscal fourth quarter, the company expects adjusted EPS of $3.55 to $3.65. Capital expenditures for the year are expected at approximately $3.5 billion. The company also announced it will not proceed with the Louisiana Clean Energy Complex and is discontinuing its zero-carbon liquid hydrogen facility in Casa Grande, Arizona, along with other smaller-scale clean energy distribution projects. On the growth side, Air Products finalized a marketing and distribution agreement with Yara for renewable ammonia from the NEOM Green Hydrogen Project in Saudi Arabia. Separately, Air Products San Fu signed a long-term agreement to build, own and operate four large air separation units, bulk gas supply systems and new underground pipeline systems supporting a semiconductor manufacturer's expansion in Taiwan. The strategic pivot away from large-scale US clean energy projects while advancing the NEOM venture shows a shift in capital allocation toward international hydrogen opportunities. Investors will watch the Q4 earnings call for further details on the company's revised project portfolio and the timeline for the Taiwan semiconductor expansion. This article is for informational purposes only and does not constitute investment advice.
Jul 30 2026, 10:22
Solstice raises guidance after Q2 beat with $1.15B in sales
Solstice Advanced Materials reported Q2 net sales of $1.15 billion, up 11% YoY, as the specialty materials company posted double-digit growth across four segments. "Our diversified portfolio continues to deliver consistent growth across end markets," the company said in its earnings release. Adjusted diluted EPS of $0.88 compared with reported diluted EPS of $0.75, reflecting the exclusion of certain one-time items. Adjusted EBITDA reached $290 million, representing a 25.3% margin. The Morris Plains, New Jersey-based company generated $461 million in operating cash flow for the first six months of 2026 and $248 million in free cash flow. Net income attributable to Solstice totaled $119 million. The company did not disclose consensus estimates in its release. Solstice raised its full-year 2026 outlook, now expecting net sales of $4.125 billion to $4.185 billion, up from a prior range of $3.9 billion to $4.1 billion. Adjusted EBITDA guidance was lifted to $1.035 billion to $1.055 billion, with adjusted diluted EPS forecast at $2.75 to $2.95. The guidance raise reflects management's confidence that demand momentum will continue across the company's specialty materials portfolio. Investors will watch the next earnings call for updates on segment-level margins and the timeline for the $200 million Spokane capacity expansion project, which aims to double production capacity at the facility. This article is for informational purposes only and does not constitute investment advice.