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Hermès (EPA: RMS) Shares Sink 10.59% as EPS Miss at €21.32 Overshadows €3.35B Profit Beat
Hermès shares plunged as much as 10.59% on Wednesday, July 29, 2026. The drop came despite the French luxury house posting €3.4 billion in operating income for H1 2026. Diluted earnings per share came in at €21.32, down slightly from €21.39 a year earlier. A Q2 revenue miss and persistent China weakness drove the sharp…
FTSE 100 Today: Index Gains 0.50% as Earnings Boost UK Stocks Despite Middle East Strikes
The FTSE 100 gained 0.50% by mid-morning trading on Wednesday, July 29, 2026. Strong earnings from Standard Chartered, Reckitt Benckiser, and Rio Tinto drove the rally. This extended Tuesday’s 0.90% gain, when the index closed at 10,878.85. The advance came despite fresh US and Saudi military strikes against Iran-backed groups in Iraq. FTSE 100 Extends…
Ford (NYSE: F) Stock Rises 2% After Q2 Revenue Hits $44.9B, EPS Beats at $0.42
Ford shares rose nearly 2% in regular trading Tuesday, July 28, 2026, ahead of its earnings release. The automaker reported adjusted EPS of $0.42, beating the $0.35 analyst estimate by 21%. Automotive revenue reached $44.89 billion for the quarter. Ford also raised its full-year 2026 profit outlook for the second time this year. Ford Beats…
iPhone Air Plunges 26% on Amazon Japan as Inventory Glut Deepens July 29
iPhone Air hits 26% discount on Amazon Japan on July 29. The 1TB model falls to ¥169,800 from ¥229,800, signaling demand weakness and inventory glut for Apple’s thin flagship.
Jack Cole Signs 3-Year Deal With Perth Bears From 2027
Perth Bears sign Penrith halfback Jack Cole on three-year deal from 2027. The 23-year-old joins the expansion club’s inaugural squad after 18 games with the Panthers.
US Stock Market: Nasdaq Futures Slip as KOSPI Plunges Nearly 6%, S&P 500 Futures Rise 0.2%
Stock Market futures showed a split reaction Wednesday, July 29, 2026, as Asian chip stocks tumbled. South Korea’s KOSPI plunged nearly 6%, dragged down by a disappointing SK Hynix earnings report. S&P 500 futures edged up 0.2%, while Nasdaq-100 futures slipped slightly. Iran’s resumed attacks on regional targets also lifted oil prices overnight. KOSPI Plunges…
CJP Demands Pradhan Exit After Court Rejects Portfolio Change Offer
CJP demands Dharmendra Pradhan’s exit after Centre rejected changing his ministry. Court orders release of detained protesters; CJP threatens fresh nationwide protest over NEET exam leak crisis.
GTA VI Expected to Drive PlayStation Sales While Sony Faces Memory Chip Price Pressure
GTA VI is set to launch on November 19, 2026, exclusively on PS5, PS5 Pro, and Xbox Series X/S. Analysts expect the title to significantly boost PlayStation hardware sales this holiday season. Take-Two Interactive projects $8.0 to $8.2 billion in fiscal 2027 net bookings, naming GTA VI the primary driver. Sony, meanwhile, faces rising memory…
SK Hynix Quarterly Profit Jumps 557% but Falls Short of Market Expectations
On July 29, 2026, SK Hynix reported a 557% increase in quarterly operating profit, helped by strong demand for high-bandwidth memory (HBM) chips used in artificial intelligence (AI) systems. The company also recorded its highest-ever quarterly revenue, reflecting continued growth in AI-driven memory demand. Even so, the results came in below market expectations, and the…