Kenya’s stock exchange plans East Africa’s first AI-focused ETF
Kenya’s Nairobi Securities Exchange plans to launch East Africa’s first AI-focused ETF before year-end, offering local investors easier access to artificial intelligence stocks.
Oil prices rebound after Houthis say they attacked Saudi tanker
Oil prices rose after Houthi rebels claimed to attack a Saudi oil tanker in the Red Sea, reversing gains from earlier peace talk optimism that had driven prices down.
CVS raises annual profit forecast on improved drug revenues
CVS Health raised its 2026 adjusted profit per share forecast to $7.90-$8.10 from $7.30-$7.50, citing strong pharmacy drug revenues and government health plan bonus payments.
Eli Lilly easily tops quarterly estimates, raises outlook as Zepbound and Mounjaro sales surge
Eli Lilly topped second-quarter earnings and revenue estimates while raising its full-year guidance, driven by strong sales of its weight-loss drug Zepbound and diabetes treatment Mounjaro.
Tariff refund drives Q2 profit at Delta Galil
Delta Galil’s second-quarter sales rose 9% to $511.6m, with net income increasing to $34.4m, boosted by tariff refunds and strong operational performance.
Fintech broker Clear Street offers investors pre-IPO access to $188 billion AI giant Databricks
Clear Street, a fintech prime brokerage, is launching a platform enabling accredited investors to purchase interests in private companies before their public debuts, beginning with AI software firm Databricks valued at $188 billion.