Factory activity bounced in August as AI fuelled Asian expansion
Global factory activity expanded in August as AI hardware demand boosted Asian production while European manufacturing reached its fastest pace in over four years.
TD’s (TD) Record Quarter Comes With A Regulatory Asterisk
Toronto-Dominion Bank reported adjusted net income of $4.7 billion, up 21% year over year, with adjusted diluted EPS jumping 26% to $2.77, though regulatory challenges persist.
Affirm’s (AFRM) Next Chapter Bets Big On The Card
Affirm Holdings reported its most profitable quarter ever, yet shares fell 4.26%. The company is betting on its Affirm Card to drive future growth, with card attach rates at 19% of active users.
Phibro’s (PAHC) Big Acquisition Bet Just Cleared Its First Full Year
Phibro Animal Health reported fiscal 2026 net sales of $1.5 billion and adjusted EBITDA growth of 39%, marking the first full year since acquiring a major medicated feed additive portfolio.
TORM’s (TRMD) Record Quarter Rides A Fragile Geopolitical Wave
TORM reported record second-quarter earnings of $338 million, driven primarily by geopolitical disruptions around the Strait of Hormuz that rerouted tanker traffic and increased shipping rates.
UP Fintech’s (TIGR) Record Quarter Comes With A Bigger Bill
UP Fintech reported record quarterly revenue of $182.3 million and swung to $39.4 million in net income, driven by strong growth in Singapore and Hong Kong markets.