Market intelligence
Fast, evidence-led coverage of the companies and events moving global markets.
All coverage
Qantas Airways Limited has launched a limited-time booking promotion that offers double Status Credits or Qantas Points on qualifying flights. The deal provides an…
Eight booking days, 346 travel days and an earnings test
All figures are Qantas 1H26 year-on-year measures. Loyalty margin was 20%.
| Measure | Latest figure | Why it matters |
|---|---|---|
| Reward choice | 2× Status Credits or Points | Targets status seekers and redemption users |
| Hotel stacking | Double hotel points | Supports Hotels and Holidays revenue |
| Reward seats | 2.5M in 1H26 | About 14,000 booked daily |
| EBIT per member | A$15.63 in 1H26 | A$286M divided by 18.3M members |
| FY26 Loyalty guide | +10% to +12% EBIT | Thursday's results benchmark |
| Consensus FY26 NPAT | A$1.418B | External earnings expectation |
| Market capitalisation | ≈A$13.65B |
|---|---|
| Trailing P/E | ≈8.7× |
| Dividend yield | ≈4.3% |
| 52-week range | A$8.04–A$12.62 |
| Consensus | Buy |
|---|---|
| Analysts | 17 |
| Buys / Holds / Sells | 15 / 2 / 0 |
| Target range | A$10.00–A$12.50 |
MILPITAS, California, August 26, 2026, 11:06 – SolarEdge Technologies shares climbed 7.7% after UBS said the new FCC inverter regulation could strengthen the company’s…
NASDAQ:SEDG · August 26, 2026, 11:06 EDT
| UBS | Buy · $42 |
| Consensus mix | 2 Buy / 10 Hold / 4 Sell |
| Average target | $35.13 · +9.2% |
| High / low | $65 / $6.90 |
| 52-week range | $28.21–$81.25 |
| Beta | 1.49 |
| Metric | Q2 2026 | Q2 2025 |
|---|---|---|
| Revenue | $346.2m | $289.4m |
| GAAP gross margin | 27.5% | 11.1% |
| GAAP operating loss | -$16.0m | -$115.5m |
| Adjusted operating income | $10.2m | -$48.3m |
| Free cash flow | $3.1m | -$9.1m |
| Q3 revenue guide | $310m–$340m |
| Midpoint vs Q2 | -6.1% |
| Adjusted GM guide | 22%–26% |
| Adjusted opex | $86m–$91m |
| Net cash/investments | $264.6m |
Risks: residential demand remains soft; pricing gains are an analyst forecast, not booked revenue; GAAP losses continue; policy and eligible supply can change.
Sources: SolarEdge Q2 2026 release; Google Finance; Yahoo Finance; UBS upgrade reported August 26, 2026. All market figures timestamped 11:06 EDT.
Apple's Mac mini featuring the new M6 comes at a steeper price for its compact desktop line. Apple Inc. stock gained 1.1% to $313.37…
| Fiscal Q3 2026 | Value | YoY |
|---|---|---|
| Revenue | $109.4B | +16% |
| Net income | $29.8B | +27% |
| Diluted EPS | $2.02 | +29% |
| Gross margin | 50.1% | +3.6 pts |
| Mac revenue | $10.4B | +28.7% |
Gross margin included an approximately two-point tariff-refund benefit.
Apple gives no Mac mini unit or revenue forecast. Higher prices may weaken demand. Memory constraints can delay shipments or pressure margins. Product claims are based on Apple's controlled tests.
McDonald’s has launched its inaugural Australian McGold Card giveaway as a month-long promotion via app purchases. Eight cards will be given out through MyMacca’s,…
McDonald’s Australia promotion and MCD market dashboard
Loyalty sales and users are trailing-year / quarter-end figures reported with Q2 2026 results.
| Offer / measure | Amount | Commercial purpose |
|---|---|---|
| McGold Card | A$62,400 each | A$30 weekly for 40 years |
| Card pool | 9 · A$561,600 | Eight app draws; one Bondi event |
| Big Mac deal | A$3 | Low entry price for app transaction |
| McFlurry deal | A$2.50 | High-frequency snack occasion |
| Quarter Pounder bundle | Under A$6 | Value-led meal conversion |
| Deal cadence | One daily in September | Repeat app opens and purchase entries |
| Q2 global comparable sales | +1.3% |
|---|---|
| International Operated Markets | +1.5% |
| Consolidated revenue | +4% |
| Operating income | +3% |
| Diluted EPS | $3.32 · +6% |
| Analyst consensus | Buy · 34 analysts |
|---|---|
| Average target | $316.06 |
| Implied upside | +18.4% |
| 52-week range | $260.96–$341.75 |
| Current volume | 749,620 · 17% of average |
BEIJING, August 26, 2026, 10:17 – Shares of Kanzhun jumped 16% following the company's announcement of a $230 million dividend, underscoring strong second-quarter performance.
NASDAQ:BZ · regular session · data verified August 26, 2026, 10:17 EDT
| Metric | Q2 2026 | YoY |
|---|---|---|
| Revenue | RMB2.40bn | +14.1% |
| Operating income | RMB863.2m | +32.6% |
| Operating margin | 36.0% | +5.0 pts |
| Paid enterprise customers | 7.2m | +10.8% |
| Average MAU | 70.2m | +10.4% |
| Operating cash flow | RMB944.8m | −10.2% |
| Q3 revenue guide | RMB2.41–2.50bn |
| Tracked ratings | 3 Buy · 1 Hold |
| Average target | $20 · +5.7% |
| High / low targets | $23 / $18 |
| ADS record date | Sep. 28, 2026 |
| Expected ADS payment | around Oct. 14 |
Meta Platforms, Inc. shares gave back most of an early 4.1% jump on Wednesday. The stock traded at $573.05, up 0.5%, at 10:09 a.m.…
| Q2 2026 | Value | YoY |
|---|---|---|
| Revenue | $60.80B | +28% |
| Net income | $15.85B | -14% |
| Operating margin | 31% | -12 pts |
| Ad impressions | — | +14% |
| Average ad price | — | +12% |
| Daily active people | 3.60B | +3% |
Court approval, payment timing and the conditional $5.3B remain unresolved. Meta faces thousands of related cases. Teen protections could affect engagement and advertising economics. The charge may force a revised expense outlook.
The Witcher 3: Wild Hunt — Remastered gives CD Projekt S.A. a low-price acquisition tool for its 2027 paid expansion. The upgrade is free…
| Metric | Value | YoY |
|---|---|---|
| Group revenue | 191.1M zł | +6% |
| Witcher IP revenue | 44.7M zł | +36% |
| Witcher share of sales | 23.4% | +5.2 pts |
| Net profit | 106.2M zł | −5% |
| Cash/deposits/bonds | 1.41B zł | +6% q/q |
| Signal | Reading |
|---|---|
| Market cap | 24.01B zł |
| Quoted value lost today | ≈199.8M zł |
| Trailing P/E | 39.41× |
| 52-week range | 211.30–297.00 zł |
| Shares outstanding | 99.91M |
| Erste view | Meaningful positive Q4 impact |
| Driver | Upside | Constraint |
|---|---|---|
| Free remaster | Reactivates a 65M-player catalogue | No upgrade revenue from existing owners |
| New platforms | Incremental unit sales and distribution | Platform royalties and launch costs |
| Paid 2027 expansion | Monetizes a larger installed base | Pricing and release date undisclosed |
| 2028 Witcher 4 target | Extends franchise roadmap | Long flagship-release gap |
The 70–75 million-copy figure is an analyst estimate. A free update can lift engagement without converting into enough new purchases or expansion sales.
Sources: CD Projekt announcement and Q1 2026 presentation; Reuters, Aug. 26, 2026; Google Finance at 15:23:28 CEST. Time-sensitive figures are timestamped above.
NEW YORK, August 26, 2026, 09:40 – Shares of Boston Scientific fell 4.1% after the company disclosed that a cyberattack may endanger as much…
| Metric | Q2 2026 | YoY |
|---|---|---|
| Total sales | $5.442B | +7.5% |
| Cardiovascular | $3.624B | +8.3% |
| MedSurg | $1.818B | +5.9% |
| Adjusted EPS | $0.86 | +14.7% |
| GAAP net income | $907M | +13.8% |
| Signal | Current reading |
|---|---|
| FY26 sales growth | 5.5%–6.5% reported |
| FY26 adjusted EPS | $3.28–$3.32 |
| Q3 adjusted EPS | $0.80–$0.82 |
| P/E | 19.38× |
| Analyst consensus | Buy · 31 analysts |
| Average target | $62.69 · 31% upside |
| Recovery path | Revenue effect | Investor implication |
|---|---|---|
| Faster than Stryker | Below $316M | More orders may shift within the quarter rather than disappear. |
| About three weeks | $316M–$369M | Evercore's 600–700 bp scenario; a guide cut becomes plausible. |
| Longer or broader | Above $369M | Margin pressure and customer disruption could outlast shipment delays. |
Boston Scientific has not determined whether the incident is reasonably likely to be material. The full scope, recovery duration and any data loss remain unknown.
Sources: Boston Scientific Q2 2026 results; Reuters, Aug. 26, 2026; Google Finance quote at 09:40:21 EDT; StockAnalysis analyst consensus. The $316M–$369M range is a scenario calculation, not company guidance.
Abercrombie & Fitch Co. shares surged 22.09% to $133.00 in early trading on Wednesday as the company reported record quarterly revenue and raised its…
A $100M tariff refund added $1.75 to Q2 EPS and 790 basis points to margin. Remove it and estimated EPS is still $2.42—21.6% above the $1.99 consensus—while operating margin is about 12.0%, roughly two points above the prior outlook.
| Metric | Current | Prior | Midpoint change |
|---|---|---|---|
| FY sales growth | About 5% | 3%–5% | +1 point |
| FY operating margin | 14.5%–15.0% | 12.0%–12.5% | +250 bps |
| FY EPS | $13.10–$13.60 | $10.20–$11.00 | +25.9% |
| FY share repurchases | At least $500M | About $450M | ≥+$50M |
| Q3 EPS | $2.90–$3.20 | $2.82 consensus | +8.2% at midpoint |
Market data may be delayed. This dashboard summarizes published information and is not investment advice.
BROOKFIELD, Connecticut, August 26, 2026, 09:20 - Photronics stock rose 23% in premarket trading after the company reported that high-end IC mask mix soared…
High-end IC mix reached a record 44% of IC revenue. That implies about $68.1m of quarterly high-end IC sales, or 31.5% of company revenue.
The $400.9m premarket value gain equals 5.9 times this estimated quarterly revenue stream. It prices a richer mix, not just a modest top-line beat.
| Metric | Q3 FY26 | Q2 FY26 | Q3 FY25 | Signal |
|---|---|---|---|---|
| Revenue | $216.0m | $209.9m | $210.4m | Improving |
| IC revenue | $154.7m | $147.5m | $147.8m | +5% both ways |
| FPD revenue | $61.4m | $62.4m | $62.6m | -2% both ways |
| Adjusted EPS | $0.50 | $0.42 | $0.51 | Sequential rebound |
| Gross margin | 33.2% | 31.3% | 33.7% | +190 bp q/q |
| Operating margin | 21.1% | 20.1% | 22.9% | Below year ago |
Operating-margin guidance: 19%–24%; midpoint 21.5% versus Q3’s 21.1%.
| Implied premarket market cap | $2.13bn |
| Cash + short-term investments | $672.8m |
| JV-associated portion | $503.5m |
| Q3 operating cash flow | $76.3m |
| Q3 capex | $37.0m |
| Analyst average target | $46.00 |
The $46 target implies about 27% upside from $36.12. Three tracked analysts rate the shares Buy; coverage is limited.
Shares of Woolworths Group Limited climbed 3.42% on Wednesday. The retailer reported that Disney Ooshies contributed as many as two percentage points to early…
Estimated market value: A$49.0bn · Estimated value added: A$1.62bn
Volume: 4.50m shares. Value calculations use approximately 1.22bn shares outstanding.
Ooshies supplied 1.5–2.0 points of Woolworths’ 7.6% early FY2027 Australian Food sales growth.
That equals 19.7%–26.3% of the reported growth rate. The campaign ended August 25, making sales retention the next test.
Target range: A$31.50–A$40.90. The high target is only 1.8% above the close.
CARLSBAD, California, August 26, 2026, 05:45 – Callaway Golf stock declined 2% on Wednesday following market reaction to ad pull testing related to its…
Good Good Quantum Triple Diamond Max, 460cc head, adjustable 10g weight.
| Metric | Result |
|---|---|
| Revenue | $430.3M · +4.5% |
| Operating income | $100.3M · +31.6% |
| Operating margin | 23.3% · +480 bp |
| Share of group sales | 70.3% |
| Metric | Result |
|---|---|
| Q2 sales | $612.2M · +2.0% |
| GAAP gross margin | 50.1% · +620 bp |
| FY26 sales guide | $2.045B–$2.070B |
| FY26 adjusted EBITDA | $246M–$260M |
| Average target | $20.50 |
| Implied upside from $15.47 | 32.5% |
| Coverage | 11 analysts |
| Rating mix | 5 Strong Buy · 5 Hold · 1 Sell |
Contained case: investigations close without retailer, media or partner withdrawals; the 0.58% premarket rebound persists. Adverse case: partner action raises campaign costs or weakens demand in a segment producing 70.3% of quarterly sales. Watch the product listing, PGA Tour decisions and management's next equipment-sales commentary.
WEST PALM BEACH, Florida, August 26, 2026, 08:20 - Dycom’s share price dropped 7.7% just ahead of its record second quarter, with the company’s…
Record revenue matters. The sharper signal is a 24.5% Building Systems margin and a backlog larger than the company’s market value.
| Metric | Q2 FY27 | Q2 FY26 | Δ |
|---|---|---|---|
| Revenue | $2.006B | $1.378B | +45.6% |
| Adj. EBITDA | $315.5M | $205.5M | +53.5% |
| Adj. EPS | $5.29 | $3.64 | +45.3% |
| EBITDA margin | 15.7% | 14.9% | +81 bps |
| Backlog | $12.242B | $7.989B | +53.2% |
| Signal | Reading | Investor interpretation |
|---|---|---|
| Market value | $10.56B | Below $12.24B backlog |
| Trailing P/E | 33.6× | Requires sustained execution |
| Forward P/E | 21.2× | Prices meaningful profit growth |
| Consensus | Strong Buy · 11 analysts | Average target $637.27 |
| Target upside | 81.2% | Versus Aug. 25 close |
Backlog is not revenue. Permits, customer schedules and labor availability can delay conversion.
Communications margin fell 130 basis points, while Building Systems benefited from acquisitions and project scope changes.
Large acquisitions raised debt and interest exposure. Cash conversion must follow reported EBITDA.
A 33.6× trailing multiple leaves limited room for another guidance deferral.
Shares in DroneShield Limited dropped 9.4% on Wednesday, finishing at A$1.768 as higher first-half costs offset its record sales.
| A$ million | 1H25 | 1H26 | Change |
|---|---|---|---|
| Revenue | 72.3 | 125.8 | +74% |
| Recurring revenue | 3.5 | 11.5 | +229% |
| Gross margin | 65.3% | 60.0% | −5.3 pts |
| Underlying EBITDA | 8.0 | −12.4 | −20.4 |
| Statutory NPAT | 2.1 | −32.2 | −34.3 |
Pre-results average target from five analysts. Consensus: Buy, but the split is wide at three Buy and two Sell ratings.
High A$5.00Low A$1.60Canaccord A$2.804 Aug snapshotGross margin recovery, second-half EBITDA, delivery timing and recurring revenue. Governance remains material while ASIC examines historical disclosures and trading.
15.7% short interestInventoryProduct mixASICSources: DroneShield first-half 2026 results and investor relations; Visible Alpha consensus via Capital Brief; market and analyst data from Investing.com and S&P Global. Market figures timestamped 26 Aug 2026, 16:12 AEST. Calculations are estimates using reported shares outstanding.
ASUS launched U.S. preorders for the ROG Xbox Ally X20 at $1,299. Shares of ASUSTeK Computer Inc., the parent company, gained 4.97% to NT$971…
| Signal | Latest | Change / context | Investor read-through |
|---|---|---|---|
| Q2 brand revenue | NT$241.1B | +39% YoY | Premium products support growth |
| Q2 operating profit | NT$19.6B | +230% YoY | Strong operating leverage |
| Gross margin | 16.5% | +4.1 pts YoY | Mix is financially material |
| High-value mix | >65% | Q2 revenue share | X20 fits stated strategy |
| X20 display | 7.4-inch OLED | 1080p · 120Hz | Supports 30% price premium |
| Processor | Ryzen AI Z2 Extreme | 8 cores · 50 TOPS NPU | Matches prior Ally X silicon class |
ASUS disclosed no preorder count, production target or product margin. A limited edition can lift average selling price without moving total revenue. Component inflation, premium-handheld competition and weak conversion after October 15 are the key measurable risks.
NEW YORK, August 26, 2026, 07:34 — U.S. Treasury yields moved up as investors await $4 billion in scheduled buybacks and focus on upcoming…
2-, 5- and 20-year: August 25 close. 10- and 30-year: August 26, 07:20 EDT.
| Measure | June | July consensus |
|---|---|---|
| Headline PCE, y/y | 3.7% | 3.6% |
| Core PCE, y/y | 3.3% | 3.3% |
| Federal Reserve goal | 2.0% | |
Buybacks can improve liquidity. They do not remove the inflation premium embedded in long-maturity yields.
| July core PCE outcome | Possible first move | Bias |
|---|---|---|
| ≤3.1% | -5 to -10 bp | Duration bid |
| 3.2%–3.4% | -3 to +3 bp | Range |
| ≥3.5% | +7 to +15 bp | Selloff risk |
Scenario ranges are analytical estimates, not forecasts. Oil and GDP revisions can amplify or offset the first reaction.
| Channel | Current signal | Exposure |
|---|---|---|
| Mortgages | 30-year fixed near 6.75% | Housing demand, banks |
| Corporate credit | 4.64% risk-free anchor | Refinancing cost |
| Equities | High discount rate | Long-duration growth |
| Pensions | 5.18% long bond | Liability values |
Mortgage estimate dated August 25, 2026. Treasury yields dated August 26, 07:20 EDT.
Retire harder-to-trade off-the-run bonds, support dealer liquidity and reduce local pricing gaps in the 10-to-30-year sectors.
Fix the primary deficit, guarantee lower yields or neutralize an upside inflation surprise. Treasury explicitly frames the program as liquidity support.
Sources: U.S. Treasury · BEA calendar · BEA core PCE · Federal Reserve H.15 · Reuters · Tradeweb via Barron's. Updated August 26, 2026, 07:35 EDT.
