Volkswagen now expects revenues to decline this year after revising down its outlook, citing weaker sales and challenging market conditions. The automaker’s guidance downgrade contrasts with some peers that are raising their forecasts. #Volkswagen #autos #FiatNews

Intel raises its revenue outlook as demand from data centers strengthens, the company said, with sales increasingly driven by its data‑center business. The upgraded revenue guidance reflects a stronger near‑term trajectory for Intel amid rising cloud and AI workloads. #INTC #tech #FiatNews

Moneta Money Bank reported that its net profit for the first half of 2026 rose 8.1% year‑on‑year to CZK 3.3 billion and that it has raised its full‑year outlook. The announcement was published on July 24, 2026. The bank said the results were driven mainly by higher operating income, while operating costs remained practically unchanged. The H1 net profit of CZK 3.3 billion compares with the prior‑year period and reflects improved top‑line performance rather than cost savings. Moneta’s upgraded full‑year guidance follows the stronger first‑half showing; the company did not provide further line‑item detail in the summary. #Moneta #banking #CzechRepublic #FiatNews

According to a report dated 24 July 2026, Eli Lilly has delayed its regulatory submission for retatrutide, a next‑generation obesity treatment. The company had previously anticipated filing for approval this year but now expects to submit the application in the first quarter of 2027. The announcement noted that retatrutide succeeded in key clinical studies, though the report did not provide further trial details or specific reasons for the postponement. No revised timeline for approval beyond the expected Q1 2027 filing was given. Retatrutide is positioned as a next‑generation obesity drug following recent advances in the field; the filing delay comes despite the positive trial outcomes reported earlier. #EliLilly #LLY #retatrutide #obesity #FiatNews

Hyperscaler valuations have re-rated notably since 2020: companies often labeled as hyperscalers traded at price-to-earnings ratios above 40 in 2020, have fallen to just over 20 today, and were around 13 in 2013. The shift highlights a sizeable compression in market multiples for large cloud and AI-focused firms. The figures provide a concise timeline of investor expectations—peak enthusiasm in 2020, a partial retrenchment since then, and a long-term rise versus the 2013 baseline. The data cover broad valuation trends rather than individual companies. Analysts and investors may view these PE moves as indicators of changing assessments about growth prospects, profitability and the pace at which AI and cloud investments will translate into sustained earnings. #AI #hyperscalers #valuations #tech #FiatNews

Key economic releases and corporate events to watch on 24 July include Japan CPI (y/y), German GfK consumer confidence, UK retail sales, euro‑area and German PMIs, and US new home sales; scheduled corporate reports include American Express and others. #EconData #FiatNews

FX and commodities moved alongside risk assets: EUR/USD eased back below 1.1380 after an earlier rise, while gold reversed recent gains and fell below $4,100 per ounce. The Czech koruna experienced only minor intraday fluctuations. #EURUSD #Gold #FiatNews

ServiceNow showed that it is already monetising AI, reporting revenue growth and an improved outlook that pleased investors. The results were cited as an example of which tech firms can turn AI interest into real sales. #ServiceNow #AI #FiatNews

New passenger car registrations in the European Union rose 13.6% year‑on‑year in June to 1.148 million units, according to ACEA. The report noted continued strength from Chinese manufacturers in the EU market. #EUAuto #FiatNews

Italian bank UniCredit reported Q2 net profit down 13.1% year‑on‑year to €2.9 billion but said results beat analysts’ expectations. The decline reflects quarterly earnings pressures even as the bank topped consensus. #UniCredit #FiatNews

Czech defence and engineering group Czechoslovak Group (CSG) secured a new loan of up to €3.062 billion (about CZK 74 billion) to refinance existing debt facilities. The financing is intended to replace the company’s current borrowings. #CSG #FiatNews

Czech National Bank board member Jan Kubíček said the CNB may still raise rates once this year and that the bank is not under pressure to act immediately. He described market expectations for multiple further hikes as exaggerated. The koruna showed only minor moves. #CNB #FiatNews

The ECB left interest rates unchanged, keeping the deposit rate at 2.25%. President Christine Lagarde signalled at the press conference that the Bank could act at its September meeting; markets have priced a September hike at over 90%. #ECB #Lagarde #FiatNews

Oil climbed above the $100 per barrel psychological level in the afternoon—last seen in May—lifting inflation and rate expectations. Markets now price a Fed hike in September and another in March next year; both nominal and real US yields (TIPS) have risen, pressuring equities. #Oil #Fed #FiatNews

European tech and large caps showed mixed earnings reactions: STMicroelectronics plunged after issuing a slightly weaker revenue outlook; Nestlé, UniCredit and BNP Paribas moved lower after results. TotalEnergies was among gainers, supported by firmer oil prices. #STMicroelectronics #TotalEnergies #FiatNews

Tesla reported higher vehicle deliveries and posted its first substantive revenue growth in over a year in Q2, yet the company burned more cash than it generated for the first time in two years. The quarter thus combined delivery strength with deteriorating cash flow metrics. #Tesla #FiatNews

Alphabet reported a strong quarter—cloud and ad revenue beat estimates and AI usage (Gemini, AI search, AI subscriptions) grew—but disclosed a rise in planned 2024 capital expenditures. That pushed free cash flow negative for the first time since IPO and triggered a sharp negative market reaction of about -6% after the open. #Alphabet #AI #FiatNews

US and European equities slid on Monday as investors digested yesterday’s corporate reports and rising rate expectations. By 17:00 CET the Nasdaq 100 was down about 2%, the S&P 500 lost just over 1%. In Europe indices were broadly lower: CAC 40 -1.5% and DAX down more than 1%. #Markets #Nasdaq #SP500 #FiatNews

ServiceNow demonstrated it can already monetize artificial intelligence, delivering results that pleased investors with both growth and an improved outlook. The company’s latest report, released 23 July 2026, signaled that demand for AI-driven products is translating into revenue and raised confidence among shareholders. Analysts and market participants highlighted ServiceNow’s performance as part of a broader tech earnings season focused on which firms can convert massive interest in AI into tangible sales. While specific figures were not provided in the source summary, the key takeaway was stronger-than-expected growth and a more favorable guidance trajectory. The report underscores a wider industry trend: this earnings cycle is largely about proving that AI can be a revenue driver rather than just a strategic promise. #ServiceNow #NOW #AI #TechEarnings #FiatNews

On 23 July 2026 the European Central Bank left its key interest rates unchanged, keeping the deposit rate at 2.25% as expected. The announcement confirmed that the ECB did not alter its main policy rates at today’s meeting. The decision maintains the current monetary policy stance, with the deposit facility rate remaining at 2.25%. Market participants had largely anticipated no change. Investors and analysts will watch subsequent communications from the ECB for guidance on the timing and direction of any future rate moves. #ECB #Eurozone #interestrates #FiatNews