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Adidas shares were indicated down about 7.5% in pre-market trading after the company reported Q2 operating profit of €574m, below the €615.6m consensus.

2026-07-30

Adidas shares were indicated down about 7.5% in pre-market trading after the company reported Q2 operating profit of €574m, below the €615.6m consensus.

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2026-07-31

Sources said Situational Awareness did not sell its ANTHROPIC stake in a portfolio-sale transaction with Citadel.

Sources said Situational Awareness did not sell its ANTHROPIC stake in a portfolio-sale transaction with Citadel.
2026-07-30

China Merchants Macro says the Fed's reaction function has shifted and the near-term question of whether it hikes matters less for markets. Over the past two meetings both nominal and real US Treasury yields rose materially, suggesting markets have f

China Merchants Macro says the Fed's reaction function has shifted and the near-term question of whether it hikes matters less for markets. Over the past two meetings both nominal and real US Treasury yields rose materially, suggesting markets have front-run Fed tightening. A Fed official outlined a three-part reaction function: 1) the Fed is downplaying its role as move markets ahead of policy; 2) with labor roughly balanced, the Fed will lean toward tightening if underlying inflation trends up and will not readily "look through" supply-driven inflation, focusing instead on persistence and diffusion; 3) if price stability is achieved and underlying inflation falls, the Fed will be more inclined to ease. The official reiterated anti-inflation resolve but said he prefers a broader inflation gauge than PCE and hinted a new inflation metric could appear before next January. Until the Fed adopts a new inflation measure or demonstrate that high inflation is broadly persistent, the baseline remains for rates to be held unchanged.
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