The largest Faroe Islands’ salmon farmer Bakkafrost (BAKKA.NO) issued a second-quarter profit warning due to “weak salmon prices” and disease on its Scottish farms and freshwater sites. Mortality in the Scottish operations led to losses of almost €17 million. The company warned investors that its unaudited accounts indicated lower-than-expected operating earnings (EBIT) of DKK 65 million (€8.7 million/$9.4 million) for the three months
Source: xStation5
Rivian Automotive: Rising star or a meteorite?
US OPEN: Valuations under pressure amid deregulation spree
DE40: DAX gains 0.5%๐Lufthansa surges almost 5% amid Kepler recommendation
Broadcom shares drop 5% despite robust earnings and AI demand ๐ฝ