Editorial briefings
Four scheduled briefings per week — pre-Europe and pre-US session opens on weekdays, plus weekend catch-up and weekly wrap. Curated from public filings and verified news sources.
Good afternoon. Today's Pre-Europe brief is ready for subscribers.
Singapore vessel sunk as Hormuz attacks push Brent to $105.48
An active overnight session dominated by Strait of Hormuz shipping attacks, a BoE inflation warning, and MSCI index reviews for Indonesia and Turkey.
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Situational Awareness hedge fund cut to $10bn after margin calls; Citadel acquired positions
Leopold Aschenbrenner's AI-focused hedge fund Situational Awareness, which had reached approximately $45 billion in assets under management, was forced to significantly reduce its public stock positions on 31 July 2026 following a historic …
Shell Q2 2026 profits rose; Glencore H1 marketing profit reached $3.3 billion
Shell Plc reported a significant increase in Q2 2026 profits, driven by strong performance in oil refining operations and energy trading activities, according to Bloomberg Markets. The company benefited from elevated refining margins and ac…
Stellantis returns to Q2 2026 profit; STLA shares fall 5%
Stellantis reported a return to profitability in the second quarter of 2026, driven by strong North American demand, according to CNBC. The automaker's earnings result marked a turnaround from prior-period losses, with North American vehicl…
Shell Q2 adjusted earnings double to $9.84bn, best since 2022
Shell plc reported second-quarter 2026 adjusted earnings of $9.84 billion, more than doubling from the same period a year earlier and beating the $8.7 billion average analyst estimate compiled by Bloomberg. The result marks the company's st…
Samsung Q2 operating profit beat expectations; share price fell
Samsung Electronics reported second-quarter operating profit exceeding analyst expectations, with results announced on 29 July 2026. The outperformance was attributed to strong demand for AI chips and continued momentum in semiconductor sal…
US GDP grew 1.5% annualised in Q2 2026, missing market expectations
US gross domestic product expanded at an annualised rate of 1.5% in Q2 2026, falling short of market expectations, according to Bloomberg Markets. The release was dated 30 July 2026. Bloomberg Markets reported that gains in consumer spendin…
Coinbase misses revenue and earnings forecasts for third consecutive quarter
Coinbase Global Inc. reported second-quarter results on 30 July 2026 that fell short of Wall Street expectations, marking the third consecutive quarter in which the company missed forecasts on both revenue and earnings. Bloomberg Markets re…
Burnham signals 'pragmatic' North Sea approach after Trump call
UK Prime Minister Andy Burnham said he indicated to US President Donald Trump during a phone call that he would take a 'pragmatic' approach to North Sea oil and gas, and that his government could not ignore the resource when people are stru…
Bank of England holds rate at 3.75% in 6-3 MPC vote
The Bank of England's Monetary Policy Committee held the Bank Rate at 3.75% at its July 2026 meeting, with minutes and the decision published at 12pm on 30 July 2026. The vote was split 6-3, with three members favouring a rate increase. Gov…
Jersey Mike's Subs IPO raises $1 billion, priced at range midpoint
Jersey Mike's Subs recorded investor orders exceeding available shares by more than 10 times ahead of its Wednesday pricing, according to Bloomberg Markets. The sandwich chain is scheduled to debut on public markets Thursday following the I…
Apple Q2 2026 revenue $109.4bn beats estimates; Amazon also beat
Apple reported quarterly revenue of $109.4bn for Q2 2026, surpassing Wall Street estimates of $108.65bn, with earnings per share of $2.02 driven by iPhone and laptop sales. Amazon also beat revenue forecasts in the same reporting period. Bo…
Sainsbury's sells Argos to Swift Partners for £120m
J Sainsbury Plc (SBRY.L) has agreed to sell its Argos general merchandise business to Swift Partners, a newly established retail investment vehicle, for at least £120 million in cash. At least £70 million of that consideration is expected t…