Profits

BMW profits dropped nearly 45%, prompting a 1 billion euro restructuring plan targeting 8,000 voluntary departures with average severance packages of 125,000 euros.

Cellcom becomes one of the first Israeli companies to advertise on ChatGPT, coinciding with record financial results that saw Q2 2026 net profit surge 44% to 92 million NIS.

ICL reported strong Q2 results, with operating profit rising 47% to $266 million and net profit jumping 47% to $137 million. The growth was driven by higher potash prices and increased sales volumes.

ExxonMobil and Chevron, the two largest US oil companies, reported massive second-quarter profits following a surge in global oil prices driven by the war between the US and Iran.

Major US banks are reporting strong quarterly data, but investors are questioning whether this represents a sustainable trend or a temporary peak. Swiss bank Lombard Odier provides an analysis.