The information provided on EL7.AI is for educational and informational purposes only and does not constitute financial advice.
The information provided on EL7.AI is for educational and informational purposes only and does not constitute financial advice.
Major corporations reported strong earnings for the first half of 2026, led by UBS Group and Reckitt Benckiser. UBS posted a Q2 net profit of $2.8 billion, driven by growth in wealth management and investment banking, and announced a $3 billion share buyback program. Reckitt reported accelerating sales growth, while The Weir Group saw increased orders fueled by mining activity in copper and gold. Despite the positive results, Morgan Stanley maintained an 'Underweight' rating on UBS while raising its price target to CHF 40.