Klarna Posts $9 Million Q2 Profit but Cuts 2026 Volume Outlook

Klarna cut its 2026 GMV forecast to between $149 billion and $151 billion from more than $155 billion even as second-quarter revenue rose 27% and net income reached $9 million.

Klarna cut its 2026 GMV forecast to between $149 billion and $151 billion from more than $155 billion even as second-quarter revenue rose 27% and net income reached $9 million.

Bankruptcy declarations in the 21-country euro area rose 6.9% from Q1 on a seasonally adjusted basis, reversing the prior quarter’s decline as new business registrations slipped 0.1%.

BHP’s underlying EBITDA rose 27% to US$32.9 billion in fiscal 2026, with copper contributing 54% of the group total for the first time over a full year.

Second-quarter comparable sales rose 1.7%, net earnings reached $4.8 billion and Home Depot kept its fiscal 2026 sales and earnings ranges unchanged.

UK job vacancies fell to 707,000 in the three months to July, while payroll employment remained below year-earlier levels and private-sector pay growth slowed to 2.8%.

Dream Finders expects its post-merger capital structure to include about $1.3 billion of senior unsecured notes and roughly $675 million of redeemable preferred stock, while final financing terms remain subject to change.

The deal brings Omnetics’ miniature high-reliability connector business into Arxis’s Electronic Components segment, with former shareholders receiving about 3.1% of Arxis common stock.

Fuel import prices fell 7.2% in July, outweighing a 0.4% rise in nonfuel import prices, while U.S. export prices dropped 1.3%.

The seven-year award is designed to support annual production of more than 1,000 Tomahawks, giving RTX long-term demand visibility as the United States works to restore missile inventories.

Spot gold rose 1.2% to $4,426.52 by late morning in New York as the dollar slipped to a more-than-two-month low and September Fed hike odds fell to about one-third.