Financial News on August 12, 2026

16. France finalized the allocation plan for its 2026 excess profits tax revenue on August 12, directing the full €12 billion toward subsidies for household food expenses and winter energy bill relief. 17. Nokia announced on August 12 an expanded investment budget for its European-based 800G optical module production line, aiming to capture high-speed communication hardware procurement orders from AI data centers in North America and Europe. 18. BHP raised its mineral exploration budget for the next five years by 40%, announcing on August 12 a strategic focus on lithium, copper, and nickel—the core metals for electric vehicle batteries—to align with long-term global demand for new-energy vehicles. 19. According to the World Gold Council’s June report on central bank gold holdings, central banks worldwide have recorded net gold purchases for 18 consecutive months; in June alone, they added 68 tonnes—geopolitical risk aversion continues to support higher international gold prices. 20. The Central Bank of Russia cut its key interest rate by 25 basis points to 14% in July—the third reduction this year—and on August 12 economists interpreted the move as aimed at lowering corporate financing costs to counter domestic economic slowdown pressures. 21. The UK’s June CPI year-on-year inflation fell to 2.6%, the lowest level in 15 months; on August 12, multiple international investment banks issued research reports forecasting that the Bank of England will initiate a rate-cutting cycle in Q4 2026. 22. Kioxia reported Q1 FY2026 operating profit of ¥1.27 trillion—below market expectations—and on August 12 announced plans to lock in 50% of its memory chip production capacity via long-term fixed-price supply agreements starting in FY2028. 23. Moderna’s Phase II clinical trial data for its second-generation norovirus vaccine failed to meet pre-specified endpoints; on August 12, the company formally terminated development of this version and launched a new round of clinical trials featuring molecular structure re-optimization. 24. The Bank of Canada released its Financial Stability Assessment Report on August 12, highlighting rising default risks in commercial real estate loans and announcing regular, ongoing quality checks on commercial banks’ real estate loan portfolios. 25. ExxonMobil and Chevron reported adjusted Q2 net profits of $14.7 billion and $12.0 billion, respectively; on August 12, both oil majors announced increased investments in deepwater oil and gas exploration in the Gulf of Mexico. 26. BP completed the divestment of aging North Sea oil and gas assets on August 12, disposing of low-efficiency fields operated for 60 years to optimize its global portfolio and reduce cost burdens. 27. Seagate Technology…

AI-Driven Growth Explodes: Palantir’s Q1 Revenue Soars 85%; Full-Year Guidance Raised Far Beyond Expectations | Earnings Insights

Fueled by accelerating AI commercialization and strong demand from the U.S. government, Palantir delivered an exceptionally strong earnings report. On Monday, April 4 (U.S. Eastern Time), after U.S. market close, Palantir reported that its overall Q1 2026 revenue surged 85% year-on-year—the highest growth rate since its 2020 IPO—and exceeded analyst consensus by 5.8%. Revenue from the U.S. market doubled, with the growth trajectory continuing to steepen significantly. Adjusted EPS for Q1 stood at $0.33, nearly 18% above the consensus estimate of $0.28. Even more notable was the guidance update. Palantir raised its full-year 2026 revenue growth forecast to 71% and lifted its U.S. commercial revenue growth outlook to 120%. Its updated full-year revenue guidance range represents an increase of over 6% versus its prior forecast. Against a backdrop where most software companies face tightening budgets and skepticism about AI’s commercial viability, this robust guidance markedly exceeds market consensus—and signals strong management confidence in order demand, customer expansion, and AI product monetization. Structurally, Palantir’s growth remains anchored in the U.S. market—particularly its U.S. commercial business. Over recent quarters, the company has consistently driven enterprise clients—from pilot projects toward large-scale deployment—around its AI Platform (AIP). This quarter’s results further confirm that Palantir’s AI narrative is shifting decisively from ‘conceptual premium’ to ‘revenue realization.’

Calumet, Inc. Reports Q2 2026 Earnings Results

Aug 7, 2026

Calumet Specialty Products Partners reported Q2 2026 revenue of $1.45 billion, a 40.77% year-over-year increase. The company exceeded earnings estimates with an EPS of $0.68, surpassing expectations by $0.52.

Seeking Alpha

2026-08-07

Calumet (NASDAQ:CLMT) Surprises With Strong Q2 CY2026 Results

2026-08-07

Calumet Specialty Products Partners Reports Second Quarter 2026 Results

2026-08-07

Calumet, Inc. Reports Q2 2026 Earnings Results

2026-08-08

Calumet, Inc. Reports Q2 Revenue $1.45 Billion, Surpassing Estimates

2026-08-08

Calumet Inc. Reports Q2 2026 Revenue of $1.45B, EPS ($1.09)