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Vertiv Shrugs Off Revenue Miss, Guides Full-Year Earnings Up as AI Demand Tightens Margins

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‼️ BREAKING: Vertiv Holdings falls after the company’s second-quarter revenue misses Wall Street expectations. Vertiv reports second-quarter sales of $3.27 billion, missing analyst estimates, while adjusted earnings of $1.52 a share beat expectations. Vertiv raises its full-year forecast to adjusted earnings of $6.65 to $6.75 a share on net sales of $13.8 billion to $14 billion. 

Deutsche Bank Crushes Q2 Expectations as Fixed-Income Trading Surges to Record €2.6B

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‼️ 🇩🇪 BREAKING: Deutsche Bank AG’s revenue from fixed-income trading jumped in the second quarter as the unit outperformed most of its US peers. The metric rose 16% over last year’s period to hit €2.6 billion ($3 billion) “driven by rates and credit.” That compared with analyst expectations for €2.4 billion. Deutsche Bank said the result was a record for the second quarter, helping to push profit in the period to €1.9 billion