π SoftBank shares have declined by 10% during trading in Asia, continuing a downward trend. Media reports have highlighted ongoing market concerns regarding the financial outlook for companies amid high spending on artificial intelligence. This sell-off in Asian technology stocks reflects the broader anxiety surrounding AI investments. For more details, visit CNBC.
π¨ The court has lifted the freeze on shares belonging to former Rusagro CEO Maxim Basov. This decision follows a request by the state prosecutor to comply with a ruling related to a lawsuit filed by the Attorney General's Office of the Russian Federation.
π° SBER Bank reported a net profit of 511.2 billion rubles for the second quarter of 2026, up from 423 billion rubles in the same period last year. For the first half of 2026, the bank's net profit reached 1.019 trillion rubles, compared to 859 billion rubles in the first half of 2025. This marks a significant growth in the bank's financial performance year-on-year.
π¦ Wildberries is seeking 100,000 square meters of warehouse space in Kazakhstan, reflecting its expansion strategy amid geopolitical developments. The move aims to enhance logistics and distribution capabilities in the region, ensuring better service delivery to customers. For further details, visit the full article here.
β¨ The SEC will issue its own regulations on cryptocurrencies if Congress fails to pass the CLARITY Act, according to SEC Chair Paul Atkins.
π¨ The Wildberries warehouse in Ryazan has temporarily halted deliveries, according to the company. Additionally, the warehouse in Sarapul, Udmurtia, has also suspended the acceptance of goods.
π«π·πΊ German Klimenko, head of the Digital Economy Development Fund, stated that "there will be no reverse processes until the end of the special military operation," regarding the prospects of Telegram in Russia. His remarks come as a response to discussions about the potential lifting of restrictions on the platform. For more details, visit BFM.
π¨ The head of Sakha Republic (Yakutia) has warned that abandoning coal generation poses a threat to Russia's national security. The statement highlights the critical role of coal in the country's energy strategy amid ongoing discussions about energy transition and sustainability. The implications of such a shift could have significant consequences for energy stability and economic resilience in the region.
π Sber Group has acquired an additional 7.9% stake in PAO "Element" for 5.4 billion rubles, according to a report by IF.
π The CEO of StanChart has stated that Chinese and American AI models possess similar capabilities.
π Sberbank has raised its forecast for the net interest margin in 2026 to 6.2%, up from approximately 5.9%. The bank maintains its capital adequacy ratio forecast at over 13.3%. Additionally, it has kept its return on equity forecast for 2026 at 22%. However, Sberbank has lowered its forecast for corporate lending growth in 2026 to 8-10%, down from 10-12%, while retail lending growth remains unchanged at 5-8%.
β οΈπ·πΊ Sberbank has revised its forecast for Russia's GDP growth in 2026, lowering it to 0-0.5% from the previous estimate of 0.5-1%.