Latest news with #Aarhus
Yahoo
12 hours ago
- Business
- Yahoo
Recent Academic Research Shows Which Q2 Earnings Reports Could Have the Biggest Impact on Markets
The unofficial start of the next earnings season is still roughly a month away, but recent research out of the University of California, San Diego and Aarhus University (featuring Wall Street Horizon data) might have investors preparing differently for Q2 2025 results. The study, Warp Speed Price Moves: Jumps after Earnings Announcements, recently published in the Journal of Financial Economics, shows how efficient markets are at pricing in earnings results. The authors found that earnings reports can move stock prices in milliseconds, and not just the stock of the reporting company, but often the stocks of peers in the industry, or even entire markets as a whole.[1] The research also shows that the effect is strongest from companies that report early in the season, and for companies that report after market close. After-hours earnings announcements cause stock prices to move over 90% of the time, while significant price movements during regular trading hours or in non-announcement sessions were less common. Co-Author of the study, Allan Timmermann of UCSD's Rady School of Business commented With earnings announcements, traders deal with these every day and they are very good at gauging the impact of companies being able to meet and beat expectations or missing them. We find that it can be very costly to miss expectations - this often leads to sharp drops in prices, sometimes affecting entire sectors.[2] A good example of this occurred just last Wednesday, June 11, 2025. Oracle, one of the early reporters each earnings season, released their results for fiscal Q4 2025 (equivalent to calendar Q2 2025) after-the-bell. The mega-tech company beat Wall Street's expectations on the top and bottom-line due to strength in their cloud segment. The company also commented that AI demand would drive cloud infrastructure revenue up 70% for fiscal 2026.[3] Such bullish comments lifted the stock more than 11% after the report, and into Thursday big tech stocks also surged with the S&P 500 tech sector leading the index higher for the day. The strength of tech lifted equity markets higher on Thursday, with S&P 500 up 0.36% and the Nasdaq Composite gaining 0.21%, and Oracle closed out the week at a record high. Given this information, we took a look at the large cap names that are releasing results early in the reporting season for Q2, and after-the-bell. According to the study these could be some names to keep an eye on in the coming weeks: Source: Wall Street Horizon, Note: United Airlines is currently unconfirmed as of June 13, 2025. As the unofficial start of the Q2 earnings season draws near, the research suggests that not all earnings reports are created equal in their market-moving potential. The combination of an early reporting date and an after-hours release appears to be a potent formula for influencing not just a single stock, but entire sectors and the market as a whole. The reports from the companies listed above, among others, could therefore be critical viewing for investors looking to gauge how Q2 reports could impact markets this summer. 1 Warp Speed Price Moves: Jumps after Earnings Announcements, Journal of Financial Economics, Christensen, Kim and Timmermann, Allan and Veliyev, Bezirgen, May 2025, 2 Earnings News Cause Immediate Stock Price Jumps, Sometimes Moving Whole Market, UC San Diego Today, March 18, 2025, 3 Oracle Announces Fiscal 2025 Fourth Quarter and Fiscal Full Year Financial Results, June 11, 2025, Copyright 2025 Wall Street Horizon, Inc. All rights reserved. Do not copy, distribute, sell or modify this document without Wall Street Horizon's prior written consent. This information is provided for information purposes only. Neither TMX Group Limited nor any of its affiliated companies guarantees the completeness of the information contained in this publication, and we are not responsible for any errors or omissions in or your use of, or reliance on, the information. This publication is not intended to provide legal, accounting, tax, investment, financial or other advice and should not be relied upon for such advice. The information provided is not an invitation to purchase securities, including any listed on Toronto Stock Exchange and/or TSX Venture Exchange. TMX Group and its affiliated companies do not endorse or recommend any securities referenced in this publication. This publication shall not constitute an offer to sell or the solicitation of an offer to buy, nor may there be any sale of any securities in any state or jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction. TMX, the TMX design, TMX Group, Toronto Stock Exchange, TSX, and TSX Venture Exchange are the trademarks of TSX Inc. and are used under license. Wall Street Horizon is the trademark of Wall Street Horizon, Inc. All other trademarks used in this publication are the property of their respective owners. This article first appeared on GuruFocus.
Yahoo
13 hours ago
- Science
- Yahoo
Viking Age burial of chieftain with 'enormous power' found in Denmark — and he may have served Harald Bluetooth
When you buy through links on our articles, Future and its syndication partners may earn a commission. Archaeologists in Denmark have discovered 30 Viking Age graves likely of an elite family that may have served under Harald Bluetooth, the famed king of Denmark and Norway who ruled during the 10th century. The remarkable graves contained coins, pearls and ceramics, according to a translated statement from Moesgaard Museum, which ran the excavation. Burials from the Viking Age (A.D. 793 to 1066) are not uncovered very often, Liv Stidsing Reher-Langberg, an archaeologist at the museum and excavation leader at the burial site, told Live Science in an email. Most graves from this time are found with few or no grave goods, she added. These newly unearthed burials in Lisbjerg, near Aarhus, however, came with an unusual number of lavish items, suggesting that the people buried in them were prosperous and of high status. "The burial site here at Lisbjerg is quite special," Reher-Langberg said. The archaeologists had previously found a chieftain's farm nearby, so they associated these graves with him. This nobleman would have been part of the aristocracy at the time, just below King Bluetooth in the social hierarchy. Bluetooth was extremely influential, joining the tribes of the region into one kingdom — which is why the technology that unites electronic devices is named after him. "The chieftain in Lisbjerg had enormous power — economically, politically, religiously and socially," Reher-Langberg said. The graves, which likely date to the late 900s, are of varied size and extravagance. This disparity could indicate a mix of social statuses among the buried, possibly the chieftain's family and their enslaved people, the archaeologists said in the statement. Related: 1,000-year-old Viking Age hoard has a pendant that may be a cross or Thor's hammer The "most exceptional" grave was a woman's casket, Naja Kjærgård Laursen, a spokesperson at Moesgaard Museum, said in an email. The coffin "had the finest fittings, rivets, and an advanced locking mechanism," Reher-Langberg added. Image 1 of 2 Pearls were among the impressive goods found in the Viking Age graves. Image 2 of 2 Researchers used X-ray imaging to see which grave goods were hidden in the newly discovered burial site in Lisbjerg, Denmark. Using X-ray imaging, the team found that the casket contained ornate personal belongings, including jewelry, a needle and an elegant pair of scissors. They found more goods in other graves, as well as the teeth and bones of some of the buried individuals. Preliminary investigations in the area indicated there were traces of the pre-Roman Iron Age (500 to 1 B.C.). But even after finding the chieftain's farm nearby, they didn't have any reason to anticipate the Viking Age graves were there, too. It was "a huge surprise," Reher-Langberg said. "We simply had no expectations of finding graves." Related Stories —50 Viking Age burials discovered in Denmark, including a woman in a rare 'Viking wagon' —Viking Age woman was buried with her dog in an elaborate 'boat grave,' excavations reveal —Oseberg tapestry: Viking Age artwork from a boat burial that may depict the Norse tree of life Now that the excavations are almost complete, the team has sent many of the objects to be analyzed and preserved by the museum's Natural Science and Conservation department, Kjærgård Laursen told Live Science. The human remains, wood and soil from the excavation will also be analyzed. "Hopefully, all this will lead to even more studies" in the area, Reher-Langberg said. These artifacts will go on display at Moesgaard Museum in Denmark this summer.
Gizmodo
a day ago
- Science
- Gizmodo
Archaeologists Unearth Viking-Era Burial With Incredibly Rare Casket
The 30 Viking graves range from richly furnished to bare-bones, hinting at a burial ground for both nobles and the people they enslaved. Archaeologists from Denmark's Moesgaard Museum have uncovered 30 Viking Age graves dating from 800 to 1050 CE, just under five miles north of Aarhus. Located near the town of Lisbjerg, the burial site has yielded a number of spectacular objects hinting at ties with Danish royalty. 'The burial site is most likely connected to the Viking-era manor in Lisbjerg, which is less than a kilometer from the burial site,' Mads Ravn, an archaeologist from Moesgaard and Viking Age expert, explained in the Moesgaard statement announcing the discovery. 'The objects we have found in the graves tell us that those buried here were people of high status—it could be the extended family from the farm that is buried here.' However, the varying grave sizes and grave goods also suggest that people of different social classes were laid to rest here, potentially nobles and the people they enslaved. According to the archaeologists, the graves are pagan and probably date to the 900s. In fact, Ravn told the AFP that the burial might include one of Harald Bluetooth's earls or stewards. The Viking Age saw Denmark's first kings rise to power and Aarhus become one of the region's most important royal and trade centers. Harald Bluetooth was king during the second half of the 10th century. He is best known for unifying Denmark, converting the country to Christianity, and conquering Norway—as well as inspiring the name of the familiar wireless technology. The Lisbjerg burial includes grave goods such as coins, ceramics, and a rare casket. Archaeologists left the casket within a block of soil in order to complete the excavation of the artifact in a laboratory, according to The History Blog. Nevertheless, X-ray images reveal that the wooden box is around 12.6 square inches, likely made of oak, and features fancy rivets, potentially silver-plated fittings, and a locking mechanism. It contains pearls, a pair of scissors around 5.5 inches long (14 centimeters), an intricate silver bead, a needle, gold thread, possibly a brooch and a ribbon with gold thread, as well as the teeth and bones of a deceased individual. The researchers suggest that the casket likely belonged to an important woman. It represents a rare specimen of just a few such objects known to scholars, including one unearthed in the town of Haldum, just 7.5 miles (12 km) from Lisbjerg. As reported by The History Blog, the fittings of the newly discovered casket are also similar to those of the beautiful ninth-century Bamberg Casket, an extremely ornate Viking box with a complex locking mechanism currently housed in the Bavarian National Museum in Munich. Overall, 'the finds in Lisbjerg are part of a series of previous fine finds in the Aarhus area,' said Kasper H. Andersen, a historian at Moesgaard also specialized in the Viking Age. 'Together, they paint the picture of an aristocratic environment that was linked to royal power, and which was part of the Vikings' vast and dynamic world.'
Bloomberg
2 days ago
- Business
- Bloomberg
Schouw Said to Pick Banks for IPO of $2 Billion Fish Feed Unit
Schouw & Co. has picked banks to help arrange a potential Copenhagen initial public offering of Danish industrial fish feed business BioMar Group, according to people familiar with the matter. The Aarhus, Denmark-based company selected DNB Carnegie Holding AB, Morgan Stanley, Danske Bank AS and Nordea Bank Abp to lead BioMar's share sale, the people said, asking not to be identified as the information is private. BioMar's valuation could be about $2 billion in an IPO, the people said.
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The Independent
3 days ago
- General
- The Independent
Surprise grave find reveals secrets of Viking king
Archaeologists in Denmark have discovered over 30 Viking -era graves near Aarhus, including the coffin of an important 10th-century woman. The burial site was found after construction work uncovered artefacts like pearls, coins, and ceramics, indicating gifts in Viking graves. Grave findings, including a box with pearls, suggest a connection to the Danish monarchy and high-status individuals, possibly related to a nearby nobleman's farm. The discoveries indicate that the Danish town was a seat of power in the 900s during the reign of Viking king Harald Bluetooth. A magnificent wooden coffin, likely belonging to an important woman, contained items like scissors, a silver bead, and gold thread, suggesting she may have been one of Harald Bluetooth's earls or stewards.
