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Dave & Buster's Slides 17% on Q2 Miss; Enova Drops 15% After Grasshopper Bancorp Withdrawal

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Dave & Buster's Entertainment shares fell about 17% in premarket trading after the arcade‑restaurant company reported Q2 results that missed expectations. Revenue came in at $544.1 million, below the $556.8 million consensus from FactSet, while adjusted EBITDA totaled $98.9 million versus the $120.4 million forecast. The company also posted an adjusted loss of 27 cents per share, in contrast to the 18-cent per‑share profit anticipated by analysts.

Enova International declined more than 15% after it said it is withdrawing its regulatory applications tied to the proposed acquisition of Grasshopper Bancorp. The fintech lender reaffirmed its third-quarter and full-year guidance and announced a plan to accelerate its share repurchase program.

Sysco slipped nearly 2% after the foodservice distributor unveiled a common stock offering of 12.3 million shares priced at $81 each.

Etsy rose about 3% after Oppenheimer upgraded the stock to outperform from perform, citing potential artificial intelligence benefits for virtual shopping and a $90 price target, which implies roughly 21% upside from the prior close.

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Seres to Lead Aito Operations as Huawei Shifts to Support Role

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Seres and Huawei are reconfiguring their Aito smart-car partnership, shifting product, marketing, sales and service responsibilities from Huawei-led to Seres-led operations. Huawei will continue to provide support, and Harmony Intelligent Mobility Alliance will redirect more resources to Luxeed, Stelato, Maextro and Shangjie, according to Jiemian News.

The change grants Seres greater control over Aito pricing, technology procurement and service spending. Jiemian notes that Seres has been preparing a more flexible, asset-light approach through initiatives like AIVA, where Seres subsidiary Saidu Technology has collaborated with Volcano Engine on large-model and smart-cockpit technologies.

In its interim results for the first half of 2026, Seres reported revenue of 57.493 billion yuan, with a net loss attributable to shareholders of 1.717 billion yuan. Sales expenses were 8.471 billion yuan and research and development expenditure stood at 3.734 billion yuan. Impairment charges reduced net profit attributable to shareholders by about 1.751 billion yuan, as revenue from existing models fell short while technology upgrades progressed.

Under the new structure, Seres could acquire more functions on demand—such as intelligent driving, smart-cockpit systems and after-sales services—while keeping a larger share of related decision-making in-house.

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Sri Lanka Growth Misses Forecast as Oil Prices Rise on US-Iran Tensions

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Sri Lanka's economy grew less than forecast in the most recent quarter, according to Bloomberg.

Higher oil prices driven by renewed tensions between the United States and Iran added pressure to the recovery outlook, with the Middle East crisis lifting energy costs and weighing on growth prospects.

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Nvidia GeForce RTX 60 Series Expected in H1 2027

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Nvidia’s GeForce RTX 60 series, based on the Rubin architecture, is expected to launch in the first half of 2027.

Industry outlet ChainCatcher notes that supply constraints seen with the RTX 50 series could reappear, and prices at retail may run above Nvidia’s official MSRP.

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Oil Prices Edge Higher as Middle East Supply Risks Persist

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Oil prices rose as traders remained focused on potential supply disruptions in the Middle East.

A Markets note from the Wall Street Journal published on X indicated that investors were watching the risk of tighter crude supplies.

The gains reflected ongoing uncertainty around regional energy flows, keeping traders attentive to developments that could affect production and shipments.

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Ping An Digital Bank to appoint Yip Tik-Kei as chairman

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Ping An Digital Bank (International) announced that Yip Tik-Kei will assume the chairmanship, while Lau Yui-cheung will serve as an adviser to the chief executive officer.

Lau has led the bank as chair since November 2021 and is slated to step down on October 1, 2026. After his departure, he will advise the CEO and continue supporting the bank’s development.

Yip is scheduled to take over as chairman on October 1, 2026. He has been chairman and an independent non-executive director of Lufax since April 2025 and previously led Ping An Digital Bank from August 2019 to November 2021.

His career also includes senior roles at HSBC China, DBS Bank in Hong Kong and in China, Ping An Insurance Group, the former Ping An Bank, and Bank of Communications.

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Biscuit International Debt Deepens in Distress Amid Rising Costs

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Bloomberg reports that Biscuit International’s debt indicators have weakened further as demand slows and costs rise, signaling greater financial strain for the business.

The deterioration follows a debt-extension and restructuring agreement reached about three months earlier.

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