The average wage in the second quarter of this year has again increased year on year - and not only nominally but also really (by 4.3%; in the first quarter, the increase in real wages was 4.4%). However, the real value of wages still does not reach the level of 2021, and it is likely to exceed it only next year. (translated)
The three largest Chinese airlines report total losses of 8.2 billion yuan due to high fuel prices and reduced demand, with the losses coming after a profit in the first quarter and continuing for the seventh consecutive year. (translated)
Nvidia recorded record quarterly revenues of $96 billion, more than double compared to last year, and expects further growth of 70%, although it faces challenges in technology supply due to manufacturing capacities despite strong demand. (translated)
„Hrubá tvorba fixního kapitálu stoupla o 1,5 procenta ve srovnání s předchozím čtvrtletím a meziroční tempo růstu zrychlilo již na 7,1 procenta. Rychleji rostla naposledy před čtyřmi roky,“
The Czech economy grew by 1.8 percent in the second quarter, with household consumption expenditures and investment activity positively affecting GDP, while foreign trade recorded a lower surplus balance. (translated)
The company Nvidia announced that it more than doubled its quarterly profit and revenue, and forecasted revenue of around $108 billion for the third quarter, thereby confirming its leading position in the artificial intelligence chip market; however, the company's stock slightly weakened after the results were published due to concerns about the sustainability of its dominant position and high stock prices in the AI sector. (translated)
The German economy is showing optimistic signs after years of uncertainty and inflation, as confirmed by the improving business climate, a GDP growth of 0.3% in the second quarter, and strong exports, with exporters' expectations reaching the highest levels since February 2022. (translated)
Nvidia will announce its revenue for the second quarter of fiscal year 2027 after the closing of U.S. exchanges today, with analysts expecting a significant increase to $92 billion, as the company faces high expectations and needs to not only meet estimates but also exceed expectations that these estimates will be surpassed, which also affects the development of its stock. (translated)
In the second quarter of 2026, the German economy grew by 0.3 percent, which exceeded expectations, with strong exports to the European Union being the main source of growth, while consumer spending and investment recorded only a slight increase. (translated)
The prices of land in the Czech Republic continue to rise rapidly, with a nine percent decrease in their supply in the second quarter, which drives prices up more than for houses and apartments, and in Prague, prices reach up to 22,700 crowns per square meter, while prices are also rising in the vicinity of large cities, narrowing households' options for finding more affordable housing. (translated)
The Japanese economy grew by 0.3% in the second quarter of 2026 due to robust exports and government measures, although the growth was slower than analysts had expected. (translated)
The Spanish economy surprisingly grew by 0.7% quarter-on-quarter and by 2.7% year-on-year in the second quarter of 2023, with growth being mainly supported by domestic consumption and the tourism sector, raising questions about the sustainability of this trend in the context of potential risks such as rising energy prices and geopolitical tensions. (translated)
The Russian economy is expected to return to growth in the second quarter, but threats associated with Ukrainian drone attacks on industrial and energy facilities may destabilize this fragile recovery, leading to fuel shortages and accelerating inflation. (translated)
The Norwegian sovereign fund, focused on financing the welfare state for future generations, recorded a profit of $184.3 billion in the first half of 2026, with investments in Asian technology stocks being the main contributor to this success, following a previous loss in the first quarter. (translated)
In the second quarter of 2023, the share of new buildings in Prague with a price exceeding 200 thousand crowns per square meter increased to nearly 29%, reflecting the growing tendency of developers to offer more expensive apartments and a shift towards smaller units, while average prices continue to rise. (translated)
Rents in Germany in the second quarter of 2026 increased by 3.2 percent year-on-year, with the largest rise in Düsseldorf (3.6 percent), while in Berlin they nearly stagnated (0.6 percent), which is a result of a housing shortage and a tightened supply in the market. (translated)
Berkshire Hathaway, under the leadership of the new CEO Abel, invested nearly half a trillion crowns in stocks during the second quarter of 2023, including a significant purchase of shares in Alphabet for $10 billion, signaling a more active approach to investments compared to his predecessor Warren Buffett, who had largely taken a more reserved stance in this regard. (translated)
Saudi Aramco is significantly benefiting from the war between the USA and Iran. The world's largest oil company increased its adjusted profit in the second quarter by 33% to $33.4 billion, despite producing less oil than a year ago. The main reason was the sharp rise in oil prices following the closure of the Hormuz Strait. (translated)
Palantir recorded revenues of $1.94 billion in the second quarter, significantly above analysts' expectations, and CEO Alex Karp labeled this quarter as "out of this world" due to a 149% year-over-year revenue increase in the U.S., while the company's stock rose by 29.5% on the exchange. (translated)
Oil giants, including Saudi Aramco, BP, and Shell, reported profits exceeding $50 billion in the second quarter of this year, which increased their total market capitalization by $600 billion, with Saudi Aramco achieving the highest profit with a 34% increase to more than $33 billion, while American producers such as Chevron and ExxonMobil also recorded significant profit growth. (translated)
