FactSet vs Porsche SE

Bank of America Bullish on Affirm Despite Modest Guidance

Affirm Holdings issued modest near-term growth guidance but beat fiscal fourth-quarter expectations, and Bank of America remains bullish. The bank reiterated a buy rating and raised its 12-month price target to $104 from $93, citing unmodeled growth vectors and potential catalysts such as a bank charter and brand-sponsored promotions. Affirm guided current-quarter revenue to $1.19 billion–$1.22 billion, above FactSet estimates. The article notes strong analyst support for the stock and recent substantial share gains over the past six months.

• Bank of America has a buy rating on Affirm and raised its 12-month price target to $104 from $93.
• Affirm reported fiscal fourth-quarter results that beat Wall Street expectations.
• Affirm guided current-quarter revenue to $1.19 billion–$1.22 billion, above the $1.16 billion FactSet estimate.

S&P 500 Profit Margins Reach Record Highs

FactSet data shows the S&P 500's blended net profit margin ran at 16.9% in Q2, up from 14.8% in Q1 and 12.9% a year earlier — a level that would be the highest since FactSet began tracking margins in 2009. Alphabet and Amazon are the largest contributors: Alphabet reported a 34% operating margin and a $98 billion gain in other income, while Amazon reported $53.4 billion in other income largely tied to its Anthropic investment and a 13.7% operating margin. Even excluding those two mega-caps, the index's margin was about 15%, also a record. Eight of 11 S&P 500 sectors showed year-over-year margin improvements, led by technology, communication services, consumer discretionary and energy. Vanguard economist Adam Schickling attributed the margin strength to strong demand and operating leverage, while noting competitive pressure in tech could pose future risks.

• FactSet reports the S&P 500 blended net profit margin at 16.9% for Q2.
• The S&P 500 margin rose from 14.8% in Q1 and 12.9% a year ago; five-year average is 12.4%.
• Alphabet reported a 34% operating margin and a $98 billion gain in other income in Q2.

Bank of America Sees More Upside for Nebius

Nebius Group's shares have surged roughly 210% year-to-date amid strong demand for AI-related cloud compute. Bank of America maintained a buy rating and raised its price target to $310 from $280, implying about 20% upside. Analyst Tal Liani cited Nebius’ expanding AI-optimized cloud infrastructure, global data center pipeline and management execution as drivers. Nebius reported better-than-expected Q2 results with adjusted EBITDA of $236.2 million (vs. $168.8M FactSet estimate) and revenue of $582.3 million (vs. $569.9M Street estimate), and reiterated full-year guidance including a target of 800MW–1GW of connected power by the end of 2026. The article notes broad Wall Street support, with 13 of 19 analysts rated buy/strong buy per LSEG data.

• Bank of America maintained a buy rating on Nebius Group and raised its price target to $310 from $280.
• Nebius reported Q2 adjusted EBITDA of $236.2 million, above the $168.8 million expected by analysts polled by FactSet.
• Nebius reported Q2 revenue of $582.3 million, topping the Street consensus estimate of $569.9 million.

Porsche SE beteiligt sich an US-Raumfahrtunternehmen Stoke Space

Porsche SE beteiligt sich an US-Raumfahrtunternehmen Stoke Space (08.09.2026). Zudem begrüßt Porsche SE die Entscheidung des Aufsichtsrates der Volkswagen Group zu umfassendem Zukunftsplan 2030 (03.09.2026).

Christian Lindner invests in tax startup Limetax

Former German finance minister Christian Lindner has invested a five-digit amount in the Berlin-based fintech Limetax, which acquires tax firms and uses AI to streamline their operations. Limetax raised €6 million in a pre-seed round, also backed by former Rocket Internet executive Alexander Kudlich. The startup follows a roll-up strategy, consolidating many small tax practices under one roof with modern IT solutions. Founders Christoph Gamon, Maximilian Meyer, and Christoph Dansard lead the company. This investment reflects a trend of prominent political figures engaging in the tech and fintech sector.

• Christian Lindner invested a five-digit amount in Berlin fintech Limetax.
• Limetax raised €6 million in a pre-seed financing round.
• Founders: Christoph Gamon, Maximilian Meyer, and Christoph Dansard.

Porsche SE begrüßt Entscheidung des Aufsichtsrates der Volkswagen Group zu umfassendem Zukunftsplan 2030

Porsche SE welcomes the decision of the Volkswagen Group Supervisory Board on the comprehensive Future Plan 2030. The company also issued an ad-hoc announcement regarding its approval of the plan.