# Corporate financial results and market performance > Live situation record from CLSTR: https://clstr.news/situations/corporate-financial-results-and-market-performance > Updated: 2026-08-23T02:27:47.000Z. Sources: 6. Developments: 2. In August 2026, several companies reported significant financial results and market movements. Kuros Group (also referred to as Kuros Biosciences) reported a strong first half of 2026, achieving its first historical net profit of $4.4 million. This was driven by a 45 percent increase in revenue to $92.4 million, fueled by market share gains in orthobiologics. Despite this growth, the company’s stock experienced a 6.1 percent decline due to profit-taking. On Holding AG reported record revenue of 850 million Swiss francs, a 13.5 percent increase from the previous year. However, the company missed analyst expectations of approximately 880 million francs, and growth in the US market slowed to 13 percent. This led to a 20 percent drop in its Wall Street stock price to $31.91. Other notable market activities included Lam Research exceeding revenue expectations due to the AI boom, Cabot Corporation issuing $350 million in new bonds, and gains in biotechnology stocks such as Corbus Pharmaceuticals and CRISPR Therapeutics. ## Timeline ### 2026-08-23: Moderna and Merck report breakthrough in personalized mRNA cancer vaccine trial Moderna and Merck report successful Phase 3 results for a personalized mRNA melanoma vaccine, significantly reducing cancer recurrence risk and triggering a massive surge in biotech stocks. 6 sources. https://clstr.news/cluster/various-companies-report-financial-results-and-market-shifts ### 2026-08-11: On Holding and Kuros report divergent financial results Swiss firms On Holding AG and Kuros Group reported mixed results: On saw a 20% stock drop despite record revenue, while Kuros achieved its first profit and confirmed annual growth targets. 4 sources. https://clstr.news/cluster/on-holding-and-kuros-report-divergent-financial-results --- Cite as: Corporate financial results and market performance. CLSTR, https://clstr.news/situations/corporate-financial-results-and-market-performance