Markets

Joby Aviation to buy Resonant Sciences for $500 million
Deal expands Joby’s eVTOL technology portfolio as it targets commercial air mobility rollout by 2025.

Liberty Media raises $600 mln via convertible notes due 2032
Proceeds to fund general corporate purposes including potential acquisitions or debt refinancing. Notes convertible into Liberty Media shares at a premium.

Pakistan says U.S. and Iran close to diplomatic arrangement
Defense minister cites ongoing talks to ease tensions between Washington and Tehran, with regional implications for energy and trade flows.

Spinneys posts Q2 2026 sales growth despite regional instability
Q2 2026 results show mid-single-digit revenue increase as retailer navigates supply chain and geopolitical challenges in core markets.

ADNOC Logistics posts record Q2 profit, raises guidance again
UAE state-linked logistics unit posts record quarterly profit and raises full-year guidance for the third time, citing strong energy sector demand.

Neuronetics shares surge 15% after Q2 earnings beat
Medical device maker posts better-than-expected revenue and profit, lifting shares despite broader sector pressures.

Russia proposes exchange trading of Bitcoin, Ether, USDT
Central bank seeks to integrate major cryptocurrencies into regulated markets after Putin signs enabling legislation.

Bosch Q1 FY27 revenue beats forecast as margins rise to 14%
German industrial group Bosch reported first-quarter revenue above analyst expectations and operating margins of 14%, signaling resilient demand despite macroeconomic headwinds.

Pitti Engineering Q1 FY27 results show strong growth, higher capacity use
Automotive component maker Pitti Engineering reported robust quarterly growth and improved plant utilization in Q1 FY27, reflecting strong industry demand.

Gold surges toward $5,000 amid debt, oil and geopolitical risks
Analysts cite rising U.S. debt, energy-price inflation and Middle East tensions as catalysts for a potential historic rally in the yellow metal.

Amara Raja Q1 FY27 revenue jumps 24% as margins narrow
India’s Amara Raja reports strong quarterly growth driven by volume expansion, though profit margins decline amid rising costs.

Zydus Q1 FY27 revenue rises 22% but margins shrink
Indian drugmaker posts strong top-line growth amid rising cost pressures, with net profit guidance unchanged.

Signet Jewelers names new presidents for Zales, Blue Nile
Company appoints leaders for two key brands as part of leadership restructuring. Changes take effect immediately.

RTL Group says H1 2026 streaming unit profitable, Sky deal finalized
Media group reports first profitable quarter for streaming division while closing acquisition of Sky Deutschland. Shares rise on improved outlook.

MoneyGram enables crypto-to-cash transfers via Solana network
MoneyGram integrates its global payout network with Solana wallets and apps, allowing users to convert crypto holdings into local currencies. The service targets cross-border transactions across 200+ countries.

Bicara Therapeutics shares rise 3% on trial enrollment progress
Stock gains follow update on pivotal trial enrollment for Bicara Therapeutics' experimental therapy. Shares advance 3% in early trading.

Australia’s corporate watchdog suspends Cryptolink over compliance failings
Cryptolink’s registration suspended after regulator cites missing transaction reports and unanswered information requests, forcing 96 ATMs offline.

CalciMedica shares rise 6% despite Q2 loss on trial data
Biotech firm posts wider-than-expected loss as pulmonary trial results miss expectations, yet stock climbs on investor optimism.

ECARX shares rise 3% after narrower loss, revenue growth
Chinese automotive tech firm ECARX reports improved quarterly results, with shares climbing 3% as losses shrink and revenue expands.

Janus International shares drop 14% on weak outlook despite earnings beat
Company posts better-than-expected quarterly earnings but issues cautious full-year guidance, prompting a sharp selloff in shares.

Ceragon shares jump 4% after Q2 earnings beat
Israel-based telecom equipment maker posts better-than-expected quarterly results, lifting shares despite broader sector headwinds.

Legend Biotech shares gain 5% after earnings, revenue top estimates
Legend Biotech reported quarterly results that exceeded analyst expectations, lifting shares by 5% in premarket trading.

Autolus shares rise 3% after Q2 earnings beat, higher revenue outlook
Biotech firm Autolus reports better-than-expected second-quarter results and raises full-year revenue guidance, lifting shares by 3%.

Littelfuse appoints Plexus CEO Todd Kelsey to board
Littelfuse adds Todd Kelsey, CEO of Plexus, to its board of directors, expanding industry expertise in electronics manufacturing.

Stardust Power appoints V. Ray Rivers to board
Renewable energy firm Stardust Power adds former utility executive V. Ray Rivers to its board, signaling strategic expansion in solar and storage.

