Equities

CJ CheilJedang Q2 2026 sales rise 10%, profit margins narrow
South Korea’s top food producer posted a 10% sales increase in Q2 2026, but rising costs squeezed net profit despite higher revenue.

Trulieve completes move from Canada to Delaware corporate domicile
U.S. cannabis firm Trulieve finalizes redomiciliation to Delaware after shareholder approval, shifting legal base from Canada to align with domestic operations.

Aurora Cannabis rejects Curaleaf’s takeover bid
Aurora Cannabis declines Curaleaf’s unsolicited $1.1 billion proposal, citing strategic misalignment and shareholder value concerns.

Annexon shares fall on clinical trial update
Biopharma firm's stock declines after dosing pause in phase 2 trial for ANX005. Shares down 12% in midday trade.

Crescent Capital BDC posts Q2 2026 NAV decline despite fee cuts
Management fee reductions failed to offset a 4.2% drop in net asset value for the business development company in the second quarter of 2026.

German EV sales rise as fuel prices jump amid Iran tensions
Electric vehicle registrations in Germany increased 20% in May as gasoline and diesel costs hit record highs, driven by Middle East supply concerns.

Bicara Therapeutics names new CEO, appoints CFO
Biotech firm Bicara Therapeutics appoints interim CEO and a new chief financial officer to strengthen leadership amid growth phase.

Huya shares drop on weak guidance despite narrower loss
Chinese live-streaming platform reports improved quarterly results but issues cautious revenue outlook, sending shares lower.

Johnson Matthey shareholders approve special dividend, share split
Special dividend of 150p per share approved alongside a 5-for-1 share consolidation to streamline capital structure.

Salzgitter swings to H1 2026 profit, HKM deal in focus
German steelmaker Salzgitter reports earnings rebound in first half of 2026, with turnaround aided by restructuring and HKM acquisition integration.

Octave posts $2.1bn impairment, Q2 revenue falls
Specialty insurer Octave reports a sharp drop in quarterly revenue and a $2.1 billion non-cash impairment charge, citing market conditions.

NVIDIA’s 800V DC architecture seen boosting AI power infrastructure stocks
Analysts highlight potential beneficiaries as NVIDIA’s new architecture drives demand for advanced power systems in AI data centers.

