Markets

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.

ZenaTech initiates in-house circuit board flight tests
Company advances toward self-sufficiency in avionics manufacturing with proprietary circuit board prototypes undergoing evaluation.

Enviri shares slip after Q2 loss, beat EBITDA target
Second-quarter loss narrows but misses revenue estimates as adjusted EBITDA exceeds expectations.

Oman, Iran in advanced talks on Hormuz security: Qatar
Qatar says Oman and Iran are in advanced negotiations to enhance security in the Strait of Hormuz, a critical oil shipping route.

Bitcoin and stocks face pressure as safe assets lure capital
Historical parallels from the 1960s–90s suggest rising demand for safe assets could weigh on risk assets like bitcoin and equities. Analysts warn of potential capital reallocation.

Vestis shares surge 8% after Q3 miss, cash flow outlook raised
Vestis reported weaker-than-expected third-quarter earnings but upgraded its full-year cash flow guidance, lifting shares despite the miss.

Coinbase secures Abu Dhabi license for tokenized asset trading
U.S. crypto exchange receives regulatory approval to offer tokenized securities in Abu Dhabi, marking a key step in its global expansion into onchain finance.

South Africa’s manufacturing output declines 1.7% in June
Factory production falls for a second straight month as weak domestic demand and power constraints weigh on industry.

Ravencoin mining pools to roll back four days of transactions after flaw
Major mining pools are constructing a replacement chain to address a critical block validation error, potentially reversing transactions from the past four days.

ATS shareholders re-elect directors, approve $100m buyback
Shareholders of ATS Corporation re-elected all board members and authorized a $100 million share repurchase program. The moves follow strong Q2 earnings and guidance upgrades.

Phio Pharmaceuticals granted U.S. patent allowance for PH-894
Patent allowance for PH-894, a preclinical candidate in oncology, follows prior regulatory approvals for Phio’s RNAi platform.

Invesco assets under management fall 0.9% to $2.45 trillion in July
Monthly decline reflects broader market trends as global equities and fixed income face mixed performance across regions.

CenterPoint Energy forecasts $5 billion in savings for Texas customers
Utility projects decade-long cost reductions through efficiency and infrastructure upgrades. Savings to be shared with ratepayers under state regulations.

NeurAxis posts 116% revenue growth in Q2 2026
AI-driven software firm NeurAxis reports second-quarter revenue surge, driven by enterprise demand and product expansion.

Pound slips as dollar steadies ahead of U.S. CPI data
Sterling weakens against a firmer dollar as investors await key U.S. inflation figures that may influence Federal Reserve policy.

Parsons wins $40 million Army contract for electromagnetic warfare
Defense contractor Parsons secures a $40 million U.S. Army contract to develop electromagnetic warfare systems, expanding its role in military modernization efforts.

Duke Energy raises $1.75 bln via equity units offering
Utility secures capital through structured equity units priced at $1.75 billion, with proceeds to fund growth initiatives and balance sheet management.

Public firms tap bitcoin-backed loans for acquisitions, capex
Institutional adoption of bitcoin-backed lending rises as companies secure funding without liquidating holdings, according to Two Prime.

Babcock & Wilcox wins 1GW turbine contract with Siemens Energy
Deal underscores growing demand for large-scale power generation solutions amid energy transition. Shares of Babcock & Wilcox rise on contract news.

XCF Global sells renewable diesel to Tartan Oil unit
Transaction underscores growing demand for biofuels amid tightening environmental regulations and energy transition trends.

Cardinal Health raises quarterly dividend to $0.5158 per share
Healthcare services firm increases payout by 3.9% from prior quarter, aligning with its capital return strategy.

Blue Moon Metals buys 33 U.S. tungsten, antimony projects
Acquisition expands junior miner's portfolio in critical minerals amid rising demand for battery and defense applications.

Venture Global shares drop after revenue miss despite earnings beat
Stock falls 5% as revenue misses estimates while profit exceeds forecasts, reflecting investor scrutiny of growth trajectory.

JBS shares dip after adjusted earnings miss forecasts
Brazil-based meatpacker reports adjusted earnings below analyst expectations, prompting modest decline in stock price.

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.

