Brie Carter

• The US administration imposed a 12.5% tariff on Australian exports following forced labour allegations across global supply chains.
• Energy markets spiked simultaneously as Brent crude hit US$91 per barrel, driving Australian capital city unleaded petrol prices up to $2.25 per litre.
• Australian federal leaders confirmed temporary fuel tax relief will expire on Aug. 2 while challenging export levies through diplomatic channels.

LyondellBasell (NYSE:LYB) reported second-quarter 2026 net income of $559 million, or $1.71 per diluted share, on sales of $9.2 billion, while adjusted EBITDA reached $2.1 billion excluding identified items.

AutoNation (NYSE:AN) reported second-quarter 2026 revenue of $6.9 billion, down 1% year over year, while adjusted earnings per share increased to $5.56 from $5.46.

T. Rowe Price Group (NASDAQ:TROW) reported first-quarter 2026 adjusted earnings per share of $2.52, exceeding analyst expectations of $2.36, with revenue reaching $1.86 billion.

Newell Brands (NASDAQ:NWL) reported second-quarter 2026 net sales of $2 billion, up 3% year over year, as core sales increased 2.3% and profitability improved.

Fortis (NYSE:FTS) reported second-quarter 2026 net earnings attributable to common shareholders of $396 million, or $0.78 per share, compared with $384 million, or $0.76 per share, in the prior-year quarter.

Magna (NYSE:MGA) reported second-quarter 2026 sales of $11 billion, up 3% year over year, outperforming a 2% decline in global light vehicle production.

Sony Group (NYSE:SONY) reported fiscal first-quarter 2026 net profit of ¥342.2 billion, up 32% year over year, as revenue increased across several business areas.

Quantum Solutions has sold 1,000 Ethereum (CRYPTO:ETH) as it redirects capital towards expanding its artificial intelligence business.

DPM Metals (ASX:DPM) reported net earnings of $230 million for the second quarter of 2026.