Brie Carter

Lendlease (ASX:LLC) reported a $749 million full-year statutory loss due to non-cash impairments within its capital release unit.

UBS increased its quarterly call option exposure to BlackRock’s iShares Bitcoin Trust by more than 24-fold.

JB Hi-Fi (ASX:JBH) posted a 4.8% increase in annual sales to $11.06 billion amidst an uncertain retail environment.

Ethereum (CRYPTO:ETH) developers are reviewing 66 proposals for the Hegotá upgrade, planned for 2026.

• Cisco Systems (NASDAQ:CSCO) reported FY 2026 revenue of $63.3 billion, up 12%, as AI infrastructure orders reached $9.3 billion.
• Arista, HPE, Dell and Ciena are also reporting higher networking or AI infrastructure sales as data-center spending expands.
• The next phase depends on sustained AI infrastructure demand, product execution, supply availability and competition across networking architectures.

• The Reserve Bank of Australia kept its official cash rate at 4.35% for the second consecutive meeting, noting that persistent inflation keeps potential monetary tightening on the table.
• Australia's major banks trade on price-to-earnings ratios spanning 17.6 to 28.2, underpinned by robust capital positions and stable credit quality.
• Sector executives project that high borrowing costs and slowing domestic economic activity will continue to influence credit growth and loan impairment expenses.

• The Australian Productivity Commission released an interim report declaring the 2018 GST distribution reforms a costly error. The system shifted $23 billion to Western Australia and requires an immediate overhaul.
• Maintaining the current structure will cost the federal budget an estimated $60 billion by the end of the decade. This structural shortfall actively strains the fiscal capacity of eastern states.
• Returning to horizontal fiscal equalisation threatens Western Australia's economic surplus. It simultaneously unlocks $47 billion for eastern states, forcing civil contractors to re-evaluate domestic pipelines.

• BitGo reported 19% second-quarter revenue growth and US$4.3 billion in custody assets.
• Institutional crypto infrastructure firms are competing across custody, settlement, staking, and trading services.
• Regulation, security requirements, and institutional licensing remain the biggest barriers in this sector.

Super League (NASDAQ:SLE) reported Q2 gross revenue of approximately $3 million, while net revenue rose 16% sequentially to $1.24 million.

TuHURA Biosciences (NASDAQ:HURA) ended Q2 2026 with $1 million in cash as R&D spending rose to $6.6 million amid increased clinical activity.