Pacific Edge advances APAC business towards profitability
Pacific Edge (ASX:PEB) announced that its Asia Pacific business is advancing towards profitability on a direct-cost basis.

Finance journalist at Grafa. Covers tech, crypto, and markets, making complex finance clear for all. Passionate about innovation and trends.
Pacific Edge (ASX:PEB) announced that its Asia Pacific business is advancing towards profitability on a direct-cost basis.
President Donald Trump said the United States was reinstating a naval blockade on Iran after Tehran claimed it had closed the Strait of Hormuz, a major global oil shipping route.
Virtus Investment Partners (NYSE:VRTS) reported preliminary assets under management of $152.2 billion and other fee-earning assets of $1.7 billion, bringing total client assets to $153.9 billion as of June 30, 2026.
Diana Shipping (NYSE:DSX) extended its tender offer to acquire all outstanding shares of Genco Shipping & Trading (NYSE:GNK) it does not already own through July 24, 2026, after shareholders tendered 11.08 million shares.
The Ethereum Foundation's Protocol Security team identified and patched a significant security vulnerability in the network's core software after deploying coordinated artificial intelligence agents to analyse the codebase.
Bristol Myers Squibb (NYSE:BMY) announced that the U.S. Food and Drug Administration accepted its New Drug Application for mezigdomide in combination with carfilzomib and dexamethasone, known as MeziKd, for patients with relapsed or refractory multiple myeloma.
Meta Platforms (NASDAQ:META) announced that its data center in Richland Parish, Louisiana will expand to 5 gigawatts of computing capacity as the company increases infrastructure supporting its artificial intelligence development.
Takeda (NYSE:TAK) and the Indonesian Government announced a landmark multi-year collaboration to enhance domestic health resilience and access to lifesaving therapies.
CoinGlass's Altcoin Season Index has risen to 58, suggesting more money is moving from Bitcoin (CRYPTO:BTC) into altcoins.
A home miner using a US$150 Bitaxe device mined a Bitcoin (CRYPTO:BTC) block and earned about US$200,000.