Economy
Australian unemployment rate held at 4.4% in June
The Australian unemployment rate remained steady at 4.4% in June following a 76,000 person surge in total employment.
Liezl Gambe
Finance JournalistFinance journalist at Grafa with years of experience covering Asia-Pacific financial markets at S&P Global, Mortgage Ezy, and GMA Network.
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Ramp launches Solana stablecoin business accounts
Ramp launched business stablecoin accounts powered by Solana (CRYPTO:SOL), allowing companies to send, receive and hold digital dollars.
Cryptocurrency
Grayscale says Fed pause could lift Bitcoin
Grayscale's head of research, Zach Pandl, said Bitcoin (CRYPTO:BTC) may have reached its market bottom if the US Federal Reserve pauses interest rate hikes.
James Hardie forecasts Q1 FY27 revenue of $1.48B
James Hardie (ASX:JHX) raised its first-quarter revenue outlook to between US$1.45 billion and US$1.48 billion.
Energy
Genesis Energy flags lower earnings despite $189 netback
Genesis Energy (ASX:GNE) expects full-year earnings at the lower end of guidance following warmer fourth-quarter temperatures.
Australian government rejects new gas export tax
The Australian government ruled out a gas export tax on July 22 despite internal party pressure ahead of July 23’s national conference.
Auto and cars
Tesla sales jump 26% as revenue reaches $28.2 billion
Tesla (NASDAQ:TSLA) reported second-quarter revenue of $28.2 billion, up 26%, while net income fell 5% to $1.1 billion.
Financial
Norwood Financial posts $9.3 million quarterly net income
Norwood Financial (NASDAQ:NWFL) reported second-quarter net income of $9.3 million alongside a diluted earnings per share of $0.86.
Old National quarterly net income rises to $249.4 million
Old National Bancorp (NASDAQ:ONB) reported second-quarter net income of $249.4 million alongside a diluted EPS of $0.65.
Healthcare Services Group announces $470.8 million quarterly revenue
Healthcare Services Group (NASDAQ:HCSG) reported second-quarter revenue of $470.8 million to reach a diluted earnings per share of $0.32.