Ryoncil launch drives Mesoblast financial turnaround in H1
Mesoblast (ASX:MSB) logged total revenue surged to US$51.3 million in H1 FY26, an increase from the US$3.2 million recorded in the prior year period.
Mesoblast (ASX:MSB) logged total revenue surged to US$51.3 million in H1 FY26, an increase from the US$3.2 million recorded in the prior year period.
Harvey Norman (ASX:HVN) has reported its results for the half-year ended Dec. 31, 2025, headlined by a 16.5% increase in profit before tax to $466.3 million.
Netflix has decided not to increase its bid for Warner Brothers Discovery, citing that the deal is no longer financially attractive despite previously considering it value-creating. This announcement follows Paramount's offer being declared the superior deal by Warner Bros. Seven Letter Partner Annalyse Keller, Democratic Strategist Arshi Siddiqui and Bloomberg's Kailey Leinz discuss on "Balance of Power: Evening Edition."
PEXA Group (ASX:PXA) saw group revenue climb 10% to $215.3 million in H1 FY26, compared to $195.9 million in the previous year.
Warner Bros. Discovery said a new $111 billion offer from Paramount Skydance is a better deal for shareholders than the one it agreed to earlier with Netflix. Netflix will now have four business days to come up with a new proposal that beats Paramount or it will lose the fight for one of the industry's oldest film and TV studios. Paramount has offered $31 a share for all of Warner Bros. while Netflix has bid $27.75 a share for the company's studios and HBO business. Paramount Chief Executive Officer David Ellison has been pursuing Warner Bros. for months, efforts that prompted the parent of HBO and CNN to put itself up for sale in October. After Warner Bros. signed a deal in early December with Netflix, Paramount kept up the fight. Bloomberg News Senior Editor and Entertainment Team Leader Chris Palmeri joins Bloomberg Businessweek Daily to discuss. He speaks with Carol Massar and Tim Stenovec.
Nvidia, the dominant maker of artificial intelligence chips, suffered its worst stock decline in 10 months after the company's latest forecast failed to dispel fears of an AI bubble. The shares fell 5.5% to $184.89 in New York, marking the biggest one-day drop since April 16. The decline followed a first-quarter sales outlook that on its face looked impressive. Nvidia easily beat the average analyst estimate and delivered a 73% surge in fourth-quarter revenue. The reaction was a stark reminder of the skepticism now surrounding Nvidia. After explosive sales growth turned the chipmaker into the world's most valuable company, investors are seeking stronger assurances that booming AI spending can be maintained. Bloomberg Intelligence Senior Semiconductor Analyst Kunjan Sobhani, and Senior Technology Credit Analyst Robert Schiffman both join Bloomberg Businessweek Daily to discuss. They speak with Carol Massar and Tim Stenovec.
Stephen Yalof, President and CEO of Tanger, discusses what differentiates the online experience from in-store retail, saying customer service is the key advantage. He tells Romaine Bostick and Bailey Lipschultz on "The Close" that brands want to be where their customers are.
Anthropic said that new language proposed by the Pentagon as a compromise failed to satisfy the firm's desire to preserve key safeguards that it has sought for any military use of its AI tools. Joe Mathieu reports on "Balance of Power: Evening Edition."
Coles Group (ASX:COL) booked group sales revenue of $23.6 billion for the first half of FY26, representing a 2.5% increase on the prior corresponding period.
Ryan Petersen, Founder and CEO of Flexport, discusses the implications of tariffs for businesses and the potential for refunds. He tells Romaine Bostick and Bailey Lipschultz on "The Close" that the company has developed an AI-powered tool to help businesses estimate expected tariff refunds and assist with filing the necessary paperwork.
Andy Florance, CEO of CoStar Group, discusses the company's new AI initiative in real estate, Home AI, a fully integrated native AI solution designed specifically for the sector, with Romaine Bostick and Bailey Lipschultz on "The Close."
DXN (ASX:DXN), reported revenue of $2.7 million for H1 FY26, a 65% decrease attributed primarily to customer-driven project deferrals.