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Gamehaus Holdings (NASDAQ:GMHS) reported fiscal year 2026 revenue of US$104.7 million, down 11.4% from the previous year, while net income increased slightly to US$3.9 million.

Belite Bio (NASDAQ:BLTE) submitted a New Drug Application in Japan for tinlarebant, an investigational once-daily oral therapy for Stargardt disease type 1, under Japan’s Sakigake Designation System.

Novartis saw a treatment for a rare muscle-wasting disease fail a late-stage study, the third clinical-trial setback in a week. The medicine was the centerpiece of Novartis's $12 billion takeover of Avidity Biosciences and raises questions about the drugmaker's growth prospects. Fabienne Kinzelmann reports on Bloomberg Television.

Beam Therapeutics (NASDAQ:BEAM) reported updated Phase 1/2 data for BEAM-302 showing increased alpha-1 antitrypsin levels and reductions in mutant Z-AAT among patients with alpha-1 antitrypsin deficiency.

Waterdrop (NYSE:WDH) reported second quarter 2026 net operating revenue of RMB1,448.2 million, up 72.8% year-over-year, and announced a US$0.03 per ADS dividend alongside a new US$50 million share repurchase program.

Lithia & Driveway (NYSE:LAD) acquired Rockwall Hyundai in Rockwall, Texas, adding an estimated $75 million in annualized revenue and expanding its dealership network in the Dallas-Fort Worth market.

The sheer volume of AI-related debt issuance could pressure spreads, according to Miriam Wheeler, global head of leveraged finance at Goldman Sachs. "If you look at the last couple weeks in the market on the non-IG [investment grade] side, we have seen some spread widening, particularly in the AI space," Wheeler tells Bloomberg Television.

Chris Rokos, the founder of Rokos Capital Management, is set to leave the UK and switch his residency to Greece, people with knowledge of the arrangement said. Rokos will also open an office in Athens as part of the move, one of the people said. He is the latest in a string of high-profile financiers and business leaders that have chosen to leave after the abolition of the UK's long-standing non-dom regime and increased taxes on everything from private equity investments to inheritances and capital gains. Bloomberg's Jack Sidders reports.

Canada has imposed tariffs of 15% to 50% on hundreds of products from the US on Tuesday, as Prime Minister Mark Carney bets that standing up to President Donald Trump will eventually help Ottawa's negotiating position with its biggest trading partner. Carney's government increased the import tax on many US steel items to 50% from 25%, and applied tariffs to a range of consumer goods including motorcycles, cosmetics and cheese. The measure will hit US exporters particularly hard in states such as Michigan and Ohio that do a lot business with Canada and host heated races in November's midterm elections. Our Trade Tsar Brendan Murray joins Stephen Carroll and Caroline Hepker on Bloomberg Radio to discuss.

Brent oil approached $100 a barrel after Saudi Arabia said operations at several energy facilities in the kingdom's south were halted by attacks. Oil trader Vitol Group estimated that oil flows through the Strait of Hormuz are about half of pre-war levels, but added that an exact figure is hard to quantify. Bloomberg's Will Kennedy has the latest.

Canada's imposition of tariffs on hundreds of US products is a calculated risk for Prime Minister Mark Carney. US officials have repeatedly said they won't tolerate retaliation, but declined to specify how or when US President Donald Trump may respond with fresh measures of his own. Bloomberg's Brendan Murray explains the situation.

Hang Feng Technology Innovation (NASDAQ:FOFO) reported first half 2026 revenue of $362,511 and a net loss of $553,033 as corporate management consulting revenue declined during a strategic shift toward real-world asset initiatives.