Tether said it generated $1.5 billion in operating profit in Q2 2026, up nearly 50% quarter-on-quarter, driven mainly by interest income from U.S. Treasury securities. As of June 30, its attestation showed $187.75 billion in assets versus $183.64 billion in liabilities, leaving an excess reserve buffer of about $4.11 billion that has narrowed sharply. The company also disclosed holding nearly $115 billion in U.S. Treasuries, placing it among the world’s largest private holders. USDT’s market capitalization is about $184.6 billion, representing 60% of the total stablecoin market.

Indian textile company RSWM reported a FY26 net profit of ₹52 Crore, reversing a FY25 net loss of ₹41 Crore. Revenue slipped 5.6% to ₹4,554 Crore, while EBITDA jumped 40.5% and the EBITDA margin rose 231 basis points to 7.1%. Finance costs fell 9.2% and net worth increased by ₹63.8 Crore. The results point to a marked improvement in operating efficiency and earnings quality, supporting the stock’s performance.

Circle has secured a virtual currency-related license from the New York Department of Financial Services (NYDFS), marking another major compliance milestone after authorization from the Office of the Comptroller of the Currency (OCC). The earlier OCC authorization helped drive a 10% single-day jump in Circle’s shares. On the same day, ARK’s ARKK, ARKW and ARKF funds bought nearly 109,000 Circle shares for about $6.83 million. The move bolsters Circle’s regulatory credibility as the issuer of the USDC dollar stablecoin and is seen as a tangible positive for counterparties with direct business or investment ties to the company.

Sindhu Trade Links Limited said it has received in-principle approvals from BSE and the National Stock Exchange of India Limited (NSE) for a preferential allotment of equity shares and Compulsorily Convertible Preference Shares (CCPS). The proposed issuance comprises 30,04,55,030 equity shares and 9,71,76,757 CCPS, each with a face value of Re. 1/ and an issue price not less than Rs. 23.20/ each. The company said the in-principle approvals are procedural and do not amount to approval for listing of the securities. Separate compliance with applicable listing requirements will be required after allotment.

GF Securities analyst Jeff Pu downgraded Apple to “Hold,” citing what he described as a once-in-a-century surge in memory prices and an expected $200–$300 rise in costs for the iPhone 18 Pro lineup. Apple CEO Tim Cook said on the company’s Q3 earnings call that memory pricing is seeing “exponential increases,” which he characterized as a “100-year flood.” The shift has pressured expectations for Apple’s hardware gross margins and has spilled over to assets tied to the memory supply chain.

Türkiye’s energy import costs rose sharply in the first half of 2026 amid the Middle East crisis, pushing intermediate goods imports up to $135.3 billion and widening the trade deficit to $53.1 billion. Exports increased 3.6% to $136.1 billion while imports grew 4.6% to $189.2 billion. Consumer goods imports fell 9.1% and capital goods imports climbed 10.5%. Excluding energy, the pace of deficit widening slowed markedly, pointing to energy price swings as the main driver of the external imbalance.

Interarch Building Solutions said it will hold its FY27 first-quarter earnings call on Aug. 7, 2026. The company commissioned Phase I of its Gujarat plant on July 9, 2026, adding 20,000 tonnes of annual capacity with an investment of ₹60 crore. Total capacity now stands at 221,000 tonnes, with capacity utilisation at 80%. The company said the expansion was funded entirely through internal accruals.

Blue Dart Express reported Q1 FY27 revenue from operations of ₹1,658 crore, up from ₹1,442 crore in Q1 FY26. Profit after tax rose to ₹87 crore for the quarter. The company said results reflected disciplined execution and operational resilience despite a challenging external environment and higher operating costs. It also cited continued use of its integrated air-and-ground network and technology-enabled operations to deliver time-definite logistics services across industries.