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Canada GDP grows 3.3% annualized in Q2 2026

Canada’s economy expanded by 3.3% at an annualized rate in Q2 2026, driven by stronger exports, higher household spending, and stronger business investment, with June activity up 0.3% month over month. The data also revise Q1 into positive territory, signaling there was no technical recession, and show real GDP per capita rising as population declined for a third straight quarter.

3d

World

Hormuz Talks: Mixed Signals on Reopening

Oman and Iran have proposed establishing a temporary navigational corridor and a plan to clear mines in the Strait of Hormuz, with talks aiming toward a permanent framework, shared traffic management, and respect for sovereignty and international law. The moves have driven market expectations about a forthcoming Iran–Oman agreement on Hormuz, with traders pricing in rising odds of a formal deal in the coming months.

Badr bin Hamad Al Busaidi

6d

World

Iran President Admits US Sanctions Harm Economy

Iranian President Masoud Pezeshkian acknowledged that U.S. sanctions and a naval blockade are harming Iran’s economy, with trade down roughly 25 to 35 percent and fuel subsidies under pressure as he called for higher petrol prices, reversing days of insisting sanctions would have no effect. The statements come as Washington pursues what officials call economic asphyxiation and Iran treats the sanctions as a wartime condition affecting exports, imports, and energy supplies.

2d

Business

SpaceX Reports 92% Revenue Growth, Investors Cautious

SpaceX’s IPO hype gave way to scrutiny over its massive AI-driven capex and whether its strong revenue growth can translate into profits, as investors weigh the company’s ambitious spending against returns. Market watchers also highlight a slate of space stocks to watch—Rocket Lab, Boeing, GE Aerospace, Keysight and others—while SPCX shows sharp recent gains and eyes on upcoming earnings.

3d

Finance

Global Yields Rise Ahead of Warsh Speech

Global bond yields firmed ahead of Fed Chair Kevin Warsh's Jackson Hole speech, with US 10-year yields around 4.682% and the German 10-year Bund at 3.276%, as eurozone energy-price risks weighed on markets. In India, the 10-year G-Sec rose to about 6.91% ahead of a large debt sale, aided by RBI dollar support and hawkish minutes that heightened rate-hike expectations while investors awaited Warsh's guidance.

3d

Finance

UK Inflation Seen Subdued by Bailey; BoE Rate Path Uncertain

Bank of England Governor Andrew Bailey reiterated that there are only subdued second-round inflation effects in the UK and a softer labour market, keeping expectations for future rate moves cautious ahead of the Sept. 17 decision, with markets pricing in a modest year-end hike. Investors are also weighing company signals such as Super Micro Computer’s comparatively low valuation and growing insider confidence, reflecting varied market focus as central banks navigate inflation dynamics.

3d

Business

Ulta Beats Q2 2026, Raises Full-Year Guidance

Ulta Beauty is anticipated to report Q2 results with an EPS around $6.18 and revenue near $2.95 billion, following a quarter that beat on EPS and revenue and ahead of guidance for fiscal 2026. Despite a tougher year-over-year comparison and focus on comparable sales and margins, analysts remain constructive on the stock and store expansion plans, with targets in the high $700s and ongoing coverage of strategic initiatives such as Space NK and a Times Square flagship.

6d

Finance

NYSE Texas Opens Dallas Headquarters

NYSE Texas opened its Dallas headquarters at Old Parkland, cementing a permanent base for its Texas-listed digital equities venue as it has grown to more than 120 issuers with a combined market value exceeding $2 trillion. The move underscores Texas' growing role in U.S. capital markets, with state leaders and NYSE executives emphasizing the business-friendly environment amid competition from Nasdaq and other exchanges.

4d

Finance

Box Raises Revenue Outlook, Lowers Adjusted EPS

Box lowered its FY2027 GAAP and non-GAAP earnings guidance, with GAAP EPS about $0.38–$0.40 and adjusted EPS around $1.54–$1.56, while raising full-year sales guidance to roughly $1.28–$1.29 billion. For the next quarter, the company reported a preliminary adj EPS of about $0.39 (below the $0.40 consensus) on roughly $329 million in revenue, with GAAP EPS near $0.12 in line with expectations.

Box

5d

Business

Dick's Sporting Goods Cuts Full-Year Forecast, Shares Fall

Dick's Sporting Goods cut its full-year outlook, guiding 2026 revenue of about $21.9 billion to $22.2 billion and GAAP EPS of roughly $10.94 to $11.94 as softer demand weighs on sales. The Q2 results showed adjusted EPS of $3.53 on $5.59 billion in revenue, with much of the pressure stemming from the Foot Locker integration and a promotional market environment, leaving 2026 guidance well below Wall Street expectations.

Dick's Sporting Goods Foot Locker

6d

Markets

Canada GDP grows 3.3% annualized in Q2 2026

Hormuz Talks: Mixed Signals on Reopening

Iran President Admits US Sanctions Harm Economy

SpaceX Reports 92% Revenue Growth, Investors Cautious

Global Yields Rise Ahead of Warsh Speech

UK Inflation Seen Subdued by Bailey; BoE Rate Path Uncertain

Ulta Beats Q2 2026, Raises Full-Year Guidance

NYSE Texas Opens Dallas Headquarters

Box Raises Revenue Outlook, Lowers Adjusted EPS

Dick's Sporting Goods Cuts Full-Year Forecast, Shares Fall

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