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A 39% surge in SkinHealth Systems stock followed the company’s announcement that federal regulators have cleared its SkinStylus microneedling device. The jump to $1.05 per share offers a brief recovery for the aesthetics firm, which has faced a 26% decline in market value since the beginning of the year.
A coalition of NATO members has signed an agreement with RTX subsidiary Raytheon to begin manufacturing AMRAAM missile components within Europe, marking the first time the advanced air-to-air weapon will see localized production outside the United States to address critical supply chain shortages and surging global demand.
Seeking to decouple critical technology from Chinese supply chains, REalloys has signed a letter of intent with South Korea’s JS Link to co-develop an integrated manufacturing platform for rare-earth magnets. The companies aim to merge North American feedstock and metallization capabilities with specialized Korean magnet-making expertise.
Hamid Akhavan is stepping down from his roles as head of EchoStar Capital and subsidiary Hughes Network Systems, just weeks before Hughes faces a critical $1.5 billion debt maturity. The departure follows internal discussions regarding a pivot in the company’s strategic direction, according to a Tuesday securities filing.
Rivian shares tumbled 12% to $17.73 after the electric vehicle manufacturer announced a 75-million-share public offering to settle a federal loan. The move, aimed at satisfying a debt to the U.S. Energy Department, coincides with a broader downward trend that has seen the company’s stock value drop 9.2% this year.
A 9.2% slide in light vehicle exports and a 1.9% contraction in manufacturing output marked a difficult June for Mexico’s automotive sector. Despite the monthly cooling, the industry remains near break-even levels for the first half of the year, bolstered by consistent demand from the United States.
Travelers booking flights on Southwest Airlines will soon have the option to finance their trips through Klarna. The airline announced a new partnership that allows customers to split airfare costs into interest-free installments or extended financing plans, marking a shift in how the carrier processes ticket transactions later this year.
Shares of Crinetics Pharmaceuticals surged to double their value following the announcement of a $10 billion acquisition by Vertex Pharmaceuticals. The deal grants the pharmaceutical giant immediate access to Palsonify, an acromegaly treatment, while signaling a decisive entry into the competitive endocrinology market.
Swedish automotive safety giant Autoliv and Chinese electric vehicle manufacturer XPeng have entered a strategic framework agreement to co-develop advanced vehicle safety systems. The partnership signals a deeper integration of European safety engineering into XPeng’s ambitious global expansion plans, covering everything from supply-chain logistics to digital infrastructure.
A 19-fold profit surge at Samsung Electronics has paradoxically triggered a rout across the global memory and data storage sector. Despite robust earnings, investor apprehension regarding the sustainability of the artificial intelligence rally is fueling a broad retreat, dragging down major industry players before the opening bell.
A massive inventory surplus from the 2025 harvest has pushed Canadian Pacific Kansas City to a new monthly shipping record. The railroad moved 2.8 million metric tons of grain and grain products in June, eclipsing the previous high-water mark set during the same period four years ago.
Caterpillar has acquired Skycatch, a specialist in spatial data capture and AI-driven analysis, to sharpen its mining technology edge. The deal marks the heavy equipment giant’s second major software investment this year, signaling a push to integrate high-precision site mapping into its global mining operations.
With three late-stage genetic medicines nearing potential regulatory approval, MeiraGTx has finalized a $400 million financing agreement with Oberland Capital Management. This infusion of capital aims to accelerate the company’s commercialization efforts while providing the financial runway necessary to bring its diverse pipeline of therapies to market.
JPMorgan Chase, Bank of America, Wells Fargo, and PNC Financial Services Group are exploring a potential acquisition of a payment network owned by Fiserv. The interest stems from a regulatory loophole: banks that own their own networks can potentially bypass federal mandates that strictly limit debit-card interchange fees.
The U.S. Air Force Research Laboratory has finalized a $4.2 million contract with Palladyne AI, tasking the firm with deploying its SwarmOS software to modernize autonomous operations. The initiative aims to unify communications between disparate military assets, including satellites, drones, and naval vessels, to improve collaborative mission efficiency.
Tongala, Victoria, will host a new commercial-scale anaerobic digestion facility as Anaergia marks its Australian market entry. The company signed a C$14 million contract with Corval to convert agricultural waste into renewable biothane, aiming to fuel large-scale greenhouse operations and reduce reliance on liquid petroleum gas.
Three Canadian corporate giants are abandoning siloed development to build shared artificial intelligence architecture. Scotiabank, Sun Life, and Telus have partnered with software firm Lightworks to form an AI Consortium, aiming to pool engineering resources and research to navigate the complex regulatory hurdles of enterprise-scale technology deployment.
Shares in the London-listed outsourcing firm Capita tumbled 10% on Tuesday after the company admitted to persistent failures in managing the U.K. Civil Service Pension Scheme. The stock drop reflects deepening investor concern over the firm's inability to process essential member requests, including retirement payments and bereavement services.
Atlanta-based Equifax is acquiring Mexico’s Circulo de Credito in a transaction valued at $750 million. The move marks a strategic expansion for the data giant, securing a foothold in a market where the target company remains the sole provider of dual consumer and commercial credit reporting services.
The Naval Facilities Engineering Systems Command Washington has tapped Jacobs Solutions for a multiyear contract aimed at modernizing military installations across the capital region. The agreement tasks the infrastructure firm with comprehensive architectural and engineering oversight for Navy and Marine Corps sites in Washington, D.C., Maryland, and Northern Virginia.
Shares of Compass Pathways jumped 8.7% to $13.96 in premarket trading Tuesday, signaling investor confidence after the company reported that its treatment-resistant depression therapy, COMP360, demonstrated both rapid onset and durable effectiveness in its latest clinical trial.
ON Semiconductor is shedding two manufacturing sites—one in the Philippines and another in Pennsylvania—to sharpen its operational focus and lower overhead. The chip maker anticipates these divestitures will unlock roughly $35 million in annual savings as it consolidates production into a more streamlined global network.
Streamex stock surged 14% in Tuesday’s premarket trading, hitting $1.25, following the company’s announcement of a plan to repurchase up to 10 million shares. The move comes as the infrastructure firm attempts to stabilize its valuation after a brutal 91% slide over the past 52 weeks.
After two months of strangling civil unrest and nationwide highway blockades that halted supply chains, Toronto-based Orvana Minerals is finally restarting its Don Mario Oxide Stockpile Project. The company confirmed that logistics have normalized, allowing the necessary materials to reach its Bolivian subsidiary, Empresa Minera Paititi, for immediate processing.
A massive renewable energy shift is underway in Newcastle, Australia, where Orica has greenlit its Hunter Valley Hydrogen Hub. The project, which has officially moved into construction, relies on Plug Power’s advanced membrane electrolyzers to decarbonize industrial manufacturing on Kooragang Island, marking a significant milestone for local green hydrogen production.
Shares of the geotechnical engineering firm Keller Group climbed 21% to hit an all-time peak of 32.40 pounds on Tuesday, fueled by an optimistic earnings outlook. The rally follows news that the company’s North American division is significantly outpacing management expectations, driven by a surge in demand for infrastructure and data center projects.
With a target of 9.5 billion rupees, the Temasek-backed fitness chain Cult.Fit has filed draft documents for an initial public offering in India. The move marks a significant bet on the country's surging demand for preventive healthcare as the local IPO market recovers from a period of relative stagnation.
A roughly $2 billion strategic partnership is reshuffling the infrastructure investment landscape as Japan’s Sumitomo Mitsui Trust Bank acquires a 15% equity stake in the New Zealand-founded manager Morrison. The deal combines an initial $500 million capital commitment with a broader collaborative effort to scale global infrastructure products.
A 361 million yen net profit for the quarter ending May 31 marks a sharp climb for Hoden Seimitsu Kako Kenkyusho Co. Ltd., nearly doubling the 201 million yen recorded during the same period last year. The manufacturer’s latest financial filings reveal a business gaining significant momentum across its primary revenue streams.
Japan Process Development Co. Ltd. recorded a net profit of 1.14 billion yen for the fiscal year ending May 31, falling short of the 1.48 billion yen reported in the previous period. Despite the bottom-line contraction, the firm saw its annual revenue climb to 12.12 billion yen from 10.47 billion yen.