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Matthew Domeyer takes the helm as chief financial officer at AudioEye starting July 20, stepping into the role after a tenure as corporate controller at the residential furniture manufacturer Flexsteel Industries.
A surge of 8.8% in premarket trading greeted Eos Energy Enterprises on Thursday, as shares climbed to $8.27 following the announcement of a maiden purchase order under a two-gigawatt capacity reservation deal with Frontier Power USA, marking a significant milestone for the firm’s long-duration battery storage technology.
German chemical giant Evonik Industries will eliminate 3,200 positions by the end of 2029, a move that compounds an existing restructuring program. Faced with stagnant demand and surging energy costs, the company is also shuttering its unprofitable polyester business, marking a grim trend for the nation's manufacturing sector.
Despite a sudden cooling in global energy markets following the Iran-U.S. peace agreement, European Central Bank Chief Economist Philip Lane insists inflation will remain stubbornly high. Lane reaffirmed the bank's commitment to further rate hikes, dismissing concerns that diverging from the Federal Reserve’s current policy could destabilize the eurozone economy.
U.S. soybean export sales reached 729,000 metric tons for the week ending June 11, landing at the upper end of market expectations. While analysts had projected a range between 400,000 and 850,000 tons, the latest Department of Agriculture report confirms a robust demand cycle for the 2025/26 and 2026/27 marketing years.
Ondas is betting $125 million on the future of autonomous infrastructure inspection, moving to acquire Scottish drone specialist Cyberhawk in a cash-and-stock transaction. The deal, expected to close in the third quarter, aims to merge Cyberhawk’s specialized analytics software with Ondas’ existing fleet of autonomous drone systems.
Three years after its founding, Tel Aviv-based Dream Security has secured $260 million in fresh capital, pushing its market valuation to $3 billion. The round underscores the relentless investor demand for AI-driven defense infrastructure, even as the company moves to expand its footprint across four continents.
Empire Company posted a profit of C$212 million for the quarter ended May 2, outpacing analyst projections with earnings of C$0.94 a share. The Canadian grocer’s performance was bolstered by consistent demand across its Sobeys and FreshCo banners, alongside a resilient national wholesale distribution network.
Novocure’s late-stage clinical trial for newly diagnosed glioblastoma failed to prove that starting therapy earlier significantly improves overall survival. The study compared the efficacy of initiating Tumor Treating Fields during chemoradiation versus the standard maintenance phase, ultimately showing no statistically significant difference between the two treatment timelines.
Two Chicago Atlantic entities are set to combine operations in an all-stock transaction, aiming to unify under a single business development company structure. The move marks a strategic shift for the real estate investment trust as it prepares to convert into a BDC to streamline management and consolidate investment activities.
A strategic shift in domestic nuclear power production took shape Thursday as Oklo signed a letter of intent with Centrus Energy. The agreement secures a multi-year supply of high-assay low-enriched uranium, known as HALEU, to fuel five of Oklo’s next-generation reactors at its upcoming Ohio clean energy campus.
Richard Pozzebon will step into the role of chief financial officer at Titan Mining on July 6, taking over the helm of the zinc producer’s fiscal operations. He arrives at the Gouverneur, New York-based firm following a tenure as the finance chief at lumber manufacturer Interfor.
Shares of First Carolina Financial Services will debut on the New York Stock Exchange today after the Raleigh-based bank holding company priced its initial public offering at $12.50 per share. The figure fell short of the anticipated $14 to $16 range, ultimately raising approximately $69 million for the firm.
Shares of FreeCast soared 160% to $13.41 in Thursday’s premarket trading after the company announced a reseller agreement to provide Starlink Business services. This expansion marks a strategic shift for the firm, which previously focused exclusively on media, television, advertising, and digital-engagement software solutions for its enterprise clients.
Bell Canada, Cohere, Hypertec, and Buzz High Performance Computing have launched a domestic partnership to build sovereign artificial intelligence infrastructure. By integrating local data centers with hardware manufactured in Quebec, the consortium aims to move beyond experimental AI toward large-scale, secure deployments for government and enterprise clients.
Swiss watchmakers recorded 2.11 billion francs in exports for May, a 0.4% uptick that signals a fragile stabilization following months of tariff-induced turbulence. While the U.S. market shows signs of absorbing past trade shocks, broader geopolitical instability continues to restrain the industry's recovery across key global regions.
German specialty-chemicals giant Evonik will eliminate 3,200 positions by 2029, as persistent economic stagnation and intensifying international competition force a sweeping overhaul of its administrative and business units. The cuts, which include 2,150 roles in Germany, aim to leverage digitalization and outsourcing to reclaim operational efficiency.
Investors pushed Murata Manufacturing shares up 8.1% on Thursday, underscoring a market shift toward the passive components that keep high-performance AI circuits stable. The Kyoto-based supplier, now up 270% this year, has become a primary beneficiary of the mounting hardware requirements needed to power modern data centers.
Investors have signaled strong appetite for Kardigan’s precision therapeutics, driving the Princeton-based firm to price its initial public offering at the top of its expected range. The upsized sale pulled in $400 million, positioning the clinical-stage company for its Nasdaq debut this Thursday under the ticker symbol KARD.
President Trump announced on Truth Social that Apple has committed to partnering with Intel to produce semiconductors within the United States. This development follows reports of a preliminary agreement between the two tech giants aimed at shifting a portion of Apple’s hardware manufacturing back to American foundry facilities.
Intel stock surged more than 7% to $129.84 in premarket trading Thursday following President Trump’s announcement that Apple has agreed to collaborate on domestic chip production. The move, disclosed via social media, marks another significant development for the Santa Clara-based company since the federal government acquired a 10% stake last year.
At the VivaTech conference, TotalEnergies unveiled MethaneLive, a real-time monitoring system utilizing 13,000 sensors across its onshore and offshore sites. The initiative aims to detect and mitigate fugitive methane emissions, reinforcing the company's commitment to achieving near-zero methane levels at its operated upstream facilities by 2030.
A 0.8% rise in S&P 500 futures signals potential gains for Wall Street, contrasting with a cautious morning session in Europe where the Stoxx 600 slipped 0.2%. Investors are navigating a day marked by cooling oil prices and a slight retreat in U.S. Treasury yields, while Asian exchanges show mixed results.
After eight years of regulatory hurdles and legal disputes, the National Stock Exchange of India has finally initiated its path to a public listing. The bourse, consistently ranked among the world’s busiest trading venues, seeks to move forward with a share sale involving 6% of its total equity.
A 13% surge in Cambricon Technology shares led a broad rally across China’s AI sector on Thursday, following a pledge from the country’s top securities regulator to accelerate public listings for high-tech firms. The announcement signals a shift toward easing capital market access for developers of large language models.
“We’ll be in India very soon,” Donald Trump declared during a G-7 summit briefing in France, signaling that a long-awaited trade agreement with Prime Minister Narendra Modi is nearing completion. The announcement follows months of friction over tariffs that have tested the economic relationship between the two nations.
Traders pushed oil prices lower across Asian markets Thursday, betting that a secret memorandum of understanding between Washington and Tehran will soon clear the Strait of Hormuz. The agreement, which hinges on the lifting of U.S. sanctions, aims to restore the flow of a vital global shipping artery.
A 59% spike in after-hours trading followed the announcement that Logistic Properties of the Americas will divest its Lima logistics park to Fibra Prime for $145 million. The move marks a pivot for the developer, which intends to channel the resulting capital into expanding its industrial footprint across Mexico.
Investors reacted sharply to the news of a new capital raise, sending Legend Biotech shares down 8% in after-hours trading. The cell therapy developer announced an underwritten public offering of $225 million in American depositary shares, momentarily stalling a year-to-date rally that had pushed the stock up more than 54%.
Targeting a strategic foothold in the European market, TTM Technologies has announced the all-cash acquisition of Swiss Technology Group AG and Germany’s ILFA GmbH. These deals, expected to close in the third quarter, aim to integrate specialized PCB manufacturing and miniaturized technology capabilities into the company's existing global portfolio.