EDF to Sell EDF Power Solutions in the U.S., Canada to KKR
Corrections & AmplificationsThis flash was corrected at 4:58 p.m. ET because it incorrectly implied the name of the company was KKR EDF Power Solutions.
Corrections & AmplificationsThis flash was corrected at 4:58 p.m. ET because it incorrectly implied the name of the company was KKR EDF Power Solutions.
By Kelly CloonanNike recorded another sales decline in the latest quarter as it continued to hit hurdles with weakness in China.The sneakers and apparel company said the results were in line with its expectations, despite facing what it called an increasingly challenging operating environment where…
By Grace YoonDatadog said it acquired Adaptive ML, a frontier artificial intelligence startup developing a platform that helps companies develop their own specialized agents and models.Terms of the deal were not disclosed.Adaptive, which is developing what Datadog bills as the first reinforcement l…
By Kelly CloonanFirefly Aerospace received a $144 million contract for a lunar mission with the National Aeronautics and Space Administration.Under the contract, Firefly would design, build, test and deliver the mission in about two years, with a targeted launch in 2028, the company said Tuesday.Th…
Janus Henderson Completes Take-Private Transaction With Trian, General Catalyst and QIA
By Elias SchisgallBrookfield and Bloom Energy are expanding their partnership on financing artificial-intelligence infrastructure power projects.Under the expanded partnership, Brookfield is increasing its financing framework to $25 billion from $5 billion.The move is in response to continued robus…
By Andrew BaryBerkshire investment manager Ted Weschler appears to be having a strong 2026 after some tougher years because of big gains in two stocks — DaVita and Sirius XM Holdings.Weschler is responsible for running about 6% of Berkshire's equity portfolio of more than $300 billion under the ove…
(20:43 GMT) California Resources Price Target Cut to $70.00/Share From $78.00 by Citigroup
By Anvee BhutaniU.S. stocks advanced to close out a blockbuster quarter, marked by sharp gains in the technology sector on expectations for strong spending for artificial intelligence. The S&P 500 and Nasdaq logged their best quarterly performances since 2020.The Dow Jones Industrial Average rose 1…
By Callum Keown, Kit Norton, and Connor SmithStocks rose Tuesday, as tech shares, particularly chip makers, closed out a historically good quarter on a high note. The industrials and materials sectors also advanced broadly.Semiconductor equipment makers Applied Materials and Lam Research rose 4.1…
Bremworth Ltd.: NZ Commerce Commission Has Given Floorscape Clearance to Acquire All Shares in Bremworth
(20:41 GMT) Noble Price Target Cut to $45.00/Share From $52.00 by Citigroup
By Mackenzie Tatananni and Kit NortonThe S&P 500 closed out the second quarter with a 14.9% gain, its largest in six years. While semiconductor and memory stocks drove the index higher, an animal health firm and consulting companies rounded out the laggards.The top performer from April to June was…
Nike's struggles outside North America are weighing on its broader turnaround. Fourth-quarter revenues fell 12% in Greater China, once one of its most lucrative to $1.3 billion. Meanwhile, its troubled Converse unit tumbled 32% to $244 million, with declines across all territories. Growth in North…
Cantor Equity Partners I: Shareholders Will Be Asked to Vote on Proposals to Approve Proposed Initial Business Combination
By Al RootSpaceX stock and Tesla shares are doing something surprising: They are rising and falling together.Shares of Elon Musk's rocket and AI company gained 4.1%, closing at $170.86 on Tuesday, while the S&P 500 and Dow Jones Industrial Average were up 0.8% and 0.3%, respectively.The move comes…
(20:35 GMT) Anixa Biosciences Price Target Maintained With a $10.00/Share by D. Boral Capital
By Elias SchisgallConstellation Brands reported a higher profit but lower revenue in its first quarter, as consumers began to pull back from beverage purchases.The beverage company, which serves as the U.S. importer of Modelo and Corona beers, on Tuesday reported a profit of $653.8 million, or $3.7…
Papa John's: Marc Richard, Senior VP of N Amer Ops, Has Assumed Responsibility for All N Amer Ops >PZZA
SEADRILL Ltd (SDRL) filed a Form 8K - Direct or off-Balance Sheet Financial Obligation - with the U.S Securities and Exchange Commission on June 30, 2026.The information set forth in Item 1.01 of this Current Report on Form 8-K is incorporated by reference into this Item 2.03.The full text of this…