By Mauro OrruThe U.K. government said it would commit 15 billion pounds ($19.89 billion) in additional funding for its armed forces, moving to buttress its defense industry in the face of what Prime Minister Keir Starmer called a more dangerous and volatile world.The boost raises investments that t…
(16:40 GMT) Weyerhaeuser Price Target Maintained With a $31.00/Share by DA Davidson
Crude oil futures contracts fell slightly around midday Tuesday, weighed down by signs of improvements in Strait of Hormuz oil tanker traffic, as a new round of peace talks between the United States and Iran was underway.At 11:45 a.m. ET, August NYMEX West Texas Intermediate crude futures were down…
By Kelly CloonanShares of Sarepta Therapeutics rose after the Food and Drug Administration accepted the company's supplemental new drug applications for two treatments for Duchenne muscular dystrophy.The stock gained 5.4% to $17.93 in midday trading on Tuesday. Shares are down 17% this year.Sarepta…
By Elias SchisgallMicron Technology will invest $250 million in the Trump administration's efforts to launch investment accounts for children, known as Trump Accounts.The chip maker said it would match employee contributions up to $1,000 per child. It will also provide a $250 seed deposit for child…
By Joe LightTech and payments companies including Visa, Stripe, Mastercard and Coinbase Global on Tuesday announced they're part of a consortium forming a new stablecoin called Open USD. The stocks of Circle Internet Group and Coinbase, which partner on a stablecoin threatened by the venture, are p…
(16:30 GMT) PayPal Holdings Price Target Cut to $42.00/Share From $46.00 by Piper Sandler
(16:29 GMT) Block Price Target Raised to $100.00/Share From $58.00 by Piper Sandler
By Nina KienleSchneider Electric said it entered into a definitive agreement to acquire Cognite Holding in an all-cash transaction valued at $3.1 billion.The French group on Tuesday said it intends to integrate the industrial artificial intelligence software company's data foundation into its own i…
By Martin BaccardaxBillionaire Warren Buffett had a simple maxim for navigating Berkshire Hathaway through the financial crisis of 2007-09."A simple rule dictates my buying," he wrote in his annual shareholders letter in the winter of 2009. "Be fearful when others are greedy, and be greedy when oth…
By Kelly CloonanShareholders of Brink's Co. and NCR Atleos voted to approve the companies' proposed deal that would combine the operators of automated teller machines.The companies said Tuesday their shareholders voted overwhelmingly in favor of the deal, under which Brink's would acquire NCR Atleo…
By Joseph De AvilaFord Motor is recalling more than 740,000 vehicles due to a transmission and parking system issue, federal regulators said.Some Ford vehicles have transmission defects that could cause it to engage the park function while in motion, potentially damaging the vehicle's parking syste…
Crude oil futures contracts fell slightly around midday Tuesday, weighed down by signs of improvements in Strait of Hormuz oil tanker traffic, as a new round of peace talks between the United States and Iran was underway.At 11:45 a.m. ET, August NYMEX West Texas Intermediate crude futures were down…
(16:19 GMT) AeroVironment Price Target Cut to $225.00/Share From $400.00 by Needham
1216 ET - Treasury yields and the dollar keep rising after a batch of somewhat reassuring U.S. indicators. The Conference Board consumer confidence index ticks higher to 91.2, although below WSJ consensus of 94.2. May job openings were unchanged at 7.6 million. Fed funds futures price in 83% odds o…
Treasury yields and the dollar keep rising after a batch of somewhat reassuring U.S. indicators. The Conference Board consumer confidence index ticks higher to 91.2, although below WSJ consensus of 94.2. May job openings were unchanged at 7.6 million. Fed funds futures price in 83% odds of at least…
Globant Cut to Market Perform From Outperform by William Blair
(15:50 GMT) *Schneider Electric to Buy Cognite (15:50 GMT) *Schneider Electric Entered Into Definitive Agreement to Acquire Cognite (15:50 GMT) *Schneider Electric: This Is All-Cash Transaction Valued at $3.1B (15:51 GMT) *Schneider Electric: Cognite Is Provider of Industrial Data and AI Software …
The Bank of England has space to judge the broader impact of the Iran war on inflation before it considers the next interest-rate move, its Governor Andrew Bailey says. Markets at the start of 2026 had expected rate cuts this year, but in March that needed to be taken off the table due to the confl…
By Elias SchisgallShares of Candel Therapeutics rose after the company said it was initiating a pivotal Phase 3 trial to evaluate a lung-cancer treatment.Shares were up 8.4% to $11.23 in trading midday Tuesday. The stock has nearly doubled in value this year.The company said Tuesday that it had eng…
