Finance

The life sciences company raises full-year guidance and commits USD 130 million in capital expenditure to double throughput capacity quarterly, targeting positive EBITDA in its ProBio segment by 2027.

The move marks a significant departure from Warren Buffett’s previous stance on the sector, coinciding with record financial results and debt reduction at the US carrier.

The newly formed Slate Medicines, Inc. will trade on the Nasdaq under the ticker SLTE, with a cash runway projected to extend into 2029.

The firm cites Veralto’s dominant positions in water quality and packaging as key drivers for the new position, while the Large Cap Equity Fund’s Institutional Class returns 7.03 per cent for the second quarter.

Filings show Duquesne Family Office holds nearly 800,000 shares following strong quarterly results, though fuel and labour costs remain key variables for the airline’s outlook.

Despite robust second-quarter earnings and the S&P 500 trading at record levels, BTIG’s Jonathan Krinsky advises investors to hedge exposure or reduce risk ahead of a seasonal period of market weakness.

First decline in nine months tempers Fed rate hike expectations, while Japan’s borrowing costs surge and China’s economy loses momentum.

Dow futures slip while Nasdaq-100 contracts rise; Brent crude edges to $88 a barrel as investors weigh consumer data against shifting monetary policy odds.

Rising costs and negative free cash flow prompt Wall Street’s most prominent bull to insist on measurable progress in autonomous vehicle and robotics divisions before justifying higher valuations.

A high-level assertion from the Financial Times indicates that Donald Trump’s new right perceives Europe as both an ancestral home and an ideological battleground, though the report lacks specific evidence or policy details.

A surge in distressed debt signals the end of a quiet period for alternative lenders, with market indicators reverting to levels last observed nearly a decade ago.

The initial $2 billion investment secures a 20 per cent stake, with a further $1 billion contingent on grid interconnection milestones, as Jensen Huang identifies power as the primary bottleneck for AI growth.

The expanded deal builds on a May 2025 agreement, extending services from Zagreb to four unnamed European cities, as Uber seeks to improve margins and compete with rivals like Waymo.

The women’s financial independence company secures a spot on America’s fastest-growing private companies list, challenging traditional market narratives.

The platform, restricted to eligible non-U.S. persons, sees turnover reach 26 times its current asset base amid surging activity on major exchanges.

The pair have stepped up their campaign against the proposed tax on the wealthy in the US state, adding millions to their efforts.

CEO Kevin Plank’s restructuring strategy incurs $266 million in costs as hedge fund ownership wanes and short interest spikes to nearly 24 per cent of the float.

Pershing Square USA’s second-quarter update reveals new stakes in Visa, Netflix, and S&P Global, alongside a strategic pivot to a Berkshire Hathaway-style long-term model.

Unusual Machines (UMAC) sees a $38 price target as Piper Sandler highlights commercial growth potential, though execution risks loom over rapid capacity expansion.

A scenario involving a $2.5 million portfolio and a $200,000 mortgage highlights the complex trade-offs between debt freedom and tax efficiency in retirement planning.

General Motors and Ford Motor Company announce divergent but aligned pullbacks from China, citing tariff pressures, declining brand relevance, and the rise of domestic rivals BYD and Geely.

At the Milken Institute 2026 Global Conference, Larry Fink cited inflation eroding purchasing power and noted 40% of Americans lack capital market exposure

The 53-year-old firm joins a wave of corporate restructuring filings, with analysts pointing to margin compression from major retailers like Home Depot and Lowe’s as the primary driver of distress.

A case study of a 43-year-old employee with subsidised housing reveals how employer-covered costs create a false sense of security, potentially leaving retirees with a significant monthly shortfall.

Strong second-quarter earnings and index rebalancing requirements drive investor interest as Reddit prepares for major institutional exposure.

Chief Finance and Strategy Officer Stefan Murry to address the 6th annual technology summit on 18 August, following a revenue outlook driven by AI transceiver demand.

The all-stock transaction, completed on Friday, follows SpaceX’s $250 billion takeover of xAI earlier this year and brings Cursor’s rapid revenue growth into the space giant’s infrastructure-heavy AI strategy.

Vertex Pharmaceuticals funds AbCellera’s discovery efforts with $28 million upfront payment as both firms navigate distinct market realities.

The agreement, announced on July 20, builds on previous collaboration efforts as Regeneron reports strong Q2 revenue while Biohaven narrows its quarterly loss.

The Office of the Comptroller of the Currency has approved a national trust bank charter for World Liberty Trust Company, subject to capital and governance conditions, while denying allegations of political conflict of interest.

A Financial Times survey reveals shifting voter sentiment, with Democrats and Republicans holding divergent views on economic conditions just months before the crucial midterm votes.

Democratic socialist candidates are winning primary elections across the United States, reflecting a broader voter movement towards progressive policies.

Creative Media & Community Trust Corporation reported a 22% increase in net operating income for the second quarter of 2026, driven by strong multifamily performance and office asset recovery, though joint venture losses and a maturing mortgage present near-term challenges.

Despite the shelving of the Clarity Act and stagnant price action, institutional demand remains robust, even as major players like Strategy and Riot Platforms raise capital through asset sales.

Despite a 32% drop from year-to-date highs and a revenue shortfall, derivatives data points to a potential rally, while Wall Street remains optimistic on AI-driven growth.

President Donald Trump’s imposition of aggressive tariffs on foreign unmanned aircraft systems has triggered a surge in defence equities. Unusual Machines (UMAC) has emerged as the top performer, driven by a 150% year-to-date rise and strong fundamentals, though its valuation remains stretched.

The new Pixel 11 lineup, starting at $899, positions Gemini AI at the core of Alphabet’s strategy to expand its ecosystem ahead of Apple’s September iPhone launch, even as investors digest surging infrastructure costs.

Frasers Group has completed the acquisition of Harvey Nichols for approximately £40 million, taking control of the historic brand from Dickson Poon after the retailer reported a £105 million loss.

Strong financial results and raised guidance were overshadowed by a slowdown in monthly transacting actives and insider selling activity.

Corpay Inc. delivered record second-quarter results driven by strong organic growth and successful integration of recent acquisitions, prompting an upward revision in full-year outlook.

First-half net revenue climbs 50% to $19 billion, but operating income falls to $683 million as the company invests heavily in credit portfolio expansion.

The aerospace spinoff missed second-quarter estimates and lowered its organic sales forecast to 4-5%, citing systemic supplier issues that management admitted were disclosed too late.

The investment comes as Home Depot forecasts flat fiscal 2026 sales growth and a compressed operating margin, while the stock trades at a significant premium to sector peers.

Following a massive earnings surge and share price jump, SanDisk CEO David Goeckeler details a strategy anchored in multi-year pricing agreements with hyperscale customers.