Grain export figures for the week ending July 2 hit the bottom of market expectations, with corn, wheat, and soybean sales all trailing forecasts. The data, released Thursday by the Department of Agriculture, arrived as traders shed positions in anticipation of the upcoming World Agricultural Supply and Demand Estimates report.
With construction at its Clay, New York facility running a full quarter ahead of schedule, Micron Technology is betting heavily on the AI boom. The chipmaker announced a massive $250 billion commitment to U.S. manufacturing through 2035, aiming to secure a dominant position in the surging global market for memory.
Teva Pharmaceutical Industries is carving out a larger footprint in the specialty medicine market, securing exclusive global rights to a biosimilar version of the multiple sclerosis drug Ocrevus. The move pairs Teva’s regulatory and commercial reach with the manufacturing capacity of Poland’s Polpharma Biologics to challenge a high-profile therapy.
A European managing general agent specializing in short-term car rental coverage will soon join Roadzen's portfolio, marking a $15 million expansion into a high-volume insurance market. The acquired firm currently processes approximately 800,000 policies annually, anchoring Roadzen's strategy to scale its technology-enabled insurance offerings across the continent.
Sam’s Club is integrating Weight Watchers wellness programs directly into its subscription model, aiming to bolster the value of its membership tiers. The partnership grants Plus-level subscribers immediate access to discounted health plans, marking a strategic shift toward incorporating lifestyle and wellness services into the retail giant's core offerings.
Industrial Logistics Properties Trust has moved to double its quarterly distribution, lifting the payout to 10 cents per share from the previous 5 cents. This decision by the Newton, Massachusetts-based real estate investment trust signals a sharp adjustment in shareholder returns following Wednesday's market close.
Sam’s Club is integrating Weight Watchers wellness programs directly into its subscription model, a move aimed at capturing a growing consumer base interested in clinical weight management. The retail giant announced Thursday that it will offer exclusive access to digital health tools and discounted GLP-1 medication support platforms.
A sharp drop in the cost of fresh produce and energy pushed Mexico’s annual inflation rate to 3.37% in June, marking the lowest level recorded in five and a half years. The decline outperformed market expectations, signaling a potential shift in the country’s broader economic landscape.
To scale its battery production, Fremont-based Enovix has tapped Michael Vyvoda, a veteran of Apple’s manufacturing operations, to serve as its new chief operating officer. The appointment, effective July 29, places the 53-year-old in charge of the company’s global supply chain and manufacturing engineering divisions as it seeks to ramp up output.
Owners of 2020 through 2024 Kia Telluride SUVs are being urged to park their vehicles outdoors and away from structures following a massive recall. The safety action targets 462,869 units, as investigators identified a critical defect in the front power seat motor that poses a significant fire risk.
Shares of the Boulder-based technology platform slid 16% in premarket trading to $3.35 after the company set the price for its $22.8 million equity raise. The slide adds to a difficult year for the stock, which had already shed 30% of its value heading into Thursday’s session.
Cerebras Systems is launching a massive 200-megawatt data center network across France, Finland, and Norway, marking the company’s first major entry into the European market. The expansion aims to provide localized, high-speed AI infrastructure to meet surging demand from regional governments, research institutions, and private enterprises alike.
London-based VersaBank is scaling its American consumer lending operations through a new agreement with ECN Capital, granting the financial services provider access to its proprietary Structured Receivable Program. The partnership aims to accelerate loan processing times while bypassing traditional warehouse financing requirements for the firm’s U.S. subsidiary.
Siemens is joining forces with FuelCell Energy to accelerate the deployment of industrial-scale fuel cell power generation. The collaboration targets energy-intensive sectors, combining Siemens’ electrical infrastructure expertise with FuelCell Energy’s proprietary technology to streamline the rollout of commercial power systems exceeding 100 megawatts.
A new operating model, combining Palantir Foundry with Rackspace’s private cloud, aims to bridge the gap between AI ambition and production-grade security. The partnership targets sovereign and regulated enterprises, such as energy providers and healthcare systems, that struggle to integrate large-scale machine learning while maintaining strict data compliance and governance standards.
A 15% jump in premarket trading greeted Simply Good Foods on Thursday, as the packaged-foods company defied market pessimism by raising its full-year sales forecast. The move marks a sharp turnaround for a stock that had suffered a 36% decline since the start of the year.
A 23% premarket collapse greeted Ionis Pharmaceuticals on Thursday after its experimental heart medication, eplontersen, failed a critical late-stage study. The drug, designed to treat transthyretin-mediated amyloid cardiomyopathy, missed its primary efficacy target, leaving investors to weigh the sudden loss against the company's previous modest gains this year.
Vancouver-based Equinox Gold saw production climb 11% to 176,836 ounces in the second quarter, a surge driven by the steady ramp-up of its key Canadian mining projects. The company’s performance reflects a broader push to stabilize operations at its newest facilities in Newfoundland and Labrador and Ontario.
Toronto-based Triple Flag Precious Metals outperformed analyst expectations in the second quarter, reporting $129.2 million in revenue. The surge marks a significant jump from the $94.1 million generated during the same period last year, fueled primarily by increased contributions from its core gold and silver streaming operations.
AstraZeneca shares plunged 9% in London morning trading today after the company confirmed its drug Wainua failed to meet primary objectives in a late-stage clinical trial. The setback for the transthyretin amyloid cardiomyopathy treatment forces investors to reconsider the company's aggressive growth targets for the remainder of the decade.
With production hitting 88,265 ounces of gold, Vancouver-based Orla Mining is accelerating toward a transformative merger with Equinox Gold. The company confirmed this week that its operations, bolstered by strong performance at the Musselwhite mine in Ontario, remain on schedule to finalize the deal within the third quarter.
Shares of Tokyo-based ispace jumped 19% on Thursday, closing at 508 yen, after the company announced plans to utilize SpaceX’s Starship for a new lunar transportation service. The move represents the company's largest single-day stock gain since January 2025, fueled by a strategic expansion into high-capacity moon cargo operations.
Shares in the London-listed outsourcing firm Capita tumbled to a one-year low, dropping 16% to 233.50 pence in early trading, after the company disclosed significant financial headwinds stemming from a troubled contract to manage pensions for U.K. civil servants.
Ohba Co. Ltd. reported a net profit of 1.47 billion yen for the fiscal year ended May 31, marking a steady increase from the 1.33 billion yen recorded in the previous year. The results, calculated under Japanese accounting standards, reflect a period of shifting revenues alongside improved bottom-line performance.
Moresco Corp reported a sharp rise in profitability for the first quarter ending May 31, with net profits climbing to 731 million yen from 237 million yen a year prior. The leap in earnings reflects a period of robust growth for the Japanese firm, significantly outpacing its previous year's performance metrics.
Three F Co. Ltd. posted a net profit of 118 million yen for the first quarter ending May 31, marking a steady rise from the 100 million yen recorded during the same period last year. The results, calculated under Japanese accounting standards, reflect a solid start to the fiscal year for the firm.
Wakita & Co. Ltd. reported a net profit of 1.10 billion yen for the first quarter ending May 31, a decline from the 1.16 billion yen recorded during the same period last year. Despite the bottom-line contraction, the Japanese firm saw its quarterly revenue climb to 24.62 billion yen from 23.10 billion yen.
A 700 million Australian dollar valuation marks the latest play by New York-based private equity firm Warburg Pincus, which has secured an agreement to invest in Sydney-based CreditorWatch. The deal, valued at approximately US$485 million, aims to accelerate the expansion of the commercial credit reporting and risk analytics provider.
Investors pushed Iluvatar CoreX Semiconductor shares up by 11% today, reacting to the company’s announcement of a $901.9 million private placement. Despite pricing the 14.85 million new shares at a 15% discount to Wednesday’s closing price, the market signaled strong confidence in the chipmaker's aggressive expansion strategy.
A 0.3% rise in S&P 500 futures and a 0.1% uptick for the Dow Jones Industrial Average signal a cautious optimism for U.S. markets. Across the Atlantic, European indices delivered a fragmented performance, underscored by a sharp 8.3% decline in AstraZeneca shares that weighed heavily on regional sentiment.
