Citi raises wafer fabrication equipment sales forecasts for 2026 and beyond, lifting sector shares to record levels. Shares of major semiconductor equipment manufacturers, including ASML and Lam Research, reached all-time highs after Citi issued a bullish outlook on the se
Since SpaceX’s debut, older aerospace firms rose 5-9% while smaller space stocks fell 10-20%, reshaping sector dynamics. SpaceX’s public listing has split the space sector, driving gains for established aerospace and defense stocks while weighing on smaller peers. Shares o
Johnson & Johnson’s key cancer drug CARVYKTI reports a 57.4% year-over-year sales growth, down from 63.2% in the prior quarter. Johnson & Johnson’s CARVYKTI, a cell therapy for multiple myeloma, generated $600 million in sales last quarter, marking a 57.4% year-over-year i
Deal values in transportation and logistics rise as buyers target scarce AI and automation capabilities over traditional scale. Transportation and logistics deal values jumped in the second quarter, driven by buyers prioritizing specialized assets like AI and automation ov
Arizet Labs, the fintech infrastructure company behind A-Trader and the Meritix quality-scoring framework, today announced the public launch of The Desk, a competitive trading career platform built to challenge the traditional retail prop-firm model. In less than 12 days o
CMI stock jumps 4.13% after securing a significant deal to supply power solutions for AI-driven data centers. Cummins (CMI) shares climbed 4.13% to $728.87, breaking out of a cup-shaped pattern with a buy point at 718.08. The rally follows a large-scale contract to provide
Bitcoin and other cryptocurrencies retreat ahead of the Federal Reserve's rate decision and new Chair Kevin Warsh's first press conference. Cryptocurrency markets edged lower as Federal Reserve Chair Kevin Warsh presided over his first Federal Open Market Committee meeting
Survey reveals 79% of hiring managers value human-centered competencies more than AI or technical skills for leadership roles. A survey of 500 U.S. hiring managers and business leaders found that 60% have rejected qualified candidates due to weak people or communication sk
By Yuka Obayashi and Kentaro Okasaka TOKYO, June 18 Nippon Steel, the world's No. 3 steelmaker, expects the American market to remain buoyant, supported by import tariffs and resilient demand, which could lift earnings at U.S. Steel beyond current forecasts, Vice Chairman
Senator Bill Hagerty urges swift approval of the Clarity Act to bolster US innovation in digital assets. US Senator Bill Hagerty, author of the GENIUS Act, has expressed hope that the Clarity Act will be signed into law by July. The legislation aims to provide regulatory c
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