The sandwich chain seeks to raise more than $1 billion through an IPO of 43.5 million Class A shares. Jersey Mike's Subs Inc. (JMKE) has launched its initial public offering roadshow, offering 43,478,261 Class A common shares. The shares will be sold by the company and cer
Apple’s stock surge closes the gap with Nvidia, requiring less than 1% gain to reclaim the top spot by market value. Apple’s market capitalization reached $4.89 trillion, just $20 billion behind Nvidia’s $4.91 trillion, as investor sentiment shifts. The narrowing gap follo
The deal adds to Vertical Aerospace's backlog of 1,500 pre-orders for its electric vertical take-off and landing aircraft. Vertical Aerospace (EVTL) signed a Memorandum of Understanding with Sigma Air Mobility to purchase and operate its Valo electric vertical take-off and
The deal doubles contracted capacity at Hut 8’s Texas site, lifting total portfolio value to $26.6B over 15 years. Hut 8 announced a $9.8 billion 15-year lease with an investment-grade customer, fully commercializing its 1-gigawatt Beacon Point campus in Texas. The agreeme
The energy distributor maintains its quarterly payout at $0.1975 per share for the third consecutive quarter. Star Group declared a $0.1975 per share quarterly dividend, matching its prior payouts. The dividend yields 6.04% based on current share prices. The company
European insurer Allianz plans workforce reductions as automation reshapes cost structures and operating models in the sector. Allianz Partners will cut 1,500 to 1,800 roles across several European countries as it accelerates AI adoption. The reductions will be implemented
Domino's reported $1.19 billion in revenue, exceeding forecasts, but adjusted EPS missed by $0.12 amid softer demand. Domino's Pizza Inc. (NASDAQ:DPZ) posted second-quarter revenue of $1.19 billion, surpassing the $1.18 billion consensus estimate and rising 4.3% from $1.15
Companies joining the Nasdaq-100 typically see share price gains as index-tracking funds increase holdings, data shows. Stocks added to the Nasdaq-100 have historically risen following inclusion, driven by demand from funds replicating the index. The benchmark, comprising
The State Street Industrial Select Sector SPDR ETF (XLI) gained 14.5% in the second quarter of 2026, closely tracking the broader S&P 500 Index, which advanced 14.85% over the same period. As companies prepare to report their results for the As companies prepare to report
Global military budgets surged to $2.9 trillion in 2025, with NATO members pledging 5% GDP spending, boosting defense contractors. Global military spending climbed to a record $2.9 trillion in 2025, driven by NATO members exceeding $1.5 trillion in combined defense budgets
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