Theater chain AMC priced 95.25M shares to raise $200M, triggering a near 20% premarket decline in its stock. AMC Entertainment’s stock fell nearly 20% in premarket trading after the company priced a $200M equity offering. The sale involves 95.25M shares, with Roth Capital
The apparel manufacturer adopts AI workflows to enhance supplier oversight and regulatory compliance across global markets. Renfro Brands is deepening its supply chain partnership with Inspectorio to integrate AI-driven workflows for responsible sourcing, compliance, and t
The automaker leverages Chinese manufacturing to supply vehicles to Uzbekistan, targeting a market with 38 million people and rising demand. Volkswagen has started selling Volkswagen and Jetta vehicles in Uzbekistan, sourcing them from its Chinese factories. This marks the
The $1.75 trillion SpaceX IPO has generated thousands of employee millionaires, many targeting high-end property purchases. SpaceX’s initial public offering, valued at $1.75 trillion with a $135-per-share opening price, has created approximately 4,400 new millionaires amon
Micron is expected to post a 967% EPS jump to $20.39 and 281% revenue growth to $35.5 billion for Q3. Micron (MU) will release third-quarter earnings after markets close Wednesday, with analysts forecasting a 967% year-over-year surge in earnings per share to $20.39. Reven
The EV maker aims to cut costs and align production with demand after posting a $1.02bn net loss for Q1 2026. Lucid Group will reduce its US workforce by approximately 18%, affecting full-time employees, contractors, and hourly manufacturing workers. The move is expected t
Memory chip makers and SpaceX weigh on futures after South Korea's Kospi drops 10% in a broad tech-led decline. U.S. stock futures retreated early Tuesday as a sharp selloff in global tech shares pressured the Nasdaq. Dow Jones futures fell 0.5%, while memory chip stocks S
SpaceX shares threaten to drop below their $150 debut price amid a $60 billion acquisition and $20 billion debt offering. SpaceX has lost nearly $750 billion in market capitalization since its peak at $225 per share, with prices now testing the $150 first-day open. The dec
SpaceX stock declines for three days after reaching $225.64 SpaceX raised $85 billion at a share price of $135 in its IPO. The stock then surged to $225.64, surpassing the market capitalization of Microsoft and Amazon. The stock's decline is attributed to profit-tak
Domino's Pizza named Chief Operating Officer Joe Jordan as its next CEO on Monday, tapping a longtime insider to lead the world's largest pizza company as it contends with slowing sales and a more competitive market. Jordan, 53, will assume the CEO role on Oct. 1, the comp
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