Lockheed Martin reports strong Q2 2026 results and secures $67.7 million in new Pentagon contracts, driving a 10% stock surge. Lockheed Martin Corp. (NYSE:LMT) shares jumped over 10% on July 23 after reporting robust Q2 2026 earnings and winning $67.7 million in new Pentag
Elon Musk signals long-term investment focus over short-term earnings, contributing to a 49% decline in SpaceX stock since its IPO. SpaceX (NASDAQ:SPCX) shares have fallen 49% from their post-IPO high, trading near $114 after debuting at $135. The decline follows CEO Elon
Legend Biotech shares may face volatility as the company seeks a permanent replacement for outgoing CEO Ying Huang. Legend Biotech (LEGN) announced the immediate departure of CEO Ying Huang, who has also stepped down from the board of directors as of July 24, 2026. The com
Over 700GB of customer records and internal documents from India’s second-largest state-run bank surfaced online amid rising cybersecurity concerns. Customer data and internal documents from Bank of Baroda have been leaked on the dark web, according to a cybersecurity rese
Brown-Forman’s board dismissed Sazerac’s latest unsolicited bid, citing misalignment with long-term shareholder value goals. Brown-Forman has rejected a renewed takeover proposal from Sazerac, declining to disclose the terms of the latest offer. The board described the bid
The aerospace firm secured its largest contract to date, boosting premarket shares nearly 5% Monday. Rocket Lab (RKLB) shares climbed nearly 5% in premarket trading after winning a $266M multi-launch contract from the U.S. Space Force. The deal marks the company’s largest
RGTI shares may decline post-earnings as error-prone systems delay commercial sales despite $100 million U.S. funding. Rigetti Computing (NASDAQ: RGTI) is expected to report a challenging second quarter on August 6, with its stock poised for further declines. The company r
Nebius adopts a capital-efficient strategy to expand AI data center capacity as debt rises to $8.5 billion from $4.1 billion in 2025. Nebius Group is transitioning to an asset-light model to accelerate AI data center expansion without heavy capital expenditure. The company
NVDA and partners form a coalition to create open tools for securing AI software and agents amid rising industry concerns. Nvidia and more than 30 companies unveiled the Open Secure AI Alliance, aiming to develop and share open technologies to enhance AI safety. The initia
Quick Read - TSLA fell 18% in a week after Q2 EPS of $0.33 missed consensus and free cash flow swung to negative $1.09 billion. - The Cybertruck sold one-sixth of Musk's 250,000-unit annual projection and posted the steepest sales decline of any U.S. EV nameplate in 2025.
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