The U.S. Department of Defense has entered a seven-year agreement with Raytheon to dramatically increase output of key missiles, including Tomahawk cruise missiles and air-to-air interceptors, as part of a broader push to replenish inventories and bolster the defense industrial base.
Shell has agreed to sell a 20% stake in Brazil's deepwater Orca Project to Kuwait Foreign Petroleum Exploration Company (KUFPEC), reinforcing a long-standing energy partnership while maintaining operatorship and a 50% holding in the key pre-salt asset.
Crypto.com debuts its new prediction markets platform OG as state regulators intensify enforcement against rival operators, positioning the exchange to capitalize on growing demand while navigating legal challenges.
The retail behemoth Walmart has crossed the $1 trillion market valuation milestone, capping a remarkable 468% stock surge over the past ten years fueled by digital expansion and a broadening consumer appeal.
Saudi Arabia's SPPC closes its Emirati subsidiary, Al Madinah Packaging Co., as part of a strategic pivot to shed non-core assets and refocus on high-growth domestic and regional markets.
Michael Burry, the investor famed for predicting the 2008 financial crisis, warns that Bitcoin's sharp decline could trigger cascading liquidations and expose vulnerabilities in corporate treasuries and tokenized markets.
A former adviser to Donald Trump claims AI-powered transparency will prevent Bitcoin from ever reaching $1 million, drawing swift backlash from the crypto community and reigniting debates about the digital asset's core value proposition.
Once a niche crypto-adjacent experiment, prediction markets now see monthly volumes in the billions. As platforms like Polymarket and brokers like Robinhood capitalize on the boom, experts urge caution for traders and investors navigating this high-risk, high-reward frontier.
Following a strategic review, Darden Restaurants will shutter 14 Bahama Breeze outlets across the U.S. by 2026, with the remaining sites set for conversion to other brands within its portfolio, signaling a major shift for the Caribbean-themed casual dining chain.
Recent volatility in Ipsos (ENXTPA:IPS) shares has investors questioning whether the stock's current price of €34.76 represents a buying opportunity, given a significant gap to some fair value estimates. We examine the data behind the valuation debate and the risks involved.
Regulatory milestones for two AstraZeneca cancer drugs—one in the U.S. and one in Europe—signal momentum for the pharma giant's targeted oncology pipeline, offering new hope for patients with difficult-to-treat cancers.
GameStop CEO Ryan Cohen has unveiled plans for a potentially transformative acquisition of a publicly traded consumer company, signaling a strategic pivot that could reshape the retailer's future. The company may sell its Bitcoin assets to finance the move, while the board has tied Cohen's compensation to ambitious new growth targets.
Analysts have raised their price target for school bus manufacturer Blue Bird (BLBD) to $76, signaling renewed optimism following better-than-expected quarterly results and a robust near-term forecast, even as the firm's core fair value estimate holds steady.
As Denali Therapeutics prepares to present new data on its blood-brain barrier platform at a major symposium, the company faces a pivotal moment with an upcoming FDA decision. Investors are weighing promising science against financial pressures and execution risks.
Shares of Pharming Group (ENXTAM:PHARM) came under pressure after the U.S. FDA issued a Complete Response Letter for its supplemental filing of Joenja in children with APDS. While the short-term sentiment turned negative, the company's longer-term growth trajectory and valuation gap present a complex picture for investors.
Following a strong quarterly performance, MINISO Group has unveiled an accelerated global expansion plan and a deepened commitment to its proprietary intellectual property platform, reshaping its growth narrative and investor calculus.
Amid a broader market selloff, Standard Chartered advises investors to look beyond short-term volatility and accumulate positions in high-quality blockchain projects like Ethereum and Solana, viewing the downturn as a strategic entry point for long-term gains.
Kyivstar Group's successful secondary offering on Nasdaq has bolstered its war chest, enabling a sharper pivot towards building a digital ecosystem and pursuing strategic acquisitions beyond its core telecom operations.
Freeport-McMoRan's shares have soared on robust earnings and copper demand, but analysts are divided on whether the rally has outpaced the miner's fundamental value.
LiveRamp Holdings' shares have tumbled nearly 70% over five years, presenting a stark contrast between its discounted cash flow valuation and its premium trading multiples. As the market grapples with its positioning, investors are left weighing deep-seated pessimism against potential hidden value.
