Lockheed Martin Corp (NYSE:LMT) said on Monday it has signed a definitive agreement to acquire Ultra Maritime for $3.45 billion, in a move aimed at expanding its undersea warfare and anti-submarine warfare capabilities for allied naval forces. Ultra Maritime is a global defense company specializing in advanced undersea systems, including sonar technologies, sonobuoys, torpedo defense systems, radar solutions and autonomous maritime sensing platforms.
Tether has launched Alloy, a synthetic dollar product backed by Tether Gold, in a move that pushes the stablecoin issuer further beyond simple dollar tokens. TL;DR This article was written by the News Desk and edited by Samuel Rae.
Nike ( NKE ) shares continue to slide for one primary reason which the Zacks Rank has warned investors about for the past two years: persistent downward EPS estimate revisions by Wall Street analysts. In just the past few months the consensus EPS estimate for FY 2027 (ends May) has declined by 20% from $2.00 to $1.80.
The U.S. -listed Bitcoin ETFs have seen a record $4.5B outflow in June 2026 as Bitcoin falls 20.5%, while investors shift toward select altcoin ETFs.
FDS' recurring revenues, AI adoption and recent client wins fuel subscription growth. Its rising costs and competition remain key risks.
Shares of Palo Alto Networks Inc. (PANW) climbed more than 5% on Monday after analysts at BTIG and Wells Fargo raised their price targets on the cybersecurity company. The analysts raised prices citing improving business momentum and continued demand for AI-driven security solutions.
NVIDIA (NASDAQ:NVDA | NVDA Price Prediction) owns the AI compute market, but every major customer is spending billions to buy less of what it sells.
Solana price has held above key technical support even after slipping 1.7%, while U.S.-listed spot Solana ETFs have continued attracting fresh inflows as Bitcoin and Ethereum funds recorded weekly withdrawals.
The closure highlights challenges in achieving ambitious fiscal reforms, potentially impacting future government efficiency initiatives. US DOGE Service ends operations after failing to meet its $2T savings target.
Clean Harbors' PFAS growth, AI-backed automation, strong liquidity and buybacks bolster its outlook, though rising costs, no dividend and competition pose risks.
CSCO's networking business is gaining momentum as AI infrastructure demand, campus refresh projects and hyperscaler deployments fuel a broader growth cycle.
Equinor extends its key offshore helicopter services and secures drilling rigs to support long-term production growth on the Norwegian Continental Shelf.
Republic Services' solid waste exposure, dividend growth and buybacks support its outlook, though permit hurdles and a low current ratio raise concerns.
Leaked Anthropic documents reportedly point to a 1.4 gigawatt Australian capacity push worth roughly $22 billion, and IREN (NASDAQ:IREN) sits among a short list of operators with announced gigawatt-scale Australian ambitions to bid for it.
Pagaya and LendingTree target digital lending profits, but AI-driven underwriting and funding scale put PGY's growth story against TREE's mature marketplace.
AVO and LMNR differ in scale, crop exposure, asset mix and growth drivers as investors compare their fundamentals.
Shares of Space Exploration Technologies Corp (NASDAQ:SPCX), doing business as SpaceX, were last seen down 0.5% at $161.13.
Small-cap value is one of the most persistent factor bets in equity research, but the two most popular ways to own it look almost nothing alike under the hood.
Ethereum co-founder Vitalik Buterin has detailed plans for a sweeping, multi-year transformation of the blockchain and smart contract focused protocol that he describes as the network's third major evolutionary phase.
Copart, Inc. (CPRT) Discusses Leadership Transition and Strategic Vision from Incoming CEO Transcript
The tech sector has obviously been a dominant position in the equity market in the last few months. However, considering how crucial technology has been to portfolio growth as of late, some are likely wondering whether the sector still has room to grow or if it is close to reaching its peak.
AstraZeneca PLC (AZN) Discusses Progress in Sustainability Strategy and the Role of AI in Healthcare Innovation Transcript
RGTI is widening quantum access through Cepheus-1 cloud availability, Novera QPU sales and government contracts while broadening its customer base.
Visa (V) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.
Bread Financial is poised to gain from solid credit sales, proactive risk management, financial flexibility, prudent capital deployment and higher return on capital.
e.l.f. Beauty (ELF) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.
Sterling Infrastructure (STRL) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.
Southern Copper (SCCO) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.
Occidental (OXY) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.
Caterpillar (CAT) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.