German Navy Frigate Cancellation Batters Shipyards, Weighs on Defense Stocks
German defense stocks slide after Berlin scraps frigate program, battering shipbuilder ThyssenKrupp and suppliers like Rheinmetall amid budget concerns.
German defense stocks slide after Berlin scraps frigate program, battering shipbuilder ThyssenKrupp and suppliers like Rheinmetall amid budget concerns.
SpaceX is set to join the Nasdaq-100 index using a new fast-track rule, prompting rebalancing in QQQ and other index-tracking funds.
Hub International's confidential IPO, backed by Hellman & Friedman, intensifies competition for Aon and Marsh & McLennan, highlighting strong insurance brokerage sector…
Charter Communications and SpaceX are reportedly in discussions to launch a mobile phone service in the US, leveraging SpaceX's Starlink satellite network…
Magnolia Oil & Gas (MGY) is the frontrunner to acquire WildFire Energy for more than $4 billion, a deal that would create…
A US judge ruled that the Department of Justice failed to justify its motion to dismiss the fraud case against the Adani…
Apple’s Vision Pro and smart glasses chief Paul Meade departs for OpenAI, casting uncertainty over the tech giant's mixed-reality product pipeline amid…
FTC approval of Elon Musk’s acquisition of SpaceX alumni firm Mesh lifts Tesla shares amid renewed M&A momentum.
Exxon’s top US gas trader exits to Expand, sparking concerns about a talent drain that could weigh on the energy giant’s stock…
Ex-Goldman Sachs strategist Abby Joseph Cohen warns elevated equity valuations obscure risks, signaling potential correction if earnings fail to meet expectations.
Mercedes-Benz and GIC’s backing of Momenta’s IPO underscores autonomous driving’s investment appeal and may ripple across Chinese tech stocks and German auto…
Shares of Morgan Stanley and Goldman Sachs fell sharply after reports suggested OpenAI's IPO could be delayed, impacting the banks' underwriting fee…