Fluence Energy (NASDAQ:FLNC) stock gained 4% in after-hours trading after the company announced it will supply a large-scale battery storage system for the Rexford 2 renewable energy project in California.
A U.S. federal appeals court has reinstated Teva's lawsuit against Eli Lilly, which alleges Lilly breached a settlement agreement by unlawfully delaying the launch of a generic version of the osteoporosis drug Forteo.
The U.S. is borrowing an average of $155 billion per month in fiscal year 2026, putting the federal deficit on a path to surpass $2 trillion, according to budget watchdog projections. Surging interest costs are a primary driver, now exceeding the combined spending of several major government departments.
Analyst firm Raymond James anticipates the merger between Warner Bros. Discovery and Paramount Global will proceed on July 22, even as a coalition of 12 state attorneys general files a lawsuit to block the deal on antitrust grounds.
The British pound edged higher, but the U.S. dollar gained broader support as rising oil prices, spurred by military strikes in the Middle East, reinforced expectations for a hawkish Federal Reserve.
Semiconductor and data storage stocks, including Marvell Technology and Western Digital, fell sharply on Monday, contributing to a significant downturn in the tech-heavy Nasdaq Composite.
Shares of the fast-casual chain gained after Mizuho raised its price target, citing surprisingly strong customer traffic trends for the second quarter ahead of the company's late-July earnings report.
Shares of the egg producer fell amid a wider market downturn, with investors remaining cautious following a Q1 earnings miss and a significant reduction in full-year revenue guidance.
Fast-fashion giant Shein is reportedly aiming for a Hong Kong initial public offering as soon as August, seeking to raise up to $3 billion after receiving a crucial green light from China's securities regulator.
