The aerospace company announced its largest-ever launch services agreement, a multi-launch deal with the U.S. Space Force, sending its stock up 5% in Monday's trading.
Coca-Cola's dairy brand, fairlife, has restarted most operations at four U.S. facilities following a production halt caused by a cyberattack. The beverage giant does not expect the incident to have a material financial impact.
U.S. stock futures climbed, with technology shares gaining on positive AI-related news while energy stocks declined after a sharp drop in crude oil prices eased inflation concerns.
Gossamer Bio shares soared in pre-market trading after the company announced a clear regulatory path for its pulmonary hypertension drug, seralutinib, and regained full global rights from its partner Chiesi.
The UK's highest court has ruled in favor of Tesla, allowing the automaker to proceed with its lawsuit against InterDigital and Avanci to determine fair licensing terms for 5G patents essential for its connected vehicles.
The private equity arm of Goldman Sachs has agreed to buy a controlling stake in medical device maker Numantec from White Bridge Investment. The transaction values the Italian firm at approximately €700 million, according to a source familiar with the deal.
Swedish defense firm Saab announced a new order for its GlobalEye airborne early warning and control system from an undisclosed customer. The company did not reveal the financial details of the contract, citing national security and industry practices.
The Trump administration's push to end US dependence on Chinese critical minerals by January 2027 is colliding with industry reality, as domestic miners and processors are years away from meeting national demand for materials vital to defense and manufacturing.
Shares of Zara-owner Inditex climbed after Barclays upgraded the stock to 'Overweight,' citing the retailer's strong pricing power and potential for mid-term earnings growth ahead of market consensus.
