The European aerospace giant is collaborating with international partners on a new demonstrator project, backed by the EU, to develop high-voltage electrical systems for future short-to-medium range commercial aircraft.
Options data suggests traders are anticipating an 8.6% move in Chipotle's stock price following its July 29 earnings release. An analysis of past reports shows the stock has exceeded the market's volatility expectations in three of the last eight quarters.
Private equity firm Platinum Equity is reportedly close to an agreement to acquire a 50% stake in Nestlé's European water business, in a deal that would value the joint venture at nearly €5 billion.
SoFi Technologies is set to report Q2 earnings on July 29, with investors closely watching for full-year guidance after a series of post-report stock declines despite strong results. The stock's significant year-to-date drop raises the stakes for the fintech company.
The digital asset firm is tapping the high-yield debt market for the first time to fund its Helios Data Center Campus in Texas, which is backed by a 15-year lease agreement with AI cloud provider CoreWeave.
Options data suggests PayPal Holdings Inc. shares could move 5.2% in either direction following its earnings report on July 29. A review of past performance shows the stock has a history of exceeding market expectations for volatility.
Palantir Technologies stock fell more than 4% as investors weighed its demanding valuation, recent stock sales by executives, and a cautious mood in the tech sector. All eyes are now on the company's upcoming second-quarter earnings report.
Analysts at Stifel upgraded DigitalOcean to Buy from Hold and increased their price target, citing growing demand for AI infrastructure and strategic financial moves as key drivers for future growth.
Company-specific news drove significant stock moves Wednesday, with Super Micro Computer and Wabtec rallying on strong financial results while Pegasystems and Palantir fell on earnings misses and broader market pressure.
