Philippine Airlines is reportedly close to a significant fleet renewal, planning to order 15 Boeing 787-10 and nine Airbus A350-1000 jets, according to industry sources. The move would mark the carrier's first Boeing purchase in nearly two decades.
Shares of the Spanish airport operator gained after Bernstein and Bank of America upgraded the stock, citing a stronger earnings outlook driven by accelerating passenger traffic and commercial revenues.
The USDC stablecoin issuer received the green light from the Office of the Comptroller of the Currency to establish a federally regulated trust bank, boosting its stock more than 10% in premarket trading.
Rare earths startup ReElement Technologies is no longer seeking an $80 million Pentagon loan after reportedly struggling to meet due diligence requirements. The move raises questions about a key U.S. initiative to build a domestic critical minerals supply chain independent of China.
Major retailers like Walmart and Amazon are rapidly scaling drone delivery operations, anticipating a Federal Aviation Administration rule change that could remove the largest barrier to widespread, profitable deployment.
Investment firm B. Riley Securities reiterated its Buy rating on telehealth company LifeMD, citing a series of growth catalysts including a new Medicare GLP-1 program and a branded pharmacy collaboration.
The European Commission has charged Meta Platforms with breaching the Digital Services Act, alleging that features on Facebook and Instagram are designed to be addictive and pose risks to minors. The company could face fines of up to 6% of its global turnover if it fails to address the regulator's concerns.
The German truckmaker reported selling 82,900 vehicles in the second quarter, a 4% year-over-year increase, driven by strong performance in China and Brazil.
A B. Riley survey of major digital and physical retailers indicates robust early pre-order sales for Take-Two Interactive's Grand Theft Auto VI, supporting the firm's projection of $2.5 billion in net bookings for the title in fiscal 2027.
