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The latest stocks coverage from the TrustFinance editorial desk.
German Defence Minister Boris Pistorius has warned that delays and budget overruns will not be tolerated for a planned €10 billion military satellite network, citing the project's critical importance amid heightened security threats.
A unit of ZTE and two other Chinese companies have reportedly received U.S. licenses to purchase advanced AI chips, including Nvidia's powerful H200, amid ongoing tech export controls.
Shares of Dell and Advanced Micro Devices posted significant gains on Tuesday, while medical technology firm Stryker declined. Company-specific news, including a UBS upgrade for FuelCell Energy and a major lease deal for CleanSpark, drove notable volatility in smaller-cap stocks.
Shares of Dell Technologies climbed on Tuesday, fueled by sustained momentum from its AI server business, positive analyst ratings, and a new filing showing a significant institutional investment.
Shares of the specialty foundry soared after the company announced a major, government-backed expansion in Japan and significantly raised its long-term revenue and profit targets.
Ride-hailing giant Uber is reportedly in late-stage negotiations to acquire German food-delivery firm Delivery Hero, with a potential agreement expected as soon as this week.
Analysts at Bernstein reiterated their 'Outperform' rating on Walmart with a $145 price target, arguing that investor concerns over price investments are exaggerated and that the company has a clear path to improved profitability.
The Athens General Composite index edged down 0.16% on Tuesday, pulled lower by weakness in the telecoms and basic resources sectors. Declining stocks outnumbered advancers on the exchange.
Shares of the hospital operator fell after it lowered its full-year earnings forecast due to an increase in uninsured patients, a move that overshadowed a preliminary second-quarter revenue beat.
