Section
The latest stocks coverage from the TrustFinance editorial desk.
Ukraine has finalized agreements with France to acquire Rafale fighter jets and Franco-Italian SAMP/T-NG air defense systems for the first time. The major defense procurement will be financed by a European Union loan program.
Twenty-six former employees have sued Meta Platforms, claiming the company's AI-powered software disproportionately selected workers with disabilities or those on medical leave for mass layoffs.
Fintech company Perpetuals.com has terminated a non-binding agreement to acquire a subsidiary of AI Financial, a crypto firm connected to the Trump family, just one week after announcing the potential deal.
Shares of Perpetuals.com surged as much as 15% on Tuesday after the fintech company announced it had ended discussions to acquire a firm connected to the Trump family-backed crypto venture, World Liberty Financial.
Bank of America's stock declined in pre-market trading despite reporting second-quarter earnings and revenue that surpassed analyst expectations, driven by record trading results and a surge in investment banking fees.
Kratos Defense & Security Solutions (KTOS) stock gained after the company announced it received approximately $400 million in new funding from the U.S. Department of Defense for hypersonic and other national security programs.
Shares of the semiconductor firm surged in pre-market trading after KeyBanc significantly raised its price target, citing strong demand ahead of the company's quarterly earnings report.
International Business Machines Corp. shares fell sharply after preliminary results missed estimates, while Tower Semiconductor stock surged following a major investment announcement in Japan, highlighting a mixed start to the U.S. earnings season.
Liberty Energy and SLB have announced a strategic partnership to provide integrated infrastructure and power generation for data centers, addressing the surging energy demands of the AI industry. The news sent Liberty's shares up approximately 3% in pre-market trading.
