Daily Newsroom
Follow market-moving stories, policy signals, and company developments curated by the editorial desk.
Lead story
Shares of defense technology firm AeroVironment rose significantly after the company released an optimistic long-term financial forecast ahead of its investor day. The outlook includes plans to nearly double revenue by 2030 through organic growth.
President Donald Trump said Monday that the United States would either reach a diplomatic agreement with Iran or resort to military action, a statement made following recently stalled talks. An Iranian official dismissed the threat as 'delusional' as tensions remain high.
Investment firm TD Cowen has named Agios Pharmaceuticals a top biotechnology pick following the U.S. Food and Drug Administration's decision to grant priority review to the company's supplemental New Drug Application for mitapivat in treating sickle cell disease.
The European Union is set to introduce more flexibility into its carbon market to address industry concerns over competitiveness. The plan includes new funding mechanisms and a revised emissions timeline, while still requiring investments in clean technologies.
Investment firm Evercore ISI has upgraded Occidental Petroleum to "Outperform" from "Underperform," raising its price target based on the company's improved financial health and cash flow potential.
Trading in Glencore Plc options saw a significant increase on Wednesday, with activity heavily skewed towards call options expiring in July. The surge in volume occurred even as the company's share price declined.
Honda is recalling 325,588 Odyssey minivans from the 2018-2020 model years due to a faulty rearview camera. The defect, which can cause the display image to fail, poses an increased risk of a crash.
Gold prices showed mixed results on Monday as investors balanced expectations that the Federal Reserve might hold interest rates steady against easing inflationary pressures from falling oil prices.
A coalition of 22 Democratic state attorneys general has voiced opposition to a Trump administration plan to impose tariffs on dozens of countries, arguing the move is unlawful and not genuinely aimed at curbing forced labor.
