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ARK Invest sells $99 million Roku stake, pivoting to AI infrastructure
ROKU

ARK Invest sells $99 million Roku stake, pivoting to AI infrastructure

Cathie Wood’s ARK Invest sold 731,000 shares of Roku Inc. on June 29, 2026. The transaction is valued at approximately $99 million. This divestment signals a...

Kailera Therapeutics joins Russell 3000E, scales leadership for obesity trials
KLRA

Kailera Therapeutics joins Russell 3000E, scales leadership for obesity trials

Kailera Therapeutics, Inc. appointed Kathleen Tregoning as Chief Corporate Affairs Officer on June 29, 2026. CEO Ron Renaud stated Tregoning will support the...

EDF Sells 5.6GW North American Renewables Portfolio to KKR
XLU

EDF Sells 5.6GW North American Renewables Portfolio to KKR

French utility Électricité de France (EDF) agreed to sell its renewable energy business in the United States and Canada to KKR. The portfolio includes a net...

GAIN

Gladstone Investment to Acquire Extrude Hone, Expanding Industrial Niche Portfolio

Gladstone Investment Corporation entered a definitive agreement to acquire Extrude Hone LLC. Extrude Hone provides precision surface-finishing solutions for...

XLB

Martin Marietta to acquire Lhoist for $13.5B, expanding construction materials footprint

Martin Marietta Materials Inc. will acquire Lhoist North America in a $13.5 billion transaction. The deal consists of a combination of cash and stock. Martin...

Sandoz Challenges Eli Lilly With Generic Mounjaro and Zepbound Filings
IYH

Sandoz Challenges Eli Lilly With Generic Mounjaro and Zepbound Filings

The FDA accepted two applications from Swiss drugmaker Sandoz for generic versions of Eli Lilly’s tirzepatide medications, Mounjaro and Zepbound. These...

RTX's Raytheon Wins $1.1 Billion Navy Deal, Boosting AIM-9X Production
XAR

RTX's Raytheon Wins $1.1 Billion Navy Deal, Boosting AIM-9X Production

RTX's Raytheon division secured a $1.1 billion U.S. Navy contract for AIM-9X Block II missiles. The award funds short-range, infrared-guided missiles and...

Carnival Overhauls Fleetwide Dining to Boost Loyalty, Citing 100 Million Annual Meals
XLY

Carnival Overhauls Fleetwide Dining to Boost Loyalty, Citing 100 Million Annual Meals

Carnival Cruise Line launched The Next Course, a fleetwide culinary enhancement program. The initiative introduces new specialty restaurants and bars for ships...

Walmart buys Vibe.co for $1B, challenging Amazon’s advertising business
VDC

Walmart buys Vibe.co for $1B, challenging Amazon’s advertising business

Walmart agreed to acquire Vibe.co, a self-service connected TV advertising platform. The deal is reportedly valued at over $1 billion. This acquisition...

AXISBANK.NS

Axis Bank CFO Puneet Sharma resigns, board approves leadership appointments

Axis Bank Chief Financial Officer Puneet Sharma will resign effective August 31, 2026. Sharma served the bank for over six years. He is departing to pursue the...

TCOM

Trip.com downgraded to Hold, facing China regulatory scrutiny

Seeking Alpha analysts downgraded Trip.com Group Ltd. to a Hold rating on June 29, 2026. The stock’s market capitalization fell substantially from its recent...

PMNT

Perfect Moment Reports Revenue Growth but Faces 'Going Concern' Warning

Perfect Moment Ltd. reported its fiscal fourth-quarter and full-year 2026 results, announcing a 13.4% increase in Q4 revenue to $5.7 million and a significant...

VDE

Matador JV buys Cardinal Midstream for $752M to scale Delaware Basin operations

Matador Resources’ joint venture, San Mateo Midstream, agreed to acquire Cardinal Midstream Partners’ subsidiaries for $752 million in cash. The acquisition...

BlackRock’s IBIT sheds $1.3 billion, fueling record Bitcoin ETF outflows
IBIT

BlackRock’s IBIT sheds $1.3 billion, fueling record Bitcoin ETF outflows

BlackRock’s iShares Bitcoin Trust (IBIT) recorded a record $1.3 billion in net outflows between June 22 and June 26, 2026. These withdrawals accounted for...

LVMH targets AI billionaires with Orient Express, pivoting to luxury experiences
LVMUY

LVMH targets AI billionaires with Orient Express, pivoting to luxury experiences

LVMH and Accor are reviving the Orient Express brand through a luxury experience joint venture. The partnership recently launched the first of two superyachts....

Generac Target Hiked to $285, Riding Data Center Boom
GNRC

Generac Target Hiked to $285, Riding Data Center Boom

Barclays increased its price target for Generac Holdings to $285 from $228. The firm maintained an Equalweight rating. Analysts anticipate strong growth driven...

Alto Ingredients Joins Russell 2000, Boosting Institutional Investor Exposure
ALTO

Alto Ingredients Joins Russell 2000, Boosting Institutional Investor Exposure

Alto Ingredients, Inc. joined the Russell 2000® and Russell 3000® Indexes following the U.S. market close on Friday, June 26, 2026. The company produces...

Tata Motors targets 20% market share, doubling sales via premium EV shift
TMPV.NS

Tata Motors targets 20% market share, doubling sales via premium EV shift

At its Investor Day 2026, Tata Motors Passenger Vehicles announced a goal for 20% Indian market share. The company expects to reach this target by fiscal year...

Grid Dynamics Exits Russell and S&P Indices, Risking Short-Term Selling Pressure
47E.F

Grid Dynamics Exits Russell and S&P Indices, Risking Short-Term Selling Pressure

Grid Dynamics Holdings, Inc. (Nasdaq: GDYN) will exit the Russell 3000E Growth Benchmark. The company will also be removed from several S&P indices. These...

ONGC taps BP for 43 offshore blocks, targeting production growth
ONGC.NS

ONGC taps BP for 43 offshore blocks, targeting production growth

State-controlled Oil and Natural Gas Corporation (ONGC) signed a technical services contract with BP for its Western Offshore Basin fields. The agreement...