Anduril Weighs Baltimore Shipyard Investment to Build Drone Boats
The defense-tech company is in talks for a production site at historic Sparrows Point, as the Iran war has demonstrated the utility of unmanned surface vessels.
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Whirlpool Abandoned Its Global Ambitions. Now It's in a World of Hurt.
The company's focus on North America has tied its fortunes to the slumping U.S. housing market.
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Palantir Shares Jump on 'Otherworldly' Sales, Improved Forecast
Chief Executive Alex Karp told investors that "demand for AI sovereignty has now been unleashed."
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ON Semiconductor Reports Higher Profit, Revenue on Growing AI Data Center Business
The chipmaker reported second-quarter net income of $226.8 million, up from $170.3 million a year earlier.
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Clorox Projects Tough Fiscal Year with Inflation, Value-Seeking Customers
The company now expects sales to rise between 13% and 14% for the current fiscal year after its fourth-quarter revenue fell to $1.95 billion.
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People Inc. Profit More Than Doubles on Gains From MGM Investment
The company posted a quarterly profit of $506.9 million, boosted by an unrealized gain on the company's investment in MGM.
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Caterpillar Earnings Are Coming. Only 1 Thing Matters.
For Cat's second quarter, Wall Street projects earnings per share of $6.22, up from $4.72 a year ago.
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Amazon Hits $3 Trillion Market Cap for the First Time
Future stock gains could rely heavily on its cloud-computing business's continued success.
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Kalshi Expands 15-Minute Markets Beyond Crypto With Gold and Silver
Kalshi is expanding its fast-growing 15-minute prediction markets to gold and silver as it works toward eventually offering similar contracts tied to individual stocks.
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Northrop Grumman Enters Contracts to Increase Missile Defense Production
Northrop Grumman signed two agreements totaling $3 billion to speed up production of missile interceptors.
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Lantheus Holdings to Be Acquired for Initial $6.7 Billion
Curium said it would pay $102.50 a share in cash for Lantheus, a 2.9% premium to Friday's closing price of $99.64 and 8.5% above Lantheus's closing price of $94.47 on May 21, before Bloomberg reported that Curium was circling the company.
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Visa to Buy Fraud Defense Platform BioCatch in $2.4 Billion Deal
Visa is acquiring BioCatch, a fraud-reduction platform that uses artificial intelligence , for $2.4 billion in cash.
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KKR to Buy Integer Holdings for $4.3 Billion
Investment firm KKR has struck a deal to acquire medical-device outsourcing company Integer Holdings for $127 a share.
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Rising Beef Costs Pressure Tyson's Bottom Line
The meatpacking company lowered its profit outlook for the year as a cattle shortage in the U.S. drives up expenses.
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JPMorgan Chase to Invest $750 Billion to Boost U.S. Housing Supply, Homeownership
The bank aims to finance one million affordable housing units and provide loans to 200,000 first-time home buyers through 2035.