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Company News
Johnson & Johnson (JNJ)
Performance Overview
1D Change: 6.23%
5D Change: 5.45%
Johnson & Johnson Beats Earnings Expectations, Raises Full-Year Outlook Amid Strong Sales
Johnson & Johnson (J&J) has delivered a strong performance in the second quarter of 2025, surpassing Wall Street expectations and prompting the company to raise its full-year outlook. The healthcare giant reported earnings per share of $2.77, beating the estimated $2.68, and revenue of $23.74 billion, exceeding the forecast of $22.86 billion.
Full coverage of $JNJ on MarketFlux.io
Blackrock, Inc. (BLK)
Performance Overview
1D Change: 3.44%
5D Change: -0.57%
BlackRock Stock Rebounds Amid Mixed Analyst Reactions and Indian Market Expansion
BlackRock faces mixed news as analysts adjust their outlook. Jefferies and KBW lowered their price targets for the company, citing margin pressures. Despite this, BlackRock's stock bounced back as Wall Street shrugged off a massive client redemption.
Full coverage of $BLK on MarketFlux.io
Valero Energy Corporation (VLO)
Performance Overview
1D Change: -3.73%
5D Change: -3.96%
Valero Energy Sees Mixed Analyst Reactions Following Q3 Earnings Release
Valero Energy Corporation (VLO) released its Q3 2024 earnings call transcript today. The company faced mixed analyst reactions, with Morgan Stanley maintaining an Overweight rating and raising the price target to $160. However, Citigroup downgraded VLO from Buy to Neutral.
Full coverage of $VLO on MarketFlux.io
Other News
Stock Markets Events
Goldman Sachs Shatters Records with Best-Ever Stock Trading Quarter, Surpassing Profit Estimates
Goldman Sachs has reported its most successful trading quarter in history, with equity-trading revenue reaching a record-breaking $4.3 billion for the second quarter. This exceptional performance has propelled the investment bank's profits beyond market expectations.
Stock Futures Dip as Rate Cut Hopes Fade and Inflation Worries Persist
S&P 500 and Nasdaq futures slip as investors reassess expectations for interest rate cuts amid inflation concerns.
Wall Street Giants Beat Earnings Expectations on Strong Trading and Wealth Management
Goldman Sachs and Morgan Stanley exceed earnings estimates. Morgan Stanley's profit rises, boosted by strong trading and wealth management performance in a volatile quarter.
Geopolitics Events
Trump Denies Imminent Firing of Fed Chair Powell, Markets Whipsaw Amid Conflicting Reports
In a dramatic turn of events, President Donald Trump has sparked market chaos and speculation about the future of Federal Reserve Chair Jerome Powell. The day began with reports from CBS News that Trump had asked Republican lawmakers if he should fire Powell, indicating to allies that he intended to do so. This was followed by a Bloomberg report citing a White House official who claimed Trump was likely to fire Powell "soon."
U.S. Producer Prices Cool Unexpectedly, Industrial Production Surges
The latest U.S. economic data reveals a significant cooling in producer price inflation, with the June Producer Price Index (PPI) falling to 2.3% year-over-year, below expectations of 2.5% and the previous month's 2.6%. This marks the lowest annual pace since September 2024, indicating a continued easing of inflationary pressures in the production sector.
Oil Prices Slide on Unexpected Fuel Stock Build, Trump Pushes for Lower Prices
The U.S. Energy Information Administration (EIA) released its weekly report, revealing a surprising draw in crude oil inventories. However, this was overshadowed by unexpected increases in gasoline and distillate stocks. The news caused oil prices to slip for the third consecutive day, with both U.S. and Brent crude futures dropping.
Trump Secures GOP Support for Crypto Bills, Sparking Market Rally
President Trump's crypto bills faced initial resistance from House Republicans, but the situation has rapidly evolved. Rep. French Hill announced strong bipartisan support for the proposed crypto market structure bill, signaling a shift in political dynamics.
Trump Shakes Up Global Trade and Ukraine Policy, Threatening Pharma Tariffs and Reversing Weapons Stance
In a flurry of developments, President Donald Trump has taken center stage in international affairs and trade negotiations. A potential meeting of Patriot owner nations and Ukraine donors is set for next week, aiming to secure additional air defense batteries for Kyiv. This comes as Putin remains undeterred by Trump's presidency, with concerns that Russia could seize more Ukrainian territory.
Trump Escalates Trade Tensions with New Tariff Announcements, EU Prepares Retaliation
President Trump has announced a series of new tariff measures, signaling an escalation in his trade policy. He stated that tariffs "possibly slightly above 10%" will be imposed on smaller economies, with official notifications to be sent out soon. Additionally, Trump confirmed that tariffs will take effect on August 1, and a deal has been reached.
Trump Teases Possible New Deal with India, Promises "Good Deals" Ahead
President Trump hints at a potential new deal with India, sparking speculation about future economic or diplomatic engagements.
Trump's Cryptocurrency Gets Green Light for Trading
Token holders of Trump's World Liberty Financial cryptocurrency have approved trading for the digital asset. The vote allows the crypto tokens to become tradable, marking a significant development for the cryptocurrency associated with the former president.
US Moves to Ban Chinese Tech in Submarine Cables
The United States is preparing to implement a ban on Chinese technology in submarine cables, according to reports from the Financial Times.
Trump and Qatari Emir to Discuss Gaza Ceasefire and U.S.-Iran Nuclear Talks
President Trump is set to meet with Qatar's Emir on Wednesday to discuss crucial diplomatic matters. The agenda includes ongoing negotiations for a Gaza ceasefire deal and potential efforts to restart U.S.-Iran talks for a new nuclear agreement.
Trump Dismisses Epstein Case Discussions, Calls Proponents "Stupid People"
President Trump lashes out at those discussing the Epstein case, labeling it a "hoax" and calling them "stupid people."
Iran's Supreme Leader Threatens Greater Retaliation, Accuses U.S. of Aiding Israel
Iran's Supreme Leader Khamenei has made a series of provocative statements, escalating tensions in the region. He declared Iran's readiness to respond to any renewed military attack, claiming the ability to inflict greater damage on adversaries than seen in the recent Iran-Israel conflict.
Trump Unveils Global Tariff Strategy, Confirms Japan Tariff, and Announces Indonesia Trade Deal
President Trump has announced plans to notify over 150 countries about upcoming tariff rates, signaling an aggressive trade strategy. He confirmed the US will maintain a 25% tariff on Japan, despite earlier speculation of a new deal.
Trump Hosts Bahrain PM for High-Stakes Trade Talks at White House
President Trump welcomes Bahrain's Prime Minister to the White House for talks on trade and strategic partnerships. The meeting, highlighted by Secretary of State Marco Rubio, is expected to yield $17 billion in U.S. deals.
U.S. and Syria Agree on Steps to End Conflict as Syrian Forces Urged to Withdraw
The U.S. State Department urges Syrian government forces to withdraw from a flashpoint area to enable de-escalation.
Trump Signs Fentanyl Bill, Speculates on China's Response; Tariff Plans Loom
President Trump signs legislation strengthening penalties for fentanyl trafficking, calling it a "historic step toward justice." He speculates China may impose the death penalty for fentanyl production.
Trump Slams Republicans Demanding Epstein File Release
President Trump lashes out at Republicans demanding the release of Jeffrey Epstein-related documents. He calls these supporters "weaklings" and "stupid people."
USTR Greer Touts Trump's Tariffs, Targets Trade Deficit Reduction
US Trade Representative Greer reports China's cumulative tariff rate at 55%. He praises Trump's expanded tariff program for boosting industrial investment in the US.
Kremlin Prioritizes Ukraine Weapons Issue as Trump Issues Ultimatum to Russia
The Kremlin has placed weapon supplies to Ukraine high on its agenda, describing U.S. involvement as "business." While no phone call with President Trump is currently planned, the Kremlin states it can be organized quickly if needed.
German Finance Minister Cautions: Trump's Tariffs Equally Perilous for US and European Economies
German Finance Minister Klingbeil warns that Trump's tariffs pose equal risks to both US and European economies. He emphasizes the importance of European sovereignty and the need for Europe to defend its interests during uncertain times.
Bahrain Crown Prince Pledges $17 Billion in U.S. Investments During White House Meeting
Bahrain's Crown Prince Salman met with President Trump at the White House, pledging $17 billion in new U.S. investments. The commitment includes potential Boeing jet orders and underscores Bahrain's role as a key U.S. ally in the Middle East.
Coca-Cola Agrees to Use Real Cane Sugar in US Coke Products After Trump Talks
President Trump announces breakthrough in discussions with Coca-Cola.
Swiss-US Trade Deal Hangs on Trump's Approval, Bern Confirms
Swiss officials approved a draft trade deal with the US nearly two weeks ago. The Swiss government confirms they are continuing talks while awaiting President Trump's sign-off on the agreement.
Macro Events
Trump Denies Imminent Firing of Fed Chair Powell, Markets Whipsaw Amid Conflicting Reports
In a dramatic turn of events, President Donald Trump has sparked market chaos and speculation about the future of Federal Reserve Chair Jerome Powell. The day began with reports from CBS News that Trump had asked Republican lawmakers if he should fire Powell, indicating to allies that he intended to do so. This was followed by a Bloomberg report citing a White House official who claimed Trump was likely to fire Powell "soon."
UK Inflation Surges Beyond Expectations, Core CPI Hits 3.7%
UK inflation surged in June, surpassing expectations across multiple indicators. The Consumer Price Index (CPI) rose to 3.6% year-over-year, up from 3.4% in May. Core CPI climbed to 3.7%, while services CPI held steady at 4.7%.
Indonesia Cuts Interest Rates and Secures US Trade Deal Amid Global Economic Uncertainty
In a significant development, Indonesia's central bank, Bank Indonesia, has cut its benchmark interest rate by 25 basis points to 5.25%. This decision comes in the wake of US President Donald Trump's announcement of a 19% tariff on goods from Indonesia, Southeast Asia's largest economy. The rate cut is aimed at shoring up growth and supporting the economy in light of these new trade challenges.
Italian and Eurozone Trade Balances Surge, UK Inflation Ticks Up
Italy's trade balance for May significantly exceeded expectations, reaching €6.163B compared to the forecast of €2.870B. The EU trade balance also improved to €0.78B from €0.16B.
Producer Prices Stagnate in June, Hinting at Possible Inflation Cool-Down
U.S. producer prices remained unchanged in June, following a 0.3% gain in May. This flat reading surprised analysts who expected a 0.2% increase.
Trump Escalates Trade Tensions with New Tariff Announcements, EU Prepares Retaliation
President Trump has announced a series of new tariff measures, signaling an escalation in his trade policy. He stated that tariffs "possibly slightly above 10%" will be imposed on smaller economies, with official notifications to be sent out soon. Additionally, Trump confirmed that tariffs will take effect on August 1, and a deal has been reached.
ASML Stock Tumbles on 2026 Growth Warning Amid Tariff Concerns
ASML, the world's largest supplier of chip-making equipment, faces a stock slump despite strong Q2 bookings. The company warns of potential stagnation in 2026 sales growth, rattling investors.
Traders Ramp Up Bets on Fed Rate Cuts as Interest-Rate Futures Climb
Short-term US interest-rate futures are rising as traders increase their bets on Federal Reserve rate cuts.
Fed Beige Book Shows Slight Economic Growth Amid Cautious Outlook
The Federal Reserve's latest Beige Book report reveals a mixed economic landscape across the United States. Economic activity increased slightly from late May through early July, with five districts reporting modest gains, five showing flat activity, and two experiencing declines.
Fed Official Signals Inflation Concerns, Tariff Effects May Linger
Fed's Bostic warns of potential inflation pressures, citing recent CPI data. He suggests the U.S. may be at an inflation inflection point.
USTR Greer Touts Trump's Tariffs, Targets Trade Deficit Reduction
US Trade Representative Greer reports China's cumulative tariff rate at 55%. He praises Trump's expanded tariff program for boosting industrial investment in the US.
House Republicans to Meet Powell, Monetary Policy Tensions in Focus
Republicans on the House Financial Services Committee are set to meet with Federal Reserve Chair Jerome Powell tonight from 6:00 to 7:30 p.m.
Bond Markets Fluctuate Amid Mixed Inflation Signals and Political Uncertainty
Japan's super-long bonds rebounded on Wednesday after a recent sell-off, while global markets grapple with inflation concerns. Bond bears and US dollar bulls are leading the charge as inflation expectations surge. However, a US CPI miss triggered confusing reactions across equities and bonds.
German Finance Minister Cautions: Trump's Tariffs Equally Perilous for US and European Economies
German Finance Minister Klingbeil warns that Trump's tariffs pose equal risks to both US and European economies. He emphasizes the importance of European sovereignty and the need for Europe to defend its interests during uncertain times.
Indonesia Projects Cautious Lending Growth as Trump Pushes for Fed Rate Cuts
Indonesia's central bank governor reports cautious lending practices affecting credit supply, with 2025 loan growth projected at 8-11%. Banks received 376 trillion rupiah in liquidity incentives by early July.
House Speaker Calls for New Federal Reserve Leadership
House Speaker Johnson has called for new leadership at the Federal Reserve, stating that it "would be helpful."
GOP Senator Warns Against Firing Fed Chair, Cites Credibility Concerns
US Senate Republican Banking Committee Member Thom Tillis warns against dismissing the Federal Reserve Chair over economic decisions.
South African Retail Sales Show Modest Growth, Miss Expectations
South African retail sales increased by 4.2% year-on-year in May, slightly below estimates of 4.5%. Month-on-month sales growth slowed to 0.1% from April's revised 1.1%.
MIsc Events
Israel Launches Multiple Strikes on Syrian Targets, Warns of Further Escalation
Israeli forces have launched a series of attacks on Syrian targets, escalating tensions in the region. An airstrike hit Syria's Defense Ministry in Damascus, according to Syrian security sources. The Israeli military confirmed striking the entrance gate of the Syrian military headquarters in the capital.
EU Unveils Landmark €2 Trillion Budget Proposal with Major Shifts in Spending Priorities
The European Union has unveiled a groundbreaking draft budget proposal for 2028-2034, totaling nearly €2 trillion. This ambitious plan, described by EU Commission President Von Der Leyen as a "Budget for a New Era," reflects significant shifts in priorities and funding allocations.
EU Commission Proposes €2 Trillion Budget with Focus on Defense and Competitiveness
The European Commission has unveiled a proposal for a €2 trillion EU budget for 2028-2034. Budget Commissioner Piotr Serafin announced the plan, which emphasizes economic competitiveness and defense spending.
Tempus Gains FDA Clearance for AI Heart Monitoring Software, Stock Rises
Tempus ($TEM) receives FDA 510(k) clearance for its ECG-Low EF software, an AI tool flagging patients 40+ at risk of low ejection fraction.
MP Materials Launches Major Stock Offering Following Apple Partnership
MP Materials announces a $500 million public offering of common stock.
KKR Eyes Acquisition of Italian Health-Tech Firm GPI
KKR, the buyout firm, is exploring a potential acquisition of GPI, an Italian health-care technology company.
Earnings Events
Johnson & Johnson Beats Q2 Expectations, Raises Full-Year Outlook
Johnson & Johnson (JNJ) reported its Q2 2025 earnings, surpassing analyst expectations. The company's revenue reached $23.74B, a 5.8% increase year-over-year, beating estimates of $22.86B. Adjusted EPS came in at $2.77, exceeding the forecast of $2.68, despite a 1.8% decline from the previous year.
Morgan Stanley Beats Q2 Estimates, Boosted by Record Stock Trading and Wealth Management Growth
Morgan Stanley reports impressive Q2 earnings, beating estimates with a 6% year-over-year revenue increase to $16.79 billion. The financial giant's success is driven by strong performances in wealth management and trading.
Wall Street Giants Beat Earnings Expectations on Strong Trading and Wealth Management
Goldman Sachs and Morgan Stanley exceed earnings estimates. Morgan Stanley's profit rises, boosted by strong trading and wealth management performance in a volatile quarter.
Markets Fluctuate as Investors Digest Earnings, Inflation Data, and ASML's Warning
Stock futures slipped as investors awaited more bank earnings and inflation data. Expectations for U.S. interest rate cuts were dialed back amid higher inflation concerns.
ADTRAN Stock Soars on Strong Preliminary Q2 Revenue
ADTRAN Holdings, Inc. reports preliminary Q2 2025 revenue exceeding guidance.
United Airlines Faces Headwinds as Q2 Revenue Misses Mark, Travel Spending Slows
United Airlines reports Q2 results, with revenue missing estimates and profit matching or slightly beating expectations. The company's outlook indicates lower-than-anticipated profits due to a decline in travel spending.
Oil And Gas Events
Oil Prices Slide on Unexpected Fuel Stock Build, Trump Pushes for Lower Prices
The U.S. Energy Information Administration (EIA) released its weekly report, revealing a surprising draw in crude oil inventories. However, this was overshadowed by unexpected increases in gasoline and distillate stocks. The news caused oil prices to slip for the third consecutive day, with both U.S. and Brent crude futures dropping.
Drone Strikes Kurdistan Oil Fields; Iran Seizes Foreign Tanker for Fuel Smuggling
A drone attack has been reported on DNO-operated oil fields in Iraq's Kurdistan, according to the Kurdistan Counter-Terrorism Service.
U.S. Crude Stocks Plummet While Gasoline and Distillate Inventories Surge, Defying Expectations
The latest EIA report reveals significant shifts in U.S. oil inventories. Crude oil stocks dropped by 3.859 million barrels, surpassing expectations of a 1.8 million barrel decrease. This decline was more pronounced than the previous week's 7.070 million barrel increase.
TotalEnergies Projects Production Increase as India Explores LNG Deal with Alaska
TotalEnergies expects hydrocarbon production to hit the midpoint of its Q2 guidance, with a 2.5% increase. Meanwhile, India's GAIL is in initial talks for a long-term LNG deal with Alaska LNG, highlighting India's growing energy needs.
Oil Demand Holds Steady Despite China's Slowing CPI; TotalEnergies Expects Production Boost
China's July CPI slows, but oil demand remains steady as refiners tap surplus. French oil major TotalEnergies anticipates a 2.5% increase in hydrocarbon production for Q2 2025.
Global Oil Market Sees Mixed Signals as Indonesia Inks U.S. Energy Deal and China Boosts Refinery Output
Indonesia's Pertamina has signed MOUs with U.S. companies to optimize feedstock and explore potential collaborations in the refinery sector. This marks a significant development in international energy trade.
Drone Strike on Kurdish Oilfield Prompts Production Suspension
A drone attack targeted an oilfield in Iraqi Kurdistan, reportedly operated by a US firm. In response, the Association of Petroleum Industry of Iraq's Kurdistan (APIKUR) announced that most member companies have suspended production.
Fixed Income And Interest Rates Events
Indonesia Cuts Interest Rates and Secures US Trade Deal Amid Global Economic Uncertainty
In a significant development, Indonesia's central bank, Bank Indonesia, has cut its benchmark interest rate by 25 basis points to 5.25%. This decision comes in the wake of US President Donald Trump's announcement of a 19% tariff on goods from Indonesia, Southeast Asia's largest economy. The rate cut is aimed at shoring up growth and supporting the economy in light of these new trade challenges.
Traders Ramp Up Bets on Fed Rate Cuts as Interest-Rate Futures Climb
Short-term US interest-rate futures are rising as traders increase their bets on Federal Reserve rate cuts.
Bond Markets Fluctuate Amid Mixed Inflation Signals and Political Uncertainty
Japan's super-long bonds rebounded on Wednesday after a recent sell-off, while global markets grapple with inflation concerns. Bond bears and US dollar bulls are leading the charge as inflation expectations surge. However, a US CPI miss triggered confusing reactions across equities and bonds.
Crypto Events
Trump Secures GOP Support for Crypto Bills, Sparking Market Rally
President Trump's crypto bills faced initial resistance from House Republicans, but the situation has rapidly evolved. Rep. French Hill announced strong bipartisan support for the proposed crypto market structure bill, signaling a shift in political dynamics.
House Narrowly Advances Landmark Crypto Bills, Setting Stage for Major Regulatory Shift
In a significant development for cryptocurrency regulation, the U.S. House of Representatives has narrowly passed a procedural vote on a package of crypto bills. The vote, which ended 215-211, clears the way for further consideration of three key pieces of legislation: the Crypto Genius Act, the Clarity Act, and the Anti-CBDC Act.
Bitcoin Holds Strong Above $118K, Analysts Eye Potential Alt Season and Further Gains
Bitcoin's price action is capturing the crypto world's attention today. The leading cryptocurrency is holding strong above its 21-day moving average after hitting a new all-time high. Analysts suggest that maintaining this level could lead to further upward movement, while a break below might trigger a correction.
Bitmine Shares Surge as Thiel's Fund Discloses Major Stake; Bitcoin ETFs See Massive Inflows
Peter Thiel's Founders Fund reveals a 9.1% stake in Bitmine, an Ether treasury company. The news sparks a surge in Bitmine shares, jumping 15-17.9% in pre-market trading.
Trump's Cryptocurrency Gets Green Light for Trading
Token holders of Trump's World Liberty Financial cryptocurrency have approved trading for the digital asset. The vote allows the crypto tokens to become tradable, marking a significant development for the cryptocurrency associated with the former president.
Technology Events
Nvidia CEO Praises Chinese AI as "World-Class" Amid Chip Export Approval
Nvidia CEO Jensen Huang has made significant statements about AI in China, praising Chinese platforms and models as "world-class." He specifically mentioned Tencent, Deepseek, and Alibaba as examples of AI-powered Chinese platforms.
ASML Surpasses Q2 Expectations Amid AI-Driven Demand, Cautions on Future Outlook
Dutch tech giant ASML reports higher Q2 net profits compared to last year, with bookings beating estimates. The surge is attributed to increased demand for chip-making machines driven by the AI boom.
China Tackles EV Industry Competition as Tesla Expands Product Line
China's State Council, chaired by Premier Li Qiang, convened to address the electric vehicle (EV) industry's competitive landscape. The cabinet unveiled plans to boost EV demand and regulate "irrational" competition in the auto sector.
Tesla Unveils Plans for Six-Seater Model Y L in Chinese Market
Tesla has registered plans for a new six-seater Model Y L in China, according to industry ministry filings.
OpenAI Introduces Shopping Feature in ChatGPT, Eyes Revenue Boost
OpenAI is set to monetize ChatGPT by taking a cut from direct purchases made through the platform.
OpenAI Expands Cloud Partnerships, Taps Google for ChatGPT Infrastructure
OpenAI announces a significant partnership with Google Cloud to power ChatGPT in multiple countries. While Microsoft remains a key partner, OpenAI expands its infrastructure support to include Google, CoreWeave, and Oracle to meet increasing computational demands.
Google Unveils Advanced AI Enhancements for Search with Gemini 2.5 Pro
Google is enhancing its search capabilities with Gemini 2.5 Pro, an advanced AI model. The update includes new features like Deep Search and an AI-powered business calling function.
Musk's xAI Explores Data Center Deal in Saudi Arabia
Elon Musk's xAI is reportedly in talks with Saudi firm Humain to lease data center capacity in Saudi Arabia.
Supermicro Unveils Powerful 4-Socket Servers with Intel Xeon 6 Processors
Supermicro ($SMCI) launches advanced 4-socket X14 servers powered by Intel Xeon 6 processors.
Metals Events
Canada Tightens Steel Import Restrictions, Targets Chinese-Origin Products
Canada has announced significant changes to its steel import policies. The country plans to impose a 100% tariff-rate quota on steel imports from free trade partners in 2024, excluding the U.S. For non-free trade agreement countries, the quota will be reduced from 100% to 50% of 2024 volumes.
Environment Events
Trump and Qatari Emir to Discuss Gaza Ceasefire and U.S.-Iran Nuclear Talks
President Trump is set to meet with Qatar's Emir on Wednesday to discuss crucial diplomatic matters. The agenda includes ongoing negotiations for a Gaza ceasefire deal and potential efforts to restart U.S.-Iran talks for a new nuclear agreement.
Diageo Seeks New CEO Amid Challenging Business Climate
Diageo initiates search for new CEO to replace Debra Crew.
Transportation Secretary Pushes for $19 Billion Air Traffic Control Upgrade
U.S. Transportation Secretary Duffy urges Congress to approve an additional $19 billion for air traffic control revamp.
Corporate Actions Events
Renault Shares Nosedive as Company Cuts Margin Guidance and Names Interim CEO
Renault shares plummet by 16-17% following a downgrade in guidance.
HDFC Bank Shares Surge as Board Mulls Bonus Issue and Special Dividend
HDFC Bank, India's largest private sector lender, announces plans to consider its first-ever bonus share issue and a special interim dividend.
Bit Digital's WhiteFiber Files for Nasdaq IPO
WhiteFiber Inc., Bit Digital's HPC unit, files for an initial public offering.
Real Estate Events
Starwood Property Trust Unveils $2.2B Acquisition and Stock Offering Plans
Starwood Property Trust announces acquisition of Fundamental Income Properties for $2.2 billion. The company also reveals plans for a public offering of common stock.
Canadian Housing Starts Surprise with Unexpected Rise in June
Canadian housing starts unexpectedly increased by 0.4% in June 2025, reaching 283,700 units.
Healthcare Events
Sarepta Slashes Workforce and Shifts Focus After Gene Therapy Setback
Sarepta Therapeutics announces a major restructuring plan following patient deaths in its gene therapy program.
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