Stitch Fix Beats Q4 EPS But Issues Weak Fiscal 2027 Outlook: Stitch Fix closed fiscal 2026 with net revenue up 6.4% to $1.35 billion and a smaller net loss, but active clients kept shrinking and the company issued weaker-than-expected guidance for fiscal 2027.… #MarketUpdates Follow Us for more

Glucotrack Prices $3.1 Million Public Stock Offering: Glucotrack priced a best-efforts public offering of common stock and pre-funded warrants at $2.04 per share, expecting to raise roughly $3.1 million in gross proceeds before fees. The offering, led by sole… #MarketUpdates Follow Us for more

IonQ Inc's Fast Revenue Growth Meets a Steep Sales Valuation: IonQ reported strong revenue growth and a technical breakthrough in quantum error correction, but the company's stock still trades at a valuation far above its current sales base. Heavy cash burn and a… #MarketUpdates Follow Us for more

Akamai Lands $11.6 Billion Cloud Deal With Anthropic: Akamai signed a seven-year, $11.6 billion cloud computing agreement with AI developer Anthropic, its largest contract ever. The deal could grow to about $20 billion and includes a warrant letting Anthropic buy… #MarketUpdates Follow Us for more

Kinross Gold Cuts 2026-2027 Production Guidance, Raises Costs: Kinross Gold reduced its 2026 and 2027 production forecast to 1.84-1.86 million gold-equivalent ounces, citing weather disruptions at La Coipa and lower mining rates at Round Mountain. The company also… #MarketUpdates Follow Us for more

Gen Digital Reportedly Makes Early Takeover Approach for GoDaddy: The Financial Times reported that Gen Digital, the cybersecurity company behind Norton and LifeLock, has made an early-stage takeover offer for web services company GoDaddy. The approach, valued… #MarketUpdates Follow Us for more

Goldman Sachs Names Simon Lyons UK Investment Banking Co-Head: Goldman Sachs has appointed veteran dealmaker Simon Lyons as co-head of UK investment banking, joining as a partner alongside Nimesh Khiroya. The hire comes as Goldman leads UK M&A league tables with… #MarketUpdates Follow Us for more

Toyota Plans First-Ever Electric Version of the Corolla: Toyota is preparing a major overhaul of its best-selling Corolla, adding a fully electric variant for the first time in the car's 60-year history. The redesigned Corolla, expected for the 2028 model year,… #MarketUpdates Follow Us for more

Eli Lilly Signs Drug Discovery Deal With InnoCare Pharma: Eli Lilly is paying Beijing-based InnoCare Pharma $100 million upfront to launch a multi-target drug discovery collaboration, with potential milestone payments reaching $3.25 billion. The deal is part of… #MarketUpdates Follow Us for more

Intel Seeks Anchor Customer for New 14A Chip Process: Intel is reportedly being evaluated by major US tech companies, including Amazon, Apple, AMD, Google, Tesla, Microsoft, Nvidia and Qualcomm, as a potential foundry partner for its upcoming 14A chip manufacturing… #MarketUpdates Follow Us for more

Oracle Sends Force Majeure Notice Over New Mexico Data Center: Oracle reportedly issued a 'force majeure' notice to developer Blue Owl tied to a large data center project in New Mexico, known as Project Jupiter. The move aims to delay Oracle's payment obligations… #MarketUpdates Follow Us for more

Meta's Muse AI Agent Sparks Selloff in Consumer Inertia Stocks: Meta's new AI agent, Muse, climbed to the No. 1 spot on Apple's US App Store after completing tasks like booking restaurants and managing email on users' behalf. The rapid adoption triggered a broad… #MarketUpdates Follow Us for more

🏦 Bond yields erupted, with the 10-year Treasury hitting 5.10%, its highest since 2007.
💰 Dubai-based Airtel Money is eyeing an $800M+ London IPO.
🤖 SoftBank jumped 7% after raising $11.1B for its OpenAI ambitions.

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Beneficient Proposes Plan to Eliminate $130M Disputed Debt: Beneficient is negotiating a deal with former CEO Brad Heppner to eliminate about $130 million in disputed debt and convert his remaining equity and contractual interests. The proposal would also end his… #MarketUpdates Follow Us for more

Deutsche Bank Flags Cautious Q3 Investment Bank Revenue Outlook: Deutsche Bank CFO Raja Akram said third-quarter investment bank revenue will likely be flat to slightly down compared to a year earlier, citing a tough comparison against a strong prior-year period.… #MarketUpdates Follow Us for more

New York Times Co Shareholders Sue Over War Coverage Records: Two New York Times Co shareholders, the State Board of Administration of Florida and the National Center for Public Policy Research, filed suit seeking internal company records related to coverage of the… #MarketUpdates Follow Us for more

McDonald's Unveils $8.5 Billion Franchisee Support Plan: McDonald's outlined its 'NEXT' growth strategy at an investor day, committing $8.5 billion through 2036 to support franchisees with restaurant modernization, AI technology, and staff training. The plan aims… #MarketUpdates Follow Us for more

Paychex Reports Slower Revenue Growth in Fiscal Q1 2027: Paychex's first-quarter fiscal 2027 revenue grew 6% to $1.63 billion, a slowdown from 12% growth in the prior quarter, even as earnings beat expectations. The company reaffirmed its full-year revenue guidance… #MarketUpdates Follow Us for more

Amazon Leo Satellite Internet Expands to Uzbekistan via Uztelecom: Amazon is partnering with Uzbek ISP Uztelecom to deploy its Leo satellite internet service in hard-to-reach parts of the country. The service is still in testing and has not launched publicly, but… #MarketUpdates Follow Us for more

AstraZeneca Wins EU Approval for Trixeo Asthma Treatment: AstraZeneca received European Commission approval for Trixeo Aerosphere to treat asthma in patients 12 and older whose symptoms aren't controlled by standard dual-therapy inhalers. The approval makes Trixeo… #MarketUpdates Follow Us for more