Patients battling KRAS G12D-mutated cancers—including pancreatic, colorectal, and lung variants—showed promising responses in early trials of Verastem Oncology’s experimental drug, VS-7375. The company reported both anti-tumor activity and a manageable safety profile, marking a potential shift in how these aggressive mutations are addressed clinically.
Mexico’s Finance Ministry successfully placed $6.3 billion in long-term debt on Tuesday, securing capital to aggressively pare down short-term liabilities. The move, which drew massive interest from institutional investors, aims to stabilize the national balance sheet by clearing obligations due within the next three years.
A $6.8 billion valuation now defines Peregrine Technologies following a $250 million Series D funding round. Led by existing backers Fifth Down Capital, Sequoia Capital, and Godfrey Capital, the investment signals strong institutional confidence in the firm’s ability to streamline data across fractured digital ecosystems for high-stakes environments.
With Micron Technology shares retreating 13% amid broader market jitters, the memory chipmaker prepares to report third-quarter results on Wednesday. Analysts anticipate a massive revenue surge, projecting $35.85 billion compared to last year's $9.3 billion, as the company navigates both explosive AI-driven demand and intensifying investor scrutiny.
A 21% surge in Galectin Therapeutics stock followed a constructive Type C meeting with federal regulators, clearing a path for the company to launch a late-stage trial. The biotech firm now aims to advance its treatment for cirrhosis and portal hypertension after securing alignment on key study parameters.
Commercial crude oil stockpiles in the United States are expected to shrink for the ninth consecutive week, as refinery operations remain near peak capacity. Analysts surveyed by The Wall Street Journal project a decline of 4.1 million barrels, bringing national inventories to 414.1 million barrels for the week ending June 19.
The Trump administration’s decision to temporarily lift sanctions on Iranian oil sales has triggered a sharp sell-off in global energy markets. By midday Tuesday, crude contracts fell by roughly $1 per barrel, as investors stripped the risk premium that had previously buoyed prices amid rising geopolitical tensions.
With the spin-off of its freight business now finalized, FedEx prepares to unveil its fourth-quarter results this Tuesday. Investors are shifting their focus away from historical performance toward the company's ability to streamline its core parcel operations and stabilize leadership following a series of structural changes earlier this year.
A massive $2.5 billion commitment from an undisclosed global technology partner has sent Gorilla Technology shares climbing 8.4% to $17.90. The five-year contract transforms idle data-center capacity into a long-term revenue stream, marking a significant milestone for the firm as it expands its footprint in the Indonesian market.
Shares of Alimentation Couche-Tard surged 11% to 91.14 Canadian dollars on Tuesday after the convenience-store operator capitalized on extreme oil-market turbulence. The company’s fourth-quarter performance shattered expectations as shifting crude prices allowed for record-level fuel margins that dwarfed industry averages across its North American and international retail network.
A massive $335 million commitment from AI-focused cloud provider CoreWeave sent Backblaze shares climbing 30% in Tuesday premarket trading. The five-year agreement positions the data-backup firm as a critical infrastructure supplier for CoreWeave’s rapidly expanding managed storage operations, signaling a significant shift in market confidence for the company.
Starting July 12, the retail landscape shifts as Bath & Body Works moves its signature home fragrances and body care products into more than 600 Ulta Beauty locations. This collaboration marks a significant expansion for the Columbus-based brand as it pushes to evolve from a specialty chain into a broader global presence.
Seven point three million pairs of Ray-Ban Meta smartglasses reached customers in 2025, eclipsing the annual sales volume of any virtual reality headset the company has ever produced. This hardware momentum now fuels the latest expansion of Meta’s wearable AI strategy, which arrives on shelves this Tuesday.
Bank of England policymaker Alan Taylor signaled on Tuesday that interest rate cuts are back on the table, provided the Middle East conflict reaches a peaceful resolution. While the central bank currently holds rates at 3.75% to counter inflation, Taylor suggests a shift in geopolitical stability could trigger a move toward stimulus.
Walmart is moving to dominate the connected TV advertising space by acquiring Vibe.Co, a self-serve platform designed to streamline digital campaigns for small and mid-market brands. The move signals an aggressive expansion of the retailer’s commerce media arm as it seeks to capture a larger share of brand spending.
A 10% drop in Carnival share prices followed Tuesday's earnings report, despite the cruise operator raising its full-year profit guidance. While lower fuel expenses and resilient passenger demand bolstered the company's financial outlook, investors reacted sharply to revenue figures that fell slightly short of Wall Street's expectations.
Shares of Zeta Global surged 9.9% to $20.30 in Tuesday’s premarket trading, marking a sharp reversal for a stock that had struggled with a 9% decline since the start of the year. Investors responded aggressively to news that the company is partnering with Palantir to overhaul its core enterprise AI architecture.
Imperial Oil has secured approval from the Toronto Stock Exchange to repurchase up to 5% of its outstanding common shares, a move that reinforces the Calgary-based energy producer's capital return strategy as it balances market fluctuations against the interests of its majority shareholder, Exxon Mobil.
A strategic shift toward stationary power production drives Ballard Power Systems’ agreement to acquire the U.K.-based hydrogen firm GeoPura for up to 302.5 million pounds. The acquisition aims to integrate Ballard’s fuel cell hardware with GeoPura’s existing logistics and distribution network, targeting a path to profitability by 2028.
Airbus has secured a long-term supply agreement with 3M to equip its A220 aircraft cabins with specialized thermal and acoustic insulation. The partnership aims to enhance the jet's overall performance while significantly dampening cabin noise, marking a shift in the manufacturer's approach to interior comfort and engineering efficiency.
A 10% surge in premarket trading greeted investors Tuesday after reports surfaced that the board of Edgewell Personal Care rejected a private-equity buyout bid. The maker of Schick razors reportedly deemed the $30-per-share offer from Yellow Wood Partners insufficient to warrant a formal sale of the company.
The Indiana Utility Regulatory Commission has greenlit a power agreement between NiSource and Amazon, authorizing the utility to supply electricity to a massive data center complex in the northern part of the state. The decision clears the path for specialized infrastructure tailored to the tech giant’s growing energy demands.
To address chronic power grid congestion in Italy’s south, Canadian Solar’s e-Storage division has secured a contract with Swiss firm Axpo. The initiative targets the Rizziconi power plant in Calabria, where a new battery installation will store excess solar capacity that currently overwhelms local network infrastructure during peak daylight hours.
Shares of AMC Entertainment Holdings plummeted 18% to $2.26 in premarket trading Tuesday after the company revealed a new stock offering priced at $2.10 per share. This move effectively devalued the theater chain’s equity relative to Monday’s closing price, cooling a rally that had seen the stock climb 77% this year.
Bristow Group is set to acquire Berry Aviation from Acorn Capital Management for $105 million, a strategic move that integrates a fleet of more than 20 aircraft into its portfolio. The all-cash transaction focuses on bolstering Bristow’s specialized mission capabilities and expanding its footprint within the defense and government sectors.
A valuation exceeding $3.5 billion is within reach for CopperTech Metals as the copper and cobalt producer formally unveiled terms for its initial public offering. The London-based subsidiary of Vedanta Resources plans to list on the New York Stock Exchange under the ticker CUX, signaling a major push into U.S. markets.
The European Commission has granted expanded marketing authorizations for two of AbbVie’s key therapeutic assets, lowering the age threshold for Skyrizi in psoriasis patients and broadening the scope of the hepatitis C treatment Maviret to include acute infections in children as young as three years old.
Southeast Asian e-commerce giant Lazada is shedding 5% of its workforce, a move that follows a sharp decline in regional market share. The Alibaba-owned platform notified employees of the layoffs on Tuesday, citing a strategic need to streamline operations as competition for profitability accelerates across the region.
Toronto-based HLS Therapeutics will initiate a normal course issuer bid to repurchase up to 8% of its public float, following approval from the Toronto Stock Exchange. The pharmaceutical company aims to cancel 1.5 million shares, an effort to stabilize stock value after a period of downward pressure on its equity.
With its stock price down 24% over the last year, lottery supplier Pollard Banknote is moving to stabilize its market position. The company has secured approval from the Toronto Stock Exchange to initiate a buyback program, targeting up to 10% of its public float to address recent valuation losses.
