News Hub

Jun 26, 2026

Ajmal Hussain

Press Releases

Kyivstar and VEON Partner with Ministry of Economy, Environment and Agriculture of Ukraine to Accelerate AI Infrastructure and Digital Economy Growth

Kyivstar Group Ltd. (Nasdaq: KYIV) and its parent company VEON (Nasdaq: VEON) signed a Memorandum of Understanding with the Ministry of Economy of Ukraine to advance Ukraine's digital infrastructure by exploring the creation of a sovereign AI-ready data center. This initiative aims to strengthen Ukraine's technological sovereignty, support AI adopt…

KYIV

Jun 26, 2026

Jordan Park

Press Releases

HII and U.S. Navy Celebrate Opening of Carrier Refueling Overhaul Workcenter at Newport News Shipbuilding

HII (NYSE: HII) and the U.S. Navy have opened a new 80,000 square foot Carrier Refueling Overhaul Workcenter (CROW) at Newport News Shipbuilding. This facility aims to improve working conditions and support the refueling and complex overhaul (RCOH) of nuclear-powered aircraft carriers, benefiting sailors and shipbuilders by providing modern office …

HII

Jun 26, 2026

Jordan Park

Stock Markets

FDA Seeks to Require Foreign Tobacco Makers to Register and List Products

The U.S. Food and Drug Administration proposed a rule to require foreign manufacturers of tobacco products to register their facilities and list products they sell in the United States. The agency said the measure would help combat illegal imports - notably e-cigarettes popular with young people - and bring foreign producers into the same reporting…

Jun 26, 2026

Jordan Park

Economy

IMF economist backs Fed chair’s move to pare back forward rate guidance

The IMF’s chief economist, Pierre-Olivier Gourinchas, endorsed Federal Reserve Chair Kevin Warsh’s decision to reduce explicit forward guidance on interest rates, calling the shift “entirely appropriate.” Gourinchas cautioned that central banks must still provide some information that lets markets form long-term expectations and noted the practical…

Jun 26, 2026

Avery Klein

Economy

IMF economist endorses Fed chair's retreat from strong forward guidance

The International Monetary Fund's chief economist, Pierre-Olivier Gourinchas, described Federal Reserve Chair Kevin Warsh's decision to scale back robust forward guidance as "entirely appropriate." Gourinchas, who will leave his IMF post next week to return to academia, argued that overly rigid commitments to future policy became problematic when U…

Jun 26, 2026

Jordan Park

Stock Markets

U.S. Trade Office May Target Swiss Drug Sector Over Pricing Proposals

Swiss industry leaders warn the United States could open a trade investigation into Switzerland's pharmaceutical sector under Section 301, following a similar probe launched against Germany. The potential action follows domestic proposals in Switzerland to reduce mandatory healthcare prices and a letter from Republican U.S. lawmakers urging investi…

Jun 26, 2026

Marcus Reed

World

Atlanta Stadium Stands Out with Low-Cost Fan Experience During World Cup

Atlanta’s downtown stadium and the city’s transport and hospitality network are providing a comparatively affordable experience for World Cup attendees, with no tournament-driven fare hikes on MARTA, low-priced stadium concessions and a nearby free Fan Fest. Stadium leaders attribute the approach to deliberate fan-first policies and existing urban …

Jun 26, 2026

Caleb Monroe

Economy

Kashkari Points to Broad Inflationary Forces Behind Fed's One-Rate-Hike Projection

Minneapolis Federal Reserve President Neel Kashkari said broad-based inflationary pressures influenced his decision to include a single interest-rate increase for this year in the Fed’s recent economic projections. Speaking at the Aspen Ideas Festival, Kashkari emphasized that his inflation concerns extend beyond the effects of tensions in the Midd…

Jun 26, 2026

Jordan Park

World

Appeals Court Blocks Trump EPA Effort to Roll Back Soot Standards for Power Plants

A U.S. federal appeals court rejected a petition from the Environmental Protection Agency under the Trump administration to vacate the Biden-era 2024 air quality rule setting an annual PM2.5 limit of 9 micrograms per cubic meter. The court found the arguments to remove the rule — that the agency exceeded its authority and unreasonably failed to con…

Jun 26, 2026

Caleb Monroe

Trade Ideas

Uber Is Still a Compounding Growth Story — Buy the Dip After the AI Spend Flush

Uber’s core marketplace is accelerating: gross bookings are up 25%, revenue climbed to $13.2B in the most recent quarter, and free cash flow sits near $9.1B. The market is fretting over an AI-driven capex and R&D ramp, but those investments sit on top of a highly cash-generative platform with attractive multiples. This trade idea lays out an action…

UBER

Jun 26, 2026

Jordan Park

Stock Markets

Chevron Pursues Additional U.S. Power Deals to Serve AI Data Centers

Chevron has begun exploring further data center power projects across the United States, targeting areas that include West Texas, the Midwest, the Gulf Coast and near the Rocky Mountains. The effort follows the company's announcement of Project Kilby, a 2.67 gigawatt natural gas-fired facility contracted to deliver dedicated electricity to Microsof…

Jun 26, 2026

Derek Hwang

Stock Markets

Sinda’s Shares Open Below IPO Price at $10.80 as Financing Details Firm Up

Sinda Ltd. (NYSE:SIND) opened trading at $10.80 per share, under its $12.00 initial public offering price. The company sold 17,750,000 shares and granted underwriters a 30-day option to buy 2,662,500 additional shares at the IPO price, subject to underwriting discounts and commissions. The offering is slated to close on June 29, 2026, and proceeds …

Jun 26, 2026

Derek Hwang

Trade Ideas

Microsoft’s $1.3T Drawdown Looks Overdone - Upgrade and Tactical Long Setup

<p>Microsoft reportedly shed about $1.3 trillion in market value from its prior peak. We view a sizeable portion of that drawdown as temporary price action tied to sentiment and short-term risk-off positioning rather than a permanent impairment of fundamentals. This trade idea upgrades Microsoft to a buy and lays out a tactical long with clear entr…

MSFT

Jun 26, 2026

Sofia Navarro

Stock Markets

TKO Group Shares Jump After UFC Freedom 250 Draws Record Global Audience

TKO Group shares climbed sharply after the company disclosed that UFC Freedom 250, staged June 14 at the White House, drew about 34 million viewers worldwide and posted record domestic streaming figures on Paramount+. The audience milestone bolsters the case for TKO’s media-rights-driven revenue outlook and arrived alongside existing shareholder-fr…

Jun 26, 2026

Avery Klein

Trade Ideas

Buy Pfizer on the Dip: Income Now, Re-rating Potential Later

Pfizer offers a rare combination today: a double-digit-ish dividend yield (above 7%), healthy free cash flow ($9.49B) and an inexpensive EV/EBITDA (~8.3x). Those attributes make a disciplined long trade attractive even as the company navigates a patent cliff and pipeline execution risk. This idea lays out an entry at $24.10, a $28 target and a $21.…

PFE

Jun 26, 2026

Nina Shah

Press Releases

Cosmos Health Signs Distribution Agreement With IMC, Owner of Qatar's Largest Pharmacy Chain; Secures Initial Purchase Order of 31,000 Sky Premium Life Units

Cosmos Health Inc. has entered a distribution agreement with International Medical Company, the owner of Qatar's largest pharmacy chain, Kulud Pharmacies. The partnership establishes IMC to manage sales, marketing, regulatory affairs, logistics, supply, and distribution of Cosmos Health's Sky Premium Life product line in Qatar, including an initial…

COSM

Jun 26, 2026

Caleb Monroe

Stock Markets

EDF Agrees to Sell North American Renewable Power Unit to KKR

French utility EDF has reached an agreement to divest its EDF Power Solutions operations in the United States and Canada to private equity firm KKR. The unit holds 5.6 gigawatts of renewable energy capacity across the two countries. The sale is part of EDF's effort to raise capital to service and upgrade its existing nuclear fleet of 57 reactors an…

Jun 26, 2026

Derek Hwang

World

Utah Judge Holds Prosecutor in Contempt Over Media Comments in Kirk Murder Case

A Utah district judge has found a county prosecutor in contempt for public statements suggesting the guilt of Tyler Robinson in the killing of conservative activist Charlie Kirk. The ruling addresses concerns that comments to a media outlet could influence future jurors, while the judge declined a defense request to prevent prosecutors from seeking…

Jun 26, 2026

Jordan Park

Stock Markets

TKO Group Shares Jump After UFC Freedom 250 Reports 34 Million Global Viewers

TKO Group Holdings shares rose 6.2% following company-released viewership figures for UFC Freedom 250. The June 14 event at the White House drew an estimated 34 million viewers worldwide after additional data from multiple countries doubled an initial Paramount+ audience estimate. The event also set platform records and generated exceptionally high…

Jun 26, 2026

Nina Shah

Stock Markets

CSA Group considers sale that could value business near C$2 billion

CSA Group, a century-old Canadian testing and certification provider, is assessing a potential sale that market contacts say could put the company’s value at about C$2 billion. Jefferies Financial Group is advising and has begun collecting initial bids from private equity firms and other testing companies. The process is ongoing and there is no cer…

Jun 26, 2026

Ajmal Hussain

Trade Ideas

Exail Technologies: Controlled Entry Into an Illiquid Defense-Tech Opportunity

Exail Technologies is a small, specialized defense and robotics company with attractive strategic assets but thin liquidity and takeover dynamics that can cap upside. We lay out a mid-term long trade with a clearly defined stop and target, alongside the catalysts and the takeover risk that should keep position sizes conservative.

EXAI

Jun 26, 2026

Derek Hwang

Economy

Bank of Russia Sees No Immediate Action Needed as Cash Withdrawals Rise

The central bank says the current liquidity shortfall does not require fresh policy measures even as household and business withdrawals push cash held outside banks up 17.5% year-on-year to over 19 trillion roubles. Officials report they are supplying sufficient liquidity to banks, but data show a widening deficit that could deepen by year-end, whi…

Jun 26, 2026

Sofia Navarro

Commodities

London Cocoa Retreats After Five-Month Peak; New York Also Slips

London cocoa futures fell 2.8% to 3,821 per tonne on Friday, pulling back from a five-month high of 4,014 reached on Thursday. New York futures dropped 2.5% to $5,113 per tonne. Rabobank said the market was reacting to the shift toward an active El Nif1o event, easing geopolitical tensions in the Middle East, and a slow start to West Africas 202…

Jun 26, 2026

Priya Menon

Stock Markets

Madrid Stocks Close Lower as IBEX 35 Drops 0.45%

Spanish equities ended the session in negative territory on Friday, with the IBEX 35 retreating 0.45% as losses in Building & Construction, Consumer Services and Telecoms & IT exerted downward pressure. A handful of names outperformed while steel, airlines and construction contractors recorded the largest declines. Commodity and currency moves acco…

Jun 26, 2026

Leila Farooq

Economy

Trump: Iran Fired Drones at Ships in Strait of Hormuz, Hitting One Cargo Vessel

President Donald Trump said Iran launched at least four one-way attack drones at ships transiting the Strait of Hormuz, striking one cargo vessel and prompting the downing of three other drones. The incident coincided with a pause in a United Nations-coordinated evacuation of seafarers and was linked to a report that the Singapore-flagged Ever Love…