News Hub

Jun 25, 2026

Derek Hwang

Press Releases

Cosmos Health Advances International Patent Application for Its Proprietary Hydrogel Weight Management Platform Across the U.S., Europe, Australia, and Canada

Cosmos Health Inc. has advanced its international patent application for CCX0722, a proprietary hydrogel technology designed for body weight management, into major markets including the U.S., Europe, Australia, and Canada. Following its acquisition of the relevant intellectual property, the company consolidates ownership and control over this poten…

COSM

Jun 25, 2026

Avery Klein

Stock Markets

US Army Clears Sites for Critical-Mineral Processing at Military Installations

The US Army has approved agreements for four companies to build processing facilities for strategic minerals on military bases. The move, advanced by the administration as part of a push to boost domestic capacity and reduce import reliance, places separation and purification plants for rare earths, graphite, lithium and boron on federal military d…

Jun 25, 2026

Maya Rios

Economy

Banxico Maintains Policy Rate at 6.50% as Inflation Outlook Is Tweaked Downward

Mexico's central bank left its benchmark interest rate unchanged at 6.50%, a move that matched economists' expectations. The board voted unanimously, and the bank slightly lowered its inflation forecast for the second quarter of 2026 while maintaining its projection that inflation will reach the 3% target in the second quarter of 2027.

Jun 25, 2026

Ajmal Hussain

Economy

Canadians Back 2% Inflation Goal but Question CPI's Reflection of Everyday Prices

The Bank of Canada reported broad public support for retaining its 2% inflation target after consultations, while many participants said the consumer price index does not reflect the prices they encounter in daily life. That gap has eroded confidence in the CPI figure and in the central bank. Canada’s headline inflation climbed to 3.2% in May, driv…

Jun 25, 2026

Maya Rios

Stock Markets

Ares again restricts redemptions at $22.6 billion flagship private credit vehicle

Ares Management has once more enforced a 5% repurchase cap at its flagship private credit vehicle, the $22.6 billion Ares Strategic Income Fund (ASIF), after shareholders requested redemptions equal to 14.4% of outstanding shares in the second quarter. Most of the requests were concentrated among a small set of non-U.S. institutions and family offi…

Jun 25, 2026

Ajmal Hussain

Press Releases

Great Lakes Dredge & Dock Takes Delivery of Acadia, a State-of-the-Art Subsea Rock Installation Vessel

Great Lakes Dredge & Dock Corporation has received delivery of Acadia, a Jones Act-compliant subsea rock installation vessel designed to support offshore energy infrastructure projects. The vessel will work on major offshore wind projects including Equinor's Empire Wind 1 and Ørsted's Sunrise Wind off New York, before deploying to Europe for additi…

GLDD

Jun 25, 2026

Nina Shah

Economy

IMF Flags Private International Audit as Option to Address Senegal’s Arrears

The International Monetary Fund said a private international audit of Senegal’s payment arrears could be among measures to address the country’s debt difficulties, while also urging completion of comprehensive audits and stronger budgetary commitment controls. Senegal’s Finance Ministry said it has not discussed a private international audit with t…

Jun 25, 2026

Leila Farooq

Stock Markets

SpaceX to Lay Eight-Mile Gas Pipeline to Fuel Starship Launches

SpaceX plans to begin construction next month on an eight-mile natural gas pipeline, dubbed Starpipe, to deliver feedstock to its Texas launch complex. County and federal filings indicate the line will connect to Starbase, feed a planned liquefaction facility for converting natural gas into liquid methane, and is expected to be operational by Janua…

Jun 25, 2026

Ajmal Hussain

Stock Markets

SpaceX to Construct 'Starpipe' Natural Gas Line to Fuel Starship Operations

SpaceX plans to start building an eight-mile natural gas pipeline called "Starpipe" to supply its Texas Starbase launch complex, with service expected by January 26, filings show. The pipeline would deliver feedstock for a liquefaction facility to produce liquid methane for Starship, supporting an accelerated launch cadence that SpaceX aims to scal…

Jun 25, 2026

Derek Hwang

Currencies

Barclays Flags Oil Imports and Weak Copper Output as Drivers of Chilean Peso Underperformance

Barclays attributes the recent weakness in the Chilean peso to a combination of fading enthusiasm around artificial intelligence demand and Chile's role as a net oil importer, which has worsened the country's current account in recent months. Disappointing copper production has reduced export receipts, while low carry against a backdrop of U.S. hig…

Jun 25, 2026

Ajmal Hussain

Commodities

Oil Edges Higher After Suspected Attack Near Oman Raises Supply Concerns

Oil futures ticked up after a cargo ship was reportedly struck by an unknown projectile near Oman, reviving concerns about the timeline for restoring Middle East crude flows to pre-war levels. Prices had earlier hit their lowest since Feb. 27 as tanker traffic briefly rose, but the incident and lingering mine-clearance work kept the market on edge.

Jun 25, 2026

Avery Klein

Stock Markets

Palantir Shares Drop to Year Low as Software Selloff and Company-Specific Pressures Weigh

Palantir Technologies shares fell sharply, touching a fresh 52-week low as richly valued software names are repricing amid fears about AI agents eroding subscription economics. Sector-wide derating, activist short pressure, a European contract shift, insider sales and an elevated macro backdrop combined to push PLTR down, leaving the stock exposed …

Jun 25, 2026

Maya Rios

Press Releases

First Merchants Bank and NCRC Announce New $2 Billion Community Benefits Agreement to Expand Impact Across the Midwest

First Merchants Corporation (NASDAQ: FRME) announced a new five-year Community Benefits Agreement (CBA) worth $2.02 billion with the National Community Reinvestment Coalition (NCRC). This agreement commits significant funding towards mortgage lending, small business loans, community development, and philanthropy targeted at low- to moderate-income …

FRME

Jun 25, 2026

Ajmal Hussain

Stock Markets

Caterpillar Rally Accelerates After AI Data-Center Power Contract, Shares Hit Record

Caterpillar shares climbed sharply, reaching an all-time high after confirmation that Solar Turbines, a Caterpillar unit, will supply generation capacity for a major West Texas power project backed by Chevron and Microsoft. The contract, combined with robust quarterly sales growth, a record backlog and higher analyst targets, reinforced the narrati…

Jun 25, 2026

Sofia Navarro

Stock Markets

Strategy Shares Drop to Year Low After CryptoQuant Urges Halt to Bitcoin Buys

Strategy Inc. stock fell 7.6% to a 52-week low of $85 amid a CryptoQuant report urging the company to stop adding Bitcoin and rebuild cash reserves. The report highlighted a 38% decline in U.S. dollar cash since the start of 2026, ballooning annualized dividend obligations and large unrealized losses on the Bitcoin treasury, while preferred-stock f…

Jun 25, 2026

Ajmal Hussain

Insider Trading

Vicor Chairman Patrizio Vinciarelli Executes $6.5M Stock Sale Under Pre-Arranged Plan

Vicor Corp (NASDAQ:VICR) Chairman and CEO Patrizio Vinciarelli executed a significant divestment of company equity on June 24, 2026, selling approximately $6.5 million in common stock. The transactions were facilitated through a Rule 10b5-1 trading plan established earlier in the year, a mechanism designed to allow executives to manage equity holdi…

Jun 25, 2026

Marcus Reed

Stock Markets

Microsoft Shares Plunge to Fresh 52-Week Low as Regulatory, Scientific and Analyst Pressures Converge

Microsoft shares fell 3.0% in afternoon trading to $354.50, marking a new 52-week low as three company-specific developments combined to push the stock sharply lower. EU regulators signaled a potential Digital Markets Act gatekeeper designation for Azure, a peer-reviewed critique in Nature cast doubt on Microsoft’s Majorana 1 quantum claims, and St…

Jun 25, 2026

Jordan Park

Currencies

Barclays: Colombia peso likely to find support after presidential run-off

Barclays says the victory of right-wing candidate Abelardo de la Espriella in Colombia's presidential second round points to a more market-oriented administration, supporting the Colombian peso. The bank views the result as mostly reflected in current prices, but notes potential for continued near-term momentum if early policy signals indicate will…

Jun 25, 2026

Ajmal Hussain

Currencies

Barclays Lifts Year-End Peru Sol Forecast to 3.30 After Runoff Results Point to Fujimori Lead

Barclays has revised its year-end forecast for the Peruvian sol to 3.30 per U.S. dollar, citing preliminary presidential runoff returns that indicate a likely win for right-wing candidate Keiko Fujimori and the country’s robust external position, boosted by high copper prices and a large trade surplus. The bank says market pricing and central bank …

Jun 25, 2026

Hana Yamamoto

Stock Markets

Options Activity in American Express Accelerates to 26,525 Contracts by Midday

American Express Co. saw options turnover total 26,525 contracts by 2:00 p.m. New York time on Thursday, with call options representing the clear majority of activity. The June 26, 2026 $365 call was the single most-traded instrument, and several structured call spreads for July expirations also registered large block volumes. Reported open interes…

Jun 25, 2026

Leila Farooq

Currencies

Barclays Sees Czech Koruna Holding Firm as CNB Maintains Hawkish Line

Barclays expects the Czech koruna to stay largely unchanged against the euro while outperforming the Polish zloty over its forecast horizon. The bank attributes this outlook to the Czech National Bank’s firmly hawkish policy stance, inflows into domestic bond markets and the repatriation of returns from the central bank’s foreign exchange reserves.

Jun 25, 2026

Derek Hwang

Stock Markets

Denali Therapeutics Sees Surge in Options Activity, Volatility Spikes

Options trading in Denali Therapeutics Inc. rose to 2,291 contracts by 2:10 p.m. New York time on Thursday, with call activity accounting for the majority of trades. The July 17, 2026 $30 call comprised the largest single series trade, while implied volatility and the 90/110 skew both increased. Shares were modestly higher.

Jun 25, 2026

Hana Yamamoto

Insider Trading

Sun Communities Director Shiffman Offloads $3M Stake Amid Strategic Shift and Earnings Miss

Gary A. Shiffman, a director at Sun Communities Inc. (NASDAQ:SUI), executed a significant divestment of the company's common stock, selling 25,031 shares on June 24, 2026. The transaction, valued at approximately $3.00 million, occurred as the stock traded near its 52-week low. This sale follows a quarter where Sun Communities reported a substantia…

Jun 25, 2026

Marcus Reed

Economy

Attack on Singapore-flagged Container Ship Near Oman Undercuts Hormuz Truce; Oil Climbs

Crude prices moved higher and markets were caught off guard after reports that Iran’s Islamic Revolutionary Guard Corps struck a Singapore-flagged cargo vessel, the Ever Lovely, in the Strait of Hormuz. The hit - which damaged the ship’s bridge but caused no casualties or environmental harm - came days after a 60-day U.S.-Iran accord aimed at reope…

Jun 25, 2026

Caleb Monroe

Stock Markets

Waymo Establishes German Entity as It Advances Robotaxi Plans in Europe

Waymo has formally registered a German subsidiary, Waymo Germany GmbH, signaling a concrete step toward expanding its autonomous ride-hailing operations beyond the United States. The company filed the paperwork last month and the entity received registration on June 15. The new entity is authorized to operate driverless ride-hailing services and to…