Author: Fiona Craig

Shares of Permian Resources Corp (NYSE:PR) slid 3.7% on Monday following the announcement of the pricing of a major public offering of Class A common stock by certain existing shareholders. The offering, set at $13.53 per share, includes 46,112,899 shares being sold by affiliates of Pearl Energy Investments and Riverstone Investment Group LLC. Permian Resources…

Honeywell (NASDAQ:HON) has entered into a Memorandum of Understanding (MOU) with Redwire Corporation (NYSE:RDW) to advance satellite communication systems secured through quantum technology, as part of a project supported by the European Space Agency. The agreement represents a significant step for the Quantum Key Distribution Satellite (QKDSat) consortium, which Honeywell has led since its inception…

Shares of Sidus Space Inc (NASDAQ:SIDU) fell 25% on Monday after the space and defense technology firm announced the pricing of a public offering of 9.8 million Class A common shares at $1.00 per share. The Cape Canaveral, Florida-based company expects the offering to generate approximately $9.8 million in gross proceeds, before deducting fees for…

California Resources Corporation (NYSE:CRC) announced Monday that it plans to acquire Berry Corporation (NASDAQ:BRY) in an all-stock deal that values the oil producer at roughly $717 million, including net debt. Following the news, Berry’s shares jumped 14.2% in premarket trading. Under the terms of the agreement, Berry shareholders will receive 0.0718 CRC shares for each…

CoreWeave (NASDAQ:CRWV) saw its stock rise 9% Monday morning following news of a major cloud computing agreement with NVIDIA Corporation (NASDAQ:NVDA). In a filing with the SEC, CoreWeave revealed that on September 9, 2025, it executed a new order form under its existing Master Services Agreement with NVIDIA. Valued at $6.3 billion, the deal allows…

Shares of U.S. social media companies reacted on Monday after President Donald Trump announced that a deal regarding TikTok had been reached. Trump shared the news on Truth Social, saying: “The big Trade Meeting in Europe between The United States of America, and China, has gone VERY WELL! It will be concluding shortly. A deal…

ECD Automotive Design Inc. (NASDAQ:ECDA) shares fell 33.7% in premarket trading on Monday following the company’s announcement of a 1-for-40 reverse stock split. The reverse split, set to take effect at the market open on September 18, 2025, is designed to increase the stock’s per-share price to comply with Nasdaq’s $1.00 minimum bid requirement for…

Hesai Group (NASDAQ:HSAI) shares climbed 4.4% in premarket trading on Monday after the lidar technology firm announced an expanded production agreement with a leading U.S.-based robotaxi operator, now valued at over $40 million. The contract covers lidar deliveries through the end of 2026, with Hesai designated as the exclusive provider of both long-range and short-range…