Category: Include on Menu
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Solidion Technology Shares Rise After Adopting SpaceX Investment Strategy (STI)
Solidion Technology Inc. (NASDAQ:STI) shares climbed 7% on Monday after the advanced battery technology company announced plans to add SpaceX shares to its balance sheet as a long-term strategic investment. The company said it intends to make opportunistic purchases of SpaceX stock, with the initial investment representing only a small proportion of its existing cash…
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Rocket Lab Shares Climb After Agreeing US$8 Billion Acquisition of Iridium (RKLB)
Rocket Lab (NASDAQ:RKLB) shares gained 5% on Monday after the company announced an agreement to acquire satellite communications provider Iridium Communications (NASDAQ:IRDM) in a transaction valued at approximately US$8 billion. Trading in Iridium shares was halted pending the announcement after the stock last traded at US$43.97. Under the terms of the deal, Rocket Lab will…
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Charter Communications Shares Jump as Comcast Unveils Major Corporate Split (CHTR)
Charter Communications (NASDAQ:CHTR) shares climbed 14% on Monday after rival Comcast (NASDAQ:CMCSA) surged 20% following the announcement that it intends to separate its operations into two independently listed companies. Comcast revealed plans to spin off NBCUniversal and Sky, creating a standalone media and entertainment business while retaining its broadband, wireless and commercial connectivity operations in…
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Comcast to Separate NBCUniversal and Sky into Standalone Public Company
Comcast (NASDAQ:CMCSA) has announced plans to separate its media and entertainment assets, including NBCUniversal and Sky, into a newly listed public company, marking one of the group’s biggest strategic restructurings since acquiring Sky’s European operations for £31 billion in 2018. The transaction is expected to take around a year to complete. Once finalised, shareholders will…
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Palantir and Nvidia Launch Secure AI Platform for Government Agencies (PLTR)
Palantir Technologies (NASDAQ:PLTR) has unveiled a strategic collaboration with Nvidia (NASDAQ:NVDA) to bring Nvidia’s Nemotron open artificial intelligence models into sovereign computing environments, with the solution aimed at U.S. government organisations and operators of critical infrastructure. The new platform combines Nvidia’s AI capabilities, including its computing infrastructure and open AI models, with Palantir’s software suite…
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Five Market Events Investors Will Be Watching This Week
A packed calendar of economic releases and central bank events will dominate investor attention this week, despite a shortened trading schedule as U.S. markets close on Friday for the Independence Day holiday. The spotlight will also fall on the European Central Bank’s annual Sintra conference and earnings from Nike (NYSE:NKE). 1. U.S. Employment Report The…
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Gold Retreats as Middle East Tensions and Rate Expectations Weigh on Market
Gold prices moved lower on Monday as renewed geopolitical uncertainty and persistent expectations of higher interest rates reduced demand for the non-yielding precious metal. By 07:15 ET (11:15 GMT), spot gold had declined 1.3% to US$4,035.82 per ounce, while gold futures fell 1.1% to US$4,049.92 per ounce. Reports indicated that the United States and Iran…
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Technology Stocks Set to Lift Wall Street at the Open: Dow Jones, S&P, Nasdaq
U.S. stock index futures pointed to a stronger start on Monday, with technology shares expected to drive early gains after last week’s broad sell-off. Nasdaq 100 futures climbed 1.2% ahead of the opening bell, signalling renewed buying interest in the technology sector after the Nasdaq fell more than 4% over the previous week. Investor sentiment…
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SpaceX Shares Rise Ahead of Nasdaq 100 Inclusion on July 7 (SPCX)
SpaceX (NASDAQ:SPCX) shares gained more than 1% in premarket trading on Monday after Nasdaq confirmed the aerospace and satellite communications company will be added to the Nasdaq 100 index on 7 July. The inclusion is expected to generate substantial passive investment demand as exchange-traded funds and other index-tracking products adjust their portfolios to reflect the…
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International Paper to Shut Four North American Facilities by Third Quarter of 2026 (IP)
International Paper (NYSE:IP) has announced plans to close four facilities across North America by the end of the third quarter of 2026 as part of efforts to optimise its manufacturing network and improve long-term competitiveness. According to a press release issued on 26 June 2026, the company will discontinue preprint operations at its Richwood, Kentucky…