Lockheed Martin announced on Friday that its subsidiary Sikorsky has secured a nearly $11 billion contract from the U.S. Navy to build up to 99 CH-53K King Stallion helicopters. The defense giant
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Micron Technology has issued a bullish outlook for its upcoming quarter, projecting revenue above market expectations as it capitalizes on soaring demand for high-bandwidth memory (HBM) chips. The company’s optimism comes as
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This is not just another acquisition. It’s not just another number in the endless stream of corporate mergers. Scopely’s purchase of Pokémon Go for $3.5 billion is a move that shakes the
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The Trump administration has moved to prevent U.S. Steel from halting operations at its Granite City, Illinois, facility, in what marks the first use of new executive powers tied to the company’s
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Nvidia CEO Jensen Huang has addressed fresh challenges facing the company in China, expressing frustration over reports that Beijing has blocked sales of its artificial intelligence chips. The Financial Times reported that
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Opendoor has announced a major leadership shift, appointing Kaz Nejatian as its new chief executive officer and naming co-founder Keith Rabois as chairman. The company, which has become a favorite among retail
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Klarna shares climbed in their first day of trading on the New York Stock Exchange, marking a milestone for the Swedish buy now, pay later pioneer. The stock rose 15% on Wednesday,
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ExxonMobil expects the European Union to lock in multi-decade contracts for US liquefied natural gas (LNG) following its $750 billion energy pledge with Washington. The EU committed in July to purchase US
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Novartis announced on Tuesday that it will acquire New York-based Tourmaline Bio in a deal valued at approximately $1.4 billion. Under the agreement, Novartis will pay $48 per share for Tourmaline, adding
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China’s largest carmaker, BYD, has announced plans to produce electric vehicles in Europe within the next three years as it looks to bypass tariffs and expand its presence in the competitive European
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