Cyber warfare startup Twenty has secured a $30 million investment from Khosla Ventures at a $1.2 billion valuation, following a $100 million Series B led by Accel . Founded in 2024, the company specializes in AI-enabled offensive cyber systems for the U.S. military and intelligence community and has raised $168 million to date from investors including General Catalyst and In-Q-Tel .
GE Vernova (GEV) is scheduled to report Q2 earnings on July 22, with analysts forecasting a massive 70.4% YoY revenue jump to $10.77 billion and EPS of $3.17 . While the stock has surged 84% over the past year, short interest has spiked 27.2%, and options traders are bracing for an 11.5% price swing .
Citi analyst Scott Chronert has declared the 'Mag 7' framework obsolete, urging a shift toward a 'growth cluster' strategy that prioritizes business fundamentals and profitability over specific labels . This comes amid a 'violent rotation' where capital is moving from overcrowded tech giants into broader sectors, including European financials, as investors demand tangible proof of AI-driven earnings .
A California judge has issued a 14-day temporary restraining order against Paramount Skydance's $110 billion acquisition of Warner Bros. Discovery . The move follows an antitrust lawsuit by 12 states alleging the merger would stifle competition in theatrical distribution and cable TV .
Morgan Stanley analyst Lee Simpson maintained a Buy rating on ASML, raising the price target to €1,930 . This follows a strong Q2 where revenue hit €9.3 billion and management raised 2026 guidance to €43-45 billion, driven by relentless EUV demand for AI chips .
Morgan Stanley analyst Thomas Wrigglesworth maintained a 'Buy' rating on BASF SE with a €56.00 price target . This follows similar bullish stances from Deutsche Bank and Goldman Sachs, though it contrasts sharply with J.P. Morgan’s 'Sell' rating and Berenberg’s 'Hold' .
RBC Capital Markets has maintained a Buy rating and a $170 price target for Shopify (SHOP), forecasting a Q2 earnings beat on August 5 driven by robust GMV growth and AI-led cost discipline . This follows similar bullish sentiment from Jefferies and Wedbush, which highlight Shopify's strategic shift toward AI-driven 'agentic commerce' .
Medline (Nasdaq: MDLN) has announced plans to construct a 1 million-square-foot distribution center in Perris, California, following a fire at its Tracy facility. This project is part of a broader strategy to expand its California footprint to 5 million square feet by mid-2027 to enhance supply chain resilience for healthcare providers .
JLL has arranged $617 million in total capitalization for Grubb Properties, facilitating the merger of legacy funds into a $1.9 billion Link Apartments REIT . The financing includes a $240 million credit facility, a $300 million senior construction loan, and a $77 million mezzanine loan specifically for the 64-story Link Apartments 8 Carlisle development in Manhattan .
Pfizer has suspended the distribution of Premarin vaginal cream in India due to unspecified supply chain issues. Premarin currently holds a dominant 37% share of the country's conjugated estrogen market, leaving millions of patients with few local alternatives .
Intel (INTC) is seeing massive options activity, with call volume hitting 70-71% of total trades , ahead of its Q2 2026 earnings on July 23 . Analysts expect $14.4B in revenue and $0.10 EPS, while the options market anticipates a 15% price swing .
Ferrari repurchased 53,932 shares for approximately €17.69 million between July 13 and 17, 2026, as part of its ongoing €250 million second tranche buyback program . This effort is part of a larger €3.5 billion plan through 2030, with the company currently holding 0.81% of its issued shares as treasury stock .
Sumitomo Chemical has announced the mass production of solid-state battery (SSB) materials for EVs . This comes as China introduces a 4% consumption tax on traditional batteries while exempting solid-state and sodium-ion technologies to accelerate innovation . Concurrently, the SSB supply chain is reporting significant profit growth and technical breakthroughs in energy density and range .
On July 20, 2026, usage of the Federal Reserve's overnight reverse repurchase (RRP) facility plummeted to $30 million across only six counterparties, down from $100 million the previous session . This follows a volatile month where usage fluctuated between $1 billion and $5.7 billion .
Bank of America reaffirmed its 'Buy' rating and $380 price target for Apple, forecasting Q3 revenue of $109 billion and EPS of $1.89, both exceeding consensus . Despite the optimistic Q3 outlook, BofA warned of potential margin compression due to rising component costs and staggered product launches, while noting that Services margins could climb toward 80% .
Greening Group Global SA’s share-for-share takeover bid for Energy Solar Tech has surpassed the 50% acceptance threshold and is set for settlement following the acceptance period ending July 21, 2026 . The offer, which exchanges 0.95 GGG shares for each EST share, was backed by key EST directors but met with a neutral stance from the board due to GGG’s €118.9 million debt and going-concern uncertainties .
Unusual Machines, Inc. presented its 'Drone Dominance' strategy at the Vertical Economy Investor Conference, coinciding with $75 million in inventory orders aimed at U.S. government procurement . The company is positioning itself as a critical domestic supplier amid a broader Western shift toward low-cost drone warfare .
Vertical Aerospace (EVTL) achieved the first public eVTOL transition flight at the Farnborough International Airshow, demonstrating a full-scale prototype's shift from vertical takeoff to wingborne cruise . Following this milestone, analysts reaffirmed Buy ratings with significant price targets, citing a robust 1,500-unit order book and progress toward certification .
Fifth Third Bancorp (FITB) reported Q2 2026 adjusted EPS of $1.02, beating the $0.95 consensus, driven by a 48% YoY surge in net interest income following the Comerica acquisition . Despite the beat, shares fell roughly 2.3% as the market focused on integration costs and the bank's transition to a Category III institution with over $300 billion in assets . Analysts from DA Davidson and RBC Capital subsequently raised price targets to $65 and $62, citing synergy potential and improved credit quality .
European wheat futures stabilized on Monday as concerns over escalating Russia-Ukraine maritime attacks eased . Despite a prior 7% price surge driven by supply fears and ongoing reports of a weather-damaged French soft wheat crop , the market remained flat as traders consolidated recent gains.