Grafa News and Videos — Page 921

Bahrain has reported coming under attack from Iranian drones, with a tanker struck while crossing the strategic Strait of Hormuz.

• 4DMedical (ASX:4DX) secured Australian therapeutic approval for its non-contrast lung imaging software platform.
• The affected software providers operate with contrasting financial profiles, ranging from $5.9 million to $628 million in annual revenues.
• Securing government healthcare reimbursement and international commercial distribution models remains the primary strategy for the sector.

• Micron Technology reported $41.46 billion in quarterly revenue as the firm capitalized on surging data center component demand.
• The semiconductor manufacturer recorded a GAAP net income of $28.24 billion and declared a quarterly dividend of $0.15 per share.
• Global hardware manufacturers must carefully secure raw materials to execute aggressive revenue projections amid volatile enterprise capital expenditures.

• The federal government has secured the passage of its first budget tax reform tranche by forming a Senate alliance with the Australian Greens.
• The structural compromise removes a 50% capital gains tax discount, introduces cost base indexation, and applies a 30% minimum capital gains tax from July 1, 2027.
• A strict ban on self-managed super funds borrowing for residential property shifts structural momentum towards major commercial builders of new housing supply.

The Anti-Human Trafficking Alliance has urged lawmakers to re-examine Section 604 of the Clarity Act, warning that the provision could make it harder to hold certain cryptocurrency platform developers legally accountable for their technology's role in facilitating human trafficking.

• FedEx reported $25 billion in fourth-quarter fiscal 2026 revenue while executing a spin-off of its freight division to consolidate core operations.
• The logistics provider exceeded cost-cutting targets by securing over $1 billion in structural savings and achieving an adjusted earnings per share of $6.60.
• Global transportation firms face mounting pressure to offset mixed profitability trends by heavily reducing capital spending and divesting secondary business units.

Switzerland's pharmaceutical sector is facing the prospect of a US trade investigation, with Interpharma — the Swiss pharmaceutical industry body — warning on 26 June that the country could be targeted over its drug pricing and reimbursement practices.

US House Democrat Maxine Waters has submitted an 11-page comment letter to the Department of Labor, requesting the withdrawal of a proposal that would allow 401(k) retirement plans to invest in alternative assets, including private equity, private credit, real estate, commodities, and digital assets.

• AbbVie agreed to acquire Apogee Therapeutics in a $10.9 billion all-cash transaction, paying a 60% premium to secure a late-stage immunology pipeline.
• The company will pay $135.11 per share, with executives projecting the deal will not become accretive to adjusted earnings until 2032.
• Large pharmaceutical manufacturers face intense capital pressure to acquire unproven, long-acting biologics to offset impending revenue losses from patent expirations.

(CRYPTO:SOL) surged approximately 9.7% in a single day, driving double-digit intraday gains across multiple stocks tied to Solana Digital Asset Treasuries (DATs) — companies that hold SOL as a primary treasury asset.