President Donald Trump holds an event in the Oval Office to mark the launch of Trump Accounts, a new investment vehicle for children. Michael and Susan Dell, who made a $6.25 billion donation to support the program, and other executives were on hand. Trump says many companies are "putting up a lot of money."
The US service sector expanded in June at a slightly slower pace, with the Institute for Supply Management's services index decreasing 0.5 point to 54. Mike McKee reports on "Bloomberg Open Interest."
Microsoft Corp.'s Xbox plans to eliminate 3,200 jobs, or around 20% of its staff over the next year, as part of a massive reorganization to spur growth in the struggling gaming division. Jason Schreier reports on "Bloomberg Open Interest."
Descartes Systems Group (NASDAQ:DSGX) said it has acquired Drivin, a Latin American last-mile delivery management platform, in a cash transaction worth approximately $30 million.
Max Kettner, chief multi-asset strategist at HSBC, says the ``melt-up'' moment in tech stocks is set to swing momentum back to the hyperscalers. He speaks on Bloomberg Television's ``Surveillance.''
TG Therapeutics (NASDAQ:TGTX) has begun a Phase 2, open-label, single-arm, multicenter study of BRIUMVI (ublituximab-xiiy) in adults with treatment-resistant schizophrenia.
Sky, the UK-based television and telecom provider owned by Comcast (NASDAQ:CMCSA), has agreed to acquire ITV’s media and entertainment division in a deal valued at up to £1.6 billion.
Incyte (NASDAQ:INCY) said it has completed the acquisition of Vega Therapeutics, a subsidiary of Star Therapeutics, in a transaction valued at $1.25 billion upfront.
Lockheed Martin (NYSE:LMT) has signed a definitive agreement to acquire Ultra Maritime, a specialist in undersea and anti-submarine warfare systems, in a transaction valued at $3.45 billion.
ZIM (NYSE:ZIM) announced an operational update regarding its pending business combination, confirming it remains in compliance with its merger agreement alongside Hapag-Lloyd.
The Middleby Corporation (NASDAQ:MIDD) said it has completed the previously announced spin-off of its Food Processing business into a new standalone company, Midera Food Processing.
Antelope Enterprise Holdings (NASDAQ:AEHL) reported unaudited results for the six months ended March 31, 2026, showing revenue of approximately $29.9 million.
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