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Invivyd (NASDAQ:IVVD) completed enrollment in its Phase 3 LIBERTY trial to evaluate a potential COVID-19 prevention option.

Robinhood Markets (NASDAQ:HOOD) announced a 10% workforce reduction to maintain its long-term corporate agility and efficiency.

Prestige Consumer Healthcare (NYSE:PBH) closed its acquisition of the Breathe Right brand for $1.045 billion.

Parsons (NYSE:PSN) secured design and construction oversight contracts for the estimated $1.1–$1.4 billion John A. Blatnik Bridge replacement project.

InterDigital (NASDAQ:IDCC) secured a patent infringement injunction against Disney (NYSE:DIS) across 11 European Union countries for its video technology.

ITT (NYSE:ITT) signed a definitive agreement to acquire Aerospace Contacts LLC for a purchase price of $31 million.

Space Exploration Technologies (NASDAQ:SPCX) and Anysphere (“Cursor”) announced they have entered into an agreement and plan of merger.

Olin (NYSE:OLN) and Huntsman (NYSE:HUN) agreed to an all-stock merger to form a $12.5 billion chemical company.

Beam Global (NASDAQ:BEEM) secured European Patent EP 4 348 756 B1 for its passive battery thermal management technology.

Waterdrop (NYSE:WDH) recorded net operating revenue of RMB1,242.2 million for the first quarter, representing a 64.8% year-over-year increase.

SCHMID Group (NASDAQ:SHMD) secured more than €26 million in new technology equipment orders since mid-May 2026.

Jeff Currie, executive co-chairman at Abaxx Markets, says "the uncertainty remains quite high" around the Strait of Hormuz as maintaining the US-Iran ceasefire will be challenging. Currie looks at what the interim agreement means for the global oil market, what's behind the oil price drop, and how quickly Gulf nations can restore production.