Toyota (NYSE:TM) and Joby Aviation (NYSE:JOBY) launched the initial phase of a strategic manufacturing alliance, creating a joint venture to advance all-electric air taxi production.
The combined market value of the Magnificent Seven — Microsoft (NASDAQ:MSFT), Nvidia (NASDAQ:NVDA), Alphabet (NASDAQ:GOOGL), Apple (NASDAQ:AAPL), Meta Platforms (NASDAQ:META), Tesla (NASDAQ:TSLA), and Amazon.com (NASDAQ:AMZN) — fell about $2.3 trillion in June, according to CNBC.
Unicycive Therapeutics (NASDAQ:UNCY) said the U.S. Food and Drug Administration issued a Complete Response Letter for its resubmitted new drug application for oxylanthanum carbonate, a treatment for hyperphosphatemia in chronic kidney disease patients on dialysis.
HeartBeam (NASDAQ:BEAT) announced completion of patient enrollment in its ALIGN-ACS pilot study evaluating the HeartBeam System for heart attack detection.
Redwire (NYSE:RDW) announced it has been awarded a contract by Taiwan Color Optics, a subsidiary of SemiLux International, to deliver its Penguin Mk2.5 VTOL uncrewed aerial system to the Taiwan Coast Guard.
Magnachip Semiconductor (NYSE:MX) appointed Chae Lee as Chief Executive Officer, effective July 1, 2026, marking a leadership change after nearly 11 months under interim CEO Camillo Martino.
Britain’s competition regulator proposed allowing app developers to steer users to alternative payment options outside Apple and Google app stores to reduce fees and boost competition.
Intrusion (NASDAQ:INTZ) said it has completed its acquisition of VigilAigent, a managed security service provider previously owned by Tego Cyber.
Progress Software (NASDAQ:PRGS) reported second quarter fiscal 2026 revenue of $253 million, an increase of 7% year over year on an actual currency basis and 6% on a constant currency basis.
QXO (NYSE:QXO) said its stockholders approved the issuance of shares needed to complete its acquisition of TopBuild (NYSE:BLD), alongside separate approval from TopBuild shareholders for the merger agreement.
Air T (NASDAQ:AIRT) reported fiscal 2026 revenue of $327.1 million, compared with $291.5 million a year earlier, reflecting 12% growth that included contributions from its Rex acquisition.
Gilat Satellite Networks (NASDAQ:GILT) said it secured $43 million in new orders for its Sidewinder electronically steered antenna (ESA) terminals from a major in-flight connectivity service provider.
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