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nVent (NYSE:NVT) agreed to acquire Maverick Power for $1.75 billion, subject to customary adjustments, in a transaction aimed at expanding its power distribution and infrastructure solutions business.
PDD Holdings (NASDAQ:PDD) reported Q2 2026 revenue of RMB112.4 billion (US$16.6 billion), up 8% year-over-year, supported mainly by higher transaction services revenue.
XPENG (NYSE:XPEV) reported a second-quarter total revenue of RMB19.74 billion (US$2.91 billion) driven by strong vehicle sales.
Gilead Sciences (NASDAQ:GILD) announced that the European Commission approved Trodelvy (sacituzumab govitecan-hziy) combined with Keytruda (pembrolizumab) for adults with PD-L1-positive metastatic triple-negative breast cancer.
Precision BioSciences (NASDAQ:DTIL) announced that the first patient has been dosed in the Phase 1/2 FUNCTION-DMD trial evaluating PBGENE-DMD for Duchenne muscular dystrophy.
Comstock (NYSE:LODE) announced the completion of its sale of legacy mining, processing, and related real estate entities to Mackay Precious Metals, a subsidiary of Mackay Gold & Silver Corp., in a transaction valued at more than $45 million.
XPENG (NYSE:XPEV) announced that its robotics business has secured more than US$900 million in funding from global investors, giving the unit a post-money valuation of more than US$6.3 billion.
Ecovyst, ECVT stock, Laurie Bergman, CFO appointment, Michael Feehan, corporate leadership, executive changes, chemical industry
Robo.ai (NASDAQ:AIIO) reported net revenue of US$55.1 million for the six months ended June 30, 2026.
Jane Foley, head of FX strategy at Rabobank, discusses market anxiety over the US Treasury and Federal Reserve in what she calls "a very interesting week" for the dollar. She speaks on "Bloomberg Brief."
Goldman Sachs, says Europe is a trade that's "worked better than people think this year," as she sees positive returns going forward for European equities due to earnings growth. She speaks on "Bloomberg Brief."
X Financial (NYSE:XYF) reported second-quarter 2026 total net revenue of RMB993.6 million (US$146.4 million), marking a 56.3 percent year-over-year decline.
