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  • U.S. Stocks May Move To The Upside In Early Trading June 09, 2026 08:57 ET

    After ending the previous session off their best levels of the day but still mostly higher, stocks may see further upside in early trading on Tuesday. The major index futures are currently pointing to a higher open for the markets, with the S&P 500 futures up by 0.5 percent. Early buying interest...

  • APi Group Raises FY26 Outlook After Completing Acquisition Of Onyx-Fire Protection Services June 09, 2026 08:45 ET

    Tuesday, APi Group Corp. (APG) announced that it has completed the acquisition of Onyx-Fire Protection Services, Inc., an inspection-first provider of fire and life safety services in Canada. Also, the company shared its decision to raise its full-year 2026 outlook, reflecting an expected contribution...

  • U.S. Trade Deficit Narrows Roughly In Line With Estimates In April June 09, 2026 08:38 ET

    The Commerce Department released a report on Tuesday showing the U.S. trade deficit narrowed roughly in line with estimates in the month of April. The report said the trade deficit shrank to $55.9 billion in April from a revised $56.6 billion in March. Economists had expected the trade deficit to...

  • Cartesian Enters Licensing Agreement With WestGene June 09, 2026 08:35 ET

    Cartesian Therapeutics (RNAC) announced a strategic licensing agreement with WestGene Biopharma Co. to advance the development of in vivo chimeric antigen receptor T-cell therapies in autoimmune diseases. Cartesian is partnering with WestGene to conduct a Phase 1 dose-escalation study of the mRNA used...

  • Academy Sports And Outdoors Boosts FY26 Outlook - Update June 09, 2026 08:31 ET

    While reporting financial results for the first quarter on Tuesday, sporting goods retailer Academy Sports and Outdoors, Inc. (ASO) raised its earnings, adjusted earnings, net sales and comparable sales guidance range for the full-year 2026, based on first-quarter performance. For fiscal 2026, the...

  • CVRx CFO Oasheim To Step Down June 09, 2026 08:28 ET

    Medical device maker CVRx, Inc. (CVRX) said on Tuesday that its Chief Financial Officer Jared Oasheim will step down to pursue other opportunities, and the company has begun a search for his successor. Oasheim will remain with the company until a successor is appointed and serve as an advisor through...

  • Greenland Energy Enters Into Deal With Halliburton, Shares Other Strategic Updates June 09, 2026 08:22 ET

    Tuesday, Greenland Energy Company (GLND) announced an agreement with Halliburton Company (HAL) for integrated consulting, logistics, and comprehensive well and drilling services. The announcement came via the company's shareholder letter, which reported operational and strategic updates following...

  • RedHill: FDA Grants Rare Pediatric Disease Designation To Opaganib June 09, 2026 08:08 ET

    RedHill Biopharma Ltd. (RDHL) announced the FDA has granted rare pediatric disease designation to opaganib for treatment of neuroblastoma. The rare pediatric disease designation to opaganib provides for a Priority Review Voucher, subject to certain conditions. Opaganib has received Orphan Drug designation...

  • Nuvalent Stock Climbs 39% On $10.6 Bln Takeover Deal With GSK June 09, 2026 08:05 ET

    Shares of Nuvalent, Inc. were surging around 39 percent in the pre-market activity on the Nasdaq, after the clinical-stage biopharma company focused on cancer therapies agreed to be acquired by British drug major GSK plc, in a deal valued at $10.6 billion or 8.0 billion pounds. Further, GSK maintained its 2026 guidance range of 7 percent to 9 percent growth in core operating profit and core EPS.

  • Rubio To Sign MOU With UFC To Enhance Sports Diplomacy Initiatives June 09, 2026 07:59 ET

    Secretary of State Marco Rubio will participate in a Memorandum of Understanding signing ceremony at the U.S. Department of State with Dana White, President and CEO of UFC, on Thursday. The MOU signing will mark a new public-private partnership to enhance sports diplomacy initiatives and collaborate...

  • Lands' End Swings To Profit In Q1; Guides Q2, FY26; Stock Down 4.5% June 09, 2026 07:54 ET

    Uni-channel retailer Lands' End, Inc. (LE) reported Tuesday net income for the first quarter of $330.69 million or $10.56 per share, compared to a net loss of $8.26 million or $0.27 per share in the prior-year quarter. Excluding items, adjusted net loss for the quarter were $0.11 per share, compared...

  • United Natural Foods Q3 Sales Slip, Revises Annual Guidance; Stock Down 11% In Pre-Market June 09, 2026 07:53 ET

    United Natural Foods, Inc. (UNFI) on Tuesday reported a net profit for the third quarter, helped by a drop in expenses. However, the company posted a decline in net sales. In addition, United Natural Foods has revised its annual guidance For the three-month period to May 2, the company reported a...

  • X-59 Aircraft Flies Supersonic For First Time June 09, 2026 07:50 ET

    NASA's experimental X-59 aircraft has marked a major milestone by flying faster than the speed of sound for the first time, setting the stage for demonstrating its quiet supersonic capabilities later this year. NASA test pilot Jim "Clue" Less took off and landed at Edwards Air Force Base in California last Friday, reaching a top speed of approximately Mach 1.1 (713 mph) and altitude of 43,400

  • Lima The World's Best City For Food, According To Time Out June 09, 2026 07:44 ET

    Peruvian capital Lima is the world's best city for food, according to publishing giant Time Out. Time Out publishes the results of its international survey ranking the world's best cities annually, which includes data to uncover other fascinating insights, such as the world's best cities for culture, the coolest neighborhoods, and the world's best food cities. Based on reports from its global ne

  • US Forces Attack Oil Tanker In Gulf Of Oman For Violating Blockade June 09, 2026 07:40 ET

    U.S. forces have attacked an unladen oil tanker in the Gulf of Oman on Monday after the vessel violated the U.S. blockade against Iran by attempting to sail to an Iranian port. U.S. Central Command said it disabled Palau-flagged M/T Marivex as it transited international waters in the Gulf of Oman...

Global Economics Weekly Update - Jun 01 - Jun 05, 2026

June 05, 2026 16:18 ET
A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.

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