After coming under pressure early in the session, stocks fluctuated over the course of the trading day on Monday but largely maintained a negative bias. The tech-heavy Nasdaq showed a notable decline on the day, ending the session at its lowest closing level in three weeks.
NVIDIA Corp. (NVDA), an American tech giant, announced on Monday that SpaceXAI will use its new Vera CPUs to accelerate agentic AI workloads, expanding infrastructure for Grok and preparing orbital computing deployments. The deal marks one of the most ambitious AI projects to date, with SpaceXAI...
Following the rebound seen during last Friday's session, stocks have moved back to the downside during trading on Monday. The Nasdaq and S&P 500 have slid into negative territory, although the narrower Dow is bucking the downtrend. Currently, the Nasdaq and S&P 500 are off their lows of the session but still in the red.
Monday, Porsche AG (P911.DE) announced an agreement to sell its management and IT consultancy MHP to India-based Tata Consultancy Services Limited (TCS.NS). The decision is part of the company's Sportwagenschmiede 35 strategy, helping it to focus on its core business, advance its digital transformation...
Leidos Holdings, Inc. (LDOS), an American defense, aviation, information technology, and biomedical research company, announced on Monday that it has secured a five-year, $301 million contract with the U.S. Army to provide round-the-clock cyber operations and strengthen defenses across the Department...
QIAGEN N.V. (QGEN) announced Monday that Jonathan Pratt has been appointed Chief Executive Officer, effective September 1, 2026. He brings to QIAGEN more than 25 years of international leadership experience across life sciences, laboratory technologies and healthcare. The company said Thierry Bernard...
Rental marketplace Zillow Group, Inc. (Z, ZG) announced Monday a resolution with the Federal Trade Commission (FTC) and five states regarding its multifamily rental listings syndication agreement with Redfin. The FTC secured an order to resolve antitrust concerns with the Zillow-Redfin agreement. The...
Tesla Inc. is recalling around 3 million vehicles in China citing safety concerns with hidden door handles. The recall is part of a mass effort in the country, in which eight other automakers, including XPeng Inc., Xiaomi Corp. and Geely Automobile Holdings Ltd., join to call back a total of 4.3 million vehicles over concerns that doors may be difficult to open in an emergency.
Azenta, Inc. (AZTA), a provider of life sciences solutions said on Monday that board member Martin Madaus has been appointed as Interim President and Chief Executive Officer, following the resignation of John Marotta as an Executive Officer and Director. Madaus, a senior operating executive at Carlyle...
H.B. Fuller Company (FUL), an adhesives company, said on Monday that it has rejected Ancora's unsolicited, non-binding proposal to acquire its Building Adhesives Solutions business. The $1.1 billion to $1.2 billion proposal is substantially below precedent transactions and doesn't represent full value...
Monday, Erasca, Inc. (ERAS) announced that the U.S. Food and Drug Administration has granted Fast Track Designation to ERAS-0015 for the treatment of patients with metastatic pancreatic adenocarcinoma. With this designation, the company can now rapidly advance the clinical development of ERAS-0015....
After ending last Friday's trading mostly higher but still posting notable losses for the week, stocks may show a lack of direction in early trading on Monday. The major index futures are currently pointing to a roughly flat open for the markets, with the S&P 500 futures down by just 0.1 percent. The...
Abundia Global Impact Group, Inc. (AGIG), an expert in converting biomass and plastic waste into high-value low-carbon fuels, said on Monday that its board has authorized a new share repurchase drive to repurchase up to $5 million of shares. Ed Gillespie, CEO of Abundia, said: "After a thorough review...
The European Commission has approved €6.1 billion in new defense procurement for Ukraine. This funding covers air and missile defense systems, missiles, ammunition and radars, reaffirming Europe's commitment to supporting Ukraine's defense and resilience against Russia's ongoing attacks. Ursula von...
Eisai Co. (4523.T, EII.SG) and Biogen (BIIB) announced that once weekly lecanemab-irmb subcutaneous injection - LEQEMBI IQLIK - is now available in the U.S. for initiation therapy for early Alzheimer's disease in adults with mild cognitive impairment or mild dementia due to AD, collectively referred...
August 21, 2026 14:42 ET The minutes of the latest policy meeting of the Federal Reserve, housing market data and manufacturing sector survey results were the main news for the U.S. economy this week. In Europe, inflation data from the U.K. was the highlight, while consumer price data from Japan drew attention in Asia.