Leonardo DRS contracts worth $96 million cover electronics hardware for the MK 41 Vertical Launching System used by U.S. and allied navies.
Author: Global Macro News Desk
Global Macro News Desk
Global Macro News Desk covers global economy, financial markets, central banks, geopolitics, energy, and macro risk. The desk focuses on clear, context-driven reporting and analysis for readers following the forces shaping global markets. [email protected]
The Signet price target was raised to $120 from $100 at Raymond James, whose analyst retained an Outperform rating after quarterly results.
The SolarEdge AI powertrain has begun medium-voltage to 800-volt DC conversion under load as the company advances data center infrastructure.
US jobless claims totaled 206,000 in early September, staying near historically low levels as continuing claims eased to 1.774 million.
The Enspryng FDA review received Priority Review for MOGAD after a Phase 3 study showed a clinically meaningful reduction in relapse risk.
The ECB rate increase lifted all three policy rates by 25 basis points as officials warned that energy pressures could keep inflation elevated.
US producer inflation increased 0.4% in August and accelerated to 5.4% annually, slightly exceeding the 5.3% market forecast.
Meta stock was upgraded to Overweight at JPMorgan, whose analyst raised the price target to $820 on emerging AI monetization opportunities.
The IBM quantum hub at ETH Zurich plans to install Switzerland’s first Quantum System Two and support research, startups and industrial users.
What to watch today includes U.S. producer inflation, the ECB decision, a 30-year Treasury auction, oil inventories and major tech earnings.