SpaceX Wins $1.6 Billion Space Force Deal for 18 Falcon 9 Launches
SpaceX secures $1.6 billion from the U.S. Space Force for 18 Falcon 9 launches through 2027 to deploy military satellites for detecting and tracking airborne threats.
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#Event-Driven Stocks↓
Grant Thornton to Acquire CBIZ for $5 Billion in Largest Accounting Deal in 25 Years
Creates 5th-largest U.S. firm; New Mountain backs spin-off.
US Awards GlobalFoundries $300 Million to Build Faster, More Efficient AI Chip Links
GlobalFoundries receives $300M US funding to advance silicon photonics, targeting 400Gb/s speeds and 5x energy efficiency for AI data centers.
Earnings Miss Hits Avis Stock, While Verra Mobility Soars on Seven-Year Avis Deal
Avis reports Q2 miss but raises utilization to 72.6% and cuts fleet costs 4%.
Court Dismisses Taylor v. Zillow Lawsuit, Clearing Major Overhang for Shares
Jefferies says the Taylor v. Zillow dismissal removes a major overhang. Buy rating and $60 target kept; little ops impact expected.
Prince Alwaleed Buys 5% of Lucid Motors Amid Stock Volatility
Saudi billionaire Prince Alwaleed acquires 19.5M shares of Lucid, taking a 5% stake after the stock’s sharp mid-July drop.