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CMS Reverses Course on Medicare Reimbursement for Orthofix Bone Growth Stimulators

Medicare reversed a pay cut for Orthofix devices, restoring revenue outlook and boosting the stock on improved earnings visibility.

CMS Reverses Course on Medicare Reimbursement for Orthofix Bone Growth Stimulators
Credit: Orthofix Medical
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07/06/2026 · 8:18 AM
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Microsoft Axes 3,200 Xbox Jobs and Spins Out Five Studios in Major Reset
Featured/ 07/06/2026 · 10:09 AM

Microsoft Axes 3,200 Xbox Jobs and Spins Out Five Studios in Major Reset

Microsoft is eliminating around 4,800 jobs, including 3,200 at Xbox (20% of its workforce), as part of a major restructuring. 1,600 cuts hit immediately, with more phased through 2027 amid profitability push and AI shift.

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Lockheed Martin to Acquire Ultra Maritime for $3.45 Billion to Strengthen Undersea Warfare
07/06/2026 · 9:44 AM

Lockheed Martin to Acquire Ultra Maritime for $3.45 Billion to Strengthen Undersea Warfare

Lockheed Martin is acquiring undersea warfare leader Ultra Maritime for $3.45 billion to boost its sonar, sonobuoy, and anti-submarine capabilities.

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Solstice to Acquire Element Solutions for $14.5B to Strengthen AI and Semiconductor Position
Featured/ 07/06/2026 · 9:16 AM

Solstice to Acquire Element Solutions for $14.5B to Strengthen AI and Semiconductor Position

The acquisition strengthens its position in AI, semiconductors, and advanced materials. Expected to close in H1 2027.

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