Uber launched a driverless ride-hailing fleet in Zagreb on May 1, 2025, through partnerships with Verne and Pony.AI. The service…
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SPAC Shell Secures $50M Backing for ProLogium Merger Despite 42% Income Drop
Translational Development Acquisition Corp. reported second-quarter net income fell 41.7% year over year to $946,982, with earnings per share of…
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$500M Defense Deal Fast-Tracks Joby’s Autonomous Flight Ambitions
Joby just locked in a nine-figure military contract that could accelerate its pilotless aircraft timeline by years. The defense sector’s…
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BTC Development Swings from Loss to $1.87M Profit on Trust Interest
Bitcoin Development pivoted from an operating loss to a net profit of nearly $1.9 million off the back of interest…
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TMX Profit Surges 92% as $3.2 Billion US Options Deal Reshapes Expansion
TMX Group just posted a 92 percent jump in profit on the back of a single acquisition strategy. The $3.2…
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Chemomab’s All-Stock Merger Bets Everything on a 2028 Breakthrough That Could Redefine Rheumatoid Arthritis Treatment
Chemomab Therapeutics is merging in an all-stock deal to create a precision medicine leader focused on rheumatoid arthritis. The combined…
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Outdoor Recreation Giants Merge in All-Stock Deal Targeting $8.1 Billion Revenue and $150 Million in Synergies
Patrick Industries (PATK) is merging in an all-stock deal to form a combined outdoor recreation company generating over $8.1 billion…
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Alcoa Bets $4.1 Billion to Absorb South32’s Entire Aluminum Chain in Landmark Industry Consolidation
Alcoa agreed on June 30, 2026, to acquire South32's bauxite, alumina, and aluminum operations for $3.1 billion in cash plus…
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LCI Industries Merges in All-Stock Deal to Build an $8.1 Billion Outdoor Recreation Giant
LCI Industries and an unnamed merger partner have agreed to an all-stock deal creating an outdoor recreation giant with combined…
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Hertz Stock Craters 42% in Two Days as Used Car Market Collapse Blindsides Investors and Forces Emergency Capital Raise
Hertz (HTZ) shares fell 14.8% in afternoon trading, extending a 27.6% drop from the previous session, after the car rental…
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