Business

Informa TechTarget unveils B2B AI Authority Index tool
New tool ranks companies by AI influence, leveraging TechTarget’s enterprise tech data and Informa’s industry reach.

Alpha Compute signs deal for Pennsylvania data center
The agreement marks a step toward expanding the company's U.S. infrastructure footprint.

Nexera’s Fort Technology to acquire 50.1% stake in Logia USA
Deal marks Nexera’s expansion into U.S. logistics via majority stake in Logia USA, a provider of supply-chain software solutions.

Trump administration to spend $900 million on White House construction
Funding for upgrades and renovations to exceed $900 million, per Washington Post report citing administration plans.

Trump administration proposes $900 million White House construction plan
Proposal includes infrastructure upgrades and renovations at the presidential residence, per Washington Post report.

Horizon3.ai’s $250M raise signals push into government pentesting
The autonomous security platform’s latest funding round, led by NightDragon and NEA, adds defense and telecom heavyweights as it targets high-assurance contracts.

Zhu Rongji, former Chinese premier, dies at 98
Former Chinese Premier Zhu Rongji, a key architect of China's economic reforms, has died at the age of 98.

Meta faces largest U.S. youth social media lawsuit in 29 states
Legal battle over alleged harm to minors from Instagram and Facebook launches in California, marking a pivotal test for social media litigation.

Nvidia earnings: Four key metrics investors will watch next week
AI demand, revenue growth, guidance and profit margins will shape investor reaction to Nvidia's quarterly results.

Beacon Rise ends talks to buy Ergotec
Company terminates acquisition negotiations after failing to reach terms on valuation and integration. Deal would have expanded Beacon Rise’s industrial automation portfolio.

FlightAware sues Kalshi over flight data misuse
Aviation data provider FlightAware alleges Kalshi misused its cancellation data in trading contracts, seeking damages for trademark infringement and reputational harm.

Former Toyota Chairman Okuda, architect of global expansion, dies at 93
Okuda reshaped Toyota into a global automotive leader through aggressive international growth strategies during his tenure.

Counter-UAS market seen tripling by 2030 amid defense expansion
Global counter-drone sector poised for 200% growth as military and commercial demand surges, with defense contractors positioning for market leadership.

BTG Pactual posts record Q2 2026 profit, ROAE jumps to 26.7%
Brazilian investment bank reports highest-ever quarterly net income, lifting return on average equity to 26.7% as revenue growth outpaces costs.

Jeffersonville Bancorp Q2 profit rises to $0.79 per share
Regional lender Jeffersonville Bancorp posts second-quarter earnings of $0.79 per share, beating analyst estimates.

Iconex buys Heartland Label Printers in expansion push
Iconex acquires Heartland Label Printers to expand its labeling solutions portfolio amid rising demand for specialized packaging.

U.S. FDA finalizes produce safety guidance for fresh-cut items
New rules aim to enhance microbial controls and reduce contamination risks in freshly cut fruits and vegetables. Industry groups to review compliance timelines.

Samos Energy declines to bid for Capricorn Energy
British oil explorer Samos Energy said it will not proceed with a potential takeover of Capricorn Energy, citing strategic misalignment and valuation concerns.

Saudi Energy Q2 2026 profit forecast exceeds estimates
Saudi Energy's Q2 2026 profit outlook surpasses analyst expectations, as outlined in its earnings call transcript.

Talabat raises 2026 forecast after Q2 profit beats estimates
Middle Eastern food delivery firm Talabat posted a stronger-than-expected Q2 profit and raised its 2026 outlook, citing robust order growth and cost discipline.

Constellation Software Q2 2026 profit exceeds expectations
Software conglomerate reports quarterly earnings above analyst forecasts amid sustained demand for enterprise solutions.

T1 Energy posts higher Q2 2026 margins, stock steady after results
Energy firm T1 Energy reported improved margins for the second quarter of 2026, with its stock trading relatively unchanged following the earnings call.

Maple Leaf Foods reports steady Q2 2026 earnings
Canadian protein producer posts in-line quarterly results with modest revenue growth and stable margins. Analysts cite resilience amid market volatility.

Turkish F-16 fighter jet crashes during training, pilot survives
Incident occurred during a routine training exercise in central Turkey. No civilian or infrastructure damage reported.

Ancora proposes $1.2 bln for H.B. Fuller adhesives unit
Private equity firm Ancora Capital offers up to $1.2 billion to acquire H.B. Fuller's global adhesives business, marking a major deal in specialty chemicals.

