Eltek Reshuffles Board Committees Following Director’s Resignation

Eltek Reshuffles Board Committees Following Director’s Resignation

Eltek Ltd. (NASDAQ: ELTK), a global manufacturer of high-reliability printed circuit boards (PCBs), has announced changes to its board and committee leadership following the planned resignation of independent director Gad Dovev. The update was disclosed through a Form 6-K filing with the U.S. Securities and Exchange Commission (SEC), outlining governance changes that will take effect…

US Private Hiring Slows as ADP Reports 98,000 New Jobs in June

US Private Hiring Slows as ADP Reports 98,000 New Jobs in June

U.S. private employers added 98,000 jobs in June, according to the latest ADP National Employment Report, marking a slowdown from 122,000 jobs in May and falling short of economists’ expectations of 118,000. The weaker-than-expected figures suggest hiring momentum eased during the month, even as the broader labor market remains relatively stable. The ADP report serves…

Berto Acquisition II Opens Separate Trading for Shares and Warrants

Berto Acquisition II Opens Separate Trading for Shares and Warrants

Berto Acquisition Corp. II has announced that investors will soon be able to separately trade the ordinary shares and warrants contained within its publicly traded units. According to the company’s latest SEC Form 8-K filing, the separation is expected to begin on or about July 6, 2026, providing shareholders with greater flexibility in how they…

Baird Pushes Farm Equipment Recovery Outlook to 2028

Baird Pushes Farm Equipment Recovery Outlook to 2028

Investment bank Baird has warned that a meaningful recovery in North America’s large agricultural equipment market may not arrive until 2028, citing continued oversupply of key crops and persistent pressure on farm profitability. The revised outlook follows the latest U.S. Department of Agriculture (USDA) crop reports, which showed abundant supplies of corn and soybeans despite…

Volato Raises $1.8M in Direct Stock Sale

Volato Raises $1.8M in Direct Stock Sale

Volato Group has announced a new capital raise through a registered direct offering, securing approximately $1.82 million in gross proceeds. The financing was disclosed in the company’s latest SEC Form 8-K filing and comes as Volato continues expanding its strategic focus toward artificial intelligence and digital infrastructure. The filing also revealed the resignation of one…

Rocket Lab’s $8B Iridium Acquisition Reshapes the Space Industry

Rocket Lab’s $8B Iridium Acquisition Reshapes the Space Industry

Rocket Lab has announced one of the biggest deals in the commercial space sector, signing an agreement to acquire satellite communications company Iridium Communications in a transaction valued at approximately $8 billion. The merger marks a major strategic expansion for Rocket Lab, combining its launch and spacecraft manufacturing capabilities with Iridium’s established global satellite communications…

Why Alphabet Stock Is Falling

Why Alphabet Stock Is Falling

Alphabet shares are under pressure mainly because several high-profile AI researchers have recently left the company for rivals. Most notably, Gemini co-lead Noam Shazeer departed for OpenAI, while Nobel Prize-winning DeepMind scientist John Jumper joined Anthropic. New reports also suggest additional Gemini researchers may be leaving. Investors worry these departures could weaken Google’s competitive position…

Qualcomm's $5B AI Opportunity

Qualcomm’s $5B AI Opportunity

Shares of Qualcomm rose after analysts at Morgan Stanley upgraded the stock, citing a potentially massive opportunity in the fast-growing AI data center market. The firm believes Qualcomm’s expanding presence beyond smartphones could unlock significant new revenue streams and improve long-term growth prospects. $5 Billion AI Data Center Forecast Morgan Stanley estimates that Qualcomm could…

Canadian Solar Gains on Florida Battery Deal

Canadian Solar Gains on Florida Battery Deal

Shares of Canadian Solar moved higher after the company announced a significant battery energy storage agreement in Florida through its energy storage subsidiary, e-STORAGE. The project further strengthens the company’s position in the rapidly expanding U.S. energy storage market and highlights growing demand for grid-scale battery solutions. Large-Scale Florida Deployment Under the agreement, e-STORAGE will…