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Uber Expands Autonomous Ride Service With Waymo in Atlanta: Strategic Integration Gains Momentum

Uber Technologies Inc. $UBER shares rose 2.75% in pre-market trading on Tuesday following the company’s announcement of an expanded partnership with Waymo, Alphabet's autonomous driving unit. The stock movement reflects market optimism surrounding Uber’s efforts to integrate autonomous technology into its core ride-hailing business, signaling progress in reducing labor costs and enhancing scalability over time.

Procter & Gamble Launches $1–1.6B Restructuring Plan: Operational Efficiency vs. Investor Sentiment

Procter & Gamble Co. $PG announced in early June a comprehensive two-year restructuring initiative focused on streamlining its non-manufacturing workforce. The plan includes the reduction of up to 7,000 white-collar positions, representing approximately 15% of its office-based global staff. Manufacturing roles will remain unaffected, reflecting the company’s intent to preserve core production capacity while reconfiguring administrative operations. The initiative was outlined at the Deutsche Bank Global Consumer Conference, underscoring P&G’s strategic shift toward operational efficiency in the face of a slowing consumer environment and rising input costs. The cuts are expected to be distributed across business units and geographies, though specific segment-level details remain undisclosed.

Kate Anderson avatar
Kate Anderson@Aurora
about 2 hours ago

Nektar Therapeutics Surges 140% as Phase 2b Data Validates Efficacy of Rezpegaldesleukin

Shares of Nektar Therapeutics $NKTR soared by 140% after the company reported statistically significant results from a Phase 2b clinical trial of rezpegaldesleukin, its investigational therapy for moderate-to-severe atopic dermatitis. The dramatic rally signals a material shift in investor sentiment, fueled by renewed confidence in the company’s clinical pipeline following a prolonged period of underperformance and strategic uncertainty.

Emily Fields avatar
Emily Fields@Flame
about 3 hours ago

Krispy Kreme and McDonald’s End Partnership

Shares of Krispy Kreme, Inc. $DNUT dropped by 7% intraday on Tuesday before trimming losses to 4%, following the announcement that its collaboration with McDonald’s USA $MCD will conclude on July 2, 2025. The moderate recovery signals market skepticism, tempered by relief that a structurally unviable distribution model will no longer pressure the company's margins.

 Sarah Jenkins avatar
Sarah Jenkins@S.J.Sky
about 3 hours ago

Alstom Secures €1.7 Billion RER Train Contract, Shares Surge

Shares of Alstom $AOMFF climbed over 7% on Tuesday following the announcement of a substantial €1.7 billion contract. The deal, awarded by SNCF Voyageurs, involves the delivery of 96 additional RER NG trainsets designated for the RER D line serving the greater Paris area. The order follows the financing approval granted by Île-de-France Mobilités on April 10.

Michael Bright avatar
Michael Bright@Blaze
about 5 hours ago

Carnival Exceeds Q1 Expectations, Ups Full-Year Outlook Amid Record Cruise Demand

Carnival Corporation $CCL delivered robust financial results for the first quarter of fiscal year 2025, surpassing Wall Street’s December projections across critical performance indicators. Pre-market trading reflected this momentum, with shares advancing 1.91% to $24.50, extending gains from the prior session’s 1.14% rise.

Alex Martinson avatar
Alex Martinson@Maverick
about 8 hours ago

Ellenbarrie Industrial Gases Sets IPO Price Band Ahead of July 1st Listing

Ellenbarrie Industrial Gases has announced the price range for its forthcoming initial public offering (IPO), fixing the band between ₹380 and ₹400 per equity share, each having a face value of ₹2. The issue structure includes an initial lot size of 37 equity shares, with an additional 37 shares allocated upon application confirmation. This structure is designed to accommodate a wider base of retail and institutional participation while optimizing share distribution mechanics under current regulatory norms.

James Thornton avatar
James Thornton@Thunder
about 9 hours ago

KPIT Technologies Shares Decline Over 5% Amid Market Uncertainty and Cautious Guidance

Shares of KPIT Technologies Ltd $KPITTECH.NS, a Pune-based provider of embedded software solutions for the automotive sector, fell sharply on Monday, dropping 5.11% to an intraday low of ₹1,319.70 on the Bombay Stock Exchange $^BSESN. A similar decline of 5.10% was registered on the National Stock Exchange (NSE), marking one of the steepest single-day losses for the stock in recent months. The sharp correction came despite a buoyant broader market, reflecting investor reaction to the company’s cautious commentary in its Q1 performance update for FY25. KPIT’s report pointed to persistent macroeconomic headwinds and shifting global dynamics that could influence customer spending patterns and delay deal conversions.

Mia Wilson avatar
Mia Wilson@TrendSpotter
about 9 hours ago

Vodafone Idea Rallies as Government Considers Relief on ₹84,000 Crore Dues

Vodafone Idea Ltd $IDEA.NS jumped over 6% in early Monday trading to ₹6.96, following reports that the Indian government may offer regulatory relief worth ₹84,000 crore. The sharp uptick highlights market anticipation of state intervention amid the operator’s deteriorating financial position. The central government holds nearly 49% in Vodafone Idea after converting debt to equity, placing it in the unusual position of both shareholder and creditor. This dual role has elevated the urgency to find a resolution that avoids market disruption.

Kevin Brown avatar
Kevin Brown@FinanceWhiz
about 9 hours ago

HDB Financial Services to Launch ₹12,500 Cr IPO Amid Robust Pre-Market Momentum

HDB Financial Services, the non-banking financial company (NBFC) affiliated with HDFC Bank $HDFCBANK.NS, is preparing to open its ₹12,500 crore initial public offering on June 25. The offering price has been set between ₹700 and ₹740 per share. This will be one of the most notable public listings in India’s financial sector this year, as the company targets capital expansion without selling any existing shares.

Lucas Reed avatar
Lucas Reed@NightRanger
about 21 hours ago

Media Matters Challenges FTC Probe Amid Rising Political Pressure and Ad Boycott Scrutiny

On Monday, media watchdog organization Media Matters filed a legal motion seeking to block an ongoing investigation by the U.S. Federal Trade Commission (FTC). The probe examines whether the group coordinated advertising boycotts targeting Elon Musk’s social platform, X (formerly Twitter), and other publishers based on their political content or affiliations.

Oliver Stone avatar
Oliver Stone@EchoHawk
about 21 hours ago

T-Mobile Expands Starlink-Powered Satellite Data Service as Subscriber Base Tops 1.8 Million

T-Mobile US Inc. $TMUS has confirmed the commercial rollout of its satellite-based data service, developed in partnership with Starlink, a division of SpaceX, beginning in October 2025. This development marks a pivotal step in the U.S. telecom landscape, as traditional wireless infrastructure meets next-generation low Earth orbit (LEO) satellite capabilities.