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Pratt & Whitney acquires Aiir Innovations to strengthen AI-powered engine inspections (RTX)
InvestorsHub21d agoneutral
Pratt & Whitney acquires Aiir Innovations to strengthen AI-powered engine inspections (RTX)

Pratt & Whitney, a business unit of RTX (NYSE:RTX), has acquired Dutch technology company Aiir Innovations as it looks to expand the use of artificial intelligence across its aircraft engine inspection and maintenance operations. AI technology to enhance engine inspectionsAccording to a company announcement released on 15 July 2026, Aiir Innovations has developed AI-assisted software that analyses borescope inspection footage, helping engineers identify potential issues more quickly and consiste

Bloomberg21d agoneutral
Morgan Stanley Hauled in Billions of Wealth Assets in IPO Frenzy

(Bloomberg) -- It’s not just Morgan Stanley’s IPO bankers that are benefiting from the frenzy of companies going public in recent weeks.The bank hauled in $148 billion of net new assets in its wealth-management business in the second quarter, over half of which were tied to IPOs, according to a statement Wednesday. SpaceX’s record-breaking listing earlier this year proved to be a field day for Morgan Stanley and its Wall Street peers that helped take it public. Elon Musk’s space and artificial-i

SpaceX Stock Is in a Bear Market. This Can Turn It Around.
Barrons.com21d agobearish
SpaceX Stock Is in a Bear Market. This Can Turn It Around.

SpaceX stock is dangerously close to breaking its $135 IPO price. SpaceX is set to test its huge, fully-reusable Starship for the thirteenth time. Starship promises to dramatically lower the cost of reaching space while dramatically increasing SpaceX’s capacity to put things into orbit.

Eyeing valuation jump, investors prep bids for chip giant CXMT's $8.6 billion IPO
Reuters21d agobullish
Eyeing valuation jump, investors prep bids for chip giant CXMT's $8.6 billion IPO

Chinese investors seeking shares in CXMT's $8.6 billion IPO are betting the Chinese chipmaker's valuation will soar as much as 10-fold after its Shanghai debut on the back of an AI-led upcycle and Beijing's ambition to be technologically self-sufficient. The share offering ‌by CXMT, or ChangXin Memory Technologies, will be Asia's biggest share sale so far this year. Wu Zhou, a fund manager at Shenzhen Deyuan Investment, said he will bid for new CXMT shares, betting that China's top memory chipmaker will ​one day take market share from global giants like South Korea's Samsung Electronics and SK Hynix.

GuruFocus.com22d agoneutral
Chipotle Opens First Mexico Store, Targets Mexico City Expansion by 2027

Chipotle Mexican Grill (NYSE:CMG), a U.S. restaurant chain offering customizable Mexican-inspired food, is expanding into Mexico with its first location scheduled to open Thursday in the Monterrey metropolitan area. The company is entering the market in partnership with Alsea, a Latin American restaurant operator that manages brands including Starbucks across the region. Chipotle plans to open additional restaurants in Nuevo Leon later this year before expanding into Mexico City in 2027, suggesting the company is taking a phased approach to building its presence in the country.

Comcast eyes acquisition of 33-year-old rival amid struggles
TheStreet22d agoneutral
Comcast eyes acquisition of 33-year-old rival amid struggles

Comcast has been quietly contemplating acquiring a 33-year-old telecom competitor as it continues to struggle with customer losses in its cable TV and internet business. The company lost 322,000 cable TV customers and 65,000 internet customers in the first quarter of 2026 as it faces growing ...

MediaPost22d agoneutral
Writers Union Sues To Block Paramount-WB Merger

"If Paramount succeeds in buying Warner Bros., the merged firm will be the largest buyer of original film and television programming in the United States, eliminating vigorous competition from a major film and television studio that has operated for more than a century," Writers Guild of America alleged in a lawsuit filed Tuesday.

Warner Bros. CEO Zaslav Sells $59 Million in Stock as Paramount Skydance Merger Faces New Hurdles
Benzinga22d agobearish
Warner Bros. CEO Zaslav Sells $59 Million in Stock as Paramount Skydance Merger Faces New Hurdles

A merger between Paramount Skydance (NASDAQ:PSKY) and Warner Bros. Discovery (NASDAQ:WBD) is facing new hurdles. In the backdrop of new worries of the merger being approved, Warner Bros. Discovery CEO David Zaslav is cashing out shares. David Zaslav Sells WBD Shares Zaslav is selling shares of the company he leads for the second time this year, cashing in ahead of the highly anticipated merger of two media companies. Zaslav sold 2.18 million shares for $59.47 million, according to a report from

OpenAI’s Growing Challenges Narrow Its IPO Window
The Wall Street Journal22d agoneutral
OpenAI’s Growing Challenges Narrow Its IPO Window

OpenAI is in an IPO pickle. A year ago, the idea of an OpenAI listing would have had Wall Street salivating, with relatively few reservations about its large financial losses or questions about its leadership. After surviving an attempted ouster two years prior, chief Sam Altman had carved OpenAI into his nascent industry’s undisputed king and hitched himself closely to the much wealthier Microsoft to bankroll growth.

Exclusive-Data center firm Switch taps banks for IPO that could value it up to $80 billion, sources say
Reuters22d agoneutral
Exclusive-Data center firm Switch taps banks for IPO that could value it up to $80 billion, sources say

Data center operator Switch has hired investment banks for an initial public offering that could raise up to $10 billion as soon as the fourth ‌quarter, according to two people familiar with the matter, and value the company at close to $80 billion, ‌including debt. Goldman Sachs and JPMorgan Chase have been tapped as lead underwriters for the offering, the people said. The IPO would rank among the largest U.S. stock market debuts in recent years, underscoring investors' appetite for companies benefiting from surging demand for artificial intelligence infrastructure.

Jet.AI Announces Merger Letter of Intent and Planned Data Center Spin-Off
InvestorsHub22d agoneutral
Jet.AI Announces Merger Letter of Intent and Planned Data Center Spin-Off

Jet. AI (NASDAQ:JTAI) has signed a non-binding merger letter of intent with a private operating company while outlining plans to spin off its data center business into a separate publicly traded company, a transaction that could leave shareholders owning stakes in two listed businesses.

Chipotle Opens First Restaurant in Mexico as Global Expansion Continues (CMG)
InvestorsHub22d agoneutral
Chipotle Opens First Restaurant in Mexico as Global Expansion Continues (CMG)

Chipotle Mexican Grill (NYSE:CMG) is preparing to open its first restaurant in Mexico this week, marking a major milestone in the company’s international growth strategy as it enters the country that inspired much of its menu. The restaurant chain, which operates more than 4,100 locations worldwide, described the launch as a significant step in its global expansion plans.

Chipotle expands into Mexico
Restaurant Dive22d agoneutral
Chipotle expands into Mexico

International growth will be an important objective for the chain going forward and lessons drawn from its Nuevo León location will inform further development.