Group 1 - The Writers Guild of America opposes the merger deal between Paramount Skydance and Warner Bros Discovery [1]

Core Insights - Australia's Sunrise Energy Metals has granted Lockheed Martin an option to purchase up to 15 tonnes of scandium oxide over a five-year period [1] Company Summary - Sunrise Energy Metals is focusing on the production of scandium oxide, which is a critical material for various applications, including defense [1] - Lockheed Martin, a U.S. defense contractor, is interested in securing a supply of scandium oxide, indicating potential demand in the defense sector [1]

Group 1 - General Motors and Stellantis will face new tariffs on U.S.-assembled vehicles in Canada, ending their previous exemption [1] - The change in tariff policy is a response to ongoing trade tensions between Canada and the U.S. [1] - This decision may impact the pricing and sales strategies of both companies in the Canadian market [1]

Alaska Airlines has requested the grounding of its flights at all airports on Thursday evening due to an unspecified tech-related issue, according to a U.S. Federal Aviation Administration advisory. ...

Core Viewpoint - Rivian has reached a settlement of $250 million regarding a class-action lawsuit from 2022, where shareholders accused the electric vehicle manufacturer of defrauding investors about vehicle prices at the time of its IPO [1] Group 1 - The settlement amount is $250 million, which will be paid to certain shareholders [1] - The lawsuit was initiated by shareholders who claimed that Rivian misled them regarding vehicle pricing [1] - The allegations were made in the context of Rivian's initial public offering (IPO) [1]

Core Insights - Apple has commenced the shipment of artificial intelligence servers manufactured in a Houston factory, indicating a strategic move towards enhancing its AI capabilities [1] - This initiative is part of Apple's broader plan to invest $600 billion in the U.S. over the next few years, highlighting the company's commitment to domestic growth and technological advancement [1] Company Developments - The establishment of the Houston factory for AI server production signifies Apple's focus on expanding its infrastructure to support AI technologies [1] - The investment of $600 billion is expected to bolster various sectors within the U.S. economy, potentially creating jobs and fostering innovation [1]

Inhibrx Biosciences said on Thursday its experimental drug helped slow the progression of a rare and aggressive bone cancer in a mid-stage trial, sending its shares surging over 70% in extended tradin... ...

Core Points - A union representing over 3,200 Boeing workers is set to vote on a contract offer on October 26 [1] Group 1 - The union represents workers who assemble fighter jets and munitions [1]

Core Insights - Digital Realty Trust has raised its annual forecasts for core funds from operations and revenue, anticipating increased demand for data center services driven by the growth in artificial intelligence [1] Company Summary - The company expects a significant boost in demand for its data center services due to the ongoing boom in artificial intelligence [1]

Core Insights - VeriSign reported a more than 7% increase in third-quarter revenue, attributed to consistent demand for domain registrations as businesses enhance their online presence [1] Company Summary - The revenue growth of over 7% indicates a strong performance in the third quarter, reflecting the ongoing trend of businesses establishing their digital footprint [1]