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Groupon Names Aditya Rajkumar as COO

Groupon (GRPN) said Monday it appointed Aditya Rajkumar as its chief operating officer, effective Aug. 3.Rajkumar previously worked at 7-Eleven and held multiple roles at DoorDash (DASH), the company said.Price: $16.29, Change: $-0.18, Percent Change: -1.06%

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Street Color: Alibaba, Baidu Among Firms Designated as Chinese Military Companies, Pentagon Says

$BABA$BIDU

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Scotiabank Cuts Price Target on Wix.com to $90 From $110, Maintains Sector Outperform Rating

Wix.com (WIX) has an average rating of overweight and mean price target of $96.16, according to analysts polled by FactSet.(covers equity, commodity and economic research from major banks and research firms in North America, Asia and Europe. Research providers may contact us here: https://www..com/contact-us)Price: $48.31, Change: $-4.08, Percent Change: -7.79%

$WIX

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Market Chatter: Amazon to Raise $10 Billion From Canadian Dollar Bond Sale

Amazon.com (AMZN) is set to raise C$14 billion ($10 billion) from its investment-grade Canadian dollar bond sale, the largest such offering on record, Bloomberg reported Monday, citing people with knowledge of the matter.The tech giant is offering senior unsecured notes in five parts, with maturities ranging from three to 30 years, the report said, citing the people.Amazon didn't immediately reply to a request for comment from.(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)Price: $245.48, Change: $-0.55, Percent Change: -0.22%

$AMZN

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Amazon to Raise Record About $10 Billion in Canadian Dollar Bond Sale, Bloomberg Reports

$AMZN

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Market Chatter: OpenAI's Stargate Data Center Faces Rising Costs, Power Challenges

A data center developed by Crusoe in Texas that is part of Microsoft-backed (MSFT) OpenAI's Stargate computing effort is facing mounting costs and power-related challenges, The Information reported Monday, citing two people with direct knowledge of the matter as well as engineers and power grid experts.Crusoe has had to pause operations at the site periodically due to issues including cooling mishaps, turbine glitches, and Texas grid rules designed to manage power swings, as well as risks to money, personnel and equipment, the report said.Crusoe and OpenAI didn't immediately reply to a request for comment from.(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)Price: $409.59, Change: $-7.08, Percent Change: -1.70%

$MSFT$ORCL

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OpenAI's Stargate Data Center Developers Face Higher Costs, The Information Reports

$MSFT$ORCL

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Cisco, IBM to Support UK Government Push to Provide AI Training for Workers

Cisco Systems (CSCO) and IBM (IBM) are among the companies chosen by the UK government to train workers in AI skills as part of a 200 million pound ($267 million) national investment to speed adoption of the technology.The initiative will support programs that help businesses test and scale AI, the UK Department for Science, Innovation & Technology said Monday in a statement.Cisco signed a memorandum of understanding with the department to support government programs aimed at building digital and AI skills, while IBM is expanding its SkillsBuild program with new and free AI learning courses, according to the statement.As part of the initiative, the UK government also signed a joint statement with Alphabet's (GOOG, GOOGL) Google, Microsoft (MSFT), Anthropic, and OpenAI to collaborate with frontier AI labs to support "evidence-based policymaking and responsible AI development," the department said.Price: $125.29, Change: $+3.65, Percent Change: +3.00%

$CSCO$GOOG$GOOGL$IBM$MSFT

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Update: Market Chatter: Uber's Delivery Hero Pursuit Faces Challenge From Saudi Startup

(Update with Delivery Hero's response to a request for comment fromin the last paragraph.)Uber Technologies' (UBER) efforts to acquire Delivery Hero could face a new hurdle as Saudi Arabia-based quick-commerce startup Ninja is considering a bid for some of the German food delivery company's Middle East assets, the Financial Times reported Monday, citing people familiar with the matter.Ninja is initially focused on acquiring Delivery Hero's Saudi subsidiary HungerStation and could submit a proposal to the company's board as early as this week. The startup is also exploring a partnership with another group to acquire parts of Talabat, the Dubai-based food-delivery platform, the people said, according to the report.Some Delivery Hero shareholders would support offers of around 10 billion euros ($11.5 billion) for the two assets, with Talabat accounting for most of that value, the report said. Such a deal could complicate Uber's takeover ambitions, given that the US ride-hailing company recently valued Delivery Hero at roughly 12 billion euros.Delivery Hero declined to comment, while Uber didn't immediately reply to a request for comment from.(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)Price: $70.48, Change: $-0.23, Percent Change: -0.33%

$UBER

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Truist Securities Adjusts PT on Broadstone Net Lease to $22 From $20, Maintains Hold Rating

Broadstone Net Lease (BNL) has an average rating of overweight and mean price target of $21.82, according to analysts polled by FactSet.(covers equity, commodity and economic research from major banks and research firms in North America, Asia and Europe. Research providers may contact us here: https://www..com/contact-us)Price: $20.60, Change: $+0.02, Percent Change: +0.07%

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Mizuho Adjusts Price Target on Tango Therapeutics to $36 From $30, Maintains Outperform Rating

Tango Therapeutics (TNGX) has an average rating of buy and mean price target of $35.09, according to analysts polled by FactSet.(covers equity, commodity and economic research from major banks and research firms in North America, Asia and Europe. Research providers may contact us here: https://www..com/contact-us)Price: $27.99, Change: $+7.77, Percent Change: +38.40%

$TNGX

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Shell Commences Exchange Offers for Outstanding Unregistered Notes Issued by Shell Finance US

Shell (SHEL) said Monday it has commenced offers to exchange validly tendered and accepted notes of certain series of outstanding unregistered notes issued by Shell Finance US.The exchange offers allow holders to exchange up to the entire aggregate principal amount of each series of restricted notes for an equal principal amount of the corresponding series of exchange notes, the company said.The exchange notes will represent the same debt as the restricted notes, and Shell will issue the exchange notes under the same indenture that governs the applicable series of restricted notes, according to the company.Shell said it will accept for exchange all restricted notes validly tendered and not withdrawn prior to 5:00 pm ET on July 8, unless extended.Price: $86.44, Change: $+1.04, Percent Change: +1.22%

$SHEL

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Accenture to Acquire Creator Agency Whalar

Accenture (ACN) said Monday it agreed to acquire Whalar, a creator and social media agency, from Whalar Group, expanding its influencer marketing and customer engagement capabilities.Financial terms were not disclosed and the transaction is subject to customary closing conditions.Whalar will become part of Accenture Song, the company's marketing and creative services unit. Accenture said the deal is aimed at enhancing its capabilities in connecting real-time insights, social commerce, and AI-driven discovery to help brands integrate creators more deeply into customer experiences.Price: $177.05, Change: $-1.20, Percent Change: -0.67%

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Update: Market Chatter: Uber Technologies Opens Waitlist for Wayve Robotaxis Ahead of UK Launch

(Updates with Wayve's statement in fifth paragraph.)Uber Technologies (UBER) has established a waitlist for customers interested in trying a Wayve Technologies robotaxi in London ahead of a planned commercial launch in the UK this year, Bloomberg reported Monday, citing a statement from Uber.UK users will be able to join the "interest list" through the Uber app and raise their chances of being matched with a robotaxi once the service starts, according to the report.Uber did not give a timeline for the service launch, the report said.The autonomous vehicles will use software and systems developed by Wayve and initially be supervised by a human operator, the UK-based autonomous vehicle firm told Bloomberg.In an emailed statement to, Wayve confirmed that it was preparing to launch autonomous rides on Uber after years of testing its technology in London. "This marks the beginning of Wayve's global rollout and an important milestone in bringing safer, more accessible, and more convenient transportation to cities around the world, starting in London," Wayve said.Uber did not immediately reply to a request for comment.(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)Price: $70.46, Change: $-0.25, Percent Change: -0.35%

$UBER

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Nexera Subsidiary Fort Technology Begins Trading on Nasdaq

Nexera Technologies (NEXR) said Monday its majority-owned subsidiary, Fort Technology (FRTT), has received formal approval to list its common shares on the Nasdaq Capital Market.Fort's common shares are expected to begin trading on Nasdaq today under the ticker symbol "FRTT," the company said, adding that Fort's common shares will continue to trade on the TSX Venture Exchange.Nexera will hold about 70.94% of the issued and outstanding Fort common shares, the company added.Shares of Nexera were down more than 22% in Monday trading.Price: $0.93, Change: $-0.28, Percent Change: -23.14%

$FRTT$NEXR

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Update: Oppenheimer Raises Oracle Price Target to $275 From $235 Due to 'Strengthening Business Momentum', Maintains Outperform Rating

(Updates with the analyst's commentary.)Oppenheimer raised its price target on Oracle (ORCL) to $275 from $235, highlighting the company's fiscal Q4 resuklts, especially stronger expected (Oracle Cloud Infrastructure) growth."We believe our research mosaic (large partners and competitor checks, regression analysis and company-specific data) around enterprise IT demand, business activity, top of the funnel momentum, potential upside to estimates, and the earnings setup are positive for Oracle in F4Q," analysts Brian Schwartz and Idan Gutkind wrote in a Monday note.Oracle's partners also posted huge capital expenditures, which reflects "greater than expected IT demand," the analysts mentioned.Oracle has an average rating of overweight and mean price target of $254.38, according to analysts polled by FactSet.(covers equity, commodity and economic research from major banks and research firms in North America, Asia and Europe. Research providers may contact us here: https://www..com/contact-us)Price: $214.15, Change: $+0.47, Percent Change: +0.22%

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Top Midday Stories: US Weighs Financial Stakes in AI Firms; Google, Nvidia Turn to Intel as TSMC Struggles With Demand

All three major US stock indexes were up in late-morning trading Monday, after Iran's Ministry of Foreign Affairs said its military has ceased its strikes against Israel, though they could resume if Israeli operations in Lebanon continue.The US government is considering taking a financial stake in artificial intelligence companies, with President Donald Trump planning to meet with executives next week, news outlets reported late Friday, citing the president's comments aboard Air Force One.In company news, Alphabet's (GOOG, GOOGL) Google and Nvidia (NVDA) have turned to Intel (INTC) as a backup manufacturer for their most advanced processors as Taiwan Semiconductor Manufacturing (TSM) struggles to meet overwhelming demand, The Information reported Monday, citing four people with direct knowledge of the discussions. Google has placed an order for over 3 million Tensor Processing Units from Intel in 2028, the report said, citing two of the people. Nvidia hasn't placed an order with Intel, but its evaluating whether Intel technology can be used to make a processor that combines four graphics chips into a single unit, two of the people reportedly told The Information. Shares of Alphabet's Class C and Class A shares were both down 1.2% around midday. Nvidia shares were up 1%. Intel shares were up 12%, while TSM shares were up 3.5%.Eli Lilly (LLY) said Sunday that overweight or obese female patients reduced their body weight throughout all menopausal phases while using the maximum dose of its Foundayo medication in two medical trials. The first trial showed that pre-menopausal, perimenopausal and post-menopausal individuals dropped a maximum of 28 pounds, 30.4 pounds, and 28.2 pounds over 72 weeks, the company said. During the second study focusing on subjects with type 2 diabetes, patients in the same three physiological stages shed up to 23.4 pounds, 18.5 pounds, and 27.8 pounds, the company said. Separately, the company reported Saturday that additional phase 3 data showed that its investigational molecule retatrutide achieved substantial weight loss with meaningful improvements in obesity-related conditions, including knee osteoarthritis pain, moderate-to-severe obstructive sleep apnea, and type 2 diabetes. Eli Lilly shares were up 2.6%.Amazon (AMZN) said Monday it signed a multibillion-dollar deal with Corning (GLW) to supply optical fiber, cable and connectivity products for its growing US data center network. Amazon shares were down 0.1%, while Corning shares were up 6.3%.SpaceX (SPCX) has attracted about $150 billion in investor demand for its initial public offering, about twice the $75 billion it aims to raise, Reuters reported Sunday, citing people familiar with the matter.Tango Therapeutics (TNGX) said Monday that initial results from its phase 1/2 trial of vopimetostat, an investigational PRMT5 inhibitor, in combination with Revolution Medicines inhibitor daraxonrasib showed a six-month progression-free survival rate of 90% in patients with pancreatic cancer. Tango shares were up 47%.Campbell's (CPB) reported fiscal Q3 adjusted earnings Monday of $0.50 per diluted share, down from $0.73 a year earlier but above the FactSet consensus analyst estimate of $0.48. Fiscal Q3 net sales were $2.37 billion, down from $2.48 billion a year ago and below the FactSet consensus of $2.38 billion. Campbell's shares were down 1.2%.Price: $207.86, Change: $+2.76, Percent Change: +1.35%

$AMZN$CPB$GLW$GOOG$GOOGL$INTC$LLY$NVDA$TNGX$TSM

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Jefferies Adjusts Price Target on American Water Works to $127 From $128, Maintains Hold Rating

American Water Works (AWK) has an average rating of hold and mean price target of $136.30, according to analysts polled by FactSet.(covers equity, commodity and economic research from major banks and research firms in North America, Asia and Europe. Research providers may contact us here: https://www..com/contact-us)Price: $123.88, Change: $-0.59, Percent Change: -0.47%

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Apogee Shares Close to Reflect Atopic Dermatitis Prospects, RBC Says

Apogee Therapeutics (APGE) shares are close to "appropriately" reflecting their prospects in atopic dermatitis following its recent Part B results of zumilokibart, RBC said in a note Monday.RBC conducted a survey to gauge dermatologists' reactions to the data and how they might incorporate zumilokibart into their future clinical practice, the report said.The survey revealed slightly higher-than-expected potential switch expectations but lower-than-expected use in biologics-naives, the note said.The results improve confidence in RBC's $2.5 billion out-year US atopic dermatitis estimates, but not quite enough to warrant increasing its sales estimates, the report said."We are increasing our PoS to better reflect further de-risking both on the clinical and the market side, but we still believe shares are close to appropriately reflecting these prospects," the note said.RBC raised its price target to $97 from $82 while keeping its sector perform rating.Price: $84.66, Change: $-2.27, Percent Change: -2.61%

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HCW Biologics Registers Resale of Up to 5.7 Million Shares

HCW Biologics (HCWB) said Monday it is registering for the resale of up to 5.7 million common shares by selling stockholders connected to a May private placement.The shares include 427,046 already issued shares, 2.4 million shares tied to pre-funded warrants and 2.8 million shares tied to common stock purchase warrants, the company said.The May private placement sold 2.8 million units at $1.405 each and raised about $4 million in gross proceeds, the company added.HCW Biologics said it will not receive proceeds from the resale, though it may receive up to about $3.6 million if the common warrants are exercised for cash.The company added any warrant exercise proceeds would be used for general corporate purposes, including clinical and preclinical programs, research and development, working capital and other needs.Shares of the company were down more than 7% in Monday trading.Price: $1.50, Change: $-0.13, Percent Change: -7.98%

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