latest news in companies

Strategy Sells Millions in Bitcoin to Buy Back Company Preferred Stock

Strategy Sells Millions in Bitcoin to Buy Back Company Preferred Stock

Tysons Corner, Monday, 3 August 2026.
Strategy sold $105 million in bitcoin to repurchase preferred stock and strengthen cash reserves, marking a strategic shift to manage high dividend commitments and balance sheet stability.

Alibaba Shares Surge Following Launch of Powerful New Artificial Intelligence Model

Alibaba Shares Surge Following Launch of Powerful New Artificial Intelligence Model

Hangzhou, Monday, 3 August 2026.
Alibaba stock jumped over seven percent on August 3, 2026, after releasing its largest artificial intelligence model yet, intensifying price competition with global rivals.

Princeton University Press Partners With Cashmere to Secure Licensing and Fair Author Pay in Artificial Intelligence Applications

Princeton University Press Partners With Cashmere to Secure Licensing and Fair Author Pay in Artificial Intelligence Applications

Princeton, Monday, 3 August 2026.
On August 3, 2026, Princeton University Press partnered with Cashmere to ethically license scholarly work to artificial intelligence platforms, ensuring copyright protection, accurate citations, and fair compensation for academic authors.

Navigator Gas Secures Funding for Next-Generation Clean Energy Ships

Navigator Gas Secures Funding for Next-Generation Clean Energy Ships

London, Monday, 3 August 2026.
Navigator Gas signed a $121.8 million credit facility to finance two new ammonia-fuelled gas carriers. This debt covers up to 70% of the construction costs for vessels arriving in 2028.

Autolus Therapeutics Secures $250 Million Financing as Cancer Drug Sales Surge

Autolus Therapeutics Secures $250 Million Financing as Cancer Drug Sales Surge

London, Monday, 3 August 2026.
Autolus Therapeutics has secured a $250 million credit facility from Perceptive Advisors following a 70% quarterly sales jump for its cancer therapy AUCATZYL. Driven by expanding treatment center adoption, the company’s gross margins surged to 35% in the first half of 2026—a dramatic turnaround from negative 20% in late 2025—prompting management to raise full-year revenue guidance to $150 million and extend its cash runway into 2028.

Digital Currency Platform OwlPay Harbor Doubled Its Payment Volume in July

Digital Currency Platform OwlPay Harbor Doubled Its Payment Volume in July

New York, Monday, 3 August 2026.
OwlTing Group’s enterprise payment platform, OwlPay Harbor, grew over 100% in July 2026, marking six straight months of rapid expansion driven by global corporate transactions.

Palantir Prepares for High-Stakes Earnings Release Amid Shifting Global Markets

Palantir Prepares for High-Stakes Earnings Release Amid Shifting Global Markets

New York, Monday, 3 August 2026.
On August 3, 2026, global markets are navigating a complex landscape of shifting geopolitical risks and critical corporate earnings reports. Ahead of Palantir Technologies reporting its second-quarter financial results after the market close today, the options market is pricing in an extraordinary 12% stock price movement. This potential swing equates to a massive $31.6 billion shift in market capitalization for the data analytics provider. While the company boasts eight consecutive quarters of beating earnings expectations and projects full-year revenue exceeding $7.65 billion, its stock remains 40% below its previous peak due to Wall Street debates surrounding enterprise software demand. Concurrently, broader market volatility has been tempered by a 5.1% decline in Brent crude oil prices following an OPEC+ production increase and a pause in Middle Eastern military escalations.

Oculis Receives Positive Regulatory Feedback to Advance Multiple Sclerosis Drug Strategy

Oculis Receives Positive Regulatory Feedback to Advance Multiple Sclerosis Drug Strategy

Zug, Monday, 3 August 2026.
The US FDA cleared Oculis Holding to advance its Privosegtor drug for acute multiple sclerosis relapses without requiring additional preclinical studies.

Flutter Entertainment Leaves London Stock Exchange to Focus Solely on Wall Street

Flutter Entertainment Leaves London Stock Exchange to Focus Solely on Wall Street

New York, Monday, 3 August 2026.
On August 3, 2026, gambling titan Flutter Entertainment officially cancelled its London listing, moving exclusively to the New York Stock Exchange to capture expanding U.S. capital markets.

Danone and Arcor Join Forces to Lead Argentina's Changing Dairy Industry

Danone and Arcor Join Forces to Lead Argentina's Changing Dairy Industry

Buenos Aires, Monday, 3 August 2026.
French food giant Danone and Argentina’s Arcor finalized a 50-50 joint venture, La Serenísima Unida, consolidating equal control over historic producer Mastellone Hermanos to streamline South American supply chains.