Business
Raytheon Wins $745 Million MDA Contract for SM-3 IIA Interceptors
Raytheon, an RTX business, won a $745 million Missile Defense Agency contract for SM-3 IIA interceptor production and sustainment through 2031.
Wall St Press | Financial news and market analysis
Anthropic to Watermark Claude Text and Files Worldwide for EU AI Act
Smartkem Strikes $125 Million All-Stock Deal for Ferrox
Raytheon Wins $745 Million MDA Contract for SM-3 IIA Interceptors
Raytheon, an RTX business, won a $745 million Missile Defense Agency contract for SM-3 IIA interceptor production and sustainment through 2031.
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White House Completes Voluntary Frontier AI Testing Framework, Calls in Labs
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OpenAI Launches ChatGPT Work to Automate Tasks Across Workplace Apps
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SSR Mining Shares Fall After Q2 Costs Climb and Output Slips
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China Gold Imports Hit 26-Month High in May, up 76% Year to Date
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Belrise Industries Buys Hyva India Tipper Body Unit for $5.65 Million
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Moderna Wins EU Contract to Supply RSV Vaccine to Six Countries
Northrop Grumman Signs $3 Billion Missile Defense Production Frameworks
Northrop Grumman signed two seven-year framework agreements worth more than $3 billion to expand PAC-3 MSE and THAAD missile component production.
Anthropic to Watermark Claude Text and Files Worldwide for EU AI Act
Anthropic says future Claude models will embed text watermarks and file provenance metadata as EU AI Act labeling rules take effect Aug. 2, 2026.
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Smartkem Strikes $125 Million All-Stock Deal for Ferrox
Smartkem agreed to acquire Ferrox Critical Minerals in an all-stock deal valuing Ferrox at $125 million, adding South African critical minerals exposure.
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SSR Mining Shares Fall After Q2 Costs Climb and Output Slips
SSR Mining reported Q2 production of 101,959 gold-equivalent ounces and AISC of $2,622 per ounce, while maintaining a $0.03 quarterly dividend.
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China Gold Imports Hit 26-Month High in May, up 76% Year to Date
China imported about 163 tonnes of gold in May, the highest in 26 months, lifting 2026 imports through May to roughly 692 tonnes, up 76% year over year.
Belrise Industries Buys Hyva India Tipper Body Unit for $5.65 Million
Belrise Industries agreed to buy Hyva India's tipper body business for about $5.65 million, adding three plants and widening its commercial-vehicle reach.
Analysis
China's Critical Minerals Chokehold Still Runs Through Refining and Magnets
China still dominates critical-mineral refining, rare-earth magnets and battery-grade graphite, leaving Western defense and clean-energy industries exposed.
By Wall St Press ·
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Anthropic and OpenAI Test the Rules for Valuing AI Revenue
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Combined private-market valuations above $1 trillion rest on revenue growth that is real but far smaller, forcing investors to separate consumption run rate from durable recurring revenue.
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