L3Harris Technologies Inc (NYSE: LHX) is buying “Link 16” from Viasat Inc (NASDAQ: VSAT) for $1.96 billion to capitalise on increased U.S. spending on “defense”. CEO Kubasik’s remarks on CNBC TDL – the Tactical Data Links business had roughly $400 million in

Shares of Twitter Inc (NYSE: TWTR) shot up 15% this afternoon on a report that Elon Musk no longer wanted to pull out of his buyout deal with the social network.    Dan Ives reacts to the news Citing anonymous sources, Bloomberg

Ford Motor Company (NYSE: F) is up roughly 8.0% on Tuesday after the legacy automaker reported sales for its fiscal third quarter. Supply constraints remain an issue for Ford The multinational noted a 16% year-on-year increase in quarterly sales despite an 8.9%

Poshmark Inc (NASDAQ: POSH) opened nearly 15% up on Tuesday after Naver Corp (KRX: 035420) said it will buy the social commerce marketplace for $1.20 billion. Details of the announced agreement The $17.90 a share transaction is expected to complete by the

The Financial Stability Oversight Council (FSOC) in its latest report on cryptocurrencies suggests the digital assets market needs a lot more policing to help curb potential risks likely to crop up given the rapid adoption across the financial system. The committee’s