U.S. retail sales fell for the first time in nine months in July, while a GDP-linked control-group measure also declined 0.4%.

Reddit shares surged Friday after its S&P 500 addition was confirmed, with JPMorgan estimating index funds may need to buy about 16.7 million shares before the change takes effect.

The China-specific LLM would add an Apple-trained model to a rollout that already relies on Alibaba’s Qwen and Baidu technology, though its exact role remains unclear.

The August 14 closing converts Anysphere shares into 389.3 million SpaceX Class A shares, bringing Cursor fully inside SpaceX after months of AI model-training collaboration.

The HSR waiting period has expired, Rocket Lab filed its S-4 and FCC transfer applications are on file as the company works to finance the roughly $8 billion acquisition.

Birkenstock now expects fiscal 2026 revenue to grow 15% in constant currency and adjusted EBITDA to reach at least €710 million after another quarter of strong full-price demand.

Ascendis Pharma’s second-quarter product revenue rose 105% to €315 million as YORVIPATH expanded and newly launched YUVIWEL began contributing U.S. sales.

Figure Technology Solutions posted $225.6 million in second-quarter net revenue, up 113% from a year earlier, while an initial premarket rally faded after the opening bell.

Oil prices retreated Thursday after a 17.4 million-barrel U.S. crude build and fresh IEA and OPEC demand downgrades outweighed continuing supply risks around the Strait of Hormuz.

Accelerant shareholders will receive $20.25 per share in cash, a 49% premium to the Aug. 12 close, with the deal expected to close in the first half of 2027.