Latest Corporate News
PlusAI Announces Business Update Call for April 7, 2026
PlusAI, a leader in AI software for autonomous trucks, will host a conference call at 4:30 p.m. ET today to discuss commercial, financial, and strategic milestones. Highlights include the launch of HyperFoundry™ with $25 million contracted value expected in H1 2026, FY2026 revenue target of $40–50 million, path to profitability in 2027, and public listing via Churchill Capital Corp IX in Q2 2026. The call will be webcast on the company's investor site.
Churchill Capital Corp IX Files Amendment and Reschedules Shareholder Meeting
Churchill Capital Corp IX (NASDAQ: CCIX) filed a post-effective amendment to its S-4 and rescheduled its extraordinary general meeting for the proposed business combination with PlusAI. The SPAC aims to take PlusAI public, supporting its autonomous truck AI advancements. This follows PlusAI's business update announcement.
Telix Pharmaceuticals Reports Strong Q1 2026 Revenue Growth
Telix Pharmaceuticals (ASX: TLX, NASDAQ: TLX) announced Q1 2026 unaudited group revenue of US$230 million, up 11% QoQ, with Precision Medicine revenue at US$186 million, up 16%. The company reaffirmed FY2026 revenue guidance of US$950–970 million and highlighted therapeutics pipeline progress.
Strong growth seen in Illuccix® and Gozellix® segments.
Telix Appoints New Non-Executive Director David Gill
Telix announced the appointment of David Gill as Non-Executive Director effective May 11, 2026, as part of board renewal, with potential to become Chair. Gill brings extensive U.S. public company governance and biopharma leadership experience.
This enhances the board's capabilities amid revenue growth.
Private Credit Funds Face Heavy Redemption Requests
Blue Owl Technology Income Corp fund hit with 40.7% redemption requests, and Blue Owl Credit Income Corp with 21.9%, though limited to 5%. KKR, Ares Management, Apollo, and BlackRock also imposing redemption limits amid $3 trillion industry anxiety.
No defaults expected yet, but could prompt Fed rate cuts if issues escalate.
FDIC Board Schedules April 7 Meeting on Stablecoin Rules
The FDIC Board will meet at 1 p.m. ET today via webcast to discuss Notice of Proposed Rulemaking on GENIUS Act requirements for stablecoin issuers and insured depository institutions. This addresses standards for FDIC-supervised permitted payment stablecoin issuers.
Media can request in-person attendance.
FDIC to Consider AML and Counter-Terrorism Financing Rules
FDIC's discussion agenda includes Notice of Proposed Rulemaking on Anti-Money Laundering and Countering the Financing of Terrorism Programs. The open meeting via webcast covers key regulatory updates for financial institutions.
Summary agenda includes prior meeting minutes.
FDIC Finalizes Rule Prohibiting Reputation Risk in Regulation
The FDIC Board will consider a Final Rule prohibiting the use of reputation risk by regulators in discussions today. This is part of the summary agenda with a single vote unless moved to discussion.
Meeting follows Sunshine Act requirements.
ISM Manufacturing Index Rises to 52.7 in March 2026
The ISM manufacturing index increased to 52.7 in March from 52.4 in February, marking the third straight monthly gain above 50, signaling expansion. This positive economic data supports market optimism amid geopolitical developments.
Consumer confidence also rose slightly.
Conference Board Consumer Confidence Improves to 91.8
Consumer confidence index rose to 91.8 in March from 91.0 in February, with present situation surging to 123.3. Expectations component dipped slightly to 70.9.
This rounds out positive U.S. economic indicators for the period.
Trump Pauses Iran Energy Strikes, Markets Watch Deadline
President Trump paused U.S. strikes on Iran's energy sector until April 6 for peace talks, with a new deadline implying market implications. Talks described as progressing well despite media reports.
This geopolitical move influences energy and broader markets.