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Cambridge Aerospace hits $3.4bn valuation as 30,000-interceptor production target tests defence-tech scale
Cambridge Aerospace has secured $300 million at a $3.4 billion valuation as it scales Skyhammer interceptor production and develops Starhammer. The valuation has more than doubled in four months, but manufacturing 2,500 interceptors a month and converting government testing into repeat procurement will determine whether the private-market enthusiasm is justified.
Absa Group (JSE: ABG) earnings rise 8% as South Africa offsets weaker African margins
Absa Group lifted first-half headline earnings 8% as credit costs eased, but Africa Regions margin pressure and a larger Kenya bet raise the return hurdle.
Metaplanet invests $135m in Super League to build Nasdaq-listed Bitcoin treasury platform
Super League shares surged 52% as Metaplanet invested 2,100 Bitcoin to create Superplanet. See how control and dilution reshape the deal.
Reliance Worldwide gets A$4.75 Brookfield bid as 95% statutory profit fall puts recovery value in play
Brookfield offers A$4.75 a share for Reliance Worldwide as FY26 profit drops 95%, putting takeover terms and ASX's FY27 margin recovery firmly in focus.
TTM Technologies makes $1.1bn defense push with Epiq Solutions acquisition
TTM Technologies is buying Epiq Solutions for $1.1B to expand in defense, electronic warfare and space. See why leverage is the key risk.
Techno Electric revenue rises 25%, but Rs 628cr data centre build-out is still barely visible in earnings
Techno Electric & Engineering Company Limited grew standalone Q1 FY27 revenue 25%, but margins narrowed and profit slipped as capital moved from treasury investments into data centres, smart metering and transmission assets. With ₹628 crore already deployed into data centres and monetisation still at an early stage, the next test is whether its second growth engine can begin justifying the capital committed.
Rentokil (LSE: RTO) shares remain near their post-results low as North America turnaround faces a harder test
Rentokil Initial is generating more profit, cash and margin from North America, but investors erased a fifth of its value after management prioritised revenue recovery over its old 2027 margin target. Two weeks later, the shares have barely recovered.
HomeTrust shares fall 4% on $448m Blue Ridge deal despite projected 30% earnings boost
HomeTrust is buying Blue Ridge Bankshares for $448M to create a $7B Southeast bank. See why 30% EPS accretion comes with dilution risk.
RTX’s Raytheon wins $22.9bn U.S. Navy Tomahawk contract as missile production ramps
RTX’s Raytheon wins a $22.9bn U.S. Navy Tomahawk contract to ramp missile output. See what it means for $RTX, suppliers and investors.
Golden Dome space-based interceptor race advances as 12 defence contractors clear first test gate
Golden Dome space-based interceptor contenders clear Gate 1. See what it means for $NOC, $LMT, $RTX, SpaceX, missile defence and investors.