First Look: Microsoft Faces Cyberattack, Alaska Airlines Grounds Flights
Stock News
- Microsoft (MSFT, Financial) is grappling with a significant cybersecurity threat as "zero-day" exploits target its SharePoint server software. The company has issued a security patch and is collaborating with federal agencies to mitigate the risk. The breach has raised concerns over the vulnerability of on-premises servers, potentially affecting tens of thousands of systems globally.
- Alaska Airlines (ALK, Financial) has grounded all mainline flights nationwide due to an unspecified issue. The Federal Aviation Administration's status page confirmed the ground stop, impacting all destinations served by Alaska's mainline aircraft. The airline's stock could face pressure as investors await further details on the disruption.
- Nvidia (NVDA, Financial) CEO Jensen Huang has sold $12.9 million worth of shares as part of a pre-arranged plan. This follows a previous sale of $37 million earlier in the month. Despite the stock sales, Nvidia's market value continues to soar, driven by strong demand for its AI technology and GPUs.
- Ryanair Holdings (RYAAY, Financial) has warned Boeing (BA, Financial) that it may pause aircraft deliveries if tariff-related costs are not absorbed by the manufacturer. The airline reported strong Q1 earnings and expects robust demand in Q2, but remains cautious about the impact of delayed Boeing deliveries on its FY26 traffic growth.
- Stellantis (STLA, Financial) reported a 6% decline in Q2 shipments, citing tariff disruptions and product transitions in key markets. The company incurred €0.3 billion in net tariffs and is focusing on improving performance with new product launches expected in the second half of 2025.
- Thomson Reuters (TRI, Financial) will join the Nasdaq-100 Index, replacing ANSYS (ANSS, Financial), which was acquired by Synopsys (SNPS). The inclusion is set to take place before the market opens on July 28, 2025, potentially boosting Thomson Reuters' visibility and investor interest.
- SS&C Technologies (SSNC, Financial) has agreed to acquire Carlyle's (CG, Financial) British fund network Calastone for approximately $1.03 billion. The acquisition, expected to close in Q4 2025, will expand SS&C's global reach in the financial services sector.
- Biogen (BIIB, Financial) plans to invest an additional $2 billion in its North Carolina facilities, enhancing its manufacturing capabilities. The investment aims to support Biogen's late-stage clinical pipeline and expand its antisense oligonucleotide capabilities.
- BP (BP, Financial) has appointed Albert Manifold as its new Chairman, effective October 1. Manifold, the former CEO of CRH plc, brings extensive leadership experience to BP as the company navigates the evolving energy landscape.
- Wolters Kluwer (WTKWY, Financial) has signed an agreement to sell its Finance, Risk, and Regulatory Reporting unit to Regnology Group for €450 million. The divestment will allow Wolters Kluwer to focus on its core compliance and legal services.
- Sarepta Therapeutics (SRPT, Financial) shares fell after the company refused the FDA's request to halt shipments of its Elevidys gene therapy. The refusal follows reports linking the therapy to three patient deaths, raising concerns about Sarepta's compliance with regulatory requests.
- Galp Energia (GLPEF, Financial) reported Q2 RCA Ebitda of €840 million, reflecting strong operational performance. The company updated its FY outlook, raising its Ebitda guidance for 2025 due to robust upstream production and favorable macroeconomic conditions.
- Louis Vuitton (LVMUY, Financial) is under investigation in Hong Kong following a data breach affecting 419,000 customers. The breach exposed personal information but did not compromise payment data, according to the company.
- Four Corners Property Trust (FCPT, Financial) has acquired six Novant Health Urgent Care properties for $12 million. The properties are under long-term, triple net leases, enhancing FCPT's portfolio of healthcare-related real estate assets.
Disclosures
I/We may personally own shares in some of the companies mentioned above. However, those positions are not material to either the company or to my/our portfolios.
