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COMPANY NEWS · 9/10
$CRM$BRZE

Salesforce announces $5.66 billion deal for Braze, sending BRZE stock soaring 50%

  • Salesforce said it has agreed to buy Braze for about $5.66 billion, with Braze shareholders to receive $47.50 in cash per share.
  • The transaction is expected to close in fiscal 2028.
  • Braze shares closed at $30.04 on Monday and then rose more than 50% on Tuesday after a brief premarket halt; Salesforce shares slipped roughly 1% on Tuesday morning.
Source: CNBC
COMPANY NEWS
Saudi AramcoAirbus

UK to deploy fighter jets to defend Saudi cities from Houthi attacks

  • The U.K. said it would provide defensive military support, including fighter jets, to support Saudi Arabia as attacks by Iran-backed Houthi rebels escalate.
  • Royal Air Force Typhoon fighter jets will help protect Saudi airspace from drones and missiles, and the jets will operate only in a defensive role.
  • The Royal Air Force will also provide an Airbus A400M Atlas jet to support the movement of defence materiel within Saudi Arabia.
Source: CNBC
COMPANY NEWS
$SPCX

Trump says White House didn't order Starlink restrictions in Ukraine

  • President Trump denied that the White House had ordered restrictions this week on Starlink satellite internet services provided to Ukraine's armed forces.
  • Ukrainian officials on Tuesday and Wednesday said SpaceX had restricted use of Starshield, a military-grade version of Starlink, without warning.
  • SpaceX shares are down about 11% this week, and the company is scheduled to report quarterly results on Tuesday.
Source: CNBC
COMPANY NEWS
SpaceX

Elon Musk says Trump is 'ultimately' responsible for any curbs on Ukraine's Starshield systems

  • Musk said the U.S. government and President Donald Trump were responsible for any curbs on Ukraine's military-grade Starlink network.
  • Ukraine accused SpaceX of imposing new restrictions on Starshield without warning, and said the limits disrupted Ukrainian military operations.
  • Some restrictions appeared to have been partially lifted, with Starlink connectivity at speeds of up to 160 kilometers an hour restored.
Source: CNBC