Sadot Group drops 63% as Nasdaq deadline, deal filings shake investors
Sadot Group's stock plunged 63.1% amidst investor concerns over a looming Nasdaq deadline to address a stockholders’ equity shortfall and recent deal filings. The company has until June 22 to submit a compliance plan to Nasdaq. Additionally, Sadot announced a six-month option to acquire seven California real estate LLCs valued at $125.5 million, a move that comes after its acquisition of Anira Consulting FZC, signaling a shift in focus to agri-foods trading.
GlobalFoundries OCI MSA Silicon: First Chipmaker to Deliver Open Optical Interconnect Standard - News and Statistics
GlobalFoundries is positioning itself as the first chipmaker to deliver silicon supporting the Optical Compute Interconnect Multi-Source Agreement (OCI MSA), an open standard for AI data centers. The company expects to begin volume production as early as 2027 and is currently working with customers on OCI MSA-compatible silicon, which will eliminate vendor lock-in and enable migration from copper to optical interconnects. GlobalFoundries' proprietary Scale technology, which exceeds OCI MSA specifications in wavelength and modulator performance, also supports both CWDM and DWDM standards for flexible optical scale-up and scale-out solutions.
PureCycle resin gives New Jersey packagers a 2027 recycling option
PureCycle Technologies announced that New Jersey's Department of Environmental Protection has confirmed its PureFive® resin qualifies as post-consumer recycled (PCR) content under the state's upcoming recycled content law. This validation allows food-contact rigid packaging containing at least 20% PureFive® resin to help brands meet New Jersey's 20% PCR mandate from January 2027, with requirements increasing to 50% by 2036. Amcor has already produced food-contact rigid containers using PureFive® resin, demonstrating a scalable solution for compliance.
PureCycle Advances Food-Contact PCR Solutions to Support New Jersey’s 2027 Recycled Content Requirement
PureCycle Technologies is preparing brand owners for New Jersey's 2027 recycled content requirements for food-contact packaging. The New Jersey Department of Environmental Protection confirmed that PureCycle's PureFive® resin qualifies as post-consumer recycled content. This resin, produced using a patented dissolution recycling process, allows for high-quality recycled polypropylene suitable for demanding applications like food-contact packaging.
[Form 4] Pagaya Technologies Ltd. Insider Trading Activity
Pagaya Technologies Ltd. former officer Perros Evangelos reported insider trading activity, exercising 20,625 Restricted Stock Units (RSUs) into Class A Ordinary Shares and selling 11,558 shares at $16.23 each to cover tax withholding obligations from a compensatory award. This transaction is characterized as a routine compensation and tax-settlement event, not a discretionary reduction of his holdings. Following these actions, he directly holds 131,241 Class A Ordinary Shares and 61,875 RSUs.
PennyMac Mortgage Investment Trust appoints Scott Sauer to board By Investing.com
PennyMac Mortgage Investment Trust (NYSE:PMT) has appointed Scott Sauer to its Board of Trustees, recognizing his 30 years of financial sector experience, including nearly two decades as an audit partner at Deloitte & Touche LLP. This appointment comes as PennyMac Financial Services, Inc. (NYSE:PFSI), the parent company, faces financial headwinds, despite its apparent undervaluation, and has also recently appointed Tiffany To to its Board to strengthen leadership. Sauer's extensive background in finance, including his roles on the West Point Association of Graduates Board of Directors, is expected to bring valuable expertise to PMT.
Petrobras (PBR) CFO reports cash-settled phantom share disposition on Form 4
Petrobras CFO Fernando Sabbi Melgarejo reported the disposition of 1,757.7 cash-settled phantom share units, part of a performance-based award program. These units are referenced to PETR3 common shares, settled in cash upon vesting, and do not represent a market sale of common stock. Following this transaction, Melgarejo retains 21,070.59 phantom shares.
Mohawk Industries appoints Paul F. De Cock as CEO effective September 2026
Mohawk Industries has announced the appointment of Paul F. De Cock as its new Chief Executive Officer, effective September 30, 2026. De Cock, currently President and Chief Operating Officer, will succeed Jeffrey S. Lorberbaum, who will retire from his CEO role but continue as Chairman of the Board. De Cock brings over two decades of industry experience to the position, having held various senior leadership roles since joining Mohawk through the acquisition of Unilin in 2005.
Teradyne (TER) director Ernest Maddock receives additional DSUs as dividends
Teradyne, Inc. director Ernest E. Maddock received 2 deferred stock units (DSUs) as dividend equivalents on existing DSUs, a routine, non-cash equity compensation adjustment. This transaction, exempt under Exchange Act Rule 16b-3(d), brings his direct holdings to 10,267 shares or share-settled units. DSUs are settled one-for-one in common stock, typically within ninety days of a non-employee director ceasing to serve.
Inside Verizon's tech playbook to keep phones online in Gulf storms
Verizon has announced its comprehensive preparedness plan for the upcoming hurricane season in the Gulf, emphasizing network resilience through backup power, redundant fiber, and a large fleet of mobile and satellite assets. The company is leveraging new technologies like digital twin technology for rapid damage assessment and expanding its multi-orbit satellite fleet. Additionally, Verizon is providing customers with practical tips for personal and business preparedness to maintain connectivity during potential tropical storms.







