EUDA Health Holdings Stock Price, News & Analysis

General Dynamics Land Systems, a unit of General Dynamics (NYSE:GD), won a $54.3 million contract for Stryker vehicle sustainment services. The contract, awarded by the U.S. Department of War, covers maintenance and support until August 24, 2031. General Dynamics was the sole bidder.

Hormel Foods (HRL) appointed Ash Bhumbla, former Tyson Foods executive, as CFO, effective September. Bhumbla succeeds interim CFO Paul Kuehneman, who will remain a senior leader. Hormel recently named John Ghingo as CEO and reported strong Q2 results, with Q3 earnings due Thursday.

Wendy's CEO Bob Wright admitted the company neglected food quality, contributing to its loss of the No. 2 burger-chain ranking to Burger King. Wright plans to revamp the leadership team and focus on a product-first strategy. Meanwhile, billionaire investor Nelson Peltz is reportedly considering taking Wendy's private, citing undervalued stock.

Moody's upgraded XPO's corporate family rating to Ba1 from Ba2, citing margin gains, stronger earnings, and improved credit metrics. The company's debt-to-EBITDA ratio fell to 2.8x, with revenue up 10% YoY. Moody's expects continued growth and deleveraging, with potential divestiture of XPO's European platform.

Nancy Pelosi's spouse reportedly acquired 10,000 Intel shares and 50 call options, and 15,000 Bloom Energy shares and 200 call options in July. Intel reported Q2 revenue of $16.1B, up 25%, while Bloom Energy saw Q2 revenue surge 166% to $1.07B, raising full-year guidance to $3.9B-$4.2B.

Nvidia (NVDA) is in talks to invest in Perplexity at a valuation above $30B, a 50% increase from its prior $20B valuation. Perplexity's revenue grew from under $250M to over $750M this year, driven by its Perplexity Computer product. The company plans a 2028 IPO, backed by Nvidia, Jeff Bezos, and SoftBank.