Seneca Foods Reports Sales and Earnings for the Quarter and Twelve Months Ended March 31, 2025

L3Harris Technologies (LHX) gained 0.43% premarket after Guggenheim initiated coverage with a Buy rating and $365 price target, suggesting 49% upside. The stock is near its 52-week low, down 30% in six months. Guggenheim expects sustained growth and defense spending tailwinds. Jefferies started coverage at Hold with a $315 target, citing leadership changes and missile IPO uncertainty.

Halliburton secured a contract to construct wells for Eni's Cronos project, an ultra-deepwater development off Cyprus. The deal highlights Halliburton's role in the East Mediterranean's energy sector.

Airbnb announced a $250 million fund to support affordable and mixed-income housing projects, according to the Wall Street Journal. The company aims to address criticism over its role in housing affordability. Funds will be distributed as gap financing, with the first project in Austin, Texas, receiving $6.4 million. Airbnb expects below-market returns but anticipates the investment will leverage $5 billion in capital over a decade. The initiative is led by former Biden administration official D

Michael Burry, known for his 2007 real estate market bet, has short positions in Oracle (ORCL), Palantir (PLTR), and Nebius (NBIS). He reduced bets against NVDA and PLTR. Burry's options suggest an AI crash by year-end, but Nvidia's GPU deals and Hugging Face acquisition indicate strong AI demand. Palantir's government contracts may boost revenue.

Jefferies launched healthcare REIT coverage, favoring senior housing due to demographics and limited supply. It initiated Janus Living (Buy, $36 target), Welltower (Buy, $275 target), and Ventas (Buy, $102 target) with Buy ratings, citing quality and growth. Healthpeak and Healthcare Realty Hold were rated neutral.

Halliburton has won a multi-year contract with Eni to provide well services for the Cronos gas development offshore Cyprus. The contract covers exploration and development wells in Block 6 of Cyprus’ Exclusive Economic Zone. Halliburton will offer integrated services, including drilling, well construction, and completions, using its LOGIX technologies. The contract expands Halliburton’s presence in the Eastern Mediterranean, though the value and duration were not disclosed.