Kyocera Positions Fiscal 2025-27 as Years of Structural Reform

Amazon and Google signed 20-year deals with Constellation Energy for nuclear power, totaling $4.3B. Amazon secured 690 MW from Calvert Cliffs, while Google's deal covers 11 reactors. Critics question if these agreements will meet data center demand and impact household electricity costs. The Energy Department approved $4.4B in loans for nuclear facilities. Meta, Microsoft, and Amazon have also made significant nuclear power agreements.

Boeing (NYSE:BA) halted 777 freighter production for two months due to a supplier dispute with Vaero, costing up to $6.5M daily. The issue also impacted 767 aircraft production. Boeing is bringing manufacturing in-house and has removed two partially assembled 777 freighters from its assembly line. The 777X program is unaffected. Boeing has delivered 21 777 freighters this year, with more possible by 2026.

Allegiant Travel Co. converted 6 Boeing 737 MAX 8 options into firm orders, totaling 56 firm aircraft with 74 remaining options. The deal, valued at over $720M, extends deliveries to 2028. The company also disclosed new executive contracts through 2029, including CEO Gregory Anderson's $750K base salary and performance-based compensation.

Helen Chiang, Xbox's COO, left Microsoft after three months. She had led Minecraft and was promoted in July. Xbox CEO Asha Sharma thanked her but gave no reason. Chiang's responsibilities will be split among other leaders. Microsoft plans 3,200 job cuts by 2027, with more layoffs expected this year and next.

RTX and Lockheed Martin won a $215M U.S. Army contract for Javelin missile launchers and a $394M extension for radar systems. HII received a $99M Navy contract for ship trials. Lockheed Martin rose 10.6% this week, while RTX fell 0.5%. Year-to-date, Lockheed Martin gained 22%, RTX 2.2%, L3Harris -17%, and HII -22%.

First Phosphate (NASDAQ:PHOS) aims to start production at its Quebec mine by 2030, following a feasibility study in 2027. The company has secured 75% of the $500M capital expenditure needed, with funding from Swiss and Danish partners. Offtake agreements with European partners are in place, focusing on high-quality phosphate supply.