CSL and Alentis announce global partnership to develop and commercialise lixudebart for rare kidney and liver diseases

President Trump's administration signed drug-pricing agreements with nine mid-sized pharmaceutical companies, including Astellas Pharma, Teva, and UCB, to lower U.S. drug prices under the MFN proposal. Companies agreed to reduce prices and invest $19.6B in U.S. manufacturing, with some contributing APIs to a government reserve. The deals cover 89% of the branded drug market, expanding beyond initial Big Pharma focus.

CSL (ASX:CSL; USOTC:CSLLY) has agreed with the U.S. government to lower drug prices and invest $1.5 billion in U.S. manufacturing. The deals include pricing adjustments for Medicaid and new therapies, and a manufacturing expansion in Illinois. The company expects no material impact in fiscal 2027.

Oracle (ORCL) issued a force majeure notice for its New Mexico AI data center, Project Jupiter, which includes Bloom Energy's (BE) largest fuel-cell deployment. Bloom Energy shares initially dropped over 5% but have since recovered. Oracle remains committed to the project, but regulatory delays could push back revenue recognition for Bloom Energy. Citadel Securities' Ken Griffin has increased his stake in Bloom Energy over the past year.

Planet Labs PBC is highlighted as a lower-multiple investment in the commercial space sector, trading at 14.6x price-to-sales, compared to 96x for SpaceX and 55x for Rocket Lab. It reported Q2 revenue of $116.1M, up 58% YoY, with a 57% gross margin and positive free cash flow. Defense revenue surged over 90% YoY, but shares are down 18.15% YTD. Analysts rate it a 'Strong Buy' with a $34.78 target, implying 99% upside.

The U.S. and China failed to reach a rare earth supply deal during Xi Jinping's visit, leaving the West to secure supplies. Rare earth exports from China to the U.S. declined, with prices showing mixed trends. Elmet Group and Almonty Industries are expanding tungsten production. Glencore will partner with the U.S. strategic minerals reserve. Eramet plans to expand lithium production in Argentina. Processing capacity is also increasing, with Korea Zinc planning a U.S. smelter.

Vultr committed $1.2B to HPE's AMD Helios AI Rack, deploying 72-GPU systems in U.S. data centers. HPE, AMD, and Broadcom collaborated on the rack-scale design. Vultr, a private cloud infrastructure company, aims to meet high AI infrastructure demand. The racks feature AMD Instinct MI455X GPUs, EPYC CPUs, and HPE's networking and cooling solutions. Microsoft also plans to scale Helios on Azure.