ERIC News & Events

Ericsson, in collaboration with AT&T and MediaTek, has completed North America's first in field trial of Ericsson Low-Latency Mobility supporting Layer 1/Layer 2 Triggered Mobility on the AT&T network powered by Ericsson's Radio Access Network technology. Ericsson Low-Latency Mobility feature set, part of Ericsson's 5G Advanced Critical IoT subscription, shortens interruption time to enable faster, more reliable handovers, delivering a smoother connection for people and equipment on the move. In testing, LTM reduced data interruption during cell change by up to 25 percent versus legacy Layer 3 mobility.

Vonage announced the commercial launch of its network-powered solutions for fraud prevention in Canada, offering developers and enterprises advanced fraud prevention capabilities across the nation's largest carrier networks. These capabilities are made possible through Vonage's network APIs, connecting to Canadian carriers, via Aduna's integration with EnStream, a joint venture of Bell, Rogers and TELUS - Canada's trusted mobile identity and network-data consortium - providing secure and authoritative access to real-time telco signals across the ecosystem. Leveraging SIM Swap Detection and the Silent Authentication API, these solutions utilize real-time mobile network data to verify identity and detect fraudulent practices - protecting consumers from account takeover attempts, without disrupting the user experience.

Vonage announced the availability of the Vonage API Power for Kiro, a new featured partner power in the AWS Kiro agentic Integrated Development Environment. The company said, "This integration marks the first CPaaS solution to be offered natively within the Kiro Power IDE, enabling millions of developers in the Amazon Web Services builder ecosystem to leverage Vonage's powerful Communications and Network APIs directly from within their development environment. A leading agentic coding service, Kiro helps developers build and deploy software using their LLMs of choice, and Kiro powers bring specific, contextual guidance from third-party tools directly into the development environment. The new Vonage API Power for Kiro underscores Vonage's focus as developer-first platform in the age of agentic AI, leveraging its existing MCP Servers - including the Vonage Documentation MCP Server and the Vonage API MCP Server - to provide developers with fast and accurate agentic access to Vonage's management and configuration APIs that power their communications APIs - video, voice, and messaging - and build against Vonage's network APIs for verification and authentication. What once took months or years to build and deploy is now made possible in as little as hours."

The major averages were mixed near noon, with the Dow on track for its fourth straight day of gains while the Nasdaq was in decline. Elon Musk's SpaceX continues to build on its massive post-IPO rally, overtaking Amazon and Microsoft to become the fourth-biggest company in the world in terms of market capitalization. Meanwhile, investors are beginning to shift attention from geopolitical headlines toward tomorrow's Federal Reserve decision and commentary from new Fed Chair Kevin Warsh.In commodity news, oil prices continue to drop, slipping below $80 per barrel. Markets have been encouraged by reports surrounding a preliminary U.S.-Iran agreement that could ease concerns over the Strait of Hormuz and reduce energy-related inflation pressure.Get caught up quickly on the top news and calls moving stocks with these five Top Five lists.1. STOCK NEWS:SpaceXwith Cursor in a deal valued at $60BYum! Brandsentered into agreements tofor $2.7B in the aggregateHuntsmanand Olinin an all-stock merger of equalsRobinhoodannounced aand will incur $10M of chargesGeneral Motorsis considering partnering with Lockheed Martinon weapons parts,2. WALL STREET CALLS:Exxon Mobilto Buy from Neutral at BofAWolfePalantirto Peer Perform after resuming coverageKilroy Realtyto Buy at BofA on AI-driven leasing momentumBTIGFannie Maeand Freddie Macon conservatorship release uncertaintyDomoto Hold from Buy at TD Cowen3. AROUND THE WEB:Nvidiaraised $25B in high-grade bonds, up from a $20B target, amid strong $85B investor demand, marking its first debt issuance since 2021 and reflecting intense appetite for AI-linked credit as proceeds are expected to be used for refinancing and other corporate purposes, Bloomberg saysDozens of hotel owners are pressuring Marriottto share more revenue from its Bonvoy loyalty program, which is expected to generate nearly $1B in fee revenue this year, WSJ saysBlackRockwill be eliminating 1% of its workforce, or about 200 employees, Bloomberg reportsJPMorganChase is planning for its digital bank to operate in at least five European countries within the next five years, FT reportsJehoshaphat Research is short Gildan Activewear, saying the company "got addicted to a growth narrative, and like many addicts it has done unsavory things to feed its addiction."4. MOVERS:Open Lendinggains after announcing it will befor $3.15 per share in cashRackspaceincreases afterwith Rackspace Technology for the phased deployment of an initial 30 MW footprintLionsgate Studiosincreases in New York afterNetflixis interested in purchasing the companyEricssonlower after appointing Per Narvinger as CEO as Borje Ekholm has decided to step downBraskemfalls in New York afterthe company was named as a defendant in a criminal case over the ground subsidence in five neighborhoods of Maceio, a Brazilian state in Alagoas5. EARNINGS/GUIDANCE:Vince Holdingand provided guidance for Q2 and FY26Wiley, with EPS and revenue beating consensusDave & Buster's, with EPS missing consensusDomoRF Industries, with CEO Robert Dawson lauding the company "translating solid demand and disciplined execution into both revenue growth and meaningful margin expansion"INDEXES:Near midday, the Dow was up 0.80%, or 413.48, to 52,084.51, the Nasdaq was down 0.70%, or 185.82, to 26,498.12, and the S&P 500 was up 1.65%, or 122.83, to 7,554.29.