•California's Secretary of State officially announced that the Billionaire Tax Act qualified for the November ballot after exceeding the required signature threshold.
•The initiative aims to impose a one-time 5% wealth tax on billionaires' assets to generate $100 billion in revenue.
•Waters Corp generates revenue from high-performance liquid chromatography and mass spectrometry systems with strong demand from pharma and life sciences.
•HSBC raised its price target for the company following solid Q1 2026 earnings results.
•G7 leaders launched a strategic alliance at the Evian summit in France to reduce reliance on China for processing critical minerals and rare earth elements.
