12 Press Releases You Need to See This Week

Rhea-AI Summary

The latest PR Newswire recap highlights 12 notable releases, spanning corporate actions, economic data, and product launches. Garmin announced acquisitions of TrainingPeaks and TrainHeroic, Lockheed Martin unveiled its MORFIUS X-Rotor counter‑drone system, and Jersey Mike's detailed IPO plans with an expected price range of $21–$25 per share for NYSE ticker JMKE. Sony Electronics introduced its FX5 cinema camera, while Lilly reported that triple agonist retatrutide met primary endpoints in two Phase 3 obesity trials.

Other items include a skilled‑trades alliance by BlackRock, Carhartt, Ford and Google; a BTQ–TIDAL PWR quantum data center collaboration; a June decline in The Conference Board US LEI alongside an updated 1.9% 2026 GDP growth forecast; Burger King’s guest‑feedback initiatives; BOXABL beginning Nasdaq trading under ticker BXBL; new Kansas City Chiefs stadium renderings with an estimated $3 billion cost and about 70,000 capacity; and Robinhood’s new Platinum Card with complimentary Function memberships.

Positive

• BOXABL begins trading on Nasdaq under ticker BXBL
• Jersey Mike's IPO expected price range $21–$25 per share for NYSE ticker JMKE
• Lilly retatrutide met primary endpoints in two Phase 3 obesity trials
• Garmin to expand ecosystem via acquisitions of TrainingPeaks and TrainHeroic
• The Conference Board raises 2026 US GDP growth forecast to 1.9%
• Kansas City Chiefs plan new stadium budgeted at about $3 billion and ~70,000 capacity

Negative

• US Leading Economic Index declined in June, partially reversing prior two months’ gains

News Market Reaction – BXBL

-9.07%

25 alerts

-9.07% Session close to close

+15.6% Peak Tracked

-11.5% Trough Tracked

$2.15B Market Cap

0.5x Rel. Volume

In the Jul 24 session, BXBL declined 9.07%, reflecting a notable negative market reaction. Argus tracked a peak move of +15.6% during that session. Argus tracked a trough of -11.5% from its starting point during tracking. Our momentum scanner triggered 25 alerts that day, indicating elevated trading interest and price volatility.

Data tracked by StockTitan Argus on the day of publication.

Market Context

The platform reported no recent insider transactions for BXBL, adding no insider signal to the round...

Analysis

The platform reported no recent insider transactions for BXBL, adding no insider signal to the roundup. The Casita description highlighted a 361-square-foot unit and under-an-hour deployment claim; execution and demand remained key considerations.

Key Figures

IPO price range: $21.00-$25.00 per share Unfilled skilled-trade positions: 2.1 million positions GDP growth forecast: 1.8% to 1.9% y/y +5 more

8 metrics

IPO price range $21.00-$25.00 per share Jersey Mike's initial public offering

Unfilled skilled-trade positions 2.1 million positions Could go unfilled by 2030

GDP growth forecast 1.8% to 1.9% y/y Conference Board 2026 forecast

Stadium cost $3 billion Kansas City Chiefs stadium

Stadium capacity Approximately 70,000 Kansas City Chiefs stadium

Function membership value $365 Complimentary Robinhood Platinum Card benefit

Casita size 361 square feet BOXABL flagship studio unit

On-site deployment time Under an hour BOXABL Casita

Key Terms

initial public offering, phase 3, a1c, etfe

4 terms

initial public offering financial

"Jersey Mike's Announces Launch of Initial Public Offering"

An initial public offering (IPO) is when a private company first sells its shares to the public and becomes a stock-listed company. It matters because it allows the company to raise money from a wide range of investors, helping it grow, while giving early shareholders a way to sell some of their ownership.

phase 3 medical

"successful in two additional Phase 3 obesity trials"

Phase 3 is the late-stage clinical testing step for a new drug or medical treatment, where the product is given to large groups of patients to confirm effectiveness, monitor side effects, and compare it to standard care. Successful Phase 3 results are often the final scientific hurdle before regulators decide on approval and market launch—like passing a final exam before graduation—and can sharply change a company's valuation and future revenue prospects.

a1c medical

"delivering significant improvements in weight and A1C"

A1C is a blood test that reports average blood sugar over about three months by measuring how much glucose sticks to hemoglobin, a protein in red blood cells. For investors, A1C acts like a long-term scorecard for diabetes treatments, devices and diagnostics: meaningful changes in A1C in clinical studies can affect regulatory approval, insurance coverage and commercial prospects, and thus influence a company's market value.

etfe technical

"fully enclosed with a translucent ETFE roof"

A fluoropolymer plastic used as a lightweight, strong, and weather-resistant cladding and film in buildings, industrial components, and some specialty products. Think of it as a very tough, sunproof plastic wrap that keeps weather out while letting light through; its properties affect construction costs, maintenance, product lifetimes, and supplier margins, so demand and price for ETFE can influence revenues and capital spending for manufacturers and builders.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Including Garmin's latest acquisition, a new drone-killer from Lockheed Martin and the
debut of Sony Electronics' new FX5 cinema line camera.

NEW YORK, July 24, 2026 /PRNewswire/ -- With thousands of press releases published each week, it can be difficult to keep up with everything on PR Newswire. To help journalists and consumers stay on top of the week's most newsworthy and popular releases, here's a recap of some major stories from the week that shouldn't be missed.

The list below includes the headline (with a link to the full text) and an excerpt from each story. Click on the press release headlines to access accompanying multimedia assets that are available for download.

1. Garmin acquires TrainingPeaks and TrainHeroic, leading endurance and strength training platforms for athletes and coaches
   The addition of these highly successful platforms to the Garmin ecosystem will expand access to more authentic coaching experiences—connecting athletes with professional coaches who guide, motivate and inspire them to reach their goals," said Brad Trenkle, Garmin Co-Chief Operating Officer.
2. Lockheed Martin Unveils MORFIUS™ X-Rotor: The New Drone‑Killer Set to Power America's Fight Against Swarms
   Designed for field recovery and reuse, MORFIUS keeps a significantly low cost per kill, protecting defense budgets while maintaining relentless firepower. MORFIUS is sensor and command and control agnostic. Unlike other airborne counter-drone systems, MORFIUS does not require a unique sensor to command-guide to an engagement.
3. Jersey Mike's Announces Launch of Initial Public Offering
   The IPO price is currently expected to be between $21.00 and $25.00 per share. Jersey Mike's expects to list its Class A common stock on the New York Stock Exchange under the ticker symbol "JMKE."
4. Sony Electronics Launches the FX5, a Cinema Line Camera with a Newly Developed Image Sensor, Open Gate Recording, Internal RAW Recording, and Enhanced Operability
   Gareth Edwards, director of "The Creator," "Rogue One: A Star Wars Story," and "Jurassic World: Rebirth," shot with the FX5 on a project spanning Cambodia, Thailand, and Nepal. "Guerrilla filmmaking just went to the next level as the FX5 is the run-and-gun cinema camera to beat," he said.
5. Lilly's triple agonist, retatrutide, successful in two additional Phase 3 obesity trials, delivering significant improvements in weight and A1C
   In both studies, retatrutide met the primary endpoint, delivering substantial weight loss in adults with obesity and some of its most serious complications: type 2 diabetes and established cardiovascular disease.
6. BlackRock, Carhartt, Ford and Google Launch New Alliance to Expand Skilled Workforce Training
   An estimated 2.1 million skilled trades positions could go unfilled by 2030, including for electrical workers, technicians, and builders. These open roles are vital to supporting critical industries – including infrastructure, energy, and manufacturing – and they offer workers the chance to benefit from the higher wages and greater economic mobility that skilled jobs provide.
7. BTQ Technologies Announces Strategic Collaboration with TIDAL PWR to Advance Trusted Quantum Data Center Architecture
   BTQ and TIDAL PWR plan to develop a repeatable architecture for quantum-enabled data centers, trusted supply chains, procurement standards, and secure deployment models for large-scale AI and advanced computing infrastructure.
8. The Conference Board Leading Economic Index® (LEI) for the US Declined in June and Partially Reversed Gains from Prior Two Months
   "Consumer spending is weakening, but strong business investment related to AI is expected to support economic activity while inflation continues to improve. The Conference Board raised its forecast from 1.8% to 1.9% y/y GDP growth for 2026," said Justyna Zabinska-La Monica, Senior Manager, Business Cycle Indicators, at The Conference Board.
9. Burger King Continues Turning Guest Feedback into Action with the "Your Way Champion" and Whopper Guarantee
   Tom Curtis, President of Burger King US&C, said, "We're not going to get everything right every single time, but we're committed to listening intently and improving every day. When Guests choose us, they expect high-quality food, orders made the way they asked, and a team that's there when they need us. That's what these changes are about."
10. BOXABL Inc. Begins Trading on Nasdaq Under Ticker Symbol "BXBL"
    BOXABL aims to disrupt the traditional housing construction industry by delivering affordable, high-quality homes at an accelerated pace. Its flagship product, the 361-square-foot Casita, is a studio unit complete with a full kitchen, bathroom, and utilities, designed to unfold on-site in under an hour. 
11. A Legacy Reimagined: Kansas City Chiefs Release Renderings for New Stadium Set to Open In 2031
    The $3 billion state-of-the-art stadium will be fully enclosed with a translucent ETFE roof and is expected to have a total capacity of approximately 70,000. The team, along with MANICA, has worked to incorporate – and improve – many of the club's and fanbase's beloved traditions. 
12. Robinhood launches new Platinum Card with Function as a Core Benefit as Americans Rethink How They Invest in Their Future
    Eligible Platinum Card cardholders can receive a complimentary annual Function membership, a $365 value, including access to more than 160 lab tests, testing twice per year, clinician-reviewed results, and a single platform that brings it all together.

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Can't Miss Earnings

A new season of earnings releases continued this week. Quarterly financial results from Domino's, Harley-Davidson, AT&T and Lockheed Martin were among the reports to cross the wire this week.

Catch up on all the latest earnings releases.

Helping Journalists Stay Up to Date on Industry News

These are just a few of the recent press releases that consumers and the media should know about. To be notified of releases relevant to their coverage area, journalists can set up a custom newsfeed with PR Newswire for Journalists.

Once they're signed up, reporters, bloggers, and freelancers have access to the following free features:

• Customization: Users can create customized newsfeeds that will deliver relevant news right to their inbox. Newsfeed results can be targeted by keywords, industry, subject, geography, and more.
• Photos and Videos: Thousands of multimedia assets are available to download and include in a journalist or blogger's next story.
• Subject Matter Experts: Journalists will have access to ProfNet, a database of industry experts to connect with as sources or for quotes in their articles.
• Related Resources: Our journalist- and blogger-focused blog, Beyond Bylines, features regular media news roundups, writing tips, upcoming events, and more.

About PR Newswire

PR Newswire is the industry's leading press release distribution partner with an unparalleled global reach of more than 500,000 newsrooms, websites, direct feeds, journalists and influencers and is available in more than 170 countries and 40 languages. From our innovative AI-powered PR Newswire Amplify™ platform, award-winning Content Services offerings, integrated media newsroom and microsite products, Investor Relations suite of services, paid placement and social sharing tools, PR Newswire has a comprehensive Multichannel Amplification™ catalogue of solutions to solve the modern-day challenges PR and communications teams face. For more than 70 years, PR Newswire has been the preferred destination worldwide for brands to share their most important news stories.

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FAQ

What did BOXABL announce about its Nasdaq listing under ticker BXBL on July 24, 2026?

BOXABL announced it has begun trading on Nasdaq under the ticker symbol BXBL. According to BOXABL, the company aims to disrupt traditional housing by delivering affordable, high‑quality Casita units that unfold on‑site in under an hour with full utilities.

What is the expected IPO price range and ticker symbol JMKE for Jersey Mike's?

Jersey Mike's expects its IPO price to be between $21.00 and $25.00 per share. According to the company, its Class A common stock is expected to list on the New York Stock Exchange under the ticker symbol "JMKE" after the offering.

What Phase 3 obesity trial results did Lilly report for retatrutide in July 2026?

Lilly reported that triple agonist retatrutide met primary endpoints in two Phase 3 obesity studies. According to Lilly, retatrutide delivered substantial weight loss and improved A1C in adults with obesity and serious complications, including type 2 diabetes and established cardiovascular disease.

How did The Conference Board describe the US Leading Economic Index and 2026 GDP outlook?

The Conference Board said the US Leading Economic Index declined in June, partly reversing recent gains. According to The Conference Board, consumer spending is weakening, but AI‑related business investment supports activity, and its 2026 US GDP growth forecast was raised from 1.8% to 1.9%.

What are the key details of the Kansas City Chiefs’ planned new stadium announced in 2026?

The Kansas City Chiefs released renderings for a new stadium targeted to open in 2031. According to the team, the fully enclosed venue is budgeted at about $3 billion, will feature a translucent ETFE roof, and is expected to seat approximately 70,000 fans.

What did Garmin announce about TrainingPeaks and TrainHeroic in the PR Newswire recap?

Garmin announced the acquisition of TrainingPeaks and TrainHeroic, described as leading training platforms. According to Garmin, adding these platforms expands its ecosystem and connects athletes with professional coaches for more authentic, motivating endurance and strength training experiences within Garmin’s coaching environment.

What benefits does Robinhood’s new Platinum Card offer as highlighted in July 2026?

Robinhood introduced a Platinum Card that includes complimentary annual Function membership as a core benefit. According to Robinhood, eligible cardholders receive a $365‑value package with access to over 160 lab tests, twice‑yearly testing, clinician‑reviewed results, and a unified digital health platform.