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Forum Markets buys $12M aircraft engine, expanding leased engine portfolio to four with a fifth pending.

Company Fundamentals
16 Jul 2026
PRNewsWire
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Bullish
pluang ai news

Forum Markets has acquired a commercial aircraft engine for about $12 million, increasing its aviation portfolio to four engines leased to major U.S. airlines. The engine, a widely used CFM56-7B model, is already generating revenue under a long-term lease with fixed monthly payments and usage fees, expected to yield double-digit annual returns. The company plans to close on a fifth engine soon, further boosting its income and portfolio scale. Forum aims to eventually pool these assets and offer investors access through structured or tokenized securities, aligning with its strategy to expand access to cash-flowing real-world assets.

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Christopher Derrick's film Moral Dirt premieres at LA Shorts Festival, exploring moral dilemmas after violence.

Christopher Derrick's film Moral Dirt premieres at LA Shorts Festival, exploring moral dilemmas after violence.

Christopher Derrick, known for writing on Star Trek: Picard and The Equalizer, premieres his first film as sole writer-director, Moral Dirt, at the Academy Award® Qualifying LA Shorts International Film Festival on August 3, 2026. The 15-minute psych...

Others
Neutral
16 minutes ago
Arcutis appoints Chris Peetz to its Board to boost growth and expand its dermatology pipeline.

Arcutis appoints Chris Peetz to its Board to boost growth and expand its dermatology pipeline.

Arcutis Biotherapeutics has appointed Chris Peetz to its Board of Directors as of July 15, 2026. Peetz brings extensive experience leading biopharmaceutical companies through growth phases, product development, and strategic acquisitions. His additio...

Company Fundamentals
Bullish
16 minutes ago
Purecore signs LOI to option 100% of Yurchison uranium property in Canada's Athabasca Basin

Purecore signs LOI to option 100% of Yurchison uranium property in Canada's Athabasca Basin

Purecore Metals Inc. has signed a non-binding letter of intent with Skyharbour Resources to acquire an option to earn up to 100% interest in the Yurchison uranium property in Saskatchewan's Athabasca Basin. The property covers over 35,000 hectares an...

Company Fundamentals
Bullish
1 hour ago
Shirofune launches Walmart Connect to automate and unify retail media campaign management.

Shirofune launches Walmart Connect to automate and unify retail media campaign management.

Shirofune has introduced Walmart Connect, an integration that allows advertisers and agencies to manage Walmart retail media campaigns alongside other digital channels within a single platform. This automation reduces manual bid adjustments and repor...

Market News
Bullish
1 hour ago
Point closes $508.6M HEI securitization, largest ever in home equity investment class

Point closes $508.6M HEI securitization, largest ever in home equity investment class

Point completed a $508.6 million rated asset-backed securitization of its Home Equity Investment (HEI) assets, marking the largest transaction ever in the HEI asset class. The deal attracted over 30 institutional investors and priced at significantly...

Company Fundamentals
Bullish
1 hour ago
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