Applied Digital Stock Rises on AI Cloud Spinoff Plan and ChronoScale Launch 
Nike Stock Rises After CEO Elliott Hill Buys $1 Million in Shares 
Neuralink Plans Automated Brain Implant Surgeries and Mass Production by 2026 
Lockheed Martin Secures Nearly $500 Million in U.S. and Allied Defense Contracts 
Boeing Secures Major $2.7 Billion U.S. Military Contract for Apache Helicopter Support 
ByteDance Plans Massive AI Chip Spending Boost as Nvidia Demand Grows in China 
Elon Musk’s xAI Expands Supercomputer Infrastructure With Third Data Center to Boost AI Training Power 
Citigroup to Exit Russia With Sale of AO Citibank to Renaissance Capital 
L&F Tesla Battery Supply Deal Value Drops Sharply Amid EV Market Slowdown 
Anghami Stock Soars After Strong H1 2025 Results, Revenue Nearly Doubles on OSN+ Integration 
Royalty Pharma Stock Rises After Acquiring Full Evrysdi Royalty Rights from PTC Therapeutics 
Vietnam’s EV Taxi Giant GSM Eyes Hong Kong IPO With $2–3 Billion Valuation 
Novo Nordisk and Eli Lilly Cut Obesity Drug Prices in China, Boosting Access to Wegovy and Mounjaro 
Lloyds Banking Group to Close Invoice Factoring Business by End of 2025 
Lockheed Martin Secures $328.5 Million U.S. Defense Contract for Advanced Systems Supporting Taiwan Air Force 
Vanda Pharmaceuticals Wins FDA Approval for New Motion Sickness Drug After Four Decades 
Meta Acquires AI Startup Manus to Expand Advanced AI Capabilities Across Platforms 
NEW YORK, March 07, 2017 -- Guggenheim Securities, the investment banking and capital markets division of Guggenheim Partners, announced today that Jon Huerta will join the firm as a Senior Managing Director in the Industrials investment banking group. Mr. Huerta will focus on the aerospace, defense, and government services sectors and commence work at Guggenheim in March.
“We are pleased to welcome Jon to Guggenheim,” said Mark Van Lith, Co-CEO and Head of Investment Banking at Guggenheim Securities. “Jon leads with ideas, in particular with respect to technology-induced changes across the aerospace, defense, and government services sectors. Jon is a trusted advisor to his clients and is dedicated to creating long-term relationships. His presence will have an immediate impact on our industrials franchise.”
Mr. Huerta joins Guggenheim from RBC Capital Markets, where he most recently served as a Managing Director and Head of the Aerospace, Defense, and Government Services investment banking group. Prior to joining RBC, Mr. Huerta spent nine years covering the aerospace and defense sectors at Bank of America and Bear Stearns.
Mr. Huerta received his BA from Colby College and his MBA from the Stern School of Business. He will be based in Guggenheim’s New York office.
About Guggenheim Partners
Guggenheim Partners is a global investment and advisory firm with more than $260 billion1 in assets under management. Across our three primary businesses of investment management, investment banking, and insurance services, we have a track record of delivering results through innovative solutions. With more than 2,300 professionals based in more than 25 offices around the world, our commitment is to advance the strategic interests of our clients and to deliver long-term results with excellence and integrity. We invite you to learn more about our expertise and values by visiting GuggenheimPartners.com and following us on Twitter at twitter.com/guggenheimptnrs.
1 Assets under management as of 12/31/2016 and include consulting services for clients whose assets are valued at approximately $63 billion.
Media Contact Ellen Cunningham Guggenheim Partners 212.518.9578 [email protected]
