McCormick (MKC) offers to acquire Unilever’s (UL) $33B food division in all-stock deal, despite market cap gap. Talks confirmed by both companies.
Browsing: News
Amazon (AMZN) is developing ‘Transformer,’ an AI-powered smartphone that aims to eliminate app stores. Can it succeed where the Fire Phone failed?
ASML (ASML) stock falls 7% but TD Cowen sees strong upside with €1,500 target, citing growing EUV lithography demand from AI chip manufacturing.
Nvidia (NVDA) stock flat despite $1T revenue forecast and strong earnings. Hyperscaler spending doubts keep shares stuck in $180-$190 range.
XPeng (XPEV) stock climbs after reporting its first quarterly profit of ~$55M in Q4 2025, with revenue up 38% and gross margins expanding to 21.3%.
Visa (V), Mastercard (MA), and Amex (AXP) stocks fell up to 23%. Here’s how they’re fighting back with stablecoins and AI payment technology.
York Space Systems (YSS) stock climbed after beating Q4 estimates with $386M in 2025 revenue, up 52%. Company guides $545M-$595M for 2026.
Planet Labs (PL) stock surged 22% after hours on Q4 revenue beat of $86.8M and FY2027 guidance of $415M-$440M that topped analyst expectations significantly.
Firefly Aerospace (FLY) stock jumped 6.5% after Q4 revenue of $57.67M topped estimates. Company guides 2026 revenue to $420M-$450M range.
Gold posts worst weekly drop since 2020, falling 8% as central banks signal no rate cuts. Silver plunges nearly 10% despite ongoing Middle East tensions.
FedEx (FDX) shares jumped 9% after reporting Q3 EPS of $5.25, beating estimates of $4.09, and raising its full-year guidance for fiscal 2026.
Goldman Sachs recommends 8 top oil stocks as Brent crude surges 56% to $106. ConocoPhillips, Chevron, Valero, and Marathon lead the picks amid supply disruptions.
OpenAI unveils a unified desktop superapp combining ChatGPT, Codex, and browser tools to streamline products and compete with Anthropic for business clients.
Gibraltar’s 2025 Gambling Bill advances through parliament, introducing expanded licensing and enforcement as UK Remote Gaming Duty reaches 40%.
Tesla (TSLA) in talks for $2.9B Chinese solar equipment deal. Musk aims for 100 GW U.S. solar capacity by 2028 to power factories and operations.