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BP Sees Berenberg Raise Target to 715p on Balance-Sheet Progress
Berenberg Bank raised its price target on BP PLC from GBX 650 to GBX 715 and maintained its buy rating. The bank cited BP’s progress in strengthening its...
Autodesk Adds NVIDIA AI to Predict Vehicle Performance During Design
Autodesk is integrating NVIDIA technologies to give automotive designers predictive engineering insights early in the vehicle design process. The collaboration...
Rockwell Automation Surges 7% After Activist Ackman Takes 8.5% Stake
Pershing Square, the activist hedge fund led by Bill Ackman, disclosed an 8.5% stake in industrial conglomerate Rockwell Automation Inc. in a 13F filing on...
Semtech Spurs B. Riley's Target Hike to $210 on Data Center Growth
B. Riley reiterated its Buy rating on Semtech Corp. and raised its price target to $210.00. The analyst action followed a pullback in Semtech shares after the...
SK Hynix Completes ₩40 Trillion Buyback as Shares Surge
SK Hynix completed its ₩40 trillion share buyback about a month ahead of schedule. It acquired and retired 24.07 million shares. The program was the largest of...
Snap Taps Robert Downey Jr. to Build SPECS AR Experiences
Snap Inc. has partnered with actor Robert Downey Jr. to help create and promote experiences for its SPECS augmented reality glasses. As honorary Chief Customer...
Novo Nordisk reports nearly 25% weight loss for women taking CagriSema
Novo Nordisk reported positive results from a post-hoc analysis of a Phase 3 trial of CagriSema, its next-generation obesity drug. The analysis included 2,309...
Circle Partners With E-Commerce Platform to Enable USDC Payments
Circle Internet Group, Inc. announced a strategic partnership with a leading e-commerce platform, enabling millions of merchants to accept USDC payments...
Roche reports 55% lower relapse rate with fenebrutinib
Roche reported new Phase III data showing that its investigational multiple sclerosis (MS) drug fenebrutinib reduced markers of chronic brain...
SK Hynix Upgrades Dalian Plant for 240-Layer NAND Amid YMTC Competition
SK Hynix is upgrading its Dalian plant in China to produce 240-layer NAND flash memory chips, up from its current 192-layer technology. The move is intended to...
Microsoft Brings Copilot to More Than 330,000 Volkswagen Employees
Microsoft announced that Volkswagen Group is deploying its Copilot AI assistant to more than 330,000 employees. The rollout is intended to boost productivity,...
🔴 Top Wealth Group Holding is trading 27% down in pre-market with no confirmed catalyst
Top Wealth Group Holding is trading at $0.05, down 26.96% in pre-market, with no new company-specific announcement identified to explain the decline. - The...
Samsung Plans 286-Layer China NAND Upgrade as Shares Jump 5.6%
Samsung Electronics plans to upgrade its Xian facility in China to produce 286-layer V9 NAND chips. [1, 5, 9] The project aims to help the company compete with...
Samsung Forms Core Team to Reclaim Chip Lead as Shares Jump 5.67%
Samsung Electronics is establishing a Core Team within its Semiconductor Research Center as part of an overhaul of its semiconductor research and development...
Rio Tinto Reaches Verbal Annual Iron Ore Deal with China’s State Buyer
Rio Tinto has reached a verbal agreement on a new annual iron ore supply contract with China Mineral Resources Group (CMRG), the state-owned entity...
🔴 TCAI is trading 2.68% down in pre-market amid declines in Nasdaq and S&P 500
TCAI is trading 2.68% down at $40.00 in pre-market, with broader market weakness the clearest available context for the decline. - The Nasdaq Composite is...
Eli Lilly Reports Retatrutide Reduced Sleep Apnea Breathing Interruptions
Eli Lilly reported positive results from two Phase 3 sub-studies suggesting its next-generation obesity drug, retatrutide, may help treat obstructive sleep...
Amazon Plans Record 300,000 Holiday Hires at $20 an Hour
Amazon plans to hire more than 300,000 seasonal workers across the United States for the upcoming holiday season. That is up from the 250,000 workers it hired...
NVIDIA Expands AI Supply Chain, Boosting Amkor Packaging by Over 300%
At its GTC conference in Berlin, NVIDIA announced plans to expand its global manufacturing capacity with key supply chain partners. The company plans to...
TotalEnergies Retains Approval for Up to Five Wells off South Africa
South Africa’s environment minister has dismissed appeals from environmental groups, upholding TotalEnergies’ environmental authorization to explore offshore...