• AbbVie is said to be close to acquiring Cerevel at USD 45 per share, a price tag of $8.7 billion.
    Bain Capital is now the sole bidder for SoftwareOne.
  • Repsol and Eni in advanced talks to renew oil contracts in Venezuela
  • McDonald's launched a new chain, CosMc's, in the USA.
  • Apple will launch new iPads and a MacBook Air M3 to combat declining sales.
  • JD Sports' Dutch subsidiary, "Sports Unlimited" (54 stores, 1,100 employees), was declared bankrupt.
  • Muddy Waters declared itself a short seller of Blackstone Mortgage Trust.
    A financing round values SpaceX at $175 billion.
  • Alphabet's stock soared following the presentation of Gemini, its most advanced artificial intelligence (AI) model.
  • AMD announced on Wednesday that it estimates the market for its artificial intelligence (AI) processors in data centers at $45 billion this year, as the company launches a new generation of AI chips. Its shares gained 3.1% and Nvidia advances 0.3% in pre-market trading.
  • Robinhood Market - The trading platform announced on Thursday the launch of a commission-free cryptocurrency trading service for customers in the European Union. Shares advance 1.1% in pre-market trading.
  • Cerevel Therapeutics jumps 16.1% in premarket trading after Wednesday's announcement that it has been acquired by ABBVIE for $8.7 billion, as the latter seeks revenue substitutes for Humira, its arthritis treatment that faces competition from cheaper drugs.
  • Bristol-Myers Squibb gains 1.2% in pre-market trading, as the company announces an additional $3 billion share buyback plan.
  • Gamestop dropped 7.6% in premarket trading after the video-game distributor reported lower-than-expected quarterly sales amid slowing consumer spending and economic uncertainty.
  • JetBlue Airways gained 4.65% in premarket trading, as the airline raised its adjusted annual earnings per share forecast, saying it now expected a smaller net loss of $0.50 to $0.40 per share.
  • Meta Platform announced on Wednesday its intention to fully encrypt all calls and personal messages on Messenger and Facebook.
  • KKR & CO wants to raise up to $7 billion for its first global climate fund, which will invest in energy transition projects, according to a source with direct knowledge of the matter.
  • Chevron announced on Wednesday that it expects to spend between $15.5 and $16.5 billion on capital expenditure in 2024, and around $3 billion for its affiliated companies.
  • Dollar General climbed 2.9% in pre-market trading, as the low-cost retailer reported a smaller-than-expected decline in third-quarter sales.
  • Chargepoint Holdings is down 2.9% in premarket trading, as the group reported quarterly sales below analysts' estimates, while third-quarter net loss widened to $158.2 million.
  • Nikola plummets 14.5% in pre-market trading, as the electric vehicle manufacturer seeks to raise funds via convertible bonds.
  • C3.AI - The software company falls 10.7% in premarket trading after reporting quarterly sales below analysts' expectations.
  • Chewy - The pet products distributor plunges 10% in premarket trading after lowering its annual sales forecast and appointing David Reeder as CFO.