US:

  • Nvidia's Q4 earnings report indicates a rise in revenue and net income, yet concerns over Blackwell AI chip overheating and release delays have negatively impacted its stock and contributed to mixed sentiments in the US equity market.
  • Alibaba Group Holding has been upgraded to an A+ rating by Fitch and S&P Global Ratings, plans to raise $5 billion through a multi-tranche bond offering in USD and RMB for general corporate purposes, following a 58% YoY increase in net income for the quarter ended Sept. 30.
  • Tesla, Inc. Tesla shares surged nearly 7% in pre-market trading following reports of upcoming federal regulations for autonomous vehicles by President-elect Trump's team, amidst a broader slowdown in the US stock market due to inflation concerns and policy uncertainties, and declines in shares of Leidos, Booz Allen, and Science Applications due to Trump's proposed efficiency measures.
  • Apple Inc. Foxconn has eliminated marital status and age requirements from its job advertisements for iPhone assembly workers in India, while Pegatron, another Apple partner, has agreed to sell a majority stake in its sole iPhone plant in India to Tata Electronics.
  • Brady Corporation reported a rise in fiscal Q1 adjusted earnings to $1.12 per share and net sales of $377.1M, surpassing Street estimates.
  • Twist Bioscience reported a narrower Q4 loss than expected, accompanied by higher revenue, leading to a 13% surge in its shares.
  • Spirit Airlines has filed for Chapter 11 bankruptcy restructuring, securing $350 million in equity investments and $300 million in financing due to debt issues and competitive pressures.
  • Ford Motor Company The US National Highway Traffic Safety Administration (NHTSA) is investigating Ford Motor over complaints that the seat belt retractor pretensioners in approximately 112,567 Ford Expedition SUVs from model years 2019-2020 may deploy inadvertently.
  • Eli Lilly's tirzepatide trial results indicate a significant reduction in heart failure risk, while their obesity drugs, along with Novo Nordisk's, receive substantial coverage from Medicaid, according to analysts.
  • CVS Health has appointed four new board members after negotiations with Glenview Capital.T-Mobile US victim of massive network hacking by China, according to WSJ
  • Palantir on top after announcing plans to transfer to Nasdaq to claim Nasdaq 100.
  • Warner Bros. Discovery and NBA settle broadcast rights dispute, WSJ reports.
  • Donald Trump may appoint Marc Rowan ofApollo Global Management to head US Treasury.
  • Medical services provider CareMax files for Chapter 11 bankruptcy protection.
  • Eyenovia terminates eye drug study and cuts 50% of its workforce.
    Trump Media 's main shareholder sells almost its entire stake.

Europe and Asia:

  • Meyer Burger dropped by its biggest customer, is close to bankruptcy.
  • Intrum files for bankruptcy in the US to restructure a $4.5 billion debt.
  • Prysmian considers dual listing on Wall Street.
  • Enel increases its dividend and targets earnings of 6.7 to 6.9 billion euros in 2025. The group will invest $45 billion between now and 2027.
  • Melrose sales up 7% thanks to demand for after-sales services.
  • EU recommends approval of AstraZeneca's lung cancer treatment.
  • Fitch Ratings confirmed Leonardo's BBB- long-term credit rating and raised its outlook to “positive”.
  • ThyssenKrupp plans to float its TKMS shipyard on the stock exchange.
  • Avolta wins a concession at Shenzhen International Airport.
  • Segro's takeover bid for Tritax Eurobox lapses.
  • Finnish biofuel producer Neste supplies its renewable feedstock, Neste RE, to Singapore-based chemicals company PCS.
  • The owners of Cineworld plan to float their cinema chain on the US stock exchange, according to Sky.
  • Peach Property disposes of part of its property portfolio.
  • Vestas wins a 50-megawatt order in South Korea.
  • Atlas Copco acquires German company.
  • Samsung shares jump 6.4% after announcement of $7 billion share buyback plan.