North America:

  • MicroStrategy and Robinhood Markets are soaring, buoyed by Bitcoin's historic surge past $100,000.
  • Cybersecurity firm SentinelOne has tumbled 15% after reporting a larger-than-expected loss for Q3 due to rising operating expenses.
  • PVH Corp., the parent of Tommy Hilfiger and Calvin Klein, is down 8.3% after disappointing Q3 results and a lowered full-year profit forecast.
  • American Eagle Outfitters has dropped 15% following underwhelming Q3 sales and a bleak outlook for the current quarter.
  • Retailer Five Below has jumped 14% after raising its annual sales forecast, citing strong Black Friday weekend results.
  • Southwest Airlines is up after boosting its Q4 outlook, thanks to robust customer demand and efficiency measures.
  • Walt Disney announced a 33% increase in its annual dividend to $1 per share, offering a yield of nearly 0.9%.
  • Meta Platforms is expanding its green energy initiatives through contracts with Invenergy for solar projects and investing $10 billion in a Louisiana data center, while also resolving a data-sharing investigation in Turkey and experiencing insider share sales, including by Mark Zuckerberg, amidst a broader rise in tech stocks.
  • Synopsys shares dropped significantly after the company reported strong fourth-quarter earnings and revenue that surpassed estimates, but provided a disappointing revenue outlook for fiscal 2025 and the first quarter, leading to a decline in its stock price.
  • UnitedHealth Group's CEO Brian Thompson was fatally shot in a possible targeted attack outside an investor conference in Manhattan, New York.
  • EQB reported a Q4 adjusted diluted EPS of $2.51 and adjusted net income of $101.4 million, despite negative impacts from credit provisions in its equipment financing portfolio, and announced a dividend increase.
  • Eli Lilly's weight-loss drug Zepbound outperformrf Novo Nordisk's Wegovy in a clinical trial and UK's NICE recommending Eli Lilly's obesity drug Mounjaro for state health system coverage.
  • Microsoft and its backed company OpenAI are collaborating with Anduril Industries to enhance AI for US national security, while Microsoft also faces a Federal Trade Commission investigation for possible antitrust violations and seeks a probe into the FTC's disclosure practices.

Europe and Asia:

  • The UK Competition and Markets Authority has conditionally approved the merger between Vodafone and Three, requiring investments in 5G and implementing tariff caps to address initial concerns about potential price increases.
  • Safran, a French aerospace supplier, has announced new financial goals for 2024 to 2028, targeting annual high-single-digit sales growth and a recurring operating profit of 6 to 6.5 billion euros by 2028, despite concerns over political uncertainty affecting defense budgets and a recent drop in stock price due to disappointing profit forecasts.
  • EQT, a Swedish private equity firm, has invested over $6 billion in India in the past 18 months, surpassing its $5 billion target, and has launched a new energy transition fund, acquiring Germany-based Ju:niz Energy as part of its strategy to invest in infrastructure assets supporting the clean energy transition.
  • Frasers Group has lowered its profit forecast citing reduced consumer confidence following a UK budget that increased business costs, amidst broader market uncertainties including a struggling London stock market, a political crisis in France, and significant movements in Bitcoin and US stocks.
  • GSK has revised and extended its agreement with Zhifei Biological Products to commercialize the shingles vaccine Shingrix in China until 2034, while also collaborating with Rgenta Therapeutics on developing new small molecule splice modulators for various diseases, including oncology.
  • DS Smith experienced a significant drop in first-half profit due to weak demand and higher input costs, yet maintained a positive growth outlook and increased its dividend, despite reporting lower overall revenue and earnings for H1 FY2023/24.
  • Shell and Equinor are merging their UK North Sea assets into a joint venture to form the region's largest independent oil and gas producer, while Shell is also reducing its offshore wind investments and restructuring its power division to increase profitability.
  • Airbus is reducing its workforce by approximately 2,000 jobs in its Defense and Space division as part of cost-cutting measures, which is fewer than initially anticipated.
  • IONOS Group SE Warburg Pincus has continued to decrease its ownership in Ionos by selling 16.9 million shares at 21.85 euros each, totaling 229 million euros, leading to a drop in Ionos stock price.
  • Volkswagen AG Schleswig-Holstein plans to incur additional debt due to Northvolt's financial issues, while global companies face potential impacts from Trump's proposed tariffs, experts urge the
  • Apple plans to invest $1 billion in an Indonesian manufacturing facility, while Foxconn reports a 3.47% revenue growth and anticipates a strong Q4, although Apple faces challenges integrating Baidu's AI in China, affecting its phone sales there.
  • PDD Holdings Inc. Temu and Shein, Chinese online retailers, have suspended their operations in Vietnam due to late business registration and government concerns over deep discounting and potential counterfeit sales.
  • Rio Tinto to consolidate its dual-listed structure into a single Australian listing, while the company updates its Rincon lithium project's mineral resources in Argentina and anticipates an increase in capital expenditure to AU$11 billion by 2025.
  • HSBC's Hong Kong unit introduced an open banking feature on its app for viewing accounts from Bank of China Hong Kong and Hang Seng Bank, while HSBC Holdings repurchased approximately 3.4 million shares in the UK and Hong Kong under its share buyback initiative.
  • General Motors anticipates a financial impact exceeding $5 billion due to intense competition and restructuring expenses in its China operations.
  • Taiwan Semiconductor Manufacturing Company (TSMC) is negotiating with Nvidia to manufacture Blackwell AI chips at their Arizona facility.
  • Tencent has announced the launch of a text-to-video feature via its AI model and clarified that it is not dissolving its Honor of Kings: Breaking Dawn video game project, but making adjustments to it.