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Sun Pharma agreed to buy $OGN for $14 a share, putting a hard number on what public markets thought of the business. The spread says investors believe the deal is real — but not quite risk-free.
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Boliden does not hedge oil prices and given its use of other energy sources, the Swedish miner is in a less bad position than many rivals, CEO Mikael Staffas told Reuters on Tuesday.
Big Tech has spent hundreds of billions of dollars over three years to power the artificial intelligence boom. But investors still want one answer: will all this pay off?
The rerouting of China's hi-tech electronics and computer equipment will materially erode margins for U.K. and European companies, even if they erect trade barriers themselves.
Fed officials are set to hold rates steady this week. The harder question is whether to signal that cuts have been derailed, or just delayed.
Huge AI models are overwhelming servers and leaving high-powered chips idle. Google and Meta veterans say they have the solution.
The yield on the 10-year U.S. Treasury note — the key benchmark for U.S. government borrowing — rose more than 2 basis points at 4.356%.
U.S. midstream firms and AI infrastructure firms are positioned for long-term benefit given secular compute demand. Oil's inflection point is estimated around $100/barrel, with a worst-case scenario modeled at $140 and a safety premium on U.S. fuels likely.
Nicolai Tangen, chief executive officer of Norges Bank Investment Management, discusses artificial intelligence, the speed of innovation in China and why he thinks real estate is attractive now. Speaking to Bloomberg's Francine Lacqua at NBIM's annual investment conference in Oslo, Tangen also says he sees signs of worry in private markets and that there is a "surprising" lack of market dislocation.
The U.S. National Highway Traffic Safety Administration (NHTSA) has upgraded its probe into Jaguar Land Rover vehicles to an engineering analysis, the agency said on Tuesday, following reports that the front aluminum steering knuckles could fracture.
Trump expresses scepticism about Iranian proposal to reopen the Strait of Hormuz
Euro zone consumers sharply raised their inflation expectations and banks tightened access to credit in the wake of the Iran war, polls showed on Tuesday, illustrating the early impact of a surge in energy costs.
The winners in crypto payments may not be the most innovative, but the least disruptive. “You don't want to be there waiting for 20 seconds just for the payment conversion to go through,” Jess Houlgrave, CEO of WalletConnect, told PYMNTS.
Chinese Commerce Minister Wang Wentao said China and the European Union had "reached a soft landing" over the bloc's import tariffs on electric vehicles, during a meeting with the head of a German automakers industry group.
EXCLUSIVE: Survodutide shows potential to predominantly target visceral fat, its Chief Executive Shashank Deshpande said in an interview.
Trading points to jitters about the broad market, and optimism about most Big Tech earnings. How to play both those views.
The April market rebound needs more good news if it's going to have room to run.
Markets are volatile, global risks are rising, and Indian equities are lagging. So what should you do with 10 lakh rupees today?
Abu Dhabi National Oil Company is planning to invest tens of billions of dollars to build a natural gas business in the U.S., the Financial Times reported on Tuesday.
White House press secretary Karoline Leavitt discusses whether the WHCA Dinner shooting impacts future Trump events and the Inspector General report on the Federal Reserve innovations.
Renen Hallak, CEO of Vast Data, talks about the increasing deployment of AI in enterprises across different industries, and the role Vast Data plays in supporting the implementation of AI applications.
Erasca shares fell over 35% before the bell on Tuesday after the company disclosed a patient death in an early-stage trial of its experimental cancer drug, even though analysts said the incident was unlikely to signal a broader safety issue.
FORT SMITH, Ark.--(BUSINESS WIRE)--ArcBest® (Nasdaq: ARCB), a leader in supply chain logistics, announced financial results for the first quarter ended March 31, 2026. First quarter 2026 revenue totaled $998.8 million, compared to $967.1 million in the prior-year period. Net loss was $1.0 million, or a loss of $0.05 per diluted share, versus net income of $3.1 million, or $0.13 per diluted share, in the first quarter of 2025. On a non-GAAP basis, net income was $7.2 million, or $0.32 per dilute.
With a rent freeze looming for nearly one million stabilized households, a widening rent gap is turning residential mobility from a matter of preference into a financial impossibility AUSTIN, Texas, April 28, 2026 /PRNewswire/ -- New York City renters are facing a market defined by rising costs and shrinking options, as the median asking rent climbed to $3,616 in the first quarter of 2026, a 6.2% year-over-year increase, while the rent gap between what current tenants pay and what the market demands has surpassed $1,750 per month, according to the Q1 2026 NYC Rental Report from Realtor.com ® . The report underscores a city where switching apartments has become financially out of reach for most renters.
Smithfield Foods beat Wall Street estimates for first-quarter sales and profit on Tuesday and stuck to its annual forecasts, helped by steady demand for packaged meat products such as bacon, ham, sausages and hot dogs.
Flowserve's stock has more than doubled over the past 5-year period, thus outperforming the S&P 500. The current fiscal year is gearing up to be yet another strong period for the company, with margins anticipated to reach a new record high. Bolt-on acquisitions would continue to play a key role for growth as Flowserve's management remains disciplined.
Carnival Corporation & plc is initiated at a 'Buy' rating, citing robust demand, strong net yield growth, and a recent valuation pullback. Q1 results highlight record revenues of $6.2B, a 2.7% YoY net yield increase, and a 50% YoY jump in adjusted EPS to $0.20. CCL plans $14B in shareholder distributions from 2026–2029, starting with a $2.5B buyback program and over $800M in 2026 dividends.
Revolution Medicines' stock has surged on the promise of a pancreatic-cancer drug. With any deal to buy the firm looking unlikely, investors should be prepared for the long haul.
New Agent Reduces PAR Cycle Times by Up to 60% and Improves Decision Accuracy New Agent Shifts Time from Paperwork to Mission Work, Strengthening Fiscal Stewardship and Taxpayer Value WASHINGTON, April 28, 2026 /PRNewswire/ -- Workday Government (NASDAQ: WDAY), the enterprise AI platform for managing people, finance, and agents, today unveiled a new Personnel Action Request (PAR) Agent. Designed specifically for federal agencies, the PAR Agent modernizes how agencies manage critical HR transactions while keeping missions moving forward and delivering more value for U.S. taxpayers.
Oracle stock was falling after a report raised concerns about OpenAI's huge spending plans.
Micron stock (NASDAQ: MU) rally looks impressive as the stock has climbed about 40% this month and was changing hands at $524.56 on Tuesday. That move has now drawn two separate $700 price targets, one from Melius Research's Ben Reitzes in a fresh April 27 initiation and another from Cantor Fitzgerald's C.J.