Top Company News of the Day: Microsoft, Shein, Novartis, Zscaler

Microsoft Needs a Better Seat at OpenAI’s Table

The leadership crisis exposed Microsoft’s reliance on the AI startup, showing a need for a greater role.

Fast-Fashion Giant Shein Files to Go Public

The China-founded online fashion company was valued at $66 billion earlier this year.

5 Oil & Gas Companies on the Brink of Big Earnings Growth

A few energy names could see stellar growth next year, assuming commodity prices stay strong.

Novartis Ups Mid-Term Targets

Novartis said it aims for annual sales growth of 5% through 2027 after what it called a progress in delivering its pure-play strategy.

Zscaler’s stock falls after earnings as company keeps billings outlook intact

Zscaler topped expectations with its results for the latest quarter and its outlook for the ongoing one, but shares of the cybersecurity company were still moving lower in Monday’s extended session.

Former NBCUniversal Chief in Talks to Join Private-Equity Firm RedBird Capital Partners

Jeff Shell is in advanced discussions to lead the private-equity firm’s sports and entertainment investment business.

Shopify’s stock charges up after an ‘epic’ Black Friday

Shopify ‘s stock charged higher Monday, fueled by data showing online holiday shopping got off to a strong start on Black Friday.

Amazon Deal for iRobot May Restrict Competition, European Commission Says

Regulators said that they had informed Amazon of the commission’s preliminary view.

Amazon Clinches Deal With Spanish Union Over Cyber Monday Walkout

Amazon.com reached an agreement with most of its workers in Spain, averting the full impact of a strike that risked crippling its warehouses on one of the busiest days of the year.

Buybuy Baby Is Back-and Opening Stores Again

The retailer is starting over after the bankruptcy of former parent Bed Bath & Beyond.

Source: Dow Jones Newswires


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