Category: Top Story
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Micron Shares Slide After Report on Samsung’s Faster HBM4 Production Plans
Micron Technology (NASDAQ:MU) shares fell about 3.2% on Monday after reports indicated that rival Samsung Electronics is set to begin mass production of next-generation high-bandwidth memory chips sooner than previously expected. According to South Korea’s Yonhap News Agency, Samsung plans to start large-scale production of HBM4 chips as early as this month. The components are…
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Novo Nordisk Takes Legal Action Against Hims & Hers Over Compounded Semaglutide
Novo Nordisk (NYSE:NVO) has filed a patent infringement lawsuit against telehealth provider Hims & Hers (NYSE:HIMS) in the United States, targeting the company’s sale and promotion of compounded semaglutide products, according to a statement from the Danish drugmaker. Novo Nordisk alleges that Hims & Hers violated U.S. Patent 8,129,343 by marketing compounded versions of semaglutide…
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Wall Street Faces Potential Volatility as Key Economic Reports Approach: Dow Jones, S&P, Nasdaq, Futures
U.S. stock index futures are signaling a largely flat start to trading on Monday, suggesting markets may struggle to find clear direction after the strong rebound seen at the end of last week. Investors appear to be pausing to digest recent market swings, which included a sharp, technology-led selloff midweek followed by a powerful recovery…
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FedEx-Advent Consortium Moves to Acquire InPost for $9.2bn as Shares Jump
A consortium led by FedEx Corporation (NYSE:FDX) and private equity group Advent has agreed terms to acquire Polish parcel locker operator InPost SA (AS:INPST) in a transaction valuing the company at around €7.79 billion ($9.22 billion), according to a joint statement released on Monday. Under the proposal, the consortium is offering €15.60 per InPost share,…
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EU Antitrust Regulator Flags Possible Action Against Meta Over AI Access on WhatsApp
The European Commission warned Meta Platforms Inc (NASDAQ:META) on Monday that it could impose interim remedies requiring WhatsApp to reopen its platform to competing AI assistants, after raising concerns that Meta may have breached EU competition law by restricting rival access. The Commission said it has issued a Statement of Objections to Meta, setting out…
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Five Key Market Themes to Watch in the Coming Week
Investors are heading into a pivotal week shaped by closely watched U.S. jobs and inflation figures, a fresh wave of technology earnings after recent volatility, and major political developments in Japan and the United Kingdom. Here are the main issues likely to drive markets over the days ahead. 1. U.S. employment report takes centre stage…
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Markets Turn to Earnings and Key Data as Japan PM’s Election Gamble Pays Off: Dow Jones, S&P, Nasdaq, Wall Street Futures
U.S. stock futures were slightly higher at the start of the week, with investors bracing for a busy stretch of corporate earnings and long-awaited economic data releases. Semiconductor maker Onsemi is among the first major companies set to report on Monday, while Japanese equities advanced after Prime Minister Sanae Takaichi secured a decisive election victory.…
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JPM lifts gold outlook, citing “enough demand from central banks, investors”
JPMorgan has upgraded its gold price outlook, lifting its end-2026 forecast to $6,300 an ounce, on the view that demand from central banks and investors remains strong and durable despite the recent spike in volatility. Gold and silver both saw sharp corrections late last week after surging rapidly to stretched levels, a move that was…
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Memory Chip Prices Jump on AI Demand, Creating Supply Pressures and Cost Risks for Device Makers
Rising demand linked to artificial intelligence infrastructure is driving a sharp increase in memory chip prices, with major manufacturers including Micron Technology Inc (NASDAQ:MU), Samsung Electronics Co Ltd and SK Hynix Inc expected to benefit from the surge, according to new data from Counterpoint Research. The analytics firm said memory pricing has climbed significantly during…
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Analyst says market is misreading Amazon’s heavy CapEx push
Amazon (NASDAQ:AMZN) delivered solid fourth-quarter performance across its core businesses, but investors are drawing the wrong conclusions from the company’s elevated capital spending plans, according to BMO Capital Markets analyst Brian Pitz. In a note published Friday, BMO reiterated its Outperform rating, kept Amazon as a Top Pick and lifted its price target to $310…