May 26, 2026 8:44 am
Key Moments Ferrari stock declined 6.1% on Tuesday following the official unveiling of the Luce, the company’s first fully electric vehicle. The Luce, a four-door, five-seat EV developed with Jony Ive’s LoveFrom, is priced at €550,000 ($640,000) with deliveries scheduled to start in the fourth quarter of 2026. Investor concerns center on brand risk, weak […]
Read moreMay 22, 2026 2:04 pm
Key Moments Deere & Co. delivered a Q2 2026 double-beat, including a 15% upside surprise on adjusted EPS, yet DE shares fell nearly 5% after the release. Production and Precision Agriculture net sales declined 14% in the quarter, with full-year guidance pointing to a 5% to 10% drop and lower operating margins. Construction and Forestry […]
Read moreMay 22, 2026 12:47 pm
Key Moments U.S. equity index futures traded slightly higher, with Dow futures up 96 points, S&P 500 futures higher by 7 points, and Nasdaq 100 futures largely flat by 06:45 ET (10:45 GMT). Take-Two Interactive, Workday, Estee Lauder, and quantum computing-linked stocks advanced in premarket trading on earnings, guidance, and deal-related headlines. Denali Therapeutics dropped […]
Read moreMay 22, 2026 12:23 pm
Key Moments Biogen’s diranersen failed to meet the primary endpoint in the Phase 2 CELIA trial, triggering a more than 10% slide in BIIB on May 14. Despite the miss, CELIA delivered substantial tau reductions and signals of slower cognitive decline, leading Biogen to move diranersen into further development. Leqembi generated $168 million in global […]
Read moreMay 22, 2026 9:53 am
Key Moments Citigroup plans to allocate a substantial share of its global wealth hiring to Asia as its private bank in the region delivers the fastest growth and highest productivity. The bank intends to recruit about 100 private bankers worldwide, plus roughly 400 specialists, with a significant proportion of those roles based in Asia. Citi’s […]
Read moreMay 22, 2026 8:26 am
Key Moments NVIDIA Corp’s (NASDAQ: NVDA) upbeat artificial intelligence demand outlook lifted shares of several Asian suppliers. Japanese chip-related stocks advanced between 2% and 7%, with SUMCO Corp. gaining additional support from a UBS rating upgrade to Neutral from Sell. South Korean chipmakers retreated following sharp prior-session rallies, even as negotiations continued at Samsung Electronics […]
Read moreMay 22, 2026 7:52 am
Key Moments Estée Lauder shares jumped more than 10% in extended trading after it ended merger talks with Puig. The abandoned deal would have combined Estée Lauder and Puig into a $40 billion luxury beauty group. Demands from Charlotte Tilbury were among the factors that complicated negotiations, according to sources. Strategic Shift Away From Merger […]
Read moreMay 22, 2026 7:34 am
Key Moments InPost confirmed its €7.8 billion all-cash buyout offer will be open from May 26 to July 27. Regulatory approvals have been obtained in five jurisdictions, with decisions from the European Commission and Vietnam expected in the second half of 2026. The offer is backed by 48% of shareholders, but completion requires 80% of […]
Read moreMay 21, 2026 2:29 pm
Key Moments KKR agreed to sell aerospace and defense company Circor to Parker-Hannifin in a transaction valued at $2.55 billion. The acquisition is expected to enhance Parker-Hannifin’s position in higher-margin aerospace systems markets. KKR plans to retain Circor’s naval and industrial operations, while all Circor employees are set to receive a dividend at closing. Transaction […]
Read moreMay 21, 2026 1:42 pm
Key Moments HSBC keeps overweight positions in Technology and Communications. The bank cites AI spending and productivity gains as major earnings drivers. Moreover, HSBC expects earnings growth of 56% for US tech and 25% for the S&P 500 this year. It also says current valuations still support further equity gains. In addition, HSBC sees Materials, […]
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