May 12, 2026 10:32 am
Key Moments EBay rejected GameStop’s $56 billion half-cash, half-stock takeover proposal, citing doubts about the deal’s financing. EBay shares have been trading $20 below GameStop’s offer price of $125 per share, reflecting market skepticism. GameStop CEO Ryan Cohen has highlighted $20 billion in potential debt financing and share issuance capacity to back the bid. EBay […]
Read moreMay 12, 2026 9:46 am
Key Moments Europe’s top court backed Italy’s telecoms regulator AGCOM. It confirmed the regulator can require Meta to compensate publishers for news snippets. The Court of Justice of the EU ruled that fair compensation is legal under EU law. Publishers can receive payment for online use of their content. Meta said it will review the […]
Read moreMay 12, 2026 9:32 am
Key Moments Major European equity benchmarks traded sharply lower, with the Stoxx 600 down 1.2% and key national indices losing more than 1.0%. Comments from U.S. President Donald Trump underscored a lack of progress on a lasting peace deal with Iran, clouding risk appetite. Brent crude futures climbed 2.0% to $106.30 per barrel, amplifying concerns […]
Read moreMay 12, 2026 8:30 am
Key Moments Texas Attorney General Ken Paxton has filed a lawsuit accusing Netflix of secretly collecting and selling user data, including information about children. The complaint alleges Netflix used “dark patterns” such as autoplay features to keep viewers engaged and to increase data collection. Paxton seeks civil penalties of up to $10,000 per violation, a […]
Read moreMay 12, 2026 8:19 am
Key Moments Trian Fund Management has been in discussions with investors, including in the Middle East, about financing a potential take-private bid for Wendy’s, according to the Financial Times. Nelson Peltz’s stake in Wendy’s has increased to 16.24%, while Trian’s position has risen to 7.85% from levels reported in July last year. Wendy’s shares closed […]
Read moreMay 11, 2026 12:57 pm
Key Moments Moderna shares rise 7.7% in premarket trading after reports of a U.S. hantavirus case linked to the Andes strain. The Department of Health and Human Services evacuates 17 Americans from the MV Hondius cruise ship, with two passengers affected. Moderna continues early-stage hantavirus research and signed a 2023 partnership with Korea University under […]
Read moreMay 11, 2026 11:45 am
Key Moments: Amazon.com Inc. has arranged its inaugural Swiss franc bond issue, according to a Bloomberg report. The planned deal is expected to comprise six tranches with maturities ranging from three to 25 years. The move follows sizable European bond sales by major technology peers to fund artificial intelligence infrastructure. Amazon Prepares First Swiss Franc […]
Read moreMay 11, 2026 9:51 am
Key Moments Bank of America raised its Intel price target to $96 from $56 while reiterating an Underperform rating. BofA estimates a potential Apple foundry deal could reach about $10 billion in annual sales for Intel by 2030. Intel shares jumped 14% to a record close of $124.92, pushing year-to-date gains to nearly 240%. Apple […]
Read moreMay 8, 2026 2:24 pm
Key Moments: Foundayo reached 7,335 U.S. prescriptions in its fourth week after launch Lilly reported that over 20,000 patients have been treated and more than 8,000 prescribers have participated so far Analysts expect weekly prescriptions to climb to 22,000 for consensus second-quarter sales of $160 million Slower Start Compared to Competitor In its fourth week […]
Read moreMay 8, 2026 1:41 pm
Key Moments First-quarter net income increased to $5.3 billion, or $1.60 per share, with total revenue up 6% year-over-year to $21.4 billion. Average assets climbed 13% to $2.17 trillion after the Federal Reserve removed the $1.95 trillion asset cap, with loans up 11% and deposits up 7% year-over-year. Analysts maintain a Moderate Buy stance with […]
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