May 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, […]
Read moreMay 21, 2026 12:50 pm
Key Moments Critical Metals Corp (NASDAQ:CRML) gained 10% after signing a 15-year binding offtake agreement with REalloys Inc. (NASDAQ:ALOY) for rare earth concentrate from the Tanbreez Project in Southern Greenland. REalloys agreed to buy 15% of Tanbreez’s annual rare earth concentrate output, with priority access to volumes rich in dysprosium and terbium and a Right […]
Read moreMay 21, 2026 12:39 pm
Key Moments Kroger Co. (NYSE:KR) fell 5% as investors reacted to Walmart Inc. (NYSE:WMT) results and Kroger’s plans for broad price reductions. Walmart guided second-quarter adjusted EPS to a range of 72c to 74c, below the 75c consensus estimate. Kroger CEO Greg Foran said the company is preparing to test and roll out substantial price […]
Read more