Latest

Workday buyout buzz sparks European software stocks
Speculation over a potential acquisition of Workday lifts European software shares, with investors eyeing sector consolidation amid market volatility.

Oncoclínicas Q2 2026 cash flow rebounds despite supply crisis
Brazilian oncology services provider sees improving liquidity in Q2 2026, though operational challenges persist amid supply constraints. Slides highlight financial recovery amid broader healthcare sector pressures.

COMPASS Pathways shares surge after FDA milestone
Psychedelic therapy developer COMPASS Pathways rallies after FDA acceptance of its psilocybin therapy application, marking a pivotal turnaround.

BASF warns of supply constraints due to low Rhine water levels
German chemicals giant cites reduced cargo capacity on Europe's key waterway as output impacted.

XP Inc beats Q2 2026 profit estimates as shares decline
Brazil-based fintech XP Inc reported second-quarter 2026 earnings above market expectations, though its stock fell on the day. Results reflect growth in core financial services amid competitive pressures.

Cargill workers vote to end dispute at US beef plant
Union vote clears path for resumption of operations at Wyalusing, Pennsylvania facility after six-week shutdown.

Mitek Systems appoints Aaron Seyler as chief revenue officer
Seyler, previously at DocuSign, will oversee global revenue strategy and operations for the digital identity verification firm.

Analysts flag biotech stocks with highest upside potential
Top biotech picks identified by analysts show strong upside potential, combining high conviction ratings with undervaluation metrics.

Berkshire Hathaway raises stake in DR Horton to 10.8%
Warren Buffett's firm boosts exposure to the U.S. homebuilder as housing market faces affordability pressures and shifting mortgage rates.

XP Inc seeks U.S. banking license to expand financial services
Brazilian fintech firm XP Inc plans to apply for a U.S. banking license, aiming to broaden its financial services offerings beyond Brazil and Latin America.

Parsons wins $665 million U.S. Army support contract
Defense contractor Parsons secures a five-year deal to provide logistics and operational support services to the U.S. Army.

K92 Mining names new CEO as Lewins steps down
Medilek appointed to lead K92 Mining after Lewins departs. Transition follows strategic review of operations.

Nasdaq to expand trading hours to nearly 23 hours daily
U.S. exchange operator plans extended session from December, aiming to boost liquidity and global competitiveness amid rising after-hours activity.

PicPay integrates ChatGPT for customer queries in Brazil
Brazilian fintech PicPay partners with OpenAI to deploy AI-driven customer service for account-related questions, aiming to enhance efficiency and reduce operational costs.

Serve Robotics, Grubhub launch autonomous food delivery service
Partnership integrates Serve Robotics' robots with Grubhub's platform to expand autonomous delivery in Los Angeles and San Francisco.

ResMed appoints Carol Burt as lead director, Ron Taylor to retire
Burt, a ResMed board member since 2019, will succeed Taylor as lead director. Taylor, who joined the board in 2015, will retire after ResMed's 2025 annual meeting.

Textron Aviation delivers 500th Cessna Citation CJ4 jet
Milestone delivery underscores strong demand for light business jets amid robust private aviation market activity.

Madison Air Solutions to acquire ebm-papst for $5.4 billion
German industrial ventilation firm ebm-papst to be taken private in cash-and-stock deal valuing the company at $5.4 billion.

DraftKings secures $1.35B in financing via loans and credit
Gaming company DraftKings raises $600M in a term loan and $750M in a credit facility to bolster liquidity and refinance existing debt.

Wall Street strategist bullish on gold amid market uncertainty
Gold gains favor as hedge against volatility, with one strategist recommending a long position amid shifting macro conditions.

United Therapeutics finishes enrollment in lung fibrosis trial
Biotech firm completes recruitment for phase 3 trial evaluating inhaled treprostinil in patients with idiopathic pulmonary fibrosis. Topline data expected mid-2025.

Dynatrace unit to issue $1.25 billion in notes
Subsidiary of enterprise software firm Dynatrace plans unsecured senior notes offering to fund general corporate purposes, including potential acquisitions.

Bitpanda hit with €70,000 fine in Austria’s first MiCA enforcement case
Austrian regulator penalizes Bitpanda for failing to file a white paper 20 days prior to publication and omitting required disclosures in marketing materials under the EU’s Markets in Crypto-Assets rules.

Centene appoints Chris Neczypor as CFO, effective January 2027
Health insurer Centene names Christopher Neczypor as chief financial officer, succeeding Drew Asher who will retire at year-end.

