McDonald's (MCD) stated that the company's ambition is to be customer's first choice Every time, and so it is introducing McDonald's > NEXT to unlock next phase of growth and productivity, by bringing in more customers more often and improving unit economics. Under the Plan, the company targets to: elevate...
Chipmaker STMicroelectronics N.V. (STM) announced Tuesday that it has raised revenue outlook for Data Centers in the year 2026 and 2027, citing continued strong demand for AI infrastructure. In the overnight trading, the shares wre gaining around 2.29%, at $70.60. For fiscal 2026, data center revenues...
Amazon's Prime Day Event, its major deal event, is returning kicking off summer, with millions of exclusive and early deals for Prime Members from June 23 to 26. The offers include Amazon's best deals, from the season's biggest fashion trends and K-beauty favorites to summer of soccer essentials, patio furniture, and outdoor entertaining many at 50 percent off or more.
The Trade Desk, Inc.(TTD), an advertising technology company, said that it has appointed Nate Olmstead as chief financial officer with effect from July 9. Olmstead will join the company from Penguin Solutions Inc.(PENG), an artificial intelligence infrastructure and technology solutions company, where...
Nidec (6594.T) announced that Institutional Shareholder Services, a proxy advisory firm, has issued a report recommending that shareholders vote for all proposals to be entered at the company's General Meeting of Shareholders scheduled for June 18, 2026. The company believes that ISS's recommendation...
Blackstone Inc. (BX), an alternative asset management firm, on Tuesday announced the final close of Blackstone Capital Partners Asia III at $13.1 billion. The fund exceeded its $10 billion target and marked the firm's largest private equity fundraise in Asia. The oversubscribed fund reached its...
Alphabet Inc. (GOOG) unveiled plans to raise up to $80 billion in equity capital to finance the expansion of its AI infrastructure and computing capacity. The Google parent said the fundraising plan includes $30 billion in public offerings, comprising $15 billion of mandatory convertible preferred...
The Australian Competition and Consumer Commission on Monday said it has asked Amazon.com, Inc. (AMZN), eBay Inc. (EBAY), Kogan.com Ltd (KGN.AX), and Fruugo to remove listings for toys and games containing banned small high-powered magnets. The ACCC said products such as magnetic chess and magnetic...
Roche (RHHBY, RO.SW, ROG.SW) announced the FDA has accepted the company's New Drug Application under Priority Review for giredestrant, an investigational oral selective oestrogen receptor degrader, as an adjuvant treatment for adults with oestrogen receptor-positive, human epidermal growth factor receptor...
General Mills, Inc. (GIS), a maker of branded consumer foods, said that it has inked a deal to sell its HagenDazs shops in Mainland China to an investor group including Ningji, a Chinese operator of tea brands with a network of premium quick-service retail tea shops. Under the terms, the buyer will...
Following the relatively lackluster performance seen during last Friday's sessions, stocks continued to show a lack of conviction during trading on Monday but once again managed to end the day mostly higher. The major averages ended the day off their best levels but still at new record closing highs.
Following the relatively lackluster performance seen during last Friday's session, stocks have continued to show a lack of direction over the course of the trading day on Monday. The major averages have spent the day bouncing back and forth across the unchanged line. Currently, the major averages are turning in a mixed performance.
A report released by the Commerce Department on Monday showed construction spending in the U.S. increased from a downwardly revised level in the month of April. The Commerce Department said construction spending climbed by 0.4 percent to an annual rate of $2.172 trillion in April after rising by 0.2 percent to a revised rate of $2.164 trillion in March.
Manufacturing activity in the U.S. expanded for the fifth consecutive month in May, according to a report released by the Institute for Supply Management on Monday. The ISM said its manufacturing PMI rose to 54.0 in May from 52.7 in April, with a reading above 50 indicating growth. Economists had expected the index to inch up to 53.1.
People Incorporated (IAC) has submitted a non-binding proposal to the Board of MGM Resorts International (MGM) to acquire all outstanding shares of MGM that People Incorporated does not already own for $48.30 per share. People Incorporated now owns 26.1% of the outstanding common stock of MGM. People...
May 22, 2026 14:46 ET Minutes of the latest Fed policy session was the highlight of the week along with survey data on the U.S. housing market. In Europe, survey data signaled the trends in the euro area private sector. Further, consumer price inflation data from the U.K. was in focus. In Asia, various economic indicators from China drew attention to the health of the economy.