Private equity firm eyes $1.67bn valuation for insurer in first direct investment in India’s general insurance sector. Bain Capital is in advanced negotiations to acquire up to a 25% stake in IndusInd General Insurance (IGI) at a valuation exceeding $1.67bn. The deal, if f
The utility boosted its 10-year capital plan on surging data center demand in its Houston service area. CenterPoint Energy (CNP) shares climbed 2.3% to a record $45.26 after reporting stronger-than-expected Q2 adjusted earnings. The company also increased its 10-year capit
South Korea's Kospi plunged over 10% overnight, led by sharp declines in SK Hynix and Samsung Electronics, while US equity futures rose modestly. South Korea’s Kospi index dropped more than 10% in overnight trading, with SK Hynix down nearly 15% and Samsung Electronics fal
ASTS stock retreats sharply after SpaceX IPO rally, trading near $63 as satellite deployment delays weigh on outlook. AST SpaceMobile (NASDAQ: ASTS) shares have fallen 58% from their late-May high of $133, now trading below $63 per share. The decline follows a broader pull
Analysts project ASML’s stock could reach $3,000 as demand for its EUV lithography machines drives multi-year growth. ASML Holding (NASDAQ: ASML) reported a 21% year-over-year revenue increase to 9.3 billion euros in Q2, fueled by strong demand for its extreme ultraviolet
You can find original article here Nrn. Subscribe to our free daily Nrn newsletters TGI Fridays' consensual liquidation plan has been approved by the U.S. Bankruptcy Court for the Northern District of Texas, marking a major milestone nearly two years after the compa
The joint venture guided toward the low end of its full-year ranges due to competitive pressures and softer consumer spending. BetMGM reported second-quarter revenue of $711 million, up 3% year over year, driven by iGaming growth despite weakness in sports betting and reta
Starbucks Builds Sovereign AI to Cut $400 Million in Software Costs Brown & Brown (NYSE:BRO) reported second-quarter revenue of $1.7 billion, up 30.4% from a year earlier, as acquisition activity and higher contingent commissions helped offset pressure from declining... ta
Why AST SpaceMobile Is the Bigger Winner of the AT&T, T-Mobile, and Verizon Joint Venture American Tower (NYSE:AMT) raised its full-year 2026 outlook for the second time this year after reporting second-quarter growth in tower leasing and record leasing activity at its CoreSite...</strong
Cannabis: One Stock to Play the Movement SNDL (NASDAQ:SNDL) reported lower second-quarter revenue and gross profit as demand weakness across liquor and cannabis markets, cannabis-production ramp-up costs and promotional activity weighed on results. The company said it cont
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