Dow futures hold near 54,150 while S&P 500 and Nasdaq 100 edge higher amid geopolitical tensions and weaker labor data. US stock futures showed mixed movement early Monday, with Dow Jones futures steady at 54,150, S&P 500 futures up 0.16% near 7,790, and Nasdaq 100 futures
S&P 500 and NASDAQ hit record highs The S&P 500 and other major equity indices reached record highs last week, driven by falling energy prices. The rally was also supported by a renewed AI trade, with semiconductor stocks posting strong gains. In Asia, the
Oculis secures worldwide rights to Accure Therapeutics' Privosegtor and ACT-02 in a $3.8M upfront deal plus 2.05M shares. Oculis Holding (OCS) has agreed to acquire worldwide rights to Privosegtor and ACT-02 from Accure Therapeutics for $3.8M in cash and up to 2.05M ordina
Falling energy costs and a rebound in AI-related stocks drove major equity benchmarks to all-time highs last week. The S&P 500 climbed 3.58% last week, reaching a record high as declining oil prices and softer Fed rate-cut expectations fueled risk appetite. The NASDAQ rose
Warren Buffett's firm buys nearly $20B in equities and boosts its Alphabet position by $10B amid AI-driven market shifts. Berkshire Hathaway has allocated nearly $30 billion to stock purchases, including a $10 billion addition to its Alphabet stake. The move signals confid
The industrial machinery firm reported a 15.6% jump in Q2 EBITDA before restructuring, updating its FY2026 outlook. GEA Group posted Q2 non-GAAP earnings per share of €0.79 as revenue climbed 9.9% year-over-year to €1.44 billion. The company’s EBITDA before restructuring e
Taiwan Semiconductor Manufacturing Co reports NT$467.58B in sales for the month, driven by strong AI hardware orders. Taiwan Semiconductor Manufacturing Co (TSM) posted a 44.7% year-over-year increase in monthly revenue, reaching NT$467.58B ($14.5B). The surge reflects per
Element proposes $820M cash acquisition of FleetPartners Element Fleet Management has submitted a non-binding proposal to acquire FleetPartners Group for $3.80 per share in cash. The offer values FleetPartners' equity at about $820M, representing a 34.3% premium to th
Sony and TSMC aim to jointly invest ¥1 trillion to expand semiconductor production in Japan, Nikkei reports. Sony Group and Taiwan Semiconductor Manufacturing Co are negotiating a ¥1 trillion ($6.4 billion) investment in a new chip plant in Japan. The facility will focus o
The medical imaging provider raised full-year revenue and earnings forecasts following stronger-than-expected second-quarter performance. RadNet reported second-quarter adjusted EBITDA of $99.7 million, a quarterly record, up from $81.2 million in the same period last year
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