PayPal Holdings Inc. has announced a sudden leadership change, replacing CEO Alex Chriss with board chair and HP veteran Enrique Lores. The move, effective March 1, follows a period of perceived strategic delays and a disappointing quarterly earnings report that sent shares tumbling.
While broader markets edged higher, shares of Merck and Pfizer fell Tuesday following their quarterly results, underscoring the strategic pivots and patent-cliff pressures quietly reshaping the pharmaceutical industry.
Nintendo's Switch 2 has sold over 17 million units since its June launch, officially making it the company's most successful console debut. While the new hardware soars, sales of the original Switch model have seen a significant decline.
Alberta is on the verge of transforming its online gambling landscape by opening the door to private operators, aiming to capture revenue from a thriving grey market and become Canada's second province with a competitive, regulated iGaming sector.
PepsiCo reported stronger-than-expected Q4 2025 revenue of $29.34 billion, a 5.6% year-over-year increase. However, a continued drop in sales volumes and margin pressures highlight the challenges facing the consumer staples giant as it navigates a shifting market.
In a surprise move, PayPal replaces CEO Alex Chriss after just five months, appointing veteran tech executive and board member Enrique Lores to lead the company amid investor pressure for faster growth and strategic clarity.
The European Union's sanctions envoy will travel to Bishkek later this month for high-level talks, following reports that Brussels is considering export bans targeting Kyrgyzstan over alleged sanctions circumvention.
Amidst significant paper losses on its crypto holdings, Bitmine Immersion Technologies is aggressively expanding its Ethereum treasury and preparing to launch a major U.S.-based staking network, MAVAN, signaling a strategic pivot towards infrastructure-driven revenue.
Amid a tech-driven market rally, American International Group (AIG) emerged as a key performer for Diamond Hill Capital's Large Cap Fund in late 2025, highlighting a shift toward fundamentally sound, cash-generative businesses.
Industrial manufacturer Illinois Tool Works (ITW) reported fourth-quarter sales and earnings that edged past Wall Street expectations, though analysts point to a more nuanced picture of slowing underlying demand and modest future projections.
After a steep 18% drop in January, Palantir Technologies shares rebounded sharply on the back of a strong quarterly report, highlighting the intense scrutiny facing high-flying AI stocks.
Diamond Hill Capital's Large Cap Fund underperformed the broader value index in Q4 2025, citing a cautious stance on AI-fueled rallies. The fund identified laboratory services giant Labcorp (LH) as a key detractor, despite solid long-term share gains, highlighting a shift in investor sentiment towards more fundamentally stable businesses.
Pfizer reported a Q4 loss driven by steep declines in its COVID-19 vaccine and antiviral sales, while highlighting promising early data for a newly acquired GLP-1 weight-loss therapy as it seeks to diversify its revenue stream.
Diamond Hill Capital's Large Cap Fund added medical device maker Cooper Companies (COO) to its portfolio in Q4 2025, positioning for long-term growth in the resilient contact lens and women's health sectors despite recent stock weakness.
Amid a tech-led market rally, investment manager Diamond Hill Capital reveals a new position in industrial conglomerate Dover Corporation, highlighting a strategic pivot towards cash-generative businesses while expressing caution on overheated AI valuations.
Diamond Hill Capital's Large Cap Fund added Wix.com to its portfolio in Q4 2025, positioning the web development platform as a fundamentally sound investment despite recent stock weakness and a cautious view on AI hype.
In its first Super Bowl ad, HR and IT platform Rippling taps comedian Tim Robinson to dramatize how fragmented software can derail business ambitions, launching a new brand campaign aimed at mainstream audiences.
Diamond Hill Capital's latest investor letter highlights General Motors' resilient performance in Q4 2025, even as the fund expresses caution toward AI-driven market euphoria and lags behind the broader value index.
The Marzetti Company reported fourth-quarter revenue in line with Wall Street expectations at $518 million, though earnings per share fell short. While its foodservice segment saw growth, retail sales softened, highlighting ongoing challenges for the specialty food maker.
Electrical safety products manufacturer Atkore (NYSE: ATKR) reported fourth-quarter revenue that surpassed Wall Street estimates, though sales remained unchanged year-over-year. Adjusted earnings significantly exceeded analyst projections, highlighting a mixed performance against a challenging industrial backdrop.
