Penguin Solutions (PENG) has named technology executive Kash Shaikh as its new CEO, replacing retiring veteran Mark Adams. The leadership change underscores the company's intensified focus on AI infrastructure, a move that analysts say could redefine its investment thesis amid ongoing valuation debates.
AbbVie moves to bolster its pipeline through the acquisition of Capstan Therapeutics for its in vivo CAR-T platform and a regulatory push to expand RINVOQ into vitiligo treatment, signaling a strategic pivot towards complex immunology and oncology.
Uber has relaunched its ride-hailing services in Macau after a multi-year hiatus, introducing a key cross-border limousine link to Hong Kong. The move tests the company's strategy in a competitive Greater China-linked market and its push into higher-margin services.
Synopsys is integrating its high-speed connectivity IP with Lightmatter's photonic computing platform, aiming to redefine bandwidth and efficiency for AI accelerator clusters in future data centers.
Financial technology giant Broadridge Financial Solutions (NYSE: BR) reported fourth-quarter revenue and profit that comfortably exceeded Wall Street forecasts, driven by resilient demand for its core transaction processing and investor communications services.
Dell Technologies and Indian IT firm NxtGen AI have announced a strategic collaboration to establish what is being billed as India's premier AI factory. The initiative leverages Dell's AI Factory architecture with NVIDIA technology, aiming to provide scalable AI infrastructure for enterprises, startups, and government agencies across the country.
Argentine financial group Grupo Supervielle sees a major analyst price target cut following a difficult third-quarter loss and a dimmed 2025 outlook, reflecting broader challenges within the country's volatile economy.
Chipotle Mexican Grill accelerates its menu innovation timeline, reviving the fan-favorite Chicken al Pastor while consolidating legal and human resources under a single executive leader. The moves signal a dual focus on driving customer excitement and streamlining internal operations as the company eyes its long-term growth targets.
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.
Despite trailing the broader market over the past year, Intercontinental Exchange (ICE) retains robust analyst confidence, with a 'Strong Buy' consensus and significant projected upside ahead of its upcoming earnings.
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.
Ukrainian President Volodymyr Zelenskiy condemned Russia's latest wave of attacks on energy infrastructure, calling them a deliberate blow to U.S.-led diplomatic efforts. He vowed to coordinate with Washington on potential consequences.
French prosecutors have formally requested that an appeals court uphold fraud convictions against far-right leader Marine Le Pen and her National Rally party, seeking to confirm bans that would disqualify her from public office. The move threatens Le Pen's potential 2027 presidential bid.
While Apple's latest quarterly results showcased staggering iPhone growth, analysts are zeroing in on CEO Tim Cook's cautious remarks about persistent supply constraints and rising memory costs, which could pressure margins in the coming months.
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.
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.
Kevin Warsh's nomination to lead the Federal Reserve signals a potential retreat from climate-focused financial regulation, placing the U.S. at odds with global counterparts and igniting fierce debate among economists.
A group of former Dell Technologies employees has filed a federal lawsuit accusing the company of breaching its fiduciary duties by retaining underperforming in-house funds in its $14.6 billion retirement plan, allegedly costing participants over $318 million.
As Iran's cryptocurrency transactions surge to an estimated $10 billion annually, U.S. authorities are intensifying scrutiny over whether digital asset platforms are being used by state-linked entities to evade international sanctions, Reuters has learned.
