T-Mobile's U.S. management has reportedly reversed its stance on a proposed $300 billion merger with parent company Deutsche Telekom, citing opposition from shareholders and potential regulatory demands.
Italian energy contractor Saipem announced its proposed merger with Norway's Subsea7 has passed a key U.S. antitrust review, though the deal still requires international regulatory approvals to proceed.
Recent quarterly results from Microsoft and Meta Platforms confirmed a stark divergence in their capital spending strategies, with Microsoft's stock surging while Meta's free cash flow collapsed, complicating a popular pair trade.
Italian energy contractor Saipem and its Norwegian peer Subsea7 have received antitrust clearance in the United States for their planned merger after the Hart-Scott-Rodino waiting period expired.
India's largest airline will halt Boeing 787 services to London and Amsterdam in October, citing geopolitical tensions and rising costs. The move terminates a significant damp lease agreement with Norse Atlantic ASA.
Major Chinese technology stocks are trading at a significant discount to their U.S. counterparts, attracting value-focused investors despite facing persistent regulatory, geopolitical, and macroeconomic headwinds.
Short sellers have amassed a $24.6 billion position against SpaceX, betting on a price decline as the company faces its first public earnings report and a lock-up period expiration that could release over 900 million shares.
Shares of edge AI chip designer Ambarella surged nearly 20% after the Financial Times reported that NXP Semiconductors is in active discussions to acquire the company.
A packed week of earnings reports sent major technology stocks in sharply different directions, as investors rewarded strong cloud growth at Microsoft and Amazon while punishing weak guidance from Apple and Meta.
