The pharmaceutical giant will pay $2.8 billion upfront to gain access to AtaiBeckley's late-stage nasal spray for treatment-resistant depression, marking a significant move into psychedelic-based therapies.
The French food services giant presented its 'Shift & Grow 2030' plan, targeting over 5% organic growth and operating margins by the end of the decade, backed by significant new investments.
The Swedish telecom operator's stock fell sharply after it reported second-quarter profits that fell short of analyst expectations and maintained its full-year guidance, disappointing investors.
Cloud data company Snowflake has announced a new long-term compensation plan for CEO Sridhar Ramaswamy, valued at up to $448 million, contingent on the company's stock price nearly doubling over the next seven years.
J.P. Morgan analysts have identified a compelling entry point for investors in EMEA gold miners following a significant sector pullback, reaffirming AngloGold Ashanti and Fresnillo as their top picks.
A new Citi forecast projects Alphabet, Meta Platforms, and Amazon will collectively spend over $800 billion on capital expenditures in 2027. The massive investment in AI infrastructure is expected to push all three tech giants into negative free cash flow territory.
Etsy shares are falling after BTIG downgraded the stock to Neutral from Buy, citing its 55% year-to-date rally. Cautious analyst sentiment and recent insider selling are adding to the pressure.
Swedish defense firm Saab will supply combat systems, sensors, and composite structures for four new MEKO A-200 DEU class frigates in a deal valued at approximately SEK 8.7 billion.
The UK homewares retailer's stock gained after it reported accelerating sales growth in the fourth quarter and reaffirmed its full-year profit forecast, easing investor concerns after a weaker Q3.
