Apple CEO John Ternus Takes Over September 1: What the Engineer Era Means for Korean Suppliers
Tim Cook hands Apple's CEO role to hardware engineer John Ternus on September 1. Here is what the leadership shift means for Samsung Display, SK Hynix, and LG Display.
Kimberly-Clark $48.7B Kenvue Takeover: EU Deadline Sept. 29 as China SAMR Adds Risk
KMB seeks EU approval for $48.7B Kenvue deal; EC deadline Sept 29. US antitrust cleared; China SAMR in Phase 2. Deal creates $32B revenue company with $2.1B in synergies.
NVIDIA in Talks to Invest in Perplexity at $30 Billion-Plus Valuation as AI Startup's Revenue Triples
NVIDIA reportedly in talks to invest in Perplexity at USD 30B+ valuation, per The Information. Perplexity's ARR tripled to USD 750M in seven months. NVDA earnings August 26.
Exxon, LyondellBasell, Apollo and Kuwait Petroleum Circle Shell's $8B U.S. Chemicals
Shell's $8B U.S. chemicals unit drew bids from Exxon, LyondellBasell, Apollo, and Kuwait Petroleum — four plants at below-replacement cost in a distressed chemicals sector.
Phillip Securities Cuts Airbnb to Reduce. The Stock Has Set Two 52-Week Highs Since.
Phillip Securities cut Airbnb to Reduce citing a 30.9x forward P/E above its historical reference. Two 52-week highs set since. Wedbush and Susquehanna target $200.
A Tariff Refund Supplies More Than Half of Ross Stores' 2026 Guidance Raise
Ross Stores raised full-year EPS guidance by $1.07 at the midpoint, but $0.60 — 56% of the raise — came from customs refunds, not better retailing.
Silver Lake Eyes WDAY Buyout, but Founders Control 69% of the Vote
Workday (NASDAQ: WDAY), the Pleasanton, California maker of cloud human-resources and finance software, closed up almost 18% on Thursday after Reuters reported
NextEra Energy Files Dominion H1 2026 Financials With SEC as $66.8B Merger Heads to September 3 Vote
NextEra Energy filed Dominion H1 2026 financials in an 8-K before Sept. 3 votes on the $66.8B deal. Dominion Q2: $4.48B revenue, $0.79 EPS, 6th straight beat; ~10% arb spread.
Sony and TSMC Plan USD 6.4 Billion Image Sensor Joint Venture in Japan, Targeting Physical AI by 2029
Sony Group and TSMC plan a USD 6.3–6.4B joint venture in Kumamoto, Japan, targeting next-gen image sensors for autonomous vehicles and robotics by 2029.
Take-Two Interactive (TTWO) Q1 FY2027: Revenue Beats by 12.7%, CEO Calls GTA VI Preorders 'Unprecedented'
Take-Two (TTWO) Q1 FY2027 revenue USD 1.533B beat by 12.7%. CEO: GTA VI preorders 'unprecedented,' topping internal forecasts. FY2027 guidance USD 8.0–8.2B reaffirmed.
CVS Health Q2 2026: $106.1B Revenue Beat, Aetna Insurance MBR Drops to 87.4% as Turnaround Accelerates
CVS Health Q2 2026 adjusted EPS $2.58 beats $1.85 estimate; Aetna MBR improves to 87.4% from 89.9%; full-year guidance raised to $7.90-$8.10.
Uber Q2 2026 Earnings: Record $58B Bookings, But Q3 Guidance Miss Sends Stock -6%
Uber Q2 2026: gross bookings beat at USD 58B (+24%), EBITDA USD 2.82B (+33%), but Q3 guidance midpoint missed, sending shares -6%. CEO pledges USD 10B+ in robotaxi.