Allworth Financial LP lifts Southern Copper stake 320.7% in Q2 filing
Allworth Financial LP raised its Southern Copper Corp. (NYSE: SCCO) position by 320.7% in Q2, disclosing 9,824 shares va...
Section
Business
Company news, industry developments, and the forces shaping business.
Latest news
Business · Today's briefing
Qualcomm's Apple modem exit deepens as Amazon's $60B inference deal anchors diversification push
The disclosure reframes the modem franchise as a declining leg of the business rather than a stable anchor, and it sets ...
Read →
Latest news
All →
Blackstone agrees to acquire Flow Control Holdings from Audax to expand AI data-centre cooling footprint
Blackstone will acquire a majority stake in Flow Control Holdings from Audax Private Equity, adding engineered liquid-co...
Adobe Beats and Raises but Falls as Investors Demand AI Proof
Adobe's quarterly beat and raised outlook still sent the stock lower as investors, emboldened by Salesforce's AI results...
Analysts split on Shopify stock after sell-off pushes shares below 200-day moving average
Bernstein reiterated a bullish stance on Shopify even as SHOP shares broke below the 200-day moving average, while an op...
Morgan Stanley Calls Tesla Semi Earnings Potential 'Underappreciated' as $6 Diesel Reshapes Trucking Case
Morgan Stanley analyst Andrew Percoco labels the Tesla Semi an underappreciated driver of Tesla earnings through 2040, c...
AppLovin stock hovers near 52-week low even as second-quarter revenue climbs 53%
AppLovin shares sit near a 52-week low around $305 despite a 53% second-quarter revenue gain, with analysts pointing to ...
Amgen Stock Falls as Put Options Surge, Despite Strong Earnings and Buy Rating Upgrade
Amgen shares dropped 2.3% as put options volume spiked 309% above average, contrasting with a recent buy upgrade citing ...
RBC's James Edwardes Jones Reaffirms Sell Rating on British American Tobacco
RBC analyst James Edwardes Jones reaffirmed a Sell rating on British American Tobacco p.l.c., keeping a GBX 3,800 target...
Samsung E&A wins $3.5 billion fertilizer plant EPC contract in Saudi Arabia
Samsung E&A signed a $3.51 billion EPC contract with SABIC Agri-Nutrients to build the SAN-7 fertilizer plant in Saudi A...
McKesson Attracts Fresh Institutional Buying as Analysts Cluster Around $1,000 Price Targets
South Korea's National Pension Service and Scholtz & Company disclosed new McKesson share purchases for Q2, while analys...
Novartis India shares hit record after ₹1,250 crore Minipress deal with Pfizer
Novartis India shares jumped to a record high after acquiring Pfizer's Minipress trademarks for ₹1,250 crore, lifting th...
Shopify Acquires Tailwind Labs, Keeps Tailwind CSS Open Source
Shopify acquired Tailwind Labs on Sept. 9, 2026, bringing the Tailwind CSS team in-house while keeping the framework MIT...
Sandisk Unveils NAS 600 and NAS 800 SSDs for Network-Attached Storage
Sandisk introduced two SSDs purpose-built for NAS systems: the SATA-based NAS 600 starting at $179.99 and the PCIe 5.0 N...
PepsiCo opens first Northeast India food plant in Assam with Rs 778 crore investment
PepsiCo India inaugurated a Rs 778 crore foods manufacturing facility in Nalbari, Assam, its first plant in the Northeas...
Constellation to acquire Shell's Rhode Island State Energy Center for $715 million
Constellation Energy will buy Shell's 609 MW Rhode Island State Energy Center for $715 million, while Shell separately a...
HSBC Hires JPMorgan Veteran Hannes Hofmann to Lead Global Family Office Push
HSBC has appointed Hannes Hofmann, most recently from Citigroup, as global head of family offices in a newly created Lon...
Applied Materials Declares $0.53 Quarterly Cash Dividend, Payable Dec. 10, 2026
Applied Materials announced a quarterly cash dividend of $0.53 per share, payable Dec. 10, 2026 to shareholders of recor...
Institutional Investors Reshape Cisco Stakes in Q2 Filings
Several investment firms disclosed second-quarter changes to their Cisco Systems holdings, including a 14% boost by Sequ...
CVS Health Eyes Margin Recovery and Cash Flow as 2027 Headwinds Loom
CVS Health executives told investors the company is regaining momentum across Aetna, pharmacy operations and Oak Street ...
Wells Fargo Analyst Says SpaceX Wireless Push Will Squeeze Carriers, Lift Tower REITs
A Wells Fargo analyst says SpaceX's wireless build will pressure incumbent carriers while tower REITs quietly collect re...
National Pension Service lifts Home Depot stake as shares trade near 52-week low
South Korea's National Pension Service raised its Home Depot holding by 2.5% in the second quarter, adding 53,737 shares...
Jordan Brand Confirms Air Jordan 14 "Blue Ferrari" for Fall 2027 at $215
Jordan Brand confirmed a new "Blue Ferrari" Air Jordan 14 colorway for Fall 2027, retailing at $215, swapping the origin...
Comcast shares drop 6.6% as analysts weigh valuation ahead of next earnings release
Comcast (CMCSA) fell 6.6% on Sept. 9, 2026, closing at $24.59, while Zacks noted the cable provider's decline outpaced b...
AbbVie funds $10.9B Apogee acquisition with $10B bond issuance
AbbVie issued $10 billion in bonds across nine tranches to fund its $10.9 billion all-cash acquisition of Apogee Therape...
Nvidia Shares Slip as DOJ Probes $20 Billion Groq Licensing Arrangement
Nvidia shares fell about 1% on Sept. 10, 2026, after the U.S. Justice Department opened an antitrust probe into its roug...
Evercore raises Dell Technologies price target to $650, names it 'top pick'
Evercore raised its Dell Technologies price target to $650 from $575 and named the stock a 'top pick,' citing AI infrast...
Lloyds Banking Group Opens Launch Innovation Programme for UK Fintech Startups
Lloyds Banking Group has opened applications for its Launch Innovation programme, inviting UK fintech startups and scale...
Enbridge says Line 5 Wisconsin NGL release on track for Sept. 12 restart as crews finish temporary bypass
Enbridge reports progress on a temporary bypass at its Line 5 natural gas liquids release site in Iron County, Wisconsin...
Shopify acquires Tailwind Labs to anchor its open-source CSS stack
Shopify is acquiring Tailwind Labs, with the Tailwind team continuing to maintain its MIT-licensed projects.