US conglomerates are increasingly breaking up into focused, independent companies as spin-offs gain traction as a strategy to unlock shareholder value, sharpen management focus,…
Shares in U.S. utility AES Corp. surged more than 12% in premarket trading Wednesday after reports that BlackRock-owned Global Infrastructure Partners (GIP) is preparing…
Dow futures plunged 150 points on Tuesday, as investors weighed political uncertainty in Washington against lingering concerns over economic growth. With Congress racing against…
Spotify announced on Tuesday that founder Daniel Ek will step down as chief executive officer at the start of 2026, transitioning to the role…
Celsius Holdings is set for additional gains as its core and acquired beverage lines strengthen across markets, according to Morgan Stanley. The investment bank…
Nvidia and AMD look set to ride a huge wave of growth as AI spending is expected to explode in the coming years. Citigroup…