>>> TradeGate Pre-Market Indications

DAX:
  • Siemens Energy (ENR TH) +1.1%
    • Siemens Energy to Take Over Camlin Group; No Terms
  • Beiersdorf (BEI TH) +1.1%
  • Deutsche Post (DHL TH) +1%
MDAX:
  • Salzgitter (SZG TH) +3.2%
    • Salzgitter Raised, Voestalpine Cut in Steel at Morgan Stanley
  • TUI (TUI1 TH) +2.2%
  • Puma (PUM TH) +1.3%
  • Nordex (NDX1 TH) +1.2%
  • Lufthansa (LHA TH) +1.2%
SDAX:
  • Grenke (GLJ TH) +2.5%
  • Verve Group (VRV TH) +1.7%

>>> US After Hours Summary: HPE +36.5% soaring on strong results and guidance; M

After Hours Summary: HPE +36.5% soaring on strong results and guidance; MCHP +10.4% on data center business update; CRDO -10.3% lower on earnings

After Hours Gainers:

Companies trading higher in after hours in reaction to earnings/guidance: HPE +36.5%, DHC +2.2% (increases guidance),

Companies trading higher in after hours in reaction to news: MCHP +10.4% (expects revenue of $500 mln in CY26 for its Data Center Solutions Business Unit), PENG +5.4% (CFO to step down; sees FY26 results at high end of guidance), AVGO +3.3% (showcases broadband edge AI portfolio), OBE +2.7% (provides an update to its 2026 capital program and guidance), FLR +2.6% (notice to proceed for proposed Phase 2 expansion of LNG Cnada facility), AD +1.5% (closes license agreement with Verizon; declares $11/sh special dividend), RMD +0.8% completes acquisition of Noctrix Health), HNRG +0.7% (acquires 460 MW of Siemens Turbines for $350 mln), MLI +0.5% (2-for-1 stock split), SAM +0.3% (expects lower interest expense in Q2), LHX +0.1% (awarded $495 mln Army contract modification)

After Hours Losers:

Companies trading lower in after hours in reaction to earnings/guidance: CRDO -10.3%

Companies trading lower in after hours in reaction to news: FULC -48.9% (to discontinue its pociredir program for the treatment of SCD; initiates review), ABVX -35% (Phase 3 ABTECT Maintenance Trial results evaluating Obefazimod in moderately to severely active ulcerative colitis), PRAX -10.5% (provides vormatrigine program update), XMTR -8.9% (stock offering), AVEX -8.1% (stock offering; also stock offering by holders), ASYS -7% (stock offering), CSR -5.5% (optimization and deleveraging plan), NU -4.2% (appoints new CFO), GOOG -1.9% (proposed $80 bln equity capital raise to expand AI infrastructure and compute; Includes agreement by Berkshire Hathaway to invest $10 bln in company in private placement), NOG -1.3% (files mixed shelf offering), XNDU -0.9% (stock offering by selling shareholders), AWK -0.7% (completes purchase of Nexus Water Group Systems in eight states), VRRM -0.7% (CEO to step down), TTWO -0.2% (files for 329,949 share common stock offering, relates to stock incentive plan), LPX -0.2% (CFO to retire; names successor)

>>> La Lettre 01/06/2026

La Lettre — 01/06/26

Résumé français

FINANCE — Tikehau Capital accélère ses cessions dans l’aéronautique. Quatre candidats (dont Chequers Capital, Fives, Mubea) ont remis des offres de deuxième tour pour racheter Aries Industries, équipementier aéro mis en vente en mars. Offre ferme attendue d’ici mi-juin via Houlihan Lokey. Le PDG Mathieu Pacault privilégie un fonds en vue d’une IPO à trois ans. Aries (CA ~100 M€, 230 salariés) avait frôlé la liquidation en 2020 avant son rachat par Tikehau via Ace Management. En parallèle, Tikehau met aussi en vente Elvia Electronics (circuits imprimés, CA ~70 M€, 438 salariés), acquis en 2022. Ces cessions visent à rattraper le retard du fonds Ace Aéro Partenaires (31 M€ cédés à mi-parcours contre >1 Md€ budgétés en 2025).

POLITIQUE — Catherine Chabaud quitte la présidence du Yacht club de France. La ministre de la mer abandonne la double casquette qui avait provoqué une fronde des adhérents, son cumul soulevant un conflit d’intérêts sur la fiscalité des yachts. Démission actée par courrier du 19 mai ; Patrick Simon-Letertre devrait lui succéder en septembre.

PARLEMENT — L’ancien médecin du Sénat interdit d’exercer. El Hassan Lmahdi, éclaboussé par l’affaire de la “sextape” au Sénat, a été sanctionné le 19 mai par l’Ordre des médecins d’Île-de-France : un an d’interdiction d’exercer dont six mois ferme, pour violation du secret médical et de ses engagements d’exclusivité.

ENTREPRISES (Énergie) — La saturation du réseau Enedis inquiète les collectivités. Les raccordements de projets renouvelables sont à l’arrêt sur ~10 % du réseau. La FNCCR a réalisé sa propre cartographie, pointant trois zones engorgées (Centre-Val de Loire, Pays-de-la-Loire, Tarn-et-Garonne). Contexte de surcapacité électrique et de repli des objectifs solaires dans la PPE de février 2026, alors qu’Enedis vise désormais la « grande électrification » (plan 2030).

MÉDIAS — OpenAI et Google approchent les patrons de presse. En marge du Congrès mondial des médias à Marseille, des représentants des deux géants (Tom Rubin, OpenAI ; Sulina Connal et Varun Shetty, Google) ont rencontré en “off” des éditeurs internationaux, CMA CGM et WAN-IFRA espérant un “new deal”. Arthur Mensch (Mistral AI) a annulé sa participation, signe que la presse n’est pas sa priorité.

English summary

FINANCE — Tikehau Capital steps up aerospace divestments. Four bidders (including Chequers Capital, Fives, Mubea) submitted second-round offers for Aries Industries, an aero supplier put up for sale in March. Binding offers are due by mid-June via Houlihan Lokey. CEO Mathieu Pacault favors a fund with a three-year IPO horizon. Aries (~€100M revenue, 230 staff) narrowly escaped liquidation in 2020 before Tikehau acquired it through Ace Management. Separately, Tikehau is also selling Elvia Electronics (PCBs, ~€70M revenue, 438 staff), bought in 2022. The disposals aim to make up lost ground at the Ace Aéro Partenaires fund (only €31M divested at mid-point versus a >€1bn 2025 budget).

POLITICS — Catherine Chabaud relinquishes the Yacht Club de France presidency. The maritime minister gave up the dual role that had triggered a members’ revolt, the overlap raising a conflict of interest over yacht taxation. Resignation confirmed by a 19 May letter; Patrick Simon-Letertre is expected to succeed her in September.

PARLIAMENT — Former Senate doctor barred from practice. El Hassan Lmahdi, caught up in the Senate “sextape” affair, was sanctioned on 19 May by the Île-de-France medical board: a one-year practice ban (six months firm) for breaching medical confidentiality and his exclusivity commitments.

COMPANIES (Energy) — Enedis grid saturation worries local authorities. Renewable project connections are stalled across ~10% of the network. The FNCCR mapped the congestion itself, flagging three bottlenecked regions (Centre-Val de Loire, Pays-de-la-Loire, Tarn-et-Garonne). This comes amid electricity overcapacity and scaled-back solar targets in the February 2026 PPE, even as Enedis now targets “mass electrification” (2030 plan).

MEDIA — OpenAI and Google court press bosses. On the sidelines of the World Media Congress in Marseille, representatives of both giants (Tom Rubin, OpenAI; Sulina Connal and Varun Shetty, Google) met international publishers “off” the record, with CMA CGM and WAN-IFRA hoping for a “new deal.” Arthur Mensch (Mistral AI) cancelled his appearance — a sign the press is not his priority.

>>> Michael Burry just said Elon Musk and Nvidia's deal is built on fake numbers



From: Laurent Chekroun (MAKOR CAPITAL MARKET) At: 06/01/26 06:59:22 UTC+2:00
Subject: >>> Michael Burry just said Elon Musk and Nvidia's deal is built on fake numbers
Michael Burry just said Elon Musk and Nvidia's deal is built on fake numbers.

Burry published a detailed breakdown calling the entire structure "Fugazi", his word for fake.

He is alleging that billions of dollars in Nvidia chips are being hidden off balance sheets, and that American retirees are unknowingly funding the whole thing.

Nvidia, the world's largest AI chip company sold $5.4 billion worth of its most advanced GPUs, the GB200, to a company called Valor.

Valor is not a real operating business. It is a special purpose vehicle, a shell company created specifically to hold these chips and nothing else. Nvidia also invested $1.9 billion of its own money directly into Valor on top of the sale.

Those 100,000+ chips are now physically inside xAI's data center. xAI is Elon Musk's artificial intelligence company, the one that builds Grok. xAI is using every single one of those chips right now to run its AI models.

But here is what Burry is flagging.

Neither Nvidia nor xAI owns those chips on paper. Valor, the shell company holds legal title. That means $5.4 billion in GPU assets do not show up on Nvidia's balance sheet as inventory.

They do not show up on xAI's balance sheet as assets. They are legally invisible to both companies.

Nvidia gets to book the $5.4 billion as a completed sale and record it as revenue. xAI gets full use of the chips without owning them. And the risk disappears into a shell company in the middle.

Now here is where American retirees enter the picture.

Valor needed $3.5 billion in debt to fund this structure. Apollo provided it. Apollo is one of the largest asset managers on earth with $1.03 trillion under management and $834 billion specifically in private credit.

Apollo raised the $3.5 billion, packaged it into debt securities, and sold those securities to Athene.

Athene is Apollo's own insurance company. It sells fixed and indexed annuities, retirement savings products, to ordinary Americans.

When a retiree buys an Athene annuity, they believe their money is sitting in safe, stable investments. That money is now inside a structure funding Elon Musk's AI data center.

The numbers inside Athene are most alarming.

Athene holds $74.2 billion in reserves. It has moved $217 billion in assets into a captive insurer based in Bermuda, meaning those assets sit outside normal US insurance regulation and oversight.

Of the entire portfolio, 34.7%, equal to $103 billion, is classified as Level 3 assets.

Level 3 is an accounting classification that means there is no observable market price for these assets. No outside party can independently verify what they are actually worth.

The leverage sitting on top of those unpriced assets is 16 times.

Burry's says:
Every step of this structure is technically legal and publicly disclosed. But the entire thing was deliberately engineered across 8 to 12 steps to move credit risk off balance sheets and away from any market pricing.

- Nvidia books the revenue.
- Apollo collects the fees.
- xAI gets the computing power.
- And retirees sitting at the bottom of a 16x leveraged Bermuda insurance structure, holding $103 billion in assets with no market price carry the risk without knowing it exists.

NYT : It’s a tough time for Germany.

It’s a tough time for Germany.
A year into Chancellor Friedrich Merz’s tenure, his approval ratings are low and the coalition government he leads is roundly disliked. Capitalizing on widespread discontent, the far-right Alternative for Germany is rising in the polls, inching closer to power. To make matters worse, America, in a Trumpian tantrum, has announced a withdrawal of troops from the country, endangering its bedrock geopolitical relationship. All the features that defined Germany’s recent past — political stability, social cohesion and Atlanticist foreign policy — are under threat.

Yet underlying all these problems is a more profound one. The German economy, once known for its efficiency, orderliness and stability, is in a terrible mess. It’s not just that the numbers are dire, though the country has basically been in a recession for three years. Or that every week or so, another famous old company announces thousands of layoffs (the latest was Commerzbank, founded in 1870). Or that last month, the venerable weekly Die Zeit ran a series called “Where Germany still works” — which means the situation must be pretty bad indeed.

No, the worst of it is that our dynamic economy gave postwar Germany a sense of identity. For all our flaws, we had a country that functioned better than others. Now it doesn’t anymore, and we’re mystified. Yet a better economy is possible. It might not alter the country’s political trajectory, and it certainly won’t placate an aggrieved President Trump. But it can turn the tide on stagnation and restore the fabled resilience of German businesses.

Commentators tend to focus on today’s troubles. The economy’s rise and fall is a much older story, though. At its most prosperous, Germany was a high-tax, high-wage, big-bureaucracy country — something to remember for those whose recipe for renewal is simply to cut the cost of doing business. In the postwar decades of vigorous growth, the economy itself resembled the kind of product that it so excellently manufactured, an expensive and highly complicated machine whose cogs meshed.

Those cogs included an education system geared toward supplying businesses with technically proficient workers; managers trained as engineers or scientists rather than as generalists; banks and insurers with major stakes in the largest companies and focused on long-term goals over short-term profits; and stable labor relations that offered workers secure and well-paid jobs as well as a vote in key decisions. Together, these elements contributed to the technological superiority long associated with the Made-in-Germany brand.

Yet when the American economy pulled ahead in the 1990s, fueled by the financial muscle of Wall Street and the fierce entrepreneurialism of Silicon Valley, we ran out of ideas. Eager for something new, the economy opened up to foreign capital: Banks and insurers sold their stakes in German companies and corporate executives targeted international investors. In an attempt to regain competitiveness, the government of Gerhard Schröder reformed the country’s rigid labor market and did away with some of the protections that workers had enjoyed.

On the face of it, Germany thrived in the first two decades of the new century, weathering the financial crisis better than others and hanging on to its industrial core. But in hindsight, the country was on borrowed time. Automakers, for instance, sold millions of cars in East Asia but failed to invest in a much-needed transformation to electric vehicles. The same mix of risk aversion and short-termism characterized other German companies, too. What kept the profits coming was a combination of cheap Russian gas, a booming Chinese market and the multilateral free-trade order led by the United States.

That order is now gone, sundered by American protectionism, Chinese competition and the disruption from artificial intelligence. But the setback needn’t be fatal. The country can overhaul its business model, re-equipping the successful elements of the old system for a newly hostile environment. There are three key areas to focus on.
First, the financing. Many German corporations are now majority-owned by non-German investors, and some of the country’s vital Mittelstand firms — family-owned medium-size enterprises — have been taken over by private equity or other outside money. The influence of detached investors focused primarily on financial results can be beneficial, of course. But it’s gone too far. Established companies need the kind of solid backing that would allow them to plan for the long term, and young companies need patient nurturing.

The government seems to agree. Recognizing that too many of the country’s enormous financial resources are languishing in real estate holdings or fixed-income assets or personal savings accounts, it has established an investment initiative named “Deutschlandfonds.” Designed to support private investors who want to put money into growth industries and other strategically important fields, the fund is a step in the right direction. More can surely be done.

Then there’s education. The country’s famous dual-vocational system, which allows students to complete their schooling in the workplace, long ensured that industry got the kind of skilled labor it needed. But the system now lacks applicants, partly because of demographic decline and partly because too many young people choose to pursue other careers. Germany’s high school students, what’s more, are struggling in the very subjects that the country used to excel in: math and natural sciences.

Overall, Germany is not investing enough in education — and not enough of the money that’s invested goes toward promoting the scientific and technological excellence that the economy so badly needs. Technical universities that have produced legions of Nobel laureates are consistently placed behind better-funded rivals elsewhere. A return to the audacious research projects of the past, typically a collaboration between government, academia and private enterprise, would be a start.

Finally, the labor market. The country’s welfare state has become too expensive, and Germans will need to work longer hours and more years to sustain it. Yet changes should be pursued in the spirit of “Sozialpartnerschaft,” the consensus-based labor relations that played an important role in the postwar economy. Mutual trust has been eroded in recent decades, for which both parties share responsibility. Business leaders squandered good will by awarding themselves lavish salaries while the unions too often refused even minor compromises and readily reverted to class-war language.

The advent of artificial intelligence, intriguingly, might help. Given the scale of the United States’ technological lead, it may sound naïve to suggest that Germany could claim a share of the pie. But artificial intelligence is well suited to complement the country’s traditional strengths in high-quality engineering. And an approach that takes labor interests into account could secure a desirable result: technology that improves the work of humans rather than replaces them en masse.

There is no returning to the past, of course. Yet something precious has been lost: an innate confidence in the country’s strengths. Today, the mood in Germany seems way too bleak. What’s missing is a cleareyed sense of where we should be heading. To adapt, the economy — still the world’s third-largest — needs smart investment, public support and a healthy dose of self-belief. That won’t end the country’s problems, but it could put us back on the path to prosperity.
Konstantin Richter is a journalist and author, most recently, of “Dreihundert Männer,” an account of the rise and fall of corporate Germany.

>>> Europe : Brokers Upgrades & Downgrades - 1st of June 2026 V2(+)

>>> Up
* American Air PT Raised to $24 from $20 at Morgan Stanley
* Ariston Raised to Equal-Weight at Barclays; PT 3.30 euros
* Cadeler Raised to Buy at SB1 Markets; PT 70 kroner
* Delta Air Lines PT Raised to $105 from $90 at Morgan Stanley
* Deutsche Post PT Raised to 61 euros at Bankhaus Metzler (+)
* GRID LN Raised to Overweight at JPMorgan
* Magyar Telekom Raised to Outperform at Oddo BHF; PT 3,300 forint
* Segro Raised to Buy at Goldman; PT 900 pence
* Southwest Air PT Raised to $60 from $55 at Morgan Stanley
* Swissquote Raised to Neutral at UBS; PT 42.50 Swiss francs
* United Airlines PT Raised to $182 from $150 at Morgan Stanley
* Vusion Raised to Outperform at BNP Paribas; PT 180 euros (+)

>>> Down
* Avio Cut to Hold at Equita; PT 46 euros (+)
* BioMerieux Cut to Neutral at UBS; PT 80 euros

>>> Initiation
* RVRC Holding Rated New Buy at Pareto Securities; PT 75 kronor (+)
* SDI Group Rated New Buy at Canaccord; PT 145 pence (+)
* Zegona Communications Rated New Buy at Bestinver; PT 2,300 pence (+)

>>> Call
* Goldman Sachs Strategists Raise Targets for European Stocks
* JPMorgan Says Stocks Can Extend Gains Despite Fresh Highs
* Morgan Stanley’s Wilson Sees Boost for Some Cyclical Pockets

>>> What to look at today - 1st of June 2026

Stocks rose to a record as investors doubled down on the artificial intelligence trade that’s powered equities to all-time highs. Oil climbed as a US-Iran ceasefire deal remained elusive. The MSCI All Country World Index, the broadest measure of global equities, advanced 0.2%, with Asian shares climbing 1% to an all-time high. Gauges in South Korea and Taiwan — bellwethers for AI investments — and the Nikkei in Japan all hit records.
SoftBank Group Corp., whose investments include chip designer Arm Holdings Plc and ChatGPT maker OpenAI, surged as much as 11%, putting it on track to become Japan’s most valuable company. LG Electronics Inc. jumped 30%. Sentiment was further buoyed by a 0.5% gain in Nasdaq 100 Index futures after Wall Street benchmarks closed at records on Friday.  Weighing on the mood, however, was a rally in oil prices. Brent climbed over $93 a barrel as Middle East tensions remained elevated and efforts to reopen the Strait of Hormuz showed little progress. That sent Treasuries lower across the curve, while European shares were set for a weaker start. The dollar, the haven of choice since the US-Israel war on Iran started, strengthened for the first time in three sessions. Relentless enthusiasm for the AI trade continued to propel global equities toward record highs, helping lift South Korea’s market to the top of global performance rankings this year. Still, oil’s rebound on Monday after its steepest monthly drop in more than six years is reviving concerns about energy-driven inflation and could complicate the recent recovery in global bond markets. Offsetting war worries has been unbounded enthusiasm for sectors touched by the AI trade. The Philadelphia Stock Exchange Semiconductor Index, or SOX, is on pace for its best quarter ever after soaring 69% in the past two months. Chips are the best-performing sector in the S&P 500 this year by a wide margin. Micron Technology Inc.’s shares have more than tripled this year. In Asia, SK Hynix Inc. has soared 260%, and Samsung Electronics Co. is up over 180%. If anything threatens the upward arc, it’s the velocity of the advance itself, according to Laurent Lamagnere, deputy CEO at Alphavalue in Paris. In other corners of the market, the yield on the benchmark 10-year Treasury climbed three basis points to 4.47%. Yields on government bonds of similar maturity in Australia and Japan also climbed. Futures of similar-tenor debt in France and Germany declined. Gold slid 0.6% to trade around $4,510 an ounce. During the weekend, an Iranian ballistic missile strike on a Kuwaiti air base caused minor injuries to several Americans, while Israel stepped up its offensive against the Tehran-backed Hezbollah in Lebanon. The US also conducted “self-defense strikes” on Iranian radar and command and control sites for drones in Goruk, Iran and Qeshm Island this weekend. Meanwhile, the US and Iran exchanged messages seeking amendments to a draft agreement that would extend the ceasefire and reopen the Strait of Hormuz, though it remained unclear whether talks were making much progress. On Friday, US President Donald Trump posted on social media he was ready to make a “final determination” on a preliminary agreement to extend the ceasefire. Hours later, he left the Situation Room meeting without any decision being made, the New York Times reported. Amendments to the deal continue to be proposed by both sides, though both the US and Iran might ultimately reject the changes and the deal would collapse, the semi-official Tasnim news agency reported Sunday. 

Nikkei +0.71% Hang Seng +0.88% CSI -0.55% KOSPI +4.56% Shanghai -0.12% Shenzen -0.05%

Eur$ 1.1650 CNH 6.7669 CNY 6.7683 JPY 159.47 GBP 1.3456 CHF 0.7831 RUB 71.2863 TRY 45.9146 WTI$ 89.52 +2.45% Gold 4,510 -0.64% BTC 73,341 -0.40% ETH 1,996 -0.42%

S&P +0.29% Nasdaq +0.59% EuroStoxx -0.18% FTSE -0.39% Dax -0.09% SMI -0.35%

Macro :
- EU Weighs Temporary Freeze on Russia Oil Price Cap Over Iran War
- Germany Defends Streaming Law After US Cries Trade Deal Foul
- NATO Military Head Says No ‘Drama’ With US, Good on Spending
- US Moves to Close AI Chip Loophole for China Firms Abroad: Rtrs
- French May New Car Registrations Rise 3.7%: PFA Association

Keep an eye on :
- AMZN US : Jeff Bezos Promises To Be 'Back To Flight' And Get To The Moon Step-By-Step After Explosion Setback, Thanks NASA Administrator
- Anthropic IPO : Anthropic Cuts Unauthorized Platform List by Half After Pushback
- BNTX US : BioNTech Drug Shows ‘Encouraging’ Efficacy in Lung Cancer Study
- BP: LN : BP’s High-Stakes Reboot Has Descended Into Ugly Boardroom Drama
- CSG NA :! CSG Still Pursuing Stake in Franco-German Tank Maker KNDS: FT
- DSY FP : Dassault Systemes Falls as BMW Sign Deal With Mistral
- DELL US : Dell Soars Most Since 2018 on Outlook Fueled by AI Servers
- EZJ LN : EasyJet Draws Takeover Interest From Investment Firm Castlelake
- EDF FP : EDF power solutions North America Signs Agreement with Southern California Public Power Authority for Solar Project
- LLY US : Lilly Treatment Meets Endpoint in Ph. 3 Lung Cancer Study
- EQT US : EQT-Backed Statera Said to Weigh Sale of UK Battery, Gas Assets
- EQT SS : Envirotainer Is Good Candidate for Listing, EQT CEO Tells DI
- 000500 KS : Gaon Cable to Supply 1.2t Won of Google AI Center Parts: Daily
- RMS FP : French prosecutors widen probe into alleged €14bn Hermès share fraud - FT
- HIAB FH : Hiab Agrees to Acquire Labrie Environmental for $1.04 Billion
- IDIA SW : Idorsia Says Aprocitentan Reduced Albuminuria in Phase 3 Study
- INTC US : Intel targets Nvidia with new AI chip by year end
- JNJ US : J&J Phase 3 Prostate Cancer Study Meets Primary Endpoints
- MBG GY : Mercedes-Benz Risks US Ban Under Bill Restricting Chinese Cars
- META US : Meta Plans AI Pendant as Part of Wearables Roadmap: Information
- MKC US : Activist Toms Capital Takes Stake in McCormick After Deal
- MSFT US : Microsoft is building a super app that combines coding, chat, and other Copilot AI tools
- NG/ LN : National Grid Files Gas Delivery Rate Freeze
- NIO US : NIO Inc. May Deliveries 37,705 Vs. 29,356 M/M
- 7201 JP : *Nissan Japan Sales Fell 15.7% on Year in May
- NOCVN SW : Sandoz Says EU Risks China Dependency for Antibiotic Imports: FT
- NVDA US : Nvidia Enters Windows Laptop Market, Taking On Intel and AMD
- NVDA US : Nvidia Says Anthropic, OpenAI Among Big Users of New Vera Chip
- OCS US : Oculis Stock Tumbles as Eye Drop Studies Miss Endpoint
- Open AI IPO : OpenAI Said to Discuss Adding Citigroup, JPMorgan to IPO Lineup
- RVMD US : RevMed Drug Delays Painful Cancer Symptoms While Extending Life
- RIO LN : Rio Tinto Rises on Smelter Expansion, Canada Investment
- ROP SW : Roche Moves Weight Management Drugs to Phase 3
- ROS AV : Hiab Agrees to Acquire Labrie Environmental for $1.04 Billion
- SKAB SS : Skanska Gets $498m Contract for New York Subway Work
- SRG IM : Snam's Dividend Gains Are Sustainable Against Rising Investments
- 9984 JP : SoftBank Pledges €75b to Build AI Facility in France: FT
- SLR SM : Solaria Data-Center Services Can Sustain 25%-Plus Ebitda Growth
- SPCX US : SpaceX Wins $4 Billion Contract for US Golden Dome Satellites
- STLAM IM : Peugeot Revival Takes Hold on EV Demand Surge in France, Germany
- 2382 JP : Kuo: Apple’s iPhone camera roadmap includes a costly upgrade - 9to5
- SYR AU : Syrah Shares Surge 41% as Offtake Dispute With Tesla Is Resolved
- TMHC US : Berkshire to Acquire Taylor Morrison for $72.50 A Share in Cash
- UCB BB :UCB, Biogen Say Dapirolizumab Pegol Met Phase 3 Primary Endpoint
- UMG NA : Universal Music Declines Pershing Square Proposal
- VIV FP : Universal Music Rejects Ackman’s Offer as Too Low
- VIC VN : Vingroup to Invest $13 Million in US Humanoid Robotic Company
- XPEV US : Xpeng May Vehicle Deliveries 32,158 Units
- YUM US : Yum Said to Be in Exclusive Talks to Sell Pizza Hut to LongRange