TechCrunch : Intel spins out a new enterprise-focused GenAI software company

Intel spins out a new enterprise-focused GenAI software company

Intel, intent on making bigger moves in the market for AI-powered enterprise software, is spinning out a new platform company with the backing of Boca Raton, Florida–based asset manager and investor DigitalBridge.

Called Articul8 AI (an awkward abbreviation of “Articulate AI”), the new entity builds off a proof-of-concept from an Intel collaboration with Boston Consulting Group (BCG) early last May. Reuters reports that Intel, using its hardware and a combination of open source and internally sourced software, created a generative AI system that can read text and images — running inside BCG’s data centers to address BCG’s security requirements.

The system was developed within Intel over the course of two or so years. But it was more recently fine-tuned for BCG’s specific uses, according to CRN.

Initially, BCG was the sole go-to-market supplier and customer of the system. Over the last few months, however, Intel’s worked to scale the platform — which is optimized for Intel hardware but supports alternatives — to companies in financial services, aerospace, semiconductor, telecommunications and other industries that “require high levels of security and specialized domain knowledge,” according to an Intel spokesperson.

“Articul8’s gen AI software product was built from the ground up to address the needs of enterprises and is optimized for speed of deployment, scalability, security and sustainability — including costs,” the spokesperson told TechCrunch via email. “The Articul8 platform delivers AI capabilities that keep customer data, training and inference within the enterprise security perimeter. The platform also provides customers the choice of cloud, on prem or hybrid deployment.”

Arun Subramaniyan, formerly a VP and GM at Intel’s data center and AI group, will become the spinout’s CEO. The rest of the Articul8 team will also comprise ex-Intel employees, and Intel will retain an undisclosed stake in the firm.

Beyond Intel and DigitalBridge, which is publicly traded and a major investor in data centers, Articul8 investors include Fin Capital, Mindset Ventures, Communitas Capital, GiantLeap Capital, GS Futures and Zain Group.


“Intel and Articul8 will remain strategically aligned and Intel plans to leverage Articul8’s enterprise gen AI software for internal use cases as well as offer it to end customers as part of a joint go-to-market partnership,” the spokesperson said. “This collaboration will drive consumption of Intel compute offerings [and] Intel will continue to leverage Articul8’s AI domain knowledge and expertise as Intel continues to grow its footprint in the generative AI market.”

Reuters notes that Intel’s move to launch Articul8 is its latest endeavor to seek outside capital for business units. The chipmaker spun out car chip firm Mobileye, sold off its memory chip division and intends an eventual initial public offering of its programmable chip unit.

The spinouts are part of Intel’s strategy to raise capital for CEO Pat Gelsinger’s comeback plan, which involves building out new chip factories in the U.S. and Europe, as well as introducing new advanced chip manufacturing nodes within the next four years. In particular, Articul8 fits into Gelsinger’s plans to deliver new software products and services — including GenAI-powered products — that rival those from competitors like Nvidia and AMD and make Intel hardware more attractive for a range of applications.

The Information : OpenAI Offers Publishers as Little as $1 Million a Year

OpenAI Offers Publishers as Little as $1 Million a Year

THE TAKEAWAY
• OpenAI offers a range of $1 million to $5 million to some publishers
• Apple is offering more money but wants more latitude on content use
• More lawsuits from publishers against AI developers are likely

OpenAI has offered some media firms as little as between $1 million and $5 million annually to license their news articles for use in training its large language models, according to two executives who have recently negotiated with the tech company. That’s a tiny amount even for small publishers, which could make it difficult for OpenAI to strike deals.

Meanwhile, Apple, which is trying to catch up to OpenAI and Google in the generative artificial intelligence sector, is also trying to strike deals with publishers for use of their content, said one executive. Apple is offering more money but also wants the right to use content more widely than what OpenAI is seeking, according to a person familiar with the matter. Apple wants to be able to use content for future AI products in any way the company deems necessary, this person said.

For some in the industry, the efforts by OpenAI and Apple to negotiate AI licensing deals recall deals struck in the past decade by tech firms such as Facebook, now known as Meta Platforms, and Google to license news content for use on social media and in search. Those deals have left some publishers feeling burned, particularly as Facebook has reduced the importance it puts on news and has cut back on what it pays, hurting media businesses that had come to depend on the payments and traffic. That experience has prompted publishers to approach recent negotiations cautiously, ensuring they get good value for their content.

Last week The New York Times Co. sued OpenAI and its partner, Microsoft, which uses OpenAI’s tech in its products, for copyright infringement. The Times said in the lawsuit that it had tried to negotiate an agreement to “ensure it received fair value for the use of its content,” but the negotiations hadn’t led to a resolution. More such lawsuits are likely, predicted one executive this week.

OpenAI said in a statement that it respected "the rights of content creators and owners and are committed to working with them to ensure they benefit from AI technology and new revenue models." The company said it was "surprised and disappointed" by the Times' lawsuit and are "hopeful that we will find a mutually beneficial way to work together, as we are doing with many other publishers.”

OpenAI is holding talks with as many as a dozen publishers, executives say, hoping to strike deals similar to those it has already done with Axel Springer, publisher of Politico and Business Insider, and the Associated Press. The owner of ChatGPT has concentrated most recently on negotiating deals with owners of global news publications rather than firms that publish other types of content on subjects such as entertainment and lifestyle, said one executive. Details of the Axel Springer and AP deals couldn’t be learned, but Axel Springer is receiving tens of millions of dollars over several years, according to industry executives. Axel Springer declined to comment and the AP didn't respond to a request for comment.

Publishers may be able to pressure OpenAI to improve its terms by striking deals with rivals such as Apple. In recent weeks, Apple executives have told industry executives they are nearing AI deals with about a dozen media companies, this person said. Apple had offered multiyear deals worth at least $50 million to news organizations including NBC News, Condé Nast, which owns The New Yorker, and IAC, parent company of The Daily Beast, The New York Times reported. Apple didn't respond to a request for comment.

Then there’s Google. The search giant has developed its own LLMs it is rolling out to consumers and corporate customers, but it has fallen behind OpenAI and Apple in negotiating licensing agreements with publishers, a person familiar with the matter said. But Google has deeper ties than OpenAI and Microsoft to publishers through existing products like Google News, a major source of traffic for news sites. It also has bespoke agreements with some publishers, like The New York Times, under which the companies collaborate on distribution and advertising. A Google spokesperson didn’t comment.

AI developers use news content to help power question-and-answer chatbots or handle other information requests. Some of the large AI developers, as well as startups, have trained their LLMs on copyrighted works, AI practitioners say.

The Times is not the only publisher to sue LLM developers over copyright infringement. Comedian Sarah Silverman and other authors in July filed a lawsuit against Meta Platforms, alleging it had ripped off their intellectual property in its development of open-source LLMs. In November, a federal judge dismissed most of their claims, saying it was “nonsensical” to argue that Meta’s models couldn’t function without the information from the authors’ books.

The Times has a more compelling case than the other plaintiffs suing OpenAI because of the verbatim examples the publisher filed with the court, said Geoffrey Manne, president and founder of the International Center for Law and Economics, a think tank that advocates for policies promoting economic growth.

Because The New York Times registers all its printed articles with the U.S. Copyright Office, it’s entitled to higher penalties, or statutory damages, from copyright violators than an online publisher. With millions of registered articles, The Times could force OpenAI to pay it more than $750 million in damages.

>>> Europe : Brokers Upgrades & Downgrades - 4th of January 2024 V2(+)

>>> Up
* Con Edison Raised to Sector Weight at KeyBanc
* Endesa Raised to Buy at SocGen; PT 23.80 euros
* Generali Raised to Equal-Weight at Morgan Stanley
* Grifols Raised to Overweight at Barclays; PT 18 euros
* Siltronic Raised to Outperform at Oddo BHF; PT 120 euros (+)

>>> Down
* Capricorn Energy Cut to Hold at Jefferies; PT 160 pence
* EnQuest Cut to Hold at Jefferies; PT 14 pence
* Forterra Cut to Neutral at Citi; PT 170 pence
* Geberit Cut to Neutral at Goldman; PT 548 Swiss francs
* Maersk Cut to Neutral at JPMorgan; PT 14,400 kroner
* Man Group Cut to Hold at Panmure Gordon; PT 320 pence
* Mattel Cut to Neutral at Roth MKM; PT $20
* MTG Cut to Hold at ABG; PT 90 kronor
* Papa John's Cut to Sell at Stifel; PT $65
* PayPal Cut to Market Perform at Oppenheimer
* Pharos Energy Cut to Hold at Jefferies; PT 24 pence
* Sartorius Cut to Hold at Deutsche Bank; PT 315 euros
* Tenaris Cut to Hold at Jefferies; PT 18 euros
* Tenaris ADRs Cut to Hold at Jefferies; PT $39.60
* Tullow Cut to Underperform at Jefferies; PT 27 pence
* Wacker Chemie Cut to Hold at Stifel; PT 122 euros
* Worldline Cut to Equal-Weight at Barclays; PT 14.20 euros
* Zurich Ins. Cut to Underweight at Morgan Stanley

>>> Initiation
* Darktrace Rated New Hold at Investec; PT 375 pence (+)
* Electrolux Re-Initiated Underweight at Barclays; PT 92 kronor
* Elis Rated New Buy at Redburn; PT 26.80 euros
* HomeToGo Rated New Buy at Stifel; PT 4.60 euros
* Medincell Rated New Buy at Jefferies; PT 12 euros
* Volex Rated New Buy at Berenberg; PT 400 pence

>>> Call
* Forterra Downgraded to Neutral at Citi on Slow Volume Recovery
* Medincell Rated New Buy by Jefferies as ‘Best-Positioned’ Player (+)
* Tenaris Cut to Hold, Jefferies Sees Negative Earnings Momentum (+)
* Tullow Oil Among E&P Sector Rating Downgrades at Jefferies
* Zurich Cut, Generali Raised, AXA Top Pick at Morgan Stanley

>>> Stoxx 600 Pre-Market Indications

  • Diageo (GUI TH) +2.1%
  • Volvo Car (8JO TH) +2.1%
  • Rational (RAA TH) +1.5%
    • Rational Rated New Overweight at Barclays; PT 776 euros
  • BAT (BMT TH) +1.2%
  • Siemens Energy (ENR TH) +1.2%
    • Electrification May Underpin Siemens Energy’s GDP Outperformance
  • Leonardo (FMNB TH) +0.8%
    • Leonardo calls for reform of EU’s fragmented defense industry
  • Rio Tinto (RIO1 TH) +0.8%
  • Telefonica (TNE5 TH) +0.8%
  • Repsol (REP TH) +0.8%
    • Oil Rises for Second Day on Libyan Outages, Middle East Attacks
  • Axa (AXA TH) +0.7%
    • Zurich Cut, Generali Raised, AXA Top Pick at Morgan Stanley
  • Worldline (WO6 TH) -0.5%
    • Worldline Cut to Equal-Weight at Barclays; PT 14.20 euros
  • TUI (TUI1 TH) -0.6%
  • Adidas (ADS TH) -1.1%
  • Wacker Chemie (WCH TH) -1.4%
    • Wacker Chemie Cut to Hold at Stifel; PT 122 euros
  • Maersk (DP4B TH) -1.4%
    • Maersk Cut to Neutral at JPMorgan; PT 14,400 kroner
  • BE Semiconductor (BSI TH) -2%
  • Sartorius (SRT3 TH) -2.9%
    • Sartorius Cut to Hold at Deutsche Bank; PT 315 euros
  • Aixtron (AIXA TH) -4%
  • Evotec SE (EVT TH) -8.9%
    • Evotec’s Departing CEO Had Strong Execution Record: Street Wrap

>>> TradeGate Pre-Market Indications

DAX:
  • Siemens Energy (ENR TH) +0.9%
  • Porsche AG (P911 TH) +0.6%
  • Bayer (BAYN TH) +0.6%
  • Adidas (ADS TH) -1.2%
    • Adidas to Set Up Global Business Services Hub in India: ET
  • Sartorius (SRT3 TH) -2.4%
    • Sartorius Cut to Hold at Deutsche Bank; PT 315 euros
MDAX:
  • Siltronic (WAF TH) +1.6%
  • Nordex (NDX1 TH) +1.6%
  • Thyssenkrupp (TKA TH) +0.9%
  • SMA Solar (S92 TH) +0.8%
  • Aroundtown (AT1 TH) +0.7%
  • Wacker Chemie (WCH TH) -1.3%
    • Wacker Chemie Cut to Hold at Stifel; PT 122 euros
  • Aixtron (AIXA TH) -3.6%
  • Evotec SE (EVT TH) -6.6%
    • Evotec Slumps as Cowen Calls CEO Departure Disappointing (1)
SDAX:
  • Thyssenkrupp Nucera AG & Co KGaa (NCH2 TH) +1.4%
  • Eckert & Ziegler (EUZ TH) +1.1%
  • Heidelberger Druck (HDD TH) +1%
  • Draegerwerk (DRW3 TH) +1%
  • Schaeffler (SHA TH) +0.8%
  • Grenke (GLJ TH) -0.4%
    • Grenke FY Leasing New Business Volume EU2.58B

Business Of Fashion : How to Build a Luxury Outerwear Business

How to Build a Luxury Outerwear Business
Even as high-end demand slows, outerwear continues to be one of fashion’s most dynamic categories. Executives from Fusalp, Yves Salomon, C.P. Company, Mackage and Selfridges reveal their strategies.
France's retro-glam skiwear brand Fusalp is opening new stores in the US after passing €50 million in annual sales last year. (Courtesy)

Ten years on from Moncler’s initial public offering on the Milan bourse, outerwear remains one of luxury’s hottest categories.

As sales growth has stalled or even turned negative for many brands in recent months, the category’s biggest listed player, Moncler (which also owns Stone Island), reported a 17 percent increase in revenue over the first nine months of the year, excluding currency shifts. The company’s currently valued at €15.4 billion ($17 billion), higher than hundred-year-old rival Prada.

Some smaller companies are also beating the slowdown: French brand Yves Salomon said its 2023 sales rose by around 15 percent, surpassing €50 million. Skiwear specialist Fusalp also surpassed the €50 million mark in its last fiscal year, and says it is on track to grow around 20 percent to €67 million for the 12 months through next May.

Others have reported broadly flat sales this year after a post-pandemic surge. But brands like Italian outerwear group C.P. Company say they are taking advantage of the slowdown to retool distribution networks and restructure processes. C.P. says it has hired 40 new staff members at its headquarters to reinforce operations after sales rose from €8 million in 2015 to €120 million last year.

What are the forces driving luxury outerwear’s rise?
Investors have long been drawn to the elevated margin potential offered by luxury coatmakers. These companies’ profitability is often boosted by collections populated by a high share of timeless carryover styles, limiting markdowns, and they enjoy low price resistance, since many customers see nice coats as a reasonable indulgence, or even a necessary investment. One needs to stay warm, and the cost per wear tends to be appealing even for expensive models.

Now, those financial advantages are being boosted by a number of other trends that are lifting the outerwear category. BoF asked executives from Fusalp, Yves Salomon, C.P. Company, Mackage and Selfridges to reveal the key forces and strategies shaping the sector.

Focus on Ski
After years of sporty “gorpcore” brands dominating the ski-wear space, demand is surging for more glamorous propositions that blend the technical performance needed on the slopes with après-ski (and Instagram) appeal.

Fusalp, Perfect Moment and Goldbergh are among the brand’s whose more feminine, body-hugging, and fashion-forward skiwear are helping to drive sales, Selfridges’ fashion director Bosse Myhr said.

These brands are leveraging the social media appeal of the mountain: for instance, Fusalp, which rose to prominence designing the uniforms for French Olympians during the ski boom of the 1960s and ‘70s, has been hosting lavish influencer outings in the French Alps to help raise awareness of its heritage. Now it’s taking the marketing programme to Colorado, where it recently opened boutiques in Aspen and Vail. An exclusive event for influencers and top clients is set for early this year at Aspen’s Caribou Club, followed by a ski-day and dance party at glitzy Mountain Chalet.
Fusalp and Pucci's ski collaboration. (Courtesy)

Colourful collabs with the likes of Pucci — the vibrant resort brand which is leaning on Fusalp for help diversifying its business away from the beach — and Harry Nuriev’s Crosby Studios have amped up the brand’s glitzy, fashion-ski image.
Other players are also setting their sights on ski: since Carine Roitfeld helped luxury giant Chanel launch its first skiwear line, Coco Neige, in 2018, a handful of brands have followed suit including Prada (which relaunched its sporty Linea Rossa line the same year), Armani (which feted its new “Neve” line in St. Moritz last month), Balenciaga and Balmain.

Leaning Into Retail
In addition to its new locations in ski resorts, Fusalp has also opened flagships on Paris’ Avenue George V and New York’s Madison Avenue, seeking to ramp up the share of retail in its business following an investment by Chanel heir David Wertheimer’s Mirabeau Partners in 2022.

Its not the only one: the transition to retail has been a priority for outerwear investors, who are betting on the controlled-distribution strategies of handbag giants like Louis Vuitton as a means to boost margins and more tightly control inventory and brand image. The most notable proof-of-concept remains Moncler, whose retail strategy has pushed its EBIT margin as high as 34 percent — second only to Hermès among listed luxury players.
Mackage - Flagship Paris Saint-Honore - jan2023 Mackage opened its first European flagship store in Paris in late 2022. (Dominique MAITRE/Dominique MAITRE for WWD)

Canadian outerwear brand Mackage opened a flagship on Paris’ Rue Saint-Honoré and a boutique in the Alpine ski station in Mégève to complement its network of roughly a dozen retail stores in Canada and the US.

“My dream scenario would be to get to a 60-40 split of owned retail versus wholesale,” Mackage chief executive Tanya Golesic said. In addition to controlling prices, presentation and markdowns, a store gives coatmakers a chance to cross-sell to other categories, Golesic said. “More and more it’s about outfitting the client, providing the layering piece, or the piece of footwear that works back to their full look.”

C.P. Company, owned by Hong Kong’s Tristate Holdings, is also expanding in retail: a flagship in Paris’ Marais is in the works for this summer, while 2023 saw the opening of locations in Manchester, Cannes and Lyon.
Tailoring’s Rise

Another force driving luxury outerwear sales beyond technical pieces is customers’ rising hunger for tailored styles.
Think of the graceful felted coats seen on Gwyneth Paltrow during her viral courtroom appearances last spring.

That trend, and the broader “quiet luxury” discourse surrounding it, has been a boon to coatmakers like Italy’s Max Mara and France’s Yves Salomon for women, while Tom Ford and Loro Piana have seen increased success selling this sort of style to men, Myhr said.
Tailored shearling coats like this have helped Yves Salomon diversify away from fur.

Salomon, a prominent furrier who still produces furs as the supplier for brands including Dior, says the success in tailored coats is the result of years of work to diversify its workshops’ capacities. As fur became a more controversial, niche pursuit, his brand has sought to round out its offer with more shearling and wool pieces, offering ladylike tailored styles that fit closer to the body, as well as adding ready-to-wear and knitwear. Luxe fabrication meets competitive price points (for luxury), with some cashmere coats and leather trenches priced below €2,000.

>>> Europe : Brokers Upgrades & Downgrades - 4th of January 2024

>>> Up
* Con Edison Raised to Sector Weight at KeyBanc
* Endesa Raised to Buy at SocGen; PT 23.80 euros
* Generali Raised to Equal-Weight at Morgan Stanley
* Grifols Raised to Overweight at Barclays; PT 18 euros

>>> Down
* Capricorn Energy Cut to Hold at Jefferies; PT 160 pence
* EnQuest Cut to Hold at Jefferies; PT 14 pence
* Forterra Cut to Neutral at Citi; PT 170 pence
* Geberit Cut to Neutral at Goldman; PT 548 Swiss francs
* Maersk Cut to Neutral at JPMorgan; PT 14,400 kroner
* Man Group Cut to Hold at Panmure Gordon; PT 320 pence
* Mattel Cut to Neutral at Roth MKM; PT $20
* MTG Cut to Hold at ABG; PT 90 kronor
* Papa John's Cut to Sell at Stifel; PT $65
* PayPal Cut to Market Perform at Oppenheimer
* Pharos Energy Cut to Hold at Jefferies; PT 24 pence
* Sartorius Cut to Hold at Deutsche Bank; PT 315 euros
* Tenaris Cut to Hold at Jefferies; PT 18 euros
* Tenaris ADRs Cut to Hold at Jefferies; PT $39.60
* Tullow Cut to Underperform at Jefferies; PT 27 pence
* Wacker Chemie Cut to Hold at Stifel; PT 122 euros
* Worldline Cut to Equal-Weight at Barclays; PT 14.20 euros
* Zurich Ins. Cut to Underweight at Morgan Stanley

>>> Initiation
* Electrolux Re-Initiated Underweight at Barclays; PT 92 kronor
* Elis Rated New Buy at Redburn; PT 26.80 euros
* HomeToGo Rated New Buy at Stifel; PT 4.60 euros
* Medincell Rated New Buy at Jefferies; PT 12 euros
* Volex Rated New Buy at Berenberg; PT 400 pence

>>> Call
* Forterra Downgraded to Neutral at Citi on Slow Volume Recovery
* Tullow Oil Among E&P Sector Rating Downgrades at Jefferies
* Zurich Cut, Generali Raised, AXA Top Pick at Morgan Stanley

>>> What to look at today - 4th of January 2024

Stocks in Asia dropped, with weakness in China adding to the risk-off mood after Federal Reserve meeting minutes indicated interest rates will remain elevated for longer. A gauge for regional shares slid for a third straight session as benchmarks declined from Australia to South Korea, with Chinese stocks also in a three-day losing streak. Japan’s Topix Index turned higher, reversing early losses on the first trading day of the new year after a holiday break. US stock futures gained slightly in Asia after the S&P 500 ended Wednesday 0.8% lower, extending a run of daily declines that began on the last trading day of 2023. The Nasdaq 100 fell 1.1%, a fourth daily drop, and the longest losing streak in two months. Attention will now turn to upcoming US jobs data on Friday after minutes from the Fed’s December meeting suggested rates could remain at restrictive levels “for some time.” Swaps traders have been reining in their bets on rate cuts after factoring in a full quarter point cut to the benchmark rate by the March meeting. Chinese stocks were the biggest drag in Asia following a report that showed wages offered to Chinese workers in major cities declined by the most on record. The CSI 300 benchmark extended a two-day decline to fall 1.4%. The selling came even as a private gauge of the country’s services activity climbed to the highest in five months in December.  Meantime, Chinese government bond yields fell to the lowest in more than three years, while the offshore yuan was steady. The People’s Bank of China weakened Wednesday’s currency fixing by the most in over six months, a sign policymakers may have shifted their focus from stabilizing the currency to monetary easing. The country’s finance minister said government spending will rise this year. Chinese equities are “still trying to find a bottom” and likely to “stay weak in January,” said Redmond Wong, a market strategist at Saxo Capital Markets. “I will not short the China/Hong Kong markets here but need confirmation for a meaning rally.” In currencies, a gauge measuring dollar strength was little changed after advancing for a fourth straight session Wednesday, its best run since November. The yen traded over 143 per dollar after weakening almost 1% against the greenback in the prior session.
The Japanese currency is coming under renewed pressure as the recent powerful earthquake makes it harder for the central bank to abolish negative interest rates.  Treasuries were mostly steady in Asia, following declines from one of the worst opening days to a year on record. The 10-year Treasury yield inched one basis point lower to 3.9% Wednesday as the Fed minutes showed the possibility of slowing the pace of quantitative tightening.  US manufacturing data on Wednesday showed activity remained in contraction. Separate figures showed the number of job openings fell slightly in November from the prior month’s revised number in a sign of labor market softening. Elsewhere, geopolitics remained in focus. Iran said attacks that killed almost 100 people in the country were carried out to punish its stance against Israel, intensifying tensions in the region. The tensions supported crude, which climbed further Thursday. Oil prices were also buoyed by supply disruptions in Libya and a statement from OPEC pledging to stabilize prices.  A slump in Bitcoin saw the cryptocurrency erase almost all gains it had made so far this year. Gold edged higher. US After Hours RGP +5.2% higher on earnings; CALM -6.5% slips on earnings; ABBV -2.2% slips as CVS Caremark to remove Humira from formularies; SAVE +2% on sale-leaseback transactions.

Nikkei -0.53% Hang Seng -0.14% CSI -0.87% Shanghai -0.39% Shenzen -0.77%

Eur$ 1.0928 CNH 7.1645 CNY 7.1557 JPY 143.78 GBP 1.2669 CHF 0.8490 RUB 91.6447 TRY 29.7886 WTI$ 73.37 +0.97% Gold 2,045 +0.16% BTC 43,150 +0.50% ETH 2,240 +0.50%

S&P +0.11% Nasdaq +0.13% EuroStoxx +0.22% FTSE +0.10% Dax +0.20% SMI +0.36%

Macro :
- Hedge Funds Cashed In on 2023 Rally, Retail Missed It, BofA Says
- Fed Sees Rates Staying High for Some Time With Cuts Eyed in ’24
- World’s Biggest Banks Made $3 Billion on Green Debt in 2023
- Oil Rises on Middle Eastern Turmoil, Libyan Supply Disruption
- U.S. Investor Bull-Bear Spread 25.1: AAII

Keep an eye on :
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- LDO IM : Leonardo calls for reform of EU’s fragmented defence industry
- LBPH US : Longboard Said to Price Upsized $210M Share Sale at $21 Each
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- RR/ LN : Rolls-Royce Needs Share to Power Profit Through the Decade's End
- SIFG NA : SIF Says Empire Offshore Wind Terminated Contract
- SIGNA (SDSELE) : Signa Units Seek Bridge Funding From Existing Investors: Spiegel
- SLIGR NA : Sligro FY Sales Meets Estimates
- STLAM IM : GM, Other Carmakers See High Rates, Prices Dent Sales Growth
- UHR SW : Rolex Is Hiking UK Watch Prices With US Pricing Unchanged
- TEF SM : Telefonica: Unions Agree to Pact Including Up To 3,421 Job Cuts
- 700 HK : Tencent Buybacks Hit Record as China Watchdog Roiled Markets