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Goldman Downgrade Weighs on China Mobile as 5G Expansion Pace Slows
China Mobile shares fell 2.1% in Hong Kong after Goldman Sachs cut its rating to Neutral, citing a cooler outlook for 5G base station deployments in 2026 and 2027.
FedEx-Led Consortium Offers €7.8B for InPost, Shares Surge 14%
InPost shares jumped 14% after FedEx and a consortium of investors proposed a €7.8 billion acquisition at €15.60 per share, a 17% premium to Friday's close.
SMIC Shares Surge 4% in Hong Kong Ahead of Quarterly Results
Semiconductor Manufacturing International Corp. saw its Hong Kong-listed shares rise 4.1% to HK$70.35 on Monday as investors positioned for its quarterly earnings release.
Stellantis Plunges on €22.2B EV Charge, Gigafactory Halt
Stellantis shares dropped sharply after announcing a major strategic reset, including a €22.2 billion impairment and shelving European battery plant projects.
Datavault AI Shares Extend Gains Following Revenue Forecast and New Contracts
Datavault AI (DVLT) shares advanced approximately 4% in premarket trading Monday, building on a 33% surge from the prior session. The move follows the company's preliminary 2025 revenue projection of at least $30 million and $49 million in new agreements.
Pagaya Shares Surge 10% in Premarket Ahead of Q4 Earnings and 2026 Guidance
Pagaya Technologies stock jumped approximately 10% to $20.50 in premarket trading Monday as investors anticipate the company's fourth-quarter results and its financial outlook for 2026.
Novo Nordisk Shares Surge as Hims Abandons Low-Cost Semaglutide Pill
Novo Nordisk stock climbed over 8% after Hims & Hers canceled plans for a $49 compounded weight-loss pill. The move follows FDA warnings against unapproved GLP-1 drug marketing.
DBS Shares Slide on Q4 Profit Shortfall, 2026 Outlook Cautious
DBS Group shares fell nearly 2% after reporting a 10% drop in fourth-quarter profit, missing estimates. The bank flagged a softer 2026 net profit outlook amid narrowing interest margins.
IAG Shares Gain as Oil Retreats; Focus Shifts to Upcoming Earnings
IAG shares advanced nearly 2% in London trading as Brent crude declined over 1%, easing fuel cost concerns. Investors await the airline group's full-year results on February 27 for insights on demand and expenses.
Halma Gains as European Markets Recover, Investors Await March Update
Halma shares advanced 0.65% to 3,570p in early trading, outperforming the broader FTSE All-Share index. The stock's next catalyst will be a trading update scheduled for March 12.
Hedge Fund Titans Pivot to AI Infrastructure and Software Plays
Prominent hedge fund managers including Ken Griffin and Steven Cohen added positions in Palantir Technologies and Comfort Systems USA last quarter, signaling a broadening AI investment theme beyond semiconductors.
Standard Chartered Taps Ex-UBS Banker for Wealth Push Ahead of Earnings
Standard Chartered shares gained slightly after appointing former UBS banker Raza Jafree as global head of private client sales. Investors await full-year results on Feb. 24 for updates on wealth business momentum.