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MSW News30 articles
Dow Retreats on Oil Spike, Dimming Rate Cut Prospects
The Dow Jones Industrial Average dropped over 200 points Thursday as a sharp jump in crude oil prices revived inflation concerns and pushed back expectations for Federal Reserve interest rate cuts this year.
AppLovin Forges Stagwell Alliance to Broaden Brand Ad Reach in Mobile Gaming
AppLovin announced a strategic partnership with marketing network Stagwell to expand agency access to its Axon advertising platform. The move comes as the company reports robust quarterly earnings but faces competitive and regulatory headwinds.
MakeMyTrip Acquires Majority Stake in Regional Tour Operator Flamingo
MakeMyTrip has agreed to acquire a controlling interest in regional tour operator Flamingo Transworld, strengthening its position in the growing holiday packages segment. The deal comes as the company's hotel and packages revenue rose 9.7% last quarter.
Nu Holdings Secures Inter Miami Stadium Naming Rights in U.S. Expansion Drive
Nu Holdings Ltd. has acquired naming rights for Inter Miami CF's new 26,700-seat stadium, now called Nu Stadium, as the Brazilian fintech seeks to expand its U.S. presence. The multiyear deal includes jersey branding starting in August.
FTSE 100 Slumps on Oil Spike, Dimming Rate Cut Hopes
London's FTSE 100 index dropped 1.5% on Thursday, dragged down by rising oil prices and reduced expectations for Bank of England rate cuts. Rentokil and Admiral shares advanced on positive earnings.
Nu Holdings Secures Inter Miami Stadium Naming Rights Amid U.S. Bank Charter Push
Nu Holdings has secured naming rights for Inter Miami CF's new Miami Freedom Park stadium, branding it 'Nu Stadium' as the company pursues a U.S. national bank charter. The 26,700-seat venue opens April 4, with jersey branding starting in August.
AppLovin Sees Upside to Gaming Ad Growth Target, Shares Rally
AppLovin's CFO indicated the company's gaming advertising growth target of 20% to 30% may have upside potential, following a strong share price rally. The company also announced a major client successfully moved over 30 live games to its measurement platform.
Netflix Secures Live-Streaming Tech Deal, Upgraded by JPMorgan
Netflix has entered a multi-year agreement with Ateme for its TITAN Live transcoder to bolster live streaming capabilities. The stock gained about 1% after JPMorgan upgraded it to overweight with a $120 price target.
Nu Holdings Secures Inter Miami Stadium Naming Rights Amid U.S. Banking Expansion
Nu Holdings has entered a multiyear partnership with Inter Miami CF, securing naming rights for the club's new stadium set to open in 2026. The move comes as the company advances its U.S. banking ambitions.
Microsoft Stock Dips Amid Gaming Leadership Overhaul, AI Spending in Focus
Microsoft shares closed lower Friday, underperforming the broader tech rally, following news of a leadership shake-up in its gaming division. Market attention shifts to AI investment trends and key earnings reports.
Australian Pension Boost Arrives March 20, Deeming Rate Hike May Offset Gains
Millions of Australian welfare recipients will see payment increases from March 20, though a simultaneous rise in deeming rates may trim benefits for some pensioners.
Pro Medicus Shares Dip Ahead of Dividend Date Amid Contract Timing Scrutiny
Pro Medicus shares declined 2.1% to A$126.51, with attention turning to its upcoming ex-dividend date and analyst focus on contract timing issues affecting recent earnings.
Haleon Gains as UK Inflation Eases, Focus Shifts to Upcoming Earnings
Haleon's stock advanced 0.9% as UK inflation slowed, fueling expectations for Bank of England rate cuts. Investors now await the company's full-year earnings report on February 25.
Futamura Wigton Plant Workers Set Strike Vote After Overwhelming Pay Offer Rejection
Workers at Futamura's cellulose film plant in Wigton, England, will hold a strike ballot after overwhelmingly rejecting a 1.2% pay offer. The GMB union is demanding a 3.8% increase, citing inflation.
Santos Prevails in Climate Lawsuit, Investors Eye Upcoming Earnings
Santos Ltd. shares edged lower following a court's dismissal of a climate-related lawsuit. Market attention now turns to the energy producer's upcoming annual financial results.
WiseTech Global Retreats After Tech Rally, Eyes on Upcoming Earnings
WiseTech Global shares declined 1.6% on Tuesday, reversing part of a steep intraday drop, following a sharp rally the prior session. The broader Australian market edged higher, led by materials, while technology stocks underperformed.
Linde Shares Rise Amid $36M Planned Sale, Upcoming Investor Conferences
Linde plc closed Friday at $481, a 1.7% increase, as markets prepared for a holiday closure. A filing disclosed plans to sell 75,607 shares worth approximately $36.1 million, while executives are scheduled for investor conferences on February 17-18.
Corsair Gaming Surges on Earnings Beat and $50M Share Repurchase Plan
Corsair Gaming shares soared 26% in premarket trading following a Q4 earnings beat and the announcement of a $50 million stock repurchase authorization. The company also issued its 2026 revenue forecast.
Corsair Gaming Shares Soar 23% After Hours on Buyback and Outlook
Corsair Gaming shares jumped 23% in after-hours trading after announcing a $50 million share buyback program and providing its 2026 revenue outlook.
Nike Shares Slide Below Key Technical Levels Amid Focus on Upcoming Product Launches
Nike shares declined 1.1% in extended trading Wednesday, falling below critical 50- and 200-day moving averages. Investors are monitoring upcoming Jordan Brand and Levi's collaborations for demand signals.
Macy's Shares Rebound as Investors Eye Inflation Data and Upcoming Earnings
Macy's stock rose 2.5% to $21.51, recovering from recent declines. Analysts maintain a Hold rating with a $22 target as the market awaits key inflation figures and the retailer's early-March earnings report.
Dell Shares Retreat Amid Private Cloud Expansion and Upcoming Earnings
Dell Technologies stock declined 2.3% to $123.12, partially reversing Tuesday's gains. Investors are focused on the company's upcoming fiscal Q4 results and its push into enterprise AI servers.
Disney Shares Slide on Streaming Bundle and Bond Offering News
Disney stock fell 1.2% as the company announced a Disney+ bundle with Sky in the UK and Ireland and launched a $4 billion bond sale.
Intel Recovers Slightly After Sharp Sell-Off, Focus Shifts to Upcoming Catalysts
Intel shares edged higher in premarket trading Wednesday, attempting to stabilize after a 6% decline. Investors are assessing macro risks and awaiting the company's upcoming presentation at Mobile World Congress.
Bank of America Shares Dip Amid Soft Retail Data, Eyes on Upcoming Economic Reports
Bank of America shares declined approximately 1% in Tuesday's midday session following disappointing U.S. retail sales figures, which pressured Treasury yields. Investors are awaiting key inflation and employment data for interest rate direction.
Costco Shares Retreat Amid Soft Retail Data, Eyes on Upcoming Earnings
Costco stock declined nearly 2% Tuesday, slipping below $980 as weak U.S. retail sales data weighed on sentiment. Investors now await the company's February sales update and March 5 earnings report.
ImmunityBio Shares Stabilize After 15% Surge, Focus Turns to Upcoming Earnings
ImmunityBio's stock held steady near $7 in premarket trading following a sharp 14.6% rally. Investors are now awaiting the company's quarterly results, due in early March.
SSE Gains Amid UK Bond Market Volatility, Investors Eye Upcoming Updates
SSE shares advanced 0.6% in London trading as UK gilt yields stabilized following political pressure on Prime Minister Starmer. The utility's next investor update is scheduled for April 2.
Santos Shares Dip as Oil Retreats; Investors Eye Upcoming Full-Year Results
Santos shares closed slightly lower amid softer oil prices, with market focus shifting to the company's full-year financial results scheduled for release on February 18.
Woodside Energy Gains Slightly Amid Oil Retreat; Focus Shifts to Upcoming Annual Results
Woodside Energy shares closed marginally higher despite a dip in crude prices, as investors await the company's full-year financial results and briefing scheduled for February 24.