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Bloomberg4d agobullish
Yen Surge Will Drive Up Other Asian Currencies, Strategists Say

(Bloomberg) -- The rally in the yen is set to bolster a number of other Asian currencies based on their relatively high correlations, according to Citigroup Inc. and Barclays Bank Plc.Most Read from BloombergTrump Says US to Hold Off Iran Attack If Deal AgreedSaudi Prince Concerned Over Trump’s Iran Strike Plan: AxiosSingapore's Gated Island for the Rich Is Marred by Decayed HomesCrushed by Kospi Rout, Angry Koreans Rip Lee and Vow Not to BuyTrump Says Iran Talks to Begin Monday After Scrapping

AstraZeneca shares slide 7% on talks to buy Bristol Myers Squibb
Proactive4d agobullish
AstraZeneca shares slide 7% on talks to buy Bristol Myers Squibb

Shares in AstraZeneca PLC (LSE:AZN, NASDAQ:AZN) fell 7% to 11,723p on Monday after news that Britain's biggest drugmaker is in talks to buy its US rival, Bristol-Myers Squibb Co (NYSE:BMY, XETRA:RM, OTC:BMYMP). A deal would create a pharmaceutical group worth close to $400 billion, ranking...

ArcelorMittal expands Microsoft partnership on cloud
Reuters4d agobullish
ArcelorMittal expands Microsoft partnership on cloud

Steelmaker ArcelorMittal said ‌on Monday it ‌was expanding its collaboration ​with Microsoft as part of its "Cloud First, Data ‌Centric" ⁠strategy, which uses Azure as ⁠its primary cloud computing platform. The ​company said ​it ​would integrate ‌Microsoft Fabric, Purview and Foundry to modernize its IT systems, improve cybersecurity ‌and reduce ​its ​reliance ​on legacy ‌technology. Financial terms ​of ​the deal were not disclosed.

Kosmos Energy (NYSE:KOS) Beats Expectations in Strong Q2 CY2026
StockStory4d agobullish
Kosmos Energy (NYSE:KOS) Beats Expectations in Strong Q2 CY2026

Oil and gas producer Kosmos Energy (NYSE:KOS) reported revenue ahead of Wall Street’s expectations in Q2 CY2026, with sales up 57% year on year to $617 million. Its non-GAAP profit of $0.11 per share was 27.9% above analysts’ consensus estimates.

Is Stronger Q2 Results, Raised Outlook and Buybacks Altering The Investment Case For West Pharmaceutical Services (WST)?
Simply Wall St.4d agobullish
Is Stronger Q2 Results, Raised Outlook and Buybacks Altering The Investment Case For West Pharmaceutical Services (WST)?

In late July 2026, West Pharmaceutical Services reported second-quarter 2026 results showing higher sales and earnings than a year earlier, raised its full‑year 2026 revenue guidance, and completed US$454.28 million of share repurchases under its February 2026 buyback program. The company also issued third‑quarter revenue guidance, highlighted momentum in higher‑value Proprietary Products for biologics and biosimilars, and affirmed a US$0.22 quarterly dividend. Against this backdrop, we’ll...

Bloomberg4d agobullish
US Uses Euros to Buy Yen to Avoid Weaker Dollar, Strategists Say

(Bloomberg) -- The US Treasury may be using euros rather than dollars to fund its yen purchases to avoid weakening its own currency and casting doubt on its strong greenback policy, according to strategists. Most Read from BloombergTrump Says US to Hold Off Iran Attack If Deal AgreedSaudi Prince Concerned Over Trump’s Iran Strike Plan: AxiosSingapore's Gated Island for the Rich Is Marred by Decayed HomesCrushed by Kospi Rout, Angry Koreans Rip Lee and Vow Not to BuyIndia’s Family Offices Embrace

Blackstone (BX) Buys HSBC’s Australian Loan Book And DarkVision Technologies
Simply Wall St.4d agobullish
Blackstone (BX) Buys HSBC’s Australian Loan Book And DarkVision Technologies

HSBC has agreed to sell its Australian loan book to Blackstone, expanding Blackstone's presence in Australian credit markets. Blackstone has also acquired DarkVision Technologies, a company focused on advanced infrastructure inspection technology. Blackstone, traded as NYSE:BX, is adding two very different assets to its portfolio at the same time. The company is moving into a sizeable Australian lending position while also picking up a technology driven inspection business. Shares last...

Why Morgan Stanley won’t call Rivian a buy despite upgrade
TheStreet4d agobullish
Why Morgan Stanley won’t call Rivian a buy despite upgrade

Nine years ago, Tesla nearly drained its cash reserves trying to scale a new vehicle line, a stretch of chaos Elon Musk later called production hell. Rivian (RIVN) is now running its own version of that gauntlet with the R2, the affordable SUV meant to turn a niche automaker into a mass-market one. ...