Lower than expected forecasts for 2025 revenue and profit due to tough competition and reduced cloud spending impact Datadog's market performance. Datadog's shares took a hit, dropping 10% in ...
The mega-merger highlights how giants from snacks to health are joining forces to keep up with shifting trends and fierce competition in the US consumer goods market. This move signals another wave of ...
What’s going on here? The SEC is ready to roll out new rules requiring mutual funds and ETFs to report portfolio holdings monthly instead of quarterly, starting November 2024. Investors will soon ...
A review found staff hesitate to raise red flags, prompting ANZ to overhaul risk practices after a record penalty and regulatory action. ANZ Group is shaking up how it manages risk after an ...
Amsterdam-based Palinuro Capital promises to shake up the hedge fund scene with its ambitious goal of outperforming the market during turbulent times. Founded by Alfonso Peccatiello, who doubles as ...
What’s going on here? Virtu Financial is eyeing China's market-making sector, aiming to seize trading opportunities in the country's burgeoning ETF market. China is mulling over opening its $520 ...
What’s going on here? In a significant development, Shionogi & Co's COVID-19 drug, ensitrelvir, did not meet its primary objectives in a crucial global Phase 3 trial, casting doubt on its efficacy and ...
What’s going on here? Volatility-linked funds have recently sold off a hefty $150 billion in US stocks, sparking significant market downturns. Yet, recent signs hint at a potential rebound. The sharp ...
Investors embraced the Fed's gentler approach with rate cut bets and a weaker dollar, setting the stage for market rallies. The Federal Reserve just cut rates by a quarter point and hinted at a ...
What’s going on here? France is starting 2026 on steadier footing, with the Bank of France projecting 0.2%–0.3% GDP growth in Q1 after 0.2% in Q4. The central bank’s monthly business survey shows ...
The TSX slipped after early record highs as energy and metals rose, while gold and oil climbed and the Bank of Canada signaled it wants flexibility on rates. Canada’s TSX briefly notched fresh highs ...
What’s going on here? AppLovin’s fourth-quarter ad sales came in a touch light, with revenue at $1.66 billion versus the $1.70 billion analysts expected (LSEG), sending shares down nearly 3% after ...