North America:

  • Insiders at Palantir Technologies recently sold shares totaling approximately $31.8 million.
  • The U.S. government is set to decrease Intel Corp's initial $8.5 billion CHIPS grant to under $8 billion, amidst reports of Lattice Semiconductor's interest in acquiring Intel's Altera unit and concerns over delayed investments and a new military contract.
  • Indonesia rejected Apple's $100 million investment proposal due to insufficient local content, Corning proposed ending an EU antitrust investigation by waiving exclusive clauses, India's regulator denied Apple's request to pause an antitrust report, and Apple's CEO visited China amid trade concerns.
  • Bath & Body Works exceeded expectations in fiscal Q3 with adjusted earnings of $0.49 per share and revenue of $1.61 billion, surpassing both the previous year's earnings and analysts' forecasts, and provided EPS guidance for fiscal year 2024.
  • Quikrete Holdings is set to acquire Summit Materials in an $11.50 billion go-private deal, while Unilever's India unit plans to spin off its ice-cream division.
  • Old National Bancorp, an Indiana-based regional lender, has agreed to acquire Minnesota-based Bremer Financial for about $1.4 billion in cash and stock, alongside pricing a $400 million common stock offering.
  • The FAA is reviewing Boeing 737 MAX engines following two bird strike incidents that caused cockpit smoke, alongside recent crashes involving a Boeing 737-400 cargo plane and a DHL cargo plane in Lithuania, resulting in one fatality and three injuries.
  • Newmont has agreed to sell its Eleonore mine in Northern Quebec to UK-based Dhilmar for $795 million in cash.
  • Tesla settled a lawsuit against Rivian regarding accusations of poaching employees and misappropriating trade secrets, while Elon Musk's mother gains popularity in China.
  • Freightos reported a Q3 revenue of $6.2M and a loss of $0.04 per share, surpassing Street estimates, alongside the stepping down of CFO Ran Shalev.
  • Morgan Stanley has received regulatory approval to establish its new Middle East headquarters in Saudi Arabia, coinciding with a pre-bell advance in financial stocks.
  • Berkshire Hathaway - Warren Buffett is furthering his philanthropic legacy by donating $1.14 billion in Berkshire Hathaway shares and converting 1,600 class A shares into 2.4 million class B shares for donation to family foundations, while also planning to give away 99.5% of his remaining wealth to a charitable trust managed by his children.
  • Old National Bancorp has acquired Bremer Financial in a $1.4 billion deal and priced a $400 million common stock offering.
  • The FAA is set to review Boeing 737 MAX engines following two bird strike incidents that led to cockpit smoke, amid recent crashes involving a Boeing 737-400 cargo plane in Lithuania that resulted in one fatality and a DHL cargo plane crash that killed one person and injured three others.
  • Nvidia has introduced a new AI model for music and audio generation, received a welcoming environment pledge from China for foreign firms, and its CEO Jensen Huang has called for maintaining global cooperation despite US-China tensions.

Europe and Asia:

  • UniCredit has launched multiple bids, the highest at $11 billion, to acquire Banco BPM, aiming to become Italy's largest bank by market value, amidst other developments including a rejected request to suspend an ECB order and the U.S. Treasury yield's reaction to a new Secretary appointment.
  • Anglo American plc - Peabody Energy's acquisition of Anglo American's remaining steelmaking coal assets for up to $3.8 billion led to a 7% drop in its shares.
  • A DHL cargo plane operated by Swiftair crashed near Vilnius airport in Lithuania, resulting in one fatality and three injuries, with conflicting reports on whether it crashed into a residential building.
  • TotalEnergies SE Energy stocks dipped premarket as TotalEnergies halted new investments in Adani Group following a U.S. corruption probe involving Gautam Adani, while also launching a renewable hydrogen project with Air Liquide.
  • Kingfisher, a European home improvement retailer, reported a decline in third-quarter sales, missing market expectations, and revised its profit guidance downwards due to anticipated impacts from tax changes in the UK and France, despite implementing an early shipping strategy to ensure Christmas product availability.
  • The US FDA has accepted GSK's experimental combination therapies, including Blenrep and belantamab mafodotin, for review as treatments for multiple myeloma.
  • Barclays was fined £40 million by the UK's Financial Conduct Authority for failing to properly disclose financial arrangements with Qatari entities during a capital raising effort in 2008.
  • AstraZeneca's Truqap, in combination with abiraterone and androgen deprivation therapy, demonstrated statistically significant improvements in progression-free survival for metastatic prostate cancer in the CAPItello-281 phase 3 trial, showing early promise and positive results.
  • Eni Spa has partnered with MSC to decarbonize transport and cruise services, launched the Nguya FLNG unit for LNG production in Congo, maintained stable ratings from Fitch, and positioned Italy among the top eight supercomputing nations with its HPC6 supercomputer.
  • Air Liquide is investing over 80 million euros to construct and operate a new renewable hydrogen production unit in France, in partnership with TotalEnergie.
  • KKR, Apollo, Blackstone, and Bain are considering participating in a potential takeover of the Japanese retail company Seven and I, after being approached by Seven and I Holdings.
  • Rio Tinto has lifted the force majeure on alumina exports from its Australian operations.
  • Sony Group Corporation Technology stocks are rising in premarket trading on Monday, with Sony Group reportedly exploring the development of a handheld PlayStation 5 console to challenge Nintendo's dominance in the portable mobile console market.
  • Aramco Digital, a subsidiary of Saudi Arabian Oil Company, is reportedly negotiating to purchase a minority stake in the US-based company Mavenir for $1 billion.
  • Chinese Banking Corporation Limited OCBC is utilizing treasury shares to fulfill its employee share schemes.
  • Meta Platforms, Inc. Australia is set to introduce legislation that will prohibit under-16s from using social media and enforce stringent privacy regulations on social media companies.
  • The Bank of Nova Scotia has applied to list zero coupon bonds valued at $35 million, maturing on November 25, 2044, on the Singapore stock exchange.
  • HSBC Holdings has bought back 9.9 million of its shares across the UK and Hong Kong markets.
  • Adnoc is considering selling an additional stake in Adnoc Gas, following its recent successful initial public offering.
  • Tencent Holdings Limited Futu has refuted rumors of layoffs while confirming that it is undergoing organizational changes.
  • Samsung Electronics Co., Ltd. The text provided, "NaN," indicates that there is no available data or content to summarize.