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Caterpillar Rides AI Data-Center Boom as Power-Generation Sales Jump 72%
Caterpillar’s retail sales of power-generation equipment rose 72%, as demand grows for equipment used in AI data centers. CEO Joseph Creed cited very strong...
Eli Lilly Reports 79.3% Response Rate for Phase 1 Ovarian Cancer Combo
Eli Lilly announced Phase 1 data for its investigational antibody-drug conjugate sofetabart mipitecan (Sofe-M) at the European Society for Medical Oncology...
SKK Migas Cuts Singapore Gas Exports by 31 BBTUD
Indonesia’s Special Task Force for Upstream Oil and Gas Business Activities (SKK Migas) confirmed it would begin reducing natural gas exports to Singapore on...
BlackRock’s IBIT Sheds $254 Million as Bitcoin Falls Below ETF Cost Basis
On October 22, 2026, BlackRock’s iShares Bitcoin Trust (IBIT) recorded approximately $254 million in outflows. It was the largest contribution to about $635...
JK Tyre Posts Record Q2 Revenue of ₹4,850 Crore, Up 20%
JK Tyre & Industries Ltd. reported consolidated revenue of ₹4,850 crore in the second quarter of fiscal year 2027, its highest ever for a quarter. Revenue rose...
Infosys Cuts Revenue Outlook, Shares Sink 8% Amid US Visa Crackdown
Infosys reported a 6% year-over-year increase in consolidated net profit for the second quarter. It lowered its fiscal 2027 revenue growth guidance to 1–2%,...
France and UAE Sign Rafale F5 Cooperation Agreement
France and the United Arab Emirates signed an intergovernmental agreement to cooperate on the future Dassault Rafale F5 fighter standard. The memorandum of...
Saab Orders Soar 216%, Lifting Backlog to Record 364 Billion Crowns
Saab’s third-quarter operating profit rose to 1.95 billion crowns from 1.37 billion a year earlier, beating expectations. Like-for-like sales increased 30.6%...
NioCorp Gets $5.40 Speculative-Buy Target Amid Funding Risks
An in-depth analysis rates NioCorp Developments Ltd. a speculative buy and sets a price target of $5.40 per share. It flags risks including projected revenue...
Oracle commits $1 billion to partners, targeting surging AI demand
Oracle is committing $1 billion to its partner ecosystem over the next four years. This investment aims to help partners capitalize on growing demand for...
Coeur Mining Says Deal Added $834/oz to Gold Costs
Coeur Mining completed its acquisition of New Gold in March 2026. Its consolidated gold costs were $2,442/oz. That figure included a non-cash accounting charge...
Micron Attracts Institutional Investors as AI Demand Lifts Memory Stocks
Several news outlets reported on October 24, 2026, that institutional investors, including Adams Diversified Equity Fund Inc. and Brookstone Capital...
Bayer Reports Nubeqa Cuts Risk of Metastasis or Death by 58%
Bayer reported positive results from the Phase III DASL-HiCaP trial of Nubeqa (darolutamide) in high-risk localized prostate cancer. The data were presented at...
SK Hynix Shelves Solidigm U.S. IPO, Citing Market Conditions
SK Hynix has halted plans for a U.S. IPO of Solidigm, its NAND flash and solid-state drive (SSD) unit. The company cited recent capital market conditions and...
Tata Motors Reports Q2 Growth, Shares Fall 4.41% on Margin Concerns
Tata Motors reported strong financial and operational results for the second quarter of FY27. Standalone revenue rose 42% year over year to ₹23,900 crore....
Eli Lilly Reports 79.3% Response Rate for Ovarian Cancer Drug
Eli Lilly announced new Phase 1 data for investigational ovarian cancer drug sofetabart mipitecan (Sofe-M), presented at the European Society for Medical...
Volkswagen Faces Union Fight Over 12,000 Additional Job Cuts
Volkswagen is preparing for intense negotiations with the IG Metall union as it advances major cost-cutting measures. The automaker aims to eliminate an...
Meta Directors Threaten to Quit Over Zuckerberg’s AI Spending
Meta CEO Mark Zuckerberg and the company’s board are reportedly clashing over his compensation demands and Meta’s costly artificial intelligence...
Google Says Gmail, Photos Data May Fuel AI Search Ads
On October 24, 2026, Google confirmed that personal data from Gmail and Google Photos may be used for targeted advertising when users connect those services to...
Johnson & Johnson Reports ERLEADA Cut Recurrence or Death Risk 62%
Johnson & Johnson announced new results from the Phase 3 PROTEUS substudy of ERLEADA® (apalutamide), presented at the European Society for Medical Oncology...