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Zurich Insurance raises bid for Beazley to £8B, board backs takeover deal
Invezz· 2026-02-04 13:02
Zurich Insurance has agreed an improved takeover bid for UK-listed cyber and speciality insurer Beazley, valuing the company at about £8 billion ($10.96 billion). Under the revised cash offer, Beazley... ...
Yum Brands posts mixed earnings as Taco Bell outpaces KFC and Pizza Hut
Invezz· 2026-02-04 12:56
Core Insights - Yum Brands reported a widening performance gap across its restaurant portfolio in the final quarter of the year, indicating varying levels of demand and growth among its brands [1] Group 1: Brand Performance - Taco Bell experienced strong demand, contributing positively to Yum Brands' overall performance [1] - KFC showed steady international growth, further supporting the company's revenue [1]
Uber outpaces revenue forecasts: why is the stock tanking over 5%
Invezz· 2026-02-04 12:41
Core Insights - Uber closed the year with revenue that exceeded market expectations, indicating strong demand in both its ride-hailing and delivery segments [1] Revenue Performance - The company's revenue performance highlights steady demand across its core businesses, despite investor concerns regarding softer profitability [1]
US futures steady as tech rout deepens, AI fears weigh on software stocks
Invezz· 2026-02-04 12:37
US futures steady as tech rout deepens, AI fears weigh on software stocks | Invezz false### Choose your country### Choose preferred languagePopular languagesEnglish (USA) [Deutsch] [Español] [Français] [Português]All available languagesEnglish (USA) [English (UK)] [English (Australia)] [English (Canada)] [English (New Zealand)] [English (South Africa)] [English (Ireland)] [English (Singapore)] [English (Nigeria)] [English (Pakistan)] [English (India)] [eština] [Deutsch] [Dansk] [Español] [Français] [Italian ...
Central bank buying strengthens gold; silver to be volatile, says ING Group
Invezz· 2026-02-04 12:06
economic situation, we anticipate the recent market decline will be a temporary correction rather than a fundamental, long-term shift.The speed and longevity of any future recovery hinge upon developments concerning the US dollar, expectations around interest rates, and overall risk appetite."But, precious metals are more likely to climb at a steadier, less linear pace from here, rather than repeat the explosive rally seen over the past few months,†Manthey concluded.[Bitcoin] [China] [Donald Trump] [Gold] [ ...
Here's why software stocks like Adobe, Salesforce, ServiceNow, Atlassian are crashing
Invezz· 2026-02-04 12:01
Software stocks are in a freefall. Adobe stock price continued its freefall this week, reaching its lowest level since April 2020. ...
BTC ETFs sees over $270M in outflows as prices remain under pressure
Invezz· 2026-02-04 10:48
Assets under management in US spot Bitcoin exchange-traded funds slipped below $100 billion on Tuesday, following renewed investor withdrawals and a sharp downturn across the broader cryptocurrency ma... ...
Rolls-Royce share price eyes rebound as Boeing sales push begins
Invezz· 2026-02-04 10:06
Core Viewpoint - Rolls-Royce share price is experiencing a rebound as the company shifts focus to sales efforts aimed at Boeing, with the stock rising over 1% to 1,247p, just below its all-time high of 1,327p [1] Group 1: Company Performance - Rolls-Royce has shown a strong upward trend in its stock price over the past few years, becoming one of the best-performing companies in the FTSE 100 Index [1] - The company has transitioned from being a "burning machine" to one of the most profitable companies in the UK, achieving mid-term targets two years ahead of schedule [1] Group 2: Strategic Partnerships - Rolls-Royce aims to partner with Boeing to enhance its business, focusing on its upgraded Trent 1000 XE engine, which offers improved durability and fuel efficiency [1] - The company is targeting orders for Boeing 787 and Boeing 777 aircraft, which currently predominantly use General Electric Aerospace engines [1] - Rolls-Royce plans to re-enter the narrow-body segment, which has seen significant growth, through partnerships and possibly a modified version of the Ultrafan engine platform [1] Group 3: Financial Outlook - The upcoming financial results are anticipated to be a key catalyst for Rolls-Royce's share price, with projected operating profit between £3.1 billion and £3.2 billion and free cash flow expected to be between £3.0 billion and £3.1 billion [1] Group 4: Technical Analysis - The stock price has recently pulled back from its all-time high of 1,320p to 1,250p but remains above the 50-day and 100-day Exponential Moving Averages (EMA) [1] - A bullish flag pattern has formed, suggesting potential for further price increases, with targets set at the year-to-date high of 1,320p and a psychological level of 1,500p, approximately 20% above the current level [1]
UBS signals capital return push as buyback plan follows earnings beat
Invezz· 2026-02-04 09:30
Core Viewpoint - UBS AG reported a strong fourth-quarter performance, exceeding market expectations and signaling a push for capital returns through a significant share buyback program of at least $3 billion in 2026, reflecting confidence in its balance sheet strength after integrating Credit Suisse [1][1][1] Financial Performance - Net profit attributable to shareholders increased by 56% year-on-year to $1.2 billion in Q4, surpassing analysts' expectations of $919 million [1][1][1] - Group revenues for the quarter totaled $12.1 billion, matching analyst forecasts, but decreased from $12.8 billion in Q3 while increasing from $11.6 billion a year earlier, indicating stabilization rather than rapid growth [1][1][1] - Total reported revenue for the period was $13.74 billion, with revenue net of interest expense at $12.15 billion, also exceeding market expectations [1][1][1] Capital Ratios and Balance Sheet - UBS ended the quarter with a common equity tier 1 capital ratio of 14.4%, slightly down from 14.8% in the previous quarter, but still above regulatory requirements, allowing for shareholder distributions [1][1][1] - For the full year, UBS reported a profit of $7.77 billion on revenue of $49.57 billion, indicating a recovery in capital generation [1][1][1] - Group-invested assets surpassed $7 trillion for the first time, highlighting UBS's scale post-Credit Suisse acquisition [1][1][1] Leadership and Integration - CEO Sergio Ermotti is expected to step down in April 2027 after the completion of the integration of Credit Suisse, which is described as one of the most complex banking integrations on record [1][1][1] - The results suggest a transition from crisis management to long-term capital planning, with analysts expressing confidence in UBS's ability to meet medium-term targets as integration risks diminish [1][1][1]
Gold back over $5,100/oz, silver surges 5% as US-Iran tensions escalate
Invezz· 2026-02-04 06:19
Renewed geopolitical tensions between the US and Iran pushed gold prices higher on Wednesday, extending the yellow metal's recent upward trend. This safe-haven buying contributed to the gains, follow... ...