BP has appointed Meg O'Neill, the chief executive of Australia's Woodside Energy, as its new CEO. This move signals BP's intention to intensify efforts to increase returns and prioritise oil and gas ... ...

Apple is rolling out targeted changes to its iPhone software in Japan as the country's new competition law takes effect, marking another step in how the company adapts its tightly controlled ecosystem to local regulation. ...

Core Viewpoint - Pop Mart International Group Ltd. is experiencing increasing investor skepticism as indications suggest that the global enthusiasm for its Labubu character may be diminishing [1] Company Summary - Pop Mart International Group Ltd. was previously regarded as one of the most promising stocks in Hong Kong [1] - The company is facing challenges as the popularity of its Labubu character appears to be waning [1] Industry Summary - The overall market sentiment towards collectible toy companies, including Pop Mart, may be shifting as consumer interest shows signs of cooling [1]

Core Viewpoint - US stocks, represented by the S&P 500 index, are expected to close the year positively, but the anticipated "Santa Claus rally" may not occur this year, indicating potential challenges for 2026 [1] Group 1 - The S&P 500 index is on track to finish the year in positive territory [1] - The absence of a "Santa Claus rally" suggests a less optimistic outlook for the upcoming year [1] - Jonathan Krinsky, chief market technician at BTIG, highlights concerns regarding future market performance [1]

Core Insights - Amazon has consolidated its artificial intelligence operations under a single leadership structure, appointing Peter DeSantis, a 27-year veteran of AWS, to oversee this newly unified organization [1] Group 1 - The move aims to streamline AI initiatives across the company, enhancing efficiency and focus on AI development [1] - This restructuring reflects Amazon's commitment to strengthening its position in the competitive AI landscape [1] - The appointment of DeSantis is expected to leverage his extensive experience within AWS to drive innovation in AI [1]

Famed investor Cathie Wood continues to see long-term potential in CoreWeave Inc. (NASDAQ: CRWV) even though the AI infrastructure firm has been cut in half over the past six months. The founder and c... ...

US stocks pulled back sharply at midday on Wednesday as investors dumped high-flying technology names and reassessed the AI trade's underlying economics. The S&P 500 fell roughly 0.8%, the Nasdaq slumped about 1.3%, and the Dow dipped 0.3%. ...

Core Insights - Texas Pacific Land Corporation's shares experienced a significant increase following the announcement of a strategic partnership focused on developing large-scale data center campuses on its extensive land holdings [1] Company Summary - The partnership aims to leverage Texas Pacific Land Corporation's vast land resources to create data center campuses, indicating a strategic shift towards technology and infrastructure development [1] Industry Summary - The move aligns with the growing demand for data centers, driven by the increasing reliance on digital infrastructure and cloud services, positioning Texas Pacific Land Corporation favorably within the evolving tech landscape [1]

Core Insights - Coursera's proposed all-stock acquisition of Udemy marks a significant consolidation in the ed-tech sector, valued at approximately $2 billion [1] Company Summary - The acquisition aims to combine the strengths of both companies, potentially enhancing their market position and expanding their offerings in the online education space [1] - This deal represents one of the largest consolidations in the ed-tech industry in recent years, indicating a trend towards increased mergers and acquisitions within the sector [1]

Core Viewpoint - Apple received positive feedback from Wall Street as brokerages Jefferies and Morgan Stanley raised their price targets, citing strong iPhone demand, pricing power, and indications of accelerating growth [1] Group 1 - Jefferies and Morgan Stanley have increased their price targets for Apple, reflecting confidence in the company's performance [1] - The analysts highlighted resilient demand for iPhones, suggesting that consumer interest remains strong [1] - There are signs of pricing power for Apple, indicating the company's ability to maintain or increase prices without losing customers [1]