Wall Street's main indexes notched fresh record highs on Monday as excitement around a potential U.S.-China trade deal set the tone for a week packed with high-profile technology earnings and a widely expected interest rate cut. ...

Paramount Skydance will begin a major round of layoffs with 1,000 job cuts on Wednesday, Bloomberg News reported on Monday, citing a person familiar with the company's plans. ...

Core Viewpoint - SAP, Europe's largest software provider, attempted to acquire BlackLine, an accounting software firm, for nearly $4.5 billion in June but was rejected and is now contemplating a renewed pursuit of the company [1] Company Summary - SAP's initial offer to acquire BlackLine was approximately $4.5 billion [1] - The acquisition attempt was rebuffed, indicating potential challenges in the negotiation process [1] - SAP is considering whether to pursue BlackLine again, suggesting ongoing interest in expanding its software portfolio [1]

Amazon is planning to cut as many as 30,000 corporate jobs beginning Tuesday, as the company works to pare expenses and compensate for overhiring during the peak demand of the pandemic, according to t... ...

Core Insights - Meta Platforms has appointed Vishal Shah to a significant role in artificial intelligence, overseeing product management for AI products [1] Group 1 - The appointment of Vishal Shah is part of Meta's strategy to enhance its capabilities in artificial intelligence [1] - This move indicates Meta's commitment to advancing its AI product offerings [1]

Core Insights - Global companies are concerned about the ongoing U.S.-China trade war and are closely monitoring the upcoming meeting between President Donald Trump and President Xi Jinping [1] Group 1 - The meeting is expected to take place in South Korea, and there is hope that it will lead to a resolution of the differences between the two largest economies in the world [1]

Core Insights - Deutsche Boerse reported a 6% increase in third-quarter net profit, surpassing analysts' expectations [1] - The company reaffirmed its forecasts for the year despite facing low trading volumes [1] Financial Performance - The net profit for the third quarter rose by 6%, indicating strong financial performance [1] - Analysts had anticipated lower results, highlighting the company's better-than-expected performance [1] Future Outlook - Deutsche Boerse is maintaining its forecasts for the year, suggesting confidence in its business strategy and market conditions [1] - The company is navigating challenges related to low trading volumes but remains optimistic about future performance [1]

Social media giant Meta launched on Monday posts that are automatically archived 24 hours after being uploaded, dubbed "ghost posts," on its Threads app, mimicking a popular feature available on its o... ...

British defence group BAE Systems said on Monday it expects to recognise 4.6 billion pounds ($6.17 billion) from a UK government deal in which Turkey bought 20 Eurofighter Typhoon jets. ...

Core Viewpoint - OPEC+ is considering a modest increase in oil production for December, reflecting ongoing discussions among member nations to adjust output levels in response to market conditions [1] Group 1: OPEC+ Production Decisions - OPEC+ is leaning towards a modest output boost in December, as indicated by four sources familiar with the discussions [1] - The group is continuing with monthly increases aimed at stabilizing the oil market [1]