Core Viewpoint - TotalEnergies misled consumers with its 2021 advertising campaign that primarily showcased wind and solar farms while claiming the company could achieve carbon neutrality by 2050, as determined by a French civil court [1] Group 1 - The French civil court's ruling indicates that TotalEnergies' advertising was deceptive, potentially impacting consumer trust and brand reputation [1] - The campaign's portrayal of renewable energy sources was found to be misleading, raising questions about the company's commitment to sustainability [1] - The court's decision may lead to increased scrutiny of advertising practices within the energy sector, particularly regarding claims of environmental responsibility [1]

Core Insights - Mobileye Global exceeded Wall Street expectations for third-quarter revenue, driven by increased orders from automakers for the company's driver-assisted chips as they accelerate the adoption of autonomous software [1] Company Summary - Mobileye Global reported strong third-quarter revenue performance, indicating robust demand for its driver-assisted technology [1] - The surge in orders from automakers reflects a broader industry trend towards the integration of autonomous driving capabilities [1] Industry Summary - The automotive industry is experiencing a significant shift towards autonomous software, prompting manufacturers to enhance their technology offerings [1] - The demand for driver-assisted chips is expected to grow as more automakers prioritize the development of autonomous vehicles [1]

Blackstone , the world's largest alternative asset manager, reported a 48% rise in third-quarter profit on Thursday, driven by strong gains in its credit and private equity businesses. ...

Medical equipment maker West Pharmaceutical raised its annual profit forecast on Thursday, after posting better-than-expected results for the third quarter, banking on strong demand for its components... ...

Core Insights - Lazard's profit increased in the third quarter, reflecting a rise in dealmaking activity, which aligns with trends observed among larger Wall Street competitors [1] Company Performance - The uptick in Lazard's profit is attributed to heightened dealmaking activity, indicating a positive market environment for investment banking [1] Industry Trends - The increase in Lazard's profit mirrors similar gains reported by larger Wall Street firms, suggesting a broader recovery or growth in the investment banking sector [1]

What matters in U.S. and global markets today ...

Core Insights - Hasbro raised its annual revenue and core profit forecasts, driven by expectations of strong holiday season sales and increased demand for its digital gaming segment [1] Financial Performance - The company is optimistic about its revenue growth, particularly in the context of the upcoming holiday season [1] - Core profit forecasts have also been adjusted upwards, reflecting confidence in the company's performance despite broader economic uncertainties [1] Market Trends - There is a notable demand for Hasbro's digital gaming segment, which is contributing to the positive outlook for the company's financials [1] - The macroeconomic environment remains uncertain, but Hasbro is positioning itself to capitalize on seasonal sales opportunities [1]

Core Insights - Eli Lilly has entered into an agreement with Cipla, permitting the Indian pharmaceutical company to market its popular weight-loss medication under a different brand in India [1] Company Summary - Eli Lilly has signed a deal with Cipla, which allows the latter to sell Eli Lilly's weight-loss drug in India [1] - The agreement highlights Eli Lilly's strategy to expand its market presence through partnerships with local companies [1] Industry Summary - The collaboration between Eli Lilly and Cipla reflects the growing trend of international pharmaceutical companies partnering with local firms to enhance distribution and accessibility of medications in emerging markets like India [1]

Core Insights - U.S. refiner Valero Energy reported an increase in third-quarter profit, attributed to a rebound in refining margins [1] Company Summary - Valero Energy experienced a rise in profit during the third quarter, indicating a positive trend in its financial performance [1] - The improvement in refining margins played a significant role in boosting the company's profitability [1] Industry Summary - The refining sector is witnessing a recovery, as evidenced by the rebound in refining margins, which is beneficial for companies like Valero Energy [1]

Molina Healthcare shares fell about 20% in premarket trading on Thursday, a day after the insurer cut its annual profit forecast for the third time this year, driven by higher medical costs across its... ...