Large-scale selling of leveraged exchange-traded funds contributed significantly to Friday's U.S. stock market rout, according to a report published late on Sunday by JPMorgan's Americas equities deri... ...

Samsung Electronics on Tuesday projected a 32% rise in third-quarter operating profit from a year earlier, beating analysts' estimates as demand for conventional memory chips helped offset the company... ...

Core Insights - The CEO of Safran stated that the company is "on a good path" to resolve engine delays for Airbus by the end of the current month [1] Company Summary - Safran is actively working to address engine delivery delays to Airbus, indicating progress in their operations [1]

Goldman Sachs has agreed to buy Industry Ventures, a leading venture capital firm that manages $7 billion of assets, in a bid to expand its services to technology entrepreneurs, it said on Monday. ...

Front-month U.S. crude oil futures ended Monday's trading at their smallest premium since January 2024 over the seventh-month contract, as OPEC+ ramps up supply while seasonal refinery maintenance in the U.S. pressures demand for prompt barrels. ...

Core Insights - French aerospace group Safran has signed agreements with Morocco to establish a new engine assembly line for Airbus jets and a maintenance and repair facility near Casablanca [1] Company Developments - The new engine assembly line will focus on Airbus jets, indicating a strategic partnership between Safran and Airbus [1] - The maintenance and repair plant will be located near Casablanca, enhancing Safran's operational capabilities in the region [1] Industry Implications - This move reflects the growing collaboration between aerospace companies and emerging markets, particularly in North Africa [1] - The establishment of these facilities may lead to increased job creation and technological transfer in Morocco's aerospace sector [1]

Bombardier added a new order from Comlux Aviation for its Global 8000 business jet to its backlog, the Canadian planemaker announced on Monday during the National Business Aviation Association's annua... ...

Credit rating agency Moody's Ratings changed European automaker Stellantis' ratings outlook to negative on Monday, though maintained its current ratings. ...

Core Viewpoint - J.M. Smucker Company has filed a lawsuit against Trader Joe's, alleging trademark infringement related to its Uncrustables brand of frozen peanut butter and jelly sandwiches [1] Company Summary - J.M. Smucker Company is the maker of Jif peanut butter and is taking legal action to protect its Uncrustables brand, which is a significant product line for the company [1] - The lawsuit indicates the company's commitment to safeguarding its intellectual property and brand identity in the competitive food industry [1] Industry Summary - The case highlights ongoing issues within the food industry regarding trademark protection and brand differentiation, particularly in the frozen food segment [1] - As grocery chains expand their private label offerings, the potential for trademark disputes may increase, impacting brand strategies across the industry [1]

Core Viewpoint - Robinhood Markets is exploring potential acquisitions in the rapidly expanding prediction markets sector, indicating a strategic interest in diversifying its offerings as interest in this niche market grows [1] Company Summary - Robinhood Markets is actively considering acquisitions to enhance its presence in the prediction markets space, which has seen increased interest recently [1] Industry Summary - The prediction markets sector is experiencing significant growth, attracting attention from various players, including Robinhood, which suggests a shift in market dynamics and potential investment opportunities [1]