Turkish Airlines will meet with Boeing and engine supplier CFM in the coming weeks to decide on a planned deal for a major 737 MAX jet order, Chairman Ahmet Bolat said on Wednesday. ...

Investors in pure-play quantum computing stocks are grappling to value these futuristic companies, making prices highly volatile for the latest hot trend on Wall Street. ...

Wall Street bonuses are expected to rise for the second year for traders and investment bankers on surging deal volume and market volatility, according to financial compensation consultancy Johnson Associates. ...

Wegovy maker Novo Nordisk said on Wednesday that its executive vice president in charge of manufacturing was stepping down. ...

Core Insights - Pinterest shares dropped 18% on Wednesday due to a disappointing forecast, raising concerns about the company's ability to identify new growth opportunities amid competitive pressures and tariff challenges [1] Company Summary - The decline in Pinterest's stock price reflects investor anxiety regarding its growth prospects, particularly in light of increasing competition from larger rivals [1] - The company is facing significant challenges in finding new avenues for growth, which is critical for maintaining investor confidence and market position [1] Industry Context - The image-sharing platform industry is experiencing heightened competition, which is impacting Pinterest's market performance and strategic direction [1] - Tariff pressures are contributing to the difficulties faced by Pinterest, indicating broader economic factors that may affect the industry as a whole [1]

Core Viewpoint - Italian payments group Nexi has no current commitment to acquire Sabadell's retailers' payments unit but remains open to discussing a potential future deal under different terms [1] Group 1 - Nexi's CEO indicated that the company is no longer obligated to pursue the acquisition of Sabadell's payments unit [1] - The possibility of future negotiations for a deal on different terms has been expressed by Nexi's leadership [1]

Core Insights - Japanese automakers Toyota, Honda, and Suzuki are investing billions of dollars in new car production and factory construction in India, highlighting the country's rising significance as a manufacturing hub for the automotive industry [1] Group 1: Investment Trends - Toyota, Honda, and Suzuki are collectively committing substantial financial resources to enhance their manufacturing capabilities in India [1] - This investment reflects a strategic shift by Japanese automakers to adapt to changing global manufacturing dynamics [1] Group 2: Market Implications - The move indicates India's growing role in the global automotive supply chain, potentially leading to increased competition and innovation within the industry [1] - As these companies expand their operations in India, it may result in job creation and economic growth within the region [1]

Tesla's board of directors has pushed in all its chips on Elon Musk. Now investors must decide whether to back the biggest bet in company history. ...

Core Insights - Super Micro Computer's shares fell over 9% in premarket trading due to missing quarterly profit and revenue estimates [1] Financial Performance - The company reported lower-than-expected quarterly profit and revenue, which contributed to the decline in share price [1]

Core Point - The U.S. government shutdown has interrupted the regulatory review process for SoftBank's payments app operator PayPay's planned listing in the U.S. [1] Company Summary - SoftBank Corp's President Jun Miyakawa highlighted the impact of the U.S. government shutdown on PayPay's regulatory review [1]