Core Viewpoint - GlobalFoundries has forecasted first-quarter revenue that exceeds Wall Street expectations, driven by strong demand for its chips, and has announced a $500 million share buyback program, positively impacting its stock price [1] Group 1: Financial Performance - The company anticipates first-quarter revenue to surpass analyst expectations, indicating robust demand for its semiconductor products [1] - The announcement of a $500 million share buyback program is expected to enhance shareholder value and reflects confidence in the company's financial health [1] Group 2: Market Demand - Strong demand for chips is a key factor contributing to the positive revenue forecast, suggesting a favorable market environment for GlobalFoundries [1]

Core Viewpoint - T-Mobile's wireless subscriber growth in the fourth quarter fell short of analysts' expectations due to aggressive competition from rivals offering attractive deals and promotions [1] Subscriber Growth - T-Mobile added fewer wireless subscribers in the fourth quarter compared to analyst forecasts, indicating a potential challenge in maintaining market share amidst competitive pressures [1]

Top business leaders urged the European Union on Wednesday to act urgently to bring down energy prices, saying that was key for European industries to be able to compete with the United States and Chi... ...

Core Viewpoint - Both Mattel and Hasbro provided disappointing forecasts for 2026, indicating challenges in their respective markets [1] Group 1: Company Performance - Hasbro shares increased by as much as 9% on Tuesday, driven by the strength of its digital gaming business [1] - In contrast, Mattel's stock experienced a significant decline, sinking 30% in premarket trading [1] Group 2: Market Implications - The contrasting stock performances highlight differing investor sentiment towards the two companies, with Hasbro's digital gaming segment being a key factor in its positive market reaction [1]

Lyft's shares tumbled 18% in premarket trading on Wednesday, as slowing ride growth cast doubt on the company's ability to deliver on its long-term profitability targets. ...

Shopify , projected quarterly revenue above market estimates on Wednesday, as the e-commerce platform expects consumer spending to be resilient against a backdrop of U.S. tariffs and rising prices. ...

Kraft Heinz has paused ongoing work to split the company in half, with many of its challenges "fixable and within our control", according to new CEO Steve Cahillane. ...

Core Viewpoint - Activist investor Ancora Capital has acquired a stake in Warner Bros Discovery and intends to challenge the company's agreement with Netflix regarding its studios and streaming assets [1] Group 1: Stake Acquisition - Ancora Capital has built a significant stake in Warner Bros Discovery, indicating a strategic investment in the media company [1] Group 2: Opposition to Netflix Deal - The activist investor plans to oppose Warner Bros Discovery's deal with Netflix, highlighting potential concerns over the media company's strategic direction [1]

Italian asset manager Banca Generali reported a 3% rise in its annual profit on Wednesday, beating market expectations, as total assets reached a record high at 113.5 billion euros ($135.2 billion). ...

Group 1 - The European Commission has imposed additional duties on imported electric vehicles made in China starting from 2024 [1] - Under European Union rules, carmakers can negotiate tariff exemptions for individual electric models imported from China [1]