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Google secures EU antitrust approval for $32 billion Wiz acquisition
Reuters· 2026-02-10 15:35
Alphabet's Google gained unconditional EU antitrust approval on Tuesday for its $32 billion acquisition of cybersecurity company Wiz, its biggest ever deal, after regulators said the deal would not ra... ...
AI‑led software selloff may pose risk for $1.5 trillion U.S. credit market, says Morgan Stanley
Reuters· 2026-02-10 15:13
Concerns that artificial intelligence could disrupt large parts of the software industry have started to spill into credit markets, Morgan Stanley warned, as software accounts for about 16%, or $235 billion, of the $1.5 trillion U.S. loan market. ...
Retail inflows into software stocks hit record despite AI-disruption worries
Reuters· 2026-02-10 15:02
Retail investors snapped up software and tech stocks following last week's heavy selloff, largely brushing aside worries that advances in artificial-intelligence models could upend parts of the indust... ...
US telecom firms to face senators questions over phone records
Reuters· 2026-02-10 14:56
Core Viewpoint - The largest U.S. telecom companies are set to face questions from the Senate following a Justice Department investigation that involved obtaining phone data from eight senators related to the January 6, 2021 Capitol events [1] Group 1 - The Senate inquiry is focused on the telecom companies' involvement in the investigation of the January 6 Capitol incident [1] - The Justice Department's actions have raised concerns regarding privacy and the extent of data collection from lawmakers [1] - This situation may lead to increased scrutiny and regulatory challenges for the telecom industry [1]
Goldman Sachs CEO says financial sponsors may boost dealmaking activity
Reuters· 2026-02-10 14:41
Core Viewpoint - Financial sponsors, particularly private equity firms, are expected to increase dealmaking activity as they face pressure to return capital to investors before raising new funds [1] Group 1 - Private equity firms are under pressure to deliver returns to their investors, which may lead to a surge in mergers and acquisitions [1] - The need to return capital is a significant factor influencing the current market dynamics for financial sponsors [1]
Telefonica sells Chile unit to NJJ, Millicom for $1.2 billion
Reuters· 2026-02-10 14:39
Core Viewpoint - Spanish telecoms giant Telefonica has sold 100% of its mobile unit in Chile to French holding company NJJ and Luxembourg-based Millicom, aligning with its strategy of divesting from non-core assets [1] Group 1 - The sale is part of Telefonica's broader strategy to streamline operations and focus on core markets [1] - The transaction reflects Telefonica's ongoing efforts to reduce debt and improve financial stability [1] - NJJ and Millicom are expected to leverage the acquisition to enhance their presence in the Latin American telecom market [1]
Paramount revises offer for Warner Bros with 25-cent ticking fee
Reuters· 2026-02-10 14:07
Paramount said on Tuesday it has revised its $30 per share all-cash bid for Warner Bros Discovery with a 25 cents per share ticking fee for every quarter the transaction is not closed beyond December ... ...
Ecolab forecasts 2026 profit above estimates on strong demand
Reuters· 2026-02-10 14:06
Core Viewpoint - Ecolab has forecasted current-year profit to exceed Wall Street estimates, driven by anticipated growth in its business segments, which will enhance demand for its technologies and services, including cleaning and sanitization solutions [1] Group 1 - Ecolab expects growth in its business segments to positively impact demand for its technologies and services [1] - The company's profit forecast for the current year is above Wall Street estimates, indicating strong performance expectations [1]
Rejection of Texas law blacklisting 'woke' BlackRock could challenge anti-ESG laws in other states
Reuters· 2026-02-10 13:54
Core Viewpoint - A Texas judge has ruled to invalidate a state law that targeted financial firms, including BlackRock and HSBC, for their use of environmental, social, and governance (ESG) factors in investment decisions, which could have significant implications for the investment landscape and regulatory environment in the state [1] Group 1 - The law in question aimed to blacklist financial firms that engage in "woke" investing practices, which has been a contentious issue in the financial industry [1] - The ruling may set a precedent for other states considering similar legislation against firms that prioritize ESG criteria in their investment strategies [1] - BlackRock and HSBC, among others, have been vocal proponents of ESG investing, and this ruling could impact their operations and strategies moving forward [1]
Trimble forecasts upbeat annual profit, revenue on strong software demand
Reuters· 2026-02-10 13:44
Core Insights - Trimble forecasts annual revenue and earnings above Wall Street estimates, driven by increased demand from its strategy of bundling navigation products with software solutions for various industries [1] Group 1: Financial Performance - The company anticipates higher annual revenue and earnings, indicating strong market performance and effective strategic initiatives [1] Group 2: Strategic Initiatives - Trimble's strategy involves bundling navigation products with software solutions, which is expected to enhance demand across different sectors [1]