Core Insights - Tower Semiconductor, an Israeli contract chipmaker, exceeded Wall Street expectations for its fourth-quarter profit, driven by strong demand for its chips used in fast data transmission for artificial intelligence applications [1] Financial Performance - The company reported a profit that surpassed analysts' forecasts, indicating robust financial health and effective management in a competitive market [1] Market Demand - There is a notable increase in demand for Tower Semiconductor's products, particularly in the artificial intelligence sector, which is contributing to its financial success [1]

OPEC on Wednesday forecast world oil demand for crude from the wider OPEC+ producer group will drop by 400,000 barrels per day in the second quarter from the first three months of this year, a copy of... ...

Agibank said on Wednesday it had raised $240 million in its New York initial public offering, the second Brazilian fintech to tap U.S. capital markets in recent weeks. ...

Core Viewpoint - The CEO of BNP Paribas Bank Polska emphasizes the need for Polish lenders to avoid a "murderous" price war in the competitive loan market, as it could lead to unprofitable lending practices [1] Group 1: Industry Competition - Polish lenders are currently facing heightened competition for loans, which is prompting concerns about aggressive pricing strategies [1] - The CEO warns that a price war could undermine the profitability of lending operations within the industry [1]

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. ...