Molina Healthcare shares plunged about 30% in premarket trading on Friday after the U.S. health insurer forecast 2026 profit at less than half of Wall Street expectations as medical costs rose across ... ...

As the global memory chip shortage hits the smartphone market, a key question is echoing from Silicon Valley to Shenzhen: Will Apple raise prices, or sacrifice profit to gain new customers? ...

Group 1 - Petrobras has acquired a 42.5% stake in an oil exploration field located off the coast of Namibia [1] - The acquisition is part of Petrobras's strategy to explore new frontiers in Africa [1] - This move aims to replenish the company's reserves and enhance its exploration portfolio [1]

Group 1 - Biogen forecasts 2026 profit exceeding Wall Street estimates, driven by demand for newer medicines and its Alzheimer's treatment Leqembi [1] - The company faces competition as older multiple sclerosis drugs encounter pressure from cheaper alternatives [1]

Core Viewpoint - Investors in defense contractors are concerned that a White House order limiting CEO pay, dividends, and stock buybacks may negatively impact shareholder returns and hinder the companies' ability to attract talent [1] Group 1 - The White House order is expected to restrict compensation for CEOs of defense contractors [1] - There are worries that these restrictions could lead to reduced returns for shareholders [1] - The ability of defense contractors to attract and retain top talent may be compromised due to these limitations [1]

Core Viewpoint - An artificial intelligence-driven shakeout in the heavyweight technology sector is anticipated to keep stock investors on edge in the upcoming week, while a series of data releases may shift focus to the overall health of the economy [1] Group 1 - The technology sector is experiencing significant changes driven by artificial intelligence, which is expected to impact stock market volatility [1] - Investors are likely to remain cautious as the technology sector undergoes this transformation [1] - Economic data releases in the coming week could provide insights into the broader economic landscape, potentially influencing investor sentiment [1]

Core Viewpoint - Citigroup executives are increasingly optimistic about completing compliance work related to major regulatory punishments, known as consent orders, by the end of this year [1] Group 1 - The company is making progress in addressing the requirements set forth in the consent orders [1] - There is a growing confidence among executives regarding the timeline for compliance completion [1] - The successful resolution of these compliance issues is expected to positively impact the company's operations and regulatory standing [1]

Core Viewpoint - Volkswagen's joint venture with FAW is set to recall 206,012 units of the Audi Q2L due to potential safety risks related to loose car body panels [1] Group 1: Recall Details - The recall affects Audi Q2L vehicles produced in China between August 2018 and January 2025 [1] - The decision was announced by China's market regulator, highlighting the importance of safety compliance in the automotive industry [1]

Core Viewpoint - Shell has selected PricewaterhouseCoopers (PwC) as its new auditor, set to replace EY starting in 2027 following a tender process [1] Group 1 - Shell's decision to appoint PwC comes after a competitive tender process [1] - PwC will take over the auditing responsibilities from EY in 2027 [1]

Core Viewpoint - Amazon shares experienced an 8% decline in premarket trading due to concerns over the company's significant capital expenditure plans, which have heightened investor anxiety regarding the broader trend of Big Tech's spending on artificial intelligence [1] Group 1 - Amazon's capital expenditure plans are perceived as hefty, contributing to investor worries [1] - The decline in Amazon's shares reflects a broader concern among investors about the spending habits of major technology companies on artificial intelligence [1]