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Mercedes-Benz Expects New Models and Cost Cuts to Drive Earnings Higher This Year
WSJ· 2026-02-12 06:26
Core Insights - The German luxury-car maker plans to launch over 40 new models by 2027, indicating a strong commitment to innovation and expansion in its product lineup [1] - The company is currently operating on three shifts to meet the high demand for its vehicles, reflecting robust market interest and sales performance [1]
Origin Energy Sees Opportunity for Data Centers by Its Power Plants
WSJ· 2026-02-12 05:00
Core Viewpoint - The Australian company, Origin, is expected to benefit from supplying energy to data centers, which are anticipated to drive future growth in power demand [1] Company Summary - Frank Calabria, the chief executive of Origin, highlighted the company's strategic position as a supplier of energy to data centers [1]
Sanctions, Ship Seizures and Low Prices Squeeze Russia's Oil Industry
WSJ· 2026-02-12 04:00
Core Insights - Moscow is facing significant challenges in selling oil, with millions of barrels currently floating on the water, indicating a surplus and lack of buyers [1] - The situation has led to record price discounts for Russian oil, reflecting the difficulties in the market [1] Industry Summary - The oil market is experiencing a notable oversupply, as evidenced by the large volume of unsold oil waiting for buyers [1] - Price discounts for Russian oil have reached unprecedented levels, highlighting the competitive pressures and market dynamics at play [1]
ANZ Bank Shares Enjoy Best Day Since 2020 as Cost Cuts Show
WSJ· 2026-02-12 02:20
SYDNEY—ANZ Group shares are on course for their best day since 2020 after the country's fourth-largest lender cut its first-quarter costs by more than analysts had expected. ...
U.S. Energy Secretary Talks Oil Revival—and Democracy—in Venezuela Visit
WSJ· 2026-02-12 02:08
Core Viewpoint - Significant advancements are being made in crude oil production, as stated by Chris Wright [1] Group 1 - The industry is experiencing "enormous progress" in crude production [1]
The FDA's refusal to review Moderna's application to sell a new flu shot is part of a pattern of regulatory U-turns and overruling of FDA staff by Vinay Prasad, head of the agency's vaccine division
WSJ· 2026-02-12 02:00
Group 1 - The head of the agency's vaccine division, Vinay Prasad, has made a decision that overrides objections from career staffers [1]
WeRide Using AI to Cut Costs as It Grows Robotaxi Fleet
WSJ· 2026-02-12 01:56
Core Insights - The company has successfully reduced its data collection and training costs by 75% [1] - The company aims to at least double its fleet size within the current year [1]
Gold Falls on Prospects of Long Fed Pause
WSJ· 2026-02-11 23:41
Gold fell in the early Asian session amid prospects of a long Fed pause, which could reduce the appeal of the non-interest-bearing precious metal. ...
Novocure Gets FDA Approval for Pancreatic Cancer Treatment; Shares Soar
WSJ· 2026-02-11 23:33
Core Viewpoint - The Swiss biopharmaceutical company's shares experienced a significant increase in after-hours trading following the FDA's approval of its Optune Pax product [1] Company Summary - The company is a Swiss biopharmaceutical firm that has recently received FDA approval for its product, Optune Pax [1] - The approval has positively impacted the company's stock performance, leading to a surge in share prices during after-hours trading [1] Industry Summary - The FDA's approval of new biopharmaceutical products is a critical factor influencing stock prices and investor sentiment within the biopharmaceutical industry [1] - The successful launch of innovative products like Optune Pax can enhance a company's market position and drive future growth in the biopharmaceutical sector [1]
Fed's Miran Says Rates Cuts Still Possible Following Strong Jobs Report
WSJ· 2026-02-11 22:51
Core Viewpoint - The Federal Reserve governor believes there is a valid argument for cutting interest rates following a better-than-expected jobs report for January [1] Group 1 - The January jobs report exceeded expectations, which may influence monetary policy decisions [1]