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Oil Rises Amid Lingering U.S.-Iran Tensions
WSJ· 2026-02-11 01:24
Core Viewpoint - Oil prices increased during the early Asia session due to ongoing tensions between the U.S. and Iran, which may result in supply disruptions [1] Group 1 - The rise in oil prices is attributed to geopolitical factors, specifically the tensions between the U.S. and Iran [1]
Activist Investor Pushes Warner to Walk Away From Netflix Deal
WSJ· 2026-02-11 01:00
Group 1 - Ancora has established a stake of approximately $200 million in Warner Bros. Discovery [1] - The company is in favor of a potential deal with David Ellison's Paramount Skydance [1]
Estée Lauder Files Lawsuit Against Walmart Alleging Sales of Counterfeit Products
WSJ· 2026-02-11 00:21
Group 1 - The lawsuit aims to obtain a court order to prevent Walmart from selling alleged counterfeit products [1] - The lawsuit also seeks monetary damages from Walmart [1]
The FDA has refused to review Moderna's application to sell a new flu shot, the latest move by the Trump administration against vaccines
WSJ· 2026-02-11 00:14
Group 1 - The company announced that the agency would not review its application due to insufficient testing in the study for the shot [1]
Treasury Allows U.S. Companies to Provide Supplies to Venezuela for Oil Production
WSJ· 2026-02-11 00:12
The Trump administration put out a new general license authorizing equipment and technology transactions. ...
The FDA has refused to review Moderna's application to sell a new flu shot, the latest move by the administration against vaccines
WSJ· 2026-02-10 23:00
Core Viewpoint - The company announced that the agency would not review its application due to insufficient testing in the study for the shot [1] Group 1 - The agency's decision is based on the inadequacy of the study testing the shot [1]
AIG Logs Lower Profit as Net Investment Income Slides
WSJ· 2026-02-10 22:11
Core Insights - The decrease in the insurance company's performance was mainly attributed to changes in unrealized losses related to AIG's ownership interest in Corebridge Financial [1] - Additionally, there was a gain from the divestiture of its global personal travel business in the previous year, which also impacted the financial results [1]
AI Threat Widens to Financial Sector
WSJ· 2026-02-10 22:08
Core Viewpoint - Wealth-manager stocks experienced a significant decline due to weak retail sales impacting market indexes [1] Group 1: Market Impact - Weak retail sales have led to a downturn in wealth-manager stocks, indicating a potential correlation between consumer spending and the performance of financial services companies [1]
Lyft Shares Slide on Mixed Fourth Quarter
WSJ· 2026-02-10 22:04
The ride-hailing platform logged higher revenue boosted by double-digit growth in booking, but active riders and rides missed Wall Street's expectations. ...
Zillow Swings to Fourth-Quarter Profit as Revenue Climbs
WSJ· 2026-02-10 21:58
Core Insights - The home-listing site reported a quarterly profit of $3 million, a significant turnaround from a loss of $52 million in the same quarter of the previous year [1] Financial Performance - Quarterly profit: $3 million - Previous year's loss: $52 million - Year-over-year change: Profitability improved by $55 million [1]