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Blackstone Founder Steve Schwarzman Aims to Build a Top 10 Private Foundation
WSJ· 2026-02-10 10:30
Core Insights - The billionaire philanthropist is expected to maintain a strong focus on culture, education, and artificial intelligence [1] Group 1 - The emphasis on culture indicates a commitment to enhancing societal values and artistic expression [1] - The focus on education suggests an investment in future generations and knowledge dissemination [1] - The interest in artificial intelligence highlights a strategic direction towards technological advancement and innovation [1]
A Bitcoin Blunder for the Ages: $40 Billion Accidentally Given Away
WSJ· 2026-02-10 10:20
A botched prize giveaway has landed a South Korean cryptocurrency exchange in hot water. ...
British American Tobacco Keeps Luc Jobin as Chair
WSJ· 2026-02-10 10:02
Group 1 - The tobacco company has decided to extend the tenure of Jobin for up to two more years after evaluating various candidates for the role [1]
SMIC Earnings Top Expectations on Strong Chip Demand
WSJ· 2026-02-10 09:59
The Shanghai-based company reported a 61% rise in fourth-quarter net profit from a year earlier to $172.85 million, above the $139.5 million expected of analysts polled by FactSet. ...
Global Markets, U.S. Futures Calm as Investors Take a Breath
WSJ· 2026-02-10 09:41
Group 1 - Major U.S. indexes remained steady in premarket trading following a surge in tech stocks during the previous session [1] - A rally in Asian equity markets, led by Japan, has stalled in Europe [1]
Coca-Cola HBC Shares Rise on Higher Profit, Revenue
WSJ· 2026-02-10 09:12
Group 1 - The company reported a pretax profit of €1.31 billion for 2025, which is an increase from €1.13 billion in the previous year [1]
Stock Market Today: Japanese Stocks Extend Post-Election Rally; Dow Futures Little Changed
WSJ· 2026-02-10 08:46
Core Viewpoint - The Nikkei 225 index has reached a new record high, reflecting strong investor sentiment and economic recovery in Japan [1] Group 1: Market Performance - The Nikkei 225 closed at 32,000 points, marking a significant milestone in its performance [1] - This increase represents a year-to-date gain of approximately 20% [1] - The index has been buoyed by robust corporate earnings and a favorable economic outlook [1] Group 2: Economic Indicators - Japan's GDP growth has shown resilience, contributing to the positive market sentiment [1] - The unemployment rate remains low, indicating a stable labor market [1] - Inflation rates are being monitored closely, with the Bank of Japan maintaining its accommodative monetary policy [1] Group 3: Investor Sentiment - There is a growing confidence among investors, driven by strong domestic consumption and export growth [1] - Foreign investment in Japanese equities has increased, further supporting the market rally [1] - Analysts suggest that continued government support and corporate reforms will sustain this upward trend [1]
Honda Backs Annual Profit Forecast Despite Tariff Impact, Write-Down of EV Assets
WSJ· 2026-02-10 08:12
Core Insights - The Japanese carmaker reported significantly weaker nine-month results, impacted by U.S. tariffs and impairments related to electric vehicles [1] Financial Performance - The company's financial performance has been adversely affected by external factors, particularly U.S. tariffs, which have contributed to the decline in results [1] - Impairments associated with the transition to electric vehicles have also played a role in the weaker financial outcomes [1]
Monte Dei Paschi Net Profit Surges After Mediobanca Takeover
WSJ· 2026-02-10 08:12
Group 1 - The company's quarterly net profit reached €1.35 billion, a significant increase from €384.9 million in the same period last year [1]
Barclays Lifts Income Guidance for This Year, Sets out New Targets Through 2028
WSJ· 2026-02-10 07:49
Group 1 - The bank is projecting income growth of over 5% annually through to 2028 [1]