Core Insights - The biotechnology company reported a quarterly profit of $1.33 billion, which is attributed to higher revenue and lower net unrealized losses on equity investments [1] Financial Performance - Quarterly profit stands at $1.33 billion [1] - Earnings boost is linked to increased revenue [1] - There was a reduction in net unrealized losses on equity investments [1]

The chip maker data center segment sales jumped 39%, driven by strong demand for its EPYC processors and the ramp-up of its Instinct GPU shipments. ...

New restaurant openings helped boost the fast-casual chain's revenue in the latest quarter, even as same-store sales fell. ...

Core Insights - The owner of Oreo and Cadbury reported a quarterly profit of $665 million, which represents a significant decline from $1.75 billion in the same quarter last year [1] Financial Performance - Quarterly profit decreased by approximately 62% year-over-year, from $1.75 billion to $665 million [1]

The videogame company posted a loss of $92.9 million, or 50 cents a share, in the quarter ended Dec. 31, compared with a loss of $125.2 million, or 71 cents a share, a year earlier. ...

Core Viewpoint - The videogame maker reported a lower quarterly profit of $88 million despite a slight increase in revenue attributed to record net bookings [1] Financial Performance - Quarterly profit decreased to $88 million [1] - Revenue experienced a slight uptick, driven by record net bookings [1]

Core Idea - The concept of providing dividends to Venezuelans is appealing, but companies require incentives to increase production levels [1] Group 1: Industry Insights - The restoration of production in Venezuela is crucial for the economy, and companies need motivation to resume operations [1] - Current economic conditions in Venezuela may hinder companies from investing in production restoration without clear incentives [1] Group 2: Company Considerations - Companies operating in Venezuela face challenges that impact their willingness to restore production, including economic instability and lack of incentives [1] - The idea of dividends for citizens could potentially serve as a tool to encourage companies to boost production, but it must be paired with effective incentives [1]

Canada estimates that officials will aim to recover "hundreds of millions of dollars†from Stellantis and General Motors after the companies scaled back production in the country, Industry Minister Me... ...

Core Viewpoint - Shares of private-asset managers, including Ares, Apollo, Blue Owl, and Blackstone, experienced a significant decline on Tuesday [1] Group 1: Company Impact - Ares and Apollo, two major players in the private-asset management sector, saw their stock prices drop sharply [1] - Blue Owl and Blackstone also faced similar declines, indicating a broader trend affecting the private-asset management industry [1] Group 2: Industry Trends - The downturn in share prices reflects growing concerns within the private-asset management industry, potentially signaling shifts in investor sentiment [1] - The decline may impact future fundraising and investment strategies for these firms, as market confidence appears to wane [1]

Banco Santander is buying Webster Financial, the holding company for Webster Bank, in a cash-and-stock transaction valued at $12.3 billion. ...