LONDON--(BUSINESS WIRE)--Capri Holdings Limited (NYSE:CPRI), a global fashion luxury group, today announced its financial results for the third quarter of Fiscal 2026 ended December 27, 2025. Third Quarter Fiscal 2026 Highlights from Continuing Operations John D. Idol, the Company's Chairman and Chief Executive Officer, said, "We were pleased with our third quarter performance which exceeded our expectations. Across both Michael Kors and Jimmy Choo we continue to advance our strategic initiatives to positio ...

Core Insights - Pfizer's experimental obesity drug demonstrated a weight loss of up to 12.3% in patients without diabetes during a mid-stage trial [1] Company Summary - The obesity drug was acquired through the Metsera deal, indicating Pfizer's strategic expansion into the obesity treatment market [1]

Pfizer Reports Solid Full-Year 2025 Results And Reaffirms 2026 GuidanceFeb 3, 2026 6:45 AM Eastern Standard Time# Pfizer Reports Solid Full-Year 2025 Results And Reaffirms 2026 GuidanceShare---- Advanced 11 Key Pivotal Study Starts in 2025 and ~20 Key Pivotal Study Starts Planned for 2026- Enters 2026 with Clear Strategic Priorities and Growing Late-Stage Pipeline- Focused Execution Drives Strong Full-Year 2025 EPS PerformanceNEW YORK--([BUSINESS WIRE])--Pfizer Inc. (NYSE: PFE) reported financial results fo ...

Core Viewpoint - Canada Nickel Company has filed independent technical reports supporting the initial mineral resource estimates for its Midlothian and Bannockburn Nickel Sulphide Projects, with no material differences from previously disclosed results [1][2]. Group 1: Technical Reports - The technical reports were issued on February 2, 2026, with an effective date for the mineral resource estimates of December 15, 2025 [2]. - The reports are titled "National Instrument 43-101 Initial Mineral Resource Estimate and Technical Report for the Midlothian Ni-Co-Pd-Pt Deposit" and "National Instrument 43-101 Initial Mineral Resource Estimate and Technical Report for the Bannockburn Ni-Co-Pd-Pt Deposit" [2]. - The reports were prepared by Caracle Creek International Consulting Inc. and are available on SEDAR+ [2]. Group 2: Financial and Corporate Actions - Canada Nickel has amended its option agreement for the Midlothian property, agreeing to issue 27,400 common shares to optionors in exchange for deferring a payment of $200,000 from November 2025 to January 2026 [3]. Group 3: Company Overview - Canada Nickel is focused on advancing nickel-sulphide projects to meet the growing demand in electric vehicle and stainless-steel markets [5]. - The company is pursuing the development of processes for producing net zero carbon nickel, cobalt, and iron products, and has applied for trademarks related to these initiatives [5]. - Canada Nickel's flagship project is the 100% owned Crawford Nickel-Cobalt Sulphide Project located in the Timmins-Cochrane mining camp [5].

Core Viewpoint - Brightstar Lottery PLC will host a conference call and live webcast on February 24, 2026, to discuss its fourth quarter and full year 2025 results, ending December 31, 2025 [1]. Group 1: Conference Call Details - The conference call is scheduled for February 24, 2026, at 8:00 a.m. EST [2]. - Participants are encouraged to pre-register for the conference call to receive a dial-in number and unique PIN [2]. - A live, listen-only webcast will be available on Brightstar's Investor Relations website, with a replay accessible after the call [2]. Group 2: Company Overview - Brightstar Lottery PLC is a global leader in the lottery industry, known for its secure technology and comprehensive solutions [3]. - The company operates as a pure play global lottery entity, providing best-in-class lottery operations, retail and digital solutions, and award-winning lottery games [3]. - Brightstar has approximately 6,000 employees and maintains a strong local presence, partnering with governments and regulators worldwide [3].

(1) Full Year 2025 Financial Highlights: (1) | Q4 2025 | | Q3 2025 FY 2025 FY 2024 | | | | | --- | --- | --- | --- | --- | --- | | Summary Operating Results: | | | | | | | (1) | | | | | | | | $ | 0.09 | $ | 0.35 $ 1.04 | $ 1.67 | | GAAP Net Income per Diluted Common Share | | | | | | | GAAP Net Income (in millions) | $ | 53.1 | $ | 193.7 $ 567.2 $ 835.0 | | | Non-GAAP Results: | | | | | | | (1)(2) | | | | | | | | $ | 0.74 | $ | 0.54 $ 2.35 | $ 2.10 | | Earnings Available for Distribution per Diluted Common ...

Core Insights - Oracle is considering significant job cuts, potentially reducing its workforce by 20,000 to 30,000 positions to address funding challenges for its AI data centers [1] - The company aims to generate $8 billion to $10 billion in cash flow through these workforce reductions [1] Group 1: Financial Challenges - Oracle's infrastructure projects require an estimated $156 billion in capital expenditure, but reduced lending from US banks has hindered financing [2] - Increased borrowing costs have resulted from lenders doubling interest rate premiums since September, causing delays in project agreements [2] - Despite raising approximately $58 billion for new centers, Oracle has only met a small portion of its total funding needs [3] Group 2: Strategic Adjustments - To alleviate capital needs, Oracle is requiring 40% upfront payments from new customers and is considering models where clients provide their own hardware [4] - These strategies aim to shift financial burdens away from Oracle but introduce operational risks, including potential contract renegotiations [4] Group 3: Market Dynamics - The combination of workforce cuts and customer-provided hardware may be the most feasible approach for Oracle under current conditions, representing the largest workforce change in recent years [5] - OpenAI has shifted capacity demand to competitors like Microsoft and Amazon, impacting Oracle's previously leased capacity for OpenAI workloads [6] - Oracle reaffirmed its partnership with OpenAI, stating that stalled investment arrangements between Nvidia and OpenAI do not affect its financial relationship with OpenAI [7]

What matters in U.S. and global markets today ...

Core Viewpoint - HP Inc. (HPQ) stock has experienced significant pressure, declining approximately 40% from its peak due to weak PC demand, fears of ongoing printer market decline, and general multiple compression linked to rising interest rates [1] Company Performance - The stock has been under pressure for the past year, reflecting a combination of market concerns regarding demand and valuation [1] Market Conditions - The decline in HPQ's stock price is attributed to broader market trends, including weak demand for personal computers and fears surrounding the printer market's long-term viability [1]

Economic Indicators - U.S. manufacturing has rebounded sharply, with the ISM survey indicating factory activity expanded in January for the first time in a year, impacting macroeconomic and interest rate expectations [1] Market Performance - U.S. equities remained stable amid a commodities selloff, with major Wall Street indexes closing higher, particularly driven by tech and AI companies, such as Alphabet and Amazon, which rose by 1.9% and 1.5% respectively [3] - European equities also saw gains, with the pan-European STOXX 600 closing 1% higher, reaching a new record high, supported by strong performances in financial and healthcare sectors [4] Corporate Developments - Elon Musk announced that SpaceX has acquired his AI startup xAI, which may enhance SpaceX's expansion into the data center business and strengthen its position in the AI sector [4] - Upcoming earnings reports from AMD, Supermicro Computer, PepsiCo, and Pfizer are anticipated to provide insights into the performance of the AI economy and consumer sectors [5] Commodities Market - Precious metals, particularly gold, experienced a significant surge of over 5%, marking its largest one-day gain since 2008, despite recent volatility [7] - Oil prices continued to decline as geopolitical risks eased, particularly due to potential de-escalation in U.S.-Iran tensions, with oil falling more than 4% on Monday [8]