North America :

  • Apple CEO Tim Cook met with China's Vice Premier to discuss investments, updated premium products, shifted production to Vietnam, and faced executive departures to Meta amidst launching new AI-focused devices.
  • Microsoft plans to manufacture most new products outside China starting 2026 and avoids a French antitrust probe.
  • Meta Platforms is investing $1.5 billion in a new Texas data center and has entered a strategic partnership with Arm Holdings PLC to enhance AI efficiency.
  • Hewlett Packard Enterprise updated financial targets, forecasted fiscal 2026 results below estimates, and increased its annual dividend by 10%.
  • Activision Blizzard workers form a union.
  • Bank of New York Mellon Corp announced a quarterly common stock dividend and reported a significant profit increase in Q3.
  • U.S. Bancorp reported an 18% increase in third-quarter profit to $2.001 billion, driven by higher interest income and fee revenue.
  • Exxon Mobil initiated its first upstream production in Brazil and engaged Worley Ltd. for a construction contract on the Baytown project.
  • Fossil Group extended the exchange offer for its senior notes, leading to a significant drop in its stock price.
  • SL Green Realty Corp. reported strong third-quarter earnings, acquiring Park Avenue Tower for $730 million.
  • Hyperfine announced a $17.5 million public offering and reported Q3 sales of $3.4 million.

Europe :

  • Nestle announced plans to eliminate 16,000 jobs under new CEO Philipp Navratil's cost-saving strategy.
  • Nordea Bank exceeded third-quarter earnings expectations and received ECB approval for a EUR 250 million share buyback.
  • ABB reported strong Q3 2025 results with a 29% increase in EPS and a 12% rise in profits.
  • Bavarian Nordic board recommended accepting Innosera's increased takeover offer of $38.94 per share.
  • Merck KGaA presented its 2026 outlook, targeting improvements in life science and electronics sectors.
  • Novartis' drug Fabhalta (Iptacopan) met the primary endpoint in multiple Phase III trials for treating IgA nephropathy.
  • EQT outlined an investment exit strategy and raised EUR 2 billion in Q3 gross inflows.

Rest of the world:

  • TSMC's robust earnings and raised revenue forecasts buoyed emerging market stocks and Asian currencies.
  • Axis Bank reported improved asset quality and lower credit costs in the second quarter.
  • Santos reduced its annual production guidance due to delays and weather-related disruptions.
  • Eternal reported a sequential increase in second-quarter profit to 650 million rupees.
  • SEBI issued an interim order against two CERC officials for allegedly trading on price-sensitive information.
  • Premier Group Limited intends to acquire RFG Holdings Limited through a share swap deal.
  • South Korean automakers' shares surged due to optimism about a potential U.S. trade deal.