North America: 

  • Nvidia invests $2 billion in CoreWeave to build AI factories, expanding their partnership.
  • Boeing is working on increasing production line stability to address jet manufacturing delays.
  • Morgan Stanley Asia CEO Gokul Laroia states that the capital markets environment is strong for IPOs and fundraising.
  • Merck ends acquisition talks with Revolution Medicines, causing a decline in Revolution Medicines' shares.
  • IonQ is acquiring SkyWater Technology for $1.8 billion to enhance semiconductor manufacturing and accelerate quantum processor development.
  • USA Rare Earth shares surge after securing a $1.6 billion funding proposal through a letter of intent with the U.S. Department of Commerce under the CHIPS Act.

Europe:

  • LVMH faces investor concerns over leadership succession and its impact on shareholder value.
  • Ericsson's Q4 earnings exceeded expectations, prompting several banks to raise price targets.
  • EP Group offers €36 per share to increase its stake in Fnac Darty above 50%, valuing the deal at over €1 billion.
  • Fnac Darty reports FY revenue of €10.33 billion, slightly below estimates, with operating income of €203 million and free cash flow of approximately €145 million.
  • Epiroc shares rise 7.2% following a positive earnings announcement.
  • Ependion reports higher order intake for 2025 despite strong currency headwinds.
  • Note AB (publ) proposes no dividend for 2025 despite an increase in operating profit and margins amid a Q4 revenue decline.
  • Ryanair focuses on fleet procurement strategy to optimize operations.

Rest of the world:

  • Axis Bank reported a surprise 3% year-on-year rise in net profit to 64.90 billion rupees for the quarter ended December 31.
  • TEPCO receives approval for a special business plan update, targeting $20 billion in cost cuts over the next ten years through restructuring.
  • Hyundai Steel plans to raise $2.9 billion in capital for its steel plant in Louisiana, U.S.
  • Hyundai Motor executives are traveling to Canada.
  • Zijin Gold International acquires Allied Gold for C$5.5 billion in an all-cash deal.
  • Acenta Group signs a five-year exclusive partnership agent agreement for commercialization rights of padel court concepts in Australia, New Zealand, and Oceania.
  • Saudi Aramco sets initial price guidance for a four-tranche U.S. dollar bond offering.
  • Honda has resumed its manufacturing operations in China.