Equinix on Tuesday said it signed a joint venture agreement in order to raise over $15 billion in capital, together with GIC and CPP Investments, to boost its hyperscale data center portfolio.
AT&T (T) first attempted to exit the business in 2021 when it sold a 30% stake to TPG (TPG) and set up a joint venture. The venture has since paid regular cash distributions to its owners and AT&T has ...
Charles Schwab Corp. on Tuesday said Walt Bettinger will retire as chief executive on Dec. 31 after leading the brokerage and wealth-management firm since 2008. The company named long-time executive ...
Shares of Sagimet Biosciences rose more than 15% in premarket trading Tuesday after the clinical-stage biopharmaceutical company won Food and Drug Administration breakthrough-therapy designation for ...
Walt Disney Co.'s stock fell 0.9% in premarket trade Tuesday, after Raymond James downgraded it to market perform from outperform, and said a number of headwinds, notably its park division, will keep ...
Investor says cocktail of China and Fed easing should lift stocks Famed hedge-fund manager David Tepper made waves last week by not just saying how much he liked assets tied to China - "everything," ...
Ionis Pharmaceuticals has won Food and Drug Administration fast-track designation for its zilganersen drug candidate for the ultra-rare neurological condition Alexander disease. Ionis on Tuesday said ...
The swaps market shows traders have priced in a roughly one-in-three chance of another rate cut of 50 basis points when the Fed meets in November and around 190 basis points of cuts by the end of 2025 ...
Inflation in the eurozone has fallen below target for the first time in three years in data that reinforce the likelihood the European Central Bank will cut interest rates again later in October.
Boeing Co.'s stock (BA) fell 2.6% early Tuesday, after a Bloomberg report that the aerospace giant is considering raising at least $10 billion by issuing new shares, as it works to bolster cash ...
Nio's stock (NIO) (SG:NIO) charged up 4.9% toward a near nine-month high in premarket trading. That follows a 65.4% run-up in September, which marked the best monthly performance since the record 94% ...
Bud Light sales first started to fall following a backlash to a social-media campaign with transgender influencer Dylan Mulvaney. Even more than a year removed from the eruption of the controversy, ...