Apollo Global Management has announced a strategic minority investment in Mubadala Capital, the alternative asset management subsidiary of Abu Dhabi’s sovereign wealth fund. This investment, which could be around 10%, aims to broaden Mubadala Capital's investor base, expand its strategies, and pursue new global opportunities, further strengthening Apollo's presence in Abu Dhabi. Together with additional strategic investors, an aggregate of $5 billion is expected to be committed to Mubadala Capital’s investment strategies.
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Barclays has lowered its price target for KKR & Co. Inc. (NYSE:KKR) from $130 to $127, while maintaining an "overweight" rating, indicating a potential upside of 37.27%. This adjustment comes amidst a broader positive analyst sentiment, with KKR holding a "Moderate Buy" consensus rating and an average target price of $124.05 from multiple research firms. The asset manager recently reported strong quarterly earnings of $1.63 per share, surpassing analyst estimates of $1.43.
Seven people quit OpenAI to cofound Anthropic in January 2021. Five-and-a-half years later, each of them owns almost exactly the same slice of the AI company that just officially released its paperwork for an...
Vulcan Materials (NYSE: VMC) has outperformed the market over the last 15 years, achieving an average annual return of 15.44%. A $100 investment in VMC stock 15 years ago would now be worth $831.90. This demonstrates the significant impact of compounded returns on cash growth over time.
Gilead Sciences is set to report its third-quarter 2026 earnings on October 29, with analysts expecting $2.21 EPS on $7.81 billion in revenue, indicating a challenging year-over-year earnings comparison despite stable revenue. The consensus EPS has seen a slight upward revision recently, but the overall outlook suggests potential margin compression or increased operating expenses. Investors will focus on gross and operating margin trends, pipeline updates, and management's guidance for future quarters.
Meta Platforms said on Monday it plans to raise up to $95 billion in its largest-ever equity fundraising, as the social media giant spends aggressively on its AI infrastructure expansion.
The St. Louis-based insurer is adding onto a growing pile of lawsuits from insurers trying to get their quality scores recalculated — and nab hundreds of millions of dollars in extra payments as a result.
M&T Bank and Wilmington Trust have appointed Brian Green as their new Chief Investment Officer, effective immediately. Green will lead the Asset Management team, overseeing investment philosophy, strategies, and delivery for both Wealth and Institutional clients, reporting to Lisa Roberts, Head of Wealth Management at Wilmington Trust. He brings over 30 years of experience, succeeding Tony Roth, who is set to retire at year-end.
FedEx Corp. has named Jamere Jackson as its next chief financial officer, effective November 30, succeeding interim CFO Claude Russ. Jackson, previously CFO at AutoZone, brings extensive experience in finance and operations from various leadership roles at companies like Hertz Global Holdings and Nielsen Holdings. CEO Raj Subramaniam emphasized that Jackson's expertise will support FedEx's strategic initiatives to boost profits and guide investment decisions.
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Nathan Blecharczyk, a trustee and account stakeholder for Airbnb (ABNB), has proposed selling 13,615 Class A shares valued at approximately $2.33 million, with an approximate sale date of October 26, 2026. This proposed sale follows a significant transaction on August 7, 2026, where the Blecharczyk Revocable Trust sold 531,000 Class A shares for over $92.6 million. The filing also details other Class A share sales by various Blecharczyk trusts during the past three months.
Senator Alan Armstrong sold between $250,001 and $500,000 worth of Williams Companies (NYSE: WMB) stock on September 8, 2026, as reported in an October 23, 2026 filing. Over the past three years, Armstrong has conducted 708 stock transactions totaling over $8.77 million, including significant trades in Williams Companies and Apple. Congressional transactions are public filings intended to ensure transparency and prevent the use of private information for personal gain.
Read Hog futures close higher after new lows as pork cutout slips - CME in addition to hundreds of recent farming and agriculture news articles. View up to date crop reports, livestock information and ag industry breaking news from farms.com.
Gilead Sciences' $1.275 billion upfront investment in an oral peptide program from PepStar Therapeutics highlights growing big pharma interest in oral peptide therapies, even at early development stages. This puts a spotlight on companies like Entera Bio, which is advancing its oral peptide EB613 for osteoporosis into Phase 3 with promising patient efficacy data and secured funding. The article suggests that Entera's N-Tab platform, designed to enable oral delivery of complex peptides, could unlock broader markets for bone-building treatments and other conditions.
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BondBloxx's JPMorgan USD Emerging Markets 1-10 Year Bond ETF (XEMD) has achieved over $1 billion in assets under management, four years after its launch, contributing to BondBloxx's total assets of more than $8.5 billion. The ETF invests in U.S. dollar-denominated emerging-market sovereign bonds with shorter durations, aiming to offer diversification and income while mitigating direct foreign currency risk and reducing interest rate sensitivity compared to broader strategies. While emerging market debt provides growth exposure, investors should be aware of risks related to sovereign creditworthiness and global financial conditions.
The Benjamin Chambers Elementary PTO received a donation of hygiene products from the Ulta Beauty Distribution Center for its Winter Clothing Drive. The PTO publicly thanked Christine from the distribution center for her contribution. This donation will support the local community initiative.
T. Rowe Price Group (TROW) is expected to report Q3 2026 earnings of $2.65 per share on revenue of $1.98 billion on October 29. The EPS consensus has slightly declined over the past 30-90 days, indicating modest tempering of analyst expectations. While revenue is projected to grow year-over-year, EPS is expected to decline by 5.7%, suggesting potential margin compression or increased expenses.
Oct 26, 2026, 10:51 a.m. EDT2 min readSouth Korea is leaning toward delaying its tax on crypto gains for a fourth time. (Jakub Żerdzicki/Unsplash)SummarySouth Korea is leaning toward delaying its crypto gains...
American Tower (AMT) has increased its full-year data center revenue growth outlook to approximately 15% due to strong leasing activity and demand. Despite a recent surge in its share price, the company is still considered undervalued by many investors, with a fair value pegged at $227.26 compared to its current trading price of $188.97. However, potential risks such as higher interest rates and carrier consolidation could impact future valuations.
Michael Burry is still short Palantir heading into Monday's earnings report, and with shares priced at over 120 times forward earnings, one soft data point could hand skeptics exactly the opening they need.
Commerzbank’s Dr. Vincent Stamer analyzes Spain’s strong economic performance, with GDP expected to grow 2.6% in 2026, far ahead of other Euro area economies. He attributes this to higher potential growth...
Timothy P. Eckersley, an officer at Allegion plc, has filed a Form 144 notice proposing the sale of 6,364 common shares of ALLE, valued at approximately $1.14 million. These shares were acquired on February 5, 2025, through restricted stock vesting as compensation. The approximate sale date is listed as October 26, 2026, with Fidelity Brokerage Services LLC named as the broker.
The head of the luxury carmaker Audi is under fire in Germany for appearing at a rally with Donald Trump just days before the US midterm elections, to announce billions of dollars of investment in...
Texas Instruments (NASDAQ: TXN) has demonstrated significant outperformance over the past two decades, yielding an average annual return of 11.97%. An initial investment of $1000 in TXN stock 20 years ago would now be valued at $9,527.53, highlighting the substantial impact of compounded returns. The company currently holds a market capitalization of $255.25 billion.
Barclays PLC has notified Mobico Group PLC of a major holding, indicating an acquisition or disposal of voting rights. The notification shows that Barclays PLC now holds a total of 6.15% of the voting rights in Mobico Group PLC, comprising both direct voting rights and voting rights through financial instruments, with the threshold crossed on October 22, 2026. This represents an increase from their previous notification of 5.84%.