MASTERCARD INC

Marriott International President & CEO Anthony Capuano recently exercised 16,428 stock appreciation rights and subsequently sold 63,355 Class A shares. The transactions, dated November 4, 2026, also included a gift of 5,000 Class A shares and the withholding of 10,823 shares for tax obligations. This activity significantly reduced his direct holdings of Class A Common Stock.

Macerich is planning to close an off-market mall acquisition by the end of 2026, anticipating a stabilized yield of 9% to 11%. The company intends to fund the purchase using part of its $372 million unsettled forward equity pool. This acquisition is expected to boost funds from operations (FFO) per share in both 2027 and 2028, and also reduce leverage.

Daymon Loeb, CEO of Ravenstone Capital Management, is focusing on "boring, traditional businesses" with strong fundamentals and reasonable valuations, rather than the AI trade. He has recently bought S&P Global (SPGI-N) due to its dominant market position and attractive valuation despite AI disruption fears, and Berkshire Hathaway (BRK-B-N), believing the market undervalues its intrinsic value and new CEO Greg Abel's leadership. Mastercard (MA-N) is another recent purchase, valued for its global duopoly in payment systems and lack of credit risk.

The US Dollar (USD) trades sharply higher against its major currency peers as global sector rotation due to intensified sell-off in stocks related to Artificial Intelligence (AI) infrastructure has increased demand for safe-haven assets.

Analog Devices (ADI) has finalized its acquisition of Alif Semiconductor, thereby expanding its footprint in the AI-native microcontroller and fusion processor sectors. This strategic move aims to accelerate product development across high-growth technology verticals, integrating Alif's AI-focused microcontrollers into Analog Devices' existing channels for industrial, data center, robotics, and digital health applications. The acquisition reinforces ADI's focus on edge AI and automotive content, aligning with prior strategic initiatives.

The Japanese Yen (JPY) trades higher against the US Dollar (USD) on Thursday. In the European trade, the USD/JPY pair is down 0.3% to near 157.90. The pair faces selling pressure as the US Dollar...

The USD/JPY edges lower but trims some of its earlier losses, down 0.20% in the aftermath of the US midterm election results. However, the pair seems to form a tilted bullish ‘pin bar ’, yet it remains consolidated within the 50- and 200-day SMAs, each at 157.39 and 158.62.

KKR & Co Inc has agreed to sell its full-service wagon and intermodal equipment leasing company, Infinity Transportation, to Ares Infrastructure Equity and Ares Insurance Solutions funds for approximately $2.9 billion. The transaction is expected to close in Q1 2027, pending regulatory approvals. Infinity Transportation, founded in 2004, owns and manages about 50,000 wagons across North America.