Finance

Markets, economy, and industry.

  1. Industry

    Samsung Forecasts Record Quarterly Profit as AI Memory Chips Boom

    Samsung projects a record Q1 2026 operating profit of about ₩57.2 trillion, driven largely by surging demand for AI memory chips.

    · #samsung #semiconductors #ai #memory-chips

  2. Industry

    Wipro Acquires Mindsprint from Olam in $375M Deal to Overhaul Agribusiness Tech

    Wipro buys Olam's Mindsprint for $375M and signs $1B contract to transform agribusiness technology and shared services over eight years.

    · #wipro #olam #mindsprint #agribusiness #technology

  3. Industry

    Howmet Aerospace Finalizes $1.8 Billion Acquisition of Aerospace Fastening Maker CAM

    Howmet Aerospace has acquired California-based CAM for $1.8 billion, expanding its aerospace fastener portfolio amid industry growth.

    · #aerospace #acquisition #howmet #consolidatedaerospacemanufacturing #fasteners

  4. Industry

    Biogen Signals $34 Million Deal-Related Charge as It Reshapes Earnings Strategy

    Biogen warns of a $34M charge tied to licensing and research deals, underscoring the rising cost and volatility of its deal-driven strategy.

    · #biogen #biotechnology #earnings #deal #pharma

  5. Industry

    Colorado beef-plant strike pauses as 3,800 JBS workers vote to return while talks resume

    After a three-week walkout at a major U.S. slaughterhouse, union workers at JBS’s Greeley, Colorado, plant return as negotiations restart.

    · #jbs #meatpacking #laborstrike #beef

  6. Industry

    U.S. to repay TotalEnergies nearly $1 billion to drop offshore wind leases, redirecting investment to LNG and drilling

    Interior will refund TotalEnergies’ 2022 offshore wind lease payments after it matches the sum in U.S. oil, gas and LNG investments.

    · #energy #offshorewind #lng #oilgas #interiordepartment

  7. Industry

    Charlotte’s Web to Swap Debt for Equity as British American Tobacco Becomes Top Shareholder

    CBD pioneer Charlotte’s Web will erase long-term debt by converting BAT’s debenture to equity and raising $10M—diluting shareholders as BAT nears 41%.

    · #cbd #hemp #britishamericantobacco #recapitalization #medicare

  8. Industry

    Micron to Spend Over $4 Billion to Retire Long-Dated Bonds as AI Boom Boosts Cash Flow

    Micron says investors tendered about 80% of $5.4B in notes in a cash buyback, paying up to an 8% premium as AI demand reshapes its finances.

    · #micron #semiconductors #ai #bonds #debt

  9. Industry

    MediaCo posts 40% revenue jump in 2025 as losses widen after EstrellaTV deal

    Owner of Hot 97, WBLS and EstrellaTV reports $133.3M in 2025 revenue but a $66.2M loss, citing impairments, warrant swings and debt costs.

    · #broadcasting #streaming #earnings #nasdaq #multiculturalmedia

  10. Industry

    GoHealth Reports 55% Revenue Drop and $498 Million Loss as Medicare Broker Pulls Back

    GoHealth posted a steep 2025 revenue decline and a $498M loss after cutting Medicare Advantage enrollments, taking big impairments, and facing Nasdaq warnings.

    · #medicareadvantage #insurance #nasdaq #earnings #healthcare

  11. Industry

    MSCI Chief Accounting Officer to Step Down in 2026, Company Says No Dispute

    MSCI says global controller and chief accounting officer C. Jack Read will leave in August 2026. The index giant has begun a successor search.

    · #msci #accounting #corporategovernance #sec #indexes

  12. Industry

    Oramed Sells Oral-Insulin Unit to Lifeward, Takes Major Stake in Exoskeleton Maker

    Oramed sells its oral drug unit to Lifeward, receiving shares, warrants, royalties and convertible notes—positioning it as a near-control shareholder.

    · #biotech #medtech #nasdaq #exoskeleton #convertiblenotes

  13. Industry

    T-Mobile Narrows Who Guarantees Billions in Debt in Quiet SEC Filing

    A March 31 8-K shows T-Mobile released some subsidiaries from guaranteeing its $10B revolver and senior notes, tightening the group backing key debt.

    · #tmobile #debt #secfiling #creditfacility #telecom

  14. Industry

    Nike’s sales held steady this winter, but profits fell 35% as tariffs and China weakness squeezed margins

    Nike posted flat quarterly revenue but a 35% profit drop, citing higher tariffs, weaker China demand and a shift back toward wholesale sales.

    · #nike #earnings #tariffs #china #retail

  15. Industry

    Beyond Meat Posts First Annual Profit—But Only After a $549 Million Debt-Restructuring Gain

    Beyond Meat reported its first yearly profit, driven by a one-time debt-restructuring gain, as revenue fell, losses widened and factories closed.

    · #beyondmeat #plantbased #earnings #debt #restructuring

  16. Industry

    Conagra’s sales return to growth, but profit drops as costs bite

    Conagra posted 2.4% organic sales growth in its latest quarter, but adjusted EPS fell 24% as inflation, tariffs and weaker margins weighed.

    · #conagra #earnings #packagedfood #inflation #debt

  17. Industry

    Utah’s only operating uranium mill begins producing terbium, a key rare earth for EVs and defense

    Energy Fuels says it produced its first terbium oxide at Utah’s White Mesa Mill, advancing U.S. rare-earth ambitions and renewing Ute concerns.

    · #rareearths #terbium #electricvehicles #defense #utah

  18. Industry

    Michigan approves massive DTE battery build-out to back AI data center and coal retirements

    Regulators OK 1,332 MW of DTE battery storage—part for a planned 1.4‑GW Oracle-linked AI data center—raising questions about costs and oversight.

    · #michigan #energystorage #datacenters #dte #cleanenergy

  19. Industry

    White-Collar Workers Strike at Bath Iron Works, Ratify New Four-Year Contract

    More than 600 designers and technicians at Bath Iron Works staged a rare strike amid wartime shipbuilding demands, then approved a new deal.

    · #shipbuilding #labor #defenseindustry #maine #unions