Pershing Square is selling 80.6mln shares in Universal Music (UMG NA)
Newsquawk Staff ·
Pershing Square is selling 80.6mln shares in Universal Music (UMG NA)
- US Market Wrap: Stocks gain as tech earnings begin
- US EQUITY OPEN: Indices in the green underpinned by SPCX & SMCI as Mag-7 earnings await after-hours
- US PRE-MARKET MOVERS: SMCI, NFLX, SPCX, UAL, T, COF, MCO, PM, ABT
- [Rolling headline]: Nvidia (NVDA) CEO delivering a keynote speech and has announced a raft of partnerships
- Akzo Nobel (AKZA NA) is in early talks with buyers to sell its European vehicle refinishing business, seeking to secure regulatory clearance for its proposed merger with Axalta Coating Systems (AXTA), reports WSJ
Related headlines
- [EARNINGS CALL] Tesla (TSLA) CEO Elon Musk says the company will increase production to meet demand; company is aiming to produce approximately 5mln vehicles annually by 20301 hour ago
- [EARNINGS CALL] IBM (IBM) says Q3 revenue growth accelerated to 6%, above the base case outlined in July, with acceleration across segments, while management expressed confidence in its balance-of-year outlook, supported by strong profitability and FCF2 hours ago
- Micron (MU) CTO says won't pursue 4F-squared memory chips despite CXMT's (688825 CH) advance, Nikkei reports5 hours ago
- Merck (MRK GY) is collaborating with Nvidia (NVDA), Microsoft (MSFT) and Dawn Health to develop novel support model for people living with rare tumours10 hours ago
- Supermicro (SMCI) brings Nvidia (NVDA) Aerial RAN Computer solutions to the network edge with Nokia (NOKIA FH) to enable low-latency AI services11 hours ago
- Infineon (IFX GY) and Nvidia (NVDA) to partner on power conversion for data centres12 hours ago
- [EARNINGS CALL] Meta (META) expects new AI businesses to generate incremental revenue from 2027 through subscriptions, transactions, advertising and enterprise offerings, with meaningful growth potential over time1 hour ago
- [EARNINGS CALL] Meta (META) CFO expects compute efficiency to improve tenfold over the next year2 hours ago
- [EARNINGS CALL] Meta (META) outlook; Revenue Guidance 73bln-76bln, FY 2026 Total Expenses Guidance 175bln-179bln, FY 2026 Capex Guidance 135bln-145bln (prev. 130bln-145bln)2 hours ago
- [EARNINGS CALL] Meta (META) CEO says Co. expects to grow Muse to serve billions of people, adding that more than 10mln people in the US and Canada have set up Muse personal agents in just a month and a half2 hours ago
- Meta (META) CEO Zuckerberg weighs relocating from California if Prop 40 is enacted, Bloomberg reports3 hours ago
- Meta Platforms Inc (META) Q3 2026 (USD): EPS 3.83 (exp. 6.67), Revenue 64.6bln (exp. 63.31bln)3 hours ago
- Meta (META) plans to introduce new nonvoting stock to fund its AI investments without diluting CEO Zuckerberg's control, reports Semafor citing sources; could be announced as soon as today alongside earnings4 hours ago
- Meta (META) must pay USD 25bln in penalties, a New Mexico judge ruled after jury found company misled consumers about privacy6 hours ago
- Senators express ‘grave concerns,’ launch inquiry into Google’s (GOOGL) AI push in schools, WSJ reports6 hours ago