Daily Management Review
Business & Finance

Arm's ADRs add 17% after the company's first chip presentation

Arm Holdings, a British company that makes processor technology, which is mostly owned by Japan's SoftBank Group, showed off its first chip at the Arm Everywhere conference. After that, Arm's American Depositary Receipts increased by 17% during trading, according to Reuters. The Arm AGI central...

Barclays raises S&P 500 end-2026 forecast to 7,650

Analysts from Barclays Bank have updated their prediction for the S&P 500 index, increasing their estimate for the end of 2026 from 7,400 to 7,650. The bank stated that a big increase in company profits, especially in tech businesses, along with strong economic growth, will be more important than...

Xiaomi's quarterly net profit falls by 27%

Xiaomi, the maker of consumer electronics and electric vehicles, experienced a 27.3% decrease in its net profit during the fourth quarter of 2025. This decline comes as the company keeps investing into producing vehicles. Xiaomi's net profit for the October to December period amounted to 6.54...

Atlas Air places largest-ever freighter order from Airbus

Atlas Air Worldwide Holdings Inc., a leading global air cargo operator, revealed its biggest order for new planes, intending to expand its business further. The airline is set to acquire 20 A350 freighters from Airbus, with the possibility of acquiring 20 additional ones, Chief Executive Officer...

Netflix to pay up to $600 million for Ben Affleck's AI firm

American streaming service Netflix Inc. has purchased InterPositive, a company that focuses on AI technologies used in making movies. The exact amount of the deal was not made public, but according to Bloomberg, which is quoting reliable sources, Netflix is expected to pay as much as $600 million....

Honda downgrades fiscal year outlook, may write down up to $15.7 billion

Honda Motor Co. has revised its main financial predictions for the ongoing fiscal year ending in March and now anticipates an operating loss ranging from 270 billion to 570 billion yen ($1.7 billion-$3.6 billion), a decrease from its earlier projection of a profit of up to 550 billion yen, the...

UBS asks the court to absolve it of liability for Credit Suisse's collaboration with the Nazis

Swiss UBS AG has requested a US court to restrict its liability for possible upcoming claims related to Credit Suisse, which it purchased in 2023, because of the acquired bank's potential connections to the Nazis during World War II, according to Reuters. UBS attorney David Burns requested Brooklyn...

Reuters: Indian company Reliance purchased 6 million barrels of Russian oil

Indian energy company Reliance Industries has acquired a minimum of 6 million barrels of Russian crude oil to be delivered in March. Reuters reports, based on information from two reliable sources, that the company bought multiple shipments of Russian Urals crude oil at prices that were between $1...

Global Sports Capital Converges on IPL as David Blitzer Intensifies Franchise Battle

The Indian Premier League has entered a new phase of global financial magnetism, with U.S. billionaire investor David Blitzer emerging as a serious contender for a controlling stake in one of its marquee franchises. His reported due diligence on Royal Challengers Bengaluru and Rajasthan Royals...

De Beers raises large diamond prices amid shortage

De Beers increased the prices of large diamonds during its regular auction, which took place this week in Botswana, as reported by the industry news agency Rapaport. This action shows a significant lack of diamonds that are 5 carats or bigger, as cutters are fighting for available supplies due to...
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