Western Digital’s board has authorized an additional $4 billion for stock repurchases, the company announced Tuesday, signaling a major ramp-up in shareholder returns. The San Jose-based data storage provider currently has roughly $484 million remaining under its previous authorization, bringing its total capacity for buybacks to nearly $4.5 billion.
Illinois Tool Works (ITW) reported a rise in fourth-quarter profit and revenue on Tuesday, surpassing Wall Street expectations through disciplined margin management. The industrial manufacturer posted a net income of $790 million, supported by a 4.1% increase in total sales, signaling resilience despite a complex global operating environment.
Galaxy Digital Holdings saw its shares slide 6% in Tuesday premarket trading following a sharp fourth-quarter loss that missed analyst expectations. The digital-asset firm reported a deficit of $481.7 million, hit by a significant downturn in cryptocurrency valuations that eroded the worth of its core investment holdings.
BlackBerry and HaleyTek have expanded their partnership to integrate a centralized audio architecture into Volvo Car’s upcoming EX60 fully-electric SUV. The collaboration marks the first implementation of a fully software-defined audio system using the QNX Sound platform, moving away from traditional hardware-dependent setups.
AbbVie has submitted applications to U.S. and European regulators seeking to expand the use of its flagship autoimmune drug, Rinvoq, to treat vitiligo. If cleared, the therapy would become the first systemic treatment available for the chronic depigmenting disorder, potentially addressing a significant unmet need for millions of patients worldwide.
Medtronic announced Tuesday it has exercised an option to acquire medical technology firm CathWorks for up to $585 million, a move aimed at integrating AI-driven diagnostics into the treatment of coronary artery disease.
Shares in European publishing giants RELX and Wolters Kluwer plummeted on Tuesday as investors reacted to new legal-focused artificial intelligence features from Anthropic, stoking fears that Silicon Valley startups could erode the dominance of traditional professional data providers.
Italy successfully raised 14 billion euros ($16.51 billion) through the issuance of a new 15-year government bond maturing in October 2041. The sale, conducted via a bank syndicate on Tuesday, saw overwhelming investor demand with orderbooks exceeding 157 billion euros, according to lead manager banks.
CyanConnode Holdings shares climbed sharply on Tuesday after the company confirmed a preliminary £35 million ($47.8 million) takeover approach from UAE-based Esyasoft Holding. The non-binding proposal values the smart-metering specialist at a significant premium, prompting the board to launch a formal evaluation of the offer.
NGL Energy shares climbed 9% in premarket trading Tuesday after the company announced a collaboration with nuclear developer Natura Resources. The partnership will combine Natura’s small modular reactor (SMR) technology with NGL’s desalination expertise to recycle oilfield wastewater in the Permian Basin.
Nanox shares climbed in premarket trading Tuesday after the medical imaging firm received U.S. Food and Drug Administration (FDA) clearance for its TAP2D enhancement software. The update allows the company’s digital tomosynthesis systems to generate high-quality 2D images from existing 3D scans, streamlining diagnostic workflows without increasing patient radiation exposure.
Gartner Inc. shares tumbled more than 18% in premarket trading Tuesday after the research and advisory firm issued a 2026 financial outlook that fell significantly short of Wall Street expectations. Despite reporting fourth-quarter adjusted earnings that surpassed analyst estimates, the company's conservative long-term revenue and profit targets triggered a sharp sell-off.
FuboTV stock tumbled in premarket trading Tuesday after the sports-first streaming service reported a fiscal first-quarter loss, overshadowing a significant surge in top-line revenue. The decline extends a volatile year for the broadcaster, which has struggled to maintain investor confidence despite aggressive expansion in the competitive live-TV market.
Archer Daniels Midland (ADM) has authorized a 2% increase to its quarterly dividend, marking the 53rd consecutive year the Chicago-based agribusiness giant has raised its payout to shareholders.
Massimo Group shares cratered in premarket trading after the manufacturer announced a deal to acquire FST, a strategic move designed to integrate artificial intelligence into its vehicle lineup and launch the company into the health robotics sector.
PepsiCo announced a 4% increase to its annual dividend and a new $10 billion share repurchase program on Tuesday, marking the company’s 54th consecutive year of payout hikes and reinforcing its status as a premier Dividend King.
Ball Corp. swung to a fourth-quarter profit, buoyed by a 16% jump in sales and the successful transfer of rising raw material costs to consumers. The Westminster, Colorado-based manufacturer reported a sharp rebound in global demand for aluminum packaging, outperforming Wall Street expectations on both the top and bottom lines.
Bank of Hawai‘i announced that Peter Ho will retire as chief executive officer at the end of March, concluding a 14-year tenure at the helm of the Honolulu-based lender. James Polk, the bank’s current president and chief banking officer, has been appointed to succeed him, ensuring leadership continuity from within the executive ranks.
Enterprise Products Partners reported a fourth-quarter profit of $1.66 billion on Tuesday, surpassing analyst expectations despite a slight year-over-year decline in total revenue. The midstream energy giant benefited from robust cash flow and strategic investments in the Permian Basin, signaling resilience in a shifting energy market.
Banco Santander is poised to report a steady fourth-quarter performance this Wednesday, though investor attention has already shifted toward the lender’s high-stakes Capital Markets Day in February. As continental Europe’s largest bank by market value, the Spanish firm is expected to post an underlying profit of 3.41 billion euros, navigating a complex landscape of cooling interest income and currency volatility in its key overseas markets.
Novo Nordisk is expected to report a decline in fourth-quarter net profit on Wednesday, as the pharmaceutical giant navigates intensifying competition and regulatory pricing shifts. With analysts forecasting a nearly 10% earnings drop, the market is pivoting its focus toward the company's 2026 guidance and the commercial viability of its new weight-loss pill.
Marathon Petroleum reported a sharp rise in fourth-quarter profit on Tuesday, fueled by significantly higher refining margins that offset flat revenue and rising operating costs. The Findlay, Ohio-based refiner posted a net income of $1.54 billion, comfortably beating Wall Street estimates and driving a premarket rally in its shares.
Capri Holdings swung to a third-quarter profit as the divestiture of its Versace brand buffered the company against declining revenue and rising operational costs. Despite a 4% dip in overall sales, the owner of Michael Kors and Jimmy Choo surpassed analyst expectations for both earnings and revenue, signaling a pivot toward stabilization following a period of heavy losses.
Graphic Packaging Holding shares dropped 6% in premarket trading Tuesday after the company issued a cautious 2026 forecast, warning that shifting consumer behavior and intensifying competition will weigh heavily on its bottom line.
Bicycle Therapeutics has announced a significant C-suite overhaul, appointing Chief Accounting Officer Travis Thompson as its new finance chief following the departure of Alethia Young. The transition at the biotechnology firm also includes new appointments for the roles of chief medical officer and chief scientific officer, signaling a consolidation of internal leadership.
Darcy Davenport, the president and chief executive of BellRing Brands, will retire by the end of September after leading the St. Louis-based nutrition company through its first five years as a public entity.
Hong Kong’s retail sector ended 2025 with a 6.6% jump in sales value in December, reversing a year of contraction through a surge in online shopping and a recovery in tourism. The rebound reflects a broader stabilization of the territory’s economy, which saw gross domestic product expand by 3.8% in the final quarter of the year.
GSK is set to report its fourth-quarter 2025 results this Wednesday, marking the first earnings release under new Chief Executive Luke Miels. Analysts expect the British pharmaceutical giant to post an increase in both revenue and profit, though investor focus remains fixed on how Miels will navigate ambitious long-term targets and shifting U.S. healthcare policies.
Mitsubishi UFJ Financial Group (MUFG) is projected to report an 8% increase in third-quarter net profit on Wednesday, buoyed by the Bank of Japan’s shift away from ultra-low interest rates. Analysts polled by Quick estimate the lender earned 529.93 billion yen ($3.41 billion) for the three months ended December, up from 490.74 billion yen in the prior year.
South African miner Harmony Gold expects its first-half fiscal 2026 performance to remain on track with internal targets, overcoming a mechanical failure and logistics delays that hampered its second quarter. Despite a mill motor breakdown and a deferred gold shipment now slated for January 2026, the company confirmed it will meet its annual production objectives.
