Quentin Webb

Shares in Unity Software (U) gained after the maker of tools for building videogames said Chief Executive Officer John Riccitiello would step down immediately. Unity unveiled plans last month to switch from a flat fee to a per-download charge for cust

↘️ Royal Philips (PHG), (NL:PHIA): The Dutch medical-devices company said higher sales had helped it swing to a quarterly profit, but order intake had fallen 9% on the year. Philips stock fel

🔎 Chevron (CVX), Hess (HES): Chevron agreed to buy Hess for $53 billion in stock. The deal values Hess at $1

↗️ UBS (UBS), (CH:UBSG): The Swiss bank posted a sizable net loss in its first full quarter combined with Credit Suisse, but [said wealthy customers are flocking to it with new investments an

The strife at property tycoon René Benko's empire is rippling through the debt markets, where bonds issued by one of his units have crashed to just a fraction of their face value. Benko's main investment vehicle, Signa Holding, said Wednesday it is filing for insolvency in Austria, a move similar t

Germany's benchmark stock index, the Dax, notched its second straight record close on Wednesday. One important contributor to the recent rally: Adidas. The sneaker giant's stock (XE:ADS) is up about 53% this year, LSEG data shows. That makes it

Facebook parent Meta Platforms is starting to pay dividends for the first time, joining several of its big tech peers. For mature companies, regular dividends—and buybacks—are a way to return part of their profits to investors, are as share buybacks.

The [near-50% surge in Arm's stock price Thursday](https://www.wsj/livecoverage/stock-market-today-dow-jones-earnings-02-08-2024/card/arm-shares-rise-more-than-50-on-ai-craze-S4ggb4TNXcj4gyvHz4Ul) has pushed the chip designer further up the ranks of the semiconductor industry's most valuable players.

Adobe ([ADBE](https://www.wsj/market-data/quotes/ADBE)) stock is poised for its worst one-day pullback in more than a year, after weak guidance from the maker of Photoshop and Acrobat rattled investors. + Adobe shares stood 13% lower in early trading, at $495.95. Late Thursday, Adobe said it earned a better-than-forecast $4.48 a share in the most recent quarter, on an adjusted basis.

CVC is renewing efforts to list in Amsterdam, in a deal that could place a valuation of up to $16 billion on the buyout giant. Such a market capitalization would put CVC roughly in line with some U.S.