Stocks News

Swiss biotechnology company Windward Bio has filed to go public in the United States, seeking to advance experimental antibody treatments for respiratory and inflammatory diseases amid renewed activity in the biotech IPO market. ◉ Key points ◉ Nasdaq listing planned: Windward Bio intends to trade under the ticker WWB. The preliminary registration statement does not

Nokia’s latest results show how the artificial intelligence boom is spreading beyond chips and data centres into the networks that connect them. The Finnish technology group reported triple-digit growth in sales to AI and cloud customers in the third quarter of 2026, while new orders from those customers climbed even faster than the company’s overall

Spotify’s AI strategy centres on making music discovery more personal and reducing the effort required to find something worth listening to. Its AI DJ combines personalised music selections with spoken commentary, while prompt-based playlists allow users to describe a mood, activity or musical preference in natural language. The company has also introduced features designed to

Lockheed Martin has reached a 10-year framework agreement with the US government covering at least 850 F-35 Lightning II fighter jets, establishing a longer-term production plan for one of the world’s largest military aviation programmes. Announced on 22 October, the framework carries a minimum stated value of $78 billion for the aircraft programme. It also

L’Oréal delivered stronger-than-expected third-quarter sales, highlighting the resilience of the global beauty market as consumers continued to spend on premium fragrances, skincare and haircare. The French cosmetics group reported €11.56 billion in sales for the July–September period, with comparable growth reaching 7.7% on an adjusted basis, comfortably ahead of analysts’ expectations. The results provide a

Adidas has raised its 2026 operating profit outlook after reporting record preliminary third-quarter revenue and earnings, giving the German sportswear group fresh momentum in a competitive global market. The update, announced on 20 October, reflects stronger full-price sales, product innovation and a substantial one-off refund of US import tariffs. The company now expects full-year operating

Lockheed Martin has raised its full-year financial outlook after stronger third-quarter results, as rising demand for missile-defence systems and military aircraft supports growth across its major business segments. The US defence contractor’s updated forecasts highlight the financial impact of government procurement priorities, replenishment of military inventories and sustained demand for advanced defence capabilities. Its results

Spotify’s latest earnings outlook has put artificial intelligence and subscriber expansion back at the centre of its investment story, as the music-streaming company seeks to turn a large global audience into sustained operating profit. Shares rose sharply in Thursday trading following the company’s upbeat outlook, although the reported 8.7% gain should be treated as a

Jio Platforms’ $3.2 billion stock market debut is drawing exceptional investor demand, putting India’s technology and telecom sector in the global spotlight. The offering is also testing whether investors are willing to pay a premium for a business that combines a vast mobile customer base with ambitions in cloud computing, digital services and artificial intelligence.

Shares of Super Micro Computer surged in extended trading after the company delivered a dramatic upgrade to its revenue outlook, providing fresh evidence that demand for artificial-intelligence computing infrastructure remains strong. The server maker now expects revenue of $18.5 billion to $19.5 billion for its fiscal first quarter ended September 30, compared with its previous

SpaceX’s business is expanding at extraordinary speed, but its latest financial results reveal the enormous cost of building an artificial-intelligence powerhouse alongside a global satellite network and rocket business. The company reported third-quarter 2026 revenue of $14.58 billion, up 161% from a year earlier, and net income of $4.4 billion, reversing a loss in the

Defense Demand Lifts Earnings Forecasts The global aerospace and defense industry is entering another period of strong financial growth as governments increase military spending and airlines continue investing in aircraft maintenance, engines and spare parts. Three major US companies — Northrop Grumman, RTX and GE Aerospace — have raised their 2026 earnings forecasts, highlighting the