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Business News News 29 December 2025 - 30 December 2025

Trenitalia’s €1 billion rail push: FS brings in Certares as Paris‑London battle heats up

Trenitalia’s €1 billion rail push: FS brings in Certares as Paris‑London battle heats up

NEW YORK, December 30, 2025, 04:45 ET Ferrovie dello Stato Italiane (FS) and U.S. investment firm Certares said they will create a joint venture and support a €1 billion investment plan to expand FS’s Paris-based Trenitalia France in France, Britain and other cross-border markets. (Source: https://www.fsitaliane.it/en/media/press-releases/2025/12/29/fs_group_certares_partnership_development_high_speed_international.html) The tie-up matters because it injects new capital and travel-distribution reach into Trenitalia’s push to break further into Europe’s busiest high-speed corridors, including the Paris–London route now served by Eurostar. It also comes as European passenger rail competition deepens under EU “rail liberalisation” rules — regulations that allow multiple operators to run passenger services
30 December 2025
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Samsung and SK Hynix get U.S. 2026 license to ship chipmaking tools to China as key waiver expires

Samsung and SK Hynix get U.S. 2026 license to ship chipmaking tools to China as key waiver expires

NEW YORK, December 30, 2025, 04:40 ET The U.S. government has granted Samsung Electronics and SK Hynix annual licences to bring chip manufacturing equipment to their facilities in China for 2026, two people familiar with the matter said on Tuesday. Reuters The decision lands days before a broader privilege known as “validated end user” status expires on Dec. 31. The status allowed certain foreign-owned plants in China to receive some U.S.-origin chipmaking tools under sweeping exemptions rather than applying shipment by shipment. That timing matters for the memory-chip supply chain. Samsung and SK Hynix use China as a key production
30 December 2025
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Lululemon stock rises as founder Chip Wilson launches board proxy fight — what investors watch next

Lululemon stock rises as founder Chip Wilson launches board proxy fight — what investors watch next

NEW YORK, December 30, 2025, 01:23 ET — Market closed Lululemon Athletica Inc (LULU) shares closed up 1.7% on Monday at $212.54 after the company said founder Chip Wilson submitted nominations for three director candidates in a move that could trigger a proxy fight. Yahoo Finance+1 The board challenge lands in the middle of a leadership handoff. A regulatory filing showed CEO Calvin McDonald will step down effective Jan. 31, with finance chief Meghan Frank and chief commercial officer André Maestrini set to serve as interim co-CEOs while the company searches for a permanent replacement. SEC Founder pressure is arriving
30 December 2025
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RVNL tops Rs 201 crore East Coast Railway wagon workshop tender, putting shares back in focus

RVNL tops Rs 201 crore East Coast Railway wagon workshop tender, putting shares back in focus

NEW YORK, December 30, 2025, 00:07 ET Rail Vikas Nigam Ltd (RVNL) said it has emerged as the lowest bidder (L1) for a Rs 201.23 crore ($2.01 billion rupees) works tender from India’s East Coast Railway to set up a wagon maintenance workshop at Kantabanji. The Economic Times The development matters because RVNL’s earnings are closely tied to the pace of Indian Railways contracting, and each new tender win can add near-term visibility to its order pipeline. It also lands at a time when investors have been quick to reprice infrastructure stocks on incremental order announcements, especially for companies that
30 December 2025
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BNAI stock doubles as Brand Engagement Network lands AI pharma deal, eyes recurring fees

BNAI stock doubles as Brand Engagement Network lands AI pharma deal, eyes recurring fees

NEW YORK, December 29, 2025, 23:20 ET — Market closed Brand Engagement Network, Inc shares more than doubled on Monday after the company disclosed a project agreement to develop a custom AI engagement tool tied to an established prescription drug for a top-10 global pharmaceutical client. The company said it expects $250,000 in fourth-quarter development revenue and anticipates monthly license fees starting in the first quarter of 2026; the stock closed up 108.8% at $2.51. SEC+1 The agreement offers a near-term revenue catalyst for a thinly traded AI microcap trying to prove it can turn pilot work into repeatable contracts
30 December 2025
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Novo Nordisk halves Wegovy prices in parts of China as copycat competition looms

Novo Nordisk halves Wegovy prices in parts of China as copycat competition looms

NEW YORK, December 29, 2025, 22:14 ET Novo Nordisk said it is lowering prices of its top-selling obesity drug Wegovy in China, after local outlet Yicai reported that list prices for the two highest doses were cut by 48% in the southwestern provinces of Yunnan and Sichuan. The new monthly list prices were 987 yuan ($141) and 1,284 yuan, Yicai said, citing local procurement authorities. Reuters The price move matters because China is fast becoming a pivotal growth market for weight-loss medicines, and pricing is now moving to the center of competition. Drugmakers are trying to lock in patients and
30 December 2025
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CrowdStrike stock slips as CEO George Kurtz gets new performance award tied to $20B ARR goal

CrowdStrike stock slips as CEO George Kurtz gets new performance award tied to $20B ARR goal

NEW YORK, December 29, 2025, 9:42 PM ET — Market closed CrowdStrike Holdings (CRWD.O) disclosed a new performance-based equity award for Chief Executive George Kurtz that could deliver up to 600,000 shares if the stock outperforms most of the S&P 500 over the next three years, a filing showed. The cybersecurity firm said the award carries a 300,000-unit target and can pay out nothing if performance falls below a threshold tied to relative returns. CrowdStrike shares ended down 1.1% at $475.91. SEC+1 The filing lands as investors reassess how much upside is left in high-growth software names into 2026, with
30 December 2025
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Adobe stock slips after hours as Semrush sets Feb. 3 vote on $12-a-share deal

Adobe stock slips after hours as Semrush sets Feb. 3 vote on $12-a-share deal

NEW YORK, December 29, 2025, 19:44 ET — After-hours Adobe Inc. (ADBE) shares slipped 0.2% to $353.16 in after-hours trading on Monday, a session that runs after the market’s 4 p.m. close. Semrush Holdings said in a definitive proxy statement — the document used to seek shareholder votes — that stockholders of record as of Dec. 26 will vote on Feb. 3 on Adobe’s all-cash offer of $12 a share. The proxy statement is dated Dec. 29 and is first being mailed on or about Dec. 31, the filing showed. The filing puts a firm date on a key hurdle
30 December 2025
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Meta snaps up Manus AI agent startup as it races to sell “digital employees”

Meta snaps up Manus AI agent startup as it races to sell “digital employees”

NEW YORK, December 29, 2025, 19:43 ET Meta Platforms said on Monday it would acquire Manus, a Chinese artificial intelligence startup whose software can operate as a “digital employee” for tasks such as research and automation. https://www.reuters.com/world/china/meta-acquire-chinese-startup-manus-boost-advanced-ai-features-2025-12-29/ The deal lands as Big Tech pushes “AI agents” — programs that can carry out multi-step work with limited direction — from demonstrations into tools that people and companies will pay to use. Meta said it will operate and sell the Manus service and integrate it into its consumer and business products, including Meta AI. Financial terms of the deal were not released,
30 December 2025
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Arby’s quietly closes more locations as fast-food chains retrench into 2026

Arby’s quietly closes more locations as fast-food chains retrench into 2026

NEW YORK, December 29, 2025, 18:26 ET Arby’s is quietly closing some restaurant locations in the United States, renewing questions about how the 60-year-old sandwich chain is navigating an uneven fast-food market. Yahoo Finance The issue matters now because restaurant operators are heading into 2026 with customers still sensitive to price increases, while labor and rent remain elevated. For franchise-heavy chains, closures can quickly reshape local competition and shift sales to nearby stores. It also underscores how even established brands are tightening their footprints as they chase higher average sales per restaurant. Wendy’s interim CEO Ken Cook, announcing a separate
30 December 2025
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IBM stock rises in late trade after Lou Gerstner death, with earnings next on deck

IBM stock rises in late trade after Lou Gerstner death, with earnings next on deck

NEW YORK, December 29, 2025, 3:43 PM ET — Regular session International Business Machines Corp (NYSE: IBM) shares rose about 0.8% to $307.58 in late afternoon trade on Monday, moving between $303.63 and $308.18. “Lou arrived at IBM at a moment when the company’s future was genuinely uncertain,” CEO Arvind Krishna wrote in an email to staff after former CEO Louis Gerstner died at 83. Reuters The move comes in the holiday-shortened final week of 2025, with U.S. markets set to close on Thursday for New Year’s Day. Wall Street’s main indexes were lower in afternoon trade as heavyweight technology
29 December 2025
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NBIS stock slides after Nebius CEO files to sell shares as AI trade cools

NBIS stock slides after Nebius CEO files to sell shares as AI trade cools

NEW YORK, December 29, 2025, 14:07 ET — Regular session Nebius Group N.V. shares fell on Monday after a filing showed founder and CEO Arkady Volozh intends to sell a small portion of his stake. The timing matters because NBIS has become a high-volatility proxy for investor appetite for AI data-center capacity, and year-end trading can amplify price swings. Google Finance data shows the stock has ranged from about $18 to $141 over the past 52 weeks, with a market value around $21.7 billion. Google The broader AI trade also cooled. Wall Street’s main indexes opened the final trading week
29 December 2025
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Stock Market Today

Seagate (STX) stock jumps nearly 6% as Citi hikes target — what to watch next week

Seagate (STX) stock jumps nearly 6% as Citi hikes target — what to watch next week

7 February 2026
Seagate shares rose 5.9% to $429.32 Friday after Citigroup raised its price target to $480 and reiterated a buy rating. The gain ended a two-day slide but left the stock 6.6% below its Feb. 3 high. CEO Dave Mosley sold 20,000 shares on Feb. 2 under a pre-arranged plan, SEC filings show. U.S. jobs and inflation data next week are seen as key tests for tech stocks.
Cummins (CMI) stock price rebounds after earnings whipsaw as investors eye data-center power demand

Cummins (CMI) stock price rebounds after earnings whipsaw as investors eye data-center power demand

7 February 2026
Cummins shares jumped 6.8% to $577.73 Friday, recovering from a nearly 9% post-earnings drop the day before. The company reported Q4 revenue up 1% to $8.54 billion, took a $218 million charge tied to its hydrogen business, and guided for 2026 EBITDA of 17–18% of sales. Demand for data center generators offset weakness in North American truck markets. Analyst reaction was mixed; Truist raised its price target.
Corning stock hits first record close since 2000 as jobs, CPI data loom

Corning stock hits first record close since 2000 as jobs, CPI data loom

7 February 2026
Corning shares surged 8.3% to $122.16 Friday, their highest close since the dot-com era, after Meta agreed to buy up to $6 billion in fiber-optic cables. The stock is up 40% since late 2025, fueled by strong first-quarter guidance and AI data-center demand. Insiders sold shares following the rally, SEC filings show. Investors await next week’s U.S. jobs and inflation data for rate signals.
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