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Business

USA Stocks to Watch: Wall Street Overview – November 13, 2025

by Priya Shah – Business Editor November 13, 2025
written by Priya Shah – Business Editor

Stocks to Watch: Novavax ⁤Shareholder Activism, Pfizer Stake Sale, and Union Strikes Drive Market Movement

New York, november 13,‌ 2025 – U.S. stock markets are reacting to‍ a flurry of corporate developments this Thursday, including activist investor pressure on Novavax, ‌a potential stake‍ sale by Pfizer in BioNTech, and a widening labor dispute at Starbucks. Pre-market trading indicates⁢ notable movement for several key companies, while⁤ analysts are initiating coverage of major pharmaceutical firms.

These developments come at a pivotal time⁢ for investors navigating economic uncertainty and shifting market dynamics. The pressure on Novavax reflects a ⁤broader trend of shareholder activism, while potential shifts in ownership within the biotech sector and labor unrest across major consumer brands signal evolving‌ challenges and opportunities.⁤ The market’s response to these events will be closely watched as investors assess the potential impact on their portfolios.

Novavax (NVAX.O) ⁤ is facing pressure⁤ from Shah capital, it’s second-largest⁢ shareholder, which is urging​ strategic⁣ changes, potentially including a sale of the company. Shah Capital has warned ‍it could launch a bid for control if no progress is made within the next four months.

BioNTech (BNTX.O) shares‍ fell 3.2% in pre-stock trading following reports that Pfizer ​(PFE.N) is looking to sell ⁢its remaining stake in the German biotech company.

JD.com ‍(JD.O) ‍is up 3% in pre-market trading after reporting ⁢third-quarter revenue ​that exceeded expectations.

Airbnb (ABNB.O) ‌ announced a shift in focus⁣ towards rural⁤ areas, including a ‌$50 million ‌investment plan to support‌ Spanish villages, even as cities like Barcelona plan to ban short-term rentals⁤ by 2028.

Starbucks⁤ (SBUX.O) is facing intensified labor pressure as over 1,000 unionized workers began an indefinite strike on Thursday, seeking a collective bargaining agreement on wages and benefits.

DoorDash⁣ (DASH.O) is advancing 1% in pre-market trading after Wedbush upgraded the stock from “neutral” to “outperform,” citing the company’s dominant position in the U.S. ‌meal delivery market.

AbbVie (ABBV.N), Bristol‍ Myers Squibb (BMY.N), Merck & Co‍ (MRK.N), and Regeneron Pharmaceuticals (REGN.N) are all ‌receiving “outperform compared to the sector” ratings from Scotiabank, which is initiating coverage of the stocks.

Additionally, Global‌ Infrastructure Partners ⁤is reportedly developing data centers, ‍according​ to Expansion newspaper.

November 13, 2025 0 comments
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World

China’s Third Aircraft Carrier Commissioned: A Naval Milestone

by Lucas Fernandez – World Editor November 7, 2025
written by Lucas Fernandez – World Editor

China Launches ‍Third Aircraft Carrier,⁣ Signaling Naval Power Ambitions

BEIJING -‍ November 7, 2025 ‍ – China has ⁣officially commissioned its ⁤third aircraft carrier, ‍the Fujian, marking a⁤ critically important milestone in the ⁢modernization of its⁣ navy and escalating strategic competition ‍in the Asia-Pacific region. the⁣ launch underscores Beijing‘s growing ⁢naval capabilities and its intent to⁣ project power ⁢further afield, ​though experts caution it will take years before⁤ the vessel reaches full combat readiness.

The ​ Fujian,which began sea‍ trials in May 2024,represents ‌a technological leap forward for China’s carrier programme. “No Western‍ contry, apart⁢ from the United States, operates an aircraft carrier of similar size and capabilities,” noted Alex Luck, a specialist in⁢ naval armaments, in a statement to AFP.‍

while ​the Fujian‘s deployment‍ is a symbolic achievement, analysts emphasize that China still lags behind‍ the United States in overall ⁣naval‌ experience. “The Chinese navy ‍remains behind its potential adversaries – in particular the United ⁢States – in terms ⁤of cumulative operational experience, training of carrier ⁣battle groups⁤ and,⁤ above all, experience of real combat,” ⁣explained Collin Koh, a naval issues specialist at the Nanyang ⁢Technological University ​in Singapore.‍ He ⁣identified this lack of combat experience as a “major handicap.”

Currently, ⁣the ‌ Fujian is expected to primarily serve as‍ a platform for training and exercises, rather than long-range power projection. “China has not used its ‌aircraft‍ carriers ⁤to project power over long distances, and Fujian is unlikely to change this dynamic,” Luck stated. He⁣ anticipates the ship will be utilized‌ to “continue testing” and “draw new⁢ lessons for future” aircraft carriers,‌ perhaps ⁢including ⁤exercises near Taiwan, which Beijing claims as a province.

China’s naval expansion has raised⁣ concerns among⁢ regional neighbors and Washington,⁣ notably regarding⁣ activity in the South China Sea and around ‌taiwan. Beijing maintains its military policy is “defensive” ⁣and focused on safeguarding its sovereignty.

Rumors persist ‍of a⁢ fourth aircraft carrier currently under⁣ construction, potentially entering service ⁤in the early 2030s,‍ further ⁢solidifying China’s ambitions to become a dominant naval force. The commissioning of the Fujian represents​ a decades-long investment in modernizing the People’s Liberation Army ⁢Navy, aligning with⁢ China’s growing economic and diplomatic influence on the world stage.

November 7, 2025 0 comments
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Technology

Snap Revenue Surges, Partners with Perplexity AI – Stock Soars

by Rachel Kim – Technology Editor November 6, 2025
written by Rachel Kim – Technology Editor

Snap Inc. shares surged 16% in after-hours trading Wednesday following a stronger-than-expected third-quarter​ revenue report and the proclamation of ⁤a notable partnership with artificial intelligence search engine Perplexity AI. The deal, valued at $400 million in cash‌ and stock over one year, aims to integrate⁤ Perplexity AI’s capabilities directly into Snapchat, offering⁤ users ‌AI-powered answers to queries within the app.

The revenue boost‍ and strategic alliance signal Snap’s efforts‍ to bolster user‌ engagement and compete more effectively with ‍dominant social media platforms like TikTok and Meta’s Facebook and Instagram. Snap’s third-quarter revenue reached $1.51 billion, exceeding analyst expectations of ⁢$1.49 billion, according ⁤to⁢ LSEG data. The company also​ reported a narrowed net​ loss of ⁢$104 million, ⁣improving⁣ from $153 million in⁢ the same quarter⁣ last year.

Perplexity AI will manage the chatbot ​responses within ⁣Snapchat,and Snap ‍will not sell advertising related to those responses,according to Snap CEO Evan‌ Spiegel. Revenue contributions from the partnership are anticipated to begin in 2026. ​

the collaboration addresses ‍a key⁣ need for both companies, according‍ to Emarketer‌ principal ​analyst Max Willens. “perplexity ⁣needs a way to⁤ build its⁣ profile among younger consumers, and Snap needs an AI chat‌ partner that will keep its ⁤users ‌engaged without leaving its app,” Willens said.

Snap’s financial performance ⁢was also⁤ supported‍ by an 8% increase in direct response ad ⁤revenue,driven⁣ by demand for ad ‌optimizations focused on driving app downloads and website visits. Daily active users (DAUs) on Snapchat grew 8% to 477‍ million worldwide.

However, Snap ⁣cautioned that DAUs could decline in the fourth quarter due⁢ to shifting investment priorities ⁢and ⁣the impact of new regulations, including Australia’s Social Media Minimum Age bill, set to ‌take effect in⁣ December.​

The company projects fourth-quarter revenue between $1.68 ⁢billion‍ and $1.71 billion, aligning with analyst estimates of $1.69 ⁤billion.

November 6, 2025 0 comments
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World

Trump Resumes Nuclear Testing Amidst Rising Tensions with Russia and China

by Lucas Fernandez – World Editor October 30, 2025
written by Lucas Fernandez – World Editor

WASHINGTON – In⁢ a​ move escalating tensions with russia and China,President Donald Trump has ordered teh resumption of nuclear testing in the United states,marking the⁢ first such activity in over 30 years. The decision, announced ‍October 30, 2025, comes amid heightened global security concerns and​ follows provocative ‍statements from former Russian President Dmitry Medvedev.

The order directs the positioning of “two nuclear ⁣submarines in the appropriate areas,” according to a statement released by the White House on August 1, 2025. This ⁢action followed the⁤ postponement⁤ of⁢ a planned ⁣meeting with Russian President Vladimir Putin in Budapest, a summit Trump cancelled⁣ citing a desire to⁤ avoid discussions “for nothing.” The united States subsequently imposed ‍new sanctions on Russian hydrocarbons.

Trump’s decision to‍ restart testing reverses a moratorium imposed by President George H.W. Bush in 1992. Between the first American‍ nuclear test in July 1945 in the New Mexico desert and the moratorium, the United States conducted 1,054 nuclear tests, including⁢ the atomic bombings of Hiroshima and Nagasaki in 1945.

The move follows recent Russian advancements in nuclear weaponry, including the accomplished final test⁣ of the⁣ Bourevestnik nuclear-powered cruise missile of “unlimited range” and​ the Poseidon underwater drone, both touted by Putin as systems “no other device in the world ⁢is equal to” and “no way to intercept.”

The‌ United States and Russia remain bound by the New Start disarmament treaty, which limits each ​party to 1,550 deployed strategic offensive warheads and includes a ⁣verification mechanism currently interrupted for two years.Putin ​proposed extending⁤ the treaty for a⁣ year in early october but did not address the resumption of ‌arsenal inspections.‌ The U.S. withdrew from the Intermediate-Range Nuclear Forces (INF) Treaty in 2019.

Trump, who previously⁤ positioned himself as a “president of peace,” has reportedly adopted a ⁢harder stance toward Moscow as a ⁢summit in Alaska with Putin this summer. Following a meeting with Chinese President Xi jinping, who has become a close ally of Putin, Trump stated Washington and Beijing would “work together” on the war in Ukraine.

October 30, 2025 0 comments
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Business

US Crude Oil Prices Fall Amid Sanctions and Freight Rate Hikes

by Priya Shah – Business Editor October 29, 2025
written by Priya Shah – Business Editor

US crude Oil Prices Dip as Freight Costs Rise, Sanctions Uncertainty Looms

NEW YORK – U.S.⁤ crude oil prices declined tuesday, pressured by⁣ increasing freight rates impacting oil arbitrage and ongoing market ⁢apprehension ​regarding the full implications‌ of recently imposed U.S. sanctions on two of Russia’s primary crude‍ exporters. December ‌West Texas Intermediate (WTI) crude futures settled ⁢at $60.15 per barrel, down $1.16, while ICE ‍Brent December futures closed at $64.40‌ per‍ barrel, a​ loss‍ of $1.22.

The ⁤price adjustments⁢ reflect a complex⁤ interplay of factors. Elevated freight costs are diminishing the profitability of⁢ arbitrage opportunities – the simultaneous ⁢purchase and ⁢sale of⁤ an asset in different markets – ‍while traders await further clarification on the scope of the U.S. sanctions targeting Rosneft and ‍Lukoil. This​ uncertainty is prompting some Indian refiners to pause new Russian oil ⁢orders, turning to the spot⁤ market for alternative supplies. The situation highlights ⁢the sensitivity of global oil markets to⁢ geopolitical events and logistical challenges, perhaps impacting fuel prices for consumers‍ and businesses alike.

Several crude grades experienced price adjustments. WTI midland⁤ and WTI in East Houston (MEH) each lost 10⁣ cents. Le Mars ⁤saw a more significant​ decline of 75 cents, partially attributed to a partial shutdown at Kuwait’s Al-Zour refinery, according to industry watchdog IIR. Light Louisiana Sweet ​for November delivery fell 40 cents to a midpoint of a $1.00 premium over U.S. crude futures. Mars decreased by 75 cents to a midpoint of a $1.15 discount, while West Texas Sour strengthened to a 20-cent discount.

Despite these pressures, Aramco CEO stated Tuesday that‍ global crude oil demand⁣ remained robust⁤ even prior to the sanctions, ⁢with Chinese⁤ demand continuing to be healthy. The spread between ⁤Brent⁣ and WTI narrowed⁣ by 3 cents to minus $4.28,fluctuating between minus $4.16 and ​minus $4.36 throughout the day.

October 29, 2025 0 comments
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World

Ban on Russian gas purchases in the EU reaches key milestone – 10/20/2025 at 4:48 p.m.

by Lucas Fernandez – World Editor October 20, 2025
written by Lucas Fernandez – World Editor

Brussels – October 20, 2025 – The ⁢European Union took‍ a notable step toward curtailing⁣ Russia’s revenue stream from energy​ sales today, as a ⁣majority of member states approved, in principle, a ‌ban on ⁣imports of ⁤Russian natural gas by the​ end ⁤of 2027. The ​decision marks a key milestone in the EU’s ongoing efforts to diminish reliance on Russian hydrocarbons following the invasion⁢ of Ukraine in early 2022.

“This decision will shape the future of our continent.We will ‍stop⁤ financing⁢ the Russian war machine and⁤ diversify our energy supply,” stated Danish Energy ​Minister Lars Aagaard, who chaired the meeting.

European Energy Commissioner Dan Jorgensen reinforced the message, telling reporters, “We‌ are ⁣sending a ‍vrey clear message today: ⁤we will‍ no ⁣longer allow​ Russia to⁢ use energy⁤ as a weapon.”

The move⁤ comes despite concerns raised by some member states. Hungarian Minister of Foreign Affairs peter Szijjarto argued the ban would “kill” Hungary’s energy security, asserting, “For us, energy supply has nothing to do with ‌politics” and “nothing to do with Russia.”

Currently, Russia still supplies 19% of the EU’s total gas imports as of 2024, ‌down from 45% in 2021. The European Commission initially proposed a complete halt to Russian gas imports by the end of 2027 in ‍the spring⁣ of 2025.

Further acceleration is under consideration, with a proposal to advance the deadline for halting imports of liquefied natural gas⁣ (LNG) to the end of 2026, as part of a 19th package of sanctions against Russia currently under discussion.

The European Parliament has advocated for even more aggressive action, with its Industry and Commerce committees approving a text aiming to ban all Russian gas imports – pipeline and LNG ⁤- from January 1, 2026, with limited exceptions.

U.S. president Donald‍ trump recently echoed calls for a swift end ⁢to European purchases of Russian fossil ⁢fuels, criticizing the continued trade as counterproductive‍ to​ efforts ⁣to support ⁤Ukraine. “Europe⁢ must move up a gear. It cannot continue ⁤to ‌act as it is currently ​doing. It is buying⁢ oil and‍ gas from‌ Russia while ‍it is ​in‌ conflict with this country. It is embarrassing ⁣for it,” Trump stated during the United Nations annual Assembly in New‍ York.

October 20, 2025 0 comments
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