Trump Media & Technology Group Corp. $DJT announced a substantial buyback authorization of up to $400 million, prompting a short-lived surge of 6% in its stock price during Monday’s pre-market trading. Although gains tapered to 2% shortly after, the development drew attention as a significant move toward capital reallocation and long-term shareholder value management.
Temu, the fast-growing e-commerce platform owned by PDD Holdings $PDD, is facing a sharp decline in its U.S. market performance as the company significantly cuts its digital advertising targeted at American consumers. The decision comes in response to heightened regulatory uncertainty following President Donald Trump's recent tightening of trade restrictions with China.
Siemens Energy India $ENR.DE made a strong public debut on Thursday, with shares listing at a significant premium on both major Indian exchanges. Following the demerger of its transmission and distribution (T&D) business from Siemens Ltd. $SIEMENS.NS, the newly independent entity began trading with notable investor enthusiasm.
Metaplanet Inc. $3350.T has issued bonds worth ¥33 billion ($210 million) to strengthen its Bitcoin $BTCUSD acquisition program. The Tokyo-based firm is doubling down on digital assets amid structural shifts in corporate treasury models. This move continues the accumulation strategy launched in April 2024, signaling an institutional shift toward crypto-native asset allocation. The market responded swiftly: shares of Metaplanet rose 17% after the announcement. Since January, its stock has surged over 408%, driven largely by investor anticipation of further BTC-related developments.
McDonald’s Corp. $MCD has finalized a confidential settlement with Allen Media Group, ending a $10 billion discrimination lawsuit filed by media mogul Byron Allen. The complaint alleged that McDonald’s systematically excluded Black-owned media companies from its primary advertising channels by operating a segregated ad-spend structure, thereby violating federal and California civil rights laws. Filed in the U.S. District Court in California, the case gained traction in late 2023 after Judge Fernando Olguin declined to dismiss the suit. The court found plausible evidence suggesting McDonald’s maintained separate marketing budgets—one for the general market and another for “targeted” Black audiences. This dual-tier structure, the court noted, could constitute discriminatory allocation of corporate resources.
Shares of Taylor Wimpey plc $TW.L advanced by 3.28% today, breaking through the technical resistance level of 120.00 pence for the first time since early 2025. The session opened at 117.70 pence and quickly gained strength, reflecting renewed investor optimism following a prolonged consolidation phase that has defined much of the stock’s year-to-date performance. This bullish breakout marks a technical inflection point after months of range-bound trading, as market participants recalibrate expectations around the UK homebuilding sector amid evolving macroeconomic pressures and policy adjustments in the housing market.
Taiwan's Yageo Corporation has set its sights on acquiring Japan-based Shibaura Electronics Co., a strategic move that hinges on retaining Shibaura's cutting-edge sensor technologies within national borders. The acquisition, if successful, would see Yageo reinforcing its stance as a key player in the advanced electronics sector by integrating Shibaura’s precision thermistors, essential for AI-driven data centers.
Circle Internet Group Inc. and select shareholders have made a significant impact with their landmark initial public offering (IPO), raising nearly USD 1.1 billion. The offering, priced at USD 31 per share, exceeded the anticipated market range, emphasizing heightened institutional and retail interest in stablecoin issuers. The successful placement of 34 million shares, including a tranche sold by co-founder and CEO Jeremy Allaire, signals growing demand for regulated fintech companies engaged in the cryptocurrency arena.
The operator of the Philippines' leading mobile wallet, GCash, has moved forward with a decisive step toward public listing. Globe Fintech Innovations Inc. announced a stock split, reducing the par value of its common shares from 1 Philippine peso to 0.03 pesos per share. This restructuring will see the company's authorized common shares rise drastically from 2.15 billion to 71.7 billion, while its total authorized capital remains fixed at 2.15 billion pesos (PHP). The initiative, disclosed by major stakeholders Ayala Corp. $AYYLF and Globe Telecom Inc., requires approval from regulatory authorities.
Best Buy Co. $BBY revised its annual sales and profit projections following sustained pressures from US-imposed tariffs. The company now expects comparable sales growth of 1% year-on-year, a decrease from the previous 2% estimate. This adjustment is contingent upon tariffs staying at their current levels, pending the outcome of recent judicial decisions on Trump-era trade measures. The retailer has simultaneously downgraded its adjusted earnings forecast, reflecting the unpredictability surrounding import costs and supply chain stability.
Adani Ports & Special Economic Zone Ltd. (ADANIPORTS.NS) has announced plans to raise up to 50 billion rupees (USD 584 million) through a long-term bond issue—the largest such move in its history. The company aims to auction bonds on Thursday with a maturity of 15 years and a fixed coupon rate of 7.75%. According to company officials, proceeds will address both upcoming capital investments and refinancing of outstanding USD-denominated obligations.
In December, China Mobile Ltd. $0941.HK submitted a formal cash offer to acquire all shares of HKBN Ltd. $1310.HK at HKD 5.23 per share. This bid valued the broadband provider at approximately HKD 6.86 billion (USD 875 million). Soon after, China Mobile further strengthened its position by securing a 15.5% stake in HKBN from TPG Inc. $TPG, signaling a determined push into Hong Kong’s broadband sector.
