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Markets and investing
CVS is considering spinning off its retail pharmacy business, according to the Financial Times. The Wall Street Journal separately reported that the company will split into two businesses, though CVS had not commented to Reuters.
Markets and investing
Hong Kong’s two-year fundraising boom is losing momentum. About one in four deals failed to reach completion in 2026, the highest proportion since the 2008 financial crisis.
Markets and investing
US equity futures edged higher as investors awaited midterm election results, while most Asian shares advanced.
Markets and investing
Super Micro Computer reported $19.946 billion in first-quarter fiscal 2027 revenue and lifted its full-year forecast to $72 billion–$82 billion, while noting margin pressure and supply constraints.