US stocks opened higher as Intel’s sharp profit surge fueled technology gains, pulling the S&P 500 close to an all-time high. Optimism around potential US-Iran talks added support, even as oil prices stayed volatile. Strong results from Procter & Gamble also helped, while Charter Communications slid after reporting weaker performance.
Sun Pharmaceutical has made a bold $13 billion bid for US firm Organon & Co., signaling its biggest push to shift from generics toward branded and innovative medicines. Sun is competing with other bidders for Organon, and a successful deal would effectively merge Organon into Sun Pharma, reshaping its global ambitions.
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Bitcoin slipped to around $63,000 over the weekend as US–Israel tensions surrounding an attack on Iran spooked markets. It has since recovered to near $66,500, while major altcoins saw mixed moves. Analysts say the rebound signals resilience despite volatility, with investors now tracking US market reactions to gauge crypto’s next direction.
A proposal revived by President Trump could let U.S. companies report earnings semi-annually instead of quarterly. Backers say it cuts costs and shifts focus toward long-term strategy, but investors and market players largely expect firms to keep quarterly reporting, fearing that changes could pressure valuations and weaken investor confidence.
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