Alphabet Inc. (GOOGL:US): TotalEnergies signed a 21-year agreement to supply Alphabet’s Google with 1 terawatt hour of renewable power annually for its Malaysia data centres from a new solar project starting in early 2026, while also agreeing to sell nearly a 10% indirect stake in a Malaysian offshore gas block to Thailand’s PTTEP.
Apple Inc. (AAPL:US): A coalition of app developers and consumer groups urged EU regulators to more aggressively enforce the Digital Markets Act against Apple, arguing its fee structure continues to disadvantage European developers despite recent U.S. court rulings limiting fees on external payments.
Automatic Data Processing Inc. (ADP:US): Jefferies downgraded ADP to Underperform from Hold and cut its price target to $230 from $245, citing market saturation, stronger scaled competitors, and declining interest rates.
Citigroup Inc. (C:US): Citigroup completed the sale of a 25% stake in Grupo Financiero Banamex to a company owned by Mexican billionaire Fernando Chico Pardo, advancing its strategic exit from Mexican retail banking.
Conagra Brands Inc. (CAG:US): JPMorgan lowered its price target to $19 from $20 on expectations the company may miss organic sales growth and earnings estimates in fiscal 2Q26.
Electronic Arts Inc. (EA:US): Electronic Arts forecast fiscal 2026 net bookings and adjusted EBITDA below consensus, reflecting softer consumer spending, elevated console prices, and intense holiday-season competition.
Ford Motor Co. (F:US): Ford announced a $19.5 billion writedown, cancelled several electric-vehicle programs amid weakening EV demand, shifted the F-150 Lightning toward an extended-range hybrid model, and issued a recall affecting more than 32,000 vehicles.
Frontier Group Holdings Inc. (ULCC:US): Frontier Airlines announced the departure of longtime CEO Barry Biffle and appointed company president James Dempsey as interim CEO, while Biffle remains in an advisory role through year-end.
Gates Industrial Corporation Plc (GTES:US): JPMorgan reduced its price target to $32 from $33, citing near-term headwinds and a muted outlook for the first half of 2026.
Generation Bio Co. (GBIO:US): Jefferies downgraded Generation Bio to Hold from Buy and cut its target price to $5 from $11, noting limited distributable value due to wind-down costs, lease obligations, and partnership commitments.
Guardant Health Inc. (GH:US): Jefferies raised its price target to $130 from $115, supported by tailwinds in therapy selection and the rollout of new Smart Liquid Biopsy applications.
Imperial Oil Ltd. (IMO:CA): Imperial Oil said it will increase capital spending and upstream production in 2026 to boost cash flow and lower unit costs at its oil sands assets, while continuing a restructuring that includes workforce reductions.
Intel Corp. (INTC:US): Intel appointed senior White House economic adviser Robin Colwell as head of government affairs and named James Chew as vice president of Intel Government Technologies, strengthening its U.S. government engagement.
Nasdaq Inc. (NDAQ:US): Nasdaq said it plans to file with regulators to introduce round-the-clock stock trading, aiming to capture growing global demand for U.S. equities beyond traditional market hours.
Ovintiv Inc. (OVV:US) (OVV:CA): Ovintiv secured a 12-year agreement for 0.5 mtpa of liquefaction and transportation capacity at the planned Cedar LNG facility, positioning the company for rising LNG exports.
PayPal Holdings Inc. (PYPL:US): PayPal applied to establish a U.S. bank through an industrial loan company charter, aiming to expand small-business lending and reduce reliance on third-party banking partners.
