Wall Street News, AI generated

latest news in companies

Eli Lilly's Combination Therapy Shows Promise in Treating Psoriasis and Obesity

Eli Lilly's Combination Therapy Shows Promise in Treating Psoriasis and Obesity

Indianapolis, Friday, 9 October 2026.
Eli Lilly’s trial combining Taltz and Zepbound significantly reduced inflammatory biomarkers in patients with both psoriasis and obesity, highlighting an integrated approach to immunometabolic health.

Mercedes-Benz Shares Recover Despite Squeezed Profit Margins

Mercedes-Benz Shares Recover Despite Squeezed Profit Margins

Frankfurt, Friday, 9 October 2026.
On October 9, 2026, Mercedes-Benz stock rebounded 1.8% in Frankfurt despite profit margin warnings, as record electric vehicle sales contrasted with a 31% slump in Chinese demand.

ArcelorMittal Shares Surge Following Major Bank Upgrade

ArcelorMittal Shares Surge Following Major Bank Upgrade

Paris, Friday, 9 October 2026.
ArcelorMittal stock jumped over 4% on October 9, 2026, after UBS upgraded the steelmaker to Buy, citing huge earnings potential if European steel prices rebound.

Delta Air Lines Cuts Profit Forecast as Fuel Costs Surge

Delta Air Lines Cuts Profit Forecast as Fuel Costs Surge

Atlanta, Friday, 9 October 2026.
Delta Air Lines lowered its 2026 profit outlook after absorbing a massive $6 billion surge in fuel costs, despite strong consumer travel demand driving a 21% revenue increase.

Horizon Aircraft Beats First Quarter Profit Expectations as Flight Testing Approaches

Horizon Aircraft Beats First Quarter Profit Expectations as Flight Testing Approaches

Toronto, Friday, 9 October 2026.
Canadian developer Horizon Aircraft reported better-than-expected first quarter earnings while securing over $1 billion in potential sales letters of intent and $70 million in operating cash.

eXp Realty Allows Agents to Connect Preferred Artificial Intelligence Tools to Brokerage Data

eXp Realty Allows Agents to Connect Preferred Artificial Intelligence Tools to Brokerage Data

Salt Lake City, Friday, 9 October 2026.
eXp Realty is letting real estate agents link their chosen artificial intelligence assistants directly to company data, bypassing mandatory proprietary apps to streamline workflows and modernize operations.

MINIX Launches Compact Desktop Computer for On-Device Artificial Intelligence

MINIX Launches Compact Desktop Computer for On-Device Artificial Intelligence

Hong Kong, Friday, 9 October 2026.
MINIX has released the ER947-AI mini PC, delivering 86 TOPS of local processing power to run artificial intelligence workloads directly on desktops without relying on cloud data centers.

Spanish Power Giant Iberdrola Becomes World's Largest Utility Company

Spanish Power Giant Iberdrola Becomes World's Largest Utility Company

Madrid, Friday, 9 October 2026.
Iberdrola surpassed U.S. rival NextEra Energy to become the world’s most valuable private utility, propelled by international expansion and growing market valuation above 150 billion dollars.

High Fashion Meets Sportswear in Rare Armani, Kith, and ASICS Shoe Collaboration

High Fashion Meets Sportswear in Rare Armani, Kith, and ASICS Shoe Collaboration

New York, Friday, 9 October 2026.
Luxury fashion house Giorgio Armani has partnered with Kith and ASICS on a rare sneaker collaboration, using shaggy grey suede to blend high-end Italian tailoring with performance footwear.

Accounting Method Differences Reveal a Twenty Billion Dollar Gap in OpenAI Revenue Figures

Accounting Method Differences Reveal a Twenty Billion Dollar Gap in OpenAI Revenue Figures

San Francisco, Friday, 9 October 2026.
A shift in revenue calculation methods exposed a $20 billion gap in OpenAI’s reported figures, sparking sharp sell-offs across major tech and artificial intelligence stocks.