By Niket Nishant (Reuters) - Investment giant KKR is ready to put its $116 billion of capital to use as market volatility creates fresh opportunities, it said after posting a nearly 20% jump in first-quarter profit on Thursday. While tariff-driven turbulence has stirred concerns over limited exit opportunities, top KKR executives said its global footprint and asset mix have put it in a better posi ...
(Refiles to wider audience with no changes to headline or text) By Manas Mishra, Sneha S K (Reuters) -CVS Health raised its full-year profit forecast on Thursday and said it plans to exit the market for Obamacare health insurance plans in 2026, as it seeks to turn around its fortunes after a series of challenges last year. CVS shares jumped 5% to $69.84 after it raised its 2025 profit forecast to& ...
Investing.com -- Goldman Sachs has refreshed its Conviction Lists for both the U.S. and Asia-Pacific regions, highlighting additions that reflect resilience, growth potential, and valuation upside. Johnson & Johnson (NYSE:JNJ) and Houlihan Lokey (NYSE:HLI) were added to the U.S. list, while Axis Bank (NSE:AXBK) joined the APAC roster alongside Horizon Robotics and NextDC.In the U.S ...
By Aditya Soni and Deborah Mary Sophia (Reuters) -The fortunes of Big Tech are diverging in a rapidly changing business landscape, as demand for artificial intelligence fuels growth in cloud and digital ads while consumer electronics take a battering from President Donald Trump’s global trade war. AI came to the rescue of earnings at Microsoft (NASDAQ:MSFT) and Google-parent Alphabet (NASDAQ:GOO ...