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Markets and investing
SanDisk reported record fiscal fourth-quarter non-GAAP gross margin of 84.6% and signed long-term agreements carrying $93.9 billion in minimum revenue commitments. Risks include declining consumer revenue and reliance on a small number of large customers.
Politics and regulation
Federal Green Party co-chair Franziska Brantner expresses concern over the party's radical leftward turn in Berlin, where a coalition with The Left is driving down poll numbers and raising security alarms regarding antisemitic elements. While Brantner promotes a pro-business agenda focused on innovation and responsibility, local leaders pursue expropriation policies that critics warn could damage investment climates.
Markets and investing
Gilead Sciences reported third-quarter revenue of $8.3 billion and raised its 2026 product sales outlook. The company’s HIV business led growth, while its 88% product gross margin and shareholder returns also drew attention.
Markets and investing
Indus Infra Trust posted consolidated income of INR 472.09 crore and quarterly profit of INR 303.52 crore, with newly acquired road assets helping lift interest income. Management also outlined further acquisition plans and said it would keep leverage below 65%.