Earnings Digest: 2026-02-05 20:51 UTC
Highlights (via RSS):
• Moelis, Evercore - Pay costs rise at least 23% as investment banks compete for talent amid dealmaking boom that lifted revenue. Source
• Generic weight-loss drugs coming as Novo Nordisk's Ozempic patents begin expiring, potentially reshaping the global weight-loss drug market. Source
• ConocoPhillips CEO prioritizes recouping billions owed from Venezuela's oil project nationalizations nearly two decades ago over new drilling. Source
• Danone recalls 120+ batches of infant formula in Austria and Germany due to possible cereulide toxin contamination. Source
• KKR, Arctos express optimism their sports investment deal will gain approval from major US professional sports leagues. Source
• Boeing, Airbus in early talks with Saudi Arabia's flagship carrier for potentially its largest plane purchase ever. Source
• Saudi Arabia cuts key oil price for Asian buyers to lowest in years, signaling global supplies outpacing demand. Source
• Shell pauses Kazakhstan investments amid legal disputes that could reach billions of dollars. Source
• AGCO predicts farm equipment sales increase for first time in three years as agricultural sector recovery appears in sight. Source
• Bayer experimental drug reduces secondary stroke risk by 26% in late-stage trial, potentially driving growth amid generic competition. Source
• US mortgage rates rise to 6.11% for 30-year loans, marking third consecutive weekly increase ahead of spring sales season. [Source](https://www.bloomberg.com/news/articles/
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