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Schneider Electric will acquire PTC for $205 per share in cash, valuing the company at approximately $22.6 billion in equity and $23.7 billion in enterprise value, a 42.3% premium over PTC's previous closing price. This will be Schneider Electric's l

2026-10-07

Schneider Electric will acquire PTC for $205 per share in cash, valuing the company at approximately $22.6 billion in equity and $23.7 billion in enterprise value, a 42.3% premium over PTC's previous closing price. This will be Schneider Electric's largest acquisition in history. PTC's strengths lie in CAD and product lifecycle management software, covering the data chain from product design and manufacturing to maintenance. Schneider Electric's existing AVEVA is more focused on process industries and operations. By combining this with Cognite's data and AI capabilities, the goal is to integrate "product design data + industrial operation data + control systems" to provide a complete data foundation for AI in the manufacturing sector.

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2026-10-06

U.S. shares of AMD (AMD.O) rose 1.4% in premarket trading after the company’s CEO said AMD plans to significantly increase supply in 2027.

U.S. shares of AMD (AMD.O) rose 1.4% in premarket trading after the company’s CEO said AMD plans to significantly increase supply in 2027.
2026-10-06

Turkey's central bank governor said improvement in inf expectations has fallen short of expectations, posing a risk to the disinflation process.

Turkey's central bank governor said improvement in inf expectations has fallen short of expectations, posing a risk to the disinflation process.
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