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Swiss Watch Exports Plunge as China and Hong Kong Demand Dries Up

European Stocks Cling to Fresh Record Highs as H&M Boosts Retail

Reddit, Galderma fire IPO starting gun. Now investors want more

(Bloomberg) Initial public offerings are back. Maybe.Most Read from BloombergRussia Mourns 133 Killed in Deadliest Moscow Attack in DecadesHarassment and Drugs Plagued a Citigroup Division for YearsPutin’s Ukraine Plan at Heart of Response to Moscow AttackPutin Rejected Terror Alert Before Deadliest Attack in DecadesGucci’s China Shock Reverberates Across the Luxury LandscapeLast week was a potential watershed moment for the long-dormant IPO market, as a pair of technology darlings — Reddit I

Reddit, Galderma Fire IPO Starting Gun. Now Investors Want More

Apple Supplier AMS-Osram Plunges 45% After Key Project Axed

(Bloomberg) Shares of Apple Inc. supplier AMS-Osram AG lost the most on record Thursday after the Swiss chipmaker said a customer canceled a key project that could force it to sell part of its Malaysian production site. Most Read from BloombergTrump Warns of Big Losses From Asset Sales During Property SlumpNYCB Flags Weaknesses in Loan Oversight and Names New CEOIndia’s Blowout GDP Based on Data Distortion That Masks SlowdownElon Musk Sues OpenAI and Altman for Breaching Firm’s Founding Missi

Swiss Solar Maker Meyer Burger Prepares to Shut German Plant

Temenos Should Oust CEO at Once, Activist Petrus Advisers Says

(Bloomberg) Activist investor Petrus Advisers called on Temenos AG to replace its interim chief executive officer immediately and address allegations made by short seller Hindenburg Research by Monday.Most Read from BloombergAlexey Navalny, Jailed Activist Who Defied Putin, Dies at 47Bond Yields Climb as PPI Curbs Dovish Fed Wagers: Markets WrapHawaii Rightly Rejects Supreme Court’s Gun NonsenseApple Readies AI Tool to Rival Microsoft’s GitHub CopilotPutin Steps Into US Race to Back ‘Old-Styl

Temenos Should Oust CEO at Once, Activist Petrus Advisers Says

ASML Drops With Tech as Traders Suspect 'Fat Finger' to Blame

(Bloomberg) ASML Holding NV shares dropped in the first minutes of trading before quickly recovering, with traders blaming the unexpected slump on an erroneous trade.Most Read from BloombergMusk Says Putin Can’t Lose in Ukraine, Opposes Senate BillTrump Asks Supreme Court to Keep DC Election Trial on HoldPutin Seeks Revenge on a World Order He Once Wanted to JoinWall Street Roiled by ‘Still Sticky’ CPI Signals: Markets WrapAccording to multiple equity traders, a “fat finger” — trades made by

Treasuries Retreat Despite Solid $25 Billion Sale: Markets Wrap

(Bloomberg) Wall Street struggled to gain traction on Thursday, with the bond market digesting another big sale of Treasuries and stocks hovering near records. Bonds fell despite a strong $25 billion auction that reduced jitters about an oversupply. Equities closed little changed after the S&P 500 briefly hit 5,000 for the first time. A sense of caution prevailed as investors positioned for Friday’s consumer-price index revisions thinking about what happened a year ago: The update was significant enough to cast doubt on overall inflation progress. “There is some talk that tomorrow’s CPI revisions could throw cold water on the recent good inflation numbers but this is a wonky number,” said Andrew Brenner at NatAlliance Securities. “We think the next move comes off the CPI number next Tuesday.” Ahead of those figures, investors got a jobless claims reading that added to evidence of a still strong labor market and gave credence to the recent cautious rhetoric from central