Other news

Oil prices fell by 2% on Monday, i.e. for the first time after five consecutive hikes. Investors are concerned that adverse economic conditions could lead to a recession in world markets and undermine fuel demand.

Merck & Co's $11.5 billion acquisition of pharmaceutical company Acceleron Pharma last year enabled Merck & Co to take advantage of therapy that achieved a major late-stage study goal in patients with advanced blood vessel disorder, Merck said on Monday.

The expected amount of advertising income for Netflix in 2023 is $600 million, and by 2026 it is $2.7 billion.

Jonathan Cohen, director of artificial intelligence software, told investors Monday that the firm recently hosted NVIDIA Corporation founder and CEO Jensen Huang, CFO Collette Kress and Simone Jankowski, vice president of investor relations, for face-to-face meetings with investors.

Exxon Mobil Corporation plans to acquire the oil & gas operator Denbury Inc and prepares for negotiations dedicated to this.

Morgan Stanley lowered the price target on Tesla to $350 (from $383), while reiterating an Overweight rating, citing lower-than-expected electric vehicle deliveries in the third quarter. According to Morgan Stanley experts, the factors that affected the company's third-quarter production cut and deliveries drop could continue to demonstrate challenges in the fourth quarter and 2023 as well.

According to CNBC Monday’s news, JPMorgan Chase & Co CEO, Jamie Dimon, claimed that the U.S. and the global economy have many chances to face a recession in the 6-9 months.

According to Bank of Canada Governor Tiff Macklem, the economy may slow amid a large number of job vacancies in the labor market.

Game developers have received a question from EU anti-monopoly regulators.

For the first time in 40 years, the Danish inflation rate has passed the 10% mark. It’s highly probable that rising goods and energy prices are causing a recession in the Nordic countries.