By WSJ Staff
Workday (WDAY): Elliott Investment Management said it had invested more than $2 billion in the HR software company, shortly after Workday said it would buy AI-focused Sana for $1.1 billion. Workday shares rose about 5% in premarket trading.
General Mills $(GIS)$: The company behind Cheerios and Häagen-Dazs ice-cream is due to post quarterly results before the market opens.
Microsoft $(MSFT)$, Google parent Alphabet (GOOGL, GOOG), Nvidia (NVDA): U.S. tech giants said they would spend more than $40 billion to expand AI infrastructure in the U.K. The pledge came as President Trump visits the nation. Microsoft, Alphabet and Nvidia were among those committing to invest.
StubHub $(STUB)$: The ticket reseller is expected to begin trading on the New York Stock Exchange with ticker symbol "STUB" on Wednesday. (Read more about recent initial public offerings.)
Tencent (HK:700): The WeChat operator plans to raise the equivalent of around $1.3 billion in debt to invest in artificial intelligence. Shares rose 2.6% in Hong Kong.
Paramount Group (PGRE): A New York real-estate firm is nearing a deal to buy the troubled office landlord, The Wall Street Journal reported.
Unilever $(UL)$: Ben & Jerry's co-founder Jerry Greenfield said he is quitting the brand after 47 years, ahead of parent company Unilever's planned spinoff of its ice-cream business.
GSK $(GSK)$ and Eli Lilly $(LLY)$: The two companies became the latest multinational drugmakers to unveil plans to build new U.S. plants, moves aimed partly at mitigating the threat of tariffs on imported medicines.
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(END) Dow Jones Newswires
September 17, 2025 05:35 ET (09:35 GMT)
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