Synopsys projected fiscal 2027 revenue of $11.10 billion to $11.20 billion, above analysts’ average estimate of $10.81 billion. The chip-design software maker forecast fiscal 2027 earnings per share of $19.04 to $19.12, also ahead of expectations. The company disclosed partnerships with OpenAI and Amazon Web Services and said it plans to repurchase about $1 billion of shares. It also set a target of about 15% compound annual revenue growth from fiscal 2026 through fiscal 2030 and an adjusted operating margin of about 50% by fiscal 2030.

Alamos Gold reported a 54.4% year-on-year rise in H1 26 revenue to USD 1.2bn, driven by a 53.9% increase in average realized gold prices to USD 4,660/oz. Revenue from its Island Gold District rose 58.8% to USD 576.1m, making it the company’s largest contributor. All-in sustaining costs increased 14.6% to USD 1,793/oz. Ontario’s new “One Project, One Process” framework is cutting review timelines by 50%, supporting Alamos Gold’s plan to expand annual output from about 540,000 ounces in 2026 to around 1 million ounces by 2030.

Sanofi and Regeneron Pharmaceuticals have agreed to expand their partnership to jointly develop and commercialize new immunology drugs. Under the deal, Regeneron will receive $1 billion upfront from its European partner. It may also be eligible for up to $7 billion tied to development, regulatory and commercial milestones, bringing the agreement’s potential value to as much as $8 billion.

The Indian rupee faced renewed depreciation pressure on Thursday as rising oil prices and elevated U.S. Treasury yields weighed on the currency. Brent crude’s December contract rose nearly 2% on Wednesday, taking its September gain to around 14%, while the 10-year U.S. yield climbed near its highest level since 2007. Softer-than-expected August U.S. inflation data and cooling expectations for an October Federal Reserve rate hike did little to lift sentiment.

Nidec posted a net loss of ¥564.62 billion for the year ended March after booking a ¥632 billion impairment loss. The company cited a deterioration in its electric-vehicle motor business and intense competition for household-appliance motors in China. After the results were released, the stock fell as much as 20% in Tokyo trading and was last down 17% at ¥1,945.

Bassett Furniture Industries reported fiscal third-quarter results, with net income of $0.24 a share on a diluted basis, up from $0.09 a year earlier. The figure also topped the $0.13 consensus estimate from two analysts surveyed by FactSet.

Spot gold fell 0.7% on Wednesday to $4,152.86 per ounce, bringing its September decline so far to 6.6%. U.S. August PCE inflation rose 0.3% month on month, while core PCE increased 3.0% year on year, both slightly below expectations. But higher energy prices offset the softer inflation signal, keeping expectations for further rate increases elevated and pressuring precious metals.

Cal-Maine shares fell after the egg producer reported first-quarter net sales that missed the average analyst estimate and said it will not pay a cash dividend for the quarter. Concentrix slid after its fourth-quarter revenue forecast came in below the average analyst estimate. Robinhood gained as it said it plans to offer weekend trading for a selected list of stocks and exchange-traded funds in modern US markets, according to Bloomberg videos provided by MT Newswires.

Hewlett Packard Enterprise raised its long-term revenue growth forecast for its networking business, lifting the expected compound annual growth rate from 5%-7% to the high teens. The company also said it secured a $1.2 billion order from cloud provider Vultr for AMD server racks. HPE increased its annual cost-synergy target from its Juniper Networks acquisition to $800 million, and its shares rose nearly 6% in premarket trading.