Global Equities Retreat as Tech Earnings Shake AI Confidence
Global equities retreated on Thursday, October 22, 2026, as disappointing corporate earnings from major technology firms renewed doubts over artificial intelligence spending.
Barclays
Schneider Electric Agrees to Acquire PTC for $22.6 Billion
Schneider Electric has agreed to acquire the U.S. software group PTC for $22.6 billion in an all-cash deal expected to close by the third quarter of 2027.