Two Asian private-equity firms have merged through a new $700 million continuation fund using a deal structure that has become increasingly popular in recent years.

Shares of Mobileye, a company specializing in assisted driving, rose 8% after Deutsche Bank began covering the stock with a buy rating.

The drug industry is now divided between those who have access to the latest treatments and those who do not.

After WWE announced that founder Vince McMahon is returning to its board of directors and that the company is exploring strategic moves, its stock surged 21%.

Tesla's stock plummeted 12% on Tuesday after the electric car manufacturer reported deliveries that did not meet analyst predictions, while Apple's shares dropped more than 3% as worries about the demand for the iPhone in the December quarter resurfaced.