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Inseego shares tumbled Friday after the wireless broadband provider issued a first-quarter outlook that fell significantly short of Wall Street estimates, overshadowing a slight revenue beat in the final months of last year.
Chemours stock plunged nearly 10% in premarket trading Friday after the chemical manufacturer reported a wider-than-expected fourth-quarter loss. The company cited persistent market headwinds and a significant non-cash inventory charge within its advanced performance materials segment as primary drivers for the miss.
Vicor shares retreated in premarket trading after the electronics manufacturer reported fourth-quarter profits bolstered by a significant one-time tax benefit, overshadowing a decline in royalty revenue and increased capital expenditures.
Canadian private-equity giant Onex Corp. reported a fourth-quarter profit of $181 million, reversing a year-ago loss as its investing capital base grew to $8.7 billion. The firm ended the period with a 3% quarterly return, signaling a sharp recovery in its investment management performance.
PPL Corp. announced a 4.6% increase in its quarterly dividend on Friday, while simultaneously lowering its long-term dividend growth forecast to fund a significantly expanded $23 billion capital investment strategy.
BHP Group has signed a nonbinding letter of intent with Faraday Copper to potentially restart the historic San Manuel copper mine in Arizona. The proposed deal aims to consolidate the site with Faraday’s adjacent Copper Creek project, creating a massive regional development hub for the critical metal.
Shares of Moncler SpA climbed 11% on Wednesday after the Italian luxury group reported fourth-quarter revenue that exceeded analyst expectations, driven by resilient demand for its signature puffer jackets and a recovery in the Chinese market. The company’s strong performance during the critical winter shopping period provided a rare bright spot for the luxury sector, lifting shares of rivals like LVMH and Kering in early European trading.
British government bond yields fell to five-week lows on Friday after official data revealed a record £30.4 billion budget surplus for January, providing Chancellor Rachel Reeves with unexpected fiscal headroom ahead of her upcoming spring statement.
Opendoor Technologies shares climbed significantly in premarket trading after the residential real estate platform reported fourth-quarter revenue that handily exceeded analyst expectations, signaling a potential rebound in the iBuying sector.
The U.S. Food and Drug Administration has approved a combination therapy of AbbVie and Genentech’s Venclexta and AstraZeneca’s Calquence for adults with previously untreated chronic lymphocytic leukemia (CLL). This milestone marks the introduction of the first all-oral, fixed-duration treatment regimen for one of the most common forms of adult leukemia.
Hudbay Minerals reported a sharp rise in fourth-quarter net income to $128 million, bolstered by rising commodity prices and a $25 million insurance payout following wildfire-related disruptions in Manitoba. While the Canadian miner’s earnings per share climbed to 32 cents, adjusted results fell short of analyst expectations as production volumes dipped across most core metals.
Candel Therapeutics shares tumbled 12% in premarket trading Friday after the biopharmaceutical firm priced a $100 million public offering of common stock. The capital raise is intended to fuel the commercial launch of its lead prostate cancer treatment and advance its late-stage oncology pipeline.
Select Water Solutions stock fell sharply in premarket trading Friday after the company priced a public offering of 13.7 million shares at a discount to its recent market value to fund infrastructure expansion.
U.S. equity futures signaled a cautious move higher on Tuesday as investors balanced gains in the luxury sector against a downturn in Asian markets. Futures for both the S&P 500 and the Dow Jones Industrial Average rose 0.2% ahead of the opening bell, while European indices showed modest resilience despite a mixed start to the trading session.
Shares of RoboSense Technology jumped in Hong Kong on Friday after the sensor manufacturer signaled a major shift toward profitability, forecasting its first quarterly profit and a significantly reduced annual loss for 2025.
Tesla introduced a more affordable version of its Cybertruck electric pickup on Thursday, pricing a new dual-motor all-wheel-drive variant at $59,990. The strategic pivot lowers the entry cost for the stainless-steel truck by roughly $20,000, signaling a shift toward broader market accessibility as the automaker ramps up production.
Shares in Chinese artificial intelligence startups Zhipu AI and MiniMax rallied in Hong Kong on Friday, outperforming broader tech benchmarks as the market reopened after the Lunar New Year. While established giants like Alibaba and Baidu faced selling pressure, investor appetite for specialized AI "Little Dragons" remains high, driven by a series of new product rollouts and Beijing’s push for technological self-reliance.
Swiss pharmaceutical giant Novartis AG has agreed to sell its 71% stake in its listed Indian unit to a consortium led by WaveRise Investments for 14.46 billion rupees ($159 million). The deal marks a total exit from the subsidiary and triggers a mandatory open offer for additional public shares.
COPT Defense Properties has approved a 4.9% increase to its quarterly dividend, raising the payout to 32 cents per share as the company capitalizes on steady demand for mission-critical defense infrastructure.
The Federal Agricultural Mortgage Corporation, known as Farmer Mac, has increased its quarterly dividend by 7% to $1.60 per share, up from the previous $1.50. The decision underscores the institution's robust capital position and a positive outlook for projected earnings growth in the agricultural secondary mortgage market.
Consumer-facing stocks retreated as rising oil prices, fueled by escalating tensions in the Middle East, weighed on investor sentiment across the sector. While fuel-sensitive industries like airlines faced significant pressure, Walmart bucked the trend, reporting robust quarterly growth driven by grocery demand and a surging advertising business.
Grail announced Thursday that its flagship multi-cancer early detection test, Galleri, failed to meet the primary endpoint of a massive clinical trial involving 142,000 participants. The study, conducted in partnership with the UK's National Health Service, was intended to demonstrate a significant reduction in late-stage cancer diagnoses but fell short of its statistical targets.
Merchants Bancorp announced a 10% increase to its quarterly cash dividend, raising the payout to $0.11 per share as the financial institution continues its trend of returning value to investors.
Shares of major financial institutions tumbled after Blue Owl Capital suspended quarterly redemptions at a retail private-credit fund, triggering widespread liquidity fears across the direct lending sector.
GoPro has named internal veteran Brian Tratt as its next chief financial officer, effective March 17, allowing current CFO Brian McGee to focus exclusively on his ongoing roles as the company’s president and chief operating officer.
Consolidated Edison reported fourth-quarter revenue of $4.0 billion, exceeding Wall Street projections as higher electric and natural gas returns bolstered the New York utility’s top line.
Forefront Tech Holdings Acquisition filed with the SEC on Thursday to raise $100 million in an initial public offering, signaling a renewed appetite for specialized blank-check vehicles. The company intends to target high-growth sectors including blockchain-integrated artificial intelligence and robotics.
BP is pushing to extend the mandatory notice period for strikes or lockouts at its Whiting, Indiana refinery from 24 hours to 150 days, citing a need for industrial stability. The proposal comes as the energy giant remains locked in tense contract negotiations with the United Steelworkers, who have already authorized a walkout at the 440,000 barrel-per-day facility.
Technology shares declined as investors re-evaluated the long-term profitability of the artificial intelligence boom, balancing massive capital expenditure requirements against uncertain returns. Despite reports of a new $100 billion funding round for OpenAI, shares of its primary backer, Microsoft, fell as the market scrutinized whether the shift toward capital-intensive infrastructure will erode the high-margin software models that have long defined the sector.
Utility stocks advanced as investors pivoted toward defensive assets amid geopolitical instability and private-credit anxieties, sparked by a robust long-term growth forecast from Southern Co.