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Verizon Retreats from 52-Week Peak Ahead of Holiday Break
Verizon Communications stock declined Friday after reaching a 52-week high, underperforming peers. Markets are closed Monday for Presidents Day.
Air Canada Q4 Profit Hits C$296M, 2026 EBITDA Outlook Tops Views
Air Canada swung to a C$296 million fourth-quarter profit and issued a 2026 adjusted EBITDA forecast above analyst expectations, fueled by robust overseas corporate and premium travel.
Thermo Fisher Prices $3.8B Bond Offering to Fund Clario Acquisition
Thermo Fisher Scientific raised $3.8 billion through a multi-tranche bond offering to fund its planned Clario acquisition. Shares closed down nearly 1% on Friday.
Vertiv Gains Investment-Grade Rating After Strong Earnings
Vertiv Holdings shares eased slightly Friday but posted a nearly 20% weekly gain after S&P upgraded its credit rating to investment-grade BBB- on strong earnings and surging orders.
Boeing Gains on Defense Contracts, Supplier Progress Amid FAA Scrutiny
Boeing shares advanced Friday as new defense awards and supplier quality improvements offset regulatory attention on older 737 aircraft inspections.
GE Vernova Shares Pull Back After Recent High, Wind Losses Weigh
GE Vernova shares declined nearly 2% Friday, retreating from a 52-week high. The company's wind business reported a significant EBITDA loss for 2025, with more losses projected.
Chevron Gains as U.S. Eases Venezuela Sanctions; OPEC+ Meeting Looms
Chevron shares advanced Friday following eased U.S. sanctions on Venezuela's energy sector. Oil prices posted modest gains ahead of a key OPEC+ meeting scheduled for March 1.
Spotify Shares Rebound 2.8% to $458 After Volatile Week
Spotify shares gained 2.8% to close at $458.34 on Friday, rebounding from Thursday's sharp decline. The stock has risen approximately 10.5% since Monday's close.
IBM Shares Rebound on Hiring Expansion and Inflation Data
IBM shares gained 1.1% to $262.38, halting a four-session slide. The company announced plans to significantly increase entry-level hiring next year while reshaping roles around artificial intelligence.
S&P Global Shares Rally Amid Analyst Target Cuts and Insider Buying
S&P Global shares advanced 3.1% to $409.54 on elevated volume, though remain 29% below their 52-week high. Analysts trimmed price targets but maintained bullish ratings.