Latest News
Constellation Energy Soars on Grid Plan, Data Center Deals
Constellation Energy shares jumped 4.5% to $288.43, extending a 10% rally from early February. Trader focus is on a PJM Interconnection grid plan and new data-center power supply deals.
Verizon Shares Dip Ahead of Holiday, Executives Report Stock Transactions
Verizon shares declined 0.9% to $49.01 in Friday's session, underperforming major telecom peers. Recent SEC filings disclosed stock award vesting and related share disposals by several top executives.
Thermo Fisher Shares Extend Slide Amid Clario Acquisition Financing
Thermo Fisher Scientific shares declined 0.98% to $504.82 on Friday, extending a recent downturn. The company has raised $3.8 billion in senior notes to partially fund its acquisition of clinical data firm Clario.
GE Vernova Shares Dip Ahead of Holiday, Wind Losses Offset Grid Demand
GE Vernova shares declined 1.77% to $802.13 on Friday, retreating from recent highs ahead of the Presidents Day market closure. The company balances robust orders for gas turbines and grid infrastructure with persistent challenges in its wind segment.
Vertiv Shares Dip Ahead of Holiday as Investors Assess Record Backlog
Vertiv Holdings shares retreated 0.8% Friday, closing at $234.53, as investors digested the company's record $15 billion backlog and strong quarterly results ahead of the U.S. market holiday.
Seagate Shares Dip Ahead of Holiday as $600M Debt Exchange Looms
Seagate Technology shares declined Friday, trailing storage sector peers, as the company moves forward with a plan to exchange $600 million in notes for cash and equity. Trading pauses for the Presidents Day holiday.
Bank of America Closes at $52.55 Ahead of Holiday, CEO Pay Rises to $41M
Bank of America ended Friday's session at $52.55, a marginal gain of 0.06%, following a week that saw shares decline roughly 7%. The bank's board approved a 17% increase in CEO Brian Moynihan's 2025 pay package, bringing his total compensation to $41 million.
Spotify Shares Gain Ahead of Holiday Break Amid AI Market Tensions
Spotify shares advanced 2.8% Friday, closing at $458.34, while broader markets were mixed. Investors are navigating concerns over AI's impact on tech stocks ahead of a holiday-shortened week.
IBM Outperforms Tech Peers Ahead of Holiday, Focus Shifts to Fed Minutes
IBM stock advanced 1.1% to $262.38 on Friday, outperforming major tech peers, with trading set to resume Tuesday after the Presidents Day holiday. Market attention turns to upcoming economic indicators and Federal Reserve policy signals.
