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Rivian Shares Surge on R2 SUV Outlook, 2026 Delivery Target
Rivian Automotive shares surged in extended trading after the company forecast a significant increase in 2026 deliveries, powered by its upcoming more affordable R2 SUV model.
Rocket Lab Shares Slide Amid Space Sector Sell-Off, Key Test and Earnings Ahead
Rocket Lab shares dropped 5.2% amid a broader space stock sell-off. Investors are focused on an upcoming hypersonic test and the company's February 26 earnings report.
AUD Hits 3-Year High on RBA Rate Hike Expectations
The Australian dollar reached a three-year peak above 71 US cents amid heightened expectations for further Reserve Bank of Australia monetary tightening. Mortgage lending jumped 9.5% in Q4, supporting the currency's rally.
Krafton Eyes AI Robotics and $1 Trillion Shareholder Returns After Record Revenue
Krafton is exploring applying its game-trained AI to humanoid robots while launching a major shareholder return program after achieving record annual revenue.
Philip Morris Hits 52-Week High Despite India IQOS Ban
Philip Morris shares climbed 1.4% to $188.95, setting a new 52-week high. The gain came despite India's health ministry refusing to relax its ban on heated tobacco, blocking the IQOS launch.
Coherent Shares Dip After Bain Capital Sells $2.2B Stake
Coherent shares declined roughly 3% in extended trading Thursday following a regulatory filing showing a Bain Capital affiliate sold its entire stake in a $2.22 billion block transaction.
Musgrave to Cut 82 Back-Office Jobs in Efficiency Drive, Partners with Infosys
Musgrave plans to eliminate up to 82 finance and HR positions across three Irish cities, transferring support functions to Infosys. The move follows rising costs and squeezed margins in Ireland's competitive grocery market.
Arista Networks Surges on Strong Q4 Results, Upbeat AI Outlook
Arista Networks shares rallied in after-hours trading following better-than-expected fourth-quarter results and strong forward guidance, reinforcing confidence in AI-driven data center spending.
Kraken Launches 3% Deposit Match, Capped at $30K Through March
Kraken is running a promotion matching 3% of new cash and crypto deposits, with rewards limited to $30,000 per account. The bonus comes with an 18-month holding requirement.
Roku Surges on Strong 2026 Outlook, Record Subscriptions
Roku shares climbed after the company issued an upbeat 2026 revenue forecast, exceeding analyst expectations. The streaming platform also reported its strongest quarter ever for premium subscription additions.