ARW
ARW
NYSE · Electrical Equipment

Arrow Electronics Inc

$221.83
+2.73 (+1.25%)
As of Sep 22, 9:47 PM ET ·
ARW News30 articles
Commodities Rally on WASDE Hopes; S&P 500 Futures Slip on Inflation
Soybean and corn futures rose on anticipation of the USDA's WASDE report, while S&P 500 futures dropped on higher-than-expected inflation data.
Markets
WBD Jumps 10.8% on State Antitrust Settlement, Narrows Paramount Deal Spread
WBD closed at $30.80, up 10.79%, after a 12-state antitrust settlement. The $31 Paramount cash offer now sits just 20 cents above the stock, tightening the deal spread.
Regulation
theScore Bet's $50 Bonus Is Invite-Only, PENN's Digital Loss Narrows
PENN's theScore Bet's $50 bonus is invite-only, not a public promo. Interactive loss narrowed to $9.5M in Q2, but profitability remains elusive.
Earnings
Coca-Cola's Premium Valuation Faces a Narrow Path to Analyst Targets
Coca-Cola (KO) shares have rallied 11% in three months to $88.25, leaving only 7.3% upside to the average analyst target. With a forward P/E of 26x, the stock's premium valuation leaves little room for error.
Analysis
Canada's Q1 Deficit Narrows Sharply as Revenue Surges 9.8%
Canada's federal deficit narrowed to C$370M in Q1 as revenue surged 9.8%, but debt charges climbed 6.1%, keeping bond markets cautious.
Economy
AUD/USD Slips Below 0.71 as Fed Rate Hike Narrows Yield Gap
The Australian dollar dropped below 0.71 USD after the Fed's rate hike narrowed the yield advantage, with the RBA's next move now key.
Forex
FTSE 100 Rises as FTSE 250 Slips, Signaling Narrow Market Rally
The FTSE 100 edged higher on Monday, but the FTSE 250 fell, underscoring a narrow rally driven by defensive stocks and oil producers rather than broad market strength.
Markets
Ventura-SED Energy Deal Spread Narrows to 7.6% as LOI Terms Emerge
Ventura Offshore shares closed 7.6% below the mark-to-market value of SED Energy's 5.5-for-1 stock offer, as investors weigh execution risk ahead of a definitive agreement.
Markets
BNB vs. XRP: $10.9B Market Cap Gap Narrows—Token vs. Stock Clarified
BNB is a crypto asset, not Binance stock. With XRP's market cap at 88.7% of BNB's, a $10.94B gap could close on a 12.8% XRP move. Here's what a flip means.
Crypto
ACVA Jumps 44% on Copart Buyout; Deal Spread Narrows to 0.62%
ACVA stock jumped 44.5% to $10.43 after Copart's $10.50/share cash bid. The tiny remaining spread reflects high deal confidence, but risks remain.
Analysis
BitMine Surges 5.8% as Market Narrows Gap to Asset Value
BitMine shares rose 5.8% to $25.625, but its $15.7B treasury offers only a 1.6% discount to common shareholders after preferred claims. ETH staking adds revenue.
Crypto
Kenvue Merger Spread Narrows to 0.6%: What's Left for Investors?
Kenvue stock closed at $17.79, leaving only a 0.6% spread over the implied merger value. Investors weigh the thin cushion against regulatory timing and KMB exposure.
Analysis
Skyworks Surge Narrows Qorvo Merger Spread to Under 1%
Skyworks (SWKS) surged 9.7%, compressing the Qorvo (QRVO) merger spread to 0.6%. The fixed exchange ratio means QRVO tracks SWKS, leaving little arbitrage cushion.
Analysis
Nokia ADR Climbs 6.2% But Gains Mask a Narrow Premium Over Helsinki Listing
Nokia's ADR jumped 6.2% to $10.65, but most gains were a catch-up after Labor Day. The real story: a 1.7% premium over Helsinki shares, which may either narrow or widen.
Analysis
SK hynix Shares Jump 5.6% in Seoul, Narrowing U.S. ADS Gap to 36%
SK hynix's Seoul shares climbed 5.65% Monday, trimming the premium of its U.S. ADRs to 36.1% as Korean chip stocks rallied on AI optimism.
Markets
XRP Price Steady as BIS Test Confirms Narrow Utility
XRP held near $1.42 after BIS researchers tested the XRP Ledger on DevNet, validating a niche data verification use case but not a supply squeeze.
Crypto
Ether's Rally Hinges on BlackRock as ETF Inflows Narrow
Ether trades near $2,478 with BlackRock providing all net spot ETF inflows, while other funds saw outflows, highlighting narrow demand.
Crypto
Uber Narrows Africa Presence Amid Strategic Market Pruning
Uber shares edged higher after the company ended ride services in Nigeria and Uganda, reducing its African markets to four. The move is seen as a strategic pruning.
Markets
BitMine Shares Edge Up as Ether Decline Narrows Asset Cushion
BitMine shares gained 0.2% to $23.42, while ether's 0.9% dip reduced the company's treasury discount to 3%, with common equity estimated at $24.21 per share.
Crypto
BitMine Shares Edge Up as Ether Treasury Narrows Gap to Market Cap
BitMine's stock rose 1.28% to $24.45 as its $14.9B Ether treasury nearly matches its $14.75B market cap, amplifying sensitivity to ETH price swings.
Crypto
Coca-Cola Rally Narrows Upside, Tests Valuation Premium
Coca-Cola's 3.9% weekly gain to $91.10 has shrunk the upside to Wall Street's target to just 3.9%, with valuation at 27.4x earnings ahead of key inflation data.
Markets
StablecoinX Soars 79% as ENA Discount Narrows
StablecoinX shares jumped 79% to $7.18, narrowing the discount on its ENA treasury to 21%. Trading volume reached 64.4 million shares, 27 times average.
Crypto
Strategy Shares Jump 8% as Bitcoin Rally Narrows Treasury Loss Gap
Strategy (MSTR) gained 7.81% as Bitcoin rebounded, narrowing the paper loss on its treasury by $7.7 billion and strengthening the case for further Bitcoin purchases.
Crypto
Rosenblatt Prefers Amazon Over Alphabet on AI Growth, But Valuation Gap Narrows
Rosenblatt initiates Amazon with a Buy rating and $335 target, citing AI strength, while Alphabet trades at a 10% lower forward P/E with comparable upside and faster cloud growth.
Analysis
Arm's Analyst Upside Narrows to 4% as Valuation Remains Steep
Arm's stock fell 1.6% to $249.34, leaving only 4.3% upside to the median analyst target. The average target is skewed by a $500 high estimate, while valuation remains far above peers.
Analysis
Ondas Stock Climbs 0.7% on $33M Aran Defense Buy; Valuation Gap Narrows
Ondas (ONDS) gained 0.7% after announcing a $33 million acquisition of Aran Defense, valuing the target at 1.3x projected 2026 revenue. The deal expands manufacturing but adds integration risk.
Technology
Transocean's Friday Rally Narrows Analyst Price Target Gap
Transocean (RIG) gained 0.7% to $5.76 on Friday, but trailed the energy sector. The stock now sits 11.2% below the consensus target of $6.40, with oil strength and merger dynamics in focus.
Markets
DoubleVerify acquisition spread narrows as closing delayed to 2027
DoubleVerify's acquisition by Nielsen faces a delayed close to Q1 2027, trimming the spread to 2.95% and annualized returns to 4.6%, barely above T-bill yields.
Analysis
Postal Service Loss Narrows as Shipping Fees Boost Revenue, Aiding UPS and FedEx
USPS narrowed its quarterly loss to $2.5B, helped by an 8% parcel surcharge that lifted revenue per piece. The move bolsters pricing for UPS and FedEx, with markets eyeing CPI data.
Earnings
DoubleVerify Stock Nears Nielsen Buyout Price as Deal Spread Narrows
DoubleVerify shares ended the week at $13.21, just 2.95% below Nielsen's $13.60 all-cash offer, reflecting high market confidence in the deal's completion by Q1 2027.
Markets