ARW
NYSE · Electrical Equipment
Arrow Electronics Inc
$203.51
-18.78 (-8.45%)
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.
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.
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.
Student Loan Cap Narrows Private Lender Market
New federal loan caps reduce the private lending market to 17.4% of graduate borrowers, reshaping opportunities for SLM, SOFI, and NAVI.
Alphabet's AI Chip Financing Edge Narrows Cost Gap by 220 Basis Points
Alphabet's $43.8 billion credit backstop enables Google-backed data centers to borrow at 7.1% vs. 9.3% for Nvidia-based projects, a 220-basis-point edge. GOOGL shares up 4.9%.
Atkore Jumps 28% on $3.8B Prysmian Cash Bid; Spread Narrows
Atkore (ATKR) jumped 28% to $93.40 after Prysmian's $95/share cash offer. The spread is now 1.7%, with an annualized return of 5.1% including dividend.
Transocean-Valaris Merger Spread Narrows as Q2 Earnings Loom
Transocean's Q2 report due Wednesday will test the Valaris merger's 2.35% spread as oil prices slide. The fixed-ratio offer's value hinges on RIG's share price and operational guidance.
SK hynix ADR Premium Narrows to 21% After Seoul Shares Surge
SK hynix shares surged 30% in Seoul, narrowing the ADR premium to ~21%. Q2 results missed estimates on HBM4 delays, but demand stays robust.
GM Stock Surges 7.5% on Strong Sales, But Valuation Gap with Ford Narrows Slowly
GM shares gained 7.5% last week, yet its valuation multiple still trails Ford's. Strong Q2 margins and raised guidance support the stock, but the gap remains.
Transocean Shares Rebound as Valaris Merger Spread Narrows Ahead of Q2 Results
Transocean shares climbed 4.7% on Friday, reducing the merger spread with Valaris to 2.35% ahead of Q2 earnings. The deal remains on track for H2 2026 close pending regulatory approvals.
SK hynix ADR Premium Narrows to 21% as Seoul Shares Rebound
SK hynix shares rebounded 29.95% in Seoul on Friday, yet the ADR premium persists at 20.7%. Robust chip export data and record Q2 earnings underpin the bullish demand narrative.
Tech Gains Mask Narrow Market as Jobs Report Looms
Stocks closed higher this week, but tech-led gains masked a narrow rally. Investors now await the July jobs report, which could influence Fed rate hike expectations.
Peso's July Rally Narrows Carry Trade Advantage
The Mexican peso rose 1.02% in July, but carry trade returns are nearly offset by forecast depreciation. Banxico holds rates ahead of policy decision.
BitMine Stock Gains 9% Weekly Despite Ether Flat; NAV Discount Narrows
BMNR climbed 9.4% for the week despite a 2.8% drop in Ether. NAV stands at $18.12-$18.48, with shares trading at a discount.
WBD Stock Climbs 3.2% as Legal Hurdle to Paramount Deal Narrows
WBD shares gained 3.2% Friday, closing at $26.29, as reports of a possible settlement in the Paramount antitrust lawsuit improved deal prospects.
Dow's Narrow Advance Masks Weak Breadth as Tech Giants Dominate
The Dow rose 188 points, but gains were driven by just five megacap stocks, while small caps fell and Treasury yields hit a 2025 high.
Uniper Deal Narrows Ksi Lisims FID Gap to 1-2 Mtpa
Uniper's binding 2 Mtpa LNG offtake cuts Ksi Lisims' FID gap to 1-2 Mtpa. Total disclosed volume reaches 7 Mtpa (58% of capacity). UN0 shares gain 1.3%.
Transocean Shares Dip Despite Oil Rally as Valaris Deal Spread Narrows
Transocean shares slipped 1.3% to $4.93 despite a 7.3% jump in Brent crude. The Valaris merger spread narrowed to 2.0% as the deal progresses.
Hermès Shares Tumble 10% on China Slowdown and Narrowing Growth
Hermès shares dropped nearly 10% after Q2 sales growth of 6.7% disappointed investors, as Asia ex-Japan slowed to 2.5%.
Transocean and Valaris Shares Dip Amid Oil Price Slide; Merger Spread Narrows
Transocean and Valaris shares fell Monday as crude oil prices declined. The merger spread narrowed to 2.3%, with the next antitrust review stage set for July 31.
Bitmine's Discount to Asset Value Narrows Sharply Amid Ether Slide
Bitmine Immersion's gross asset discount narrowed to 5-6% from 18% last week, driven almost entirely by Ether's price decline, bringing shares closer to asset value.
Enterprise Products Partners' Yield Advantage Narrows Ahead of Q2 Report
Enterprise Products Partners' yield premium over Treasuries has narrowed to just 109 basis points as the market awaits its Q2 earnings report on July 30.
Transocean Stock Holds Near $5.34 as Merger Spread Narrows to 2.7%
Transocean (RIG) shares rose 0.4% to $5.34 on Friday, as the merger spread with Valaris (VAL) tightened to 2.7%, reflecting low completion risk but ongoing antitrust uncertainty.
Rani Therapeutics Soars 29%, Narrows Nasdaq Compliance Gap to 11%
Rani Therapeutics shares jumped 29.4% to $0.89, reducing the gap to Nasdaq's $1 minimum bid to about 11%. CEO Talat Imran's open-market purchase and promising Phase 1a results for RT-114 fueled the rally.
Arrowhead Surges 23% on Positive Plozasiran Phase 3 Data
Arrowhead Pharmaceuticals (ARWR) shares surged 23% after Plozasiran Phase 3 data showed 79-81% median triglyceride reduction and 78% fewer pancreatitis events.
Transocean and Valaris Shares Rise as Merger Spread Narrows to 2.25%
Transocean (RIG) gained 1.24% to $5.305, while Valaris (VAL) rose 1.18% to $79.00, with the merger spread narrowing to 2.25% as the companies await regulatory clearance.
Amazon Narrows AGI Team, Focuses on $200B Capex ROI
Amazon reduced headcount in its AGI unit, signaling a more selective approach to AI investments as it manages a $200 billion capex plan.
Buffett's Valuation Warning Echoes as Stock-Bond Spread Narrows to 7 Basis Points
The gap between U.S. stock yields and real Treasury yields has shrunk to just 7 basis points, echoing Warren Buffett's warning about overvaluation. Tech earnings this week will be crucial.
MSTR Bolsters Cash Reserves as Bitcoin Premium Narrows Amid Banking Sector Adoption
Strategy raised $263.5M from a share sale, increasing cash reserves without purchasing bitcoin, as banking sector adoption of digital assets tests its market premium.
SPY Slips as Megacap Earnings Spotlight Narrow Market Breadth
SPY closed at $742.09, slipping 0.16%, as market breadth narrowed ahead of megacap earnings from Alphabet and Tesla.