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PAR News30 articles
Instacart Parent Soars on Strong Guidance, Eyes Key Catalysts Ahead
Maplebear Inc, parent of Instacart, closed up 9.2% at $36.30 following an upbeat quarterly forecast. The company reported a 14% rise in Q4 gross transaction value to $9.85 billion.
DraftKings Shares Plunge on Subpar Long-Term Forecast
DraftKings shares dropped over 13% following a disappointing 2026 financial forecast. The company's push into prediction markets faces regulatory scrutiny.
Datavault AI Warrant Dividend Date Shift Sparks 8.6% Stock Surge
Datavault AI shares surged 8.6% following the company's decision to postpone its warrant dividend distribution to February 23. The move triggered heavy trading volume approaching 97 million shares.
Microsoft Gains on Cool Inflation Data, Aramco AI Partnership
Microsoft shares advanced slightly Friday following cooler-than-expected inflation figures and a new AI partnership announcement with Saudi Aramco.
Algorhythm's AI Freight Claims Spark Market Turmoil, Trucking Stocks Tumble
Algorhythm Holdings shares jumped 16.7% in premarket trading following a 30% surge Thursday, as its AI freight efficiency claims triggered a selloff in trucking and logistics stocks.
Standard Chartered Shares Recover After CFO Departure, Digital Push
Standard Chartered shares rose 0.6% Friday, recovering part of Thursday's 4.7% drop. The bank appointed an interim CFO and unveiled a digital assets partnership.
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.
Standard Chartered Partners with B2C2 to Enhance Institutional Crypto Access
Standard Chartered has entered a strategic partnership with crypto market maker B2C2 to expand institutional access to digital assets by connecting clients directly to the bank's payment and settlement infrastructure.
S&P Global Shares Rebound After Profit Guidance Sparks Selloff
S&P Global shares gained 1.7% on Thursday, rebounding after a two-day slide. The stock had fallen following the company's 2026 adjusted EPS guidance, which came in below its medium-term targets.
Palantir Shares Decline Despite Defense Cloud Approval and Airbus Partnership Renewal
Palantir Technologies stock fell 1.3% to $133.85 in Thursday trading, underperforming tech peers. The company secured new U.S. defense cloud authorizations and extended its Airbus Skywise partnership.
Zhipu AI Price Hike and Model Launch Sparks Rally in Chinese AI Stocks
Chinese AI firm Zhipu raised subscription prices by at least 30% following its GLM-5 open-source model launch, with its Hong Kong shares surging 30%. Premier Li Qiang called for accelerated commercial AI adoption.
Airline Stocks Sink as Fuel Costs Climb Despite New Partnership Launch
United Airlines shares fell over 3% as rising oil prices pressured the sector, overshadowing the rollout of its cross-booking partnership with JetBlue.
Pfizer Shares Dip in Premarket Amid SEC Settlement, Partnership News
Pfizer stock edged lower in premarket trading following a $29 million SEC settlement agreement and a new biotech incubator partnership. Investors await key inflation data.
Tesla Shares Edge Lower Amid Leadership Shift and China Tech Partnership
Tesla stock dipped 0.2% in premarket trading following a management reshuffle and a new collaboration with Tencent for WeChat integration in Chinese vehicles. The company also faces labor tensions at its German plant.
LPL Financial Shares Stabilize After AI Tax Tool Sparks Brokerage Selloff
LPL Financial shares steadied in premarket trading following an 8.3% plunge, as investors assess the threat of AI automation to traditional tax-planning fees. The selloff spread across major brokerage firms after fintech Altruist unveiled an AI-powered tax strategy tool.
Paramount Boosts WBD Takeover Bid with Delay Premium, Covers Netflix Breakup Fee
Paramount has enhanced its $30-per-share offer for Warner Bros. Discovery by adding a ticking fee and agreeing to cover costs if WBD exits its Netflix deal. WBD's board continues to support the Netflix agreement while reviewing the new terms.
Ryanair Inks $1B Annual Parts Deal with CFM, Lifting GE Aerospace Shares
GE Aerospace shares gained 0.3% after Ryanair announced a multi-year agreement to purchase over $1 billion in engine parts annually from CFM International, a joint venture with Safran.
Eli Lilly shares retreat as $2.4B Orna acquisition and China partnership draw scrutiny
Eli Lilly's stock declined 0.9% as investors assessed the company's strategic moves into cell therapy and Chinese drug development. The market is weighing increased pipeline spending against intensifying competition in obesity treatments.
Netflix Shares Surge on Paramount's Enhanced Warner Bros. Discovery Bid
Netflix stock climbed over 3% after Paramount sweetened its offer for Warner Bros. Discovery, including covering a $2.8 billion breakup fee tied to Netflix's existing deal.
S&P Global Tumbles on Subpar 2026 Forecast, Drags Down Financial Data Peers
S&P Global shares fell sharply after issuing a 2026 profit outlook below analyst expectations, sparking a sell-off in related financial information stocks.
SoFi Expands Crypto Trading to Hong Kong via OSL Partnership Following Analyst Upgrade
SoFi Technologies partners with OSL Group to launch in-app digital asset trading in Hong Kong, expanding its crypto services. The move follows a Citizens analyst upgrade to 'Market Outperform' with a $30 price target.
Transocean's $5.8B Valaris Acquisition Sparks Pre-Market Rally
Transocean shares climbed 6% premarket after announcing an all-stock merger with Valaris, creating a combined fleet of 73 rigs with a $10 billion backlog.
Ether Holds Near $2,000 as Digital Art Adoption Sparks Regional Interest
Ether trades around $2,020 after testing the $2,000 support level, while Standard Chartered maintains a $7,500 price target for late 2026. Emerging discussions highlight Corning, NY as a potential hub for Ethereum-based digital art.
Standard Chartered Shares Drop on Sudden CFO Departure Ahead of Earnings
Standard Chartered shares fell sharply in London trading after CFO Diego De Giorgi resigned immediately. The bank named an interim finance chief as investors await full-year results later this month.
Natural Gas Futures Plunge on Milder Weather Outlook; Expand Energy Shares Drop After CEO Departure
U.S. natural gas prices tumbled over 8% to a three-week low as forecasts of warmer temperatures threatened heating demand. Separately, leading producer Expand Energy's stock fell sharply after its CEO announced an exit.
Amazon's $200B AI Investment Plan Weighs on Shares as AWS Expands Chip Partnership
Amazon shares edged lower Monday as investors assessed the company's ambitious $200 billion capital expenditure plan for 2026 and a deepened semiconductor agreement with STMicroelectronics.
Kyndryl Shares Plummet Over 50% Amid SEC Probe, Filing Delay, and Executive Departures
Kyndryl Holdings stock crashed more than 50% after delaying its quarterly report, disclosing an SEC inquiry into its financial controls, and announcing the exit of its CFO and General Counsel.
PepsiCo Shares Retreat as Snack Price Cuts Spark Margin Concerns
PepsiCo stock declined 2.4% to $166.41 on Monday, reversing last week's rally. Investors are weighing the impact of recent snack price reductions on volume and profitability.
Amazon's $200B AI Spending Plan Sparks Analyst Debate and Stock Volatility
Amazon shares declined as Bank of America cut its price target, citing concerns over a planned $200 billion capital expenditure for 2026 and weakening free cash flow. Analysts remain divided on the stock's outlook amid heavy AI investment.
Corning Gains in Premarket Following Record High, Fueled by Meta Data Center Partnership
Corning shares advanced 1.8% in premarket trading after reaching an all-time closing high Friday, driven by a multi-billion dollar optical fiber supply agreement with Meta Platforms.