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REE News9 articles
Main Street Capital Shares Decline Ahead of Earnings Report
Main Street Capital shares dropped 2.4% to $59.44 Friday, underperforming alongside peers in the business development company sector. The company reports quarterly earnings on February 26.
GE Vernova Surges on Long-Term Turbine Reservation Agreement
GE Vernova shares advanced over 4% after Maxim Power secured a 2030 delivery slot for a gas turbine, signaling strong future demand. Trading volume exceeded 2.7 million shares.
Cloudflare Surges on AI-Powered Revenue Forecast, Beats Street Expectations
Cloudflare shares soared in premarket trading after the company issued a 2026 revenue outlook exceeding analyst estimates, driven by robust demand for AI agents and enterprise deals.
Mortgage Rates Dip to Three-Week Low as Markets Await Jobs Data
U.S. mortgage rates declined to their lowest level in three weeks, with the 30-year fixed average falling to 6.11%. Financial markets are now focused on the upcoming employment report for direction on bond yields.
Vale Shares Dip Premarket as Brazilian Courts Deny Major Asset Freeze Requests
Vale's U.S.-listed shares declined 0.8% in premarket trading after Brazilian courts rejected asset freeze requests totaling 2.846 billion reais, with investors awaiting quarterly results.
Lynas Shares Gain as Rare Earth Prices Reach Multi-Year High, State Street Boosts Stake
Lynas Rare Earths shares advanced 2.2% after neodymium-praseodymium oxide prices in China hit their highest level since mid-2022. State Street Corporation increased its voting power in the company to 9.55%.
Constellation Energy Gains on Major Texas Data Center Power Agreement
Constellation Energy shares rose 3.6% after its Calpine unit secured a 380-megawatt power deal for a new Texas data center, highlighting surging electricity demand from AI workloads.
Tech Giants' Massive AI Spending Spree Sparks Investor Concerns Over Cash Flow
Major tech firms plan over $630 billion in AI data center investments for 2026, raising fears about vanishing free cash flow and potential cuts to shareholder returns. Amazon shares fell 9% after announcing a $200 billion capex plan.
OmniVision Greenshoe Exercise Concludes, Shares to Trade Without Stabilization
OmniVision Integrated Circuits announced underwriters partially exercised the over-allotment option, issuing 4.94 million H shares at HK$104.80 each, raising HK$511.2 million. The stabilization period ended February 6.