Shares of the digital banking giant rose after its Mexican subsidiary received the final authorization from regulators to operate as a multiple banking institution, a key step in its regional expansion.
A UK court has ruled mostly in favor of carmakers including Ford, Mercedes-Benz, and Stellantis in a landmark initial judgment on claims they used illegal 'defeat devices' to cheat emissions tests.
Chicago wheat futures reached their highest level in six weeks as traders positioned for a U.S. Department of Agriculture report expected to show a reduction in domestic stockpiles. Supply concerns in Europe also provided support.
Jefferies raised its rating on the annuity provider to Buy from Hold and increased its price target to $140, pointing to the company's sensitivity to a strong equity market and a recent $500 million capital injection from TPG.
Shares of Biogen gained after several Wall Street analysts raised their price targets, citing optimism around upcoming clinical data for its Alzheimer's candidate diranersen and a potential FDA approval for a new Leqembi formulation.
Citi upgraded Knight-Swift and Saia to Buy, viewing the recent drop in their share prices as a compelling entry point, but maintained a cautious outlook for the trucking sector's near-term performance.
Shares of Circle Internet Group jumped over 13% after the USDC stablecoin issuer received final approval from the U.S. Office of the Comptroller of the Currency to charter a national trust bank.
Fast-fashion giant Shein is likely targeting a September or October initial public offering in Hong Kong, according to a source, following recent approval from China's securities regulator.
Shares of EquipmentShare jumped over 11% after the company raised its full-year revenue and earnings guidance and its board authorized a new $500 million share repurchase program.
