BMO Capital Markets has identified Quanta Services (PWR) as its top investment in the energy infrastructure space, citing the company's record backlog and strong positioning to benefit from spending on grid modernization and data centers.
S&P Global Ratings has lowered ZipRecruiter's credit rating to 'B-' from 'B', citing significant competitive pressure from market leaders like LinkedIn and Indeed. The ratings agency revised its outlook on the online employment marketplace to stable from negative.
Italian energy services firm Saipem said the mandatory waiting period for its proposed merger with Subsea7 has expired under U.S. antitrust law, a key step toward finalizing the deal which still requires international approvals.
Investors are closely watching for Monday's release of the S&P Global and ISM Manufacturing PMI reports, which will offer key insights into the health of the U.S. industrial sector and potential impacts on monetary policy.
Investors are bracing for a busy day of corporate earnings reports, with key results expected from data analytics firm Palantir, hotel giant Marriott International, and food producer Tyson Foods, offering insights across technology, consumer travel, and agriculture.
Live Nation shares are sliding in a 'sell the news' event, as investor concerns over margin contraction and regulatory risks overshadow a strong second-quarter earnings and revenue beat.
An executive at Texas Precious Metals stated that the recent price weakness in gold and silver offers an attractive entry point for investors, citing strong central bank buying and growing retail demand as key long-term supports for the market.
President Donald Trump stated Friday that the U.S. has not agreed to allow Ukraine to manufacture Patriot missiles, citing significant concerns over sharing advanced military technology. The remarks cast uncertainty on a potential defense production deal as Kyiv seeks to bolster its air defenses against Russia.
US equities saw significant price swings on Friday, with corporate earnings reports and forward-looking guidance acting as the primary catalysts for major moves in stocks across all market-cap segments.
