Moody's raised HealthEquity's corporate family rating to Ba2, citing improved operating performance, strong free cash flow, and faster-than-expected debt reduction following its BenefitWallet acquisition.
S&P Global Ratings has revised its outlook on TTM Technologies to positive from stable, citing explosive demand for the company's printed circuit boards from the artificial intelligence sector.
The UK's Financial Conduct Authority will launch a daily summary of UK share trading and release a year of historical data as an interim measure to boost transparency before a full consolidated tape is introduced.
Microsoft reported fourth-quarter earnings that significantly beat expectations, driven by a reacceleration in its Azure cloud growth to 43%. The results, which pushed Azure's annual revenue past $100 billion, sent the company's stock soaring.
Meta Platforms reported stronger-than-expected Q2 revenue driven by robust ad demand, but shares fell after heavy investments in AI infrastructure caused earnings to miss Wall Street estimates.
Coinbase Global is set to report earnings with options markets pricing in a 7.3% stock move, testing investor sentiment as Bitcoin and Ethereum post modest gains. The report will offer a key barometer for the crypto industry and Wall Street's exposure to the volatile asset class.
S&P Global Ratings has revised its outlook on Nokia to positive from stable, citing strengthening demand for network infrastructure driven by AI and cloud customers, which could lead to a credit rating upgrade within 24 months.
Shares of Microsoft soared after the company projected stronger-than-expected growth for its Azure cloud unit, putting the tech giant on course to achieve the largest single-day gain in market value on record.
Investors await key U.S. economic data on Friday, including the Q2 Employment Cost Index and the final July consumer sentiment report, for fresh signals on inflation and economic health.
