Intercontinental Exchange announced a $5.7 billion all-cash acquisition of MarketAxess, a move that sent its shares lower as investors weighed the deal's all-debt financing against strong quarterly earnings and a dividend increase.
Ramaco Resources stock gained after a new report increased the pre-tax net present value of its Brook Mine critical minerals project by over 500% to $8.0 billion, citing a new refining process focused on semiconductor materials.
Saudi Arabia's benchmark stock index closed higher on Thursday, lifted by gains in the telecommunications and financial services sectors, even as the broader market showed mixed performance.
Investors are scrutinizing NVIDIA over reports of a potential $250 billion financing arrangement with OpenAI, alongside geopolitical tensions and competitive threats, ahead of its pivotal August 26 earnings report.
Strong U.S. demand for high-margin pickup trucks is boosting profits for some automakers, creating a stark contrast with rivals struggling against intense price pressure and slumping sales in the competitive Chinese electric vehicle market.
The National Highway Traffic Safety Administration has granted Amazon's autonomous vehicle unit, Zoox, a landmark exemption to commercially deploy up to 2,500 of its purpose-built robotaxis, a first for a vehicle designed without manual controls.
The agricultural equipment maker's shares declined sharply after it missed second-quarter estimates and significantly reduced its revenue and earnings guidance for 2026, pointing to weaker industry conditions.
Shares of automotive parts provider LKQ Corp. fell sharply after the company reported second-quarter results that missed analyst expectations and significantly lowered its full-year profit forecast, citing operational issues in Europe.
Coursera shares fell sharply despite a second-quarter earnings beat, as investors reacted to a decline in underlying revenue and a significant investment in a startup founded by the company's chairman.
