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Donnelley Financial Solutions (DFIN) saw its shares climb 12% on Tuesday after the regulatory software provider snapped a multi-quarter losing streak with fourth-quarter revenue and earnings that significantly outpaced Wall Street estimates.
Crude oil and refined product futures slid on Tuesday following reports that high-level negotiations between the U.S. and Iran have established a framework for a potential nuclear deal. The prospect of easing geopolitical tensions in the Middle East, combined with looming production decisions from OPEC+, weighed on benchmarks during midday trading.
Ericsson and Microsoft announced a partnership on Tuesday to integrate AI-driven 5G capabilities into Windows 11, streamlining how enterprise laptops connect to cellular networks. By merging Microsoft’s device management tools with Ericsson’s Enterprise 5G Connect platform, the collaboration aims to automate network switching and optimize connectivity for corporate fleets.
JFB Construction shares cratered Tuesday after the Florida-based firm announced a $1.5 billion all-stock merger with Israeli drone manufacturer Xtend. The deal, expected to close by mid-2026, will pivot the construction company toward the defense sector under the new name Xtend AI Robotics.
Canaccord Genuity Group Inc. shares climbed Tuesday after the financial services firm reported third-quarter earnings and revenue that significantly outpaced analyst expectations. Driven by a resurgence in Australian metals and mining activity and record-high gold prices, the company’s profit more than doubled year-over-year, signaling a robust recovery in global capital markets.
Gemini Space Station announced the immediate departure of three top executives on Tuesday, including its finance and operations chiefs, less than two weeks after slashing a quarter of its workforce. The leadership shakeup at the Winklevoss-founded crypto exchange arrives as the firm projects a wider-than-expected $267 million adjusted loss for fiscal 2025, signaling a period of intense contraction for the embattled platform.
Toronto stocks retreated Tuesday as investors weighed cooling inflation data against a sell-off in materials, even as Canaccord Genuity Group notched significant gains on the back of a mining-led profit surge.
Institutional investors are rapidly souring on U.S. equities, shifting capital toward Europe as concerns mount over the unsustainable capital expenditures of Silicon Valley’s tech giants. According to the latest Bank of America survey, the net proportion of fund managers bearish on Wall Street surged to 22% in February, a sharp climb from just 3% the previous month.
Palo Alto Networks is expected to report a surge in fiscal second-quarter profit on Tuesday, with analysts forecasting earnings of $343.8 million as the cybersecurity leader doubles down on its strategy to consolidate the market. Despite a recent slump in software valuations, the company is betting on a high-stakes "platformization" model to integrate new AI-driven capabilities and secure its dominance.
Agricultural commodity markets are bracing for a high-impact week as U.S. investors return from the holiday break to a slate of critical economic data and the highly anticipated USDA Outlook Forum.
SunCoke Energy shares tumbled 9% after the raw materials supplier reported a significant fourth-quarter loss and a decline in revenue, driven by pricing pressures and a notable contract breach in its domestic segment.
Seanergy Maritime shares jumped 10% on Tuesday after the dry bulk shipping company reported fourth-quarter adjusted earnings and revenue that significantly outpaced Wall Street projections.
Shares of Sonoco Products rallied Tuesday after the packaging solutions provider reported a substantial fourth-quarter profit and unveiled an aggressive multi-year growth plan that exceeded Wall Street expectations.
Uber Technologies and Life360 have announced an expanded partnership that will allow users to link their accounts, streamlining how parents and teens coordinate rides. The integration, set to launch later this year, aims to provide real-time updates and enhanced visibility for families using the ride-hailing platform.
NeoVolta stock dropped 12% to $3.28 after the energy technology firm reported a second-quarter loss that ballooned to $5.5 million, even as revenue saw a fourfold increase. While the company successfully scaled its distribution footprint, the bottom line was weighed down by significant stock-based compensation and non-operating charges.
Shares of major consumer food companies plummeted after General Mills lowered its fiscal-year projections, citing a sharp decline in consumer sentiment that is stifling sales volumes. Speaking at the Consumer Analyst Group of New York conference, CEO Jeff Harmening warned that persistent inflation and reduced government benefits are forcing middle- and lower-income households to drastically pull back on spending.
Polaryx Therapeutics shares surged 66% to $4.01 after the biotechnology firm appointed a contract research organization to lead a Phase 2 clinical trial for its lead candidate, PLX-200. The study will evaluate the drug’s safety and efficacy across four distinct lysosomal storage disorders.
Sherritt International shares tumbled on Tuesday after the Canadian miner announced a suspension of operations at its Moa joint venture in Cuba, citing a nationwide fuel crisis that has disrupted industrial supply chains across the island.
Knife River shares jumped 12% on Tuesday morning after the construction materials provider reported fourth-quarter earnings and a long-term revenue forecast that cleared Wall Street expectations. The company posted a net profit of $32 million, fueled by double-digit revenue growth across its core materials and contracting divisions.
Orion S.A. stock plummeted 18% on Tuesday after the carbon black supplier reported a significant fourth-quarter loss and issued a 2026 outlook that trailed Wall Street projections. Despite beating revenue estimates, the company’s widening adjusted loss triggered a sharp sell-off, extending a year-long decline for the industrial materials firm.
U.S. soybean export inspections climbed past year-ago levels during the week ending Feb. 12, bolstered by strong demand from China, while corn and wheat shipments showed signs of cooling.
Herc Holdings shares tumbled on Tuesday after the equipment rental giant reported fourth-quarter revenue that fell short of Wall Street estimates, overshadowing a successful swing to profitability.
Valero Energy issued a notification on Tuesday regarding potential flaring at its Houston refinery as the facility begins a period of maintenance work. The alert, disseminated through the East Harris County Community Awareness Emergency Response system, serves as a standard precautionary measure for residents near the industrial corridor.
Trilogy Metals shares dropped 14% after the Alaska-focused explorer reported a significantly widened net loss for 2025, driven primarily by non-cash accounting adjustments related to a strategic U.S. government investment.
American Express Global Business Travel (GBT) shares climbed Tuesday after the company swung to a fourth-quarter profit that significantly outperformed Wall Street expectations. The travel management leader reported robust revenue growth and doubled its share repurchase program to $600 million, reflecting executive optimism regarding its AI-driven strategy and market position.
eToro Group shares rallied on Tuesday after the social trading platform posted fourth-quarter adjusted earnings that surpassed Wall Street estimates. Despite a significant contraction in cryptocurrency-related revenue, the company’s bottom line benefited from a profit increase and a newly expanded $100 million share-buyback program.
Health Canada has granted regulatory approval for Merck’s subcutaneous formulation of its blockbuster immunotherapy, Keytruda, providing a faster alternative to traditional intravenous infusions. The decision follows clinical data demonstrating that the under-the-skin injection matches the efficacy and safety profile of the original IV treatment for specific lung cancer patients.
Lufax Holding Ltd. shares jumped on Tuesday after the company named Co-Chief Executive Xiang Ji as its next CEO, effective April 1. The leadership transition follows the decision by current chief Yong Suk Cho to step down after his contract expires at the end of March.
Itron shares jumped double digits on Tuesday after the infrastructure technology company reported fourth-quarter financial results that topped Wall Street expectations across the board. The rally pushed the stock to $100.25, marking a significant recovery for a firm that had seen modest gains over the previous year.
Shares of Franklin Electric tumbled 13% on Tuesday after the pumping systems manufacturer issued a 2024 financial outlook and fourth-quarter results that failed to meet Wall Street expectations. The sell-off drove the stock to $95.19, marking a significant retreat as the company’s projected earnings fell well below analyst consensus.