Bloomberg Markets
Two of the world’s largest technology companies swiftly raised C$22.5 billion ($15.8 billion) in the Canadian debt market to support their spending plans on artificial intelligence. Investors are now eagerly awaiting another one.
Yahoo Finance
Yahoo Finance
MarketWatch
Shares of fast-food chain Wendy’s rallied 25% at Wednesday’s open.
Bloomberg Markets
Famed value investor Seth Klarman offered a surprising answer at a conference this month when asked where he’s seeing opportunities in the world of distressed assets.
MarketWatch
J.P. Morgan strategists lifted their year-end S&P 500 forecast, saying they had been much too cautious around “unpredented” expectations for earnings growth.
Yahoo Finance
Bloomberg Markets
On this episode of Stock Movers with Alexis Christoforous:
- Cerebras (CBRS) shares are lower after the company gave an annual sales forecast that disappointed investors. Revenue in 2026 will be $855 million to $865 million, Cerebras said, while analysts projected $824.8 million.
- FedEx (FDX) is dipping after it reported profit that beat Wall Street’s expectations as the courier navigated tumultuous trade policies and rising costs. The company's profit margin for the past quarter declined to 8
Yahoo Finance
Bloomberg Markets
Gargi Chaudhuri, BlackRock's chief investment and portfolio strategist, Americas, says there are "tremendous" opportunities in the front-end and belly of the yield curve on "Bloomberg Open Interest." (Source: Bloomberg)