Market Quotes

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Nebius Acquires Tavily to Power Autonomous AI Agents

Amsterdam-based AI cloud provider Nebius announced on Tuesday its acquisition of Tavily, a specialized search engine built for artificial intelligence agents. The deal aims to integrate Tavily’s real-time web navigation and fact-verification capabilities into the Nebius platform, enabling developers to build and deploy sophisticated autonomous systems.

Xylem Shares Slide as Restructuring Weighs on Annual Forecast

Xylem shares tumbled on Tuesday after the water technology provider issued a full-year outlook that trailed Wall Street estimates. Despite a solid performance in the recent quarter, the company’s aggressive focus on streamlining its portfolio and exiting low-margin markets is tempering near-term growth expectations.

Goodyear Shares Tumble 14% After Adjusted Earnings Miss Estimates

Goodyear Tire & Rubber shares plunged on Tuesday after the company reported fourth-quarter adjusted earnings that failed to meet analyst projections. Despite a modest beat on top-line revenue, the tire manufacturer's bottom line suffered from what leadership described as a non-linear recovery in a volatile industry landscape.

InterDigital Sues Hisense and TCL Over Video Patent Infringement

InterDigital has initiated a global legal offensive against Chinese electronics giants Hisense and TCL, alleging the unauthorized use of video compression and high-dynamic-range (HDR) technologies. The lawsuits, filed across multiple jurisdictions including Germany, Brazil, and India, target intellectual property held within InterDigital’s joint licensing program with Sony.

Williams Posts 4Q Profit Surge on Infrastructure Expansion

Williams reported a significant jump in fourth-quarter profit on Tuesday, driven by the successful rollout of pipeline transmission and offshore projects throughout 2025. While net income climbed to $733 million, the energy infrastructure giant narrowly missed analyst expectations for adjusted earnings as it prepares for a new phase of power innovation.

Smucker Streamlines Leadership, Cuts COO Role in Major Restructuring

The J.M. Smucker Co. is overhauling its executive suite, eliminating the position of chief operating officer and redistributing key responsibilities across its top leadership. Effective Feb. 9, the reorganization sees CEO Mark Smucker reclaim the title of president as the food giant pivots toward a more integrated management model and launches a search for its first AI-focused chief technology officer.

EssilorLuxottica Eyes €28B Sales Target Amid Meta Supply Woes

EssilorLuxottica is set to report its 2025 fiscal results this Wednesday, with investors looking to see if the group's blockbuster partnership with Meta can outpace persistent production bottlenecks. While the Franco-Italian eyewear giant is expected to post a significant revenue increase to over 28 billion euros, the spotlight remains on the logistical and legal friction surrounding its flagship AI-powered smartglasses.

Incyte Revenue Surges 28% on Strong Jakafi and Opzelura Demand

Incyte reported a significant jump in fourth-quarter profit as revenue soared to $1.51 billion, driven by robust demand for its flagship cancer treatment Jakafi and the skin-cream therapy Opzelura. While the biotechnology firm comfortably beat top-line expectations, adjusted earnings fell slightly short of Wall Street estimates.

General Atlantic to Take European Wax Center Private in $330M Deal

European Wax Center has entered a definitive agreement to be acquired by its largest shareholder, General Atlantic, in an all-cash transaction valued at approximately $330 million. The deal marks a strategic exit from the public markets for the waxing services giant as it seeks stability following a volatile year on the Nasdaq.

Amentum Shares Tumble as Revenue Miss Overshadows Earnings Beat

Shares of Amentum Holdings slid nearly 10% in premarket trading Tuesday after the government services contractor reported a sharper-than-expected revenue decline for its fiscal first quarter, offsetting an earnings beat driven by aggressive cost-cutting measures.

S&P Global Shares Tumble on Soft 2026 Outlook Despite Q4 Growth

S&P Global shares dropped nearly 9% in premarket trading after the financial intelligence firm issued long-term earnings guidance that trailed Wall Street estimates, overshadowing a solid fourth-quarter performance driven by its core ratings and indices businesses.

Fiserv Beats Estimates as Merchant Growth Offsets Banking Slump

Fiserv Inc. reported fourth-quarter results that surpassed Wall Street expectations on Tuesday, as a surge in retail payment processing countered a slowdown in its core banking technology business. While net income dipped compared to the previous year, the Milwaukee-based fintech giant posted $5.28 billion in revenue, signaling resilience despite cooling demand from traditional financial institutions.

Nektar Therapeutics Shares Surge on Positive Eczema Drug Trial Data

Nektar Therapeutics shares jumped 13% in premarket trading Tuesday after the biotechnology firm reported positive results from a mid-stage study of its atopic dermatitis treatment. The Phase 2b Rezolve-AD trial demonstrated that its novel biologic, rezpegaldesleukin, successfully maintained skin clearance in a majority of patients over a 36-week maintenance period.

Credo Technology Shares Surge on Upgraded Revenue Outlook

Credo Technology Group shares jumped 17% in pre-market trading Tuesday after the connectivity solutions provider significantly raised its third-quarter revenue guidance, signaling a massive acceleration in growth compared to previous estimates.

Mexico’s Auto Output Dips in January as Domestic Demand Climbs

Mexico’s automotive manufacturing sector saw a slight contraction in January, with production falling even as export volumes and domestic sales posted gains. Data released Tuesday by the national statistics institute, Inegi, showed total output for cars and light trucks reached 303,980 units, a decline from the 312,257 units recorded during the same period last year.

Uber Taps Baidu’s Apollo Go for Dubai Robotaxi Expansion

Uber has partnered with Baidu to integrate the Chinese tech giant’s Apollo Go autonomous ride-hailing service into its app in Dubai. The rollout marks the latest step in Uber's strategy to scale self-driving options through international collaborations rather than proprietary hardware development.

Ecolab Beats Fourth-Quarter Estimates on Strong Organic Sales Growth

Ecolab Inc. reported a significant jump in fourth-quarter profit on Tuesday, surpassing analyst expectations as the water and hygiene services provider benefited from steady revenue growth and organic sales expansion. The company posted a net income of $563.9 million, or $1.98 per share, up from $472.9 million during the same period last year.

Thule Shares Surge as Q4 Sales Outpace Market Expectations

Thule Group AB shares climbed 11.5% on Tuesday after the Swedish outdoor gear manufacturer reported fourth-quarter sales that exceeded analyst estimates. The Stockholm-listed company credited the successful integration of its Quad Lock acquisition and improved factory utilization for the year-end rally, despite persistent macroeconomic headwinds.

Saia Shares Slide as Quarterly Profit Misses Analyst Estimates

Georgia-based Saia Inc. saw its shares tumble in premarket trading Tuesday after the less-than-truckload carrier reported fourth-quarter earnings that trailed Wall Street expectations. Despite a marginal revenue uptick, the company struggled with declining shipping volumes and tonnage, contrasting with recent upbeat reports from industry peers.

IRadimed Hikes Quarterly Dividend by 18% as Yield Rises

IRadimed, the Orlando-based medical device manufacturer, announced an 18% increase to its quarterly cash dividend on Tuesday, raising the payout to $0.20 per share. The move reflects a growing return to shareholders as the company continues to leverage its position in the specialized medical equipment market.

Oscar Health Signals 2026 Profit Pivot Despite Widening Q4 Losses

Oscar Health reported a wider-than-expected fourth-quarter loss of $352.6 million as surging medical service utilization pressured margins, despite a 17% increase in revenue to $2.81 billion. While the insurer missed analyst estimates for the quarter, management is doubling down on a long-term recovery plan, targeting a return to operational profitability by 2026.

FDA Rejects Regenxbio Gene Therapy for Hunter Syndrome

Shares of Rockville-based Regenxbio tumbled in premarket trading Tuesday after the U.S. Food and Drug Administration (FDA) rejected its application for RGX-121, an experimental gene therapy targeting the rare and often terminal Hunter syndrome.

Carlyle Bets $232 Million on India’s Affordable Housing Sector

U.S. private equity giant Carlyle Group has agreed to acquire a 45% stake in Nido Home Finance for $232 million, marking a major expansion into India’s burgeoning affordable housing sector. The deal, structured through a mix of secondary purchases and primary capital infusion, underscores the growing global interest in the subcontinent's specialized financial services.

Oscar Health Q4 Loss Deepens as Medical Costs Surpass Estimates

Oscar Health reported a significantly wider fourth-quarter loss as soaring medical service utilization pushed its payout ratios well beyond Wall Street expectations. The health insurer, which primarily serves individuals and small businesses, struggled to contain costs even as revenue climbed 17% year-over-year.

Quest Diagnostics Hikes Dividend and Adds $1B to Buyback Program

Quest Diagnostics is accelerating its capital return strategy, announcing a 7.5% dividend increase and a $1 billion expansion to its share repurchase authorization. The Secaucus, N.J.-based provider of diagnostic services confirmed the move on Tuesday, signaling a robust commitment to returning value to its investors.

Duke Energy Beats Revenue Estimates as AI Power Demand Surges

Duke Energy reported a nearly 8% jump in fourth-quarter revenue, outperforming Wall Street expectations as the rapid expansion of artificial intelligence and advanced manufacturing drove higher electricity demand. The Charlotte-based utility operator posted total operating revenue of $7.94 billion, surpassing the $7.43 billion projected by analysts.

Maezawa Kyuso Posts ¥2.24 Billion Net Profit in Nine-Month Results

Maezawa Kyuso Industries Co. Ltd. recorded a parent net profit of ¥2.24 billion for the nine months ended December 31, 2024, supported by revenue of ¥24.12 billion. The Tokyo-listed manufacturer maintained its full-year dividend outlook as it navigates the final quarter of its fiscal year.