The Progressive Corp. (NYSE:PGR) reported second-quarter 2026 results on Wednesday, with adjusted earnings beating Wall Street estimates while revenue narrowly missed expectations. Shares fell about 8% after investors weighed a sharp decline in June profit and signs of margin pressure.…
For years, private equity firms chased software companies, technology platforms and consumer brands in search of outsized growth. Now, investors are turning toward a less glamorous but increasingly critical corner of the economy: the businesses building the physical infrastructure behind…
3M Company (NYSE:MMM) shares are trading higher on Wednesday as the company announced a strategic partnership with Microsoft Corp. (NASDAQ:MSFT) to enhance AI data center infrastructure. • 3M shares are advancing steadily. What’s driving MMM shares up? 3M and Microsoft Partner…
Q32 Bio Inc. (NASDAQ:QTTB) stock traded lower after the company priced a public offering expected to raise about $200 million in gross proceeds. Q32 Bio Prices $200M Offering The company will sell 6,027,399 common shares at $18.25 each and pre-funded…
Redwire Corporation (NYSE:RDW) shares were volatile on Wednesday, up in the premarket session and then down later despite the company announcing $21.5 million in follow-on defense purchase orders. The second-quarter awards support the Portfolio Acquisition Executive Robotic Autonomous Systems Aircraft…
Cintas Corp. (NASDAQ:CTAS) reported fiscal fourth-quarter 2026 results on Wednesday that topped Wall Street estimates, driven by broad-based revenue growth and record margins. Shares rose following the release. Revenue increased 8.9% year over year to $2.91 billion, beating the analyst…
Morgan Stanley (NYSE:MS) on Wednesday reported second-quarter 2026 results that topped Wall Street estimates, driven by record performance in its Institutional Securities business, robust equity trading and a rebound in investment banking activity. The results came as Wall Street’s biggest…
JPMorgan Chase & Co (NYSE:JPM) shares rallied in early trading on Wednesday, after the release of fiscal second-quarter results. The company continued to deliver best-in-class results, driven by strength in the equity capital markets, according to RBC Capital Markets. • JPMorgan…
Apple Inc. (NASDAQ:AAPL) stock climbed nearly 4% on Wednesday after China approved the company’s Apple Intelligence service for use in the country, removing a key regulatory hurdle. The gain also pushed the stock to a fresh 52-week high despite weakness…
The U.S. has spent years trying to choke off China’s access to advanced chipmaking technology. Yet one number from ASML Holding N.V.’s (NASDAQ:ASML) latest earnings call suggests the world’s biggest semiconductor equipment maker is still doing plenty of business there.…