Amid a sharp downturn in software shares, Wedbush analyst Dan Ives argues the selloff is overblown and presents a buying opportunity for key players like Microsoft and Palantir, despite lingering market fears over AI's disruptive impact.
Industrial components maker Kadant Inc. (KAI) has finalized a €157 million deal to acquire Austrian precision parts manufacturer voestalpine BÖHLER Profil, a key supplier for over three decades. While the acquisition strengthens Kadant's consumables-focused strategy and secures critical patented technology, executives caution that accounting complexities and existing inventory will dilute earnings through much of 2026 before margin benefits materialize.
Cardano's ADA token has fallen out of the cryptocurrency top 10, displaced by Bitcoin Cash, following a month of significant price declines. The shift coincides with founder Charles Hoskinson announcing a substantial upgrade to the network's AI bot, Logan, integrating 32 new ecosystem tools.
Identity management leader Okta surpasses analyst expectations with strong forward guidance and reports early success in its AI agent business. However, the market's muted response highlights persistent concerns over its valuation and long-term growth trajectory amidst a challenging share price history.
Danone shares have experienced significant swings, gaining over 8% in a week but remaining down for the quarter. Analysts see a potential valuation gap, but premium multiples and execution risks cloud the picture.
The U.S. Department of Justice has imposed significant divestiture requirements on the proposed $126 million merger between industry giants Reddy Ice and Arctic Glacier, aiming to prevent a regional monopoly and protect consumer prices.
A Médecins Sans Frontières hospital serving over 200,000 people in South Sudan's conflict-ridden Jonglei state was hit by an airstrike, destroying critical supplies. The charity suggests only government forces have aerial attack capability, as renewed violence displaces thousands and threatens a fragile peace.
Wedbush Securities raises its price target on Willdan Group (WLDN) to $145, citing a robust pipeline of projects driven by infrastructure spending and energy efficiency mandates. The firm's recent acquisition is seen as a strategic move to expand its municipal advisory footprint.
Private equity firm MiddleGround Capital has acquired Pi Innovo, a specialist in open-platform electronic control systems, from automotive supplier Dana Incorporated. The move aims to merge Pi Innovo's expertise with MiddleGround's existing portfolio company, New Eagle, creating a stronger integrated player in control software for electric and specialized vehicles across multiple industries.
Performance Food Group (NYSE: PFGC) reported fourth-quarter revenue in line with analyst forecasts, yet shares fell sharply as profit missed estimates and forward guidance underwhelmed, raising questions about growth momentum in the competitive food distribution sector.
After a two-year succession saga, Disney's board has chosen theme parks veteran Josh D’Amaro as its next CEO, while Dana Walden ascends to a powerful new creative role. The decision aims to balance operational expertise with Hollywood relationships as the entertainment giant navigates a complex future.
AMD's fourth-quarter earnings surpassed expectations, fueled by a surge in data center and AI product demand. While strong guidance signals confidence, the company navigates headwinds in PC markets and geopolitical uncertainties.
A new humanitarian fund for Sudan, seeded with $700 million from the U.S. and UAE, aims to address a catastrophic war that has displaced millions and pushed regions into famine. International officials warn time is running out to prevent further mass suffering.
While Danaher met Q4 revenue targets on bioprocessing and diagnostics strength, analyst questions during the earnings call revealed deeper concerns about research funding softness and the sustainability of growth drivers in a challenging macro environment.
As the Kennedy Center faces a two-year closure, internal documents reveal senior executives aligned with the Trump administration charged thousands in luxury dining and hotel stays. Meanwhile, lobbying hits record levels and Epstein case connections draw fresh scrutiny.
Teradyne closes 2025 with a powerful Q4, shattering guidance as AI-related demand now accounts for over 60% of revenue. The test equipment leader forecasts another record in early 2026 and unveils a long-term financial model predicated on a rapidly expanding market.
Benchmark Electronics (NYSE:BHE) delivered a robust fourth-quarter performance for 2025, with revenue and earnings surpassing analyst forecasts. The electronics manufacturing services provider also issued forward guidance that exceeded expectations, signaling potential momentum despite a challenging macro environment for industrial tech.
A class-action lawsuit alleges Costco misled consumers by advertising its popular rotisserie chicken as preservative-free while it contained shelf-life-extending additives, prompting the retailer to remove the claims.
The Walt Disney Company has unveiled its long-awaited succession plan, appointing Josh D'Amaro as Chief Executive Officer and Dana Walden as President and Chief Creative Officer, effective March 18.
The Walt Disney Company has named Josh D’Amaro as its next Chief Executive Officer and Dana Walden as President and Chief Creative Officer, finalizing a long-awaited succession plan. The moves, effective March 18, position two seasoned insiders to lead the media giant into its next chapter as Bob Iger transitions to a senior advisory role.
