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Business

Fortive Outperforms in Q4 on New Product Surge and Cost Discipline

Industrial technology firm Fortive (NYSE: FTV) posted fourth-quarter results that beat Wall Street forecasts, with revenue climbing 4.6% year-over-year to $1.12 billion. Adjusted earnings of $0.90 per share also surpassed analyst consensus by 7.4%, driven by strategic launches and operational efficiency.

Business

Blackstone's Q4: A Tale of Two Metrics as Analysts Probe Fee Pressure and AI Ambitions

Blackstone reported mixed fourth-quarter results, with revenue beating expectations but profits falling short. While strong capital inflows and performance in infrastructure and private equity drove growth, rising costs and a softer real estate fee environment squeezed earnings. The subsequent analyst call raised pointed questions on fundraising, fee structures, and the firm's positioning in the AI investment boom.

Business

CFTC Scraps Proposed Ban on Political and Sports Prediction Markets, Pledges New Regulatory Framework

In a major policy reversal, the U.S. Commodity Futures Trading Commission has formally withdrawn a contentious 2024 proposal that sought to outlaw event contracts tied to politics, sports, and conflict. Chairman Michael S. Selig dismissed the plan as a politically motivated overreach, signaling the agency's intent to regulate—not stifle—the fast-growing prediction market sector.

Business

Johnson Controls Kicks Off Fiscal 2026 with Record Orders, Raises Full-Year Outlook on Data Center and Life Sciences Surge

Johnson Controls International (JCI) reported a robust first quarter, exceeding expectations and raising its full-year earnings guidance. The company cited record order growth, particularly in data center and life sciences segments, alongside significant margin expansion. Executives highlighted a record $18 billion backlog but noted timing challenges for near-term revenue conversion.