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Shares of construction equipment company Astec (NASDAQ:ASTE) jumped 18.4% in the afternoon session after the company reported strong fourth-quarter 2024 results, with EPS and EBITDA significantly surpassing analysts' expectations. However, revenue fell well short of estimates, as weakness in the Materials Solutions segment offset strong growth in Infrastructure Solutions​. Looking ahead, backlog declined 26.4% year-on-year, indicating potential challenges in sustaining recent growth. Overall, th

Shares of aircraft leasing company FTAI Aviation (NASDAQ:FTAI) jumped 7.8% in the afternoon session after the company announced its Strategic Capital Initiative (SCI), initially announced late 2024, locked in a $2.5 billion asset-level debt financing deal. The funding comes from ATLAS SP Partners, backed by Apollo funds, along with Deutsche Bank AG's New York branch. With this financing, SCI plans to invest over $4 billion in on-lease 737NG and A320ceo aircraft. The market is excited about the c

U.S. equities were higher at midday, lifted by tech shares ahead of today's much-anticipated earnings report from Nvidia.

Bank of America and BlackRock are scrapping mentions of diversity from their annual reports as scrutiny of DEI policies intensifies across Wall Street.

Advance Auto Parts shares fell sharply Wednesday after the retailer's lackluster current-quarter sales projections outweighed solid fourth-quarter results.

Looking for the best money market account interest rates available today? Here’s a look at where to find the highest rates and whether now is a good time to open a money market account.

TJX Companies stock rose on Wednesday, approaching record levels after the retailer reported better-then-expected results that offset a disappointing outlook.

(Bloomberg) -- It’s no secret that President Donald Trump wants to dismantle the global economic order. Less clear is what he’ll try to build in its place — and Wall Street has turned to Stephen Miran for clues.Most Read from BloombergThe Trump Administration Takes Aim at Transportation ResearchShelters Await Billions in Federal Money for Homelessness ProvidersNYC’s Congestion Pricing Pulls In $48.6 Million in First MonthNew York’s Congestion Pricing Plan Faces Another Legal ShowdownNYC to Shut

Lucid Group CEO Peter Rawlinson unexpectedly resigned after leading the EV maker for 12 years.

(Bloomberg) -- The monolithic dominance of Big Tech made life miserable for stock pickers in recent years. With the group reaching a double-digit drop from its peak, opportunities to uncover the next market vanguards have arisen, according to Morgan Stanley’s Lisa Shalett.Most Read from BloombergThe Trump Administration Takes Aim at Transportation ResearchShelters Await Billions in Federal Money for Homelessness ProvidersNYC’s Congestion Pricing Pulls In $48.6 Million in First MonthNew York’s Co