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Small-cap stocks fell further into correction territory on Monday as equities continued to stumble amid heightened economic uncertainty.

U.S. equities were mixed at midday, with early gains tempered by falling tech shares.

In response, Microsoft told BI it "may strategically pace or adjust our infrastructure in some areas" and would "continue to grow strongly."

Bridge Investment Group Holdings shares took off Monday as the real-estate investment firm agreed to be purchased by Apollo Global Management for $1.5 billion.

Money market account interest rates today are well above historical norms. Find out where to get the best MMA rates.

Sales of Owens Corning's legacy products slumped in the fourth quarter and the company warned of business headwinds ahead.

Summit Therapeutics shares are dropping Monday morning as it reported a fourth-quarter adjusted loss nearly double that of the prior year. It also announced a collaboration with Pfizer.

Alibaba upgraded, Rivian downgraded: Wall Street's top analyst calls

Hedge funds exited U.S. tech and media stocks in the two weeks to February 21 at the fastest pace in six months, according to Goldman Sachs, just as Nvidia, one of the biggest tech firms by market capitalisation, readies to report earnings. Nvidia's profit report this week is seen as a bellwether of the burgeoning artificial intelligence (AI) industry. Speculators "aggressively" dumped both long and short positions in AI-related equipment, media, and communications equipment companies, according to a note sent to Goldman Sachs clients on Friday.

Education company Lincoln Educational (NASDAQ:LINC) announced better-than-expected revenue in Q4 CY2024, with sales up 16.4% year on year to $119.4 million. The company’s full-year revenue guidance of $485 million at the midpoint came in 3.4% above analysts’ estimates. Its GAAP profit of $0.22 per share was 5.7% below analysts’ consensus estimates.