HPE Selects ServiceNow for Cloud & AI Support Services
Hewlett Packard Enterprise (HPE) has entered a five-year agreement to utilize the ServiceNow AI Platform as the foundation for its Cloud & AI business support services.
News desk
Company, ETF, earnings and equity-market headlines.
Latest Coverage
93 current source-attributed references.
Hewlett Packard Enterprise (HPE) has entered a five-year agreement to utilize the ServiceNow AI Platform as the foundation for its Cloud & AI business support services.
Marvell Technology is reportedly in advanced negotiations to acquire optical networking company Lumentum Holdings.
Marathon Petroleum Corporation's board of directors has declared a quarterly dividend of $1.10 per share, representing a 10% increase from the previous $1.00 per share.
The FDA's Office of Prescription Drug Promotion determined that a submitted video for Amgen's VECTIBIX injection was false or misleading.
V Ten Metals Corp. reported progress on its Tanami Property exploration joint venture, which includes a farm-in agreement with a subsidiary of Newmont Corporation.
Dell Technologies has launched new AI-powered PCs and expanded its cybersecurity and resilience services designed for AI-integrated enterprise environments.
Multiple law firms have announced investigations into The Boeing Company following the company's Q3 2026 earnings report and subsequent stock price decline.
Salesforce is integrating human-handoff capabilities into its AI service products to comply with California's upcoming AB 1609 "Right to Human Customer Service Act."
Analog Devices has integrated the ChipAgents AI-native engineering platform into its development workflows to accelerate chip and IP design and verification.
The U.S. Federal Trade Commission has issued orders to Uber and several other companies to provide information on their use of personalized pricing and wage-setting strategies.
NVIDIA has scheduled its conference call to discuss financial results for the third quarter of fiscal year 2027 for November 17, 2026.
CrowdStrike published its 2026 Legal Threat Landscape Report, highlighting a significant rise in malicious activity targeting the legal sector.
Following strong fiscal fourth-quarter results, Visa's board of directors approved a 16% increase to the quarterly cash dividend and authorized a new $5 billion share repurchase program.
Amazon is significantly expanding its 'Shop Direct' initiative, increasing the number of product listings from external brands to encourage customers to complete purchases directly on its platform.
U.S. stock markets gained modestly on October 28 as the Federal Reserve held interest rates steady. The S&P 500 rose 0.28%, Nasdaq Composite gained 0.27%, and Dow Jones added 0.19%. Energy stocks led gains while real estate and utilities declined. Major movers included Vertiv Holdings (up 17% on AI infrastructure demand), Oracle (up 11% after investor day), and Wingstop (up on earnings beat), while F5 Inc. plummeted over 20% on guidance concerns. After-hours, Microsoft beat earnings expectations while Alphabet missed revenue forecasts, raising questions about AI spending sustainability.
Nvidia and Micron have benefited significantly from the AI infrastructure spending boom, with record revenues driven by demand for AI chips and memory. However, both stocks face substantial downside risk if tech giants reduce their AI investments. Nvidia's growth is heavily dependent on continued data center spending, while Micron operates in a cyclical memory business vulnerable to supply-demand imbalances. If AI spending slows, Nvidia appears better positioned to weather the downturn.
Bridgewater Bancshares reported record Q3 2026 revenue with widening margins by shifting toward higher-yielding loans funded through core deposits. The bank expanded variable-rate loans to 26% of its portfolio to protect against rate fluctuations, grew core deposits 20% annualized, and increased affordable housing lending which carries higher yields and deposit relationships.
CoreWeave (CRWV) surged 7.32% to $63.93 after bringing its Denmark AI data center capacity online, addressing supply constraints for AI infrastructure. However, the company faces significant debt challenges with over $35 billion accumulated debt and some unsecured debt yielding over 15%, raising concerns about future funding capabilities despite strong $104 billion backlog and $25 billion in new Q3 commitments.
Weatherford reported Q3 2026 sequential revenue growth of 3% to $1.14 billion despite Middle East headwinds. The company is retiring $236 million in high-yield debt to reduce interest expenses, expanding operations in Venezuela with potential for triple-digit million revenues in 2027, and acquiring NCS Multistage to enhance offshore completions capabilities. Management targets mid-20s EBITDA margins and 50% free cash flow conversion in coming years.
Kinross Gold Corporation announced a quarterly dividend of US$0.04 per common share for Q3 2026, payable December 3, 2026. The company reported being on track for updated guidance, with grade enhancement projects advancing and first gold poured at Redbird. Kinross increased capital returns to 50% and repurchased 5% of shares since April 2025.
Fort Technology Inc. (Nasdaq: FRTT, TSXV: FORT) announced on October 13, 2026, that it received a notification from Nasdaq indicating non-compliance with the minimum bid price requirement of $1.00 per share. The company has been granted a 180-calendar day compliance period until April 12, 2027, to regain compliance. The stock will continue trading on both Nasdaq and TSX Venture Exchange. Fort intends to monitor its closing bid price and consider available options to meet the requirement.
NVIDIA will host a conference call on November 17, 2026, to discuss third quarter fiscal year 2027 financial results. The company announced expansions of its partnerships with Oracle on cloud infrastructure solutions and with Meta on AI models, reflecting strong demand for AI computing and agents.
Parker Hannifin Corporation announced a regular quarterly cash dividend of $2.00 per share, payable December 4, 2026. This marks the company's 306th consecutive quarterly dividend and 70th consecutive fiscal year of dividend increases, placing it among the top five longest-running dividend-increase records in the S&P 500 Index.
BankUnited reported Q3 2026 net income of $72 million with net interest margin expansion ahead of schedule to 316 basis points. The bank prioritizes pricing discipline and profitability over loan volume growth, repurchased 2.1 million shares for $97 million during market weakness, and expects continued modest margin expansion in Q4 as it expands commercial lending in growth markets like Texas.
The global battery warranty analytics market is projected to grow from $0.99 billion in 2025 to $2.01 billion by 2030, with a CAGR of 15.3%. Growth is driven by expanding EV adoption, AI-based predictive analytics, cloud-based monitoring solutions, and digital twin technologies. Key players include Siemens, IBM, SAP, TWAICE, and ACCURE, with innovations like ACCURE's Warranty Tracker improving warranty compliance and cost control in energy storage operations.
A class action lawsuit has been filed against FuelCell Energy, Inc. for allegedly making false and misleading statements regarding its manufacturing capacity, production rates under a capital equipment purchase agreement with Fit Energy, and resulting higher costs. Investors who purchased FCEL securities between June 24, 2026 and September 1, 2026 have until November 10, 2026 to apply as lead plaintiff.
SK Hynix surged 13.30% on October 28, 2026, following record Q3 results with a sevenfold jump in operating profit and an 80% operating margin. The memory chipmaker's strong performance was driven by robust AI-memory demand, with DRAM and HBM production effectively sold out through 2029. Peers Micron Technology and SanDisk also rallied on the positive sentiment around AI-memory demand.
Law firm Kirby McInerney LLP is investigating potential securities law violations by NVE Corporation following a significant earnings miss on October 21, 2026. The company reported a 47% revenue decline and 51% EPS decrease quarter-over-quarter, citing inventory adjustments and a 95% drop in defense sales. NVE shares fell 33.7% from $103.07 to $68.36 following the announcement. The firm is encouraging investors who purchased NVE securities to contact them regarding potential claims.
Hims & Hers Health faces a securities class action lawsuit following an FTC complaint alleging deceptive health data sharing with third-party advertising platforms and ROSCA violations related to subscription billing practices. The company's stock plunged 14.7% on July 29, 2026, erasing over $970 million in market value. Investors with substantial losses are urged to submit claims before the November 2, 2026 deadline.
Silicon Motion reported strong Q3 2026 results with net sales of $560.2 million, up 24% Q/Q and 131% Y/Y. The company is transitioning from consumer-focused NAND flash controllers to a diversified leader serving AI infrastructure and edge markets. Key growth drivers include Ferri products for automotive and edge AI, enterprise boot drive solutions, and new MonTitan enterprise and AI controllers. Management expects record annual 2026 revenue with over 100% growth and projects Q4 2026 revenue of $588-616 million. The company also increased its annual dividend by 15% to $2.30 per ADS.
Hippo and Greenlight Re Innovations have entered a strategic partnership to connect investment opportunities in emerging managing general agents (MGAs) with carrier and reinsurance support.
Euronet Worldwide's price target was adjusted to $84.00 from $94.00 by an analyst firm on October 28, 2026.
Benchmark Electronics, Inc. reported third-quarter 2026 revenue of $810.9 million, exceeding analyst expectations with 19.1% year-over-year growth.
An analyst has increased the price target for Acadian Asset Management Inc. to $97.00 per share.
DA Davidson has increased its price target for Northwest Bancshares, Inc. from $15.00 to $16.00 per share.
Researchers at Emory University identified a 10-protein blood signature that distinguishes ALS patients from healthy controls with 98.3% accuracy using Alamar Biosciences' NULISA technology.
NeoGenomics, Inc. announced its financial results for the third quarter ended September 30, 2026.
Green Brick Partners, Inc. reported third-quarter revenue of $437.0 million, missing the FactSet consensus estimate of $464.5 million.
JPMorgan has maintained its neutral rating on Algonquin Power & Utilities Corp. while adjusting its price target to 9 CAD.
Q2 Holdings, Inc. has updated its full-year 2026 revenue guidance to a range of $888 million to $892 million, exceeding the FactSet estimate of $885 million.
Broadstone Net Lease, Inc. reported its third-quarter 2026 financial results, including revenue of $121.9 million and adjusted FFO of $0.39 per share.
Immutep Limited announced the receipt of a €1.36 million (approximately A$2.16 million) cash payment from the French Government under the Crédit d'Impôt Recherche (CIR) program for 2025 R&D activities.
Bausch Health reported strong third-quarter 2026 financial results, including a 10% increase in consolidated revenues and an increase in adjusted earnings per share, leading the company to raise its financial guidance.
Goldman Sachs has lowered its price target for CoStar Group, Inc. from $40 to $36.
Merchants Bancorp announced its third-quarter 2026 financial results, reporting net income of $105.2 million and diluted earnings per share of $2.06, exceeding analyst expectations.
Cohu, Inc. announced its fiscal 2026 third quarter financial results, reporting net sales of $173.0 million and GAAP income of $12.1 million.
Four Corners Property Trust, Inc. announced its financial and operating results for the third quarter ended September 30, 2026, reporting $83.7 million in revenue and $0.46 per share in AFFO.
Q2 Holdings, Inc. reported third-quarter revenue of $225.8 million, exceeding the FactSet consensus estimate of $221.2 million.
Q2 Holdings, Inc. has provided its revenue guidance for the fourth quarter, projecting a range between $226.0 million and $230.0 million.
RBC analysts highlighted potential headwinds for Brown & Brown's fourth-quarter performance, citing a deceleration in acquired revenue.
Analytics provider Amplitude, Inc. experienced a security incident that resulted in the exposure of a subset of customer contact data for some of its clients, including Coinbase.
Chesapeake Utilities Corporation has scheduled its third quarter 2026 earnings conference call and webcast for November 6, 2026.
Liberty Global Ltd. announced it will participate in the upcoming Morgan Stanley European Technology, Media & Telecom Conference.
Pitney Bowes Inc. reported its third-quarter 2026 financial results, featuring an adjusted earnings per share of $0.42 and quarterly revenue of $456.2 million.
Amneal Pharmaceuticals is expanding its production capacity for estradiol patches to address significant demand following the removal of an FDA warning.
Bel Fuse Inc. announced its preliminary financial results for the third quarter of 2026, reporting net sales of $220.5 million and providing guidance for the fourth quarter.
The Competition Bureau has reported that the proposed joint venture between Air Canada and United Airlines would likely harm competition on 10 cross-border routes.
Barclays has lowered its price target for Travel + Leisure Co. shares from $77.00 to $72.00.
UFP Industries, Inc. reported its financial results for the third quarter of 2026, showing revenue growth despite a decline in net earnings compared to the previous year.
Glaukos Corporation issued updated full-year 2026 net sales guidance, projecting a range of $775 million to $785 million, surpassing analyst expectations.
Universal Display Corporation announced its third-quarter 2026 financial results, reporting revenue of $160.4 million.
Radian Group Inc. has officially appointed Dan Kobell as its Chief Financial Officer, following his tenure as interim CFO since February 2026.
The Baldwin Insurance Group announced that its total revenue reached $480.3 million for the third quarter of 2026.
Needham has lowered its price target for Ultra Clean Holdings, Inc. from $125.00 to $80.00 per share.
Provident Financial Services, Inc. announced its financial results for the third quarter ended September 30, 2026, reporting net income of $69.2 million.
Precigen, Inc. announced it will release its financial results for the third quarter of 2026 and provide business updates on November 4, 2026.
PriceSmart, Inc. released its financial results for the fourth quarter of fiscal year 2026 and announced the opening of its third warehouse club location in Jamaica.
Meritage Homes Corporation reported its third-quarter 2026 financial results, showing declines in revenue and earnings compared to the same period in 2025.
Nextpower Inc. reported Q2 revenue of $1.11 billion and adjusted EPS of $1.31, both exceeding analyst estimates, while providing an updated fiscal 2027 outlook.
Bausch Health has authorized a new share repurchase program to buy back up to $50 million of its common shares to offset potential dilution from employee equity compensation.
Bausch Health plans to redeem approximately $643 million of its outstanding 8.500% senior notes due in 2027 using cash on hand.
The company reported Q3 2026 net sales of $1.14 billion and adjusted EPS of $0.66, while raising its full-year 2026 financial outlook.
Evercore ISI has revised its price target for Agilent Technologies, lowering it from $178 to $172.
Jefferies has revised its price target for HCA Healthcare, increasing it from $500 to $525.
Jefferies has revised its price target for Boeing, lowering it from $265 to $230.
TowneBank announced its financial results for the third quarter ended September 30, 2026, reporting net income of $81.78 million and core earnings of $83.85 million.
The Brink's Company reported its third-quarter 2026 financial results, showing service margin improvements while lowering its full-year revenue, profit, and cash flow targets.
Viatris reported a significant surge in demand for its estradiol patches and creams and detailed steps taken to increase production capacity.
Glaukos Corporation announced its third-quarter 2026 financial results, reporting revenue of $211.0 million, which exceeded the FactSet consensus estimate of $168.0 million.
Alamos Gold Inc. released its financial results for the third quarter of 2026, reporting revenue of $510.4 million and adjusted earnings per share of $0.44.
Kymera Therapeutics, Inc. announced it will report Phase 1 clinical trial results for its oral IRF5 degrader, KT-579, on October 29, 2026, in conjunction with its third-quarter 2026 financial results.
The U.S. Federal Trade Commission is seeking information from Instacart and several other companies regarding their personalized pricing and wage-setting strategies.
The Board of Directors of California Water Service Group has declared a quarterly cash dividend of $0.3350 per common share.
Viking Therapeutics announced its financial results for the third quarter and nine months ended September 30, 2026, alongside updates on its clinical pipeline.
ABM Industries announced the retirement of COO Rene Jacobsen and the appointment of Richard Sykes and Mark Hawkinson to newly created leadership roles, effective November 1, 2026.
Daniel E. Brown, President and CEO of Expand Energy Corp, filed an initial beneficial ownership statement on October 28, 2026.
Dave & Buster's has reportedly engaged Moelis & Company to assist in managing its $1.5 billion debt load.
S&P Dow Jones Indices announced that Huron Consulting Group Inc. will join the S&P SmallCap 600 index on November 3, 2026, revising the previously scheduled date of November 2.
Mechanics Bancorp released its financial results for the third quarter of 2026, reporting revenue of $161.5 million and earnings per share of $0.20.
Impinj, Inc. reported third-quarter 2026 financial results, exceeding analyst estimates for both revenue and adjusted earnings per share, while providing guidance for the fourth quarter.
The St. Joe Company announced its financial results for the third quarter of 2026, reporting revenue of $156.2 million and earnings per share of $0.65.
Boot Barn reported its second quarter fiscal year 2027 financial results and announced an additional $400 million authorization for its share repurchase program.
MYR Group Inc. announced record financial results for the third quarter of 2026, including $1.26 billion in revenue and $60.0 million in net income.