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Autodesk and Intuit Rally as Software Stocks Buck Tech Downturn
Autodesk and Intuit shares jumped this week, bucking a broader technology market downturn driven by geopolitical tensions.
Read the storyTrack every market live, and see why it moved.
Top storyCompany news
Autodesk and Intuit shares jumped this week, bucking a broader technology market downturn driven by geopolitical tensions.
Read the storyAsian stock markets traded mixed following a U.S. technology selloff triggered by reports of slowing annualized revenue at OpenAI.
Tata Consultancy Services posted a 15% profit increase to Rs 13,884 crore, driven by a surge in annualised AI revenue to over $3.1 billion.
Elon Musk questioned delays in launching Starlink in India, while regulators maintain all satellite operators must clear security checks.
Tryg A/S achieved a record insurance service result of DKK 2.45 billion in Q3 2026, driven by a lower combined ratio and stronger solvency margins.
Swedish property developer Atrium Ljungberg reported a drop in nine-month net profit to SEK 617 million amid lower property values and management income.
Tryg A/S reported a record insurance service result of DKK 2,454 million for Q3 2026 and boosted its dividend to DKK 2.15 per share.
Indian government bonds rose as falling oil prices and US yields eased inflation worries, ahead of a key government debt auction.
Rocket Lab shares rose overnight as ARK Investment Management highlighted the potential of the upcoming Neutron rocket amid a global launch shortage.
Meta Platforms has banned advertisements from TikTok parent ByteDance in the U.S. and six other countries to protect user engagement.
Space Exploration Technologies Corp has agreed to buy spectrum to compete with US mobile carriers, causing shares of major telecom giants to slip.
The South Korean won retreated from near its two-year high as elevated crude oil prices and hawkish Federal Reserve comments weighed on the currency.
Southwest Airlines is leaning toward Boeing 787 Dreamliners for potential long-haul international flights, though no final decision is made.
A financial disclosure shows Donald Trump purchased SpaceX bonds days before signing a major commercial space policy, raising ethics questions.
Quantisimo Corp. will merge with GigCapital8 to go public on the Nasdaq, creating a sovereign quantum platform valued at $666 million.
Quantisimo Corp. plans to list on the Nasdaq under ticker QSMO through a merger with SPAC GigCapital8, targeting a Q1 2027 close.