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Public Service Company of New Mexico, the state’s largest utility, and Blackstone Infrastructure, the company looking to purchase PNM, more than doubled the amount of rate credits they will provide to ratepayers if the deal closes. The proposed $11.5 billion merger between the state’s largest electric utility and a unit of one of the world’s largest private equity firms, Blackstone Inc., faced ...

Rivian Automotive (NASDAQ:RIVN) is entering what founder and CEO RJ Scaringe described as an “inflection point year,” as the electric-vehicle maker begins scaling its R2 midsize SUV and expands its software, autonomy and licensing initiatives. Speaking at a Morgan Stanley event, Scaringe said the R

According to CME FedWatch data, there is a 92.4% probability that the Fed will hike interest rates by 25 basis points from the current 3.50% to 3.75%.

The quiet deal that reveals where Meta’s AI cash is going

Eaton (ETN) trades about 15% below its 52-week high and has gained less than the S&P 500 over the past year. It is in the middle of what it calls a record-scale capacity build, and that cost lands before the revenue does. You can be paid now for agreeing to buy the shares much lower, and you keep the payment either way.

The ChatGPT maker has had preliminary investor discussions about a new raise. It is likely to go public next year.

Banks use the cash they collect from customers to make loans, and they earn the spread.

Larry Ellison strategically borrows against his shares in Oracle to cover his expenses while avoiding paying taxes. Here’s how many shares he’s pledged over the years.

Anthropic CEO Dario Amodei on Sunday expressed significant concerns over China’s role in the global AI landscape, while describing the country as the “toughest dilemma” in his proposal to decelerate AI progress. Why Amodei Is Worried About China Amodei, speaking...

Comcast (CMCSA) generated free cash over the past twelve months worth 20.1% of its market value. The median S&P 500 company manages 4.4%. Part of that gap is Comcast's debt. The rest means one of two things: the market has made a mistake, or the cash is about to get smaller. Comcast keeps losing broadband customers, and that is the market's answer.

PG&E (PCG) has lost about 13% over the past twelve months while the S&P 500 gained 17%. The California utility now trades at 9.5 times earnings against an S&P 500 median of 22.9, the kind of gap value buyers hunt for. So what has the market marked down: the utility, or the state it operates in.

On Tuesday, Meta Platforms, Inc. (NASDAQ:META) CEO Mark Zuckerberg said the company delayed its Muse AI agent for several months to address safety and security concerns. Zuckerberg Says AI Labs Should Handle Safety Risks Themselves "Every lab has the responsibility and incentive to move at the pace required to train its models safely, and the ability to take its own actions to ensure that happens," Zuckerberg wrote on X. He argued that AI companies already have strong reasons to prioritize safet

Nant Capital’s investment of up to $22.3 million in a PIPE into PDS Biotech, along with Patrick Soon Shiong’s new board seat there, pushed ImmunityBio (NasdaqGS:IBRX) up 6% on Monday and sharpened focus on his broader immunotherapy plans. ImmunityBio’s share price has cooled slightly in the very short term, with a 1-day share price return of 2.75% and a 7-day share price return of 1.81%. However, the 30-day and 90-day share price returns of 7.53% and 16.45% suggest momentum is still building...

Transocean has delivered a 5 year share price return that many offshore drillers would envy, which naturally puts a spotlight on whether the current US$5.94 quote still lines up with the cash the business can generate. With traders reacting to contract wins and shifting offshore activity, the question is how much of that story is already embedded in the stock's cash flow profile. Over 5 years, Transocean has returned 86.2%, which puts real weight on the question of whether its recent gains...

In early September 2026, Merck & Co., Inc. deepened its innovation push through multiple investor conferences and a new clinical trial collaboration in which Perspective Therapeutics announced it will test its targeted alpha therapy [212Pb]PSV359 with Merck’s immunotherapy Keytruda in certain FAP-a–expressing lung and colorectal cancers. At the same time, Merck partnered with The Hashgraph Group and PwC Germany on a cocoa traceability pilot that links its M-Trust physical authentication...

Phillips 66 (PSX) is back in focus after workers at its Bayway Refinery in New Jersey scheduled a contract rally, raising fresh questions about labor costs, operating continuity, and potential knock-on effects for shareholders. The labor flare up comes at a time when Phillips 66 shares have been on a powerful run. The stock is up 13.41% on a 1 month share price return basis and 58.48% over 3 months, contributing to a 102.90% year to date share price return and a 5 year total shareholder...

Kinder Morgan has delivered a strong multi‑year share price run. However, the current US$30.77 tag raises a simple question for you as an investor: Do the cash flows from this pipeline and energy infrastructure operator fully explain where the stock trades today, or has sentiment moved ahead of the underlying numbers? Over the past 5 years the Kinder Morgan share price has gained 155.4%, which puts real weight on whether the cash generation record supports that kind of compounding. The...

A tobacco giant sent a torrent of cash back to its owners. Here’s what that money actually bought, and what has to go right for the checks to keep coming.

Blackstone (NYSE:BX) CFO Michael Chae said the firm sees a constructive backdrop for corporate profits, investment deployment and fundraising, citing accelerating earnings growth, expanding margins and demand for capital across infrastructure, private credit and private wealth markets. Speaking at

It finally works like a chatbot, but AI agent apps such as Instinct and Muse are stealing Siri’s thunder.

Engineers Hefu Chai and Huaisong Xiang allegedly purchased perpetual futures tokens on Hyperliquid between 2025 and 2026 ahead of the company’s public announcements that the underlying cryptocurrency tokens would be listed on Robinhood Crypto.

Accenture (NYSE: ACN) has agreed to pay US$25 million to settle U.S. Department of Justice discrimination claims tied to federal contracts. The settlement resolves allegations that Accenture violated federal contract requirements related to employment practices for government work. Accenture reached the agreement with the DOJ without a court judgment, addressing claims focused on compliance with U.S. contractor rules. The US$25 million DOJ discrimination settlement is important, but...

Cigna Group (CI) continues to draw attention after its recent close at US$288.90, with investors weighing modest return figures across the past week, month, and past 3 months against the insurer's broader long term track record. Recent trading has been more mixed for Cigna Group, with the share price slipping 0.4% on the day but still posting a 4.7% 7 day gain and a 3.5% year to date share price return. The 1 year total shareholder return of 0.4% and 5 year total shareholder return of 56.7%...

Rogers Communications (TSX:RCI.B) just paired a new Apple hardware lineup with its premium 5G+ plans, while also raising long dated subordinated debt and refinancing older notes. That mix puts both consumer offerings and capital structure in focus. Despite the fresh Apple lineup and debt issuance news, Rogers Communications’ recent share price momentum has been soft, with the stock down 4.9% over the past 90 days and 4.2% year to date. The 1 year total shareholder return of 5.3% points to a...

Bitcoin and crypto-related stocks fell sharply on Tuesday after the Senate failed to advance the CLARITY Act.

RTX (NYSE:RTX) Chairman, President and CEO Chris Calio said the aerospace and defense company remains positioned to benefit from sustained commercial aviation and defense demand, citing a $289 billion backlog that was up 22% from a year earlier. Speaking at a Morgan Stanley aerospace and defense co

Using his social-media megaphone to roil the waters, Musk is promoting a new anti-immigration party.

Advanced Micro Devices (AMD) has returned more than 200% over the past year. The number that should worry a holder is 19.5: the price-to-sales multiple, against a ten-year high of 23.0, in the top decile of the stock's own decade. That multiple sits in the top decile of the stock's own decade, and the growth behind it, a doubling of the data center business in 2027, rests on a product that had not shipped when management last reported.

Roughly 328 million shares of SpaceX stock will become available for sale on Sept. 24. What does that mean for investors?

A powerful drug pipeline is fueling a stock trend that ranks in the top 6% of US stocks worth more than $1 billion, but the ticket price for investors is steep and the clock is ticking on its biggest star.