Parsons Stock Drops After Losing Air-Traffic Control Contract
Parsons (PSN) shares fell after losing the $12.5B air-traffic control modernization contract to Peraton, disappointing investors who expected the company to win.
Parsons (PSN) shares fell after losing the $12.5B air-traffic control modernization contract to Peraton, disappointing investors who expected the company to win.
Victoria's Secret reports strong Q3 results with 9% sales growth and 8% comparable sales increase, signaling successful turnaround under CEO Hillary Super amid resilient consumer spending.
Netflix will acquire Warner Bros. Discovery in an $82.7B cash-and-stock deal, bringing HBO, major franchises, and iconic studios under Netflix’s global streaming umbrella.
Wells Fargo upgrades Unity to Overweight with a new $51 price target, citing strong 2026 mobile game advertising tailwinds and growth potential.
Morgan Stanley upgrades MP Materials on U.S. rare earth supply needs, while UBS boosts Albemarle expecting a lithium deficit in 2026.
DocuSign beats Q3 revenue estimates thanks to strong adoption of its AI-driven Intelligent Agreement Management (IAM) platform, but shares dip as next-quarter guidance falls short of expectations.