Fiserv Stock Crashes 40% After Massive Earnings Miss and Leadership Shakeup
Fiserv suffers record 40% stock plunge after slashing earnings forecast and announcing major leadership changes. Third-quarter results miss expectations badly.
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AST SpaceMobile Partners with stc Group for Satellite-Direct Phone Service Across Saudi Arabia and MENA Region
AST SpaceMobile and stc group announce 10-year deal to bring direct-to-device satellite connectivity to Saudi Arabia and MENA, eliminating coverage gaps with space-based 5G/4G LTE service starting Q4 2026.
Jamf to Go Private in $2.2 Billion Francisco Partners Deal
Francisco Partners acquires Jamf in $2.2B all-cash deal at $13.05/share. Apple management software firm expects Q1 2026 close, maintains Minneapolis headquarters.
Boeing's $5B 777X Writedown Overshadows Production Recovery
Boeing reports $4.9B charge on delayed 777X jet, now due 2027, but quarterly results improve with stronger 737 MAX deliveries and positive cash flow return.
Verizon Reports Q3 Growth as New CEO Unveils Bold Turnaround Strategy
Verizon's Q3 results show revenue gains and subscriber growth under new CEO Dan Schulman, who promises aggressive transformation to reclaim market share from AT&T and T-Mobile.
Caterpillar Crushes Q3 Earnings Thanks to AI Data Center Boom
Caterpillar exceeds Q3 profit estimates with $4.95 per share earnings, driven by surging demand for energy equipment needed to power AI data centers. Revenue hits $17.6B.