Key Takeaways Moelis & Co. stock jumped 33.5% in three months, outpacing the sector and the S&P 500.Fed rate cuts are expected to boost M&A volumes, aiding MC's advisory revenues.MC shows strong growth, broad diversification and consistent shareholder payouts.In the past three months,  Moelis & Co. (MC) shares have demonstrated strong performance. The stock has soared 33.5%, outperforming the industry, the Finance sector and the S&P 500 index. Further, it has fared better than its peer, Lazard Inc. (LAZ) , ...

Key Takeaways Marvell is gaining from AI-data centers and demand for custom silicon and optical connectivity.Micron is expanding with strong HBM demand, new products, and deep hyperscaler partnerships.MU revenues are set to rise 48% in FY25, while MRVL guides for slower sequential growth.Marvell Technology (MRVL) and Micron Technology (MU) are two semiconductor stocks riding the artificial intelligence (AI) infrastructure wave — but in very different ways. While Marvell Technology plays a key role in the cu ...

Key Takeaways The Trade Desk is focused on live sports to further drive its fast-growing Connected TV business.Partnerships with Disney, Sky TV and Omnicom strengthen TTD's CTV live sports strategy.Amazon and Magnite ramp up DSP and CTV efforts, heightening competition with TTD.The Trade Desk (TTD) is focused on boosting its Connected TV (“CTV”) business by capitalizing on the shift from linear to programmatic CTV. TTD had earlier referred to CTV as the “kingpin of the open internet.” On the recent earnings ...

Key Takeaways PPG launched HI-GARD Non-Methanol coating for 1.5 standard index ophthalmic lenses.The coating removes methanol, meeting regulations and improving workplace safety.Compatibility with existing systems enables seamless adoption across lens uses.PPG Industries, Inc. (PPG) has launched PPG HI-GARD Non-Methanol hard coating for 1.5 standard index ophthalmic lenses, providing lens manufacturers with a durable replacement for traditional methanol-based coatings.The new formulation helps meet evolving ...

The number of Americans filing for unemployment dropped by 33,000 last week, reversing the previous week’s increase that had taken the number to its highest level in almost four years.By completing this form, you agree to receive marketing communications from PYMNTS and to the sharing of your information with our sponsor, if applicable, in accordance with our Privacy Policy and Terms and Conditions .Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additiona ...

Cracker Barrel leaders said they expect a traffic slump heading into the rest of 2025 due to their viral logo change. Traffic for the first half of August was down approximately 1%, Craig Pemmelis, the company’s chief financial officer, said during an investor call following the company’s fourth quarter earnings report on Wednesday, Sept. 17. Since Aug. 19, the date of the official logo change, traffic declined approximately 8%, he continued. The company now expects a further decline of 7% to 8% if simil ...

Netskope shares opened at $23 in their Nasdaq debut after the cybersecurity software provider sold shares at the top end of its range.Shares were last up more than 25%. The company, which trades under the ticker symbol "NTSK," priced shares at $19 on Wednesday evening, raising over $908 million and valuing the company at $7.3 billion. Earlier this week, the company upped its expected range from between $15 and $17 a share to $17 to $19.CEO and co-founder Sanjay Beri said in an interview with CNBC ahead of t ...

The U.S. health insurance industry, referred to as Health Maintenance Organization (HMO), is poised to benefit from expanding commercial plans suite, which offers higher margins and reduced regulatory risk, while also leveraging favorable financing conditions from 2025 expected interest rate cuts to pursue mergers and acquisitions (M&A). Medicare Advantage rate hikes expected in 2026 are likely to provide additional margin support. However, profitability remains under pressure from rising medical costs link ...

Key Takeaways Modine posted Q1 sales of $682.8M, up 3% on Climate Solutions strength and HVAC growth.Gentherm won $620M in new auto awards, lifting 2025 revenue outlook to $1.43-$1.5B.Modine projects 10-15% FY26 sales growth, while Gentherm expands ties with China OEMs.Modine Manufacturing Company (MOD) and Gentherm Incorporated (THRM) both manufacture thermal management technologies for the automotive sector. Besides catering to the automotive market, Modine also provides farm and construction machinery an ...

The Zacks Domestic Auto industry is navigating a period of shifting demand drivers shaped by policies, financing costs and pricing pressure. Electric vehicle (EV) sales are strong now as buyers rush to claim tax credits before they expire at the end of September—but demand could fall sharply once incentives vanish. Fed rate cuts offer some optimism, yet auto loan relief will likely be slow, keeping financing costly in the near term. Meanwhile, strong new-vehicle sales are colliding with tighter inventories ...