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Stay up to date with the latest stock market news from around the world. From breaking news written by our finance analysts to event-driven market news on a global scale.

NYSE:OTIS
NYSE:OTISMachinery

Otis Worldwide (OTIS) Secures Major Contract to Install 265 Elevators in Egypt

Otis Worldwide (OTIS) recently secured a contract to supply 265 Otis Gen2® Prime elevators for Mountain View Real Estate Development, enhancing its presence in Egypt's real estate market. This announcement, highlighting the company's focus on modern design and quality, aligns with the broader market's positive sentiment as investors anticipate potential interest rate cuts. While Otis shares moved flat over the past week, the market slightly advanced, reflecting optimism fueled by weak...
NYSE:RTX
NYSE:RTXAerospace & Defense

RTX (RTX) Secures US$205 Million Contract for Navy's Phalanx CIWS Production

Raytheon Technologies (RTX) recently secured a $205 million contract with the U.S. Navy for the Phalanx Close-In Weapon System, a noteworthy development amid the recent 14% rise in RTX's stock price over the past quarter. This contract, alongside a $250 million deal with Japan's Mitsubishi Electric Corporation for missile kit production, likely supported this upward trend. Concurrently, the broader market saw modest gains, buoyed by expectations of Federal Reserve interest rate cuts. RTX's...
NasdaqGS:SIRI
NasdaqGS:SIRIMedia

Sirius XM Holdings (SIRI) Welcomes Airbnb Executive Dave Stephenson to Board

Sirius XM Holdings (SIRI) saw its share price rise by 12% over the past month, coinciding with its appointment of Dave Stephenson to the Board of Directors. Stephenson's extensive background with Airbnb and Amazon suggests potential strengthening of the company's financial strategies. Additionally, Sirius XM's successful deployment of the SXM-10 satellite in August also aligns with its share price movement, enhancing market confidence in its technological capabilities. The general market...
NasdaqGS:WTW
NasdaqGS:WTWInsurance

Willis Towers Watson (WTW) Partners With Compa For Enhanced Pay Strategy Solutions

Willis Towers Watson (WTW) experienced a notable price movement with a 11% increase over the last quarter, potentially influenced by their partnership with Compa, designed to enhance compensation strategies in a volatile labor market. This collaboration highlights a hybrid data approach, crucial in today's shifting economic landscape. Additionally, WTW's repurchase of over 1.6 million shares and a quarterly dividend of $0.92 per share might have reinforced investor confidence. These...
NasdaqGS:MSFT
NasdaqGS:MSFTSoftware

Microsoft (MSFT) Partners With Cerence For AI Integration In Vehicle Work Solutions

Microsoft (MSFT) recently collaborated with Cerence Inc. to launch a mobile work AI agent, enhancing vehicle integration with Microsoft 365 Copilot. This event coincided with the company's diverse strategic partnerships and product launches, such as Microsoft Azure OpenAI initiatives that further solidified its position in tech innovation. Over the last quarter, Microsoft's stock gained 5.11%, a move that aligns with broader market trends like optimism for interest rate cuts and tech sector...
NasdaqGS:GLBE
NasdaqGS:GLBEMultiline Retail

Three Stocks Estimated To Be Undervalued In September 2025

As the U.S. stock market continues to inch higher, with major indices like the Nasdaq hitting new records amid hopes for interest rate cuts, investors are keenly observing economic data that could influence Federal Reserve decisions. In this environment of fluctuating rates and record highs, identifying undervalued stocks becomes crucial for investors seeking potential opportunities amidst broader market movements.
NasdaqGS:PLRX
NasdaqGS:PLRXPharmaceuticals

Penny Stocks To Watch With Market Caps Under $700M

As the U.S. stock market inches higher amid hopes for interest rate cuts, investors are closely monitoring economic indicators that could influence future Federal Reserve decisions. In this context, penny stocks—typically smaller or newer companies—remain a relevant investment area for those seeking unique opportunities outside the mainstream indices. While the term "penny stocks" might seem outdated, these investments can still offer significant value when backed by strong financials and...
AIM:CRTA
AIM:CRTASoftware

3 UK Penny Stocks With Market Caps Under £70M

The UK stock market has been experiencing some turbulence, with the FTSE 100 and FTSE 250 indices both closing lower amid concerns over weak trade data from China, which is impacting global economic sentiment. Despite these broader market challenges, penny stocks remain an intriguing area for investors seeking growth opportunities in smaller or newer companies. While the term "penny stock" might seem outdated, these stocks can still present valuable prospects when backed by strong financials,...
NYSE:VNO
NYSE:VNOOffice REITs

Vornado Realty Trust (VNO): Valuation in Focus After $218 Million Midtown Manhattan Office Acquisition

Kshitija Bhandaru
Vornado Realty Trust (VNO) is back in the spotlight with a headline-making move. The company has secured an agreement to acquire the 623 Fifth Avenue office condominium in Midtown Manhattan for $218 million. This is not just another addition to its portfolio. With 75% of the building currently vacant, Vornado plans to completely overhaul the space, turning it into a premier, Class A boutique office property. For anyone weighing what to do with VNO stock right now, this kind of bold expansion...
NasdaqGS:COST
NasdaqGS:COSTConsumer Retailing

Costco (COST) Valuation in Focus Following Strong August Sales and Steady Fiscal Growth

Kshitija Bhandaru
Costco Wholesale (COST) just delivered a bit of reassuring news, announcing an 8.7% jump in net sales for August and similarly steady increases for both its fourth quarter and the full fiscal year. For investors keeping an eye on consumer trends and the resilience of big-box retailers, this latest sales update stands out. While concerns about shifting market sentiment have lingered lately, Costco’s report is a reminder of its ability to attract shoppers and drive meaningful growth, even in...
NasdaqGS:GTLB
NasdaqGS:GTLBSoftware

GitLab (GTLB): Evaluating the Stock’s Value After Strong Earnings, CFO Exit, and Cautious Guidance

Kshitija Bhandaru
If you are following GitLab (GTLB), this past week probably had you double-checking your portfolio. The company delivered impressive second-quarter results, with revenue jumping 29% year-over-year and earnings comfortably ahead of estimates. However, within hours of announcing these numbers, GitLab revealed that CFO Brian Robins is stepping down. This move, combined with their cautious revenue outlook for the next quarter, sent the stock down sharply and rattled investor confidence. It is an...
NYSE:PBI
NYSE:PBICommercial Services

Pitney Bowes (PBI): What Higher 2025 Earnings Estimates Mean for the Stock’s Current Valuation

Kshitija Bhandaru
Something is brewing with Pitney Bowes (PBI), and investors are starting to take notice. The latest catalyst is a fresh wave of analyst commentary pointing to an increase in consensus earnings estimates for fiscal 2025, along with favorable style scores and momentum signals. This adjustment in the outlook has made investors rethink what is possible for the company, especially as improved earnings expectations often catch the attention of those watching for shifts in sentiment. Looking at the...