Price Action
UiPath will join the S&P MidCap 400 on January 2, 2026. The stock jumped nearly 8% following the announcement. Index inclusion coincides with renewed confidence in UiPath’s AI-driven strategy.
Business Trends
UniFirst (UNF) shares surged after confirming a renewed $275-per-share cash acquisition proposal from Cintas. The bid represents a large premium and triggered an outsized market reaction, while lingering regulatory and approval risks continue to influence pricing.
Earnings
FedEx (FDX) posted a strong earnings beat driven by cost cuts and higher U.S. volumes, but cautious guidance pointing to second-half pressures kept the market reaction muted despite clear operational progress.
Earnings
Nike (NKE) beat earnings and revenue expectations, but shares fell after management warned of a near-term sales decline. Weakness in China, margin pressure, and slower turnaround progress shaped the market reaction to the update.
Earnings
Carnival shares moved higher after the company delivered a stronger-than-expected earnings report, reinstated its dividend, and pointed to solid forward bookings, helping ease concerns around leverage and industry oversupply.
Business Trends
Coursera and Udemy announced an all-stock merger aimed at building a larger, enterprise-focused learning platform, as online education pivots toward AI-driven workforce training amid cooling consumer demand.
Business Trends
Affirm shares surged after the company confirmed its buy now, pay later partnership with Amazon was renewed through 2031, easing investor concerns and reinforcing long-term growth visibility amid improving profitability trends.