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Shares of supply chain optimization software maker Manhattan Associates (NASDAQ:MANH) fell 10.8% in the afternoon session after the company announced that Eddie Capel, who joined in 2000, will retire as President and CEO. Eric Clark, currently CEO of NTT Data North America, will succeed him. Before leading NTT Data North America, Clark held leadership roles at ServiceNow, Dell, and Bank of America. Under Capel's leadership since 2013, when he became CEO, shares of MANH gained nearly 2,000%. Howe

Shares of ride sharing service Lyft (NASDAQ: LYFT) jumped 5.5% in the morning session after the company announced plans to launch self-driving robotaxis in collaboration with Mobileye "as soon as 2026." Lyft's CEO, David Risher, posted on X that the company will also partner with Marubeni, a Japanese conglomerate specializing in auto and fleet financing. Risher added that putting more autonomous vehicles on the road could expand Lyft's addressable market. The company plans to launch in Dallas be

Shares of video game retailer GameStop (NYSE:GME) jumped 8.1% in the afternoon session after CEO Ryan Cohen shared a photo with Michael Saylor, co-founder and chairman of MicroStrategy, the largest corporate holder of Bitcoin. The post has sparked speculation that GameStop may be planning a move into the crypto space. Such moves often resonate with its core audience of retail investors and traders.

Shares of genomics company Illumina (NASDAQ:ILMN) fell 7.5% in the morning session after Barclays downgraded the stock to Sell and lowered the price target from $130 to $100. The firm cited several factors for the revision, including "growing uncertainty in China, rising competition from Roche in the clinical market, and weaker-than-expected elasticity in consumables demand."

(Bloomberg) -- As US stocks confront mounting risks, such as questions around the economy and gains concentrated in just a few companies, it’s a good time to shift into other equity markets, says Alexander Altmann at Barclays Plc. Most Read from BloombergNice Airport, If You Can Get to It: No Subway, No Highway, No BridgeSin puente y sin metro: el nuevo aeropuerto de Lima es una debacleThe Forgotten French Architect Who Rebuilt MarseilleIn New Orleans, an Aging Dome Tries to Stay SuperHow London

Incyte stock was one of the biggest decliners on the S&P 500 Monday after the drugmaker's fourth-quarter adjusted profit and projections for 2025 sales of key medications fell short of analysts' estimates.

The U.S. public’s near-term inflation expectations were largely stable in January, a Federal Reserve Bank of New York report found, as respondents to the survey also predicted a notable softening in future spending plans. January also saw the public predict bigger future price rises for food, gasoline, rent, college and medical costs, while home price expectations increased to 3.2% from December’s 3.1%. The New York Fed report's relatively benign view on the future path of inflation comes just after a report on Friday from the University of Michigan that found a very sharp rise in year-ahead expected inflation, which rose from 3.3% in January to 4.3% in February, amid a broader drop in overall consumer sentiment levels for the month.

FDIC Acting Chairman Travis Hill said the agency is overhauling its crypto approach, just as U.S. senators examine regulators keeping banks out of crypto.

The Cryptocurrency Fear and Greed Index plummeted to 35 on Monday, signaling heightened investor apprehension.

Blockchain is reshaping finance by removing middlemen and giving 1.7 billion unbanked people access to financial services, says Aly Madhavji.