Corrected with A&T planning to run 70% of its wireless traffic through open-capable platforms by late 2026.AT&T Inc. T said Monday afternoon that it will collaborate with Ericsson to build “a more robust ecosystem of network infrastructure providers an...

EyePoint Pharmaceuticals Inc. EYPT announced Monday afternoon that it has begun an underwritten public offering of $175 million in common stock. The company will also give underwriters the chance to purchase up to an additional $26.25 million of stock ...

GitLab Inc.’s stock GTLB surged 15% in extended trading Monday after the software company reported quarterly results that surpassed analyst revenue and earnings estimates. GitLab reported a fiscal third-quarter net loss of $285.2 million, or $1.84 a sh...

U.S. stocks finished lower on Monday with the Dow pulling back from its 2023 highs, while a catch-up rally in small caps stretched to a fourth day. The S&P 500 SPX fell by 24.85 points, or 0.5%, to 4,569.78, according to preliminary closing data from F...

Shares of Five9 Inc. FIVN popped nearly 10% Monday following a report the call-center software provider is mulling a sale, more than two years after it scrapped a multibillion-dollar acquisition by Zoom Video Communications Inc. ZM. Five9 is in talks w...

Oil futures on Monday posted a third-straight session decline, with U.S. prices settling at their lowest since mid-November. Oil prices have remained under pressure on concerns over slowing demand, as well as some skepticism that the OPEC+ output cuts ...

Lululemon Athletica Inc.’s stock LULU fell 2% Monday, after Wells Fargo downgraded the yoga gear maker’s stock to equal weight from overweight, and said it’s taking its chips off the table following a strong year-to-date run. The stock has gained 42.6%...

Car-rental company Sixt XE:SIX2 is phasing out Tesla Inc.’s EVs from its fleet due to lower resale value, Bloomberg reported Monday, citing an email to customers from the German company that it had viewed. Tesla’s price cuts hit residual values and hig...

Twilio Inc.’s stock TWLO fell 2% early Monday, after the cloud computing company said it plans to cut 5% of its global workforce and book $25 million to $35 million in severance charges. The company’s most recent filing with the Securities and Exchang...

The U.S. stock market opened lower Monday, with investors appearing to take a breather after all three major benchmarks rose for five straight weeks. The Dow Jones Industrial Average DJIA was trading 0.4% lower soon after the opening bell, while the S&...

Southwest Gas Holdings Inc. SWX said Monday it plans to pursue an initial public offering of of Centuri Holdings Inc. to separate it from the company by the spring or summer or 2024 once it finds a chief executive for the utility infrastructure company...

Uber Technologies Inc.’s stock UBER soared 4.2% early Monday, after the ride-sharing company’s stock was added to the S&P 500, prompting Oppenheimer to raise its price target to $75 from $65 and reiterate its outperform rating, the equivalent of buy. ...

Wallbox’s stock WBX was rallying by 22% Monday after generator specialist and S&P 500 SPX component Generac Holdings Inc. GNRC said it made a minority investment in the electric-vehicle charging company. Financial terms were not disclosed. Generac will...

Verizon Communications Inc. VZ plans to offer a bundle containing ad-free Netflix and Max for $10 a month combined to customers of its myPlan service. These wireless plans let customers choose which streaming services, bundles or other offers they want...

Brookfield Asset Management BAMCA:BAM and Brookfield Renewable Partners BEPCA:BEP.UT said they will evaluate their next steps, if any, after Origin Energy Ltd. AU:ORG shareholders rejected a $10.6 billion takeover proposal with private-equity firm EIG....

EyePoint Pharmaceutics Inc.’s stock EYPT rocketed 362% early Monday, after the company announced positive results from a Phase 2 trial of its EYP-1901 treatment for wet age-related macular degeneration, or wet AMD. The company said the study combining ...

Shares of Virgin Galactic Holdings Inc. SPCE fell 14.1% in premarket trades Monday after founder Sir Richard Branson ruled out further investment in the space-tourism company. In an interview with the Financial Times Branson said that his business empi...

SilverSun Technologies Inc. SSNT said Monday Jacobs Private Equity II LLC agreed to invest $1 billion in cash into the company including money from co-investor Sequoia Heritage and others. Jacobs Private Equity II will become the majority stockholder o...

Alaska Airlines Inc. ‘s stock ALK was downgraded to market perform from strong buy by Raymond James on Monday, after it announced it would acquire Hawaiian Airlines parent Hawaiian Holdings Inc. HA for $18 a share, or a 270% premium over its closing pr...

General Motors Co.’s stock GM rose 1.2% in premarket trade Monday, after Mizuho upgraded the stock to buy from neutral and said the car maker has several catalysts for a move higher now the UAW strike is over. These include that estimated costs of wag...

Hawaiian Holdings Inc.’s stock HA soared 174% in premarket trade Monday, after Alaska Air Group Inc. ALK announced a deal to acquire the parent of Hawaiian Airlines for about $1.9 billion. Under the terms of the deal, Alaska Air will pay $18 a share i...

State Street Corp. STT said Monday it will take full ownership of a joint venture in India called Statestreet HCL Services. Financial terms were not disclosed. “Bringing the State Street HCL Services capabilities and expertise in-house will create a mo...

Amazon.com Inc. AMZNsaid Friday it has hired Elon Musk’s SpaceX for three Falcon 9 rocket launches to support deployment plans for Project Kuiper, Amazon’s low Earth orbit satellite broadband network. The deal, the first between the companies, is consi...

U.S. stocks powered higher on Friday, shrugging off tough talk from Federal Reserve Chairman Jerome Powell about it being too early to talk about rate cuts. The Dow Jones Industrial Average DJIA gained about 294 points, or 0.8%, ending near 36,245, acc...

Oil futures finished lower on Friday for a second session in a row. Traders looked to a decision by OPEC+ to cut production further in the first quarter with skepticism. “It seems traders either aren’t buying that members will be compliant or don’t vie...

Gold futures rallied Friday, with prices reaching record settlement and intraday highs on Comex. Gold prices surged as the market reacted to the escalating tensions in the Middle East, said Bas Kooijman, CEO and asset manager of DHF Capital. The escala...

Ulta Beauty Inc.’s stock ULTA rose 11.7% Friday to put it on track for its biggest one-day percentage gain since May 27, 2022, when it rose 12.5%, according to Dow Jones Market Data. The stock has gained for seven straight days, chalking up a 17.5% ga...

U.S. stocks opened lower on Friday, kicking off December with a slight decline, as investors await remarks from Federal Reserve Chair Jerome Powell. The Dow Jones Industrial Average DJIA was down less than 0.1% soon after the opening bell, while the S&...

Norfolk Southern Corp.’s stock NSC was up by 2.2% in premarket trading on Friday after BofA analyst Ken Hoexter upgraded the rail transport company to buy from neutral and raised the firm’s price target to $248 a share from $204 a share. “NS has demons...

Canopy Growth Corp. CGCCA:WEED said Friday it completed the sale of its BioSteel sports drink for gross proceeds of C$30.4 million ($22.4 million) in two separate transactions. Coachwood Group, a Canadian firm in the nutraceutical, sports nutrition, an...