Evergy forecasts 2026 profit below estimates, launches new five-year capex plan | ReutersSkip to main content[Exclusive news, data and analytics for financial market professionalsLearn more aboutRefinitiv]Feb 19 (Reuters) - Evergy [(EVRG.O), opens new tab] forecast current-year profit below Wall Street estimates on Thursday and introduced a new five-year capital spending plan of $21.6 billion as the Midwest utility moves to meet accelerating electricity demand from large commercial and industrial customers. ...

American Airlines picks CFM International to power upcoming Airbus A321neo jets | ReutersSkip to main content[Exclusive news, data and analytics for financial market professionalsLearn more aboutRefinitiv]An American Airlines plane arrives at LaGuardia Airport in the Queens borough of New York City, U.S., November 8, 2025. REUTERS/Kylie Cooper/File Photo [Purchase Licensing Rights, opens new tab]Feb 19 (Reuters) - American Airlines [(AAL.O), opens new tab] said on Thursday it has selected CFM International' ...

Quanta Services forecasts 2026 profit above estimates on strong AI data center-led demand | ReutersSkip to main content[Exclusive news, data and analytics for financial market professionalsLearn more aboutRefinitiv]Feb 19 (Reuters) - Quanta Services [(PWR.N), opens new tab] on Thursday forecast 2026 profit above Wall Street estimates, as robust investments in AI-infrastructure boosts demand for the energy contractor's core electric segment.Shares of the company rose 6% in premarket trading.Sign up [here.]Th ...

Core Viewpoint - Russia's oil and gas revenue is projected to nearly halve year-on-year in February 2026, primarily due to a stronger rouble and declining oil prices, with expected revenue at 410 billion roubles ($5.35 billion) [1][1][1] Revenue Analysis - The oil and gas sector is crucial for the Russian economy, contributing over 20% to federal budget revenues, which have been significantly impacted by increased defense and security expenditures since the onset of the military campaign in Ukraine in February 2022 [1][1][1] - Monthly revenue is anticipated to rise by 3.1% from January, attributed to a subsidy known as a damper payment, which oil refineries typically receive [1][1][1] - The expected damper payment from oil companies to the state this month is 42 billion roubles, as selling fuel abroad has become less profitable due to current fuel prices [1][1][1] Year-to-Date Projections - Cumulatively, Russia's oil and gas revenue for January and February 2026 is expected to total 800 billion roubles, a decrease from 1.56 trillion roubles in the same period of 2025 [1][1][1] - The budget forecasts total income from oil and gas sales for the year at 8.92 trillion roubles, with overall budget revenue for 2026 projected at 40.283 trillion roubles [1][1][1] - In the previous year, federal budget revenue from oil and gas fell by 24% to 8.48 trillion roubles, marking the lowest level since 2020 [1][1][1]

Nuveen's takeover of Schroders undervalues asset manager, top 25 shareholder says | ReutersSkip to main content[Exclusive news, data and analytics for financial market professionalsLearn more aboutRefinitiv]A man walks past the logo of investment management company Schroders at a branch in Zurich, Switzerland November 5, 2018. REUTERS/Arnd Wiegmann/File Photo [Purchase Licensing Rights, opens new tab]LONDON, Feb 19 (Reuters) - Nuveen's agreed 9.9 billion pounds ($13.3 billion) takeover of Schroders [(SDR.L) ...

Online marketplace Etsy missed Wall Street expectations for fourth-quarter revenue on Thursday, indicating cooling demand for personalized gifts and handcrafted goods amid ongoing economic uncertainty... ...

DoorDash shares jump as delivery demand fuels growth forecast | ReutersSkip to main content[Exclusive news, data and analytics for financial market professionalsLearn more aboutRefinitiv]A DoorDash delivery person is pictured on the day they hold their IPO in the Manhattan borough of New York City, New York, U.S., December 9, 2020. REUTERS/Carlo Allegri [Purchase Licensing Rights, opens new tab]Feb 19 (Reuters) - Food delivery firm DoorDash's [(DASH.O), opens new tab] shares surged about 11% premarket on Th ...

Skip to main content Exclusive news, data and analytics for financial market professionalsLearn more aboutRefinitiv Walmart CEO Furner begins tenure with conservative outlook February 19, 202612:04 PM UTCUpdated ago By Reuters Walmart U.S. CEO and President John Furner speaks during a keynote session about how Walmart is implementing AI, during National Retail Federation (NRF) 2026: Retail's Big Show, in New York... Purchase Licensing Rights, opens new tab Read more Feb 19 (Reuters) - Walmart (WMT.O), opens ...

Core Viewpoint - EPAM Systems forecasts first-quarter results that align with analyst estimates, driven by continued investment in AI-enhanced systems by companies, which boosts demand for its IT services [1] Financial Performance - EPAM expects first-quarter revenue to be between $1.38 billion and $1.40 billion, with the midpoint matching analysts' estimates [1] - The company anticipates adjusted profit per share in the range of $2.70 to $2.78, also in line with estimates [1] - For the fourth quarter, EPAM reported revenue of $1.41 billion, exceeding analysts' expectations of $1.39 billion, and an adjusted EPS of $3.26, which was above estimates [1] Market Reaction - Shares of EPAM fell more than 4% in premarket trading following the forecast announcement [1]

Group 1: Technology Sector - Nvidia signed a multi-year deal with Meta Platforms to sell millions of AI chips, indicating strong demand and investment in AI technology [1] - Nvidia's revenue growth is heavily reliant on a few customers, with 61% of its revenue increase coming from just four clients [1] - The deal with Meta is expected to alleviate concerns regarding Nvidia's competition in the AI space [1] Group 2: Oil Market - Crude oil prices have surged by more than 4%, nearing yearly highs due to U.S.-Iran tensions and ongoing talks between Ukraine and Russia [1] - Rising oil prices have contributed to an increase in U.S. Treasury yields, reflecting market reactions to inflation and productivity concerns [1] - The oil market dynamics are influenced by geopolitical factors and economic indicators, such as U.S. industrial production showing the largest monthly rise in nearly a year [1] Group 3: Rare Earth Market - Prices for neodymium and praseodymium, essential for manufacturing strong magnets used in electric vehicles and defense, have increased by 41% in 2026 [1] - The price surge is attributed to rising demand and supply bottlenecks, surpassing a price floor set by the U.S. government for MP Materials [1] - The increase in rare earth prices benefits other companies in the sector, reducing reliance on China as the primary producer [1]