Today's biggest winners and losers in the stock market, a look at the notable movers: On this episode of Stock Movers:- CH Robinson Worldwide (CHRW) shares fall 13%, the most intraday since late July, after the freight broker announced an agreement to acquire peer RXO in a stock-and-cash deal valued at about $5.8 billion. RXO shares jump 22%, the most intraday since June 2024. The deal represents a 29% premium to RXO’s closing price on Friday. BI analyst Lee Klaskow writes that the purchase

As of October 5, today’s news features corporate acquisitions, macroeconomic trends in the energy sector, and significant political developments in Europe. Schneider Electric announced a definitive agreement to acquire the US software firm PTC for approximately 22.6 billion dollars. This deal represents Schneider's largest acquisition to date, highlighting its ambition to expand its data centre business against a backdrop of increasing demand. Following the announcement, Schneider's shares fell

On this episode of Stock Movers: -CH Robinson (CHRW) shares are down. CH Robinson Worldwide Inc. agreed to buy RXO Inc. in a deal valued at about $5.8 billion to diversify its business and capitalize on RXO’s abilities in expedited and last-mile delivery. CH Robinson aims to use its AI-based model to extract $300 million of cost savings within two years and improve efficiency in a challenging freight market. The deal is expected to close in the first half of 2027 and will bolster CH

OKXICE files for 24/7 tokenized U.S. stock trading.OKXICE, a joint venture between OKX and NYSE parent ICE, has told the SEC it plans to launch a tokenized stock trading venue starting with more than 60 U.S.-listed companies. Former New York Governor Andrew Cuomo, the venture's co-chair, says it's just the first step. CoinDesk's Uyen Truong hosts "CoinDesk Daily." - This episode is brought to you by Grayscale, the world's largest digital asset-focused investment platform. Grayscale's mission is

On this episode of Stock Movers: - Vaxcyte (PCVX) shares surge. The pharmaceutical firm said that VAX-31, its experimental vaccine to prevent invasive pneumococcal disease (IPD) and pneumococcal pneumonia, met all primary endpoints in the OPUS-1 pivotal Phase 3 adult trial, compared to PCV20 and PCV21.- Harley Davidson (HOG) shares gain. Citi upgraded the motorcycle company to buy from neutral, writing that an acceleration in retail growth is “tough to ignore.” What began as modest

In this episode, we kick things off by examining a powerful new cybersecurity defense tool as the freight industry battles escalating digital threats. The National Motor Freight Traffic Association has launched ⁠a comprehensive threat reporting portal where companies can anonymously share attack data⁠ to help protect the entire sector. By pooling intelligence on hacker tactics and breach indicators, carriers and logistics providers can stop bad actors from simply recycling the same playbook across

Today's biggest winners and losers in the stock market. On this episode of Stock Movers: - PTC (PTC) shares are rallying as Schneider Electric agreed to buy PTC for about $22.6 billion in an all-cash deal to tap into the artificial-intelligence boom. - Qualcomm (QCOM) shares are higher as the company agreed to license patents underpinning Huawei Technologies Co.’s novel LogicFolding chipmaking technique. - Taiwan Semiconductor (TSM) shares are gaining with sentiment boosted by discussions

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Today's biggest winners and losers in the stock market. On this episode of Stock Movers: - Qualcomm (QCOM) shares are higher as the company agreed to license patents underpinning Huawei Technologies Co.’s novel LogicFolding chipmaking technique. - Nvidia (NVDA) shares are climbing on news Hon Hai Precision Industry reported better-than-expected quarterly revenue, signaling sustained and elevated spending on global AI infrastructure.- Taiwan Semiconductor (TSM) shares are gaining with sentiment

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Send us Fan Mail Today we start with a look at how the value of beef cross calves is keeping milk prices from growing, and how Japanese consumers are driving demand for U.S. beef. We also look at new legislation in California that raises the farmworker minimum wage to $19.75.

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Today's biggest winners and losers in the stock market.On this episode of Stock Movers:- Schneider Electric SE agreed to buy industrial software firm PTC Inc. for about $22.6 billion, stepping up its effort to tap into the artificial-intelligence boom with its biggest acquisition to date.- Hermès gets its first sell ratings in over a year, with analysts at Goldman Sachs and UBS expecting shares in the Birkin bag maker to continue to underperform on the back of more muted top-line growth than

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Today's biggest winners and losers in the stock market.On this episode of Stock Movers:- Schneider Electric SE agreed to buy industrial software firm PTC Inc. for about $22.6 billion, stepping up its effort to tap into the artificial-intelligence boom with its biggest acquisition to date.- Hermès gets its first sell ratings in over a year, with analysts at Goldman Sachs and UBS expecting shares in the Birkin bag maker to continue to underperform on the back of more muted top-line growth than

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