
FERC Approves Blackstone Infrastructure’s Acquisition of TXNM Energy, Advancing Utility Merger
Feb 21, 2026 03:09 am UTC| Business Governance
TXNM Energy (NYSE: TXNM) shares remained steady in after-hours trading after the Federal Energy Regulatory Commission (FERC) approved its proposed acquisition by Blackstone Infrastructure. The federal regulator determined...

Vanda Pharmaceuticals (VNDA) Stock Soars After FDA Approves BYSANTI for Bipolar I and Schizophrenia
Feb 21, 2026 03:05 am UTC| Business Health Governance
Vanda Pharmaceuticals (NASDAQ: VNDA) has secured FDA approval for its new drug, BYSANTI (milsaperidone), marking a significant milestone for the biotech company. The treatment is approved for Bipolar I disorder manic...

Microsoft Gaming Leadership Overhaul: Phil Spencer Retires, Asha Sharma Named New Xbox CEO
Feb 21, 2026 02:51 am UTC| Business Technology
Microsoft has announced a major leadership transition in its gaming division, as longtime executive Phil Spencer retires after 38 years with the company. The move marks a significant shift for Microsoft Gaming at a time...

Corning (GLW) Stock Surges as UBS Lifts Price Target to $160 on AI-Driven Fiber Optic Demand
Feb 21, 2026 02:37 am UTC| Business
UBS has significantly increased its price target on Corning Inc. (NYSE: GLW) to $160 from $125, maintaining a Buy rating as artificial intelligence infrastructure spending accelerates. The upgraded outlook reflects a sharp...

OpenAI Targets $600B Compute Spend as IPO Valuation Could Reach $1 Trillion
Feb 21, 2026 02:35 am UTC| Business Technology
OpenAI is reportedly planning a massive expansion of its artificial intelligence infrastructure, targeting approximately $600 billion in total compute spending through 2030. According to a source cited by Reuters, the...

Alibaba, Baidu, BYD Shares Slide After Pentagon Military List Update
Feb 20, 2026 11:09 am UTC| Business Technology
Alibaba Group, Baidu, and electric vehicle giant BYD saw their Hong Kong-listed shares fall sharply on Friday after the companies were briefly included on a U.S. Pentagon list of firms allegedly linked to the Chinese...

Moncler Shares Surge on Strong Q4 Revenue Growth and Robust China Demand
Feb 20, 2026 11:06 am UTC| Business
Moncler shares jumped on Friday after the Italian luxury fashion house reported stronger-than-expected fourth-quarter revenue, driven by solid demand in Asia and the Americas. The luxury brand posted a 7% increase in...