News & Events zu Genius Sports Ltd (GENI)GENIGenius Sports Ltd

Major Averages Rise as Oil Prices Retreat

The major averages advanced on Friday as easing oil prices and retreating Treasury yields provided relief at the end of a volatile week. Oil and fuel prices pulled back during the session following news that the U.S. and Iran moved closer to an agreement that would lift naval blockades on tankers in the Persian Gulf and ease economic measures against Tehran. Of note, Meta pulled back today, but still closed the week with a gain of over 10% as it followed up on its recent Muse AI agent launch with a series of hardware releases.Get caught up quickly on the top news and calls moving stocks with these five Top Five lists.1. STOCK NEWS:Akamaiannounced a $11.6B multi-year agreement with AnthropicCostcoreported upbeat Q4 earnings, with CEO Ron Vachris saying he sees "strong pipeline" for new warehouses internationallyThe Federal Reserve is working on a plan to raise the asset thresholds that trigger stricter oversight of big bank, Reuters reportsBASFconfirmed "exploratory work" with the RAG Foundation and Evonik Industries AGon a possible acquisition of EvonikMetais adding a clearer safety warning within Muse after a security researcher discovered a vulnerability in the AI agent that could let an attacker access a user's sensitive personal information, The Information reports2. WALL STREET CALLS:Nikedowngraded to Underperform at BofA as turnaround takes longerBarclays upgraded Humanaon confidence in star ratings boostHSBC downgraded Twilioto Reduce after Muse-driven rallyHSBC upgraded Synopsysto Buy on business model transformationKeyBanc downgraded Comcastto Underweight on deteriorating metrics3. AROUND THE WEB:SK Hynixsubsidiary Solidigm is eyeing a potential 2027 IPO, Reuters reportsBlackstone'sglobal head of private equity Joseph Baratta is preparing to leave the company, WSJ reportsA rumor regarding PayPalas highlighted in Ben Harrington's M&A-focused Betaville blog, contacts tell The FlyAnthropic is asking shareholders to approve a Palantir-stylestructure granting its seven co-founders 50.1% of voting power if three retain minimum stakes, The Information saysFollowing People's Incorporated'sdecision to withdraw its bid for MGM Resortsyesterday, MGM is now in discussions to make a bid for People Incorporated, WSJ says4. MOVERS:Atlas Energygained after its subsidiaries executed separate cost reimbursement agreement with a frontier AI labGenius Sportsincreased in New York after JPMorgan initiated coverage of the stockTwiliodeclined after HSBC downgraded the stock to Reduce from HoldKodiak AIfell after announcing plans to launch its unsupervised long-haul driverless service on the Dallas-Houston freight lane by the end of 2026Zscalerwas lower after appointing Ross Tackett as Chief Revenue Officer5. EARNINGS/GUIDANCE:Astrotechreported FY26 resultsScholasticreported Q1 results and backed its outlook for FY27Legacy Educationreported Q4 results, with EPS higher year-over-yearRezolutereported Q4 results, with EPS missing consensusCarnivalto report Q3 results on September 29INDEXES:The Dow rose 478.64, or 0.93%, to 51,828.62, the Nasdaq gained 129.34, or 0.48%, to 27,068.72, and the S&P 500 advanced 39.28, or 0.51%, to 7,743.41.