Strong corporate earnings have supported Wall Street even as the 10-year Treasury yield has hovered near 5% and the Iran war has kept oil prices elevated.
Oil prices are falling on Tuesday following the report, as well as one detailing that Iran said it could reopen the Strait of Hormuz in seven days if a deal with the U.S. is reached.
The company plans to market 50 million shares, according to an amended registration statement filed Monday with the U.S. Securities and Exchange Commission.
While the news media features mass demonstrations around many social justice issues, what does it take to channel those moments of mass resistance into sustainable movements for change?
A 2024 McKinsey analysis found that global construction productivity increased by about 10% between 2000 and 2022, compared with 50% across the broader economy and 90% in manufacturing.
ITIC's 2025 global reliability survey found that 93% of respondents estimated a single hour of downtime costs their organizations at least $301,000, while 51% put the figure at $1 million or more.