Marcus Rodriguez

Managing Editor, Sainteur

Writes in Equities. The team

Latest stories

• DoorDash agrees to pay $65 a share for Instacart in a $17 billion deal

  The deal is at least 75% cash and values Instacart at about $17 billion. Closing isn't expected until the end of 2027 or the first half of 2028.

  Equities · Oct 30, 2026, 1:10 AM EDT · Marcus Rodriguez

• Amazon's cloud has its fastest growth in nearly five years, but the company still misses estimates

  AWS grew 39%, but Amazon fell short on earnings and revenue. Sandisk beat and announced an 8-for-1 split, and Starbucks' U.S. comparable sales topped estimates while its revenue missed.

  Equities · Oct 30, 2026, 12:50 AM EDT · Marcus Rodriguez

• Intel shares tumble after a weak forecast hit by the PC slowdown and an Israel fab blast

  Revenue rose 21% and data center sales jumped 78%, but Intel guided fourth-quarter revenue below estimates and its finance chief said a deadly fab explosion in Israel will cut about $300 million from fourth-quarter revenue.

  Equities · Oct 30, 2026, 12:40 AM EDT · Marcus Rodriguez

• Joshua Kushner's Thrive Holdings agrees to acquire ADT for $7.6 billion in cash

  ADT holders would get $10.00 a share in cash. The deal is expected to close in the first quarter of 2027, and ADT can seek rival offers until Nov. 28.

  Equities · Oct 29, 2026, 11:17 PM EDT · Marcus Rodriguez

• GE Vernova's orders nearly double as it raises its 2026 outlook

  Orders rose 96% to $29.3 billion and the backlog reached $197 billion as the power-equipment maker beat estimates and lifted its forecasts for the year.

  Equities · Oct 29, 2026, 5:45 PM EDT · Marcus Rodriguez

• Boston Scientific cuts its 2026 outlook and sees Q4 sales falling after its August cyberattack

  The medical device maker lowered its full-year profit and sales forecasts and now expects fourth-quarter revenue to shrink by about 1% to 3%.

  Equities · Oct 28, 2026, 12:00 PM EDT · Marcus Rodriguez

• GE Vernova agrees to buy grid equipment maker Trench Group for $9 billion

  GE Vernova is buying the high-voltage grid equipment supplier from Triton Partners, expecting to fund it equally with cash and debt, with closing expected in late 2027.

  Equities · Oct 28, 2026, 11:35 AM EDT · Marcus Rodriguez

• Nelson Peltz's Trian offers to buy Wendy's for $1.4 billion, the Journal reports

  The report comes after Reuters said in August that Trian, a longtime holder of about 16% of the burger chain, had no plans to bid at the time.

  Equities · Oct 28, 2026, 10:30 AM EDT · Marcus Rodriguez

• Boeing slides almost 11% on earnings day while SoFi jumps 13%

  Boeing posted a core loss of 34 cents a share, SoFi grew members 35%, Robinhood missed profit estimates and JetBlue's shares jumped. Here's Tuesday's earnings roundup.

  Equities · Oct 27, 2026, 6:45 PM EDT · Marcus Rodriguez

• Intel says it plans to expand Xeon computing on Oracle's cloud

  Intel announced the planned multiyear collaboration on X, the same day Oracle said it is expanding its Nvidia deal, adding Google and Cerebras offerings and planning to offer Intel-backed SambaNova chips.

  Equities · Oct 27, 2026, 1:55 PM EDT · Marcus Rodriguez

• AMD will put $1 billion into Meta's stock offering as its Helios racks go into testing at Meta

  AMD says its Helios systems are installed and being tested at Meta ahead of an expected broader rollout, and it will invest $1 billion in Meta's equity offering.

  Equities · Oct 27, 2026, 11:30 AM EDT · Marcus Rodriguez

• Nvidia is putting $3 billion into Meta's stock offering as the two expand their AI partnership

  The chipmaker's investment comes as Meta upsizes its common stock offering to $25 billion and plans to deploy more Nvidia infrastructure for its Muse AI agents.

  Equities · Oct 27, 2026, 6:00 AM EDT · Marcus Rodriguez

• Jio shares are indicated about 22% above the IPO price in India's gray market

  Unofficial trading points to a possible strong debut for Jio Platforms' $3.1 billion IPO, which drew more than ₹7 lakh crore in bids. The shares list on the BSE and NSE on Wednesday.

  Equities · Oct 27, 2026, 1:55 AM EDT · Marcus Rodriguez

• Verizon's subscriber adds nearly doubled estimates, but revenue fell short

  Verizon raised its adjusted EPS forecast and signed an AI fiber deal with Amazon Web Services. Revenue missed estimates, and equipment sales fell as it cut device subsidies.

  Equities · Oct 27, 2026, 1:10 AM EDT · Marcus Rodriguez

• Tesla's supervised FSD is approved in Latvia, the tenth EU country to sign on

  Latvia's road safety agency, CSDD, said it based the decision on the Dutch regulator's documentation and on changes Tesla made, including stronger driver monitoring.

  Equities · Oct 26, 2026, 3:10 PM EDT · Marcus Rodriguez

• EQT is buying Range Resources in an all-stock deal Reuters values at $12.8 billion

  Range holders get 0.987 EQT shares for each Range share. The "over $50 billion" figure is the combined company's enterprise value, debt included, not the price.

  Equities · Oct 26, 2026, 1:05 PM EDT · Marcus Rodriguez

• Meta launches a $35 billion stock sale to fund AI, with $60 billion more planned for later

  Meta is selling about $22.5 billion of common stock and $12.5 billion of convertible preferred now, and plans a roughly $60 billion Class C share program that has no agreement yet and isn't expected to start before 2027.

  Equities · Oct 26, 2026, 8:55 AM EDT · Marcus Rodriguez

• Walmart and McDonald's insist AI doesn't decide what you pay

  Walmart's CEO says it won't charge shoppers more based on who they are. McDonald's says franchisees, not AI, set menu prices, while it fights a federal lawsuit over its pricing tool.

  Equities · Oct 26, 2026, 8:15 AM EDT · Marcus Rodriguez

• Elon Musk says most of the 200-plus neoclouds face 'guppy-level death,' and his SpaceX competes with them

  Musk says debt markets have nearly cut off AI cloud companies that lack other revenue. Nebius points to a new $3.5 billion Citi facility, and Nvidia's CEO says the capital gap will close.

  Equities · Oct 26, 2026, 7:20 AM EDT · Marcus Rodriguez

• Trade Desk repriced employee and executive stock options to $12.26 over outside investors' opposition, the WSJ reports

  Green holds 50.2% of the voting power. His shares were about 98% of the yes votes, and about 95% of other holders' votes were no, per VerityData figures reported by the WSJ.

  Equities · Oct 25, 2026, 7:10 AM EDT · Marcus Rodriguez

• Tech steadied after Thursday's AI rout, but the Nasdaq still closed lower

  A midday tech bounce faded by the close as investors kept weighing the cost of AI spending, while a Bloomberg report on SpaceX's wireless plans hit telecom stocks.

  Equities · Oct 25, 2026, 6:40 AM EDT · Marcus Rodriguez

• Governments urged websites to go dark over two critical PHP flaws, and security firms saw no successful attacks by Thursday evening

  Wiz says frontier AI helped turn longstanding PHP bugs into an exploit. Nine security firms told NBC News they had seen no successful attacks as of Thursday evening.

  Equities · Oct 25, 2026, 6:30 AM EDT · Marcus Rodriguez

• Two-thirds of the S&P 500's profit growth is coming from just 10 companies, the WSJ reports

  Nvidia and Micron account for 34% of expected third-quarter growth, per Dow Jones Market Data. FactSet says the index's growth rate drops to 20.0% from 29.0% without them.

  Equities · Oct 25, 2026, 6:00 AM EDT · Marcus Rodriguez

• JetBlue's senior creditors are working with a restructuring adviser, the WSJ reports

  The Wall Street Journal and Bloomberg say lenders have lined up advisers ahead of JetBlue's third-quarter results. JetBlue says it remains confident in its JetForward plan.

  Equities · Oct 24, 2026, 6:35 AM EDT · Marcus Rodriguez

• GM just had its worst week in nearly three years, by Bloomberg's count, and the analysts it tracks still aren't saying sell

  GM's stock slid amid concerns about a narrower 2026 outlook and rising commodity costs, despite a quarterly beat and a new $20 billion buyback authorization.

  Equities · Oct 24, 2026, 6:20 AM EDT · Marcus Rodriguez

• Apple briefly passed Nvidia as the world's most valuable publicly traded company on iPhone Duo launch day

  It's the fifth time Apple has retaken the top spot, by Yahoo Finance's count. Nvidia moved back ahead later in the day.

  Equities · Oct 24, 2026, 6:00 AM EDT · Marcus Rodriguez

• Western Digital and Bloom Energy beat estimates, Deckers cut its sales outlook, and all four stocks fell

  All four reported after Thursday's close. Deckers raised its EPS outlook while cutting its sales forecast, and Newmont's sales rose even as it sold less gold.

  Equities · Oct 23, 2026, 11:55 PM EDT · Marcus Rodriguez

• American Express is cutting 5% of its workforce, and its CFO says AI is part of the reason

  The card company took a $336 million restructuring charge in a quarter that beat adjusted profit estimates and lifted its full-year outlook.

  Equities · Oct 23, 2026, 11:45 PM EDT · Marcus Rodriguez

• SpaceX is reportedly seeking at least 80,000 US cell sites, and tower stocks are rallying

  Bloomberg News reported SpaceX is in talks with tower owners including Crown Castle for at least 80,000 US sites. No signed lease has been reported, and the companies haven't confirmed the talks.

  Equities · Oct 23, 2026, 10:55 PM EDT · Marcus Rodriguez

• Moderna slides after its cancer vaccine data leaked early, even though the results looked strong

  Partial Phase 3 results with Merck slipped out ahead of Saturday's ESMO presentation. The full data showed a 42% cut in the risk of recurrence or death, but after a 530%-plus run this year, analysts say expectations were higher still.

  Equities · Oct 23, 2026, 8:45 PM EDT · Marcus Rodriguez

• Meta's capital spending pushed its free cash flow negative, and its default insurance hit a record

  Meta's free cash flow came in at negative $2.12 billion as capital spending outran operating cash. Its five-year credit default swaps hit a record and the stock fell, even though revenue topped estimates.

  Equities · Oct 23, 2026, 5:55 PM EDT · Marcus Rodriguez

• Elon Musk has put roughly $1 billion into Skydance, Semafor reports

  Semafor says Musk's deal came together alongside other equity investments, including from board member Laurene Powell Jobs. Neither Skydance nor Musk has confirmed it.

  Equities · Oct 23, 2026, 5:15 PM EDT · Marcus Rodriguez

• Musk's public cheerleading created a "mess" for SpaceX-Tesla merger talks, Reuters reports

  Musk recused himself from the merger committees, then called the deal a good idea. Reuters' source says that raises questions about whether Tesla shareholders are fairly represented, with SolarCity's long legal fight in mind.

  Equities · Oct 23, 2026, 4:37 PM EDT · Marcus Rodriguez

• Lam Research sinks after a record quarter as Lockheed raises its outlook again

  Lam Research's supply constraints and China warning outweighed record revenue. Tesla cut its spending plan, Lockheed's backlog hit a record, and P&G beat on earnings.

  Equities · Oct 23, 2026, 3:50 PM EDT · Marcus Rodriguez

• Nokia's AI and cloud sales more than doubled, and its networking unit grew 17%

  Nokia said its Network Infrastructure sales rose 17% in the third quarter, helped by AI and cloud demand, and Reuters reported that comparable operating profit topped the average estimate.

  Equities · Oct 22, 2026, 6:40 PM EDT · Marcus Rodriguez

• Alibaba slides as China's market regulator leans on online platforms over product quality

  China's market regulator pressed Taobao's parent and its rivals to act as product-quality "gatekeepers." It outlined no immediate measures, but Alibaba's Hong Kong shares had their steepest intraday drop in two months, Investing.com reported.

  Equities · Oct 22, 2026, 6:00 PM EDT · Marcus Rodriguez

• Meta will hand every shareholder a new non-voting share to help pay for AI

  Meta's board approved a publicly listed, non-voting Class C stock, effective January 2027, and will pay one Class C share for every Class A and Class B share. The company says it needs the flexibility for capital raising, employee pay and deals as AI spending climbs.

  Equities · Oct 22, 2026, 2:40 PM EDT · Marcus Rodriguez

• Tesla's cash flow blows past forecasts as IBM and TI beat

  Tesla's revenue was flat, but free cash flow beat estimates by billions. IBM, Texas Instruments, AT&T and Elevance beat, Philip Morris trimmed expectations, and Moody's missed.

  Equities · Oct 22, 2026, 11:20 AM EDT · Marcus Rodriguez

• SpaceX's AI Business Just Overtook Starlink

  Third-quarter revenue rose 161% to $14.6 billion, led by an AI segment whose sales grew 830%. SpaceX expects $33 billion to $37 billion in revenue in the first quarter of 2027, and up to $40 billion of capital spending in the fourth quarter.

  Equities · Oct 22, 2026, 1:20 AM EDT · Marcus Rodriguez

• Salesforce's Braze Deal: $5.66 Billion, All Cash, and a $300 Million Breakup Fee

  The CRM giant is buying the customer-engagement platform for about $5.66 billion in enterprise value. The deal needs Braze shareholder and regulatory approval and isn't expected to close until Salesforce's fiscal 2028.

  Equities · Oct 22, 2026, 12:40 AM EDT · Marcus Rodriguez

• Netflix Hits Its Quarter, Then Cuts Its Ad Forecast for the Year

  Third-quarter revenue of $12.87 billion matched estimates and profit beat, but Netflix lowered its 2026 ad revenue outlook to about $2.7 billion and its full-year sales forecast slipped.

  Equities · Oct 21, 2026, 9:50 PM EDT · Marcus Rodriguez

• Super Micro Says AI Demand Pushed Its Quarter Way Past Its Own Forecast

  The server maker now estimates fiscal first-quarter revenue of $18.5 billion to $19.5 billion, well above its $14.5 billion to $15.5 billion guidance. The numbers are preliminary and unaudited.

  Equities · Oct 21, 2026, 7:00 PM EDT · Marcus Rodriguez

• Musk says a SpaceX-Tesla merger would be a good idea, but he can't be in the room

  On SpaceX's earnings call, Musk said both boards have independent committees weighing a combination. No terms are agreed, and Tesla would need half of all its shares to vote yes.

  Equities · Oct 21, 2026, 4:20 PM EDT · Marcus Rodriguez