S&P revises Grubhub outlook to stable amid strategic shift to growth

The S&P 500 index has closed above 6,600 for the first time, marking a significant milestone in the U.S. stock market. This achievement reflects positive investor sentiment and market performance.

Editor’s Note: This milestone is important as it indicates a strong performance in the U.S. stock market, which can boost investor confidence and potentially lead to further economic growth.

Steel Dynamics anticipates earnings growth in all segments for the third quarter, indicating strong performance and positive market conditions.

Editor’s Note: This forecast is significant as it reflects the company's resilience and ability to thrive in a competitive market, which can boost investor confidence and potentially lead to increased stock value.

Kimco Realty has been upgraded to an 'A-' rating by S&P due to its strong performance in the market. This upgrade reflects the company's solid financial health and growth potential.

Editor’s Note: This upgrade is significant as it indicates investor confidence in Kimco Realty's ability to perform well in the real estate sector. A higher rating can lead to lower borrowing costs and attract more investors.

Venator Materials has been downgraded to a 'D' rating following the appointment of an administrator, indicating severe financial distress.

Editor’s Note: This downgrade is significant as it reflects the company's critical financial situation, which could impact stakeholders, including employees and investors. Understanding the implications of such ratings is crucial for assessing the company's future.

Sri Lanka aims for a 6% economic growth by 2026, although the outlook for 2025 appears less optimistic due to delays in spending.

Editor’s Note: This information is significant as it highlights the challenges Sri Lanka faces in achieving its growth targets. Understanding these economic projections can help investors and policymakers make informed decisions.

Russian President Vladimir Putin announced that measures to reduce inflation are showing positive results, although he acknowledged that economic growth still requires improvement.

Editor’s Note: This statement is significant as it reflects the government's efforts to stabilize the economy and address inflation, which affects everyday life for citizens. Understanding these measures can provide insight into Russia's economic strategy and future prospects.

Citizens JMP has maintained a Market Perform rating on ANGI stock, indicating confidence in the company's growth potential despite market fluctuations.

Editor’s Note: This matters because maintaining a Market Perform rating suggests that analysts see potential for ANGI's stock to perform steadily, which can influence investor decisions and market perceptions.

UBS has initiated coverage of Mphasis with a 'Buy' rating, indicating strong confidence in the company's growth potential. Analysts expect Mphasis to experience significant acceleration in its growth trajectory.

Editor’s Note: This is important as it reflects UBS's belief in Mphasis's ability to outperform the market, which could attract more investors and boost the company's stock price. A 'Buy' rating often leads to increased interest from institutional investors.

BHP has announced plans for organic copper growth and expressed interest in the US market, but has not commented on potential large acquisitions.

Editor’s Note: This is significant as BHP's focus on organic growth could impact the copper market and its strategic positioning in the US, a key area for mining investments.

China's economy showed signs of weakness in August, with a broad slowdown affecting growth due to trade uncertainties and a weakened property sector.

Editor’s Note: This matters because China's economic performance has global implications, influencing trade and investment worldwide. A slowdown could lead to increased pressure on Beijing to implement stimulus measures to boost growth.

China's economy faced a significant slowdown in August, with investment dropping sharply. This decline raises concerns about meeting growth targets and may prompt policymakers to introduce more stimulus measures.

Editor’s Note: This situation is critical as it highlights the challenges China is facing in maintaining economic growth. The potential for increased stimulus measures indicates that the government is aware of the need to support the economy, which could have broader implications for global markets.

Optiva's Q2 2025 slides highlight a strong focus on AI and cloud growth, even as the company faces revenue challenges.

Editor’s Note: This is significant because it shows Optiva's commitment to innovation and adapting to market demands, which could position them well for future success despite current financial hurdles.

Amazon is set to launch 'Prime Vision', an augmented reality service that will enhance football coverage with gaming-style graphics. This initiative aims to engage younger audiences in sports.

Editor’s Note: This matters because it represents a significant shift in how sports are presented, potentially attracting a new generation of fans. By integrating technology with traditional sports broadcasting, Amazon is positioning itself as a leader in innovative viewing experiences.

HBO and Noah Wyle excelled in drama, while Apple and Seth Rogen shined in comedy at the Emmy Awards, showcasing their creative talents.

Editor’s Note: This year's Emmy Awards highlighted the achievements of major players in the entertainment industry, with HBO and Apple receiving significant recognition. The event celebrates excellence in television, making it a key moment for creators and audiences alike.

Russia conducted joint military exercises with Belarus near Minsk, showcasing live fire and air strikes. The drills highlight the defense relationship between the two nations amid rising tensions in the region.

Editor’s Note: These exercises are significant as they demonstrate the military cooperation between Russia and Belarus, especially in light of recent tensions involving Ukraine and NATO countries. Observers are concerned about the implications for regional security.

Amazon is offering a keyless entry door handle originally priced at $133 for just $75. Reviewers praise it as a simple DIY upgrade.

Editor’s Note: This deal is significant as it provides an affordable option for enhancing home security. Keyless entry systems are increasingly popular, and this product's positive reviews suggest it could be a great choice for homeowners looking to upgrade.

Wall Street indexes closed higher as investors showed optimism ahead of the Federal Reserve meeting. Tesla and Alphabet stocks saw significant gains, contributing to the positive market sentiment.

Editor’s Note: This matters because it reflects investor confidence in the market and the potential impact of the Federal Reserve's decisions on interest rates and economic growth. A strong performance from major companies like Tesla and Alphabet can influence broader market trends.

Madison Industries is considering selling Filtration Group for over $10 billion, indicating strong market interest and potential growth.

Editor’s Note: This potential sale highlights the value of Filtration Group in the market and could lead to significant changes in the filtration industry, impacting stakeholders and investors.