News

Watts Water Technologies (WTS) Stock Trades Up, Here Is Why

Shares of water management manufacturer Watts Water (NYSE:WTS) jumped 10.2% in the morning session after the company reported strong fourth-quarter results that exceeded analysts' EPS expectations, with organic revenue slightly surpassing Wall Street's estimates. Margin expansion contributed to the earnings beat as improved pricing and productivity offset volume declines, inflation, and acquisition-related costs​. The improved margins likely reassured investors, easing concerns over weak top-lin

Why Apple (AAPL) Stock Is Trading Up Today

Shares of iPhone and iPad maker Apple (NASDAQ:AAPL) jumped 2.8% in the morning session after Reuters reported that the company is teaming up with Alibaba to launch artificial intelligence features for iPhone users in China. The update could provide much-needed clarity on the company's timeline for rolling out AI features, given worries about growing competition.