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Carrier Global shares surged to lead S&P 500 gains Thursday after the heating, ventilation, and air conditioning company posted better-than-expected quarterly results and raised its full-year profit outlook.

CEO Vlad Tenev said the company has become “more resilient” by targeting sophisticated retail investors.

If Part 1 of this series was about the mindset shift—getting off the hamster wheel of the spot market—then Part 2 is all about the muscle: the actual steps to build, pitch, and maintain shipper relationships that bring consistency to your business. This is where the rubber meets the road. In the Playbook Masterclass, we […] The post Masterclass Recap: How to Go Direct and Ditch the Spot Market (Part 2) appeared first on FreightWaves.

Microsoft shares surged Thursday after the company posted what Morgan Stanley called "one of their strongest quarters in recent memory,” on growth fueled by demand for cloud computing and AI.

Pushed higher by optimism associated with elements of last night’s financial results from Meta and Microsoft, shares of all of the Magnificent Seven stocks were rising in recent trading—and taking the major indexes higher with them.

U.S. equities jumped at midday, as tech stocks rallied following strong earnings reports from Microsoft and Meta Platforms.

Donald Trump has used the stock market as a scorecard in the past, but the president doesn't think he's to blame for the market's year-to-date loss.