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NYSE:TRN News 26 September 2025

Rate Cut Fever, Crypto Records & Tariff Turmoil: August 2025’s Global Business Bombshells

Europe’s First DC Power Bridge to Africa + Fresh €55m for Tunisian SMEs: What Italy–Tunisia’s ELMED Cable and New Credit Line Mean for Growth, Jobs and Energy Prices

Key facts (what’s new & why it matters) The in‑depth report 1) What just happened? Prysmian’s award signals ELMED has moved from paperwork to execution. The regulated disclosure shows Prysmian and the TSOs finalized the tender, with a conditional contract that “could reach a value of around €460 million.” It confirms the Partanna–Mlaabi route and details installation with the Monna Lisa vessel. emarketstorage.it Two days earlier, von der Leyen framed ELMED as a strategic Global Gateway flagship: “the first direct current link between Europe and Africa,” a physical energy bridge to accelerate a North Africa–EU “Green Corridor” for clean industry and hydrogen. Agenzia Nova In parallel, Italy activated “Linea di Credito 55”—a targeted, concessional €55 m facility

Stock Market Today

Seagate (STX) stock jumps nearly 6% as Citi hikes target — what to watch next week

Seagate (STX) stock jumps nearly 6% as Citi hikes target — what to watch next week

7 February 2026
Seagate shares rose 5.9% to $429.32 Friday after Citigroup raised its price target to $480 and reiterated a buy rating. The gain ended a two-day slide but left the stock 6.6% below its Feb. 3 high. CEO Dave Mosley sold 20,000 shares on Feb. 2 under a pre-arranged plan, SEC filings show. U.S. jobs and inflation data next week are seen as key tests for tech stocks.
Cummins (CMI) stock price rebounds after earnings whipsaw as investors eye data-center power demand

Cummins (CMI) stock price rebounds after earnings whipsaw as investors eye data-center power demand

7 February 2026
Cummins shares jumped 6.8% to $577.73 Friday, recovering from a nearly 9% post-earnings drop the day before. The company reported Q4 revenue up 1% to $8.54 billion, took a $218 million charge tied to its hydrogen business, and guided for 2026 EBITDA of 17–18% of sales. Demand for data center generators offset weakness in North American truck markets. Analyst reaction was mixed; Truist raised its price target.
Corning stock hits first record close since 2000 as jobs, CPI data loom

Corning stock hits first record close since 2000 as jobs, CPI data loom

7 February 2026
Corning shares surged 8.3% to $122.16 Friday, their highest close since the dot-com era, after Meta agreed to buy up to $6 billion in fiber-optic cables. The stock is up 40% since late 2025, fueled by strong first-quarter guidance and AI data-center demand. Insiders sold shares following the rally, SEC filings show. Investors await next week’s U.S. jobs and inflation data for rate signals.
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