Story perspectives

Schneider to Buy PTC for $22.6 Billion Cash

By Drooid · Oct 5, 2026, 6:36 PM UTC · How we work

Summary

Story summary

The S&P 500 rose 0.39% to 7,753.05 while the Nasdaq reached a record 27,360.28.
Nvidia, Meta Platforms, Microsoft and Tesla each gained more than 1% in early trading.
Software firm PTC jumped 34.6% after Schneider Electric agreed to buy it for $22.6 billion cash.
C.H. Robinson stock fell 11.8% after agreeing to acquire transportation broker RXR for $5.8 billion.

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Story summary

The S&P 500 rose 0.39% to 7,753.05 while the Nasdaq reached a record 27,360.28.
Nvidia, Meta Platforms, Microsoft and Tesla each gained more than 1% in early trading.
Software firm PTC jumped 34.6% after Schneider Electric agreed to buy it for $22.6 billion cash.
C.H. Robinson stock fell 11.8% after agreeing to acquire transportation broker RXR for $5.8 billion.