TTAN News & Events

ServiceTitan announced that SPS PoolCare, the largest residential swimming pool services platform in the U.S., is standardizing their 30+ branch locations across five states on the ServiceTitan platform. By unifying their family of brands on ServiceTitan, SPS will leverage a single, enterprise-grade system to unify its operations, accelerate its high-velocity acquisition strategy, and scale its platform. Founded in 2021 and backed by Storr Group, an investment firm that builds and scales industry-leading platforms, SPS PoolCare operates across Texas, Florida, Arizona, Nevada, and Georgia, where it employs more than 1,000 team members.

ServiceTitan company Aspire Software, a software provider for commercial landscape businesses, announced the operational growth and expansion of its customer, Visterra Landscape Group, one of the fastest-growing commercial landscape platforms in North America, since implementing Aspire as the technology foundation helping to standardize processes across its expanding partner network. Founded in 2022, Visterra has completed more than 12 strategic partnerships and now operates across 14 states. Visterra's platform delivers a comprehensive suite of services, including landscape maintenance, enhancements, construction and installation, sweeping, portering, and critical snow and ice removal services.

Stock futures are modestly higher ahead of the open as investors continue to navigate the fallout from the energy shock tied to the conflict involving Iran and the ongoing disruption to oil flows through the Strait of Hormuz. Sentiment remains fragile after a volatile week in which markets repeatedly swung in response to headlines from the Middle East and sharp moves in crude oil.Oil remains the central macro driver and analysts have revised their price expectations higher as disruptions to tanker traffic and energy infrastructure continue to threaten global supply. The International Energy Agency has already announced plans for a large coordinated release of emergency reserves in an attempt to stabilize markets, but traders remain focused on whether supply disruptions will persist. At the same time, the U.S. government has temporarily allowed the sale of previously restricted Russian oil shipments to increase supply and relieve pressure on global markets, highlighting the degree to which energy policy has become intertwined with geopolitical developments.Fund flows this week show investors pulling billions of dollars out of global equity funds while moving capital into cash and short-term bond funds, signaling a shift toward defensive positioning as the geopolitical situation evolves. Volatility has also risen, with the CBOE Volatility Index climbing into the high-20s, underscoring the nervous tone across financial markets.In pre-market trading, S&P 500 futures rose 0.54%, Nasdaq futures rose 0.52% and Dow futures rose 0.55%.Check out this morning's top movers from around Wall Street, compiled by The Fly.HIGHER -Klarnaup 7% after disclosing Michael Moritz, chairman, purchased 3,472,845 ordinary shares between March 3 and March 11 and David Fock, chief product and design officer, purchased 27,000 ordinary shares on March 9ImmunityBioup 4% after completing manufacturing engineering programs, NK2022 and NK2023, establishing a leukapheresis-to-manufacturing pathway for its autologous memory cytokine-enhanced natural killer cell therapy platformNioup 3% after HSBC upgraded the stock to Buy with a price target of $6.80UP AFTER EARNINGS -Kodakup 8%Nektarup 2%Rubrikup 2%DOWN AFTER EARNINGS -KinderCare Learningdown 33%EverCommercedown 23%Once Upon a Farmdown 15%Ulta Beautydown 8%ServiceTitandown 6%LOWER -Adobedown 8% after announcing that Shantanu Narayen, who has served as CEO of Adobe for eighteen years, has decided to transition from his position as CEO but will remain as Chair of the Board