Real-time financial, economic, and global news with market-focused context and analysis.
Coverage spans equities, macroeconomic data, commodities, currencies, technology, politics, and global events—paired with analysis that highlights why each development matters for traders and investors. From breaking headlines to hourly market snapshots and in-depth articles, the News Hub is designed to help you stay informed, oriented, and ahead of market-moving events.
TransAlta Corporation's subsidiary, TransAlta Centralia Generation LLC, has been mandated by the U.S. Department of Energy to keep Centralia Unit 2 in Washington State available for operation until September 13, 2026. The company will comply with this order and coordinate with the DOE and local government accordingly.
Gogo Inc. announced that its Gogo Galileo connectivity system has received Supplemental Type Certificates from both the FAA and EASA for installation on Dassault Falcon 7X and 8X aircraft. This approval enables the installation of Gogo's high-performance inflight internet service powered by the Eutelsat OneWeb LEO network, offering reliable speeds …
Lexeo Therapeutics announced the finalization of the SUNRISE-FA 2 pivotal trial protocol and statistical plan for its gene therapy candidate LX2006 in treating Friedreich Ataxia cardiomyopathy. The open-label study aims to support a Biologics License Application to the FDA under the accelerated approval pathway targeted for 2028. Enrollment is on t…
Axsome Therapeutics presented new clinical data on its sleep disorder medicines AXS-12 and solriamfetol at SLEEP 2026, highlighting positive cognitive, functional, and quality-of-life outcomes in narcolepsy and obstructive sleep apnea patients. These presentations reinforce Axsome's leadership in central nervous system disorder treatments and its i…
Seer, Inc.'s Board of Directors has issued a letter to shareholders ahead of the July 28, 2026 Annual Meeting, urging a vote in favor of the current board slate amid activist investor attempts to replace directors and push for a sale. The letter highlights Seer's pioneering leadership in proteomics technology, ongoing large-scale scientific studies…
Elicio Therapeutics announced that its Phase 2 AMPLIFY-7P study of ELI-002 7P immunotherapy in adjuvant mKRAS-driven pancreatic cancer did not meet the primary disease-free survival endpoint in the intent-to-treat population. However, post-hoc analyses revealed a significant benefit in patients with R0 resection, who represent the majority of the s…
Lightbridge Corporation announced CEO Seth Grae's participation in upcoming investor and nuclear industry events, discussing the impact of advanced nuclear fuel technology on increasing reactor output and supporting clean energy goals. The company emphasizes its partnerships with US national labs and its patented nuclear fuel technology aimed at im…
Japan’s ruling Liberal Democratic Party is focusing its internal discussions on removing the sales tax on food entirely rather than adopting a 1% rate. Party officials and lawmakers are debating how to implement a two-year suspension promised during the February general election, while concerns remain about retail systems, support for affected indu…
Faced with a proposed U.S. policy that would apply 100% tariffs to branded medicines unless producers lower prices or onshore production, multinational drugmakers have accelerated U.S. capital spending, stockpiling and operational changes. Some companies secured temporary exemptions through pricing commitments and platform participation, while othe…
ON Semiconductor shares jumped 4.8% in pre-market action after Citi placed the stock on a 90-day catalyst watch while keeping a Neutral rating and a $120 target. The move comes amid recent upward price-target revisions from Wells Fargo and supportive coverage from Mizuho, following ON's Q1 2026 revenue beat and management's comment that the cyclica…
J.P. Morgan lowered its 2027 earnings forecasts for UK housebuilders by an average 20%, trimming revenue and price targets across the sector. The bank downgraded Taylor Wimpey and Vistry to underweight, while maintaining Persimmon as its top sector pick. The move reflects an expected roughly 100 basis point margin contraction in 2027, weaker comple…
Sea (SE) is trading well below its 52-week high after a late-cycle sell-off but recent results and aggressive share gains in Brazil create a concrete catalyst for a multi-week rebound. We outline an actionable long with entry at $84.78, stop at $76.00 and a $140 target over a 45- to 180-trading-day horizon, backed by strong revenue acceleration, im…
A sharp rise in problematic rural loans and the growing frequency of extreme weather have driven a marked increase in farm seizures and auctions across Brazil. Central bank figures, auction-aggregator data and industry officials point to weakened commodity prices, elevated interest rates, higher input costs and climate-related damage as converging …
Micron Technology jumped in pre-market trading after multiple firms substantially increased their price targets, with projections tied to stronger memory pricing and continued AI demand. The moves coincided with a preliminary geopolitical agreement that lifted broader markets, positioning Micron near its 52-week high ahead of its June 24 fiscal Q3 …
Pharvaris reported compelling Phase 3 RAPIDe-3 and Phase 2 CHAPTER-1 clinical data showing oral deucrictibant's rapid, effective, and well-tolerated treatment of hereditary angioedema (HAE) attacks, both on-demand and as prophylaxis. Data demonstrate rapid symptom relief, high single-capsule efficacy rates, sustained attack prevention, and a favora…
Citi reiterated a path of four 25 basis point increases in the Bank of Korea's policy rate across July 2026, October 2026, January 2027 and April 2027, taking the terminal rate to 3.5%. The bank warned the balance of risks favors more rapid tightening, including consecutive hikes in the second half of 2026 and a potential terminal rate up to 4.0%. …
President Donald Trump hosted a seven-fight UFC event on the White House lawn as part of the nation’s 250th anniversary celebrations, an unprecedented professional sporting card for the presidential grounds. The spectacle combined corporate sponsorships, personal business connections and political theater, unfolding hours after a major diplomatic a…
Nebius Group climbed sharply in pre-market trading as the company prepares to join the Nasdaq-100 effective June 22, 2026. The move, driven by required passive fund purchases tied to the index reconstitution, coincides with exceptional Q1 2026 revenue growth concentrated in the firm’s AI cloud business and fresh analyst support. Notable insider sel…
Maritime security and shipping sources warn that even after a preliminary agreement to reopen the Strait of Hormuz, operations to detect and remove naval mines could stretch for several weeks. Assessments from Western security officials estimate 40 to 50 days of minesweeping using both conventional vessels and modern underwater drones may be requir…
Citi's valuation models produce fair value estimates for USD-JPY around ¥161 using data spanning 2017-2025 and ¥159 when restricting the sample to 2023-2025. The bank finds no clear distortion in market pricing, notes offsetting forces from Japanese equity strength and interest rate spread contraction, and anticipates a corrective move to below ¥15…
Shares of ON Semiconductor (NASDAQ:ON) rose 5% on Monday after Citi raised its price target from $100 to $120, put the stock on a 90-day upside Catalyst Watch ahead of the company's September Analyst Day, and boosted earnings estimates for 2026 through 2028. Citi kept a Neutral rating while attributing its revisions to expanded data center power ex…
Genco Shipping & Trading Limited, a leading U.S.-based drybulk shipowner, strongly encourages shareholders to vote in favor of its incumbent board of directors and against handpicked nominees from Diana Shipping Inc. ahead of the company's June 18, 2026 annual meeting. Supported by top proxy advisory firms ISS, Glass Lewis, and Egan-Jones, the comp…
Castellum, Inc., a cybersecurity and software services company focused on the federal government, announced that its joint venture, CTM JV, LLC, has secured a position on the U.S. Navy's Logistics IT Integration and Support Capability Modernization, Deployment, and Support Multiple Award Contract with a maximum total value of approximately $250 mil…
RBC Capital Markets strategists say U.S. equity valuations have declined from recent highs amid the latest market wobble, trimming excess but not plunging to levels that historically signal a broad washout. The S&P 500’s pullback was modest relative to RBC’s Tier 1 definition, small-cap multiples remain elevated versus past troughs, and select sect…
Global equities climbed and oil prices fell after the United States and Iran reached a preliminary memorandum of understanding that could end months of near-total disruption in the Strait of Hormuz. While markets welcomed the prospect of resumed traffic and lower energy-driven inflation pressure, the agreement leaves key issues unresolved and a 60-…
