Daily coverage of equity markets, sectors, and major indices.
In-depth reporting on U.S. and global stock markets, including index performance, sector rotation, earnings reactions, volatility trends, and notable single-stock moves. Designed to help traders and investors understand what is driving price action across equities.
29,129 total articles
BHP Group’s Chief Commercial Officer Rag Udd will depart at the end of January to pursue an opportunity outside the company, according to an internal staff memo. Udd’s exit opens a key vacancy responsible for managing iron ore contracts and relations with Chinese buyers, a role that Brandon Craig, who assumed the top position in July, will need to …
Bank of Japan Governor Kazuo Ueda said the central bank will keep raising interest rates while assessing whether inflationary pressures are developing as anticipated. Speaking after a G20 finance meeting, Ueda emphasized the need to watch upside inflation risks and to evaluate how prior rate increases are influencing the economy. Markets are largel…
Cognition AI is in advanced discussions to raise about $1 billion in a new financing that would value the company near $47 billion. Strong investor interest—totaling nearly $10 billion in indications—could push the final raise above $1 billion. The fundraising follows rapid revenue growth and a shift toward enterprise customers, even as negotiation…
Nvidia is reportedly in advanced negotiations to acquire AI model platform Hugging Face in a transaction that market sources value at roughly $12.9 billion to $14 billion. The prospective deal, which has not been finalized and remains subject to change, could feature a $1 billion retention package for Hugging Face employees. The acquisition would b…
OpenAI's CEO Sam Altman announced that the company will roll out its next AI model, Astra, "soon," while underscoring an increased emphasis on cybersecurity and safety measures. Altman called Astra a meaningful advance in capability and alignment and said the company is deliberately pacing development to meet higher safety standards after recent co…
U.S. equity futures were largely unchanged Tuesday evening as investors digested fresh U.S.-Iran strikes and persistent concerns about higher interest rates. Major index futures showed little movement after a negative session on Wall Street, where the S&P 500, Nasdaq Composite and Dow all declined. The renewed strikes in the Middle East pushed oil …
A wave of global data centre construction to support AI workloads is driving heavy demand for power and thermal-management equipment. Suppliers of transformers, solid-state transformers and advanced cooling systems have seen large order growth and backlogs tied to hyperscaler projects, even as investor enthusiasm moderates amid supply-chain and dep…
ProPicks AI completed a monthly rebalance that crystallized large gains in two healthcare stocks - Haemonetics and Molina Healthcare - and redeployed that capital into fresh, high-conviction selections including an oil-and-gas value play and a proprietary aerospace supplier. The rotation reflects the model's discipline around valuation, profitabili…
Yum Brands disclosed in a regulatory filing that Aaron Powell has resigned as chief executive of Pizza Hut and from other roles at the company following the completion of the brand's sale. The disposal was executed through two transactions totaling $2.7 billion, including a $1.5 billion sale of most Pizza Hut stores to private equity firm LongRange…
Colombian stocks closed higher on Tuesday, with the COLCAP index rising 1.86% as the Industrials, Services and Agriculture sectors provided upward momentum. Several large-cap names posted notable gains, while a handful of energy and financial companies ended the session lower. Nearby commodity contracts and currency rates also moved, with the US Do…
Chegg Inc. said it repaid the remaining $33.9 million of its 0% convertible senior notes due September 1, 2026, retiring the 2026 Notes and eliminating its outstanding debt. The announcement drove a 3.4% gain in after-hours trading. The company reported $72 million in cash, cash equivalents and investments as of June 30, 2026, and a pro forma cash …
S&P Global Ratings upgraded its outlook on Viper Energy Inc. (VNOM) to positive from stable while affirming a BBB- issuer credit rating, citing improved financial metrics and substantial free cash flow at parent Diamondback Energy Inc. (FANG). The agency also affirmed VNOM's unsecured notes rating and detailed production, reserve, governance and ca…
GitLab shares jumped sharply in after-hours trading after the DevSecOps company posted fiscal Q2 2027 results that exceeded expectations on revenue and adjusted EPS. Revenue of $286.3 million beat the consensus by roughly $13 million, and adjusted EPS of $0.25 topped forecasts by 39%. Management highlighted net ARR growth north of 40% year over yea…
MongoDB reported fiscal second-quarter 2027 results that exceeded consensus on revenue and adjusted EPS, but the stock plunged about 12.5% in after-hours trading as investors reacted to a report many felt fell short of heightened expectations amid a market already shifting away from high-growth names.
OpenAI will limit Astra’s advanced cybersecurity functionality after internal testing showed the model can autonomously locate and develop zero-day exploits. Astra was designated as having met a "critical cybersecurity threshold" under OpenAI’s Preparedness Framework and will be deployed to a restricted group of testers, with broader, defensive-onl…
EU competition authorities have their focus on the licensing practices of U.S. cloud software company Oracle, according to a person familiar with the matter. The European Commission is soliciting information from third parties to determine whether to pursue enforcement, in a probe comparable to one involving SAP that was resolved with concessions i…
U.S. stocks closed lower on Tuesday with the Dow Jones Industrial Average down 0.79%, the S&P 500 off 0.71% and the Nasdaq Composite down 1.03%. Losses were concentrated in Industrials, Consumer Goods and Basic Materials. Notable winners included Apple, Chevron and Johnson & Johnson, while Sherwin-Williams, Home Depot and Caterpillar were among the…
Dell Technologies' after-hours rally followed a Q2 beat and aggressive fiscal 2027 guidance driven by strong enterprise demand for AI-optimized, liquid-cooled servers. The move produced positive read-throughs for data center hardware peers including HPE and Super Micro Computer. Cybersecurity and DevOps names also reported beats, while MongoDB and …
Bank of America downgraded PG&E Corp. to Neutral from Buy and reduced its price target to $13 from $24, citing that California's recent wildfire legislation, Senate Bill 492, improves survivor protections but does not deliver the enduring liability or financing framework the utility needs to underpin its large investment program. The bank now model…
Dell Technologies raised its fiscal-year revenue and profit forecasts for a second time this year after reporting a record quarter driven by strong demand for AI-optimized servers. The company increased its long-term AI server revenue projection and raised near-term revenue and adjusted earnings targets, beating Wall Street estimates for the quarte…
A recent screen of large-cap U.S. REITs that yield at least 3% identifies Independence Realty Trust Inc (IRT) as the most balanced pick, combining a 14.1% fair-value upside with a 4.4% dividend yield and improving FFO metrics. Other high-yielding names on the screen show steeper financing or cash-flow risks, underscoring the need for selective secu…
The market open offers exceptional liquidity and swift price movement but also concentrated, misleading volatility. A methodical stack of timeframes - using 1-hour charts for context, 15-minute charts for structure, and 5-minute charts for execution - tends to produce more consistent results for most traders than attempting to trade the very first …
Zoox and Waymo announced separate rollouts that extend their autonomous ride-hailing operations into additional U.S. metropolitan areas. Zoox will begin testing in Houston and San Diego using retrofitted vehicles ahead of deploying its purpose-built robotaxis, while Waymo will open fully autonomous rides to initial public users in Denver, San Diego…
Medtronic reported $1.45 adjusted EPS and $9.80 billion in revenue, beating expectations and lifting FY2027 guidance. Much of the upside was attributable to an extra selling week that contributed roughly $570 million, making underlying organic growth and Q2 results the next important tests for the company.
Broadcom is scheduled to report quarterly results after the market close on September 2, with consensus expectations set at $3.21 in earnings per share and $29.25 billion in revenue. Market participants are focused less on a single quarterly beat than on management's forward commentary - particularly whether AI-related demand, margin resilience and…
