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.
29,439 total articles
S&P Global Ratings upgraded System1 Inc. to 'CCC+' from 'D' after the company completed a debt restructuring that converted its revolving credit facility and term loan into cash, preferred stock and a new term loan. The ratings agency also assigned a 'CCC+' issue-level rating and a '3' recovery rating to a $150 million senior secured term loan …
U.S. equity benchmarks ended higher on Friday as the Dow, S&P 500 and Nasdaq all posted gains, driven by strength in Consumer Services, Oil & Gas and Telecoms. Market breadth was mixed, with notable large percentage moves among individual stocks alongside declines in a number of names. Commodities and currencies showed divergent moves, while the CB…
Canada's equity benchmark, the S&P/TSX Composite, finished the Friday session down 0.79% as losses in telecoms, materials and information technology weighed on the market. Advancers were led by sizable gains in Bausch Health, Baytex Energy and Gildan Activewear, while Telus, TerraVest and Eldorado Gold were among the biggest decliners. Market bread…
The Bovespa closed higher on Friday, rising 0.47% to reach a one-month high. Gains were concentrated in the Financials, Industrials and Basic Materials sectors. Market breadth was positive with more advancing than declining issues, while volatility measures and several commodity and currency instruments moved in varied directions.
Jersey Mike’s Subs Inc. completed an initial public offering of 43,478,261 Class A common shares at $23.00 per share and began trading on the New York Stock Exchange under the ticker JMKE. The company issued 13,782,609 new shares, with net proceeds designated for repayment of certain indebtedness and general corporate purposes; the remainder of the…
BMO analyst Ameet Thakkar highlights Quanta Services (NYSE:PWR) as his preferred equity in the energy transition and infrastructure sector, pointing to robust quarterly results, accelerating organic revenue growth, a record backlog and raised fiscal 2026 guidance as evidence that the company is well-positioned to benefit from an early-stage, multi-…
Blackstone Mortgage Trust (BXMT) shares fell about 3.0% in afternoon trading to $14.52 and printed an intraday 52-week low of $14.11 after the company reported a sizable Q2 2026 earnings miss and faced a high-profile analyst downgrade. The shortfall was driven by a realized loss on an impaired multifamily loan and a sizable CECL reserve increase, w…
S&P Global Ratings cut ZipRecruiter Inc.'s issuer and issue-level ratings to B- from B and revised the recovery rating to 3 following a large debt repurchase. The agency projects the company's revenue and EBITDA will stabilize near $500 million and $60 million, respectively, and has changed the outlook to stable from negative as it expects the reve…
Integer Holdings Corp stock jumped sharply after reports surfaced that private equity firm KKR is close to agreeing to acquire the medical device contract developer and manufacturer at about $127 per share. The move comes after a Board-led strategic review initiated in Integer's first-quarter 2026 earnings call and follows activist investor engagem…
The U.S. Office of Foreign Assets Control has granted a 30-day waiver to Serbia's Russian-owned oil company NIS, permitting continued crude oil imports until August 28. The extension arrives while Hungary's MOL negotiates acquisition of the Russian majority stake in NIS. Serbia's Pancevo refinery supplies the bulk of domestic fuel needs, and the co…
Warner Bros Discovery shares climbed after reports that California Governor Gavin Newsom privately urged the state attorney general to abandon the antitrust lawsuit blocking the proposed $110 billion Paramount Skydance acquisition. The move, if it eases the legal challenge led by a coalition of 12 state AGs, could shorten the timeline to close the …
WestJet has begun taking Boeing 737 aircraft out of service as talks with the union representing its flight attendants have not produced an agreement. The Canadian Union of Public Employees has warned its members could strike as early as August 2 at 12:01 a.m. Mountain Time (0601 GMT) over a dispute about pay for time spent on duty from check-in to…
A proposed class action filed in federal court in Seattle accuses Amazon.com of misleading shoppers by using sustainability-related labels on seafood without adequate substantiation. Plaintiffs say labels such as "dolphin safe," "responsibly sourced," "sustainable," "wild caught" and "MSC Certified Sustainable Seafood" conveyed that the products ca…
Warner Bros. Discovery shares rallied after reports that California Governor Gavin Newsom has privately expressed concern about the state's antitrust suit seeking to block Paramount Skydance's $110 billion acquisition of Warner Bros. Discovery. The governor's office is pressing the state attorney general to pursue an out-of-court settlement to safe…
Lear Corporation's stock fell sharply after the company reported better-than-expected second-quarter results but flagged a hesitant second-half outlook, headwinds in China and limited longer-term growth. While headline earnings and revenue beat analyst estimates and cash flow rose, investors were deterred by downgraded production expectations, a ne…
Perimeter Solutions stock tumbled after the company reported wider GAAP losses for the second quarter of 2026, alongside a substantial decline in adjusted EBITDA margin. While sales rose and adjusted EPS beat some estimates, investors focused on the growing GAAP loss, a deceleration in the Fire Safety segment, and a recent $120 million cash acquisi…
Shares of Edison International (EIX) slid sharply after a high-profile analyst downgrade coincided with an earnings update that mixed a strong core earnings beat with a revenue shortfall and fresh management disclosures on dividend and cost-of-capital risk. CEO Pedro Pizarro warned that California investor-owned utilities face potential credit rati…
Elon Musk declined to rule out a merger between Tesla and SpaceX on July 22, and analyst Gene Munster now places the odds at 90% within a few years. Both companies are trading well below recent highs and carry material execution risk, yet they already share multiple operational strands - from batteries and AI to manufacturing methods and data cente…
Live Nation Entertainment stock slid about 5.3% in afternoon trading after a sharp reversal from an early intraday high, despite reporting a sizable beat in second-quarter 2026 results and raising its full-year outlook. Investors appear to be taking profits after a large post-earnings gap-up while focusing on compressed free cash flow margins, risi…
Texas Precious Metals says the recent retreat in gold and silver offers investors a buying opportunity, with the firm citing sustained central bank purchases and growing retail demand via ETF inflows as the primary supports for prices. The dealer expects the long-term uptrend to remain intact over the next two to three years and is expanding its US…
At a Camp David cabinet meeting, President Donald Trump said the United States has not agreed to allow Ukraine to build Patriot missile interceptors, though negotiations remain underway. Trump reiterated concerns about transferring advanced weapons technology, while Ukrainian officials and Lockheed Martin continue talks about potential cooperation …
Friday's trading session produced notable price swings across multiple market-cap tiers. Mega-cap names including Linde and Arista Networks posted sizable moves, while a range of large-, mid- and small-cap companies recorded both double-digit gains and declines tied to earnings, guidance and company-specific developments. The session featured prono…
Earnings season remains active on Monday, August 3rd, with a long roster of companies set to publish quarterly results. Notable names reporting include Palantir Technologies, Marriott International, Williams Cos., ONEOK and Diamondback Energy. The day is split between releases before the market opens and after the close, and the slate spans sectors…
A compact set of U.S. economic releases on Monday, August 3, 2026, centers on manufacturing-sector readings and short-term Treasury auctions. The Manufacturing PMI and ISM Manufacturing PMI, together with related ISM subindexes, construction spending, Atlanta Fed GDPNow and two bill auctions, create a busy calendar of data that market participants …
A torrent of Big Tech quarterly reports this week produced sharply divergent stock moves. Microsoft and Amazon led gains after cloud-driven beats and stronger guidance, while Apple and Meta fell on conservative sales and margin outlooks. Memory and semiconductor names endured a roller-coaster week amid supply signals and speculation about forced se…
