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
Activist investor Starboard Value LP raised its positions in Riot Platforms and consumer health company Kenvue during the December quarter, while trimming holdings in Rogers Corp, News Corp, Salesforce and Autodesk, according to a filing submitted to the U.S. Securities and Exchange Commission. The firm is also preparing a campaign to replace the m…
Two major U.S. medical organizations have filed separate federal lawsuits alleging the Federal Trade Commission is using wide-ranging document demands to retaliate against their support for gender-affirming care for transgender youth. The groups say the FTC's civil investigative demands exceed the agency's authority and violate constitutional free …
Armada Acquisition Corp. III sold 22.5 million units at $10 per unit, raising $225 million. The SPAC’s units will begin trading on the Nasdaq Global Market under AACIU on February 18, 2026, with Class A shares and warrants expected to trade separately under AACI and AACIW once split. The firm is focused on prospective business combinations in finan…
Brad Reese, grandson of H.B. Reese, published an open letter on LinkedIn over the weekend criticizing The Hershey Company for using lower-cost substitutes in products bearing the Reese's name. The complaint singles out replacements of milk chocolate and peanut butter across several Reese's items. Hershey responded on Tuesday, saying recipe adjustme…
Santos Ltd posted a 25% decline in underlying profit for the fiscal year, attributing part of the shortfall to commissioning delays at its Barossa LNG project after connection failures on the BW Opal FPSO vessel. The company said it will reduce staff by about 10% as major growth projects approach completion and declared a final dividend unchanged f…
Applied Digital (APLD) shares fell sharply in after-hours trading after NVIDIA's latest 13F filing showed the chipmaker had liquidated its position in the company. The filing, which reports holdings as of December 31, 2025, also shows NVIDIA no longer holds shares of Arm Holdings or WeRide and that it added sizable stakes in Intel and Nokia.
Cadence Design Systems reported quarterly revenue and adjusted earnings that exceeded consensus estimates, driven by heightened demand for design tools used in complex artificial intelligence chip development. Management cited a record $7.8 billion backlog of contracted work and introduced a virtual AI agent to accelerate chip design for customers …
Kenvue reported fourth-quarter results that exceeded Wall Street forecasts, driven by improvements in its self-care and essential health segments, and announced a global reduction of about 3.5% of its workforce as it advances toward a proposed acquisition by Kimberly-Clark. The firm expects related pre-tax restructuring and other charges of about $…
Palo Alto Networks reduced its adjusted earnings-per-share guidance for fiscal 2026 after reporting higher acquisition-related costs in the second quarter, even as it lifted its full-year revenue outlook. The cybersecurity firm completed several acquisitions to bolster AI-focused capabilities and said the purchases are expanding its addressable mar…
Ovintiv Inc said it reached a definitive agreement to sell its Anadarko basin assets in Oklahoma for $3 billion in cash. The package comprises roughly 360,000 net acres and produced about 90,000 barrels of oil equivalent per day as of February. The deal is expected to close early in the second quarter of 2026, subject to customary closing condition…
SGH Ltd. and Steel Dynamics Inc. have boosted their takeover proposal for BlueScope Steel Ltd. to A$32.35 per share, valuing the Australian steelmaker at A$15 billion (US$11 billion). The revised cash bid, labeled by the bidders as their 'best and final' offer, represents a 14% uplift from the earlier proposal and offers premiums of 47% and 56% ver…
Telix Pharmaceuticals saw its shares rise modestly in after-hours trading after announcing a marketing authorization application submission in Europe for TLX101-Px, a PET imaging agent intended to help distinguish progressive or recurrent glioma from treatment-related changes in both adult and pediatric patients. The submission covers major Europea…
The American Academy of Pediatrics has filed suit in federal court seeking to block a civil investigative demand from the U.S. Federal Trade Commission. The AAP says the request, issued as part of an inquiry into its statements about gender-affirming care for minors, is an unconstitutional effort by the federal government to retaliate against the g…
Berkshire Hathaway filed its 13F for the quarter ended December 31, 2025, after the close of trading on Tuesday. The filing, which arrives as Warren Buffett steps down as chief executive and Greg Abel takes over day-to-day leadership, reveals targeted adjustments rather than sweeping portfolio changes. Notable moves include a new stake in The New Y…
After-hours trading showed a split market reaction across technology, cybersecurity, and leisure stocks. NVIDIA and Meta announced a multiyear strategic AI infrastructure partnership, sending both higher in extended trading. Other semiconductor and networking names moved lower, while select software and casino operators posted gains following earni…
Bridge, the stablecoin infrastructure unit acquired by Stripe, said it has received conditional approval from the Office of the Comptroller of the Currency (OCC) to form a national trust bank. The OCC's preliminary decision - which it said "positions Bridge to help enterprises, fintechs, crypto businesses, and financial institutions build with digi…
U.S. equity benchmarks closed higher on Tuesday, paced by gains in Financials, Industrials and Technology. The Dow Jones Industrial Average rose 0.07%, the S&P 500 added 0.10% and the Nasdaq Composite gained 0.14%. Several large-cap components produced notable moves in both directions, while individual names on the S&P 500 and Nasdaq showed outsize…
Mexico's benchmark S&P/BMV IPC closed lower, slipping 0.30% on the session as declines in Industrials, Consumer Goods & Services and Consumer Staples weighed on the market. Breadth was narrowly negative, with 124 decliners versus 121 advancers. Notable movers included gains in Alsea, Grupo Aeroportuario Del CentroNorte and America Movil, while Indu…
Canadian markets closed lower on Tuesday, with the S&P/TSX Composite finishing the session down 0.54%. Losses in Materials, Energy and IT led the decline even as select names posted significant gains. Volatility measures rose and key commodities slipped, while the loonie remained largely unchanged against major currencies.
Russian equities finished lower at Tuesday's close, with the MOEX Russia Index slipping 0.59%. Gains in select names including PhosAgro, Unipro and Bank VTB were outweighed by declines among aluminum, gold and oil producers. Market breadth favored decliners, and volatility, commodities and FX showed notable moves during the session.
Colombian stocks finished marginally higher on Tuesday, with the COLCAP index rising 0.04%. Gains in Industrials, Services and Agriculture supported the market, while notable declines in several large-cap names and weakness in key commodities were recorded. Currency pairs were mixed and the US Dollar Index Futures ticked up.
National Australia Bank reported A$2.02 billion in cash earnings for the quarter ended December 31, up 16% from a year earlier, driven by growth in business and housing lending and a small increase in net interest margin. The bank's common equity tier 1 ratio eased to 11.48% from 11.6% a year ago. ($1 = 1.4120 Australian dollars)
Shares of Nvidia and Meta rose in after-hours trading following news of a multiyear strategic partnership to scale Meta’s AI infrastructure with Nvidia technology. The collaboration calls for hyperscale data centers optimized for AI training and inference, deployment of millions of Nvidia Blackwell and Rubin GPUs and Nvidia CPUs, and integration of…
Nvidia has agreed to a multiyear arrangement to supply Meta Platforms with millions of its existing and next-generation artificial intelligence accelerators and central processors. The deal, whose financial terms were not disclosed, covers Nvidia's Blackwell and upcoming Rubin AI chips as well as standalone installations of its Arm-based Grace and …
Suncorp Group reported a sharp decline in first-half cash earnings as unusually large natural hazard costs and lower investment income weighed on results. The insurer recorded A$1.32 billion in natural hazard expenses across nine major events in Australia and New Zealand, well above its six-month allowance and materially higher than the prior year.…
