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.
19,745 total articles
Yum! Brands has granted private equity firm LongRange Capital an exclusivity period to negotiate the potential sale of Pizza Hut, according to people familiar with the matter. Discussions are progressing and could conclude in the coming weeks, though a transaction is not assured. The move follows Yum's strategic review of the pizza chain amid sever…
A Deutsche Bank survey of more than 350 cruise travelers indicates rising airline ticket prices are already influencing cruise decisions, with younger travelers disproportionately affected. Many respondents said they would adjust travel logistics rather than abandon cruising, but a sizable share is exploring alternatives or considering postponement…
The MOEX Russia Index closed unchanged, marking a new six-month low, with Moskovskiy Kreditnyi Bank, RusHydro and Mobile TeleSystems among the session's gainers while PhosAgro, AFK Sistema and Rostelekom underperformed. Market breadth was slightly positive; commodities and FX saw notable movement including a rise in gold futures and declines in cru…
SoftBank Group announced a plan to invest as much as €75 billion to build and operate 5 gigawatts of artificial intelligence data center capacity across France. The company said an initial €45 billion will fund 3.1 GW of capacity in the Hauts-de-France region by 2031, with first-phase facilities in Dunkirk, Bosquel and Bouchain, and a manufacturing…
Guyana, already the globe's fastest-growing economy, stands to gain materially from higher crude prices following the U.S.-Israeli war on Iran. Rapid offshore development led by an Exxon Mobil-led consortium has pushed production to over 900,000 barrels per day and quadrupled GDP since 2019. Rising oil revenues and the impending shift in profit-sha…
Nvidia is set to introduce its first Windows personal computers powered by its own processors next week, with Microsoft and Nvidia scheduled to present the new systems at Computex in Taiwan and Microsoft's Build conference in San Francisco. The lineup is expected to include Microsoft Surface models and machines from Dell, and Microsoft plans to sho…
A large clinical trial in newly diagnosed diffuse large B-cell lymphoma (DLBCL) found that adding tafasitamab (Monjuvi) plus Revlimid to the standard R-CHOP chemotherapy lowered the risk of disease progression, relapse or death by 25% compared with R-CHOP alone in roughly 900 patients. The intensified regimen led to more frequent severe adverse eve…
New Jersey Governor Mikie Sherrill directed state police to take control of the area outside Delaney Hall in Newark after a week of clashes between protesters and federal ICE agents. Officials established protected protest zones and vehicle checkpoints while federal and state authorities negotiated positions around the 1,000-bed privately run facil…
A federal appeals panel on Friday temporarily stayed a district court injunction that had barred enforcement of core sections of a 2023 Texas law targeting people suspected of crossing the U.S.-Mexico border illegally. The order from a 2-1 split on the New Orleans-based 5th U.S. Circuit Court of Appeals clears the way for state authorities to apply…
Meta Platforms, TikTok owner ByteDance, Snap, and YouTube have consented to a combined settlement of roughly $27 million to resolve a lawsuit brought by the Breathitt County School District in Kentucky. The district alleged the companies engineered platform features that kept young users engaged and contributed to student anxiety, depression, and s…
UBS used its HOLT valuation framework to compare market-implied long-term growth rates with consensus analyst forecasts for payments and fintech companies. The bank finds that a number of firms - including Shopify, Toast, Block, Visa, Mastercard, FIS, Global Payments and Fiserv - show significant divergence between what current share prices imply f…
Meta Platforms has agreed to pay $9 million to resolve a lawsuit brought by Breathitt County School District alleging its social networks contributed to a student mental-health crisis. The settlement, finalized on May 21, follows earlier deals by other platform companies and comes as a wide-ranging set of claims from hundreds of school districts an…
Mexico's benchmark S&P/BMV IPC closed down 0.40% on Friday as losses clustered in the Industrials, Consumer Goods & Services and Consumer Staples sectors. While several large-cap names posted gains, declines among media and regional players weighed on the market. Commodity and currency moves included higher gold, softer crude oil, and a slightly fi…
Colombian stocks closed lower on Friday, with the COLCAP index down 0.26% as declines in Financials, Investment and Public Services dragged the market. Mineros, Grupo Argos and Grupo Cibest were the session's strongest performers, while Grupo Bolivar, Grupo Energia Bogota and PF Grupsura posted the largest drops. Commodity and currency moves accomp…
BMO Financial has appointed David Descoteaux, formerly of UBS, to lead its U.S. mergers and acquisitions team covering capital markets and commercial banking. He will begin on June 1 and report to senior heads of investment and commercial banking as the lender consolidates teams to bolster North American deal capabilities.
Russian equities closed lower on Friday with the MOEX Russia Index dropping 0.70% to a fresh six-month low. Losses were concentrated in the Mining, Oil & Gas and Power sectors. Market breadth favored decliners, commodity prices were mixed and the ruble depreciated against the dollar while implied volatility rose slightly.
Barclays has highlighted five software firms it expects to benefit as artificial intelligence changes enterprise security and government technology needs. The bank focused on companies providing core security infrastructure and data protection as AI adoption increases, singling out Palo Alto Networks, CrowdStrike, Varonis Systems, Cloudflare, and T…
Moody’s Investors Service moved EQT Corporation’s outlook from stable to positive on Friday while affirming the company’s Baa3 senior unsecured notes rating, (P)Baa3 senior unsecured shelf rating, and (P)Baa3 senior unsecured MTN program ratings. The upgrade in outlook reflects roughly $8 billion of debt reduction since EQT closed its July 2024 acq…
Quantinuum Inc., the quantum computing company with backing from Honeywell International Inc., is reportedly considering enlarging its initial public offering by increasing both the number of shares for sale and the price range by about 10%. That move, driven by strong investor demand, could raise the targeted proceeds by several hundred million do…
Canadian equities finished Friday's session higher, with the S&P/TSX Composite rising 0.70% as advances in information technology, materials and telecoms supported the market. A number of individual names posted double-digit percentage moves in both directions, while volatility measures eased and commodity prices diverged between gold and crude oil…
Brazil's main stock index closed lower on Friday, slipping 0.70% to a fresh three-month low as losses in Basic Materials, Consumption and Real Estate weighed on the market. Gains in select names such as Totvs and Usiminas were outweighed by steep declines in Minerva, Braskem and Magazine Luiza. Commodity prices and the CBOE Brazil Etf Volatility in…
U.S. equities finished higher after the close on Friday, with the Dow Jones Industrial Average rising 0.72% to a record close. The S&P 500 gained 0.22% and the NASDAQ Composite added 0.21%, with notable winners including IBM, Dell and NetApp, while several healthcare and retail names weighed on the session.
OpenAI has engaged in discussions with Citigroup and JPMorgan about participating in its planned initial public offering, Bloomberg reported, citing people familiar with the matter. The talks come as OpenAI readies a confidential IPO filing expected within weeks and a potential market debut later this year. Goldman Sachs and Morgan Stanley are alre…
Mynd.ai Inc said it has regained compliance with NYSE American continued listing requirements after filing its Annual Report on Form 20-F for the year ended December 31, 2025. The filing resolved a notice of non-compliance issued in May related to a missed SEC filing deadline, and the company’s American Depositary Shares will continue trading witho…
Moody's downgraded multiple credit ratings for Bally's Corporation, moving the Corporate Family Rating to B3 and the Probability of Default rating to B3-PD, while keeping the speculative grade liquidity rating at SGL-3 with a stable outlook. The firm cited governance issues and rising debt tied to development plans and sale-leaseback transactions, …
