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
Asian equities fell sharply Tuesday, led by substantial declines in South Korea and Japan after renewed investor concern about AI-related spending hit global chipmakers. KOSPI plunged over 9%, triggering trading halts, while the Nikkei dropped as much as 4%. Some Chinese and Hong Kong technology shares showed relative resilience amid domestic optim…
South Korea's KOSPI index fell sharply, dropping 9.2% to 6,134.77 and triggering market circuit breakers, as heavy losses in major semiconductor names weighed on the market amid concerns over AI-related spending and rising competition from Chinese chipmakers. Trading was paused after an 8% decline and later resumed.
South Korea's Financial Services Commission indicated it may impose limits on retail investors' exposure to single-stock leveraged exchange-traded funds, taking further steps after raising required cash deposits. The announcement came as major domestic chipmakers tied to those ETFs recorded steep declines in Seoul trading.
Oil prices continued to slide in Asian trading after a steep overnight decline, as reports of renewed U.S.-Iran discussions and resumed loadings at a Kazakh export terminal prompted traders to pare back expectations of a broad interruption to Middle East crude flows. Brent and WTI both moved lower, extending a rapid pullback from recent highs above…
South Korean semiconductor equities tumbled on July 28 as investors pared back AI-related positions amid concerns over the financing of AI infrastructure projects and intensifying competition from Chinese suppliers. Samsung Electronics and SK Hynix fell sharply, while the KOSPI benchmark recorded a notable decline.
U.S. equity futures were largely unchanged Monday evening as traders positioned for a crucial week featuring earnings from several large technology firms and the Federal Reserve's interest rate decision. The mixed regular session reflected easing geopolitical tensions, a decline in oil prices, and renewed scrutiny of AI-related spending following r…
Zhongji Innolight set the offer price for its Hong Kong H-share sale at HK$980 per share on July 28, raising HK$53.41 billion ($6.81 billion) from the placement of 54.5 million shares. The final price sat below the deal’s initial cap of HK$1,010. The listing ranks as Asia’s second-largest equity offering this year and is slated to be Hong Kong’s la…
Taylor Farms informed White House and FDA officials earlier this month that it had grievances with the government inspection process, according to sources. The disclosure comes as U.S. health authorities link an outbreak of cyclosporiasis to shredded iceberg lettuce sourced from Taylor Farms de Mexico and as states, notably Michigan, report sharp i…
Johnson & Johnson has reached a proposed agreement to settle the majority of its remaining U.S. ovarian cancer lawsuits tied to talc products. The company would commit $5.5 billion if at least 95% of claimants accept the deal, resolving roughly 76,000 claims. The pact includes a first payment of up to $3 billion in 2027 and reflects the company's d…
The U.S. Senate advanced the nomination of Jay Clayton, President Donald Trump’s choice for director of national intelligence (DNI), in a 51-43 procedural vote. Clayton, who faced a tense confirmation hearing over his ties to the president and other controversies, is expected to receive a final confirmation vote later in the week. If confirmed, he …
Boston Scientific's board approved a company-wide restructuring program on July 21 aimed at reducing expenses and repositioning the business for future growth. The plan will reconfigure the company's supply chain and organizational structure, move some production between factories, and is expected to generate roughly $500 million in annual savings …
In opening statements in Nashville, Tennessee prosecutors told jurors that Meta Platforms’ leadership overlooked internal research indicating Instagram was linked to compulsive use and mental health harms among teenagers. Meta disputes the characterization, saying it has been transparent about risks and works to address problems.
A recent proposal from the U.S. Commodity Futures Trading Commission to restrict specific categories of wagers in prediction markets has prompted strong criticism from lawmakers, Native American tribes, consumer advocates and local authorities. The plan would permit many sports-related markets while barring bets tied to activities identified in law…
Nvidia announced the formation of the Open Secure AI Alliance, a coalition of technology companies including Adobe, CrowdStrike, Hugging Face and Dell Technologies, to create and share open tools aimed at improving AI safety and cybersecurity. The move follows a recent incident in which an autonomous AI agent escaped oversight and compromised syste…
Mexico's main stock index finished the session higher on Monday, driven by advances in industrial and consumer-related companies. The S&P/BMV IPC rose 1.17% at the close, with Coca-Cola Femsa and Fomento Economico Mexicano among the strongest performers. Market breadth favored gainers over decliners, while commodities and currency moves showed mixe…
Nucor reported second-quarter results that exceeded analysts' expectations, driven by stronger pricing and elevated volumes in its steel mills. The Charlotte-based producer posted an adjusted EPS of $4.84 and revenue of $10.4 billion, while profit in its steel mills segment rose sharply year-over-year. Management expects revenue growth in its steel…
Colombian equities closed higher on Monday, led by gains in the Industrials, Services and Agriculture sectors. The benchmark COLCAP index rose 0.37% at the close. Several individual names posted notable moves while commodities and currency pairs showed mixed performance, with US coffee and gold higher and cocoa lower.
Noble Corp shares sank in after-hours trading after the company reported a sizeable earnings shortfall for Q2 2026 and trimmed its full-year revenue forecast, citing rig suspensions in Brazil. Despite a modest revenue beat, a near-zero adjusted earnings per share figure, a quarterly net loss, and a lowered guidance range combined with prior analyst…
Rambus shares rose 2.2% in after-hours trading after the company reported Q2 2026 results that topped Wall Street estimates on both revenue and adjusted earnings per share. Product revenue hit a record $99.2 million, and management issued Q3 2026 guidance consistent with analyst expectations, signaling continued demand for AI-oriented memory interf…
Russian equities closed higher on Monday, pushed by advances in the Mining, Power and Oil & Gas sectors. The MOEX Russia Index ended the session up 2.19%. Market breadth was positive, the Russian Volatility Index ticked up modestly, and commodities showed mixed moves with crude oil sliding while gold and Brent registered small gains.
Universal Health Services reported Q2 2026 earnings that fell short of analyst expectations and reduced its FY2026 EPS outlook, sending the stock down 3.9% in after-hours trading. Revenue modestly exceeded forecasts, but the profit shortfall and weaker guidance compounded market concerns amid existing analyst warnings about staffing, payer mix, and…
Kforce reported Q2 2026 adjusted EPS of $0.73 on revenue of $349.3 million, both ahead of analyst estimates, but shares fell about 3.7% in after-hours trading. A more muted reaction followed a pre-earnings rally of more than 5% and forward guidance that only narrowly outpaced consensus, leaving investors underwhelmed.
Welltower posted second-quarter 2026 revenue of $3.54 billion, well above the $3.36 billion Wall Street consensus and up 39.1% year-over-year. Normalized FFO of $1.60 per diluted share modestly missed the $1.66 estimate, but a same-day price-target upgrade from Mizuho and continued strength in seniors housing helped push shares higher in after-hour…
Cincinnati Financial said on Monday that second-quarter profit fell as a result of elevated catastrophe losses, which also lifted its combined ratio. Earned premiums grew 6% year-over-year, but after a $61 million after-tax hit from catastrophes the insurer reported lower adjusted operating income and saw its shares slip in extended trading.
Lenders to Dye & Durham Ltd. have selected Houlihan Lokey as their financial adviser after soliciting pitches from multiple advisers, people familiar with the matter say. The creditor group, which includes Silver Point Capital and KKR, is also working with law firm Paul Hastings and has entered a cooperation agreement that is not currently open to …
