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.
9,543 total articles
Kensington Capital Acquisition Corp. VI completed an initial public offering of 23 million units at $10 apiece, generating $230 million in proceeds, including 3 million units sold through the underwriters' over-allotment. The special-purpose acquisition company began trading on the New York Stock Exchange and will pursue mergers or acquisitions acr…
Private equity firms including Blackstone and TPG have entered into confidentiality agreements to review Whitestone REIT's documents as the Houston-based open-air shopping center owner explores a potential sale. The process comes amid competing shareholder activism, multiple board nominations and a prior purchase proposal from a significant investo…
A handful of corporate results pushed several stocks in after-hours trading, with Marvell and Samsara posting strong moves after top-line beats, Cooper Companies rallying on an EPS beat, and GAP sliding after results were deemed underwhelming. Costco’s modest upside in earnings and revenue produced little movement in its share price.
U.S. equity markets finished lower on Thursday, with the Dow Jones Industrial Average sliding 1.61% to a one-month low. Broad weakness was concentrated in Basic Materials, Industrials and Healthcare sectors, while select large-cap names and commodities displayed divergent moves. Market volatility rose and oil rallied, even as gold futures moved low…
Mexico's equity benchmark closed sharply lower Thursday, with the S&P/BMV IPC down 2.93% and setting a new one-month low. Losses were concentrated in the Industrials, Consumer Goods & Services and Consumer Staples sectors. Several large-cap names and a regional lender recorded notable declines while a handful of consumer-related names poste…
Canadian equities closed lower Thursday as losses in the Materials, Healthcare and Financials sectors pushed the S&P/TSX Composite down 0.98% in Toronto trading. A small group of gainers including Methanex and Maple Leaf Foods contrasted with sharp declines among several miners. Market breadth favored decliners, the S&P/TSX 60 VIX rose to a one-mon…
On March 5, the Trump administration announced plans to rescind a 2024 Biden-era regulation that required some offshore oil and gas companies to provide substantial new bonds or other financial assurances to cover decommissioning costs. The Interior Department said the proposed replacement would reduce industry compliance costs by $484 million per …
Russia's equity benchmark finished higher after the close on Thursday, supported by advances in the Oil & Gas, Power and Telecoms sectors. The MOEX Russia Index rose 0.49% as a greater number of issues gained than declined. Energy-related contracts and crude oil prices moved higher, while gold futures fell. Currency pairs involving the ruble st…
Gap Inc. said it expects annual adjusted earnings below Wall Street consensus, driven in part by U.S. import tariffs that have shaved gross margins and by customers dialing back non-essential purchases. The company flagged a 200 basis point impact to current-quarter gross margins from tariffs and reported modest same-store sales gains that missed e…
U.S. officials are weighing a new set of export controls for artificial intelligence chips that could condition large-scale shipments on foreign investment in U.S. AI data centers or on security guarantees. The proposal is still under debate and not finalized. If adopted, it would mark the first formal effort to manage the outward flow of AI chips …
Brazil's Bovespa index closed down 2.32%, reaching a one-month low, with the Financials, Real Estate and Consumption sectors leading declines. Market breadth was negative, though individual stocks such as Braskem and Prio posted notable gains. Volatility as measured by the CBOE Brazil ETF Volatility declined, while commodity and currency moves were…
Crude oil prices fell and U.S. stock indexes rose on Thursday afternoon after reports said China is engaging Iran to secure safe passage for oil and liquefied natural gas vessels through the Strait of Hormuz. The talks come amid an escalating U.S.-Israeli confrontation with Tehran that has entered its sixth day and follow a period in which the stra…
Serve Robotics Inc (NASDAQ:SERV) shares fell 3.7% on Thursday after a short-seller report raised fresh doubts about the company’s expansion prospects amid mounting resident resistance and documented operational problems in multiple cities, particularly Chicago. Local officials have signaled limits on geographic expansion and community petitions and…
Walmart shares dropped 3.7% on Thursday after an Erste Group analyst lowered his rating from Buy to Hold citing stretched valuation. The move came amid a wider market pullback sparked by renewed Middle East tensions, higher oil prices and investor worries about inflation and the timing of Fed rate cuts. Consumer staples were hit hard, with the sect…
Court-authorized messages and a federal police probe allege that two senior central bank supervisors privately advised Daniel Vorcaro, the owner of liquidated Banco Master, and may have received payments tied to sham consulting contracts. The revelations expand a criminal investigation that has already implicated pension funds, a state lender and s…
Nasdaq said its Texas exchange will become fully operational at the close of trading on Thursday after regulators approved its listing rules. The exchange is now legally domiciled in Texas and will offer U.S. issuers a Texas-based listing option; several companies are expected to take dual listings. Nasdaq’s move is designed to deepen its presence …
Goldman Sachs argues that artificial intelligence could materially reshape segments of the property and casualty market, favoring commercial insurers that serve large, multinational clients and brokers handling complex risks. The bank upgraded American International Group to Buy on prospects for stronger earnings growth and improving return on equi…
Jefferies has identified Warrior Met Coal and Peabody Energy as its highest-rated stocks in the coal mining sector, citing current market positions and recent quarterly financial improvements. Warrior Met Coal, a metallurgical coal producer, holds the top slot, while Peabody Energy ranks second after reporting results that exceeded expectations for…
Two Democratic lawmakers, Representative Mike Levin and Senator Chris Murphy, are developing legislation aimed at restricting prediction market activity following well-timed wagers tied to recent U.S.-Israeli air strikes in Iran. The move responds to concerns that such platforms may enable trading based on prior knowledge of military actions, creat…
Trading Thursday produced pronounced moves across the market spectrum, with semiconductor-equipment names Lam Research (LRCX) and Applied Materials (AMAT) among the larger decliners and other stocks such as Trade Desk (TTD) posting notable gains. The session featured heavy losses in some mid- and small-cap names alongside outsized percentage advanc…
Traders face a dense slate of U.S. economic releases on Friday, March 6, 2026, led by the monthly nonfarm payrolls report along with the unemployment rate and average hourly earnings. Retail sales and core retail sales will offer a contemporaneous read on consumer demand. A broad set of supplemental indicators - from factory orders and business inv…
Vizsla Silver on Thursday confirmed that two additional employees have been found dead and that three others remain missing after a group of 10 workers was abducted from its Panuco silver project in Concordia, in the Mexican state of Sinaloa. The company said it is cooperating with authorities as search efforts and an investigation continue. Shares…
Oracle is preparing to cut thousands of jobs amid mounting costs tied to an expansive AI data-center program, Bloomberg reported. The company is racing to finance infrastructure to support customers including OpenAI, xAI and Meta and has signaled plans to raise $45 billion to $50 billion this year. Internal hiring reviews and targeted reductions in…
Oracle is planning thousands of job cuts as it reallocates resources to support an expansive AI-focused data center program. The reductions, which may begin as soon as this month, will span multiple divisions and include roles the company expects will be less necessary as AI deployments evolve. The moves accompany a pause or review of many open clo…
Venezuela's acting President Delcy Rodríguez has formally signed oil agreements with international oil major Shell, state television reported on Thursday, while providing no further information about the scope or terms of the deals. The broadcast showed Rodríguez at a meeting with suit-clad attendees, among them U.S. Interior Secretary Doug Burgum,…
