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.
20,608 total articles
Australia-based Ionic Rare Earths has entered an agreement with U.S. critical-mineral refiner Nth Cycle to deploy the latter's recycling and refining technology, with the stated objective of strengthening rare-earth refining capacity outside China. The companies say the technology can reduce costs and address supply-chain vulnerabilities. IonicRE s…
SpaceX has told the Federal Aviation Administration that it aims to conduct 10,000 launches annually within five years. FAA Administrator Bryan Bedford said the agency needs to see materially improved reliability and is reviewing prior launch data and planning constraints to determine how to accommodate such growth while maintaining safety for air …
SpaceX's IPO filing lays out a wide-ranging web of commercial agreements, financing commitments and operational ties among Elon Musk's companies. The disclosures quantify intercompany purchases, investments and lease obligations that bind SpaceX, Tesla, xAI, X and other Musk-affiliated entities as SpaceX prepares for an IPO that targets an approxim…
Oceanhawk Acquisition Corp. priced a 16 million-unit initial public offering at $10 per unit, raising $160 million. The units will start trading on Nasdaq under the ticker OHACU on May 21, 2026, with ordinary shares and rights to trade separately later under OHAC and OHACR. The offering is expected to close on May 22, 2026, and includes a 45-day ov…
Samsung Electronics shares climbed sharply after the company and its largest union reached a tentative pay agreement hours before a planned strike. The suspension of strike action helped lift the KOSPI and buoyed chip-sector peers, while the union’s nearly 48,000 members will still vote on the proposal later this month.
Australia’s prudential regulator has warned that domestic private credit providers are vulnerable to risks originating overseas and will face closer supervision. In guidance to institutions, APRA said private credit volumes are small locally but that Australian banks, insurers and superannuation trustees remain exposed to international developments…
U.S. equity futures moved lower Wednesday evening as market participants weighed Nvidia’s strong quarterly results, upbeat revenue outlook and a large share repurchase plan against the chipmaker’s rich valuation. The after-hours reaction left Nvidia shares slightly lower, while Intuit tumbled after a revenue shortfall and a plan to cut about 17% of…
Anthropic told investors in recent fundraising materials that June-quarter revenue could reach at least $10.9 billion, more than double its $4.8 billion in the March quarter, positioning the San Francisco AI lab for a projected operating profit of $559 million in the quarter. SpaceX disclosed in its IPO filing that Anthropic agreed to pay $1.25 bil…
Elon Musk said SpaceX is offering AI compute as a large-scale service and is in talks with other companies to supply computing resources, following a disclosure that Anthropic has agreed to pay nearly $45 billion over three years. The commitments appear in SpaceX's IPO filing, which also outlines ambitions for orbital data centers and highlights th…
Ofcom has concluded that TikTok and YouTube have not presented substantial new measures to reduce children’s exposure to harmful material on their personalised recommendation feeds. The regulator’s research indicates a high prevalence of exposure among British children, and while some platforms have agreed to stronger protections, Ofcom urges clear…
A survey of Japanese firms shows roughly one-third are either using, planning to deploy, or considering AI-enabled robots, led by transportation equipment manufacturers. The poll also captured corporate views on government guidance to better deploy rising financial assets and the practicality of earlier securities reporting ahead of shareholder mee…
The White House is preparing an executive order establishing a voluntary process for engagement between federal authorities and AI developers ahead of public releases of advanced models. The measure, expected imminently, comes as factions within the president's political base clash over whether testing should be mandatory and as new, powerful model…
I Squared Capital, a consortium led by Vale SA and Gerdau SA, and Brisbane-based M Resources have progressed to the second phase of a competitive process to buy Porto Sudeste, a $5 billion port in Brazil currently controlled by Trafigura Group and Mubadala Capital. The facility, which was acquired by Trafigura and Mubadala in 2014 from MMX Mineraca…
Fitch Ratings downgraded Mercer International Inc.'s long-term issuer rating to 'CCC-' from 'B-' and lowered senior unsecured note ratings to 'CCC' with a recovery rating change to 'RR3' from 'RR4'. The agency cited sustained pressure in pulp and lumber markets that keeps leverage above 6.5x through most of its forecast period, a materially weaker …
On May 20, Space Exploration Technologies Corp. filed an S-1 registration statement to pursue an initial public offering that could set a record for proceeds raised in a debut. The company has designated the Nasdaq as its chosen trading venue. Market participants and strategists highlighted potential strategic and market implications, including ove…
Aperture AC has priced its initial public offering at $10 per unit, raising $90 million from the sale of 9 million units. Units will begin trading on the Nasdaq Capital Market under the ticker APURU on May 21, 2026, with the offering expected to close on May 22, 2026, subject to customary closing conditions. Each unit contains one Class A ordinary …
Fitch Ratings lifted AZZ, Inc.'s issuer rating to BB+ from BB and affirmed its senior secured term loan and revolving credit facility at BBB-. The move reflects substantial debt repayments in fiscal 2026, a marked decline in EBITDA leverage, and the companys stated preference for conservative leverage. Fitch also revised the Recovery Rating to RR2…
AT&T has filed suit against California regulators and the state attorney general seeking a court declaration that it is not required to continue offering legacy copper-wire telephone service to new customers, while committing $19 billion toward modern telecom investments and pursuing Federal Communications Commission approval to retire parts of the…
SpaceX's IPO filing pairs detailed financial disclosure with expansive descriptions of potential lunar and Martian ventures, positioning speculative long-term opportunities alongside conventional commercial activities. The filing warns some initiatives rely on nascent or non-existent technologies, while public-market optimism around Elon Musk and t…
Mexican equities finished the session higher, led by gains in Industrials, Consumer Goods & Services and Consumer Staples. The S&P/BMV IPC rose 0.49% at the close. Individual movers included a double-digit relative advance for an airline operator and declines among several large-cap names. Commodity markets and foreign-exchange pairs showed mixed r…
Colombia's stock market closed lower on Wednesday with the COLCAP index down 0.96%. Losses were concentrated in the Financials, Investment and Public Services sectors. Among individual movers, Ecopetrol led gains while Interconnection Electric SA ESP registered the largest decline. Commodities and currency pairs showed mixed moves alongside a modes…
NextEra Energy has agreed to acquire Caliber Resource Partners for $1.3 billion and will form a 50-50 joint venture with Quantum Capital Group to manage its U.S. shale and natural gas producing assets. The move, disclosed by sources, transfers Caliber’s passive interests into a new entity called NEQ Operating and positions NextEra to expand its nat…
Russian equities closed lower on Wednesday, with the MOEX Russia Index finishing down 1.00% as declines in the Mining, Oil & Gas and Power sectors pressured the market. Broad weakness was evident across many names, while measures of volatility and commodities showed divergent moves. Market breadth favored decliners by a wide margin, and several…
Elon Musk’s SpaceX has filed for a U.S. initial public offering, bringing it closer to what could become the largest stock market debut ever. Wall Street anticipates 2026 as a potential breakout year for U.S. IPO activity, supported by several high-profile private companies preparing for listings. OpenAI and Anthropic are also reported to be laying…
SpaceX filed publicly in May 2026 for what is expected to be the largest U.S. initial public offering ever, capping a multi-decade trajectory that moved commercial rocketry from experimental startup work to mainstream investment interest. The company’s history includes early launch failures and later firsts for private spaceflight, repeated tests a…
