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.
9,356 total articles
Qualcomm said it will allocate as much as $150 million to a fund dedicated to artificial intelligence startups in India, a move underscored by CEO remarks at an AI summit in New Delhi. The company, which employs more than 20,000 people across three Indian cities, has benefited from strong demand for advanced processors driven by AI adoption.
Australian equities closed higher on Wednesday, with the S&P/ASX 200 finishing up 0.54%. Technology, A-REITs and consumer discretionary sectors supported the advance. Netwealth, Magellan Financial and Zip Co were among the largest gainers, while Capstone Copper, Judo Capital and Suncorp were the session's weakest performers. Volatility eased as the…
Alcoa of Australia will pay A$55 million (about $36 million) in enforceable undertakings over historical land clearing and will carry out a strategic assessment of present and prospective mining areas through 2045 under changes to Australia’s Environment Protection and Biodiversity Conservation Act. The company will cap land clearing, increase reha…
Nevada gaming regulators filed suit seeking to block Kalshi from offering event contracts that would permit Nevada residents to place financial bets on sports such as football and basketball. The legal action, filed by the Nevada Gaming Control Board, comes amid a broader dispute about whether state regulators or the Commodity Futures Trading Commi…
Billionaire investor John Paulson has disposed of his full shareholding in Trilogy Metals Inc., selling 14.3 million shares through Paulson & Co. in the fourth quarter of 2025. The sale ends an investment that spanned more than ten years and comes as the U.S. government advances plans to acquire a 10% stake in the Vancouver-based company, which is …
Asian equities edged up on Wednesday as technology shares, notably in Japan, recovered part of recent declines tied to AI-related concerns. Trading remained subdued with markets in several major economies closed for Lunar New Year. Investors are watching U.S. economic releases later this week, including Federal Reserve minutes and the PCE price ind…
Waymo told U.S. lawmakers that its remote personnel are not used to directly steer or drive its robotaxis in American operations, describing a global support model focused on advisory and emergency coordination roles. The self-driving unit of Alphabet outlined the scope and location of remote teams, noted rare training-only interventions, and highl…
A federal judge in Chicago dismissed a 2023 proposed class action accusing Buffalo Wild Wings of misleading consumers by marketing 'boneless wings' that are not actual wing meat. Judge John Tharp Jr. ruled the complaint failed to plead enough factual detail to state a claim, while allowing the plaintiff a window to amend the suit.
Suncorp Group reported a sharp fall in first-half profit, driven by a surge in natural hazard claims and weaker investment marks. Net profit after tax for the six months to Dec. 31 fell to A$263 million from A$1.1 billion a year earlier, while shares dropped nearly 5% to a near two-year low as the company disclosed A$1.3 billion in net weather cost…
California’s Department of Motor Vehicles has postponed a planned 30-day suspension of Tesla’s dealer and manufacturer licenses after the automaker ceased using the term "autopilot" in vehicle marketing within the state. The reprieve arrives as Tesla and other electric vehicle makers face a downturn in demand following the end of important sales-bo…
U.S. stock futures edged lower Tuesday evening after a modest, uneven rebound in technology shares. Market participants are positioning for a series of economic releases and the Federal Reserve's January meeting minutes, which are expected to offer additional clarity on the central bank's interest-rate outlook. Investors monitored heavyweights incl…
California Attorney General Rob Bonta is creating an AI oversight unit while pressing an investigation into Elon Musk-backed xAI after allegations its Grok chatbot produced sexualized images of real people, including potentially minors. The attorney general's office has sent a cease-and-desist to xAI, is seeking confirmation that the conduct has st…
CSL Ltd has entered an exclusive licensing agreement with Eli Lilly for clazakizumab, a treatment targeting heart and kidney disease. CSL will receive a $100 million upfront payment and may collect milestone payments and royalties. The announcement coincided with a modest intraday rise in CSL shares after the stock had plunged nearly 17% the previo…
Waymo responded to congressional inquiries by asserting that its remote assistance personnel do not directly control or drive robotaxis in U.S. operations. The company said it has not used remote driving or tele-operations to perform driving tasks, described narrow circumstances when U.S.-based staff might prompt a stopped vehicle to move short dis…
Borrowers identified as harmed in enforcement action against student loan servicer Navient have begun receiving payments from a $100 million compensation pool established by the U.S. Consumer Financial Protection Bureau. The disbursements follow a 2024 settlement that included a ban on Navient servicing federal student loans and a $120 million paym…
BlueScope Steel said it is evaluating a revised, unsolicited 'best and final' takeover proposal from a consortium led by SGH Ltd and U.S.-based Steel Dynamics that would value the company at about A$15 billion. The cash offer proposes A$32.35 per share via SGH, with North American assets to be sold to Steel Dynamics. BlueScope cautioned there is no…
Santos Ltd reported a 25% fall in underlying net profit after tax to $898 million for the 2025 financial year as softer commodity prices reduced realized sales values. Revenue declined 8% to $4.94 billion. Management announced plans to reduce headcount by around 10% to lower costs and align the company after a period of growth. The company declared…
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 $…
