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.
29,905 total articles
Samsung Electronics has guided to an all-time high operating profit for the second quarter, attributing the surge largely to artificial intelligence-related demand for memory products. The company expects operating profit of 89.4 trillion won on revenue of 171 trillion won for the three months ended June 30, with the memory business cited as the pr…
A marked rise in corporate disclosures about rare-earth shortages is signaling growing risk to Japan’s industrial and consumer sectors after China restricted shipments of key minerals following political tensions. Government and industry efforts to diversify supplies and build stockpiles are underway, but companies warn of potential production and …
Viking Acquisition Corp. II completed an initial public offering of 23,000,000 units at $10.00 per unit, producing $230 million in gross proceeds. The offering included a 3,000,000-unit full exercise of the underwriters' over-allotment option. Units began trading on the New York Stock Exchange under the symbol VII U on July 2, 2026. The company, fo…
On July 6, a federal judge dismissed a pro se lawsuit alleging Taylor Swift lifted phrases from a Florida poet's work for more than a dozen songs. The court found the challenged material consisted of unprotectable ideas, themes, metaphors and isolated words, and concluded the plaintiff failed to show Swift had seen the poems or that the songs and p…
Rivian Automotive disclosed an underwritten public offering of 75 million Class A shares priced at $20.14 each, and provided preliminary Q2 2026 revenue guidance that showed year-over-year growth. The capital raise, which includes a 30-day option for underwriters to buy up to 11.25 million additional shares, sent the stock lower in after-hours trad…
On July 6, the U.S. Department of Health and Human Services made available more than $281 million in grant opportunities through the Substance Abuse and Mental Health Services Administration (SAMHSA). The funding spans 15 programs targeting substance use disorder treatment, suicide prevention, trauma care, recovery supports, workforce development a…
Exyn Technologies reported revenue of $1.19 million for Q1 2026, a 2.3% decline from the prior year, while gross profit increased 16% to $0.50 million and gross margin rose to 42.2%. Operating expenses grew amid the transition to public-company operations, widening the net loss to $3.24 million. The company completed a May 2026 IPO that generated a…
Mexican stocks closed higher on Monday with the S&P/BMV IPC up 0.61%, led by gains in Industrials, Consumer Goods & Services and Consumer Staples. Bolsa Mexicana De Valores, America Movil and Grupo Carso were among the session's top advancers, while Wal Mart de Mexico, Grupo Comercial Chedraui and Becle ranked among decliners. Market breadth favore…
Rivian Automotive disclosed an underwritten public offering of 75 million common shares and projected preliminary second-quarter revenue above prior-year levels. The announcement prompted an 8.4% decline in the company's shares in after-hours trading. Rivian said net proceeds will support general corporate purposes, including equity contributions t…
Colombian stocks closed lower on Monday, with losses concentrated in the Financials, Investment and Public Services sectors. The COLCAP index registered a 0.00% decline. Top session performers included Etb, Ecopetrol and Grupo Cibest; the laggards were Grupo Nutresa, Promigas and Grupo Bolivar. Commodity moves in coffee, cocoa and gold, and stable …
Lockheed Martin Corp. has been awarded two U.S. military contracts that together exceed $203 million. One contract covers AEGIS ship integration and testing, with options that could lift its value to more than $1.38 billion and work extending through 2036 if exercised. The second contract covers software sustainment for the C-5 Galaxy and carries a…
L3Harris Technologies Integrated Systems L.P., operating as Aeromet, received an indefinite-delivery/indefinite-quantity (IDIQ) contract with a ceiling of $499,573,000 from the U.S. Department of War to support the Missile Defense Agency Flight Test Airborne Sensors program. Work covers aircraft and sensor operations, mission planning, flight test …
Russia's equity market closed lower on Monday, with the MOEX Russia Index falling 2.26% to a new three-year low. Losses were concentrated in the Power, Mining and Oil & Gas sectors. Major moves included steep drops in several financial and industrial names and a rise in implied volatility, while gold and oil showed divergent intraday directions.
Walmart and Sam’s Club said they are lowering prices on a broad range of summer merchandise, cutting costs on groceries, household essentials, outdoor items, toys and apparel. The rollbacks include specific reductions on beef, fresh produce and packaged goods at Walmart, and more than 250 discounted items at Sam’s Club. Discounted products are avai…
Ukrainian forces struck the Gazprom Neft-owned Omsk oil refinery deep in Siberia, triggering a fire and prompting Russian regional authorities to report that most attacking drones were intercepted. Kyiv and a Ukrainian defence technology firm said upgraded FP-1 drones carried out the sortie, marking one of the longest-range strikes in the conflict …
Crinetics Pharmaceuticals shares jumped almost 99.6% in after-hours trading after Vertex Pharmaceuticals announced a definitive agreement to acquire the San Diego rare endocrine-disease specialist for $85.00 per share in cash. The deal implies an equity value near $10.0 billion - roughly $8.8 billion after estimated cash - and focuses on Crinetics'…
Aligos Therapeutics saw a near 20% pop in after-hours trading following disclosure of a licensing agreement that will deliver a $25 million upfront payment from Xiamen Amoytop Biotech for rights to develop and commercialize pevifoscorvir sodium in Greater China. The pact includes up to $420 million in milestone payments, tiered high single-digit ro…
Toyota Motor Corp. said it will invest $3.6 billion to expand its San Antonio manufacturing campus, adding a second vehicle assembly line, doubling the plant's footprint and creating 2,000 jobs by 2030. The company plans to move Tacoma midsize truck production from its Baja California, Mexico facility to the expanded Texas plant over about four yea…
Kroger shares declined 1.3% in after-hours trading Monday after President Trump announced that Walmart agreed to lower prices on a range of products at the administration's request to mark the nation's 250th birthday. The president highlighted an almost 15% reduction on a pound of ground beef and urged other retailers to follow suit, a move that he…
Toyota Motor Corp will build a $3.6 billion automotive manufacturing plant on its San Antonio campus, moving some Tacoma pickup production from a Baja California plant in Mexico to the new Texas facility once it opens by 2030. The 2.5-million-square-foot factory is expected to employ 2,000 workers. Toyota said it will keep Tacoma production at its …
The US Forest Service is scheduled to issue a record of decision authorizing South32 Ltd.'s roughly $2 billion zinc and manganese mine in southern Arizona after the project received fast-track permitting from the Trump administration. The site, which hosts one of the world’s largest undeveloped zinc deposits and additional minerals used in steelmak…
Piper Sandler released a sector-by-sector rundown identifying favored equities in three software subsegments. The firm called out leaders in Security & Infrastructure Software, Digital Infrastructure & Connectivity Software, and Enterprise Software platforms, noting recent performance patterns, stabilizing multiples and areas of investor focus ahea…
Richard Heathcote, who stepped down as chief investment officer of Tether Holdings SA in March, is working with PJT Partners to sell a portion of his 1.26% ownership in the stablecoin issuer. Discussions with prospective purchasers are ongoing and Tether has granted Heathcote permission to sell shares. The move occurs as the company awaits results …
Jefferies has kept a cautious view on Nickel Industries (ASX:NIC) even after the company completed a series of stake purchases that raise its attributable exposure to high-pressure acid leaching (HPAL) projects in Indonesia. While the brokerage accepts the deals can be accretive, it warned that Indonesia's policy approach - described as "capricious…
Shares of Context Therapeutics Inc. rose 2.7% in after-hours trading Monday after the company was named to both the Russell 2000 and Russell 3000 indexes effective at the close of U.S. markets on June 26, 2026. Inclusion in these benchmarks often prompts index funds and institutional managers to adjust holdings, which can affect demand for newly ad…
