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
South Korean equities tumbled as a renewed global selloff in artificial intelligence-linked stocks battered semiconductor names. KOSPI fell as much as 7% as heavyweight memory producers and other tech names slid, while the shock spread through Japan and Taiwan even as some mainland Chinese benchmarks held up. Investors prioritized concerns about th…
Asian semiconductor equities weakened on Thursday following a steep selloff in U.S. chipmakers overnight. Market participants reacted to reports that OpenAI achieved substantial inference-cost reductions through software optimizations and that Meta Platforms is exploring a cloud business to sell unused AI computing capacity. The developments raised…
U.S. stock futures were largely unchanged on Wednesday evening after a choppy trading day left the major indexes lower. Traders are focusing on a June nonfarm payrolls report due Thursday and following indirect U.S.-Iran talks in Doha, while crude oil eased in Asian trade, tempering recent inflation concerns.
U.S. officials are reported to be in advanced discussions with major AI developers to establish voluntary standards governing the release of new models, with an announcement potentially coming as soon as next week. The proposed framework would outline benchmarks, timelines and access rules for advanced systems, and follows recent executive action a…
On July 1 Bayer announced it will fold its U.S. glyphosate operations into its Ruveon unit, steps taken a day after the company asked U.S. authorities to impose duties on Chinese imports of the herbicide ingredient. The move, framed as part of a five-year restructuring of its Crop Science division, assigns Ruveon responsibility for pricing, market …
South Korea's consumer price index rose 3.2% year-on-year in June, the strongest pace since December 2023, with a 0.1% monthly increase. Elevated global oil prices and a softer South Korean won were cited as the main contributors to the acceleration in inflation. The data adds weight to the prospect of a policy rate increase at the Bank of Korea's …
Northern Star Resources has named Suresh Vadnagra, formerly of Glencore, as its next chief executive officer effective October 5, and will replace its chairman after the November annual general meeting. The moves come as Elliott Investment Management disclosed a stake of more than A$1 billion and pressed for management and board changes amid sustai…
Viking Acquisition Corp. II completed the pricing of its initial public offering on July 1, 2026, selling 20,000,000 units at $10.00 per unit to raise $200 million. Units are slated to begin trading on the New York Stock Exchange under the symbol VII U, with Class A shares and warrants expected to trade separately under VII and VII WS once split. C…
A proposed class action filed in Manhattan federal court alleges that StubHub failed to provide World Cup tickets purchased on its secondary marketplace, leaving fans with travel expenses and cancelled seats. The complaint accuses the resale platform of false advertising and violations of consumer protection laws; StubHub has attributed the problem…
The U.S. Treasury has designated two BlackRock iShares ETFs as the primary investment vehicles for the administration's new child savings program, called Trump Accounts, and named Vanguard's Total Stock Market ETF as an alternate. The program will begin on July 4 with a $1,000 seed deposit for each eligible child born between 2025 and 2028.
Centrus Energy (NYSE:LEU) saw its shares rise 2.1% in after-hours trading following the announcement of a $900 million contract with the U.S. Department of Energy for uranium enrichment services. The agreement includes options that could increase the value to $1.07 billion and underpins a planned multi-billion-dollar expansion at the company's Pike…
Meridian3 Industrials Acquisition Corp has set the price for its initial public offering at $10.00 per unit, selling 17,500,000 units to raise $175 million. The units are slated to list on the Nasdaq Global Market under the symbol MIACU beginning July 2, 2026, with the offering expected to close on July 6, 2026, subject to customary closing conditi…
Cleveland-Cliffs Steel Corp. has won a $400 million indefinite-delivery/indefinite-quantity (IDIQ) contract from the U.S. Department of War to supply grain oriented electrical steel to U.S. military services. The five-year agreement, announced by the Defense Logistics Agency, runs through a performance completion date of Sept. 8, 2030 and will be f…
US Foods Inc. has been awarded a $43,585,769 contract modification by the Defense Logistics Agency Troop Support in Philadelphia to extend its existing food supply agreement with the U.S. military by 364 days. The modification lengthens the ordering period for contract SPE300-21-D-3319 to July 3, 2027, with funding provided through fiscal 2026 and …
Mexico's main equity benchmark, the S&P/BMV IPC, advanced 0.42% at Wednesday's close, led by strength in Industrials, Consumer Goods & Services and Consumer Staples. Market breadth favored winners, with 135 stocks rising versus 102 decliners. Notable individual movers included Gentera, Genomma Lab and Bolsa Mexicana De Valores on the upside, while …
AeroVironment Inc. (NASDAQ:AVAV) saw its shares rise in after-hours trading after the U.S. Department of War awarded the company a $500 million firm-fixed-price contract to procure commercial counter-unmanned aerial systems and counter small-unmanned aerial systems capabilities. The agreement names the Army Contracting Command at Detroit Arsenal as…
Colombia's benchmark COLCAP finished the trading session lower on Wednesday, weighed by losses in Financials, Investment and Public Services. While some large-cap stocks rallied strongly, notable declines in energy and construction-related names pressured the index. The market saw outsized moves in both directions, with Etb surging to a 52-week hig…
Dan Ives, a long-standing technology analyst, is leaving his role at Wedbush Securities to found a merchant bank that will integrate research, advisory, capital raising and investing. The new firm will concentrate on opportunities tied to artificial intelligence and other structural economic shifts, with planned activity across technology, energy a…
The MOEX Russia Index finished Wednesday's session down 0.16% as declines in the Power, Mining and Oil & Gas sectors weighed on the market. Market breadth was slightly negative, a major residential developer slumped the most, and commodity prices moved unevenly with crude oil falling and gold edging higher.
Bridgewater Associates' Pure Alpha macro fund delivered an 8.1% gain in the first half of the year, navigating a volatile environment that included fallout from the Iran conflict. The firm’s AI-directed AIA Macro fund also returned 8.1% over the same period, while broader U.S. equity benchmarks approached record territory. These results arrive alon…
A federal judge issued a preliminary injunction blocking Colorado’s planned cap on the price of Amgen’s arthritis treatment Enbrel, finding the drugmaker would likely suffer significant and irreparable harm and that capping a patented drug’s price is not an available option for the state. Colorado had set the cap in October, and the measure was to …
Apple is developing refreshed iPad Pro models and a redesigned entry-level MacBook Pro as part of a product slate aimed at 2027, the 20th anniversary year of the iPhone. The firm is reportedly testing four iPad Pro units that will keep existing 11-inch and 13-inch screen sizes, focusing on internal upgrades such as faster processors. Separately, a …
S&P Global Ratings cut all ratings on Dish DBS Corp. to D after the EchoStar Corp. subsidiary filed for Chapter 11 on June 30, 2026. The move came ahead of a $2 billion secured-note maturity and followed a previously negotiated restructuring support agreement, with the company saying a delayed spectrum sale to AT&T left it unable to meet the schedu…
Moody's Ratings affirmed KLA Corporation's A2 rating on its senior unsecured notes and moved the outlook from stable to positive, citing expected mid- to upper-teens annual revenue growth over the next 12 to 18 months. The upgrade in outlook reflects stronger demand for process control tools tied to leading-edge logic chips and high-bandwidth memor…
SoftBank Group has reopened talks with a lending group on a potential $10 billion margin loan backed by its ownership stake in OpenAI. After earlier pushback from banks wary of valuing private-company shares, SoftBank is now proposing to guarantee repayment to provide lenders recourse if the collateral falls in value. The financing would take the f…
