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.
29,906 total articles
Northrop Grumman Corp. (NYSE:NOC) has been awarded three Department of Defense contracts totaling about $68 million. The largest award, valued at $49 million, covers sustainment, logistics support and engineering services for the Joint Tactical Ground Station (JTAGS) program through mid-2027. Two additional modifications to work at the companys El…
Lockheed Martin was granted three separate U.S. defense contracts totaling more than $3.1 billion. The largest is a nearly $3.0 billion award for production and engineering of the Sentinel A4 radar. Two additional naval-related contracts were awarded for Spain's F-100 mid-life upgrades and for additional MK 41 Vertical Launching System modules and …
Osprey Acquisition Corp. III priced an offering of 26,100,000 units at $10.00 each, raising $261 million. The units will begin trading on the Nasdaq Global Market under the symbol OSPRU on July 1, 2026, with the deal expected to close around July 2, 2026. Each unit contains one Class A ordinary share and one-third of a redeemable warrant; full warr…
Russia's equity benchmark finished slightly lower on Tuesday, dragged by declines in the Oil & Gas, Manufacturing and Telecoms sectors. The MOEX Russia Index closed down 0.17%, while market breadth showed modestly more advancing issues than decliners. Volatility indicators and moves in commodities and currency pairs added nuance to the session.
Allison Transmission Holdings Inc. will be incorporated into the S&P MidCap 400 index, while Goodyear Tire & Rubber Co. will exit the MidCap gauge to join the S&P SmallCap 600. The moves take effect before trading opens on July 6 and are tied to a pending acquisition that reassigns a slot in the small-cap index.
President Donald Trump’s annual financial disclosure lists $236.25 million in net proceeds from token sales through World Liberty Financial LLC and details more than $370,000 in gifts, including high-value sports tickets and a $250,000 statue. The 927-page filing also records millions in licensing income for the first lady and Vice President JD Van…
Abivax SA ADR climbed in after-hours trading following release of Phase 3 ABTECT Maintenance Part 2 results for obefazimod in moderately to severely active ulcerative colitis. The readout reported measurable remission rates among induction non-responders and a safety profile that aligns malignancy incidence with published background rates, promptin…
Google has introduced a macOS beta of Gemini Spark and broadened the assistant's connections with third-party applications. The update also adds the ability to monitor topics and trigger updates in real time across a range of data sources. The macOS release is available to eligible Google AI Ultra subscribers in the United States, and app integrati…
Shares of Bloom Energy surged in after-hours trading after the company and Brookfield announced an expansion of their strategic AI infrastructure financing framework from $5 billion to $25 billion. The commitment, part of Brookfield’s AI Infrastructure Fund, is slated to finance global deployments of Bloom’s solid oxide fuel cell systems at hypersc…
Michael Burry disclosed a new short position in Caterpillar, saying the construction equipment maker has become overvalued as investors treat it as a play on AI infrastructure spending. He said he shorted Caterpillar at $1,060.98 and also opened short positions in Nvidia, Applied Materials, Tesla and the iShares Semiconductor ETF. Burry pointed to …
Constellation Brands reported a first-quarter profit that exceeded analyst forecasts, driven by stronger demand for its beer portfolio and favorable factors including lower prices, targeted marketing and the removal of aluminum tariffs. While overall net sales declined year-on-year, the beer business posted growth and management left its fiscal 202…
KKR has reached an agreement to acquire the North American operations and assets of EDF power solutions for an equity value of about $4.2 billion, with potential additional consideration of up to $390 million. The purchase includes a portfolio of solar, wind, and battery storage assets and an operations platform serving utilities, corporations, and…
Intuitive Machines announced a firm-fixed-price contract from NASA worth up to $148.3 million to supply a production-line-qualified Nova-C lander to the lunar surface no later than 2028. The award — the company's sixth Commercial Lunar Payload Services (CLPS) contract from NASA — comprises a $68.6 million base amount plus a $79.7 million performanc…
Stefano Donnarumma has resigned as CEO of Italy’s state-controlled rail group after an extended period of disagreements with the government. The disputes centered on repeated service disruptions tied to maintenance and upgrade works, contested corporate integrations and a proposed strategy to seek foreign investment for high-speed rail. Ferrovie de…
Three leading semiconductor companies - Micron Technology, Intel and AMD - collectively increased their market capitalizations by roughly $2 trillion in the second quarter as investors allocated capital beyond Nvidia. The surge was driven by rising memory prices, renewed CPU demand, and strength across AI-related infrastructure vendors.
After the bell, Nike slipped even after an earnings beat as management flagged persistent sell-through weakness; Bloom Energy jumped on a fivefold expansion of Brookfield financing; Constellation Brands rose after a strong fiscal quarter and upbeat guidance; Transocean secured a large Equinor contract that lifts its backlog and day-rate profile.
Arbor Realty Trust said it plans to sell $300 million of convertible senior notes due 2029 in a private placement, triggering a 3.4% decline in its shares during after-hours trading. The company intends to use a portion of the proceeds to repurchase stock and to redeem outstanding senior notes maturing in 2026, while remaining terms including inter…
Papa John’s International Inc. saw its stock fall in after-hours trading on Tuesday after the company disclosed that Chief Financial Officer Ravi Thanawala will depart to become CFO at another public company. Chris Collins has been named interim CFO, and Thanawala will remain available in an advisory role through July 31, 2026 as the company conduc…
Michael Burry disclosed new short positions against several firms tied to artificial intelligence and semiconductors, including Tesla, Nvidia, Caterpillar, Applied Materials and the iShares Semiconductor ETF. He revealed the trades in a Substack post titled Trading Post June 30, 2026 and did not disclose position sizes or structures.
Wall Street estimates point to a roughly 5% increase in Tesla vehicle deliveries in the June quarter, led by stronger demand in Europe as fuel prices rise. China demand is expected to remain steady while North American deliveries face pressure amid the upcoming expiration of the federal EV tax credit.
Bloom Energy and Brookfield have raised their joint financing framework for fuel cell projects aimed at powering AI infrastructure to $25 billion, a fivefold increase from an earlier agreement. The move is designed to speed global deployment of Bloom’s fuel cell technology to data centers as operators seek cleaner and more reliable energy solutions…
Transocean Ltd. said it has reached a contract with Equinor worth in excess of $1 billion for three Cat D harsh-environment semisubmersible rigs on the Norwegian shelf. The agreement increases Transocean's backlog by more than $1 billion across seven rig years, sets a base day rate at $399,000 with provisions likely to raise the effective rate abov…
U.S. equity benchmarks finished higher on Tuesday, with the Dow Jones Industrial Average closing at a fresh record. Strength in Technology, Industrials and Basic Materials supported the advance, while notable individual losers dragged on certain sectors. Market breadth was mixed across the two main exchanges, and implied volatility fell as oil and …
Canadian equities closed modestly higher on Tuesday, with the S&P/TSX Composite gaining 0.10% as pockets of strength in Healthcare, Clean Technology and Information Technology supported the market. A small group of top performers led gains, while several resource and communications names posted sharp declines. Trading breadth was narrowly positive …
Brazil's benchmark Bovespa index closed down 0.68% on Tuesday, led by weakness in the Consumption, Basic Materials and Financials sectors. Market breadth tilted negative, with more decliners than advancers. Notable movers included gains for Natura & Co, Embraer and Engie Brasil Energia, while Braskem, Sendas Distribuidora and Azzas 2154 posted some…
