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.
29,920 total articles
China’s ambassador to Canada, Wang Di, said Geely Holding Group’s Lotus brand electric vehicles will be delivered to Canada next month under an arrangement reached between Prime Minister Mark Carney and Chinese President Xi Jinping. The shipment marks the first Chinese-owned and manufactured cars to enter under a program allowing up to 49,000 Chine…
Meta CEO Mark Zuckerberg has asked company lieutenants to examine potential collaborations with Polymarket and Kalshi as Meta develops its own prediction-market application, Arena. The project is being trialed internally, would use points rather than real-money wagers, and is intended to target 18- to 34-year-olds with an eventual integration into …
Mexico's S&P/BMV IPC ended Friday lower, retreating 0.28% as declines in the Industrials, Consumer Goods & Services and Consumer Staples sectors pressured the market. Market breadth was mixed with 127 advancing stocks, 117 decliners and 12 unchanged. Select consumer staples and beverage names rose, while food producers and a major financial group p…
Lantheus Holdings shares fell about 0.7% in after-hours trade after the FDA issued a Complete Response Letter for the company’s New Drug Application for LNTH-2501. The agency said unresolved manufacturing-related conditions at a third-party drug product manufacturer prevent approval by the June 29, 2026 action date. The FDA did not raise concerns a…
Moscow equities finished higher on Friday, with the MOEX Russia Index advancing 0.97% as gains in oil and gas, mining and manufacturing stocks outpaced declines elsewhere. TATNEFT, AFK Sistema and LUKOIL were the session's top performers, while Unipro, PIK Group and ALROSA were among the laggards. Broader market breadth favored decliners, and volat…
Space Exploration Technologies Corp completed a $25 billion private placement of senior unsecured notes across five tranches, according to a Form 8-K filed with the SEC. The offering, which began on June 22, includes notes with coupons ranging from 5.35% to 6.65% and maturities from 2031 through 2056. The company agreed to exchange the privately pl…
Fitch Ratings upgraded Boeing's outlook to Positive from Stable while maintaining the company's long-term issuer default rating at 'BBB-'. The revision reflects confidence in the durability of the 737 MAX production recovery, steadying 787 output, a return to full-year profitability, and an expected shift to positive free cash flow in 2026. Fitch h…
TPG Inc. and Leonard Green & Partners have begun exploring a possible sale of Troon Golf, one of the largest golf course management companies in the U.S., by contacting investment banks to gauge buyer interest. Reports indicate a potential valuation above $2 billion, but the owners have not yet committed to pursuing a sale and could decide to retai…
U.S. stock indexes finished modestly lower on Friday, led by declines in the Industrials, Technology and Basic Materials sectors. The Dow Jones Industrial Average fell 0.11% at the NYSE close, while the S&P 500 lost 0.06% and the Nasdaq Composite declined 0.24%. The session featured outsized moves in specific names across all major indices, with se…
Canada's S&P/TSX Composite closed higher on Friday, advancing 0.37% as Real Estate, Information Technology and REITs were among the leading sectors. Large intraday moves included BlackBerry climbing to a five-year high and steep declines for several other names. Commodities showed divergence with gold futures higher and oil contracts falling.
Brazil's Bovespa index finished the session higher, buoyed by advances in Real Estate, Consumption and Public Utilities names. The benchmark rose 0.76% at the close in Sao Paulo. Totvs SA, Lojas Renner SA and C A Modas SA were among the session's top gainers, while Braskem SA, Suzano Papel e Celulose SA and Azzas 2154 SA logged the largest declines…
Alpex Acquisition Corporation closed an initial public offering of 11,500,000 units at $10.00 per unit, raising $115,000,000 including the full exercise of the underwriters' over-allotment option, the company said in a press release. Units began trading on the Nasdaq Global Market on June 25, 2026. The offering also included a concurrent private pl…
Magnolia Oil & Gas Corp. is the leading bidder to acquire WildFire Energy for in excess of $4 billion, a move that would mark the largest acquisition in Magnolia's history. People familiar with the matter told Bloomberg News the Houston-based shale producer is favorably placed in the auction for the driller, which is backed by Warburg Pincus and Ka…
Moody's has reaffirmed RingCentral's corporate family rating at Ba2 with a stable outlook and kept its probability of default rating at Ba2-PD, while cutting the grade on the company's senior unsecured notes to B1 from Ba3. The rating action reflects material progress in reducing debt and strengthening free cash flow, with Moody's projecting furthe…
S&P Global Ratings shifted its outlook on Dave & Buster’s Inc. (NASDAQ: PLAY) to negative from stable while affirming a B- issuer credit rating. The move follows a 5.4% drop in same-store sales in the first quarter of 2026 - the company’s thirteenth straight quarterly decline - and continued negative free operating cash flow when working capital ch…
United Natural Foods Inc. saw its shares decline 3.4% on Friday after company President Mark Bushway sold 10,000 shares worth $515,600. The sale, reported on a Form 4 filing, occurred in multiple transactions at prices between $51.52 and $51.72 and was executed via power of attorney by Jody L. Hyvarinen. Following the trades, Bushway continues to h…
The U.S. Commodity Futures Trading Commission has opened a new investigation into Polymarket, concentrating on social media activity linked to the platform. The inquiry follows reporting that the company paid content creators to stage fake trades to attract users and comes after prior examinations by the CFTC and the Department of Justice into whet…
Robinhood Markets rose 3.6% in afternoon trading following BTIG’s initiation of coverage with a Buy rating and a $125 price target. The broker-dealer cited a multi-pronged growth thesis and trading activity metrics, while a recently closed $2.2 billion zero-coupon convertible notes offering with capped call protections eased investor concerns about…
Paul Meade, the Apple vice president who led Vision Pro hardware engineering for seven years and was overseeing next-generation display-free smart glasses, is leaving Apple to run OpenAI's hardware efforts. Meade will depart by next week and is expected to build a family of AI-native devices at OpenAI. Apple’s Vision Products Group will be managed …
Industry leaders at a major lithium conference in Las Vegas said rising demand for stationary battery storage systems is helping to counter weaker electric vehicle (EV) sales in some regions. Producers and analysts described a market rebound driven by grid-scale and AI-related storage needs, noted growing conference attendance, and pressed governme…
Shares of oil and gas shipping companies fell on Friday after vessel movements through the Strait of Hormuz increased, relieving a bottleneck that had been supporting elevated freight rates. Major tanker names and several dry bulk operators posted notable declines, while Maersk slipped intraday in Copenhagen but closed the week with gains.
Apple shares rose 1.8% in afternoon trade to $280.11, rebounding from a steep decline triggered by news the company would raise prices 15%-25% across MacBook, iPad and home devices due to an unprecedented shortage of memory chips and storage components tied to surging AI data center demand. Analyst notes from several firms framed the earlier sellof…
Options volume in Sellas Life Sciences Group Inc. accelerated to 66,504 contracts by 2:10 p.m. New York time on Friday. Call purchases comprised the bulk of activity, while the stock rose 14.2% to $12.03. Several near- and longer-dated call strikes and a notable put saw heavy turnover, and the company’s three-month volatility and 90/110 skew widene…
Piper Sandler upgraded Crocs to Overweight from Neutral and raised its price target to $150 from $95, pointing to improving North America direct-to-consumer trends, signs of wholesale stabilization, product innovation and Heydude brand recovery. The firm projects stronger sales contributions from TikTok, anticipates cost savings and buybacks to bol…
Two Wall Street firms have recently advanced their views on American Tower, pointing to stronger organic revenue potential, favorable valuation, and upside from its CoreSite data center operations and AI-driven infrastructure exposure. The positive assessments arrive even as the tower sector faces short-term headwinds from elevated carrier churn, h…
