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.
29,943 total articles
SpaceX plans to start building an eight-mile natural gas pipeline called "Starpipe" to supply its Texas Starbase launch complex, with service expected by January 26, filings show. The pipeline would deliver feedstock for a liquefaction facility to produce liquid methane for Starship, supporting an accelerated launch cadence that SpaceX aims to scal…
Palantir Technologies shares fell sharply, touching a fresh 52-week low as richly valued software names are repricing amid fears about AI agents eroding subscription economics. Sector-wide derating, activist short pressure, a European contract shift, insider sales and an elevated macro backdrop combined to push PLTR down, leaving the stock exposed …
Caterpillar shares climbed sharply, reaching an all-time high after confirmation that Solar Turbines, a Caterpillar unit, will supply generation capacity for a major West Texas power project backed by Chevron and Microsoft. The contract, combined with robust quarterly sales growth, a record backlog and higher analyst targets, reinforced the narrati…
Strategy Inc. stock fell 7.6% to a 52-week low of $85 amid a CryptoQuant report urging the company to stop adding Bitcoin and rebuild cash reserves. The report highlighted a 38% decline in U.S. dollar cash since the start of 2026, ballooning annualized dividend obligations and large unrealized losses on the Bitcoin treasury, while preferred-stock f…
Microsoft shares fell 3.0% in afternoon trading to $354.50, marking a new 52-week low as three company-specific developments combined to push the stock sharply lower. EU regulators signaled a potential Digital Markets Act gatekeeper designation for Azure, a peer-reviewed critique in Nature cast doubt on Microsoft’s Majorana 1 quantum claims, and St…
American Express Co. saw options turnover total 26,525 contracts by 2:00 p.m. New York time on Thursday, with call options representing the clear majority of activity. The June 26, 2026 $365 call was the single most-traded instrument, and several structured call spreads for July expirations also registered large block volumes. Reported open interes…
Options trading in Denali Therapeutics Inc. rose to 2,291 contracts by 2:10 p.m. New York time on Thursday, with call activity accounting for the majority of trades. The July 17, 2026 $30 call comprised the largest single series trade, while implied volatility and the 90/110 skew both increased. Shares were modestly higher.
Waymo has formally registered a German subsidiary, Waymo Germany GmbH, signaling a concrete step toward expanding its autonomous ride-hailing operations beyond the United States. The company filed the paperwork last month and the entity received registration on June 15. The new entity is authorized to operate driverless ride-hailing services and to…
Financial markets enter Friday, June 26, 2026, with a busy economic calendar that includes the monthly goods trade balance, multiple components of the University of Michigan consumer sentiment survey, remarks from two Federal Reserve officials, the weekly Baker Hughes rig counts and a suite of Commodity Futures Trading Commission weekly Commitments…
During its October-to-June term the U.S. Supreme Court ruled on and heard arguments in a broad slate of cases with far-reaching consequences. The justices issued decisions and signaled positions on questions ranging from presidential authority over tariffs, independent-agency removal protections and executive power to fundamental civil rights issue…
Microsoft said it will increase Xbox console prices worldwide effective August 1, raising 512 GB units by $100 and 1 TB units by $150 while discontinuing the 2 TB model. The company attributed the move to a sharp rise in storage and memory costs driven by a global components shortage and warned of further cost escalation through 2027. The announcem…
Stellantis NV and Nissan Motor Co. are engaged in negotiations to acquire specific business units from Marelli Holdings Co., which is in the midst of a Chapter 11 reorganization. Stellantis is reportedly pursuing Marelli's suspensions businesses in several countries, while Nissan is exploring cockpit-related assets in Japan. The talks form part of …
Microsoft will increase prices on select Xbox consoles effective August 1, 2026, raising 512 GB models by $100 and 1 TB models by $150, while discontinuing its 2 TB model. The company cited steep increases in console storage and memory costs and outlined financing, trade-in and refurbished hardware programs to mitigate customer impact.
Microsoft announced enhancements to Copilot in Excel aimed at finance teams, introducing reusable 'skills' for common financial processes, expanding third-party financial data connectors, and adding a Plan with Copilot feature plus edit attribution to improve traceability. Several features are generally available to Microsoft 365 Copilot customers,…
JPMorgan Chase elevated Doug Petno and Troy Rohrbaugh to co-president roles as part of a leadership reshuffle that brings succession planning for long-serving CEO Jamie Dimon into sharper relief. The appointments reposition Rohrbaugh into consumer banking leadership and keep Petno at the helm of the Commercial & Investment Bank (CIB). Other senior …
Doncasters Group saw its stock climb 33.3% in its first day of trading on the New York Stock Exchange, opening at $44 per share against an initial public offering price of $33. The company sold 27.9 million shares in the offering, which raised $919.3 million and was priced above the previously marketed range of $28 to $32. The move comes amid a rec…
Credit-default swaps tied to SpaceX started trading on Thursday, following the company’s first high-grade bond issuance earlier this week. Dealers began making markets after the company sold $25 billion of bonds on Tuesday, with five-year protection priced at about 1.255 percentage points annually and SpaceX 10-year notes widening since the offerin…
Bank of America downgraded PVH Corp to Underperform from Neutral and reduced its price objective to $70 from $90. The downgrade reflects PVH’s significant exposure to Europe, the Middle East and Africa (EMEA), where geopolitical tensions and a weakening macro backdrop are eroding consumer demand, tourism and wholesale activity. The bank also trimme…
Apple plans to release a base M6 processor for entry-level Mac systems as early as this year while foregoing Pro and Max variants for that generation. Instead, the company will consolidate higher-end Mac silicon into the M7 generation, scheduled for 2027, a move aimed at fast-tracking technologies for on-device artificial intelligence and more grap…
Ferrari’s first electric model, the four-door Luce, has prompted strong reactions since its reveal. Chief Product Development Officer Gianmaria Fulgenzi said the car’s appearance and packaging require time for people to absorb, while Ferrari maintains customer demand is robust and denies reports that buyers are being compelled to purchase the Luce …
Bumble has begun exploring a potential sale and is working with Morgan Stanley, according to people familiar with the matter. The move comes as the dating app faces declining paying users and lower revenue, and Blackstone — a significant shareholder — and other parties have declined to comment. No transaction is certain and the company may choose t…
Bumble Inc. (NASDAQ:BMBL) saw its share price rise about 15% after reports that the company is exploring a potential sale and is working with Morgan Stanley. Sources say the process is not certain and the company may remain independent; Blackstone, which holds roughly 22% of the company, declined to comment. The outreach occurs against a backdrop o…
ServiceTitan shares slipped in mid-day trading after filings showed director and institutional sales totaling roughly $6 million. The decline came despite the company reporting strong early results for its Max AI offering; broader weakness in growth software stocks and higher-than-expected inflation readings compounded the negative sentiment.
Velo3D shares dropped sharply in mid-day trading after Morpheus Research disclosed a short position and published a report asserting that the company's relationship with SpaceX is a "sham" and that its operational recovery and new parts-selling initiative are overstated. The decline follows a week of heavy selling and comes despite a Buy initiation…
Polestar shares tumbled after the U.S. Department of Commerce’s Bureau of Industry and Security declined to authorize the automaker under the Connected Vehicle Rule, preventing it from selling cars in the U.S. beginning with model year 2027. The decision, tied to Polestar’s majority ownership by Geely, contrasts with a waiver granted to Volvo and p…
