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.
29,998 total articles
Kardigan, Inc. completed an initial public offering of 28,750,000 common shares at $16.00 apiece, producing gross proceeds of $460 million before underwriting fees and other expenses. The offering included the full exercise of an underwriters' option to purchase 3,750,000 additional shares. Shares trade on the Nasdaq Global Market under the ticker …
Gloo Holdings, Inc. announced a registration statement for a public offering of its Class A common stock, prompting a 5.7% decline in the company's shares in after-hours trading. The S-1 filing does not disclose the number of shares or pricing. Citizens Capital Markets and Roth Capital Partners are listed as underwriters, and the offering is subjec…
Shares of The Lovesac Company (NASDAQ:LOVE) rose about 7% in after-hours trading Monday after a company director disclosed a large stock purchase. Director Andrew Heyer bought 30,000 shares on June 18 for roughly $440,400, and President Mary Fox also added to her stake with a smaller purchase over the weekend.
Pfizer shares declined in after-hours trading following news that the company’s Phase 3 SigVie-002 study did not show a statistically significant overall survival advantage for sigvotatug vedotin versus docetaxel in patients with previously treated non-squamous non-small cell lung cancer. The clinical setback arrives as the company navigates a CFO …
MacroGenics Inc. saw its stock tick higher in after-hours trade after Sanofi triggered a $24.5 million regulatory milestone payment following FDA accelerated approval of TZIELD for children aged eight to 17 with newly diagnosed stage 3 type 1 diabetes. The approval broadens the drug's labeled use and leaves MacroGenics eligible for additional payme…
Avis Budget Group shares rose sharply in after-hours trading following a $650 million cash settlement from Pentwater Capital Management LP. The payment resolves an SEC-filed legal action under Section 16(b) tied to a volatile short squeeze and a large, rapid share sale in April 2026 that sent the stock tumbling.
President Donald Trump signed executive orders today directing federal efforts to accelerate quantum computing research, ready agencies to adopt quantum-enabled systems, and harden defenses against quantum-enabled cyber threats. Administration officials outlined milestones for a working quantum computer by 2028, deployment of sensors and networks w…
Best Buy shares declined about 3% in after-hours trading after the company announced that Chief Financial Officer Matt Bilunas will step down and leave on July 31. Bilunas, who has been with the retailer for 20 years and served seven years as CFO, oversaw finance, enterprise strategy, procurement, financial services, real estate and omnichannel ope…
TD Cowen has singled out Elanco Animal Health as a leading small- and mid-cap idea for 2026, citing a concentrated new product cycle that includes seven potential blockbuster launches. The firm projects modest revenue gains and stronger EPS growth from 2025 through 2032, and points to recent regulatory and commercial milestones as evidence that Ela…
U.S. equities closed mixed on Monday as gains in Oil & Gas, Healthcare and Industrials supported the Dow Jones Industrial Average, while losses in Consumer Services, Technology and Consumer Goods pushed the S&P 500 and Nasdaq Composite lower. Market breadth showed more decliners than advancers on both exchanges, and volatility and commodity prices …
Canada's benchmark S&P/TSX Composite finished the Monday session up 0.42%, driven by advances in the Materials, Clean Technology and Energy sectors. Alamos Gold, Atkinsrealis Group and DPM Metals ranked among the top performers, while 5N Plus, Parex Resources and MDA Ltd recorded the largest declines. Trading breadth was negative as decliners o…
Brazil's benchmark Bovespa index finished the trading day up 1.21% in Sao Paulo, paced by gains in the Public Utilities, Financials and Electric Power sectors. Leading individual winners included AZZA3, YDUQ3 and TIMS3, while SUZB3, POMO4 and SLCE3 posted the largest declines. Market breadth showed more decliners than advancers, and measures of vol…
Groq said it has raised $650 million in growth capital led by Disruptive and Infinitum, with existing backers reinvesting. The capital will fund deployment of the company’s latest inference stack, including integration with NVIDIA’s LPX system, across Groq’s 13 data centers worldwide and drive expansion toward a 200-megawatt capacity target by the …
Public Storage announced an agreement to acquire Public Storage Canada for roughly $1.2 billion. The deal, financed primarily through Public Storage Operating Partnership Units (OPUs) with a cash component at closing, adds 68 Canadian self-storage properties and is projected to be accretive to NOI and FFO growth as the company implements its PS Nex…
Definium Therapeutics Inc (NASDAQ:DFTX) saw its shares decline 3.1% in after-hours trading Monday after the company revealed plans for a $500 million underwritten public offering of common shares and pre-funded warrants. The offering includes a 30-day option for underwriters to purchase up to an additional $75 million of common stock, and proceeds …
IBM shares rose 3.75% in after-hours trading following public praise from President Donald Trump at a White House gathering on quantum technology. The event featured senior industry executives and the signing of two executive orders: a five-year push to field advanced quantum computers, networks, and sensors, and a mandate for federal agencies to t…
Sony Group Corp. has hired Bank of America and Morgan Stanley to run investor calls for a planned U.S. dollar bond sale, marking the company's first direct return to the U.S. investment-grade bond market since 1998. The deal is expected to include five- and 10-year tranches, with proceeds earmarked for general corporate purposes, as firms seek to l…
Primoris Services Corporation stock dropped sharply in after-hours trading following the company’s announcement of a materially reduced 2026 earnings and EBITDA outlook and the departure of its chief operating officer. The guidance cuts stem from cost overruns and schedule slips in six previously disclosed Renewables projects, with two projects now…
A federal judge in San Francisco has ruled that Workday must defend a proposed class action alleging its AI-driven recruiting software excluded applicants in ways that violate California anti-discrimination law and the Americans with Disabilities Act. The decision keeps intact amended claims that challenge the software’s use of so-called proxy indi…
Shares of Domino’s Pizza Inc. (DPZ) declined 2.2% in after-hours trading following the company’s announcement of a planned executive leadership transition. Joe Jordan, currently Chief Operating Officer and President of Domino’s U.S., will become Chief Executive Officer on October 1, 2026, and join the board. Russell Weiner will retire as CEO and sh…
A federal judge in San Francisco ruled Monday that Workday Inc must face a proposed class action accusing its AI-driven human resources software of screening out applicants in ways that violate California anti-discrimination law and the federal Americans with Disabilities Act. U.S. District Judge Rita Lin denied arguments that California law cannot…
Moody's has affirmed Shift4 Payments, Inc.'s corporate family rating at Ba3 and assigned a Ba1 rating to the company's proposed Term Loan B. Concurrently, Moody's downgraded senior unsecured notes of Shift4 Payments, LLC to B1 from Ba3, citing changes to the capital structure tied to the planned repayment of convertible notes. The ratings action an…
S&P Global Ratings upgraded Openlane Inc. (OPLN) to B+ from B after the company converted $290 million of preferred stock into common equity and reported improving credit metrics. The ratings agency also raised the issue-level rating on the term loan to B+ and kept a stable outlook, citing stronger marketplace EBITDA margins and steady finance-segm…
MoonLake Immunotherapeutics said it intends to pursue a public offering of $150 million of Class A ordinary shares, a move that coincided with a 2.8% decline in the stock in after-hours trading. The company also proposed offering pre-funded warrants and granted underwriters a 30-day option for up to $22.5 million more in shares. Proceeds are target…
Options trading in Skyworks Solutions Inc. surged to 32,697 contracts at 3:40 p.m. New York time on Monday, driven almost entirely by call activity. The August 21, 2026 $95 call made up the bulk of the flow, while a smaller number of call strikes and a limited put presence accounted for the remainder.
