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.
20,610 total articles
General Motors has indefinitely paused its planned next-generation full-size electric truck program that had been slated to begin in 2028. The move affects lower-cost electric variants of the GMC Sierra, Chevrolet Silverado, Cadillac Escalade IQ and Hummer SUV and pickup, and suppliers have been told the program is on hold with no new schedule prov…
Trump Media & Technology Group appointed Kevin McGurn as interim chief executive officer effective immediately. McGurn, an advisor to the company since December 2024 with more than two decades of leadership experience in media and technology, will replace Devin Nunes. The company continues to face challenges scaling its social media business in the…
Lockheed Martin has been awarded four Department of Defense contracts totaling about $137.6 million. The largest is a $70.1 million modification for work on Romania's F-35 Foreign Military Sales program. Other awards cover submarine imaging systems, spare acoustic modules for Virginia-class submarines, and THAAD ground modernization equipment, with…
SpaceX told investors in its S-1 registration filing that plans to build AI data centers in orbit, and to industrialize the moon and Mars, depend on technologies that remain unproven and may not achieve commercial viability. The prospectus also highlighted the company’s heavy reliance on the Starship rocket and the unique operational hazards of spa…
Mexico's benchmark stock index closed sharply lower, slipping 1.82% as losses in industrial, consumer goods and consumer staples sectors dominated the session. A greater number of issues fell than rose, while commodities and currency pairs posted mixed results with gold sliding and crude oil climbing.
Colombian stocks finished the trading session lower on Tuesday, with the benchmark COLCAP index down 0.21%. Losses were concentrated in the Financials, Investment and Public Services sectors. While a handful of large caps posted gains, several prominent names fell, and declining issues outnumbered advancing ones on the exchange.
Liberty Defense Holdings Ltd. has set the terms for its U.S. initial public offering, pricing 3.67 million common shares at $4.50 apiece and offering pre-funded warrants to certain investors. The transaction is expected to bring in roughly $20 million in gross proceeds before underwriting discounts and other expenses, and the company plans to begin…
Stocks in Moscow closed higher on Tuesday, with the MOEX Russia Index advancing 0.24% as the Oil & Gas, Power and Manufacturing sectors provided upward momentum. Gains in major energy-related listings helped lift the index despite a larger number of declining issues than advancing ones and continued movement in commodities and volatility gauges.
The Consumer Federation of America has lodged a class-action complaint in Washington, D.C., alleging that Meta Platforms profited from adverts tied to fraudulent schemes, misled users about its efforts to curb such ads and continued to accept problematic ads through reselling channels. The filing seeks a jury trial and damages on behalf of local co…
Anthropic is preparing to extend access to its Mythos AI model to banks in Europe and the UK, with the rollout subject to security checks and timing that could range from days to weeks. The model has prompted warnings from cybersecurity experts and officials following recent discussions at the International Monetary Fund spring meeting in Washingto…
GitLab Inc. (NASDAQ: GTLB) climbed 5% in after-hours trading on Tuesday after the company and Amazon Web Services announced an expanded integration that makes GitLab's Duo Agent Platform available to AWS customers via Amazon Bedrock. The arrangement routes inference through Bedrock, preserves customers' existing AWS accounts and spending commitment…
Stocks moved in after-hours trading as companies reported earnings and updated guidance. United Airlines noted the effect of higher fuel costs on its outlook, Interactive Brokers delivered in-line first-quarter results, and Adobe revealed a $25 billion share buyback. Capital One missed profit expectations on the bottom line, Calix trimmed near-term…
New York state legislators have brought back a bill aimed at restricting investors who acquire distressed sovereign bonds with the primary intent to litigate for full repayment. The measure would amend champerty rules to let courts dismiss claims where debt was bought mainly to pursue lawsuits, and it would replace the states fixed 9% pre-judgment…
U.S. Transportation Secretary Sean Duffy expressed reservations about using federal funds to support Spirit Airlines, warning against throwing "good money after bad." President Donald Trump suggested the government might step in to protect roughly 14,000 jobs, while Spirit pursues a second bankruptcy restructuring amid challenging conditions for po…
Meta Platforms has begun building a data center in Tulsa, Oklahoma, a project valued at more than $1 billion that will add significant construction activity and create operational roles once completed. The facility, Meta's first in Oklahoma, is part of a broader push by major technology firms to expand data-center capacity to support artificial int…
U.S. stock markets finished the session lower, with the Dow Jones Industrial Average down 0.59%, the S&P 500 off 0.63% and the Nasdaq Composite down 0.59%. Losses were concentrated in the Utilities, Industrials and Consumer Goods sectors. A handful of large-cap names posted gains while a number of small-cap and micro-cap listings experienced extrem…
Toronto stocks closed lower Tuesday, with the S&P/TSX Composite dropping 1.61%. Losses were concentrated in Materials, Clean Technology and Healthcare. Market breadth favored decliners, volatility measures ticked higher and commodity moves were mixed, with gold sliding and crude oil rising ahead of the June contracts.
A federal judge in New Jersey postponed the scheduled criminal sentencing of Purdue Pharma by one week to permit broader in-person participation from victims and the public. The delay affects the finalization of a bankruptcy settlement under which the company would be dissolved and its assets used to pay $7.4 billion to those harmed by the opioid e…
United Airlines told investors it now expects second-quarter and full-year adjusted earnings below Wall Street consensus after a sharp jump in fuel costs squeezed margins. While premium and corporate demand remained firm in the first quarter, the airline said higher jet fuel prices - driven by the Iran war - are reducing near-term profitability and…
Adobe announced a $25 billion stock repurchase program that sent the company's shares up 4% in after-hours trading. The board approved an authorization that allows repurchases in the open market and through structured agreements with third parties, with the program running through April 30, 2030. Company executives framed the move as a demonstratio…
Hasbro shares declined after a report that the company informed a unit of Indian manufacturer Aequs it intended to stop placing purchase orders. UBS analyst Arpine Kocharyan flagged the report and said it could be an early sign of impact from a cybersecurity incident Hasbro disclosed on April 1, though Hasbro has told reporters the supplier move is…
Deutsche Telekom is reportedly considering a full combination with its U.S. unit T-Mobile through a potential new holding company that would make a stock bid for both firms. The talks are at an early stage, and any transaction would need political support before it could proceed. Deutsche Telekom currently holds nearly a 53% stake in T-Mobile. Shar…
Shares of T-Mobile US Inc. (NASDAQ:TMUS) rose after a report that Deutsche Telekom is exploring a full combination with its U.S. unit. Plans under discussion would create a single corporate group via a new holding company that would make a stock bid for both companies and could seek listings in the U.S. and a major European market. Talks are early …
Meta is rolling out software that records U.S.-based employees' mouse movements, clicks and keystrokes to create training data for artificial intelligence models. The Model Capability Initiative will monitor specified work-related apps and websites and take intermittent screenshots, with the company saying the material will be used to teach models …
Defense Secretary Pete Hegseth announced that the Pentagon will end its requirement that every U.S. service member receive an annual influenza vaccine. The change removes a universal public health mandate for the military, leaving vaccination as an individual choice while preserving access for those who wish to be vaccinated.
