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.
20,609 total articles
Tesla has settled a wrongful death lawsuit tied to a 2018 crash in Florida that killed a teenage passenger and the teenage driver. Court records show Tesla was removed as a defendant just before a trial set to begin, leaving the driver’s estate as the remaining defendant. Key details of the settlement were not disclosed, and court filings and recor…
Apple said on Monday that Chief Executive Officer Tim Cook will step aside after nearly 15 years leading the company, moving into the role of executive chairman on September 1. Hardware chief John Ternus will succeed Cook as CEO. The announcement coincided with a roughly 1% decline in Apple shares in after-hours trading and heightened investor focu…
Moscow stocks finished higher on Monday, driven by gains in the Oil & Gas, Power and Mining sectors. The MOEX Russia Index climbed 1.14% at the close, while mixed performance among individual names left some miners and smaller banks at multi-year lows. Commodities moved unevenly, with crude rising and gold slipping, and implied volatility on MOEX o…
Snap Inc. announced that Chief Financial Officer Derek Andersen will step down to pursue a new opportunity, with his final day expected to be May 8. The company plans to promote Doug Hott, currently Vice President of Finance, Strategy, and Corporate Development, to the CFO role. Hott has previously served as Vice President of Finance and holds adva…
A federal jury in North Carolina awarded $5,000 to a woman who said she was sexually assaulted by a driver she had booked through the Uber app. The decision follows the start of a trial on April 14 and comes amid thousands of related lawsuits consolidated in federal court; an earlier bellwether in Arizona produced an $8.5 million award.
Alaska Air Group has rescinded its full-year profit-per-share guidance for 2026 as surging jet fuel prices linked to recent military actions and supply disruptions sharply increase operating costs. The airline reported that volatile fuel markets and uncertainty tied to the conflict have made it impossible to reliably forecast future results. Manage…
MSCI announced it will maintain existing limits on Indonesian securities in its global indexes for the May review cycle while it evaluates recent market transparency reforms introduced by Indonesia. The index provider said it is scrutinizing the scope, consistency and effectiveness of newly available data sources and regulatory actions from the cou…
Stifel has reaffirmed a Buy rating and a $250 price objective on Texas Instruments (TXN) as the company approaches its quarterly earnings release. The firm expects revenue to modestly exceed its $4.50 billion estimate and projects GAAP EPS of $1.35. Stifel highlighted supportive macro indicators and strength in aerospace and defense, and flagged th…
Apple announced that Tim Cook will move into the role of executive chairman and that John Ternus, currently senior vice president of Hardware Engineering, will assume the chief executive role on September 1, 2026. The board unanimously approved the leadership change. Apple shares fell just over 1% after the market close on Monday.
Democratic members of the Senate Banking Committee released a report raising doubts about Kevin Warsh's plan to divest financial holdings before his expected confirmation hearing on Tuesday. The report says Warsh has not provided essential details about how and to whom he will sell assets, noting some holdings may be difficult to divest and that a …
U.S. stocks finished lower after Monday's close, driven by declines in the Utilities, Healthcare and Consumer Goods sectors. The Dow Jones Industrial Average was essentially flat, while the S&P 500 and Nasdaq Composite both ended the session modestly lower. Individual large-cap winners included Salesforce, JPMorgan Chase and Cisco, while 3M, Procte…
Canada's stock market closed modestly higher on Monday, pushed by advances in Healthcare, Information Technology and Energy. The S&P/TSX Composite rose 0.04% to reach a new one-month peak. Several individual stocks recorded double-digit percentage gains while the overall breadth favored decliners. Volatility measures and commodity prices showed div…
Morningstar Inc. plans to introduce an alternate liquidity screening method for its CRSP Market Indexes to permit faster inclusion of very large initial public offerings such as the expected SpaceX listing. The change is intended to address free-float constraints that can delay adding giant IPOs to benchmarks used by major funds, while other index …
Scorpio Tankers Inc. has reached agreements to divest six vessels built in 2014 for a combined $300 million. The package includes three LR2 product tankers sold together for $195 million and three MR product tankers sold for $105 million. The transactions are expected to close within the second quarter of 2026. Several of the ships carried outstand…
BridgeBio Oncology Therapeutics (BBOT) shares jumped about 10% in after-hours trading Monday following the U.S. Food and Drug Administration’s Fast Track designation for BBO-11818, a pan-KRAS inhibitor under investigation for advanced KRAS-mutant pancreatic ductal adenocarcinoma. The designation comes after preliminary January 2026 data showing a c…
AXT, Inc. said it will pursue a public offering of common stock, triggering a roughly 9% decline in its shares in after-hours trading. The company said proceeds will primarily support its Beijing subsidiary's capacity expansion for indium phosphide substrates for export, with remaining funds earmarked for product development, working capital and ge…
CEOs from several major low-cost U.S. carriers will meet with U.S. Transportation Secretary Sean Duffy to press for temporary relief from passenger taxes, aiming to blunt the impact of sharply higher jet fuel costs they attribute to the war with Iran. A trade group representing the carriers says suspending the federal excise tax and the per-segment…
Kailera Therapeutics completed an initial public offering that generated $718.8 million in gross proceeds by selling 44,921,875 common shares at $16.00 apiece. The offering included the full exercise of an underwriters' option for 5,859,375 extra shares. Kailera began trading on the Nasdaq Global Select Market under the ticker KLRA and is developin…
Theriva Biologics Inc saw its NYSE American-listed shares surge after the company presented new data from its VIRAGE Phase 2b study of VCN-01 combined with chemotherapy in metastatic pancreatic cancer. The poster at the American Association for Cancer Research Annual Meeting in San Diego detailed tumor response, biomarker results, and subgroup anal…
SBC Medical Group Holdings saw its Nasdaq-listed stock tumble after a selling stockholder priced an underwritten secondary public offering. The offering, which does not involve any new shares from the company and will provide no proceeds to SBC Medical Group, is scheduled to close on or about April 21, 2026, subject to customary conditions. Underwr…
The building products sector is entering earnings season under significant strain as soft demand collides with upward pressure on input costs. Wolfe Research warns that management commentary on price and cost trajectories will likely be more influential than initial first-quarter earnings figures. Equity valuations have deteriorated after a pronoun…
Andrew Baum, who joined Pfizer in 2024 as Chief Strategy and Innovation Officer, will move into a senior strategic advisor role to CEO Albert Bourla and is expected to depart the company by the end of the year. A BMO Capital Markets note frames the change as part of ongoing operational simplification rather than a major strategic redirection.
JetBlue’s chief executive communicated to staff that the airline is not planning a bankruptcy filing this year, citing sufficient liquidity and access to additional capital. The reassurance comes as the carrier contends with rising fuel costs and market speculation about its financial position, which was intensified by comments from the airline’s f…
Strategy Inc. purchased $2.54 billion of bitcoin in the week ending April 19, funded by the sale of multiple security tranches. The company acquired 34,164 bitcoin at an average cost of $74,395 per coin and now holds 815,061 bitcoin in total, purchased for an aggregate $61.56 billion at an average price of $75,527 per coin. No sales of STRF, STRK, …
An LNG tanker owned by QatarEnergy arrived at the Golden Pass liquefaction complex in Texas to load the plant's first export cargo after the facility began producing liquefied natural gas earlier this year. The arrival marks a milestone for the project, which experienced construction delays and cost overruns since work began in 2019. Initial proces…
