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.
30,104 total articles
Centene has introduced a voluntary buyout program for employees after a year of notable losses in its health plan membership tied to weakening enrollment in its Affordable Care Act offerings. The company reported a decline in commercial revenue and said the expiration of pandemic-era subsidies has created uncertainty for future enrollment.
Intellia Therapeutics shares leapt in after-hours trading following publication and presentation of Phase 3 HAELO trial data for lonvo-z, its CRISPR-based one-time therapy for hereditary angioedema (HAE). The dataset, released June 13 and published in the New England Journal of Medicine, showed large reductions in attack frequency and prompted bull…
Qualcomm is reportedly engaged in active talks to buy Tenstorrent, a startup that develops chips for artificial intelligence workloads. The contemplated purchase price is between $8 billion and $10 billion, a premium over Tenstorrent's latest valuation. Negotiations could change the final terms or fail to produce a deal, and it is not yet clear whe…
Shares of PN Smart Energy Limited (NASDAQ: PN) rose 3.6% in after-hours trading following the company's formal rebranding from Skycorp Solar Group Limited, effective June 12, 2026. The change, approved by shareholders at an extraordinary general meeting on June 10, 2026, accompanies a strategic shift toward developing clean power stations, critical…
ARK Invest's venture fund participated in Hydra Host's $100 million Series A, backing the Boulder-based startup's marketplace that aggregates GPU capacity from providers across more than 50 data centers. The round, led by Kindred Ventures and including NVIDIA and a range of strategic and financial investors, will fund international expansion of GPU…
U.S. stock benchmarks ended higher on Monday, with the Dow Jones Industrial Average closing at a fresh record and the Nasdaq Composite outpacing peers. Technology, Consumer Services and Industrials provided the largest upward contributions. Several large-cap names climbed, while energy and select healthcare and communications stocks weighed on the …
The S&P/TSX Composite closed at a fresh all-time high on Monday, rising 0.97% as gains in the Materials, Information Technology and Consumer Discretionary sectors outpaced declines in select energy and industrial names. Market breadth was positive with more advancers than decliners, while commodity moves were mixed: gold rallied sharply and oil fel…
Brazil's Bovespa closed down 0.42% on Monday with losses concentrated in the Consumption, Financials and Real Estate sectors. Volume across the exchange produced more advancing issues than decliners, even as some large-cap names recorded notable declines. The CBOE Brazil ETF Volatility retreated, while commodities showed mixed moves: gold and coffe…
Adaptive Biotechnologies' stock fell 9.2% in after-hours trading after the company revealed a private offering of $250 million in convertible senior notes due 2031, with an option for an additional $37.5 million. Proceeds will fund repayment of an OrbiMed Purchase Agreement, capped call transactions, potential stock buybacks to limit dilution, and …
Shares of Macerich Company fell 2.4% in after-hours trading following the company's announcement of an underwritten public offering of 14 million common shares. Goldman Sachs & Co. LLC will act as lead bookrunner, and Macerich plans to enter forward sale agreements that will delay issuance of shares and the receipt of net proceeds until settlement,…
Global Equities Research has issued a comprehensive bullish case for Intel (INTC), assigning a $200 near-term price target and forecasting a long-term valuation of $5 trillion. The thesis hinges on a shift in AI workloads from training to inference and on Intel's next-generation 18A processors powering edge and laptop AI. The firm also claims a mul…
Dave & Buster’s Entertainment shares declined about 5.0% in afternoon trading as the chain approaches its first-quarter 2026 earnings report scheduled after the market close. Investors appear to be trimming positions ahead of the release following a prior quarter that produced flat revenue of $529.6 million but missed key adjusted operating income …
Fiserv shares plunged more than 10% after the company said CEO Mike Lyons would leave immediately to lead Truist Financial Corporation and Takis Georgakopoulos would take over as CEO and join the board the same day. The swift leadership change, together with unchanged 2026 guidance and heavy bearish options flow, pushed the stock to a new 52-week l…
Horizon Quantum Holdings saw its stock jump sharply after unveiling a partnership with IonQ to place a 256-qubit trapped-ion quantum system at the company’s Dublin headquarters. The installation, supported by Ireland’s National Semiconductor Strategy, gives Horizon a second quantum hardware architecture for real-world testing of its hardware-agnost…
S&P Global Ratings upgraded its outlook on Victoria's Secret & Co. to positive from stable while keeping the issuer credit rating at 'BB-'. The move follows stronger-than-expected operating results in the first quarter of fiscal 2026, including a 15% rise in consolidated revenue and notable gains in digital engagement and new-customer growt…
The U.S. Space Force has awarded Lockheed Martin a $514 million contract to produce GPS IIIF Space Vehicles 23 and 24, increasing the company’s GPS IIIF program commitment to 14 satellites. The satellites will bring enhanced anti-jamming protection, additional M-Code-enabled secure links, a digital navigation payload and updated spacecraft built on…
BTIG analyst Janine Stichter has designated Steve Madden (SHOO) as her top small/mid-cap footwear pick for 2026, maintaining a Buy rating and a $50 price target. Her view follows management and product meetings during FFANY Market Week that highlighted branded footwear strength, market share gains, and favorable wholesale sell-throughs, even as som…
Several automakers, including Ford, are applying to the U.S. Commerce Department for authorizations that would allow continued sales of vehicles assembled in China but long sold in U.S. showrooms. The requests respond to a Biden-era rule that bans most Chinese-developed and -maintained software in connected vehicles, with software prohibitions taki…
Florida's attorney general has filed suit against TikTok in state court, alleging the platform permits children under 14 to open accounts and misrepresents the level of violent and sexual content accessible to young users. The complaint cites H.B. 3 - Florida's law restricting under-14 accounts and requiring parental consent for users under 16 - an…
Options trading in Mondelez International Inc. accelerated to 10,725 contracts by 2:20 p.m. New York time, with calls comprising the vast majority of activity. The June 18, 2026 $65 call emerged as the single most traded strike, while a diagonal call spread between June and September expirations also accounted for a notable block of trades.
Jefferies has designated GE Vernova as its primary U.S. power and utilities selection for 2026, citing strength in large-frame gas turbine demand, expanding data center work for the Electrification segment, and a backlog profile that the bank expects will extend into the next decade. The firm reiterated a Buy rating and set a $1,210 price target wh…
Monday's session featured wide swings across market-cap segments. Large technology and storage names led gains among mega- and large-cap stocks, with SpaceX (SPCX) and Micron Technology (MU) among the strongest performers. At the same time several companies moved sharply lower after company-specific developments, including Fiserv, Fox Corp and Neum…
A dense slate of U.S. economic releases on Tuesday, June 16, 2026, centers on building permits, a forward-looking gauge of housing demand, alongside the ADP weekly employment change, housing starts, import and export price indices, the Atlanta Fed’s GDPNow update and the API crude inventory read. Markets will digest multiple high-frequency indicato…
Earnings season presses on with several companies slated to publish quarterly results on Tuesday. Market participants will be watching John Wiley & Sons in its A and B share classes, La-Z-Boy Inc., and Vince Holding Co. as investors gauge corporate results against analyst estimates amid evolving economic conditions.
Nvidia Corp. attracted roughly $85 billion of orders for a proposed bond sale, seeking to issue at least $20 billion of notes across seven maturities from two to 30 years. The demand peaked at more than four times the minimum offering size, and the longest tranche tightened to about 0.65 percentage point over Treasuries after initial price talk. Pr…
