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.
30,137 total articles
OpenAI said it confidentially filed for an initial public offering in the United States, joining rival Anthropic in advancing toward a public listing. The company provided no timeline or details on the size or terms of any offering. Market participants say the potential OpenAI listing could draw more public capital into AI infrastructure, but timin…
MSCI said it will apply its standing early-inclusion criteria to large initial public offerings, a move that likely allows SpaceX to be added to its Global Standard Indexes shortly after trading begins. That inclusion would oblige passively managed funds tracking MSCI benchmarks - which represent trillions in assets - to purchase shares, supplement…
S&P Global Ratings cut JetBlue Airways' long-term rating from B- to CCC+, moving the carrier deeper into non-investment grade territory. The agency cited materially higher oil and jet fuel prices tied to the Middle East conflict as a key factor that will pressure operating performance over the coming year, delaying positive free cash flow until 202…
Snow Rothschild Acquisition Corp. sold 20 million units at $10.00 apiece in an initial public offering that raised $200 million. Each unit contains one Class A ordinary share and one-half of a redeemable warrant, with each whole warrant exercisable for one Class A share at $11.50 per share. The company will place the net proceeds into a trust and i…
OpenAI has confidentially filed for a U.S. initial public offering, joining Anthropic and SpaceX in preparations for potential market debuts. Wall Street is anticipating 2026 as a breakout year for IPOs, supported by high-profile private companies and strong demand. Key questions remain over timing, offering size and valuations.
OpenAI has confidentially filed a draft S-1 registration statement with the Securities and Exchange Commission, positioning itself to pursue an initial public offering. The company disclosed the submission proactively because it anticipated the confidential filing might leak. Management emphasized that no definitive IPO timetable exists and said ce…
Mexico's benchmark S&P/BMV IPC closed lower Monday, sliding 0.67% to a one-month low as the Industrials, Consumer Goods & Services and Consumer Staples sectors weighed on the market. Decliners outnumbered advancers, with several heavyweight names among the session's biggest losers. Commodities and currency futures showed mixed moves.
Colombia's equity market finished the session in the red on Monday, with the COLCAP index falling 1.58% as losses concentrated in the Financials, Investment and Public Services sectors. While several large-cap names suffered double-digit point declines, a handful of stocks gained ground. Commodity and currency moves were mixed, and the US Dollar In…
Russian equities closed lower on Monday, pushed down by losses in the Mining, Power and Oil & Gas sectors. The MOEX Russia Index slipped 1.64% to a fresh six-month low. Heaviest declines were concentrated in several energy and utilities stocks, while a small number of names recorded modest gains or held flat. Market breadth was weak and the Russian…
Meta is committing $115 million to launch America’s Workforce Academy, a free training program aimed at producing generalist data center technicians who will receive guaranteed job offers on the company’s data center buildout. The program will place graduates in full-time roles with general contractors working on the construction effort, though det…
UBS has revised its outlook for the U.S. restaurant industry for the second half of 2026, saying weaker-than-expected performance in the first half, rising fuel costs and ongoing household spending pressures are likely to keep traffic and sales under pressure. The June 5 report highlights that lower-income, younger and Hispanic consumers are the mo…
Moody’s affirmed ZoomInfo Technologies Inc.'s Ba3 corporate family rating and Ba3-PD probability of default rating while revising the outlook to negative from stable. The rating agency also affirmed several debt instruments across the company and cited expected leverage and strong free cash flow as supporting factors. The outlook shift reflects wor…
Applied Digital has executed a 15-year take-or-pay lease with a U.S.-based investment-grade hyperscaler for 210 megawatts at its Delta Forge 2 AI campus, a deal expected to produce about $5.2 billion in revenue over the term and lifting the company's shares in extended trading. The contract expands Applied Digital’s long-term commitments and streng…
A labor strike at Dauch Corp.'s Three Rivers, Michigan axle plant entered its second week on Monday as bargaining between the United Auto Workers Local 2093 and Dauch failed to produce an agreement. Union leaders say the company walked away from talks; Dauch says it is communicating with customers and continuing negotiations. The plant supplies axl…
Wesco International agreed to acquire Singapore-based Newark Engineering Group for a cash-free, debt-free purchase price of 175 million Singapore dollars (about $136 million). The move expands Wesco's engineered cooling and lifecycle services capabilities in Southeast Asia, and the company says the target is EBITDA margin accretive and was acquired…
Lucky Strike Entertainment Corporation said Monday that Bobby Lavan has been promoted to president and chief financial officer, a move that coincided with a 4.2% rise in the company’s shares in after-hours trading. Lavan, who joined the business in 2023 as CFO and treasurer, will continue to report to founder, chairman and CEO Thomas Shannon while …
Shares of Spruce Biosciences Inc (NASDAQ:SPRB) climbed 3.2% in after-hours trading Monday after the company disclosed long-term data for its tralesinidase alfa enzyme replacement therapy (TA-ERT) in Sanfilippo Syndrome Type B (MPS IIIB) and received a fresh analyst initiation. The data, presented at the 18th International MPS & Related Lysosomal Di…
Perrigo Company plc said its president and CEO, Patrick Lockwood-Taylor, resigned effective immediately after the board concluded certain personal conduct conflicted with the company's Code of Conduct and core values. The company appointed board member Albert A. Manzone as interim president and CEO and reiterated its full-year 2026 financial outloo…
U.S. equities closed with a split tape on Monday as gains in Oil & Gas, Consumer Goods and Technology helped lift major indices even as Utilities, Basic Materials and Financials weighed on the market. The Dow Jones Industrial Average ended lower, while the S&P 500 and NASDAQ Composite posted advances. Market breadth diverged between the NYSE and Na…
Canadian equities closed higher on Monday with the S&P/TSX Composite up 0.19%, supported by strength in Energy, Information Technology and Financials. Notable winners included Birchcliff Energy, Badger Infrastructure Solutions and 5N Plus, while Seabridge Gold, goeasy and Bausch Health were among the heaviest decliners. Market breadth was mixed and…
Brazil's Bovespa closed lower on Monday, slipping 0.21% to a new three-month low as losses in Financials, Electric Power and Consumption sectors outpaced gains. Market breadth favored decliners, volatility measures rose and several commodities moved in mixed directions during the session. Several individual stocks recorded notable intraday moves an…
AstraZeneca said its experimental obesity pill elecoglipron produced a 10.5% reduction in body weight after 26 weeks in a mid-stage trial, with the highest once-daily dose delivering 11.8% weight loss after 36 weeks. The company disclosed the data at the American Diabetes Association meeting in New Orleans and previously announced in February that …
Salesforce has agreed to acquire m3ter, a metering and rating provider designed for consumption-based monetization. The purchase will expand Agentforce Revenue Management with enterprise-scale mediation and near real-time metering, enabling customers to configure and automate usage-based billing across CRM, ERP and quote-to-cash systems. The transa…
Shares of Ideaya Biosciences fell 7.9% in after-hours trading following the company's announcement that it intends to conduct an underwritten public offering of common stock and warrants, raising up to $300 million, with an additional 30-day underwriter option for $45 million. The company said the offering is subject to market and other conditions …
STAK Inc. said it signed a memorandum of understanding to create a majority-owned U.S. subsidiary focused on modular gas-to-electric power systems for artificial intelligence data centers and other energy-intensive applications. The announcement sent STAK shares up about 20% in after-hours trading. The unit will be incorporated in Delaware, operate…
