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.
30,145 total articles
Goldman Sachs cautions that the recent rapid rise in momentum tied to the AI-led market rally may portend weaker U.S. equity returns in coming months. The S&P 500 has hit a string of fresh highs driven overwhelmingly by technology stocks, while Goldman’s Momentum factor has surged sharply and hedge fund exposures sit near multi-year highs. Historic…
Citigroup reduced half of its long position in South Korea's benchmark stock index, pointing to signs of overheating in the KOSPI and growing risks tied to global interest rates. While the bank still maintains a remaining position to capture further upside, it cited a more stretched valuation profile in Korea compared with the United States and fla…
Mizuho has identified five Japanese component and materials companies that it believes are well placed to benefit from an AI-driven upgrade cycle in data center servers. The bank highlighted suppliers of substrates, T-glass, ABF film, microthin copper foil and copper clad laminate as likely to see stronger demand as high-core CPU adoption expands a…
Citi found genuine strength in U.S. first-quarter corporate results but warned that headline beats mask a mixed underlying picture. Roughly half of the index-level earnings upside came from one-time items, while most of the remaining outperformance was concentrated in about 20 stocks, led by technology. Citi says meaningful further upside for the S…
Samsung Electronics and its South Korean labour union will resume pay negotiations on Monday with a government mediator, the union said. The announcement follows a change in the company's negotiating representative, a separate meeting planned for Saturday, and public remarks by Samsung Chairman Jay Y. Lee apologising for the dispute. Government off…
Bill Ackman has clarified that Pershing Square’s divestiture of its remaining Alphabet Class A shares was a tactical portfolio reallocation to finance a large new Microsoft holding, not a negative view on Google’s parent. The proceeds were used to build a $2.4 billion Microsoft stake and to anchor the recently launched Pershing Square USA Ltd close…
Billionaire investor Bill Ackman said the decision to sell his long-held Alphabet shares was not intended as a bet against the company. Pershing Square established a new position in Microsoft after the stock fell recently and used proceeds from the Alphabet sale to finance that purchase, Ackman wrote on X.
A majority of SpaceX shareholders have approved a 5-for-1 stock split recommended by the board, with the company notifying investors that the fair market value per share was adjusted to about $105.32 from $526.59. The corporate action coincides with recent operational activity, including a successful CRS-34 Cargo Dragon launch and preparations for …
Senior Chinese regulators and Beijing’s top official met with leading U.S. corporate executives during a high-profile presidential visit. Citigroup’s CEO discussed expanding wealth management and cross-border financing with Beijing officials, while Goldman Sachs’ chairman and CEO held talks with China’s foreign exchange regulator. The delegation’s …
Alphabet's YouTube and Snap have settled claims brought by Breathitt County School District in eastern Kentucky that sought to make social media companies pay for school expenditures tied to student mental health issues. Court filings in federal court in Oakland, California, confirm the settlements, which resolve the first bellwether case to reach …
A proposed class action filed in federal court in Seattle accuses Amazon.com Inc of failing to refund higher prices consumers paid that plaintiffs say reflected tariffs the U.S. Supreme Court later found had been unlawfully imposed under the International Emergency Economic Powers Act. The suit claims Amazon raised prices on imported goods and reta…
Two prominent hedge fund managers adopted contrasting strategies this year in the technology sector. Pershing Square began accumulating Microsoft shares after a February pullback, citing underappreciated value in Microsoft 365 and AI investments, while Third Point reduced and then closed its Microsoft stake in the first quarter. At the same time, b…
Fitch Ratings revised the outlook on Goldman Sachs BDC to negative while keeping the fund's current lower-investment-grade rating, citing a thin asset coverage cushion amid rising credit stress in the portfolio. The fund reported an increase in non-accruals and notable payment-in-kind income in its first-quarter results, and Goldman Sachs said much…
U.S. antitrust authorities are examining Arm's licensing practices to determine if the company is unlawfully monopolizing segments of the semiconductor market. The probe includes scrutiny of potential refusals or downgrades of licensing agreements for Arm's CPU blueprints. Regulators in South Korea have also investigated Arm's local offices as part…
Ares Management's recent 13-F filing with the U.S. Securities and Exchange Commission shows the firm initiated and increased multiple positions in alternative credit vehicles during the first quarter of 2026. The asset manager reported a record $30 billion raised in Q1 and disclosed a mix of new stakes, larger holdings in several business developme…
Mexico's benchmark S&P/BMV IPC ended Friday down 1.78%, driven by losses in the Industrials, Consumer Goods & Services and Consumer Staples sectors. Market breadth showed more decliners than advancers, with notable drops in mining and transport names and modest gains among select financial and media stocks. Commodities and FX moved sharply, with go…
Colombia's main equity benchmark, the COLCAP, closed lower on Friday, pulled down by losses in the Financials, Investment and Public Services sectors. While several large-cap names fell, specific stocks in energy and infrastructure recorded notable gains. Currency moves and drops in select commodities were also recorded during the session.
Russia's equity market ended the Friday session lower, with the MOEX Russia Index down 0.96%. Losses in the Mining, Power and Oil & Gas sectors were the principal drags, while a handful of large-cap stocks posted gains. Market breadth favored falling issues, the Russian Volatility Index rose, and commodities and FX moved notably during the session.
ERock submitted a filing for a proposed initial public offering on the New York Stock Exchange, outlining its vertically integrated model for natural gas-fueled distributed power systems, operational track record, geographic concentration, installed capacity and a $1.3 billion contracted sales backlog. The company named Morgan Stanley and J.P. Morg…
Berkshire Hathaway disclosed first-quarter buys in Delta Air Lines and Macy's, adding nearly 40 million and about 4 million shares respectively. The moves came alongside disposals of smaller positions in several large-cap names and follow a leadership transition to CEO Greg Abel earlier this year. Shares of Delta and Macy's rose in after-hours trad…
China's permanent representative to the United Nations, Fu Gong, publicly opposed a U.S. and Bahrain-drafted Security Council resolution addressing incidents in the Strait of Hormuz, arguing the proposal is untimely and insufficient. Diplomats say the measure is likely to be vetoed by Russia and China if it reaches a vote. China, which holds the ro…
Berkshire Hathaway reported a $2.65 billion purchase of Delta Air Lines shares and a small acquisition in Macy's, while trimming or disposing of numerous smaller stock positions, including stakes in Amazon and UnitedHealth. The filing also shows the sale of multibillion-dollar holdings in Visa and Mastercard and a sizable Aon stake during the first…
PwC and Anthropic have expanded their strategic alliance to deploy the Claude family of AI products across PwC’s workforce and client engagements. The agreement includes a phased U.S.-first rollout of Claude Code and Claude Cowork, creation of a joint Center of Excellence, training for 30,000 PwC professionals, and the launch of a finance-focused O…
Barclays has released its preferred U.S. software-equity selections, prioritizing large-cap and horizontal software-as-a-service providers that it believes are best positioned to capture accelerating demand for AI infrastructure and cloud services. The bank ranks Oracle first, followed by DigitalOcean, Salesforce and Snowflake, citing factors such …
U.S. stock indexes closed lower on Friday with losses concentrated in Basic Materials, Utilities and Industrials. The Dow Jones Industrial Average dropped 1.07% at the NYSE close, the S&P 500 fell 1.24% and the Nasdaq Composite slid 1.54%. Market breadth favored decliners and the CBOE Volatility Index rose, while oil rallied and gold futures retrea…
