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.
30,146 total articles
U.S. equity futures rose Wednesday evening following a tech-led advance on Wall Street, with particular strength in chipmakers as investors awaited a meeting between President Donald Trump and Chinese leader Xi Jinping. Traders cited the presence of major corporate executives in the U.S. delegation and hopes for relaxed export restrictions as drive…
A Federal Court judge concluded that Coles engaged in misleading conduct by hiking prices on hundreds of household items and then advertising discounts that overstated prior prices. The Australian Competition and Consumer Commission brought the action covering 245 products marketed as discounted between February 2022 and May 2023, with a trial exam…
Citadel has instructed members of its Hong Kong-based global quantitative strategies unit to either relocate or leave the firm, prompting some staff to move to Singapore or Miami and others to depart. Reports cited concerns about data security as one reason for the shift, a point the firm disputes, describing the action as part of a global co-locat…
A U.S. district judge has barred the Justice Department from compelling Rhode Island Hospital to surrender extensive records related to gender-affirming treatment for transgender minors, finding prosecutors acted in bad faith and that compliance would violate patient privacy. The decision interrupts a wider federal effort to probe such care for you…
The private foundation of Nvidia CEO Jensen Huang and his wife, Lori, has acquired $108.3 million worth of cloud computing time from CoreWeave and is donating those resources to universities and nonprofit research institutes for science and artificial intelligence projects. Nvidia will also supply pro bono engineering services to certain grantees, …
Australia’s stock exchange operator has selected Anthony Attia, a senior executive with nearly 30 years in the exchange industry, to become its next chief executive officer. Attia will take up the role on Sept. 1, subject to work authorisations, replacing Helen Lofthouse who is scheduled to depart later this month. His background includes senior le…
Cerebras Systems has priced its initial public offering at $185.00 per share for 30 million Class A shares, targeting roughly $5.55 billion in gross proceeds. Underwriters may buy an additional 4.5 million shares within 30 days, potentially raising total proceeds to about $6.38 billion. Shares are slated to begin trading on the Nasdaq Global Select…
In the eighth day of a bench trial over New Mexico’s lawsuit alleging Meta engineered addictive features for minors, a Meta lawyer questioned the state expert’s $3.7 billion cost estimate for a proposed 15-year mental health program. The exchange highlighted that the state’s calculation would have Meta pay for mental health services for all of the …
Blackstone Digital Infrastructure Trust Inc. priced an initial public offering of 87.5 million shares at $20.00 per share, generating $1.75 billion in primary proceeds and leaving open the potential to expand to $2.0 billion if underwriters buy additional shares within 30 days. The shares are slated to begin trading on the New York Stock Exchange o…
U.S. President Donald Trump arrives in Beijing for a series of talks with Chinese leader Xi Jinping aimed at preserving a trade truce, securing economic openings for U.S. firms and pressing China on the Iran conflict. The delegation includes prominent technology executives, while thorny issues such as U.S. arms sales to Taiwan and trade restriction…
Venezuela announced a comprehensive restructuring of both its sovereign debt and the obligations of state oil company PDVSA, seeking significant relief from what it described as unsustainable liabilities. The government named Centerview Partners as financial adviser and said it will present a macroeconomic framework and a public debt sustainability…
Cerebras Systems set the price of its U.S. initial public offering at $185 per share, selling 30 million shares and raising $5.55 billion. The pricing places the company's fully diluted valuation at $56.43 billion and represents the largest stock market debut so far this year. The offering was increased in size and priced above the marketed range a…
GSR V Acquisition Corp. has completed an initial public offering of 20 million units at $10.00 per unit, raising $200 million in gross proceeds. The units will start trading on the Nasdaq Global Market under the ticker GSRVU, with a planned closing subject to customary conditions and an underwriter over-allotment option. Once the component securiti…
Companies across Australia and New Zealand are reporting financial pressure tied to the U.S.-Israeli war on Iran, citing higher fuel and freight costs, disrupted shipping and passenger flows, and softer customer demand. Airlines and airports have signalled reduced capacity and margin pressure, dairy and consumer goods exporters pointed to freight a…
Brazilian financial markets reacted sharply to a report alleging that Senator Flavio Bolsonaro secured a $24 million commitment from Daniel Vorcaro, owner of failed Banco Master, to fund a film about his father, former President Jair Bolsonaro. The currency dropped more than 2% and the Bovespa index fell, while the allegations feed uncertainty arou…
HubSpot insiders, including the CTO, CEO and board chair, disclosed open-market purchases totaling more than 14,000 shares this week, yet the stock finished the regular session slightly lower and only marginally recovered in after-hours trading. Leadership framed the buys as a vote of confidence as the company navigates steep share-price declines, …
Air New Zealand warned it expects its biggest annual pre-tax loss in four years, forecasting a shortfall of NZ$340 million to NZ$390 million as jet fuel costs spike amid the Middle East conflict. The airline said elevated crude-driven fuel prices, weaker booking momentum and fleet constraints are combining to increase costs and pressure capacity de…
General Dynamics Information Technology Inc. has received a $39,198,688 modification to its cost-plus-fixed-fee contract to continue sustaining the Navy Standard Integrated Personnel System. The change includes a one-year base period and four three-month options that, if all exercised, would increase the modification's total to $79,315,988. Work is…
Huntington Ingalls Industries Fleet Support Group was awarded a $220.7 million cost-plus-fixed-fee modification by the U.S. Department of War to extend engineering maintenance support for Navy aircraft carriers and west coast surface ships. The change augments an existing indefinite-delivery/indefinite-quantity contract and schedules work at locati…
Mexican equities closed modestly higher on Wednesday, with the S&P/BMV IPC rising 0.22% as Industrial, Consumer Goods & Services and Consumer Staples names advanced. Grupo Mexico, Industrias Peñoles and Arca Continental were among the session's top performers, while Regional, Grupo Comercial Chedraui and Genomma Lab recorded the steepest declines. …
Colombia's benchmark COLCAP fell 0.73% at Wednesday's close, reaching a new three-month low. Losses in the Financials, Investment and Public Services sectors outpaced gains. Banco Davivienda Pf, Ecopetrol and Bancolombia Pf were among the session's top performers, while Corporacion Financiera Colombiana, Mineros and Promigas led decliners. Commodit…
The MOEX Russia Index finished the session up 0.13%, supported by gains in Power, Mining and Oil & Gas names. VK Company, Transneft Pref and TATNEFT were among the top performers, while OZON, RusHydro and ROSSETI registered the largest declines. Market breadth favored falling issues, the Russian Volatility Index eased slightly and commodities showe…
Kodiak Gas Services, Inc. (NYSE:KGS) saw its stock decline 5.9% in after-hours trading following an announcement of an underwritten public offering of $750 million in common shares. The company granted underwriters a 30-day option to buy an additional $112.5 million of shares. Proceeds are earmarked for general corporate uses, including repaying pa…
Ford Motor Co.'s stock climbed 13% in a single trading day after analysts drew attention to the automaker's recently disclosed plans for a standalone energy storage business. The unit, led by Lisa Drake and built on repurposed Kentucky factory space, will use LFP prismatic battery chemistry and aims to serve data centers, utilities and large indust…
A set of corporate earnings reports and forward guidance drove notable after-hours stock moves. Cisco Systems led gains after topping Q3 expectations and lifting its full-year 2026 guidance well above consensus. Several other companies posted better-than-expected results or swung to profitability, prompting double-digit rallies. Doximity bucked the…
