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.
30,155 total articles
GitLab Inc. announced a substantial workforce reduction and organizational overhaul, calling the initiative 'GitLab Act 2' to ready the company for an 'agentic era' of AI-led engineering. The news, disclosed in an 8-K filing, came alongside a reaffirmation of existing fiscal 2027 guidance and preceded an 8.2% decline in after-hours trading.
The U.S. Department of Justice has asked a federal court to dismiss criminal charges accusing British American Tobacco of conspiring to evade U.S. sanctions by supplying cigarettes to North Korea, stating the company fulfilled the terms of a deferred prosecution agreement signed in April 2023. The agreement included enhanced compliance measures and…
OpenAI introduced Daybreak, an effort to integrate defensive resilience into software design rather than relying on after-the-fact patching. The program uses OpenAI models and the agentic capabilities of Codex to help security teams surface subtle vulnerabilities, validate fixes automatically and accelerate remediation, while incorporating safeguar…
Mexico's benchmark index closed higher on Monday, propelled by advances in Industrials, Consumer Goods & Services and Consumer Staples. The S&P/BMV IPC rose 0.56% to reach a one-month high, while several individual stocks posted notable intraday moves in both directions. Market breadth was negative overall, with more decliners than advancers, and …
Colombia's benchmark index ended Monday lower, with the COLCAP slipping 0.64% to a three-month low. Losses were concentrated in Financials, Investment and Public Services sectors. A handful of stocks posted gains, but declines outnumbered advances on the exchange as select commodities and FX instruments moved modestly.
Russian equities closed higher on Monday, with the MOEX Russia Index rising 2.24% as stocks in the Oil & Gas, Mining and Power sectors drove the advance. Steel and metallurgical companies were among the session's strongest performers, while selected utilities and agribusiness instruments finished unchanged. Volatility in options markets ticked up a…
May 11 - GoPro said on Monday it will conduct a strategic review that could include selling the company or pursuing a merger, following several unsolicited inquiries received after hiring a consulting firm to explore defense and aerospace opportunities. The announcement coincided with a more than 27% jump in the stock in after-hours trading and a r…
Victoria's Secret disclosed in a regulatory filing that it refused a board seat to Australian investor Brett Blundy after finding potential reputational and legal risks, conflicts of interest and competition concerns. The filing also says one director, Mariam Naficy, will not stand for re-election because of the demands created by BBRC's proxy camp…
KKR said it will invest $300 million into FS KKR Capital, buying $150 million of convertible perpetual preferred stock and offering up to $150 million through a tender for common shares, as the private credit fund reported growing losses, a sharp fall in net asset value per share and a rise in non-accrual loans. The fund also authorized a $300 mill…
GoPro Inc. (NASDAQ: GPRO) stock climbed 20% in after-hours trading after the company said its Board authorized a strategic review that may include a sale or merger. The review will involve a financial adviser and independent legal and financial counsel, with no timetable established. The move follows recent outreach tied to GoPro's push into defens…
A cluster of corporate announcements during and after the bell triggered notable after-hours swings. Missed numbers and conservative guidance pressured Hims & Hers, while Archer Aviation advanced a regulatory milestone for eVTOL aircraft alongside quarterly results. Harmonic, AbCellera and Plug Power reported stronger-than-expected first-quarter me…
U.S. stock indexes finished higher on Monday with the Dow Jones Industrial Average and S&P 500 each gaining 0.19% and the Nasdaq Composite rising 0.10%. Strength in the Oil & Gas, Basic Materials and Industrials sectors powered the market. Several individual names recorded large percentage moves, including multiple all-time highs and notable declin…
Canada's S&P/TSX Composite finished modestly higher, gaining 0.18% at the close in Toronto, powered by strength in the Materials, Energy and Utilities sectors. Precious metals miners posted some of the largest advances, while notable declines in healthcare and technology weighed on the session. Volatility eased slightly and commodity markets saw ga…
Brazil's Bovespa index closed down 1.19% on Monday, touching a one-month low as losses in the Consumption, Real Estate and Financials sectors weighed on the market. Minerva SA/Brazil, Vale SA and Braskem SA were the session's top performers, while C A Modas SA, Cogna Educacao SA and Rede D'Or São Luiz SA posted the largest declines. Market breadth …
INNIO N.V. has submitted a filing for a proposed initial public offering on the Nasdaq. The company positions itself as a global provider of distributed energy solutions focused on reciprocating gas engines that run on gaseous fuels, serving grids, data centers and industrial applications. The filing includes recent installed base and power deliver…
The U.S. Supreme Court has prolonged a temporary stay that blocks a decision curtailing the ability to prescribe and mail the abortion pill mifepristone. Justice Samuel Alito maintained the pause until May 14, allowing the medication to continue to be dispensed by mail while the full Court considers appeals by two drug manufacturers against a 5th U…
The U.S. Commerce Department removed a webpage detailing its agreement with Google, xAI and Microsoft to provide pre-deployment AI models for government security testing. The link returned an error and later redirected to the Center for AI Standards and Innovation, the office charged with the testing. The department had said companies would hand ov…
Former OpenAI chief scientist Ilya Sutskever told a California courtroom that his ownership stake in the AI startup is worth roughly $7 billion as he testified in the legal dispute between Elon Musk and OpenAI. The trial, which has drawn testimony from current and former OpenAI executives as well as Microsoft CEO Satya Nadella, could influence gove…
Toyota Motor Corporation announced plans to build a new assembly plant in the Bidkin industrial area of Maharashtra, India, with production scheduled to begin in the first half of 2029. Operated by Toyota Kirloskar Motor, the facility is intended to reinforce the automaker's production base in India and supply vehicles to domestic and nearby region…
The Commerce Department removed a webpage that described its arrangement with Google, xAI and Microsoft to provide pre-release AI models for government security testing. The previously available announcement link now returns a "Sorry, we cannot find that page." message and later redirects to the Center for AI Standards and Innovation site. The depa…
Onex Partners is seeking to raise $1 billion through a single-asset continuation fund to extend its remaining minority stake in OneDigital, with Evercore advising on the proposed transaction. The strategy reflects growing use of secondaries structures that allow private asset managers to keep positions beyond conventional fund timelines.
SoFi Technologies stock climbed in midday trading after reports that the company agreed to acquire most of PrimaryBid, a U.K. fintech that facilitates retail access to capital markets. The move, coupled with CEO Anthony Noto's recent purchase of company stock, reinforced confidence following SoFi’s record Q1 results, though key transaction terms re…
Google and Apple have started a coordinated beta deployment of end-to-end encryption (E2EE) for Rich Communication Services (RCS) texts, enabling encrypted conversations by default between Android and iPhone users. The feature is available for iPhone users on iOS 26.5 with supported carriers and for Android users on the newest Google Messages relea…
Google has launched the Research Program at the Intersection of Life Sciences & Quantum AI, named REPLIQA, pledging $10 million to fund work at five universities that are investigating how quantum technology and artificial intelligence can be applied to biological problems such as protein folding and cellular responses to drugs.
Activist investor PrimeStone Capital has urged Intertek's board to open substantive engagement with private equity suitor EQT after Intertek dismissed a third revised takeover offer. Holding roughly 0.5% of Intertek through its advised funds, PrimeStone has requested supervised due diligence access and questioned the board's current fair value asse…
