Stock Markets

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.

Articles

18,090 total articles

Copper miners rally as metal tops $14,000 a ton amid speculative buying and strong demand expectations

Copper miners rally as metal tops $14,000 a ton amid speculative buying and strong demand expectations

Copper mining equities jumped Thursday after the industrial metal surged to fresh record levels above $14,000 a metric ton. The London Metal Exchange three-month contract rose sharply during Asian trading before trimming gains, while the Shanghai most-active contract closed notably higher. Analysts point to speculative buying, expectations of robus…

Unicycive Shares Rise After FDA Accepts Resubmitted NDA for OLC

Unicycive Shares Rise After FDA Accepts Resubmitted NDA for OLC

Unicycive Therapeutics saw its stock climb after the U.S. Food and Drug Administration accepted the company's resubmitted New Drug Application for oxylanthanum carbonate (OLC). The agency classified the filing as a Class II complete response with a six-month review window and set a PDUFA target action date of June 27, 2026. Unicycive reported $41.3…

Valero Posts Q4 Beats as Refining Margins Recover and Throughput Rises

Valero Posts Q4 Beats as Refining Margins Recover and Throughput Rises

Valero Energy reported adjusted fourth-quarter earnings above Street estimates, driven by a recovery in U.S. refining margins and modest growth in throughput. The Houston-based refiner cited a material increase in per-barrel refining margin versus the prior year and noted progress on a refining optimization project at its St. Charles facility. Mark…

J.P. Morgan shifts stainless steel ratings as EU trade and carbon rules loom

J.P. Morgan shifts stainless steel ratings as EU trade and carbon rules loom

J.P. Morgan updated coverage across several European steel names, upgrading Aperam to overweight while downgrading Acerinox and cutting SSAB to neutral. The moves reflect differing company exposures to European end-markets and anticipated policy changes: an EU proposal to reduce duty-free steel imports by roughly 40% and the next phase of the Carbo…

Ocado stock slides after Sobeys closes Calgary robotic fulfilment centre

Ocado stock slides after Sobeys closes Calgary robotic fulfilment centre

Shares of British online grocery and technology firm Ocado fell about 10% in London after Sobeys, its Canadian partner, announced it will shut a robotic customer fulfilment centre in Calgary, attributing the decision to weaker-than-expected expansion of Alberta’s online grocery market. Ocado said its Greater Toronto and Montreal sites will stay ope…

PicPay's Nasdaq Debut Ends Four-Year Dry Spell for Brazilian Listings

PicPay's Nasdaq Debut Ends Four-Year Dry Spell for Brazilian Listings

PicPay, the Brazilian digital bank controlled by the Batista family, launched its IPO on Nasdaq after raising $434 million by selling 22.86 million shares at $19 each. The listing - the first by a Brazilian company in more than four years - valued PicPay at about $2.6 billion and may expand to roughly $500 million if underwriters exercise a 30-day …

Fitch Outlook Upgrade Fuels Rally in Turkish Bank Stocks

Fitch Outlook Upgrade Fuels Rally in Turkish Bank Stocks

Shares of Turkey's largest banks jumped after Fitch Ratings shifted the outlooks for Akbank, Garanti Bankasi, Is Bankasi and Yapi Kredi from stable to positive. The banking index outpaced the broader BIST 100 as traders responded to the change in sentiment, though the long-term issuer ratings were left at 'BB-'.