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
Netflix said it will release Greta Gerwig’s adaptation of C.S. Lewis’ The Magician’s Nephew in a wide theatrical release on February 12, with the title remaining exclusive to cinemas for more than 45 days before appearing on the streaming platform on April 2. The decision marks the first time Netflix has committed to a broad theatrical window of th…
The U.S. Food and Drug Administration authorized Veppanu, an oral therapy developed by Pfizer and Arvinas, for adults with estrogen receptor-positive, HER2-negative breast cancer that is advanced or inoperable and who carry an ESR1 mutation. Approval covers patients whose disease progressed following at least one hormone therapy. The regulator also…
Shares of eBay climbed sharply in after-hours trading after reports that GameStop is preparing a formal bid for the e-commerce marketplace, sending GameStop stock higher as well. The reported approach reflects GameStop CEO Ryan Cohen's strategy to expand beyond video games into high-end collectibles and other retail categories, with an eye toward a…
The Environmental Protection Agency’s recently announced Renewable Fuel Standard obligations for 2026 and 2027 set record biodiesel and renewable diesel volumes that industry participants say will be hard to meet after a difficult prior year. Meeting the EPA’s mandates requires a steep rise in production and generation of compliance credits; analys…
Brown University's $8 billion endowment substantially reduced its holdings in Blue Owl Capital Corp, a publicly traded private credit fund, lowering the stake from 3.2 million shares at the end of 2025 to 1.5 million shares at March 31, according to a 13-F filing. The university kept its roughly 2.6 million shares in Blue Owl's management company. …
GameStop is reportedly preparing an acquisition proposal for eBay and has been accumulating a position in the online marketplace's shares. Market reaction in after-hours trading saw eBay jump roughly 9% while GameStop rose about 3%. Company comments were not immediately available, and a formal proposal could arrive as soon as later this month.
Cerebras Systems Inc. is preparing to offer up to $4 billion in an initial public offering and is targeting a valuation near $40 billion, according to people familiar with the matter. The Sunnyvale, California company may begin formal marketing as soon as Monday, and banks involved have received indications of interest exceeding $10 billion. Compan…
Apple senior executive Eddy Cue said a sequel to the Brad Pitt-led F1 film is likely and indicated Apple wants to grow its involvement in Formula One beyond the U.S. after securing exclusive American broadcast rights for the 24-race season. Cue praised the reception to Apple TV's coverage, highlighted ambitions to expand into additional markets, an…
Walt Disney Co. executives are discussing a plan to merge several of the company’s mobile applications into a single platform that would combine Disney+ with park and cruise apps, enabling ticketing, merchandise purchases, gaming and streaming from one interface. The initiative is being driven by new CEO Josh D’Amaro and remains at an exploratory s…
West Enclave Merger Corp. completed an initial public offering of 10 million units at $10.00 per unit, producing $100 million of gross proceeds. The special purpose acquisition company placed $101 million into a trust using IPO proceeds and a concurrent private placement, and its units began trading on the New York Stock Exchange under the symbol "…
Mountain Crest Acquisition 6 Corp. raised $60 million by selling 6 million units at $10 per unit in an initial public offering. Units began trading on the Nasdaq Global Market on April 30, 2026. Each unit contains one ordinary share and one right, with the right convertible into one-fourth of a share upon completion of the company's initial busines…
U.S. equity markets closed with a split outcome on Friday, led higher by gains in Technology, Consumer Goods and Telecoms while Oil & Gas, Industrials and Utilities exerted downward pressure. The Dow Jones Industrial Average finished lower, while the S&P 500 and NASDAQ Composite posted gains. Several large-cap and small-cap names showed outsized mo…
Canada's main stock index closed lower Friday, falling 0.22% as declines in the Materials, Energy and Healthcare sectors outweighed gains among select small- and mid-cap names. Market breadth was modestly positive while volatility readings eased to a one-month low. Commodities and currency moves accompanied the equity action.
RRE Ventures Acquisition Corp. raised $250 million by selling 25 million units priced at $10 apiece in an initial public offering. The Cayman Islands-incorporated special purpose acquisition company began trading on the Nasdaq Global Market on April 30, 2026 and plans to pursue business combinations in sectors aligned with its management team’s exp…
Preliminary ship-tracking data indicate U.S. liquefied natural gas flows to Asia climbed sharply in April, as reduced exports from the Middle East left buyers in the region seeking alternative suppliers. Nearly one quarter of U.S. LNG exports flowed to Asian markets in April, with shipments rising markedly since the conflict in late February, while…
Purdue Pharma has ceased operations and emerged from bankruptcy as a nonprofit, Knoa Pharma, charged with supplying overdose-reversal and addiction-treatment medicines at or below cost. The transition follows the completion of the company's criminal sentencing and is part of a $7.4 billion settlement designed to redirect resources toward addressing…
Commodity Futures Trading Commission data show asset managers reduced net long exposure in S&P 500 Consolidated futures by 21,120 contracts to 998,208 for the week ending April 28, with similar cuts in E-Mini contracts. Dealer and intermediary shorts eased, leveraged funds shifted modestly, and large increases in 10-Year Treasury note longs were re…
A federal jury found former U.S. Representative David Rivera guilty of illegally lobbying U.S. officials in 2017 to ease pressure on Venezuela’s ousted president. The conviction, handed down after a six-week trial in Miami, centered on allegations that Rivera failed to register under the Foreign Agents Registration Act while receiving substantial p…
Shares of SoundHound AI climbed 18% on Friday as momentum traders targeted the stock ahead of the company's May 7 quarterly results. The rally occurred against a backdrop of elevated short interest, leaving market participants to weigh the potential for a short squeeze and increased volatility around the earnings release.
Equity markets on Friday saw a broad mix of advances and declines across market-cap tiers. Large technology and healthcare mega-caps pushed higher, while a set of mid- and small-cap names experienced sharp moves driven by quarterly results, guidance revisions and corporate announcements. Atlassian posted one of the largest single-day gains among la…
Markets enter the week with a set of scheduled releases and speeches on Monday, May 4, 2026, led by factory orders data at 9:00 AM ET and remarks from Federal Reserve Bank of New York President John Williams at 11:50 AM ET. The flow of manufacturing metrics, short-term Treasury bill auctions, and banking surveys will offer fresh information on dema…
U.S. equities appeared poised for a positive start to May, with the S&P 500 and Nasdaq climbing despite lingering concerns about the fragility of the U.S.-Iran ceasefire. After a busy week of corporate results, several individual names stood out for the magnitude of their moves: Intel and Google rallied on robust quarterly beats and AI-driven momen…
Exxon Mobil is assessing possible investments in Venezuela following recent changes to the country's energy regulations and contract terms, CEO Darren Woods said. The comments mark a shift from earlier in the year when Woods described Venezuela's oil sector as "uninvestable" during a White House meeting. Exxon dispatched a team to Venezuela to exam…
Two U.S. senators have accused Meta of improperly removing advertisements placed by attorneys seeking clients for lawsuits alleging social media-driven addiction and harm. The bipartisan letter to Chief Executive Officer Mark Zuckerberg follows reporting that Meta pulled the ads, which attorneys said were intended to recruit plaintiffs for ongoing …
Meta Platforms has completed its acquisition of Assured Robot Intelligence, a startup that develops AI models for robots. The team and co-founders will join Meta Superintelligence Labs and collaborate with Meta Robotics Studio to advance humanoid capabilities. Financial terms were not disclosed; Assured’s staff were based in San Diego and New York.
