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.
30,153 total articles
Ecopetrol has struck a deal to purchase about a 26% stake in Brazilian energy firm Brava and plans a public tender offer on Brazil's B3 exchange to build a controlling position. The proposed offer would value Brava shares at 23 reais each, a 27.8% premium to the company’s 90-day volume-weighted average price. The transaction requires sign-off from …
The PGA Tour has reduced its workforce by 4% as part of an organisational restructuring connected to its transition to a for-profit model. The organisation confirmed that 56 full-time U.S.-based employees were laid off and 73 open positions will remain unfilled. The changes were communicated to affected staff by senior team leaders and explained to…
Citigroup is launching a new division inside its investment banking arm aimed at deepening work with financial sponsors and other large private capital clients. The Financial and Strategic Investors group will succeed the bank's Global Asset Management unit and serve three client segments: financial sponsors, sovereign wealth funds and family offic…
Shares of Skillz Inc. jumped sharply after a federal jury in Manhattan found Papaya Gaming Ltd. liable for false advertising and ordered $420 million in damages. The jury also determined Skillz is entitled to $652 million in disgorgement, with a judge scheduled to issue a decision on that figure in early June. The ruling followed a week-long trial …
FuboTV said it is building a user-configurable Multiview experience for select LG smart TVs, aiming to bring the feature to LG devices in time for the 2026 football season. The feature supports up to four simultaneous live channels, is customizable across all Fubo channels, and already exists on Apple TV and some Roku units.
Electrolux announced a 9 billion Swedish crown rights issue and a strategic joint-venture agreement with China's Midea Group to reorganize its North American operations. The deal will create three JVs to handle food preservation products and factory operations in Mexico and South Carolina. Electrolux said the partnership will drive significant one-…
Stocks across market-cap tiers experienced notable volatility on Thursday. Semiconductor and industrial names posted some of the strongest gains, while a number of service, software and specialty-equipment companies declined sharply. The session was punctuated by company-specific catalysts such as guidance and earnings beats, share-buyback authoriz…
Traders will close out the week with a sequence of scheduled data releases on Friday, April 24, 2026, that include the University of Michigan’s final consumer sentiment and expectations measures, Baker Hughes’ weekly U.S. and total rig counts, and the Commodity Futures Trading Commission’s weekly Commitments of Traders reports across a broad set of…
A varied roster of companies across multiple sectors is slated to release quarterly results on Friday, April 24, 2026. Major names reporting before the market open include Procter & Gamble, HCA Holdings, Schlumberger and ENI SpA, while Hilltop Holdings is scheduled to report after the close. The list spans consumer goods, healthcare, oilfield servi…
Blackstone Inc.'s secondaries platform, Strategic Partners, reported $100 billion of assets under management in the first quarter, driven in part by renewed fundraising for its flagship secondaries fund and a broadened market for secondhand private fund stakes. Executives highlighted new inflows, a strong realized return on a recent vintage fund an…
Brazil’s antitrust authority CADE has voted to return an inquiry into Alphabet’s Google to its general superintendence for formal administrative proceedings, saying the company’s handling of journalistic content has evolved since the probe began in 2019. The decision follows an interim chief’s recommendation that new developments - including genera…
Brazil’s antitrust authority CADE has approved a recommendation to expand its inquiry into Alphabet’s Google over how the company uses journalistic material. The move sends the matter back to CADE’s general superintendence for formal administrative proceedings, with officials citing changes in Google’s practices since the probe began in 2019 and co…
KeyBanc Capital released a ranked list of five healthcare stocks led by Elanco Animal Health. The firm's selections include companies from animal health, digital musculoskeletal care, beauty and wellness technology, pharmacy automation, and fertility benefits management. The report notes recent corporate developments and analyst reactions for each …
Meta Platforms Inc. will reduce its workforce by about 10%, or nearly 8,000 employees, and will not fill roughly 6,000 open positions, according to an internal memo dated Thursday. The company says the moves are intended to improve operational efficiency and help offset large investments in artificial intelligence, including spending on talent, inf…
Nasdaq announced a package of upgraded market products to support a planned expansion of U.S. equity trading to 23 hours a day, five days a week. The exchange said the enhancements will improve data analytics and visibility across its three equity venues as it positions for greater global participation in U.S. stocks. Nasdaq expects the extended ho…
Shares of major software companies plunged on Thursday following earnings from ServiceNow and IBM that raised fresh questions about the resilience of subscription-based cloud models in the face of AI tooling. ServiceNow plunged 18% after signaling a geopolitical headwind to subscription revenue, while IBM slid 9.25% despite beating estimates but ho…
The White House has received proposed rule changes from the Securities and Exchange Commission that aim to simplify and accelerate the process for companies going public or raising capital. Key measures under review include a modernized shelf registration process to permit quicker securities issuance and an expansion of simplified disclosure standa…
Arca Continental's shares climbed more than 4% in early trading after the Mexican bottler reported volume gains that exceeded forecasts and kept EBITDA largely unchanged despite the introduction of a health tax on sugary drinks in Mexico. Volumes rose 2% year-on-year, supported by a near 10% increase in bottled water and a 1% rise in colas, while E…
American Airlines Chief Executive Robert Isom rejected the idea of merging with United Airlines as anti-competitive, pledged to protect the carrier's operations at Chicago O'Hare and said partnerships - including potential deeper ties with Alaska Airlines - represent a more prudent strategy for expansion. His remarks came during American's first-qu…
Lamborghini has temporarily stopped sales and shipments to much of the Middle East as conflict in the region forces dealerships to close and prevents cars from being sent. The interruption threatens the Gulf selling season, a key period for the brand, and complicates logistics despite efforts to explore alternative ports.
The U.S. Federal Trade Commission has reached a confidential settlement in its case against a private equity-backed company accused of consolidating anesthesiology practices and driving up prices in Texas. The FTC says the agreement, whose details are not yet public, is intended to restore competitive market structure and will be enforced if the de…
Private equity firm Thoma Bravo is close to transferring control of customer experience software company Medallia to its lenders, a move that would eliminate roughly $5.1 billion of shareholder equity. Creditors that hold about $3 billion of the companys debt - including Blackstone, KKR, Apollo Global, and Antares Capital - would assume ownership …
Warner Bros Discovery shareholders approved a proposed $110 billion merger with Paramount Skydance, but in a non-binding advisory vote they rejected the executive pay packages linked to the deal. With shareholder consent secured, regulators in the U.S. and U.K. are expected to review competitive effects, and the U.S. Department of Justice has alrea…
Ubisoft will release Assassin's Creed Black Flag Resynced on July 9, its first major title since a profit warning in January. The remake, primarily developed by Ubisoft Singapore, offers enhanced visuals, new gameplay elements, an expanded storyline and a soundtrack featuring Woodkid. The launch comes as Ubisoft grapples with a 93% fall in market c…
U.K. equities finished lower on Thursday, with the United Kingdom 100 closing down 0.12%. Gains in select large-cap names contrasted with heavier losses in mining and financial-linked stocks. Market breadth favored decliners, while commodity and currency markets saw modest moves during the session and the US Dollar Index futures ticked up.
