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.
30,139 total articles
Stocks across market-cap tiers moved sharply Wednesday as company-specific developments - including earnings beats, contract awards, production investments and weaker guidance - drove both rallies and heavy sell-offs. GE Vernova and Micron Tech led gains among mega-caps, while Avis Budget and several mid- and small-cap names posted steep declines.
Market participants face a full slate of U.S. economic data on Thursday, April 23, 2026, headlined by initial jobless claims and monthly purchasing managers' indexes for services and manufacturing. The timing and content of these releases - along with weekly Federal Reserve balance metrics and Treasury bill auctions - will offer fresh signals on la…
Rivian has begun producing its first customer R2 midsize SUVs and is using the new model as a platform for advancing its autonomous driving program. CEO RJ Scaringe said the R2 fleet will feed data into the company’s large driving model via upgraded sensors and chips. The vehicle expands Rivian’s market reach with lower-priced variants, while produ…
Arm Holdings ADR (NASDAQ:ARM) climbed sharply after the company’s chief executive, Rene Haas, assumed an extra role as Chief Executive Officer of SoftBank Group International. The move - effective Monday - reinforces the operational link between Arm and its largest shareholder, SoftBank, and coincides with elevated demand and pricing for CPUs amid …
U.S. officials are expected to move marijuana out of the most restrictive federal category and into a lower-risk schedule. Such a change would remove a major tax barrier, potentially widen access to banking and institutional capital, and accelerate clinical study — changes that could materially affect producers, investors and the broader cannabis m…
Deutsche Telekom is reportedly considering a transaction with T-Mobile US that would form a combined company valued at about $300 billion, surpassing the 1999 Vodafone-Mannesmann deal as the largest M&A on record. The German group already owns 53% of the U.S. carrier. Possible structures could mirror past cross-border all-share mergers with a newly…
Shares of major credit scoring firms fell sharply after Freddie Mac and Fannie Mae said they would begin accepting mortgage loans assessed using VantageScore 4.0. The announcement included a limited rollout with approved lenders and confirmation that work is underway to implement FICO Score 10T, beginning with the publication of historical credit s…
Institutional Shareholder Services (ISS) has recommended that ConocoPhillips investors support a non-binding shareholder proposal to separate the roles of board chair and chief executive, arguing an independent chair would strengthen board oversight. ISS flagged potential shortcomings in the current governance framework and pointed to the company’s…
Spotify stock dropped sharply on Wednesday after Texas Attorney General Ken Paxton announced an investigation into major streaming services over allegations that platforms accepted payoffs to promote specific songs, artists, or other content. The inquiry, which also targets Apple Music, Pandora, Amazon Music, and YouTube Music, involves Civil Inves…
Minutes from the Reserve Bank of India’s April 2026 Monetary Policy Committee meeting show policymakers taking a measured stance amid supply-chain disruption tied to the Middle East conflict. Goldman Sachs continues to forecast two 25 basis point repo rate increases this year, lifting the repo rate to 5.75% by end-2026, while MPC members emphasize …
Replimune Group (NASDAQ:REPL) shares rose 15% on Wednesday after Health Secretary Robert F. Kennedy Jr. told a Senate hearing that he was not involved in the Food and Drug Administration’s decision to reject the company’s cancer treatment, RP1. Kennedy said the decision was handled by FDA leadership, and he cited discussions with Commissioner Dr. M…
Mizuho has identified Fair Isaac Corporation (FICO) and Equifax (EFX) as U.S. business-services companies with durable market positions, strong free cash flow potential and exposure to mortgage refinancing and regulatory-led growth. The bank projects above-consensus compound annual growth for several financial metrics at both firms if interest rate…
Northland Capital Markets began coverage of the quantum computing industry, arguing quantum machines are the primary route to handle AI training workloads that exceed classical hardware capacity. Senior analyst Nehal Chokshi set valuations, ratings, and a long-term cash-flow framework that favors certain modalities and specific companies while trea…
Microsoft announced plans to integrate advanced AI systems, including Anthropic's Claude Mythos Preview, into its Security Development Lifecycle (SDL). The company said embedding these models will accelerate discovery of vulnerabilities and the creation of fixes earlier in the software development process. Anthropic's Mythos, unveiled April 7, has …
AbbVie will invest $1.4 billion to build a 185-acre pharmaceutical manufacturing campus in Durham, North Carolina, designed to produce medicines for immunology, neuroscience and oncology. Construction is scheduled to begin in 2026 with a target completion by the end of 2028. The project is the largest single-campus capital expenditure in the compan…
Microsoft announced plans to incorporate Anthropic’s Claude Mythos Preview and other advanced AI models into its secure coding processes. The company says the integration into its Security Development Lifecycle will accelerate early-stage vulnerability identification and fixes. Anthropic is initially deploying Claude Mythos Preview to a limited set…
Health and Human Services Secretary Robert F. Kennedy Jr. told a Senate budget hearing he was not involved in the U.S. Food and Drug Administration's decision to decline approval of Replimune's investigational skin cancer therapy RP1, saying the matter rested with FDA Commissioner Dr. Marty Makary. The FDA cited insufficient evidence from a single-…
Rebeca Grynspan, candidate for U.N. secretary-general and current head of the U.N. Conference on Trade and Development, told a candidacy hearing in New York that peacemaking would be her foremost duty if selected and that she would also pursue reforms to restore trust in the organization. Grynspan is one of four contenders seeking the five-year ter…
TMX Group has agreed to purchase Cboe Global Markets’ Canadian and Australian exchange businesses for $300 million. The acquisition, which includes Cboe Canada and Cboe Australia, brings revenue and adjusted EBITDA contributions from those units and is intended to expand TMX’s footprint in mining-heavy markets while supporting growth in derivatives…
Goldman Sachs has named Akila Raman as global head of its private and alternatives capital markets business and expanded Michael Voris's responsibilities as Americas head of Equity Derivatives. Both appointments sit within the Capital Solutions Group, the unit formed last year to support financing for large transactions and to provide loans to corp…
VAST Data said its Series F fundraise valued the company at $30 billion, more than tripling its 2023 valuation. The New York-based storage software provider, backed by Nvidia, secured roughly $1 billion in primary and secondary capital from a round led by Drive Capital and Access Industries, with participation from existing and new investors. Proce…
Morgan Stanley’s Global Hotel Weekly RevPAR tracker recorded a notable pickup in U.S. revenue per available room for the week ending April 18, with sizeable year-over-year gains in several markets. The U.S. recorded a 14.6% increase, aided by easier comparisons tied to last year’s later Easter. Japan also posted strong growth, while Europe, the U.K…
Micron Technology is actively advocating for new U.S. export controls aimed at equipment supplied to Chinese chip fabrication facilities. A U.S. House panel has moved to vote on the MATCH Act, legislation intended to close loopholes in existing restrictions and to encourage foreign vendors to align with curbs already applied to U.S. equipment maker…
Deutsche Telekom is conducting early-stage discussions to merge with majority-owned T-Mobile US, a move that could create the world’s largest telecoms company by market capitalisation. Shares of both firms fell after the reports. Analysts note potential financial and strategic advantages but caution the proposal faces significant regulatory scrutin…
NVIDIA and Google Cloud announced an expanded collaboration focused on agentic and physical AI, unveiling new bare-metal instances and an expanded set of GPU-backed offerings. The companies introduced A5X bare-metal instances powered by NVIDIA Vera Rubin that can scale to 960,000 Rubin GPUs in a multisite cluster and up to 80,000 Rubin GPUs in a si…
