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.
30,138 total articles
Britain’s senior foreign ministry official will leave his position after Prime Minister Keir Starmer and Foreign Minister Yvette Cooper lost confidence in him, following the disclosure that Peter Mandelson failed a security vetting yet was later granted clearance. The episode has heightened pressure on Starmer over his decision to appoint Mandelson…
Kailera Therapeutics Inc. has priced its initial public offering at $16.00 per share for 39,062,500 common shares, aiming to raise approximately $625.0 million in gross proceeds before underwriting discounts and offering expenses. The Waltham, Massachusetts-based biotechnology company plans to begin trading on the Nasdaq Global Select Market on Apr…
JATT II Acquisition Corp completed the pricing of its initial public offering of 6 million ordinary shares at $10 per share, raising $60 million. The SPAC expects its shares to begin trading on NASDAQ under the symbol JATT on April 17, 2026, with the offering scheduled to close on April 20, 2026. Management said the company will concentrate its sea…
Oportun Financial Corporation announced that Doug Bland will become its chief executive and join the board effective April 20, 2026. The news prompted a roughly 3% rise in Oportun shares in after-hours trading. Bland brings more than three decades of experience in consumer financial services, including senior roles at PayPal, Swift Financial and Ba…
Goldman Sachs is preparing for the departure of two senior bankers from its Asia operations after seven years with the firm. Dawei Huang, co-head of China technology, media and telecommunications, plans to leave the banking sector to join a technology company. Samuel Thong, a leader in health-care investment banking for Asia excluding Japan, is als…
NiSource said it has signed a long-term energy supply agreement with an Alphabet unit to support a large data center in northern Indiana and expanded its existing arrangement with Amazon to accelerate power delivery and advance household bill credits. The company's GenCo model will supply roughly 340 megawatts from owned generation plus up to 175 m…
Perplexity has introduced Personal Computer, a new feature that extends the Perplexity Mac App to operate directly on local folders, native macOS applications and web content. The capability, which is being rolled out to Perplexity Max subscribers and waitlist members starting today, supports continuous background operation on devices such as the M…
Mexico's benchmark S&P/BMV IPC fell 0.78% at Thursday's close, with declines concentrated in Industrials, Consumer Goods & Services and Consumer Staples. Market breadth was mixed, while commodities and foreign-exchange rates showed modest movement during the session. A handful of stocks bucked the trend, posting gains, while several large-cap names…
Colombian stocks finished higher after Thursday trading, with the COLCAP index rising 0.35% as gains in Industrials, Services and Agriculture weighed in. Etb was the session's top gainer, while Grupo Energia Bogota, Organizacion Terpel and Bancolombia Pf were among the largest decliners. Commodity and FX moves were mixed.
Valero has partially restarted its 380,000 barrel-per-day Port Arthur, Texas refinery after a March 23 explosion and fire. The 115,000-bpd AVU-147 crude distillation unit is back in operation, while the larger 210,000-bpd AVU-146 remains shut as crews repair a damaged heater tube discovered during post-incident inspections. No injuries were reporte…
Russian equities closed modestly higher on Thursday, with the MOEX Russia Index finishing up 0.02%. Gains concentrated in mining, power and manufacturing names, while several large caps and airlines weighed. Market breadth was negative, and the Russian Volatility Index declined alongside mixed commodity price action.
Kone Oyj is reported to be in advanced negotiations to acquire TK Elevator, with discussions ongoing between Kone and TK Elevator’s private equity owners, Advent and Cinven. Those backers have been seeking a valuation of up to €25 billion, including debt, and are also weighing alternative routes such as a public listing. Sources say the parties are…
The U.S. Federal Aviation Administration has ordered a temporary cap on daily operations at Chicago O’Hare International Airport for the summer season, restricting arrivals and departures to 2,708 per day between May 17 and October 24. The move follows weeks of negotiations after airlines submitted plans for more than 3,000 daily flights on peak da…
Spirit Airlines' plan to exit bankruptcy hinges on fuel prices far below current market levels. With jet fuel roughly double the price assumed in the carrier's restructuring projections, analysts and lenders warn the carrier could face material operating losses, cash shortfalls and a heightened risk of liquidation unless costs or revenues move in w…
Summary: Stocks moved in after-hours trading on developments ranging from corporate guidance and leadership changes to earnings misses, a capital raise and strategic infrastructure agreements. Netflix shares dropped despite stronger-than-expected quarterly results after guidance disappointed and Chairman Reed Hastings said he would depart. Alcoa mi…
NiSource Inc. shares climbed about 3% in after-hours trading after the utility announced long-term energy agreements with subsidiaries of Alphabet Inc. and Amazon Data Services, Inc. The pacts support large-scale data center development in northern Indiana, use NiSource’s NIPSCO Generation LLC (GenCo) model, and include commitments intended to prod…
Canadian equities closed lower on Thursday, with the S&P/TSX Composite declining 0.30% as losses in several sectors outweighed advances among individual large movers. Market breadth was positive but muted, volatility gauges climbed and commodity prices diverged, with crude rising and gold easing.
Brazil's main equity index ended Thursday in negative territory, with losses concentrated in the Consumption, Industrials and Real Estate sectors. The Bovespa finished down 0.46% as a larger number of stocks declined versus those that gained. Volatility measures eased to a one-month low while moves in gold, oil and coffee highlighted the commodity …
U.S. stock indices closed higher on Thursday with the Dow Jones Industrial Average reaching a one-month high. Strength in Telecoms, Oil & Gas and Basic Materials helped lift the market, while individual large-cap names showed divergent performance. Market breadth was positive on both exchanges and volatility declined to a one-month low. Commodi…
Trevi Therapeutics saw its shares tumble in after-hours trading after the company announced an underwritten public offering of common stock intended to raise $150 million. The clinical-stage biopharmaceutical company, which is developing Haduvio (oral nalbuphine ER) for chronic cough in several patient populations, will sell all shares in the offer…
Knight-Swift Transportation reduced its first-quarter adjusted EPS guidance to $0.08-$0.10 from $0.28-$0.32, citing several one-time and operational headwinds. The company issued a second-quarter outlook of $0.45-$0.49 per share and pointed to improving freight market fundamentals despite near-term disruptions.
Netflix said its co-founder and chairman, Reed Hastings, will not stand for re-election at the company's annual meeting in June and will turn his attention to philanthropy and other pursuits. In a 14-page shareholder letter, Netflix reiterated its core mission and highlighted recent financial results, the $2.8 billion termination fee tied to the co…
U.S. Trade Representative Jamieson Greer told a congressional budget hearing that the administration is writing text for a plurilateral trade agreement on critical minerals. The proposed arrangement would create a market among participating countries that trades at market-based prices and would impose a price floor on non-members seeking to trade w…
OpenAI on Thursday introduced GPT-Rosalind, an AI model engineered to assist work in biology, drug discovery and translational medicine. The model is tuned for scientific workflows spanning chemistry, protein engineering and genomics, and will be available as a research preview to qualified customers through a trusted-access deployment. Early bench…
OpenAI has unveiled GPT-Rosalind, an AI model tailored to life sciences research. Positioned to assist tasks from literature review to experimental suggestion, the model is being offered as a research preview through ChatGPT, Codex and the API for eligible customers and accompanied by a free Codex plugin connecting users to over 50 scientific tools…
