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.
8,956 total articles
U.S. officials are preparing to announce tariffs on pharmaceutical companies that have not struck deals to guarantee lower prices domestically, with a potential 100% tariff on imported branded and patented medicines. Some multinational drugmakers have negotiated exemptions by committing to pricing arrangements and U.S. investment, while others have…
Globalstar Inc. shares rallied sharply in after-hours trade after reports indicated Amazon is in discussions to acquire the satellite telecommunications company. The stock jumped roughly 16% to $79.70, its highest level since early 2008. Media coverage said the potential deal would bolster Amazon's low Earth orbit satellite ambitions and position i…
Goldman Sachs reported that global hedge funds endured their worst monthly drawdown since January 2022, driven by market turbulence associated with the Iran war and rapid shifts across rates, currencies, commodities and equity factor rotations. Fundamental long/short stockpickers were broadly negative in March, with Asia-focused managers hit hardes…
The head of the Alliance for Automotive Innovation has proposed eliminating the federal 18.4-cent per gallon gasoline tax and substituting a uniform vehicle fee based on weight to fund road repairs. The recommendation aims to address a growing shortfall in the Highway Trust Fund driven by more fuel-efficient vehicles and rising electric vehicle ado…
NASA’s Artemis program is the United States’ multi-year effort to return astronauts to the Moon after the Apollo era and to create a lasting human presence there. The program, organized around the Space Launch System rocket and the Orion crew capsule and relying on commercially developed lunar landers, has moved through a sequence of milestones sin…
Intel plans to invest an additional $15 million in SambaNova, a startup chaired by Intel CEO Lip-Bu Tan, a review of corporate records and the company’s regulatory filing show. If approved by regulators, the funding would lift Intel’s ownership in SambaNova to 9%. The planned infusion follows a $35 million investment in February and is part of a br…
KKR’s non-traded BDC, KKR FS Income Trust (K-FIT), capped redemptions after repurchase requests reached roughly 6.3% of outstanding shares in Q1 2026, planning to satisfy about 80% of those requests. Its sibling vehicle, KKR FS Income Trust Select (K-FITS), repurchased all of the approximately 3.7% of shares requested. Net inflows from new subscrip…
A government-appointed expert panel has concluded that ASX Ltd.'s risk management and compliance arrangements are not yet mature or embedded across its business, leaving the exchange's role in maintaining critical market infrastructure weakened. The finding follows a probe launched by regulators and has already prompted a A$150 million capital char…
Australia’s corporate regulator has concluded an independent inquiry with findings that ASX exhibited governance weaknesses, inadequate risk management and insufficient stewardship of critical market infrastructure. The panel’s final report, based on extensive interviews and document review, echoes interim conclusions and calls for transformational…
Mexico's benchmark stock index advanced on Wednesday, supported by sector gains in industrials, consumer goods and consumer staples. The S&P/BMV IPC closed 1.59% higher, with miners and select consumer names posting the strongest moves. Market breadth favored winners as gold futures jumped and crude oil prices weakened.
The U.S. Department of Defense has granted Boeing a $900 million indefinite-delivery/indefinite-quantity contract to provide total life cycle sustainment for the T-38C Avionics System. Work will be carried out at numerous Air Force bases and other sites, with the contract expected to run through March 31, 2036. At award, the Air Force obligated $56…
Colombia's main stock index, the COLCAP, closed lower on Wednesday, slipping 0.24% as losses in the Financials, Investment and Public Services sectors outweighed gains in select mining and utility names. Mineros SA, Grupo Cibest SA and Interconnection Electric SA ESP led advancers, while Cementos Argos Pf, Organizacion Terpel SA and Corporacion Fin…
Russian equities closed marginally higher on Wednesday, with the MOEX Russia Index finishing up 0.01%. Gains were concentrated in the Mining, Power and Manufacturing sectors, while select large-cap energy and fertilizer names registered notable declines. Market breadth showed more advancing issues than decliners, and the Russian Volatility Index ro…
Since President Trump returned to office in January 2025, the U.S. Supreme Court has been asked to resolve an array of high-profile disputes touching trade, immigration, administrative authority and domestic policy. The justices have issued rulings in several matters, stayed other orders, and heard arguments that will determine whether key elements…
Global automakers have announced multi-billion-dollar plans to expand U.S. production, citing the need to mitigate the impact of proposed tariffs. Companies say they are prepared to invest heavily but require confirmation on the status of the United States-Mexico-Canada Agreement and clarity on potential vehicle duties before finalizing many site a…
KKR restricted repurchases in its non-traded business development company KKR FS Income Trust (K-FIT) after retail repurchase requests reached 6.3% of outstanding shares for a repurchase period that ended March 30. The firm capped repurchases at 5%, meeting roughly 80% of requests on a pro-rata basis. A separate vehicle, KKR FS Income Trust Select …
The U.S. International Trade Commission has initiated a Section 337 investigation into certain display devices, streaming players and related components sold under Roku and Hisense brands. The probe follows a petition from Las Vegas-based InnoTV Labs LLC alleging imported products from Roku Inc., Purple Tag Media Technology Shanghai Ltd and Hisense…
The U.S. International Trade Commission has initiated a Section 337 investigation following a petition from InnoTV Labs LLC that accuses Roku, Hisense and related importers of infringing patents through certain display devices, streaming players and components. The petitioner seeks a limited exclusion order and cease-and-desist orders to block the …
Alto Neuroscience saw its stock decline 8% after reporting that its Phase 2 proof-of-concept trial of ALTO-101 for cognitive impairment associated with schizophrenia did not achieve statistical significance on its primary electroencephalography (EEG) or cognitive endpoints versus placebo. The study did show directional EEG improvements, a near-sign…
U.S. equity benchmarks finished higher on Wednesday with the Dow Jones Industrial Average up 0.48%, the S&P 500 advancing 0.72% and the Nasdaq Composite climbing 1.16%. Strength in the Industrials, Basic Materials and Technology sectors powered the rally, while several large-cap names posted sharp declines. Market breadth was positive on both major…
Canada's main equity gauge, the S&P/TSX Composite, rose 0.58% at Wednesday's close, propelled by strength in the Healthcare, Materials and REITs sectors. Among individual movers, Discovery Silver, Capstone Mining and Torex Gold posted the largest gains, while Ivanhoe Mines, Birchcliff Energy and Advantage Oil & Gas registered the biggest drops. Bro…
Brazil's Bovespa finished higher at the close on Wednesday, supported by advances in Real Estate, Financials and Industrials. The index added 0.26% in Sao Paulo trading. Leading individual gainers included Embraer and Cyrela Brazil Realty shares, while Companhia Brasileira De Distribuica, Marfrig and Braskem posted the largest declines. Market brea…
WhatsApp reported that ASIGINT, a subsidiary of Italian company SIO, deceived roughly 200 people into installing a counterfeit version of WhatsApp that functioned as spyware. The company said the operation was highly targeted, affected users were primarily in Italy, and that SIO and Italian authorities did not respond to inquiries. The incident fol…
Shares of Estée Lauder Companies declined after reports surfaced that the company is engaged in advanced negotiations to combine with Puig Brands SA in a deal structured mainly with stock. The proposed transaction would unite sizable brand portfolios from both family-owned businesses and could be announced within weeks. Leadership continuity is exp…
Sam's Club said it will increase its annual membership fees by $10 beginning May 1, moving basic membership to $60 and its higher-tier option to $120. The move follows a prior increase in October 2022 and is intended to fund expanded services including assortment, extended store hours, and enhancements to curbside pickup and delivery. The updated p…
