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
Amazon is reportedly in late-stage negotiations to acquire satellite operator Globalstar, a move aimed at accelerating its low Earth orbit ambitions and directly competing with SpaceX’s Starlink. Media reports say a transaction could be announced imminently, but Apple’s significant stake in Globalstar and the disparity in satellite fleet size are n…
Reserve Bank of Australia Deputy Governor Andrew Hauser said he is not confident that current interest rates are sufficient to return inflation to the 2% to 3% target band. Speaking in New York, Hauser highlighted the need to monitor the economic fallout from the conflict involving Iran, while the RBA contends with fuel-driven price pressures and a…
Asian stock benchmarks climbed after indications that the U.S. and Iran remain engaged in talks despite a failed round of negotiations, while oil prices and the dollar retreated. Futures in major global equity markets were mostly higher, traders cited easing supply fears in oil markets and improved risk sentiment, even as analysts warned of persist…
U.S. equity futures were largely unchanged Monday evening after a strong Wall Street session that lifted the S&P 500 to levels not seen since before the Iran war began. Traders are shifting focus to major bank earnings due Tuesday, while geopolitical developments and oil prices continue to shape market sentiment.
United Airlines CEO Scott Kirby has proposed a possible merger with American Airlines, according to reports. Kirby is said to have raised the idea with senior U.S. government officials, though it is unclear whether any formal process toward a deal exists. The two carriers are among the largest U.S. airlines by market value and fleet size, and the p…
A 20-year-old from Texas has been charged after surveillance footage allegedly showed him throwing an incendiary device outside the San Francisco residence of OpenAI CEO Sam Altman and attempting to set fire to the company’s headquarters. Federal authorities say the suspect carried a self-authored anti-AI document that included threats and recovere…
Rising petrol prices in Europe contributed to a record month for electric vehicle (EV) registrations in March, helping global EV registrations increase for the first time this year. Data from consultancy Benchmark Mineral Intelligence show a 3% year-on-year rise in global battery-electric and plug-in hybrid registrations to over 1.7 million, led by…
Lockheed Martin Corp. announced two contract modifications from the U.S. Department of War totaling $91,867,982. One award expands an existing geosynchronous infrared program contract and obligates fiscal 2026 RDT&E funds; the other finances sustainment and maintenance of reprogramming and partner support facilities related to the F-35 program.
General Dynamics Corporation (NYSE:GD) received three U.S. Navy contract awards totaling approximately $273.45 million, including a $183.23 million firm-fixed-price award for maintenance of USS Truxtun (DDG 103) and two cost-plus-fixed-fee modifications for Electric Boat to support submarine maintenance at Naval Submarine Support Facility New Londo…
Spyre Therapeutics disclosed an underwritten public offering of $300 million in common stock, with underwriters able to buy an additional $45 million of shares within 30 days. The company sold all offering shares and named Jefferies, Goldman Sachs, Evercore ISI and Guggenheim as joint book-runners, with LifeSci Capital as passive bookrunner. The an…
Mexico's benchmark equity gauge closed lower Monday, dragged down by losses in industrials, consumer goods and consumer staples sectors. The S&P/BMV IPC ended the session down 0.61%, with a modest majority of stocks advancing versus decliners. Commodity and currency markets showed mixed moves, with crude oil rising and gold futures slipping.
Colombian equities finished higher after the close on Monday, with the COLCAP benchmark rising 1.98% to reach a one-month high. Gains were broad-based, driven by Industrials, Services and Agriculture names, while several large-cap issues declined. Commodity contracts and FX pairs showed little change overall.
President Donald Trump has put forward former California congresswoman Michelle Steel as his choice for U.S. ambassador to South Korea. The post has been vacant for the duration of his second term, with a senior State Department official serving as acting ambassador since last October. The nomination must be confirmed by Congress.
The MOEX Russia Index closed down 0.16%, marking a one-month low as losses in Mining, Power and Manufacturing sectors pressured the market. Winners included Moskovskiy Kreditnyi Bank, OK Rusal and Rosneft, while AK ALROSA, VK Company and OZON led declines. Market breadth favored decliners and the Russian Volatility Index jumped, while commodities a…
Bloom Energy shares rose more than 6% in after-hours trading on Monday, extending a near 6% daytime advance, following an announcement that Oracle has expanded a partnership to deploy Bloom’s fuel cell systems for AI and cloud infrastructure. Oracle contracted 1.2 gigawatts of capacity under a master services agreement, with deployments already und…
Future Money Acquisition Corporation completed its initial public offering at $10 per unit, generating $112 million in gross proceeds. The special purpose acquisition company sold 11.2 million units, including a partial exercise of the underwriters' over-allotment option, and began trading on the Nasdaq Global Market under the symbol FMACU prior to…
FedEx said its Chief Financial Officer John Dietrich will step down effective June 1, coinciding with the planned spinoff of FedEx Freight into a publicly traded company. Claude Russ will act as interim CFO while the board conducts a search for Dietrich's successor. The company reiterated its adjusted profit guidance for the fiscal year ending May …
Credo Technology Group Holding said it has signed a definitive agreement to acquire Silicon Photonics specialist DustPhotonics. The deal, announced Monday, sent Credo shares up about 10% in after-hours trading as the company outlined plans to integrate DustPhotonics’ photonic integrated circuit (PIC) technology into its optical interconnect roadmap…
Thoma Bravo has agreed to merge HCSS, a heavy civil construction software provider, into Nemetschek Group’s Build & Construct segment. Under the planned structure, Nemetschek SE will hold about 72% of the combined segment shares while Thoma Bravo-managed funds will retain roughly 28% as a minority stake. The transaction is expected to close in the …
U.S. stock indices finished higher on Monday, driven by strength in Technology, Financials and Industrials. The Dow Jones Industrial Average rose 0.63% to reach a new one-month high, while the S&P 500 climbed 1.02% and the NASDAQ Composite gained 1.23%. Broad market breadth favored advancing issues on both exchanges.
Canada's S&P/TSX Composite finished higher, rising 0.54% to reach a new one-month peak, with IT, Financials and Telecoms among the leading sectors. Several individual names recorded notable moves in both directions, while the S&P/TSX 60 VIX climbed and commodity prices showed divergent performance in gold and oil.
Brazil's main equity gauge closed higher on Monday, with the Bovespa rising 0.34% to reach a new five-year high. Strength in Real Estate, Basic Materials and Consumer sectors underpinned the session, while individual stocks showed wide dispersion. Option-implied volatility ticked higher and key commodities and currency pairs exhibited mixed moves.
Sana Biotechnology's stock climbed about 13% in after-hours trading on Monday after the company announced a strategic collaboration with the Mayo Clinic to advance SC451, an investigational pancreatic islet cell therapy designed to provide durable glucose control without ongoing insulin or immunosuppression. The agreement includes Mayo Clinic equit…
Greenlight Capital disclosed new positions in Versant Media (VSNT), Crocs Inc. (CROX) and SLM Corp. (SLM) during the first quarter through its quarterly letter, while closing positions in several other names. The hedge fund reported a 6.5% return for the quarter, net of fees and expenses, outpacing the S&P 500, which fell 4.4% over the same period.
A Bank of America survey of 30 global fund managers overseeing $341 billion indicates that recent US dollar strength is widely viewed as a short-lived response to geopolitical events rather than a durable trend. While many managers covered short positions on the dollar after the outbreak of the Iran conflict, few moved to a fully bullish stance. Re…
