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.
18,398 total articles
Amazon announced that Dr. Roy Schoenberg, a co-founder of telehealth provider Amwell, will assume leadership of its healthcare business on July 1. Neil Lindsay, who has led the unit since November 2021, will give up the role and depart the company before the end of the year after a 16-year tenure at Amazon. The company said Schoenberg has also step…
Venezuela’s interim administration has named U.S. advisory firm Centerview Partners to direct its sovereign debt strategy and lead creditor negotiations. The hire, described by multiple insiders as lacking a formal competitive process, has prompted scrutiny about fairness and the involvement of an investor with U.S. government ties. Centerview’s te…
International Business Machines Corp. received a $46,240,505 modification from the U.S. Department of War to continue providing advisory and assistance support aimed at resource allocation and Civil Engineering programs for the Air Force. The change increases the cumulative face value of contract FA7014-24-F-0210 and obligates fiscal 2026 funds at …
Amentum Technology Inc. received a $50.2 million contract modification from the U.S. Department of War to extend base operations support at Naval Submarine Base Kings Bay and nearby areas. The award represents Option Period Five of the original contract awarded in 2020 and raises the contract's cumulative face value to $303.5 million. Execution of …
On May 27 in Washington, the Pentagon announced a five-year, $9.69 billion contract to consolidate Microsoft and other enterprise software licenses across the military services, the intelligence community, and the U.S. Coast Guard into a single purchasing vehicle. The Core Enterprise Technology Agreement is designed to reduce duplicative spending b…
The U.S. Department of War has awarded Boeing Co. (NYSE:BA) an $854,672,911 contract modification to produce and deliver four P-8A Lot 13 aircraft to Foreign Military Sale customers. The modification includes both production and non-recurring engineering elements aimed at addressing diminishing manufacturing sources and material shortages, along wi…
Mexico's main stock index ended the trading session higher on Wednesday, with the S&P/BMV IPC up 1.19% as advances in Industrials, Consumer Goods & Services and Consumer Staples pushed the market upward. Airline and mining-related names were among the top performers, while a handful of financial and infrastructure-linked stocks lagged. Commodity ma…
Dell Technologies said its federal unit won a single-award, firm-fixed-price blanket purchase agreement worth $9.7 billion to handle Microsoft software licensing, cloud subscriptions and Software Assurance for the U.S. military. The deal, awarded under the Department of War Enterprise Software Initiative, covers both classified and unclassified env…
Colombian equities ended the session lower, with the COLCAP benchmark falling 1.51% at the close. Losses were concentrated in the Financials, Investment and Public Services sectors even as several large-cap names posted gains. Commodities and currency moves accompanied the market drop, while market breadth was reported unusually as 0 to 0.
Greenwave Technology Solutions Inc. (NASDAQ: GWAV) saw its shares decline in after-hours trading following disclosure that Nasdaq's Listing Qualifications Department issued a second delinquency notice tied to overdue financial filings. The company has until June 22 to submit a compliance plan and may receive an extension to regain compliance if Nas…
Jazz Pharmaceuticals shares ticked up in after-hours trading after the New England Journal of Medicine published expanded Phase 3 data from the HERIZON-GEA-01 study. The trial found zanidatamab-containing regimens significantly improved progression-free survival compared with trastuzumab plus chemotherapy, and one zanidatamab combination produced a…
The Federal Aviation Administration expects certification of Boeing's 737 MAX 7 this summer and the larger MAX 10 by the end of the year, according to FAA Administrator Bryan Bedford. The agency has approved a near-term production increase from 42 to 47 aircraft per month and expects further rate rises in the months ahead. Boeing aims to reach a ra…
The MOEX Russia Index closed higher Wednesday, rising 0.40% as advances in Mining, Oil & Gas and Manufacturing supported the market. Top performers included VK Company Ltd, United Company Rusal and AFK Sistema, while ROSSETI and other names weighed on the session and pushed some stocks to multi-year lows. Volatility eased and several commodity …
Morningstar projects Goodman Group's assets under management will roughly double within the next ten years, driven by growth in a development pipeline concentrated on data centers. The research firm expects the pipeline to expand to A$18 billion by 2027 from A$13 billion in 2025, and endorses Goodman Group's strategy of prioritizing large, higher-v…
Testing confirmed chemical contamination reached the Columbia River after a storage tank at a Nippon Dynawave Packaging plant in Washington imploded and ruptured, authorities said. The incident killed at least two people and left nine others unrecovered. Recovery efforts began under conditions officials described as extremely hazardous, and water m…
Carriage Services Inc. said it has acquired substantially all assets of McCammon Ammons Click Funeral Home in Maryville, Tennessee, marking the company's first move into the Greater Knoxville market. The acquisition, whose terms were not disclosed, was followed by a roughly 3% gain in Carriage Services stock in after-hours trading. Company executiv…
NeoVolta Inc. said it plans an underwritten public offering of common stock or pre-funded warrants, and granted underwriters a 30-day option to purchase up to 15% additional securities. The announcement coincided with an approximately 7% decline in the company's shares in after-hours trading. The offering is subject to market conditions, and Lake S…
Amazon said Dr. Roy Schoenberg, a co-founder of telehealth firm American Well Corp., will become head of its healthcare business on July 1. Schoenberg recently stepped down as executive chairman of Amwell after serving as co-CEO through 2024 and currently leads elder care startup Aileen.ai. Neil Lindsay, who has run the unit since November 2021, wi…
Ford Motor Co. shares climbed sharply, reaching an intraday 52-week high and their strongest levels in nearly three years, after the company unveiled Ford Energy and an associated supply agreement with EDF Power Solutions North America. Backed by an approximate $2 billion investment, the new unit will repurpose electric-vehicle batteries into stati…
BBB Foods Inc. (NYSE:TBBB) saw its shares fall 3.2% in after-hours trading following the company’s announcement of an underwritten public offering totaling 13,304,174 Class A common shares, including shares issued by the company and shares sold by existing holders. The deal includes a 30-day option for underwriters to buy additional shares, and the…
Verra Mobility disclosed that Avis Budget Group terminated its tolling services agreement, a shift that analysts say will eliminate roughly 13% to 14% of the company’s annual revenue and put substantial pressure on near-term profitability. Brokerages have responded with downgrades and large reductions to price targets and earnings expectations, whi…
At a closed investor day in New York, America Movil presented multi-year guidance that projects steady service revenue and EBITDA growth from 2026 through 2028 while maintaining capital expenditures at about $7 billion per year. The company said most of its costly 5G radio frequency purchases are behind it, enabling a stable investment profile and …
Target Hospitality Corp. (NASDAQ: TH) saw its shares drop following the announcement that two entities controlled by TDR Capital are selling 7,000,000 common shares through an underwritten secondary offering. The company will not be issuing new shares and will not receive any proceeds from the transaction. Underwriters have a 30-day option to buy u…
Perella Weinberg Partners is planning a reduction of almost 10% of its approximately 700-person workforce, a move that includes about a dozen partners and targets weaker industry sub-sectors, according to reporting that cited a person familiar with the matter. The firm confirmed the cuts and said they are separate from its artificial intelligence w…
On May 27, Synopsys raised its fiscal 2026 revenue and adjusted profit guidance, citing continued strong demand for its chip design software from companies building AI chips and related infrastructure. The company also provided third-quarter revenue guidance in line with analyst expectations and reported second-quarter revenue ahead of estimates.
