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.
18,418 total articles
Raymond James' recent channel checks with private retailers and industry participants across the U.S. indicate mattress and furniture sales rose an estimated 1% to 2% over the Memorial Day weekend. Bedding outpaced the broader furniture category, promotional activity varied by brand and retailer, and commodity-related input cost inflation is expect…
Synopsys has reached a settlement with activist investor Elliott Investment Management that will add Elliott managing partner Jesse Cohn to the semiconductor software maker's board. The deal follows roughly two months of discussions and comes after Elliott pushed Synopsys to focus on margin improvement; the company's shares have risen about 20% sin…
Snowflake raised its fiscal 2027 product revenue forecast, citing growing enterprise adoption of its data warehousing services and accelerating use of AI-focused offerings. The company raised its product revenue outlook to $5.84 billion and reported first-quarter total revenue above analysts' expectations, underpinned by customer migrations from le…
Carlyle Group's CEO Harvey Schwartz told investors a newly created platform to target defense-related investments has an effectively unlimited market, citing broad-based increases in government military budgets. The unit will pursue opportunities across defense, aerospace and industrials and could enable Carlyle to pursue mid-sized transactions it …
Moody's Ratings raised Wolverine World Wide's corporate family rating to B1 from B2 and upgraded several debt and liquidity scores, attributing the changes to improved operating performance, reduced leverage and healthier liquidity that are linked to a turnaround at Merrell and Saucony. The outlook was left stable.
Fitch Ratings downgraded Whirlpool Corporation's long-term issuer default rating to 'BB-' from 'BB' and set a Negative outlook, citing weaker consumer demand, compressed margins and heightened leverage. The agency also cut unsecured debt ratings to 'BB-' while affirming short-term ratings at 'B'. Fitch attributes the deterioration to sluggish housi…
S&P Global Ratings raised Snap Inc.'s issuer credit rating to BB- from B+, citing stronger operating metrics and reduced financial leverage. The agency also upgraded the company's unsecured note ratings to BB- and left the recovery rating unchanged at 3. S&P highlighted a drop in adjusted gross leverage, an increase in free operating cash flow to d…
Robinhood Markets shares climbed after the company introduced two AI-driven offerings that allow autonomous agents to trade and make purchases on behalf of users. The product announcements, a Goldman Sachs Buy reiteration with a $94 price target, and a same-day CFO appearance at a major investor conference combined to boost investor interest despit…
Adyen N.V. said Chief Financial Officer Ethan Tandowsky will resign effective Aug. 31, 2026, to pursue an opportunity outside fintech. Tandowsky, who joined the company in 2016 and became CFO in 2023, has overseen global finance through notable growth. The Supervisory Board will launch a search for his replacement. Adyen's stock fell 3% in OTC trad…
Federal Aviation Administration leadership expects the Boeing 737 MAX 7 to clear certification this summer and the larger MAX 10 before year-end, and supports continued increases in MAX production rates after a recent raise from 42 to 47 planes per month. The FAA highlighted closer collaboration with Boeing on quality and transparency amid ongoing …
IPG Photonics Corporation (NASDAQ: IPGP) saw its shares decline 3.3% on Wednesday following disclosure that Senior Vice President and Chief Financial Officer Timothy PV Mammen sold 9,975 shares in two transactions. The sales, reported on a Form 4 filing with the Securities and Exchange Commission, were executed at weighted average prices of $119.60…
Shares of Pinterest and Snap climbed Wednesday after reports that Meta Platforms is launching paid consumer subscriptions for Instagram, Facebook and WhatsApp. Instagram Plus and Facebook Plus are reported to cost $3.99 per month, WhatsApp Plus $2.99, and subscribers would receive enhanced profile customization, super reactions and story insights. …
Shares of several cybersecurity firms fell sharply after Alphabet's cloud unit introduced Google AI Threat Defense, an integrated AI-driven platform for automated threat detection and remediation. The downturn intensified when Zscaler reported after-hours results, trimming its free cash flow outlook and issuing a softer-than-expected revenue guide …
Meta Platforms rallied 3.6% in afternoon trading after unveiling global paid subscription tiers for Instagram, Facebook, and WhatsApp and signaling future AI-related subscription offerings. The market also digested an AI-driven workforce restructuring proposal from the company’s CTO as a potential structural cost-efficiency measure, anchored by rob…
United Airlines Chief Executive Scott Kirby told investors he does not foresee the carrier pursuing consolidation in the foreseeable future after American Airlines declined to engage on a potential merger. Kirby said a large-scale transaction made sense economically only with a willing partner, which he does not have. He also dismissed the idea of …
CBS News did not renew the contract of Sharyn Alfonsi, a correspondent for 60 Minutes who publicly clashed with Editor-in-Chief Bari Weiss over the decision to withhold a December segment on a Salvadoran mega-prison. Alfonsi says she remains employed at CBS but does not expect to return to 60 Minutes. The episode has prompted internal criticism and…
Meta Platforms shares rose over 1.1% after reports the company is launching paid subscription tiers for Instagram, Facebook and WhatsApp and beginning trials of professional and AI-focused plans. Monthly prices for Instagram Plus and Facebook Plus are set at $3.99, and WhatsApp Plus at $2.99; subscribers will gain access to enhanced customization, …
Markets displayed pronounced cross-cap volatility on Wednesday, with large technology and financial names among the heaviest decliners while selected mid- and small-cap companies registered double-digit gains. Semiconductor and mega-cap technology stocks such as Qualcomm and Arm were notably weaker, even as companies like Dycom Industries and Manda…
United Airlines CEO Scott Kirby told investors he is increasingly confident the carrier can achieve double-digit pretax margins next year, citing lower oil prices, resilient demand and the planned installation of Starlink across the fleet as factors supporting the recovery from higher fuel costs driven by the Iran war.
Traders face a heavy slate of economic reports on Thursday, May 28, 2026, including Gross Domestic Product, the Federal Reserve’s preferred inflation gauge - the Core Personal Consumption Expenditure Price Index - and Initial Jobless Claims. Housing data, durable goods orders and multiple Energy Information Administration oil inventory updates roun…
Peter Diamandis, an early investor in SpaceX, told Bloomberg Television that a merger between SpaceX and Tesla is unavoidable and hinges only on timing. He argued the move would provide Elon Musk with the concentrated voting power he holds at SpaceX but lacks at public Tesla, and would enable integrated operations across terrestrial and space-based…
Funding Circle's chief executive said institutional investors continue to buy small business loans even as credit markets fluctuate, while the firm shifts its product mix away from pure term lending and leans into a technology-led productivity push. The company entered 2026 with in excess of a32 billion in future funding commitments after signing f…
A ceasefire in the months-long proxy battle with founder Chip Wilson removes a major overhang for Lululemon and allows incoming CEO Heidi O’Neill to concentrate on restoring the brand. The company’s roughly $1.8 billion net cash position gives Lululemon flexibility to invest in product refreshes, retail updates and international expansion, even as …
A federal judge in Newark has ruled that Jazwares, the maker of Squishmallows and a Berkshire Hathaway-owned company, must defend itself against a trademark infringement lawsuit brought by Kidrobot. The judge found the case contains numerous disputed facts and rejected Jazwares' argument that Kidrobot's HUGME mark is generic.
Wells Fargo upgraded MSCI to Overweight from Equal Weight and increased its price target to $700 from $650. The bank highlighted accelerating demand for data-driven strategies and expanding opportunities tied to artificial intelligence, citing strong Index business sales, deep embedding of MSCI datasets in quant workflows, and potential cost saving…
