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.
30,044 total articles
A large explosion at Valero Energy's Port Arthur refinery triggered a substantial fire and visible smoke plume, prompting local shelter-in-place orders. The refinery, one of the largest in the U.S. with roughly 380,000 barrels-per-day capacity, has not confirmed whether operations were affected and Valero did not immediately respond to a request fo…
U.S. equity futures eased on Monday night after Iran publicly denied holding talks with Washington about de-escalating the conflict that has now entered its fourth week. The pullback followed an earlier rally prompted by President Donald Trump delaying a threatened strike on Iran's electricity grid and describing U.S.-Iran discussions as "productiv…
In a document provided to investors ahead of a potential public offering, OpenAI identified its close commercial and financial reliance on Microsoft as a material risk to its business. The filing also cited Taiwan Semiconductor Manufacturing Co. (TSMC) as a supply-side vulnerability should regional disruptions occur. The company has secured a major…
Federal investigators are expanding their inquiry into the late-night collision at New York’s LaGuardia Airport, saying they will interview an air traffic controller who had been managing a separate emergency at the time. The crash involved an Air Canada Express CRJ-900 and a fire truck, resulted in the deaths of both pilots and left nine people se…
Gilead Sciences has struck a definitive agreement to buy Ouro Medicines for $1.675 billion in upfront cash plus up to $500 million in contingent milestone payments. The acquisition brings OM336, a clinical-stage BCMAxCD3 T cell engager with Fast Track and Orphan Drug Designation, into Gilead's inflammation portfolio. A parallel strategic collaborat…
Apollo Global Management's BDC, Apollo Debt Solutions, is restricting redemptions after investors submitted requests to withdraw about 11.2% of shares outstanding. The manager will honor requests equal to 5% of shares outstanding, representing approximately $730 million of outflows, and expects to return roughly 45% of requested capital to each inv…
Mexico's benchmark S&P/BMV IPC closed higher on Monday, buoyed by gains in Industrials, Consumer Goods & Services and Consumer Staples sectors. Cement maker Cemex led advanceers, while several consumer and mining-related names weighed on the downside. Commodity prices and currency pairs moved notably during the session.
Russian equities ended lower on Monday with the MOEX Russia Index down 1.29%, driven by losses in Mining, Power and Oil & Gas names. Laggards included Magnitogorskiy Metallurgicheskiy Kombinat, Surgutneftegas preference shares and OZON, while PIK SHb and Aeroflot were among the few gainers. Volatility measures ticked higher and key commodity contra…
Applied Optoelectronics saw its shares climb in after-hours trading following disclosure of a volume order worth more than $53 million from a major hyperscale customer for 800G single-mode data center transceivers. The company says shipments will begin in the second quarter and finish by mid-third quarter of 2026 after product qualifications. Manag…
South Korea's transport ministry ordered a recall of 58,000 Hyundai Palisade hybrid SUVs nationwide, citing inadequate software design in seat controllers that can prevent detection of occupants or objects. The action follows a fatal U.S. crash earlier this month and prior reports of injuries in both South Korea and the United States. Hyundai has b…
Spotify Technology SA cut 15 positions in its podcast division, representing roughly 3% of that team, and will cancel the Ringer sports program New York, New York with John Jastremski, sources say. The moves are part of a broader reorganization intended to reduce management layers and speed decision-making as the company continues to refine its app…
On March 23, OpenAI Chief Executive Sam Altman announced he has resigned from the board of Helion Energy, the fusion startup he has supported since 2015, as the two companies begin discussions about a potential large-scale commercial relationship. Altman said he will retain a financial interest in Helion but will recuse himself from any negotiating…
Blue Water Acquisition Corp. IV completed a $130 million initial public offering on the New York Stock Exchange, selling 13 million units at $10 each. The Cayman Islands-formed special purpose acquisition company will trade as separate Class A shares and warrants once split, and said it will prioritize targets developing AI-driven technologies whil…
U.S. stock benchmarks finished higher on Monday, driven by strength in the Consumer Goods, Industrials and Consumer Services sectors. The Dow Jones Industrial Average rose 1.38%, the S&P 500 gained 1.15% and the NASDAQ Composite climbed 1.38%. The session featured outsized moves among individual names on both major exchanges and sharp moves in comm…
Canada's equity benchmark, the S&P/TSX Composite, closed higher by 1.81% as strength in IT, Materials and Clean Technology sectors pushed the market up. Transcontinental Inc (TSX:TCLa) was the session's biggest mover, rising 43.88% to 4.82, while several energy and industrial names posted notable declines. Broader market breadth favored advancers, …
Brazil's main equity index rose sharply at Monday's close, with the Bovespa up 3.24% as stocks in Real Estate, Consumption and Industrials outperformed. Market breadth favored advancers, while volatility measures and several commodities registered significant moves alongside currency gains for the Brazilian real.
Janus Living, Inc. completed its initial public offering, selling 48.3 million shares of Class A-1 common stock at $20 per share and fully satisfying the underwriters' option to sell an additional 6.3 million shares. The shares began trading on the New York Stock Exchange on March 20, 2026 under the ticker JAN. After underwriting discounts and esti…
Boralex Inc is assessing strategic alternatives, including a possible transaction to take the company private. The Montreal-based renewable energy producer is working with Canadian banks to review incoming proposals, with the board at an early stage and able to choose to remain a public company. Shares rallied on the report after recent weakness in…
Kalshi announced new technology-driven restrictions that will prevent political candidates and individuals involved in college and professional sports - including athletes, team personnel and referees - from trading on markets tied to their own activities. The move comes as the company faces criticism from Democrats and calls for tighter oversight,…
HMH Holding Inc. has launched an initial public offering for 10,520,000 shares of its Class A common stock with an expected price range of $19.00 to $22.00 per share. The offering includes a 30-day option for underwriters to buy up to an additional 1,578,000 shares. The company has applied to list on the Nasdaq Global Select Market under the symbol…
JPMorgan Chase has hired Brian Henderson from Bank of America to lead its North America business services investment banking group, part of a wider recruitment push of senior bankers from competitors as transaction volumes recover. Henderson, with more than 20 years of experience in sectors such as waste and environmental services and equipment ren…
Freeport-McMoRan's chief executive said the company expects structural demand for copper to hold up despite market volatility tied to the Iran conflict. Speaking at a Houston energy conference, the CEO highlighted growing demand from electrification and the technology sector, noted recent price weakness, and outlined the company's push for greater …
Estee Lauder Co. saw its shares slide over 4% on Monday afternoon after a Financial Times report indicated the cosmetics group is close to a deal to merge with Spain's Puig. The proposed combination would create an entity valued at more than $40 billion and would bring together several well-known beauty and fashion brands. Puig has confirmed discus…
USA Rare Earth said Monday it has entered a non-exclusive sales and distribution agreement with Arnold Magnetic Technologies, a Compass Diversified subsidiary, a deal that prompted a rise in both companies' share prices. Under the terms, each firm will market the other's magnet products and feedstock while retaining responsibility for the quality a…
Shares of Fair Isaac Corporation fell more than 5% after news that Republican Senator Josh Hawley is launching an investigation into the company’s pricing for mortgage-related credit scores. Hawley sent letters to FICO and the Federal Trade Commission, arguing that recent price increases for credit scores are placing added strain on prospective hom…
