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.
29,438 total articles
Guggenheim Securities has designated Celldex Therapeutics as its leading biotechnology selection, highlighting the commercial promise of the company’s lead candidate, barzolvolimab, in the chronic urticaria market. Analysts kept a Buy rating and a $100 price target while pointing to approaching Phase III topline readouts and additional clinical upd…
Short seller Gotham City Research alleges Sumitomo Pharmaceutical misstated parts of its fiscal 2025 accounts by up to 165 billion yen, highlighting conflicting disclosures about a dividend from its Swiss subsidiary and claiming receivables were manipulated to boost profits. The report coincided with a 3.5%-4% drop in Sumitomo Pharma and Sumitomo C…
SK Hynix and representatives from one of its South Korean unions met for a fifth session of negotiations at the chipmaker’s Cheongju manufacturing complex to discuss a lucrative bonus scheme tied to annual operating profit. The company has proposed paying a large portion of bonuses in stock with restricted sale periods and introducing adjustments i…
Japan Airlines shares fell after the carrier reported a 72% year-on-year decline in operating profit for the April–June 2026 quarter, with results coming ¥12.0 billion under its guidance. Rising operating expenses, driven by elevated jet fuel prices linked to heightened Middle East geopolitical tensions, squeezed margins even as international passe…
Vast, a Chinese artificial intelligence company focused on text- and image-driven 3D model generation, is weighing an initial public offering in Hong Kong. The company is reported to be working with global and domestic banks on a potential share sale, though discussions are ongoing and no final decision has been reached. Vast counts major technolog…
An AI-driven stock selection engine closed out outsized July gains by selling Lincoln National and International Seaways, then redeployed proceeds into HP Inc. and Lockheed Martin. The moves capture realized gains—33.2% and 28.7% respectively—while the model adds new high-conviction names that combine valuation, momentum, and structural demand. The…
U.S. stock index futures inched higher Monday evening as President Donald Trump maintained that talks with Iran were ongoing despite denials from Tehran. The move followed a positive cash session driven partly by a sharp fall in oil prices and rebounds in technology and AI shares. Attention now shifts to a heavy calendar of second-quarter earnings,…
BOA Acquisition Corp. II completed the pricing of its public offering of 12,500,000 units at $10.00 each, raising $125 million. The units are slated to begin trading on the Nasdaq Global Market on August 4, 2026 under the ticker THEOU, with the offering expected to close on August 5, 2026, subject to customary closing conditions. The firm plans to …
SoftBank Group is due to report Q1 FY2027 results on Aug 6, 2026, with a consensus EPS of ¥24.62 on ¥1.96 trillion of revenue. The headline numbers set a low bar, but the company’s reliance on volatile investment gains, recent ARM royalty warnings, and a persistent pattern of post-beat share declines mean the market reaction will depend as much on …
Qantas Airways has agreed to sell its 33.32% holding in Jetstar Japan through a share buyback valued at 8.2 billion yen ($52 million). The Development Bank of Japan will join as a shareholder, while Japan Airlines and Tokyo Century Corporation remain investors. Qantas says the move will let it direct capital back to its core Australian domestic and…
South Korea's headline consumer price index rose 2.8% year-on-year in July, a three-month low and below market expectations of 3.0%. Core CPI, which strips out food and energy, accelerated to 2.6% year-on-year, the largest increase since December 2023. Policymakers warn that elevated commodity prices and solid domestic growth pose upside risks to i…
Bitcoin is trading at $63,518, marginally below the weekly pivot of $63,617, while technicals across daily, weekly and monthly charts all register Strong Sell. A high-confidence Three Outside Down candlestick on the daily chart and additional bearish weekly patterns join momentum indicators that favor lower prices. Short-term oscillators show some …
CXMT Corp (ChangXin Memory Technologies) completed a landmark initial public offering that surged 466% on its first trading day, raising $8.6 billion and briefly becoming China’s most valuable listed company in a single session. The debut knocked global memory incumbents lower, highlighted capacity expansion plans that could double wafer output, an…
Australian Vanadium Limited has entered a non-binding memorandum of understanding with Alcoa of Australia Limited to carry out a scoping-level study evaluating the installation of vanadium flow battery energy storage systems at Alcoa's alumina refinery sites and associated landholdings in Western Australia. The study will consider systems sized bet…
Londian Wason New Energy Tech plans a U.S. initial public offering targeting a valuation of as much as $1.7 billion and is proposing to sell roughly 3.6 million American Depositary Shares for up to $78.6 million. The listing, cleared by Beijing in December, will be a gauge of investor interest in Chinese companies listing in New York amid heightene…
Grab raised its full-year revenue target for 2026 and launched a $750 million share buyback program after reporting second-quarter revenue that topped estimates. The company pointed to promotional tactics, a budget ride tier and expanded services - including grocery delivery and financial products - as drivers of demand amid higher fuel costs follo…
Eli Lilly has established an expanded access program to provide a restricted number of patients with early access to retatrutide, an investigational triple-agonist obesity therapy, prior to U.S. FDA approval. The program is intended for adults who meet defined medical criteria and cannot join clinical trials; Lilly is actively reviewing requests as…
A subset of Aston Martin creditors has issued a formal warning to the automaker's board, saying they may pursue legal action after learning that part of a recently arranged debt package hinges on selling a majority stake in certain branding and naming rights to Authentic Brands. The dispute centers on undisclosed deal terms tied to a £550 million f…
TikTok has agreed to confidential settlements in three lawsuits brought by adolescents who alleged that social media platforms were designed to be addictive and harmed their mental health, plaintiffs' counsel said. The cases were selected as bellwethers from thousands consolidated before a Los Angeles Superior Court judge. Claims against other majo…
Onsemi projected third-quarter revenue above analyst estimates, citing accelerating demand for power management chips in AI data centers. The company reported Q2 results in line with expectations, posted an adjusted EPS beat, and reiterated strategic moves including a $7 billion all-stock deal for Synaptics and asset sales under its 'Fab Right' pro…
Ichor Holdings reported Q2 2026 adjusted EPS of $0.34 on revenue of $294.8 million, beating analyst expectations, but shares dropped 12.9% in after-hours trading as investors reacted to negative operating cash flow, an at-the-market equity raise, and guidance that left valuation questions unresolved.
Snap delivered second-quarter revenue above analyst expectations, driven by elevated ad spending tied to the FIFA World Cup and increased activity from major advertisers in North America. The company highlighted gains from direct-response advertising and the rollout of AI-driven ad tools, while reporting uneven daily active user trends across regio…
SuKarne, Mexico’s largest exporter of meat, is reportedly exploring a potential sale that could value the company at more than $2 billion. The company has engaged Rabobank and BBVA to advise on the process, sources familiar with the matter said, while cautioning that a sale is not assured. SuKarne emphasized it regularly evaluates alternatives to b…
Mexico's benchmark S&P/BMV IPC closed lower, dragged by losses in the Industrials, Consumer Goods & Services and Consumer Staples sectors. The index finished down 0.36% as a handful of stocks outperformed while others fell. Energy and FX markets showed notable moves, with U.S. crude tumbling and the dollar index edging higher.
Custom Truck One Source rallied in after-hours trading after reporting Q2 2026 adjusted EPS of $0.05 and record revenue of $563.4 million, both outperforming analyst expectations, and raising full-year 2026 revenue guidance to $2.1 billion. The results reversed a first-quarter loss and led investors to reprice the stock higher.
