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.
29,907 total articles
Applied Digital Corporation (NASDAQ: APLD) said Tuesday that a subsidiary will seek to privately place $2.15 billion of senior secured notes due 2031 with qualified institutional buyers. The announcement coincided with a 6.6% decline in the company's stock. Proceeds are earmarked to fund construction of 200 megawatts of critical IT load at the Pola…
NRG Energy Inc. shares fell sharply after affiliates of LS Power priced a 14.3 million-share underwritten secondary offering at $164.00 per share. The sale will generate about $2.35 billion in gross proceeds for the selling stockholders; NRG will not receive proceeds. Concurrently, NRG has agreed to buy back $300 million of its common stock at the …
Finnish shares closed sharply lower on Tuesday, with the benchmark OMX Helsinki 25 falling 2.85% as losses in Industrials, Utilities and Financials weighed on the market. Most component stocks ended the session down, led by steep declines in selected industrial names. Commodity and currency moves accompanied the equity weakness.
Swedish equities finished lower on Tuesday, with the OMX Stockholm 30 shedding 2.70% at the close. Losses in Basic Materials, Industrials and Financials led the decline. A small number of constituents posted gains while the majority retreated. Oil and Brent futures rose sharply, gold futures dropped, and both EUR/SEK and USD/SEK strengthened agains…
Swedish equities closed lower on Tuesday, with the OMX Stockholm 30 falling 2.70% as losses in Basic Materials, Industrials and Financials pressured the market. A broad majority of stocks fell, while oil futures rallied and gold futures declined. Currency moves included gains for both the euro and the US dollar versus the Swedish krona.
Canada’s main equity gauge fell sharply on Tuesday as investors reassessed the market after a recent peak, with renewed concerns about a widening conflict in Iran and threats to oil flows through the Strait of Hormuz driving a spike in energy prices and rattling sentiment. U.S. indexes also dropped, while oil surged and gold pared earlier gains as …
Vale Base Metals, a unit of Vale SA (NYSE:VALE), is accelerating preparation of its nickel-and-copper operations for a potential initial public offering by midyear, moving up from a 2027 target. CEO Shaun Usmar said the division is reducing costs, cutting capital intensity and bringing projects forward faster than anticipated, while noting the ulti…
Amid an escalation in hostilities involving the U.S., Israel and Iran, global investors moved significant sums into money market funds and other short-duration instruments. Data showed strong inflows into U.S. and global money market vehicles, modest interest in bond funds and natural-resources equities, and notable outflows from U.S.-focused equit…
Mobix Labs (NASDAQ:MOBX) saw its stock surge after the company disclosed a production purchase order to supply high-reliability filtering components for the U.S. Navy's Tomahawk cruise missile program. The award reflects increased procurement tied to ongoing missile production and boosts near-term demand for the company's parts. Mobix Labs, already…
CoStar Group shares rose 3% on Tuesday after a Form 4 filing disclosed that CEO Andrew Florance bought $2.48 million of company stock. The filing shows the purchase of 55,720 shares at $44.52 apiece, bringing Florance's total holdings to 1,586,866 shares. The trade arrives as the shares have fallen 33% year-to-date amid concerns about AI-driven dis…
Poland's benchmark WIG30 closed sharply lower, falling 4.35% to a fresh one-month low as losses concentrated in Basic Materials, Oil & Gas and Energy weighed on the market. While a handful of names gained, including Jastrzebska Spotka Weglowa SA and X Trade Brokers Dom Maklerski SA, large declines from KGHM and other energy and utility firms domina…
Denmark's equity market closed lower Tuesday, with the OMX Copenhagen 20 falling 2.42% to a fresh three-year low. Losses concentrated in Chemicals, Oil & Gas and Financials pushed more stocks down than up, while commodity and currency moves featured notable intraday volatility. AP Moeller - Maersk shares finished higher, while Rockwool, Genmab and …
A global Wolters Kluwer Corporate Performance & ESG survey of 1,672 senior finance executives finds that chief financial officers are expanding beyond traditional finance duties to lead digital transformation, capital allocation and risk management. The report highlights AI as the dominant trend reshaping CFO expectations and decision-making, w…
Cigna announced that CEO David Cordani will retire and become executive chair on July 1, with longtime insider Brian Evanko, 49, succeeding him as chief executive. The move comes as Cigna transitions some customers to a new rebate-free business model that the company says will compress margins over the next two years. The change surprised at least …
Fitch Ratings downgraded Paramount Skydance and Paramount Global to non-investment-grade status and put the company on watch for possible additional downgrades following Paramount’s announced $110 billion acquisition of Warner Bros Discovery. Fitch flagged expectations of significantly higher leverage tied to the transaction and limited clarity on …
Morocco's equity market closed lower Tuesday, with the Moroccan All Shares index falling 5.63% to a new six-month low. Broad declines were driven by weakness in the Utilities, Banking and Mining sectors. Advancers were vastly outnumbered by decliners on the Casablanca exchange, while several benchmark commodity and currency indicators moved notably…
Analysts moved to lower uniQure N.V.'s ratings after the U.S. Food and Drug Administration indicated it would require a randomized, sham surgery-controlled Phase 3 trial for the company’s Huntington’s disease candidate, AMT-130. The FDA’s stance, communicated following a Type A meeting, reduces the likelihood of an accelerated approval pathway base…
NextEra Energy told investors in a presentation that it expects to develop between 15 and 30 gigawatts of new generation capacity dedicated to U.S. data centers over the next nine years. The company highlighted the increasing strain data centers place on the grid, saying access to power is a primary constraint on Big Tech's push to expand artificia…
DriveWealth has announced plans to integrate Kalshi’s regulated event contracts into its global Brokerage-as-a-Service platform, enabling partners to present markets tied to elections, economic releases, climate outcomes, weather and sports alongside traditional equities and ETFs. The company says technical and regulatory work is underway and that …
Norway's Oslo OBX index finished the trading day down 1.41% as declines in the Media, Transport and Diversified Financials sectors outnumbered gains. Aker BP, Var Energi and Hafnia posted the session's largest advances and reached 52-week highs, while Subsea 7, Norwegian Air Shuttle and Storebrand led declines. Oil prices climbed sharply and key cu…
Greek equities closed sharply lower on Tuesday, with the Athens General Composite sliding 5.75% to a fresh three-month trough. Losses were concentrated in Banking, Telecoms and Household sectors. Market breadth was heavily negative and key commodities and currencies moved notably during the session.
Two unmanned aerial vehicles struck the U.S. Embassy in Riyadh on Tuesday, striking the roof and perimeter of the chancery and causing a partial roof collapse, the State Department confirmed. The building remained smoke-contaminated after a second strike and staff were ordered to shelter in place. No injuries have been reported.
Shares of lithium producers slid after a sharp drop in the most-active lithium carbonate contract on the Guangzhou Futures Exchange and reports of softer sales from major electric vehicle manufacturers. Escalating tensions in the Middle East added to concerns about future demand, prompting broad weakness across U.S., Chilean and Canadian lithium st…
Bernstein has lowered its rating on Sabre Corporation to Market-Perform and set a $1.50 price target, citing longer-term distribution risks posed by artificial intelligence. The firm maintains an Outperform stance on Amadeus IT Group, arguing that core airline IT functions are more protected due to long contracts and slow migration cycles. Bernstei…
Select Medical Holdings said a consortium led by its Executive Chairman Robert A. Ortenzio, Senior Executive Vice President Martin F. Jackson and private equity firm Welsh, Carson, Anderson & Stowe has entered into a definitive agreement to acquire the company for $16.50 per share in cash, valuing the business at an enterprise value of $3.9 billion…
