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.
9,070 total articles
Broadcom has agreed to partner with Google to develop and supply future generations of custom artificial intelligence chips and other components for Google’s next-generation AI racks through 2031. In a related arrangement, Broadcom will provide Anthropic with access to roughly 3.5 gigawatts of AI computing capacity that will draw on Google’s AI pro…
OpenAI has formally requested that the attorneys general of California and Delaware consider investigating Elon Musk and his associates for what the company described as "improper and anti-competitive behavior." The appeal comes as a jury trial between the parties is set to begin this month, stemming from a 2024 lawsuit filed by Musk that accuses O…
Broadcom Inc. shares rose 2.6% in after-hours trading Monday after the company disclosed long-term agreements with Google to co-develop and supply custom Tensor Processing Units (TPUs) and to provide networking and other components for Google’s next-generation AI racks through up to 2031. The arrangement also includes a tri-party expansion with Ant…
Mexico's benchmark S&P/BMV IPC closed lower on Monday, shedding 1.03% as losses concentrated in Industrials, Consumer Goods & Services and Consumer Staples outweighed modest gains among several large-cap names. Decliners outnumbered advancers by a wide margin on the exchange as commodity and currency moves added to the market backdrop.
Colombia's benchmark index closed higher Monday, with the COLCAP up 0.86% to reach a new one-month high. Broad sector strength in Industrials, Services and Agriculture supported the advance even as select large-cap names in energy and financials weighed on the market. Commodity contracts and local FX rates showed limited movement overall.
Russian equities closed higher on Monday, with the MOEX Russia Index up 0.91% as gains in mining, oil and gas, and manufacturing names outpaced declines elsewhere. Market breadth favored advancers, the RVI volatility gauge jumped, and key commodities and FX rates showed mixed moves at the close in Moscow.
Schwab client trading behavior shifted in March after war began in Iran, with the Schwab Trading Activity Index (STAX) falling 2.23% from February's long-term high to 56.04. The decline represented the largest monthly pullback for STAX since May 2025, and clients increased allocations to exchange-traded funds while trimming single-stock risk as the…
Apogee Acquisition Corp has priced an initial public offering of 15 million units at $10 per unit, raising $150 million. The units - each made up of one Class A ordinary share, one redeemable warrant and one right to a fractional share upon a business combination - are slated to begin trading on NASDAQ under the ticker AACPU on April 7, 2026, with …
The Centers for Medicare & Medicaid Services finalized a 2.48% average payment increase to private insurers offering Medicare Advantage plans for 2027, a substantially larger rise than the 0.09% proposed in January. CMS said the change will deliver more than $13 billion in additional payments to Medicare Advantage plans in 2027. Shares of UnitedHea…
U.S. stock benchmarks closed higher on Monday, propelled by gains in the Consumer Services, Oil & Gas and Technology sectors. The Dow Jones Industrial Average rose 0.35%, the S&P 500 added 0.45% and the NASDAQ Composite increased 0.54%. A mix of strong performances among several blue chips and outsized moves in small-cap names punctuated th…
Canadian equities closed modestly higher on Monday, with the S&P/TSX Composite rising 0.22% in Toronto. Gains were concentrated in Consumer Discretionary, Industrials and Energy names. MDA Ltd., First Quantum Minerals and Avino Silver & Gold were among the session's top performers, while Stella-Jones, Transcontinental and First Majestic Silver weig…
Brazil's benchmark Bovespa closed marginally higher on Monday, supported by advances in the Financials, Electric Power and Real Estate sectors. The index rose 0.06% to reach a fresh one-month high as several individual stocks registered notable moves in both directions. Market breadth favored decliners, and measures of volatility and commodity pric…
Humana shares climbed sharply in after-hours trading Monday after the Centers for Medicare and Medicaid Services finalized a 2.48% rate increase for private insurers for 2027. The move propelled several large insurers and some hospital-focused names higher in extended trading, reflecting the direct link between Medicare Advantage payment rates and …
Owlet Inc. said co-founder Kurt Workman will return to the chief executive role immediately after Jonathan Harris resigned. The stock rose 8% in after-hours trading. The company reaffirmed its first quarter 2026 revenue guidance at the high end of the range, plans an early May report of Q1 results and underscored long-term strategic priorities whil…
Australia has stepped up enforcement of its December ban prohibiting under-16s from having social media accounts. The move follows global interest from multiple governments and recent U.S. courtroom findings against major tech firms. Early compliance data shows gaps, prompting investigations into major platforms and renewed pressure on industry to …
CBS will convert its 11:35 p.m. ET post-local-news time period into a time buy, selling the slot to Byron Allen after Stephen Colbert’s final episode on May 21. Under the agreement, Allen’s Comics Unleashed will air two consecutive 30-minute episodes beginning May 22, while his company will continue leasing the 12:37 a.m. hour for Funny You Should …
AppLovin shares jumped after Wells Fargo lifted its price objective and increased revenue forecasts, citing positive industry checks and improving advertiser sentiment. The analyst maintained an Overweight rating and now projects first-quarter revenue growth ahead of guidance, even as the stock faces multi-faceted headwinds year-to-date.
Nvidia's acquisition of SchedMD, the maintainer of the widely used Slurm workload manager, has prompted unease among AI lab engineers and supercomputer operators who worry the chipmaker could prioritize its own hardware in future software updates. While some hope Nvidia's resources will accelerate development of the aging system, others point to pr…
Amazon has agreed to a new package-delivery arrangement with the U.S. Postal Service that would preserve the bulk of its existing USPS shipments. Under terms reported by news outlets, the deal would leave Amazon retaining about 80% of its current USPS deliveries - more than one billion packages annually - while trimming roughly 20% of parcel volume…
Atlas Energy Solutions Inc. said it will offer $300 million of Convertible Senior Notes due 2031 in a private placement, a move that coincided with a 5.6% decline in its shares. The company also plans to grant an option to initial purchasers to acquire up to an additional $45 million of notes and intends to use portions of the proceeds to repay lea…
Viridian Therapeutics stock plunged after Amgen reported positive Phase 3 results for TEPEZZA delivered via an on-body injector for moderate-to-severe active Thyroid Eye Disease. The Amgen trial showed higher proptosis response rates versus placebo and numerically stronger outcomes than Viridian's recent subcutaneous data, while safety findings wer…
Shares of Invesco fell about 5% after BlackRock submitted a filing with the SEC to launch an iShares Nasdaq-100 ETF that will trade under the ticker IQQ. The filing did not disclose fee details. The new iShares product would compete with Invesco's QQQ Trust, which manages roughly $376 billion and tracks the Nasdaq-100 index, comprised of 100 of the…
Boot Barn Holdings Inc (NYSE:BOOT) stock jumped 8% on Monday following Jefferies' upgrade from Hold to Buy and a price target of $195. The analyst pointed to a valuation compression from roughly 24x to 16x earnings while noting continued top-line resilience, new store growth and stable fundamentals. The upgrade arrives amid a decline in the stock d…
On April 6, Netflix introduced Netflix Playground, a children-focused gaming app featuring licensed characters such as Peppa Pig and Sesame Street. The app, aimed at children eight and under, includes offline play, parental controls, and a no-ads, no in-app-purchases policy. It is included across all membership tiers and is initially available in s…
A U.S. district judge in Seattle threw out a proposed class-action suit that alleged the maker of Stanley tumblers concealed the presence of lead in the products, concluding plaintiffs did not show a specific and plausible risk of harm or that the use of lead would be material to reasonable consumers. The manufacturer says lead-containing pellets u…
