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.
9,143 total articles
Amazon has indicated to executives in the publishing sector that it intends to introduce a marketplace enabling publishers to sell content to companies developing AI products. Slides circulated by Amazon Web Services ahead of a company event reference the marketplace and place it alongside core AI tools. The development unfolds amid ongoing negotia…
The Teamsters Union has taken United Parcel Service to court, saying a recently revised driver buyout initiative violates provisions of the parties' National Master Agreement. The union says the new Driver Choice Program expands beyond prior offers and that UPS has not supplied requested information. UPS says it engaged with the union in January an…
Mark Hamer, the deputy assistant attorney general and second-in-command at the U.S. Justice Department’s Antitrust Division, announced his departure after nearly a year on the job. In a LinkedIn post, Hamer said he had committed to serving one year when he accepted the position and highlighted 2025 as a peak year for civil antitrust enforcement. He…
Treasury Wine Estates has reached a settlement with U.S. distributor Republic National Distributing Company (RNDC) over the shutdown of RNDC’s California operations last September. The agreement calls for Treasury Wine to repurchase inventory held in California and follows an upward revision to first-half earnings before interest and taxes to appro…
Moody's Ratings has affirmed Fortrea Holdings Inc.'s B3 Corporate Family Rating and associated debt ratings, while revising the outlook from negative to stable. The agency expects adjusted debt-to-EBITDA to fall below 10x within 12 to 18 months, though leverage remains very high and governance risks are material to the rating.
Fitch Ratings has moved GeoPark Limited’s outlook to positive from stable while affirming its long-term foreign- and local-currency issuer default ratings at 'B+'. The upgrade in outlook follows GeoPark’s planned acquisition of Frontera Energy Corporation’s Colombian upstream assets for up to $400 million, a deal Fitch says will increase scale, pro…
Clear Channel Outdoor agreed to be acquired for $6.2 billion in cash by Mubadala Capital and TWG Global. Shareholders will receive $2.43 per share, a 71% premium to the unaffected price of $1.42 on October 16, 2025. The deal, approved unanimously by the company's board, is expected to close by the end of Q3 2026 and will take the company private.
The National Labor Relations Board has moved to dismiss its two-year-old complaint alleging SpaceX fired eight engineers over an open letter criticizing Elon Musk, citing a separate agency's view that the engineers fall under National Mediation Board jurisdiction. The decision signals the NLRB will avoid future enforcement actions against SpaceX wh…
RingCentral Inc. saw its stock climb in after-hours trading after S&P Dow Jones Indices said the company will be added to the S&P SmallCap 600. The addition, effective before market open on Thursday, February 12, will see RingCentral replace Hillenbrand Inc., which is being acquired by Lone Star Funds. Index inclusion typically prompts purchases by…
RTX Corp. won a $230.5 million contract from the U.S. Department of War to procure materials for F135 propulsion systems. The award, structured as a fixed-price-incentive and cost-plus-incentive-fee agreement, is intended to protect the delivery timeline for 138 propulsion systems in Lot 20 and covers work across multiple U.S. locations. Funds from…
The U.S. National Labor Relations Board has dismissed its complaint accusing SpaceX of firing eight engineers for signing an open letter critical of Elon Musk, citing a National Mediation Board opinion that places the engineers under NMB jurisdiction rather than the NLRB's. The decision removes a major federal labor enforcement action against the c…
SPACSphere Acquisition Corp. completed an initial public offering of 17.25 million units at $10 each, raising $172.5 million including the exercise of a 2.25 million-unit over-allotment option. Units started trading on NASDAQ on February 6, 2026; the company placed $10 per unit into a trust account. Each unit comprises one Class A ordinary share, a…
Alphabet launched a $20 billion seven-part offering in the U.S. high-grade bond market as AI-focused technology firms ramp borrowing to finance large data-center and processor investments. The deal follows recent large note sales from Oracle and other hyperscalers and contributes to forecasts for record corporate bond issuance in 2026.
Onsemi reported fourth-quarter revenue of $1.53 billion, an 11% year-over-year decline that missed Wall Street estimates. The Phoenix-based chipmaker cited a persistent inventory glut at customer sites and noted segment pullbacks across its business. Shares dropped nearly 6% in after-hours trading. Management issued first-quarter revenue guidance w…
Quince Therapeutics (QNCX) saw its shares climb sharply in after-hours trading after the company retained LifeSci Capital as its exclusive financial advisor to oversee a review of strategic alternatives and potential liability restructuring. The company, focused on developing rare disease therapies, said it is weighing a range of transactions to ma…
REGENXBIO's stock plunged after the U.S. Food and Drug Administration issued a Complete Response Letter (CRL) rejecting the company’s Biologics License Application for RGX-121, a gene therapy aimed at treating Mucopolysaccharidosis II (MPS II), also known as Hunter syndrome. The FDA cited questions about study eligibility, the comparability of natu…
Autodesk has filed a federal lawsuit in San Francisco accusing Google of infringing its Flow trademark by marketing AI-enabled production software under the same name. The complaint says Autodesk began using Flow in September 2022 and was surprised when Google introduced its own Flow product in May 2025, after telling Autodesk it would not commerci…
U.S. stock indexes closed higher on Monday with the Dow Jones Industrial Average reaching a new all-time high. The S&P 500 rose 0.47% and the Nasdaq Composite advanced 0.90%, supported by strength in Basic Materials, Technology and Oil & Gas sectors. Market breadth was positive on both major exchanges, while volatility, commodities and currency…
The S&P/TSX Composite closed up 1.70% in Toronto on Monday as advances in the Materials, Information Technology and Financials sectors pushed the index higher. Several mining names delivered the session's strongest gains while a handful of stocks, including a major airline and an insurer, were among the largest decliners. Market volatility, measure…
Cambridge Acquisition Corp. completed an initial public offering of 23 million units at $10 per unit, generating gross proceeds of $230 million. The special purpose acquisition company began trading on NASDAQ under the symbol CAQUU on February 6, 2026. Each unit comprises one Class A ordinary share and one-third of a redeemable warrant; each full w…
Colombian equities rose at Monday's close with the COLCAP advancing 1.09% as Industrials, Services and Agriculture sectors outperformed. Organizacion Terpel, Grupo Cibest and Ecopetrol were among the session's strongest performers, while select banking and conglomerate stocks finished lower. Commodity price moves and currency fluctuations accompani…
Cincinnati Financial reported a fourth-quarter profit increase driven by a 10% rise in earned premiums and a 9% jump in investment income. The insurer benefited from a significant after-tax investment gain compared with a prior-year loss. Shares fell in after-hours trading despite year-to-date stock gains.
Shares of Credo Technology Group Holding Ltd (NASDAQ:CRDO) climbed about 17% in after-hours trading Monday after the company reported preliminary third quarter fiscal year 2026 revenue well above both its own guidance and analyst consensus. Management also provided an updated outlook for sequential fourth-quarter revenue growth and reiterated that …
A Senate Commerce Committee hearing will examine the long-standing national television ownership rule that prevents any broadcaster from reaching more than 39% of U.S. TV households. Testimony to be delivered includes a defense of the cap by Newsmax's CEO as a safeguard for competition and diversity, while the National Association of Broadcasters w…
Agomab Therapeutics NV completed an initial public offering that generated approximately $200 million in gross proceeds before underwriting fees and expenses. The clinical-stage Belgian biopharmaceutical firm sold 12.5 million American Depositary Shares at $16 apiece, began trading on February 6, 2026 under the ticker AGMB, and named a syndicate of…
