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.
9,075 total articles
Owners of the Shenandoah offshore field have launched a sale process for a majority stake, attracting interest from several major international oil companies. Beacon Offshore Energy and HEQ Deepwater are marketing up to 51% of the project, with initial bids expected in coming weeks. The field's technical complexity, ongoing production, and shifting…
Atmus Filtration Technologies Inc. (NYSE:ATMU) saw its stock jump 4.6% in after-hours trading on Thursday after S&P Dow Jones Indices said the company will be added to the S&P SmallCap 600. The move will replace Air Lease Corp. (NYSE:AL) and takes effect prior to the market open on April 9, 2026. The change follows the pending acquisition of Air Le…
Russia's equity benchmark closed marginally lower on Thursday, with the MOEX Russia Index sliding 0.05% to a new one-month low. Losses in the Oil & Gas, Power and Manufacturing sectors outpaced gains, although select large-cap names bucked the trend. Market breadth was slightly negative, and the Russian Volatility Index fell notably.
Starbucks has completed a transaction transferring controlling interest in its China operations to funds managed by Boyu Capital, with Boyu taking 60% ownership and Starbucks retaining the remainder while licensing its brand and intellectual property. The move, first outlined in November, is presented as a catalyst for faster expansion in China, wh…
The conflict that began after U.S. and Israeli strikes on Iran on February 28 has produced a wide-ranging set of retaliatory attacks across the Middle East. Reported fatalities number in the thousands, with heavy losses in Iran and Lebanon and deaths recorded in multiple countries including Iraq, Israel, the United States and Gulf states. Reported …
Two Democratic senators have urged the Securities and Exchange Commission and the Defense Department’s Inspector General to investigate and prevent potential insider trading by government officials, citing recent market activity that coincided with presidential announcements. The senators say such trading patterns threaten market integrity and call…
U.S. equity benchmarks closed mixed on Thursday. Strength in Utilities, Oil & Gas and Technology supported gains for the S&P 500 and Nasdaq Composite, while losses in Consumer Goods, Healthcare and Industrials weighed on the Dow. Several individual names swung sharply in both directions, and volatility and commodity markets also moved notably by th…
Canadian equities finished higher on Thursday, with gains concentrated in the Energy, Healthcare and Information Technology sectors propelling the S&P/TSX Composite up 0.46% at the close. A handful of individual names posted strong advances while several large-cap issues lagged. Market breadth was positive, volatility ticked higher and notable swin…
The Bovespa finished modestly higher on Thursday, rising 0.05% to reach a one-month high. Gains were concentrated in the Electric Power, Public Utilities and Telecoms sectors, while individual stock performance was mixed. Commodity markets showed pronounced movement, with crude oil jumping and gold futures retreating.
HMH Holding Inc. completed a public offering that sold 10,520,000 Class A shares at $20.00 each, yielding roughly $193.8 million in net proceeds after underwriting discounts, commissions and estimated offering costs. The company began trading on the Nasdaq Global Select Market under the ticker HMH and retains an option for underwriters to purchase …
SpaceX has raised its initial public offering target valuation above $2 trillion and is presenting that figure to prospective investors, according to people familiar with the matter. The company recently submitted confidential IPO paperwork to the U.S. Securities and Exchange Commission and is aiming for a market listing later this year. The move f…
The National Labor Relations Board has ruled that Amazon must meet and bargain with representatives of the Amazon Labor Union for about 5,000 workers at a Staten Island fulfillment center, finding the company committed unfair labor practices by declining to recognize or negotiate with the union. Amazon has disputed the ruling and signaled plans to …
Microsoft adjusted its Copilot go-to-market strategy to prioritize paid subscriptions over free bundling and, according to company executives, reached ambitious sales goals for the tool in the fiscal quarter ended in March. Senior commercial executive Judson Althoff told staff the firm met and essentially achieved bold internal targets and expects …
Sixteen large pharmaceutical companies have publicly agreed to align U.S. prescription drug prices with levels charged in other developed nations, accept most-favoured-nation pricing, sell medicines directly to consumers through a new federal platform called TrumpRx.gov and commit to substantial U.S. investments. These deals follow letters sent by …
Major carmakers introduced new electric vehicles at the New York Auto Show even as U.S. EV sales have softened following the end of a $7,500 federal tax credit. Automakers signaled continued commitment to EVs, citing rising gasoline costs and long-term market recovery timelines, while industry executives warned that near-term demand remains subdued…
OpenAI has acquired TBPN, an online technology-focused talk show popular in Silicon Valley. Founders John Coogan and Jordi Hays, who launched TBPN in late 2024 to compete with established business news outlets, will join OpenAI as part of the transaction. OpenAI did not disclose financial terms and said the acquisition is intended to improve how it…
The federal government has filed lawsuits against Arizona, Connecticut and Illinois to block state efforts to regulate prediction markets, arguing those actions conflict with the Commodity Futures Trading Commission’s exclusive authority over national swaps markets. The suits challenge cease-and-desist orders and state enforcement actions aimed at …
The administration plans to unveil a $1.5 trillion defense budget request for fiscal 2027, the largest year-over-year increase since World War Two. The package is expected to fund the $185 billion 'Golden Dome' missile defense shield, procurement of F-35 fighters, warships and Virginia-class submarines, and broader weapons production to deter Chine…
Rising petrochemical prices and tighter spreads have improved the operational outlook for Brazil-based Braskem, prompting an analyst price-target increase. However, the company faces near-term interest obligations and mounting debt pressures at its Mexico joint venture, and a delayed ownership transition has left negotiations over its capital struc…
Regeneron Pharmaceuticals said it expects to be left off a proposed U.S. tariff list aimed at drugmakers that have not finalized price-cut agreements with the administration. The company said it expects to announce a deal "in the near future" to reduce prescription costs for Medicaid and cash-paying patients, and remains the only one of 17 firms th…
Equity markets on Thursday delivered a mix of advances and declines across capitalizations. Several mega-cap technology names gained, while some large industry names fell. Mid- and small-cap stocks produced the most extreme percentage moves, with notable rallies and sharp sell-offs across sectors including technology and healthcare.
Traders face a dense schedule of U.S. economic releases on Friday, April 3, 2026, led by the monthly nonfarm payrolls report and a slate of labor-market indicators, followed by the Services PMI. The data, which include headline payrolls, unemployment, hourly earnings and a range of S&P Global PMIs, offer contemporaneous information on employmen…
SpaceX has engaged in confidential discussions with Saudi Arabia's Public Investment Fund about the possibility of PIF taking an approximately $5 billion anchor stake in the company’s planned initial public offering. The move would help limit dilution of PIF’s current holding of just under 1%. SpaceX is lining up anchor investors as it tests appeti…
Hedge funds sold global equities at the fastest clip in 13 years during March, driven largely by a rise in short positions and ETF-based trades, according to data from Goldman Sachs' prime brokerage. The selling accompanied steep monthly declines in major equity benchmarks and was concentrated across economically sensitive sectors, while managers r…
UBS released a ranked list of five U.S. natural gas companies it views as best positioned in the present market environment. The selections span diversified oil-and-gas operators and pure-play gas producers, with the firm citing operational footprints, recent financial results, leadership moves, balance-sheet actions and asset transactions in its a…
