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.
9,677 total articles
Taiwan's defence minister said the United States has a 'quite a high' sense of urgency to help the island strengthen its self-defence capabilities and has established a special project team to accelerate weapons deliveries that have experienced delays, including a 2019 order for 66 F-16V fighters. U.S. officials have signalled prioritisation of Tai…
Merck is nearing an approximately $6 billion all-cash agreement to buy Terns Pharmaceuticals, a developer of a therapy for chronic myeloid leukaemia (CML). The offer would represent a premium over Terns' market capitalisation of about $5.3 billion. The move is part of Merck's recent dealmaking to strengthen its oncology pipeline ahead of potential …
U.S. equity futures advanced sharply in late trading after reports said Washington had transmitted a 15-point proposal to Iran intended to end the war. Sizable gains in S&P 500, Nasdaq 100 and Dow futures came as Brent and WTI retreated more than 5%, easing some inflation and margin pressure for companies. Conflicting statements from U.S. and Irani…
Panama Ports Company, a unit of Hong Kong conglomerate CK Hutchison, has widened its arbitration claims under the International Chamber of Commerce to seek damages in excess of $2 billion after what it described as Panama's illegal takeover of two terminal operations and company property. The dispute follows Panama's cancellation of long-standing c…
Anduril and Palantir Technologies are collaborating to develop software for the Golden Dome space-based missile defense program, which now has a $185 billion budget and involves multiple defense primes and dozens of contractor contenders. The effort seeks capabilities to intercept ballistic, cruise and hypersonic missiles, and several smaller techn…
A federal judge in Manhattan denied a motion to vacate the conviction of Charlie Javice for allegedly defrauding JPMorgan in its $175 million purchase of her education startup Frank, finding that his law clerks' prior and prospective employment at Davis Polk & Wardwell did not create an appearance of partiality. The judge said evidence was strong a…
Mexico's benchmark S&P/BMV IPC closed higher, gaining 2.18% as strength in Industrials, Consumer Goods & Services and Consumer Staples propelled the market. Megacable, América Móvil and Sigma were the session's top performers, while Industrias Peñoles and Bolsa Mexicana de Valores finished lower. Commodity and currency movements accompanied the equ…
Baltimore filed suit against Elon Musk’s xAI, accusing the company’s Grok chatbot of generating and distributing nonconsensual sexually explicit images, including images of children. The complaint, lodged in Baltimore Circuit Court, says Grok has flooded X with objectionable content and alleges violations of the city’s consumer protection law. The …
Colombia's main equity benchmark closed higher on Tuesday, led by advances in Industrials, Services and Agriculture. The COLCAP added 0.31% at the close. Major movers included Interconnection Electric SA ESP and Ecopetrol SA on the upside, while Corporacion Financiera Colombiana SA and several banks recorded the largest declines. Commodities and cu…
Russia's equity benchmark finished modestly higher as sector strength in Oil & Gas, Manufacturing and Telecoms supported the market. The MOEX Russia Index closed up 0.19%, with several large-cap names posting notable gains while a subset of energy and materials stocks fell. Commodities and foreign-exchange rates moved unevenly during the session.
A jury in New Mexico ruled that Meta Platforms breached state consumer protection law and must pay $375 million in civil penalties after a six-week trial brought by the state attorney general. The lawsuit alleged the company misled the public about the safety of Facebook, Instagram and WhatsApp and enabled adults to target and exploit underage user…
Air Canada has confirmed that the Captain and First Officer on an Air Canada Express flight died after the Mitsubishi CRJ900 aircraft operated by Jazz Aviation LP experienced an accident while landing at New York LaGuardia Airport late on March 22. Of the 76 people on board, 39 were taken to local hospitals with varying injuries; six remain hospita…
GameStop reported a 14% year-over-year decline in revenue for the quarter ended January 31, with total sales falling to $1.10 billion from $1.28 billion. The Texas-based retailer cited continued pressure on its brick-and-mortar model as the video game market moves toward digital distribution. Management highlighted reduced operating expenses and a …
MercadoLibre will allocate 57 billion reais ($10.9 billion) to Brazil this year, a 50% increase from 2025, directing funds primarily to logistics expansion, enhancements to its e-commerce marketplace, and growth of the credit portfolio at its fintech, Mercado Pago. The company plans to add 14 fulfillment centers, push total Brazilian headcount abov…
AlphaSense is pursuing a fresh capital raise worth hundreds of millions of dollars, Bloomberg reported, citing people familiar with the matter. The proposed valuation would top the company's more than $4 billion valuation from its 2024 financing, though no final decision has been made and terms could shift. Founded in 2011, AlphaSense provides an A…
U.S. stock benchmarks finished lower on Tuesday, led by declines in Technology, Consumer Services and Healthcare sectors. The Dow Jones Industrial Average lost 0.18%, the S&P 500 fell 0.37% and the Nasdaq Composite dropped 0.84% at the close in New York. Market breadth was slightly negative on the NYSE and more decisively tilted toward decliners on…
Canada's main stock index closed modestly higher on Tuesday as advances in the Clean Technology, Energy and Materials sectors lifted the S&P/TSX Composite by 0.18%. A handful of large movers drove much of the session's momentum, while volatility measures ticked up and commodity prices rose alongside a firmer US dollar index.
Brazil's main equity index, the Bovespa, finished the session up 0.32% as advances in Basic Materials, Industrials and Telecoms offset weakness elsewhere. Volume of decliners outpaced gainers, and volatility as measured by the CBOE Brazil Etf Volatility fell sharply. In commodities trading, gold, oil and coffee futures rose, while key FX pairs were…
OpenAI has decided to discontinue its Sora video-generation app and the associated developer API six months after the app's standalone release, the company said Tuesday. The move accompanies a broader internal refocus toward business and coding capabilities and world-simulation research intended to support robotics and real-world tasks, as compute …
OpenAI is preparing to discontinue the standalone Sora video application, moving the product out of public distribution as it concentrates resources on business and coding services ahead of a possible initial public offering later this year. Reports indicate Sora may be integrated into ChatGPT, after its launch as a separate app in September 2025. …
NASA announced it is pausing the Lunar Gateway orbital station in its current form and will use parts of that program to build a $20 billion base on the moon’s surface. The agency, led by Jared Isaacman who assumed leadership in December, also revealed plans to send a nuclear-electric propulsion demonstrator called Space Reactor 1 Freedom to Mars b…
The National Transportation Safety Board reported that LaGuardia Airport's surface surveillance system did not issue an alert during a collision between an Air Canada Express CRJ-900 and a firetruck that killed two pilots and injured multiple passengers. The system, ASDE-X, could not generate a reliable track because of vehicles merging and unmergi…
Apple is evaluating a standalone application for its Siri voice assistant and a new 'Ask Siri' capability designed to function across the company's software ecosystem. The revamp, described by people familiar with the matter, will present a refreshed interface and chatbot-like interaction and is expected to be introduced at the company's Worldwide …
United Parcel Service told the International Brotherhood of Teamsters that it has rescinded its most recent driver buyout proposal for the Teamsters Central Region, the union said. The reversal follows an earlier plan to offer $150,000 one-time payments to drivers and a broader dispute that prompted a union lawsuit over workforce cuts and facility …
Shares of Fair Isaac Corporation, TransUnion and Equifax slid on Tuesday after the Federal Housing Finance Agency director said pricing for credit scores and credit bureau services needs to be more affordable. The moves followed reporting that Senator Josh Hawley is opening an inquiry into how Fair Isaac prices services sold into the mortgage marke…
