Real-time financial, economic, and global news with market-focused context and analysis.
Coverage spans equities, macroeconomic data, commodities, currencies, technology, politics, and global events—paired with analysis that highlights why each development matters for traders and investors. From breaking headlines to hourly market snapshots and in-depth articles, the News Hub is designed to help you stay informed, oriented, and ahead of market-moving events.
Morgan Stanley published its weekly prescription-tracking figures for select U.S. neurology medicines using IQVIA data for the week ending May 29. The data show modest year-over-year growth in the broader antipsychotic category and for several individual products, while week-over-week comparisons frequently show declines amid a holiday week. Rollin…
Douglas Dynamics, a leading North American manufacturer of work truck attachments and equipment, declared a quarterly cash dividend of $0.295 per share for Q2 2026, payable on June 30, 2026. The company emphasizes its commitment to continuous improvement and shareholder value through its recognized product brands and proprietary management system.
BioCardia Inc. (NASDAQ: BCDA) saw its shares surge in premarket trading after the FDA's Center for Biologics Evaluation and Research provided meeting minutes confirming that the ongoing CardiAMP Heart Failure II Trial may serve as one of the studies to support a Premarket Approval application for the CardiAMP Cell Therapy System. The system targets…
Western Asset Management, a unit of Franklin Resources, has agreed to pay a $100 million civil penalty to resolve Securities and Exchange Commission charges that its former co-chief investment officer engaged in a trade allocation scheme that favored certain portfolios between January 2021 and October 2023. The SEC alleged the firm failed to stop t…
Sterling and the euro retreated on Friday after U.S. labor market figures showed stronger-than-anticipated hiring, reinforcing expectations that the Federal Reserve will keep interest rates elevated for longer and supporting demand for the dollar. GBP/USD traded lower at 1.3413 as of 08:55 ET (12:55 GMT), while EUR/USD eased to 1.1594, with market …
Hedge funds, especially those focused on equities, outpaced market benchmarks in May as a rally led by U.S. technology shares boosted returns. Stock-picking strategies recorded stronger gains than the MSCI total return index, while systematic stock funds also posted positive returns. Rising borrowing and concentrated long positions amplified the mo…
Goldman Sachs has upgraded its copper price forecasts after identifying a notably tighter market outside the United States. The bank attributes the shift to reduced global mine output, slower recoveries at major operations, limited scrap availability in China and continued heavy U.S. imports, which together push non-U.S. market balances into sizeab…
Village Farms International said it has entered into securities purchase agreements to sell 7,500,000 common shares in a registered direct offering that is expected to generate about $15 million in gross proceeds. The announcement prompted an 8.9% decline in the company's shares in premarket trading. The offering, arranged by A.G.P./Alliance Global…
NRx Pharmaceuticals announces a presentation by Osmind, Inc. of a large retrospective study comparing intravenous ketamine and intranasal esketamine in treatment-resistant depression, showing higher remission and response rates for IV ketamine. The study reflects real-world data from over 10,000 patients and aligns with growing regulatory emphasis …
Morgan Stanley projects that SpaceX may generate $3.4 trillion in revenue by 2040, driven largely by the companys AI operations. The bank also expects roughly $190 billion in AI revenue by 2030 and total revenue of about $330 billion that year. The forecasts come as SpaceX begins investor meetings for an IPO that targets $75 billion in proceeds.
India and the United States are progressing rapidly toward finalising the first tranche of a bilateral trade agreement, with Indian Trade Minister Piyush Goyal saying the initial phase could be executed by mid-July. Talks stalled earlier this year but resumed momentum after meetings in New Delhi; a separate U.S. tariff proposal linked to forced lab…
Several Chinese banks have increased the interest rates they offer on U.S. dollar deposits in recent weeks, according to sources. The moves - spanning large state-owned lenders to smaller joint-stock banks - have pushed some dollar deposit rates to around or above the U.S. Secured Overnight Financing Rate (SOFR) of 3.61%. Market participants say th…
Julian Forrest Barnwell Jr., a director at Burke & Herbert Financial Services Corp. (NASDAQ:BHRB), has executed a significant insider purchase, acquiring 5,000 shares of common stock on June 3, 2026. The transaction, valued at $313,795, reflects a per-share acquisition price of $62.7591. This move increases Barnwell Jr.'s direct holdings in the com…
Cognyte is a profitable growth story in security analytics that trades at a sub-$700m market cap despite double-digit revenue potential from AI-enabled analytics and a sizable enterprise/government customer base. The chart and sentiment suggest a setup: buy at current levels with a stop below prior consolidation and a target near the 52-week highs …
Vivos Therapeutics announced a binding agreement with Streeterville Capital to exchange up to $4.5 million of outstanding senior secured debt into a combination of perpetual preferred and common stock. This debt-to-equity exchange, contingent on new equity financings, aims to improve Vivos's stockholders' equity to comply with Nasdaq listing requir…
Prestige Consumer Healthcare Inc. announced its participation in a fireside chat at the Oppenheimer 26th Annual Consumer Growth and E-Commerce Conference on June 8, 2026. The event will be available via live webcast and will cover the Company's market presence and product portfolio.
Canada added 88,000 jobs in May, reversing four months of declines. The gain was driven entirely by full-time hiring, which rose by 154,000, while part-time positions fell by 66,000. The national unemployment rate declined to 6.6%, hourly wages moderated to 3.0% year-over-year growth, and a larger share of workers reported working entirely outside …
Nonfarm payrolls rose by 172,000 in May, following an upwardly revised 179,000 increase in April. The unemployment rate stayed at 4.3% for a third month. Economists say low layoffs and corporate balance-sheet support from tax and tariff refunds have helped preserve jobs even as firms remain cautious amid tariff fallout and the U.S.-Israeli war with…
Bank of America has cut its forecast for India’s fiscal 2027 GDP growth to 6.5% from 7.0%, citing the ongoing West Asia conflict and its effects on oil and trade. The note follows stronger-than-expected GDP prints for fiscal 2026 but highlights softer manufacturing output, slower export growth and subdued nominal GDP expansion. The firm also brough…
BTCC has unveiled '15 Years in the Game: The BTCC World Cup Showdown', a global marketing and user-engagement campaign that ties the platform's 15th anniversary to the FIFA World Cup 2026. The promotion features a million-USDT prize pool, match-prediction mechanics, team-based futures trading leaderboards, and a premium lucky draw with experiential…
FutureFuel Corp. (NASDAQ:FF) Chief Executive Officer Roeland Polet has increased his personal stake in the company by purchasing 10,000 shares. This transaction occurs as the company navigates a period of strategic capital reallocation, marked by a significant reduction in its quarterly dividend. The move to prioritize share buybacks over dividend …
Allianz SE has submitted an offer and is in advanced negotiations to acquire Lisbon-based non-life insurer Caravela Seguros, Bloomberg reported, citing people familiar with the matter. The potential deal would add a company with a roughly 2.6% share of Portugal's non-life market to Allianz's local portfolio. Toscafund, which owns a 48% stake, has e…
Point72 Asset Management has recruited alpha-capture specialist Ricky Nardis to help evaluate and potentially build a program that gathers trading insights from other hedge funds. The initiative is in an exploratory phase, and the firm’s plans may change. Similar efforts are being prepared at Citadel, and the approach builds on a model pioneered by…
TeraWulf is actively pursuing access to the leveraged loan market as it scales AI and high-performance computing infrastructure, following a $3.2 billion high-yield bond sale. The company's CFO said it is collaborating with Morgan Stanley and other banks to design loan offerings, while expecting its next financing to probably be another high-yield …
William Blair says Blue Origin’s anticipated resumption of launches this year offers upside to AST SpaceMobile and Karman after the New Glenn launchpad explosion. Company executives and analysts outlined expectations at William Blair’s 46th Annual Growth Stock Conference, where both AST SpaceMobile and Karman reiterated operational targets and reve…
