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.
17,764 total articles
Lululemon Athletica plunged in after-hours trading after the company issued a substantial reduction to its full-year fiscal 2026 earnings and revenue guidance and set a weak outlook for the second quarter. Strong first-quarter results did little to offset investor worry as management trimmed expectations, faced activist engagement from founder Chip…
Moody's upgraded Tenet Healthcare's corporate family rating and certain debt classes, citing significant deleveraging over the past 24 months driven by EBITDA growth and debt reduction. The ratings action comes with a stable outlook and reflects expectations for continued revenue and EBITDA expansion through ambulatory care, disciplined capital all…
Canadian equities closed higher on Thursday, with the S&P/TSX Composite rising 1.19% to reach a new record. Strength in the Healthcare, Financials and Materials sectors underpinned the advance. Several individual names posted significant moves in both directions while commodity prices and FX showed mixed activity.
Stocks moved in extended trading after a string of quarterly results and forward outlooks. Lululemon fell sharply after providing weaker-than-expected guidance, while enterprise software and data companies delivered a mix of beats, raised outlooks and profit-taking that produced varied after-hours price reactions.
Lululemon Athletica reduced its full-year revenue and earnings-per-share guidance, citing softer demand in the U.S. The Vancouver-based athleisure maker now forecasts flat to down 1% revenue for fiscal 2026 and EPS of $10.95 to $11.15, cutting prior targets and prompting a roughly 7% drop in after-hours trading.
Anthropic has stationed roughly six engineers inside the U.S. National Security Agency to help deploy and tailor its Mythos AI model for offensive cyber operations, while the company remains embroiled in a legal dispute with the Pentagon over restrictions on military applications of its Claude models. Mythos, launched in April and recently slated f…
President Trump announced a roughly $700 million federal package using the Defense Production Act to support U.S. coal infrastructure, including upgrades to existing plants, funding for a new export terminal and grants for new coal-fired plants. The declaration drove gains in coal-related stocks and ETFs while drawing sharp criticism from environme…
U.S. officials are reportedly preparing to cancel a Biden-era plan to station Tomahawk cruise missiles in Germany, citing concerns that Russia would interpret the deployment as an escalation. The reversal, which would also reflect broader reductions in U.S. commitments to NATO, would frustrate German efforts to modernize defenses at a time when Ber…
Airbnb Chief Executive Brian Chesky is creating a new artificial intelligence lab, according to people familiar with the matter. The venture is reportedly in preliminary funding stages and may prioritize AI models aimed at user interaction and design. Chesky will remain CEO of Airbnb and is not expected to assume the chief executive role at the new…
Blackstone said investors sought to withdraw 10% of shares from its $79 billion Bcred private-credit fund in the second quarter, equal to $4.4 billion. The firm will cap redemptions at 5%, reversing a March decision to honor all requests. Redemption pressure across the private-credit sector has prompted withdrawal limits and moved stock prices at m…
Executives from Jefferies and JPMorgan are arranging visits to Caracas as investors press for firsthand details about Venezuela's economic reopening and potential debt restructuring. Jefferies leaders traveled to Venezuela this week and may return soon, while JPMorgan is coordinating a separate trip that could include clients. These would be among …
LS Power LLC is said to be in advanced negotiations to acquire Electricite de France SA’s North American renewable power business for more than €4 billion ($4.7 billion). The discussions, reported by Bloomberg News and attributed to people familiar with the matter, could lead to an announcement in the coming days or next week, but the talks remain …
United Airlines circulated a safety bulletin to pilots after a Boeing 767 struck a light pole adjacent to the New Jersey Turnpike during its approach to Newark on May 3. Debris from the pole struck a southbound tractor-trailer; no passengers or cabin crew were injured, though the truck driver suffered minor injuries and the aircraft sustained subst…
Keystone Acquisition Corp. completed a $287.5 million initial public offering of 28.75 million units at $10.00 each after underwriters exercised a 3.75 million-unit overallotment. The units, which began trading on Nasdaq under ticker KEYYU on June 3, consist of one Class A ordinary share and one-half of a redeemable warrant; whole warrants are exer…
Anthropic PBC's president, Daniela Amodei, said rising expenses for training large AI models are a primary reason the company has taken steps toward an initial public offering. The startup submitted confidential draft paperwork and recently closed a major funding round, while striking large computing agreements to support model development and depl…
Stocks across market-cap categories swung sharply on Thursday as individual company developments, analyst actions and corporate announcements pushed share prices in divergent directions. Mega-cap names such as Broadcom and Arista moved lower, while insurers, healthcare and some technology names posted notable gains. Large- and mid-cap issues also r…
A packed slate of U.S. economic releases on Friday, June 5, 2026, culminates in the monthly employment report at 7:30 AM ET, featuring nonfarm payrolls, the unemployment rate and average hourly earnings. Market participants will parse the data for insight into labor-market strength and wage pressures that inform monetary policy expectations. Additi…
Qantas is in confidential discussions with aircraft manufacturers about a potential order for roughly 20 wide-body aircraft, weighing further Boeing 787s against the main Airbus A350-900 variant. The carrier is mid-way through a large fleet renewal programme, with existing orders and options already in place and some deliveries delayed by supply ch…
Quantinuum began trading on the Nasdaq under the ticker QNT, opening at $68 per share - 13.3% above its $60 IPO price - and achieving a market value of $17.63 billion. The company sold 28 million shares of Class A common stock at $60 apiece, raising $1.68 billion. Quantinuum adjusted both the size and price range of the offering prior to final pric…
Global battery electric vehicle (BEV) deliveries reached 1,228,773 units in April 2026, a 16% increase versus April 2025 but down 7% from March 2026, according to Morgan Stanley’s Global EV Tracker. BYD was the top-selling BEV manufacturer in April, followed by Tesla and Geely. Regional dynamics varied, with Europe and China outperforming the U.S. …
Covalent has partnered with Oxford Instruments to embed WITec360 Raman instrumentation into Covalent’s application environment, creating wafer-level Raman and photoluminescence workflows. The integrated system, configured with 355 nm and 532 nm laser excitation and capable of handling wafers up to 300 mm, is positioned to support defect detection, …
Sasol International Chemicals will invest €60 million at its Brunsbüttel, Germany site to expand capacity for advanced alumina products used in catalyst systems and other specialized applications. The company has obtained construction approvals, begun procurement, plans to select a general contractor in June, and aims to start operations around 202…
Prime Minister Keir Starmer publicly admonished Elon Musk on Thursday, saying the billionaire should cease intervening in British politics after Musk posted remarks on X about a murder case that has provoked protests and widespread anger. The case involves 18-year-old Henry Nowak, who was handcuffed by police as he died from stab wounds following a…
Major U.S. banks are staging prominent events for affluent clients as SpaceX prepares to launch a $75 billion IPO next week, a transaction that would value the company at $1.75 trillion. Bank of America, JPMorgan and Morgan Stanley are hosting presentations that include appearances by SpaceX President and COO Gwynne Shotwell and CFO Bret Johnsen, a…
The U.S. Supreme Court’s current term has addressed a wide-ranging set of disputes touching voting rights, presidential authority, trade policy, immigration protections, agency independence, free speech, firearms law, corporate liability and patent questions. Several decisions already issued this term have reshaped legal guardrails - most notably i…
