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.
18,056 total articles
Princeton Digital Group (PDG), a data centre operator backed by Warburg Pincus, has commenced a sale process for its China assets that could fetch as much as $1 billion. The portfolio spans facilities in six Chinese cities. The potential disposal underscores a broader retreat by international buyout firms from direct ownership of critical Chinese d…
U.S. stock futures rose modestly Thursday evening following a day in which major indexes finished slightly higher and the Dow closed at a record. Markets balanced upbeat corporate earnings in after-hours trading with persistent uncertainty surrounding stalemated U.S.-Iran discussions over Tehran's enriched uranium and a proposed toll in the Strait …
Lam Research is prioritizing the integration of sensing hardware and artificial intelligence into its semiconductor manufacturing equipment to boost productivity and reduce defects, CEO Tim Archer said. The company also confirmed plans to open an additional facility in the Phoenix area and to increase investment at its Fremont, California, headquar…
The Texas Attorney General on May 21 filed a consumer-protection lawsuit in Harrison County accusing WhatsApp and its parent, Meta Platforms Inc., of deceiving users about the strength and reach of WhatsApp’s encryption. The complaint contends the companies falsely present WhatsApp as secure while allegedly having access to the bulk of private comm…
Waymo has temporarily suspended its robotaxi service on U.S. freeways and paused operations in Atlanta while it integrates software updates aimed at improving handling of construction zones and flooded roads. The company said street-level service remains in operation, and the freeway pause affects routes that had been running in San Francisco, Los …
Guzman y Gomez announced it will withdraw from the U.S. market and immediately shut down its Chicago restaurants after concluding the U.S. business is unlikely to meet required performance thresholds. The company warned of a one-off charge of $30 million to $40 million in its 2026 results related to the exit, and said the costs are not expected to …
IMAX has initiated preliminary outreach to entertainment companies about a possible sale, with discussions described as early-stage and not guaranteed to produce a deal. The company did not provide comment. Recent financials show a modest revenue decline in the first quarter but a slight beat of analyst expectations, while IMAX's share of box offic…
Roth Capital Partners began coverage of SailPoint, Inc. on May 20, assigning a "Buy" rating and a 12-month price target of $19. The firm values the company at roughly 7x FY2028 enterprise value-to-sales, views the stock as discounted versus cybersecurity peers, and highlights a roughly $1 billion ARR run rate against an estimated $55 billion addres…
SpaceX plans to launch the 12th uncrewed test flight of its Starship system on May 21, deploying a redesigned Starship V3 and an upgraded Super Heavy booster from a new Texas launch pad. The vehicle family has experienced a mix of early explosions and incremental successes across prior flights, including the first mock satellite deployments and a c…
Apple has asked the U.S. Supreme Court to review a lower court's civil contempt finding tied to fees it charged on some purchases routed to third-party payment systems. The move escalates litigation with Epic Games, which sued in 2020 over Apple's control of in-app transactions and app distribution on iOS. Central issues include a 2021 injunction r…
Deckers Outdoor raised its fiscal 2027 revenue and earnings targets above Wall Street estimates, driven by continued strength at its Hoka and UGG brands and growth across wholesale and direct-to-consumer channels. The company reported quarterly sales and profit that exceeded analyst expectations and highlighted product innovation and brand investme…
Cursor's run-rate revenue reached $3 billion in late April, up from $2 billion in February, driven by more than 3,000 enterprise customers paying at least $100,000 annually. The AI coding software firm released Composer 2.5 this week and remains subject to an agreement that gives SpaceX the right to buy the company for $60 billion or pay a $10 bill…
Goldman Sachs has agreed to a $500 million settlement with a class of shareholders who accused the bank of misleading investors about its involvement with 1MDB. The amount was disclosed in a Manhattan federal court filing and requires judicial approval. The settlement follows prior government penalties and criminal probes tied to the 1MDB scandal.
Zoom Communications raised its fiscal 2027 revenue and adjusted EPS guidance and approved an additional $1 billion share repurchase program, citing stronger demand tied to newly integrated AI agents and companions. The company posted first-quarter revenue that beat expectations, while its second-quarter guidance sits marginally below some analyst e…
Shares of Peloton Interactive and Universal Technical Institute climbed in after-hours trading after S&P Dow Jones Indices announced their inclusion in the S&P SmallCap 600. The changes take effect prior to the opening on May 27, with Peloton replacing Enviri Corp. and Universal Technical Institute taking the slot held by Veris Residential. The mov…
Mexican stocks closed lower on Thursday, driven by losses in the Industrials, Consumer Goods & Services and Consumer Staples sectors. The S&P/BMV IPC ended the session down 0.74% while a handful of names outperformed and others posted notable declines. Market breadth was negative and key commodity and currency benchmarks showed modest changes.
A syndicate of Wall Street banks led by JPMorgan has enlarged a loan package for Warner Bros Discovery to exceed $10 billion as the company moves to refinance debt in advance of a planned merger with Paramount Skydance. The U.S. dollar term loan was raised to $9 billion from $5 billion while a 1 billion euro facility remains unchanged. The financin…
Colombia's stock market closed higher on Thursday, led by gains in Industrials, Services and Agriculture. The COLCAP index finished up 0.55%, with Grupo Aval Pref, Bancolombia Pf and Grupo de Inversiones Suramericana Pref among the top performers. Cementos Argos, Grupo Bolivar and Celsia registered notable declines. Commodities and currency moves w…
Seer Inc. shares declined 2.3% in after-hours trading following a unanimous board decision to reject a revised unsolicited acquisition proposal submitted on May 14, 2026. The offer, from Bradley L. Radoff, Michael Torok and certain affiliates associated with the Radoff-JEC Group, proposed $2.40 per share in cash plus a contingent value right. Seer’…
WhiteFiber Inc. (NASDAQ:WYFI) shares climbed 11.3% in after-hours trading Thursday after the company disclosed a five-year engagement to supply AI compute infrastructure to an investment-grade technology customer. The agreement, worth more than $160 million over five years, calls for service to begin in July 2026 in the Paris region using advanced …
Russian equities ended the trading day higher, with the MOEX Russia Index rising 0.95% at the close in Moscow. Advances were concentrated in the Oil & Gas, Power and Mining sectors. Individual movers included VK Company, Moskovskiy Kreditnyi Bank and Aeroflot among the top gainers, while United Company Rusal and Rosneft were notable decliners. Mark…
Immuneering Corporation's stock climbed in after-hours trading following updated Phase 2a results for its pancreatic cancer regimen combining atebimetinib with modified gemcitabine/nab-paclitaxel. The expanded data set shows a 17.3-month median overall survival among 55 first-line metastatic patients and a safety profile consistent with prior repor…
Ross Stores increased its full-year comparable sales and earnings per share guidance after reporting a strong first quarter marked by a 17% jump in comparable-store sales and a profit of $2.02 per share. Management cited broad gains in customer counts across income levels, ethnicities and ages, keeping momentum for the off-price channel even amid l…
Akari Therapeutics saw its stock jump 50% in after-hours trading after releasing preclinical results that show its lead TROP2-targeting ADC, AKTX-101, produces synergistic cell killing when combined with the KRAS inhibitor adagrasib in pancreatic cancer cell lines carrying KRAS G12D and G12C mutations. The findings, presented in an abstract for the…
The Canadian Radio-television and Telecommunications Commission has finalized rules under the Online Streaming Act requiring online streaming platforms, including Netflix and Spotify, to allocate 15% of their domestic annual revenues to Canadian content. Traditional broadcasters face a lowered minimum contribution of 25% of domestic revenues. The r…
