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
Bird Construction Inc. is preparing to enter the corporate bond market for the first time, aiming to raise about C$250 million (roughly $181 million) through a five- to seven-year debt offering, according to people familiar with the matter. The move follows a recently announced long-term construction partnership with BCE Inc. to build data centers,…
After the market closed, a number of companies across software, retail, consumer goods, gaming and communications posted results or released corporate updates that pushed their shares higher. Notable moves included Workday, Ross Stores, Estée Lauder, Deckers, Take-Two Interactive, Zoom and Webull Corp, with gains driven by earnings beats, margin an…
GE Vernova Inc. has signed a definitive agreement to acquire Robotech Automation, a private robotics and automation systems integrator based near Montreal, Quebec. The roughly 35-person firm provides customised automation solutions through in-house design, engineering and integration supported by a network of manufacturing partners. GE Vernova said…
U.S. stock indexes closed higher on Thursday, with the Dow Jones Industrial Average reaching a new record. Gains were concentrated in the Telecoms, Utilities and Basic Materials sectors, while notable swings in individual large-cap and mid-cap names produced a mixed outcome across the S&P 500 and Nasdaq Composite.
Brazil's main stock index closed modestly higher, propelled by gains in Financials, Basic Materials and Industrials. While the Bovespa rose 0.17%, individual movers ranged from double-digit declines in some names to multi-percent gains in others. Volatility as measured by the CBOE Brazil ETF Volatility fell sharply, while commodities and FX showed …
On May 21, Take-Two Interactive projected fiscal 2027 bookings of $8.0 billion to $8.2 billion, below analysts' average estimate of $9.10 billion. The company reiterated a November 19 release date for Grand Theft Auto VI, and its shares climbed about 6% in extended trading. Take-Two reported fourth-quarter bookings of $1.58 billion, narrowly beatin…
On May 21 the two firms announced they have stopped talks about a possible merger that had been exploring the creation of a leading premium beauty group. The proposed tie-up had been discussed since March and would have brought iconic fragrance and cosmetics labels together under a single roof while giving Estee Lauder expanded access to Puig’s per…
Lockheed Martin has begun construction of an 87,000-square-foot Munitions Production Center, Building 47, at its Troy, Alabama campus. The new facility will host production lines for THAAD and Next Generation Interceptor missiles and is expected to significantly expand manufacturing capacity and create new jobs. The build is part of an $8 billion t…
Estee Lauder shares jumped 12% in after-hours trading following the announcement that talks with Puig over a potential business combination have been terminated. The beauty group reaffirmed its commitment to the Beauty Reimagined strategy, outlined a One ELC operating model to accelerate innovation and scale winners globally, and said it will conti…
Hims & Hers Health Inc. (NYSE:HIMS) saw its share price rise after announcing the availability of generic semaglutide for eligible Canadian customers. The company is offering personalized care plans beginning at CAD 149 per month that combine medication access with ongoing support from a Care Team and guidance on nutrition and lifestyle. The produc…
Cummins shares slid roughly 4.7% in afternoon trading after a jury found the company liable for misappropriating trade secrets, while a new $3.23 billion shelf registration and subsequent analyst downgrade and reports of insider selling amplified investor concern. Those company-specific developments eclipsed the firm’s 2026 Analyst Day, where manag…
American Resources (NASDAQ:AREC) shares declined after reports that the Pentagon is reconsidering an $80 million conditional loan to ReElement Technologies, a company in which American Resources holds an affiliated minority interest. Officials reviewing the deal raised concerns about ReElement's ability to scale its technology and meet long-term re…
Williams-Sonoma Inc. shares climbed following first-quarter fiscal 2026 results that exceeded analyst expectations on profits and adjusted EBITDA, while revenue matched forecasts. The company reported EPS of $1.93 versus an estimate of $1.80, revenue of $1.81 billion representing 4.4% year-over-year growth, and adjusted EBITDA of $377.3 million, to…
Brunt Workwear is conducting a strategic review that includes possibilities such as a complete sale or a minority stake transaction that could place the privately held company’s valuation north of $1 billion. The firm has engaged JPMorgan to run the process, which has drawn interest from both corporate buyers and private equity firms. Brunt, launch…
Starbucks has discontinued an employee-facing AI application that automated inventory counts in its North American stores, nine months after the tool was rolled out. Internal communications and statements indicate the company will revert to standard counting methods for beverage components and milk while pursuing supply chain and replenishment impr…
The White House on May 21 urged lawmakers to approve long-delayed rail safety legislation following the 2023 Norfolk Southern train derailment in Ohio that released more than a million gallons of hazardous materials. The proposed measures - under consideration for attachment to a five-year highway package - would enhance safety procedures for train…
Amkor Technology said it is collaborating with Advanced Micro Devices on packaging the chipmaker's products as the company expands its Arizona operations and moves into more complex chip packaging technologies. The announcement follows a fresh land purchase adjacent to an existing development site and comes alongside partnerships that tap Taiwan Se…
Emami Ltd. shares declined after the company reported weaker-than-expected fourth-quarter results, with both revenue and net profit falling year-on-year. Management pointed to adverse seasonal conditions and geopolitical disruption in West Asia as contributors to the shortfall. The quarter showed gross margin improvement through cost measures but h…
Waymo paused its robotaxi service in Atlanta after an unoccupied autonomous vehicle drove into a flooded street. The company recovered the vehicle and removed it from the scene. This follows an earlier pause in San Antonio and a recent recall of 3,791 vehicles to address software that could allow continued driving into potentially untraversable flo…
Electrolux has set the subscription price for its rights offering at 16.75 Swedish crowns per share, with the issue designed to generate roughly 9.06 billion crowns in gross proceeds. The funds will be allocated to the company’s restructuring initiative as it shifts emphasis toward premium product categories amid weak demand and pressure from lower…
Air India chief executive Campbell Wilson said his successor will confront a difficult operating environment shaped by a ban on Pakistan’s airspace, repercussions from the Iran conflict and a strong U.S. dollar. Wilson, who announced his intention to step down last month, said he will remain available to help with a transition and that the next fou…
UBS is reorganizing its wealth management leadership in the Middle East. Christl Novakovic, currently head of wealth management for EMEA, will move to the Middle East later this summer, while Niels Zilkens will relocate to Doha. The bank will also divide its EMEA wealth management coverage into five sectors beginning June 1 to enable greater focus …
Stocks across market-cap ranges moved sharply on Thursday, with notable strength in chip-related and quantum-linked names and weakness in select retailers. Arm and IBM were among the biggest gainers in the mega-cap cohort, while smaller technology and energy plays recorded double-digit rallies. Retail heavyweight Walmart fell after a rating adjustm…
Traders head into the last trading day of the week with a compact but influential slate of releases on Friday, May 22, 2026. The University of Michigan's final consumer sentiment and expectations readings arrive alongside remarks from Federal Reserve Governor Christopher Waller. The market will also digest weekly data from Baker Hughes on active U.…
Meta Platforms has settled a lawsuit brought by Breathitt County School District, the first case selected for trial alleging social media companies should pay to address student mental health harms. The settlement follows earlier agreements by YouTube, Snap and TikTok and ends a case that was scheduled for a June 15 trial in federal court in Oaklan…
