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.
25,383 total articles
S&P Global Ratings cut all ratings on Dish DBS Corp. to D after the EchoStar Corp. subsidiary filed for Chapter 11 on June 30, 2026. The move came ahead of a $2 billion secured-note maturity and followed a previously negotiated restructuring support agreement, with the company saying a delayed spectrum sale to AT&T left it unable to meet the schedu…
Moody's Ratings affirmed KLA Corporation's A2 rating on its senior unsecured notes and moved the outlook from stable to positive, citing expected mid- to upper-teens annual revenue growth over the next 12 to 18 months. The upgrade in outlook reflects stronger demand for process control tools tied to leading-edge logic chips and high-bandwidth memor…
SoftBank Group has reopened talks with a lending group on a potential $10 billion margin loan backed by its ownership stake in OpenAI. After earlier pushback from banks wary of valuing private-company shares, SoftBank is now proposing to guarantee repayment to provide lenders recourse if the collateral falls in value. The financing would take the f…
BitGo Holdings Inc. announced day-one custody support for Robinhood Chain mainnet, enabling institutional wallet creation, multi-signature hot and cold custody, ERC-20 asset support at launch, and native ETH fee handling. The move prompted a 2.1% rise in BTGO shares in after-hours trading as the company deployed smart contracts, updated its platfor…
American Eagle Outfitters said it will name Ravi Thanawala as chief financial officer effective August 3. Thanawala joins from Papa John’s, where he has served as CFO since November 2025. Mike Mathias, who has held multiple finance roles at American Eagle over a 25-year span and has been CFO since April 2020, will move into a full-time non-executiv…
Stratus Properties Inc. said it will voluntarily delist its common stock from Nasdaq and deregister with the SEC as it moves forward with an approved Plan of Liquidation. The company announced an initial liquidating cash dividend of $5.00 per share payable July 20, 2026 to holders of record on July 13, 2026. Shares fell 2.7% in after-hours trading …
San Francisco Mayor Daniel Lurie has leaned into his long-running passion for soccer as the World Cup brings multiple matches to the Bay Area. A devoted Leeds United fan and an investor in 49ers Enterprises, Lurie has been active at fan zones, bars and watch parties, using the tournament to highlight neighborhood energy while underscoring ongoing c…
U.S. equities closed lower on Wednesday, pressured by losses in the Industrials, Utilities and Technology sectors. The Dow edged down 0.02%, the S&P 500 gave up 0.21% and the Nasdaq Composite fell 0.66%. Several large-cap names rallied within the Dow and S&P 500, while a group of small- and micro-cap listings showed dramatic intraday percentage swi…
Nissan CEO Ivan Espinosa, who took the helm in April 2025, is prioritizing a U.S. rebound by shifting away from aggressive discounting and rental-car volume that he says eroded resale values and brand image. The company reported a modest uptick in second-quarter U.S. vehicle sales and plans new models, including a Rogue hybrid and a return of rugge…
KNDS said Wednesday it has paused its planned initial public offering, citing volatility across the European defence sector and shareholder requests to wait for improved market conditions. The company had begun the IPO process in late June with intentions to list in Frankfurt and Paris, following agreements that put Germany and France in joint cont…
Brazil's benchmark Bovespa index closed 0.20% lower on Wednesday in São Paulo, dragged down by losses in the Electric Power, Public Utilities and Consumption sectors. While select stocks such as Hapvida Participacoes e Investimentos, Suzano Papel e Celulose and Companhia de Saneamento de Minas Gerais outperformed, heavy declines in Engie Brasil Ene…
Ares Acquisition Corporation III, a SPAC sponsored by a subsidiary of Ares Management Corporation, closed its initial public offering on the New York Stock Exchange, generating $395 million in gross proceeds. The offering comprised 39.5 million units priced at $10.00 each, including a partial exercise of the underwriters' over-allotment option. Uni…
Alibaba Group and its U.S.-based payment processor, AUS Merchant Services, agreed to pay $600 million and enter non-prosecution agreements with the U.S. Department of Justice after admitting they did not adequately prevent the sale and importation of illegal drugs, related chemicals and pill presses through Alibaba’s e-commerce channels. The Justic…
SoftBank Group has resumed negotiations with a banking consortium for a $10 billion loan secured by its stake in OpenAI. After prior efforts stalled because lenders were uneasy about how to value shares in a private company, SoftBank is now proposing to guarantee repayment, giving banks recourse to the company if the OpenAI shares used as collatera…
Apple Inc. is negotiating purchases of memory chips from two Chinese manufacturers listed on a U.S. Pentagon blacklist as the company seeks to secure components amid a global shortage of standard DRAM driven by a pivot to AI-oriented memory production. Discussions with ChangXin Memory Technologies (CXMT) and Yangtze Memory Technologies (YMTC) are o…
Guggenheim Securities upgraded Salesforce, Check Point Software Technologies and ServiceNow to Buy, arguing that market fears about AI-driven disruption have pushed software stock valuations too low. The firm left specific price targets for each name and said it expects subscription revenue growth to stabilize in 2026 and potentially reaccelerate i…
S&P Global Ratings downgraded Janus Henderson Group PLC to BB from BBB+ following the completion of a take-private deal led by Trian Fund Management and General Catalyst. The firm merged into Jupiter Co. Ltd., which assumed a larger secured debt load, prompting S&P to also cut the company’s senior unsecured notes to B+. S&P expects Jupiter to opera…
Moody's has revised its outlook on Advance Auto Parts to stable from negative while affirming the company's Ba3 corporate family and Ba3-PD probability of default ratings. The ratings agency also upgraded the firm's speculative grade liquidity rating to SGL-1 from SGL-2, citing strong cash balances, a return to positive free cash flow, and availabl…
Options trading in Tractor Supply Co. (TSCO) reached 15,101 contracts at 3:51 p.m. New York time on Wednesday, driven largely by call purchases. The most active single contract was the September 18, 2026 $35 call, while several other calls and a subset of puts also saw meaningful flows. Tractor Supply shares moved higher the same day and measures o…
DA Davidson analyst Chris Dankert's initiation of coverage on 16 diversified industrial firms has driven notable investor engagement. Survey checks indicate a pickup in industrial volumes and several names - Timken, Genuine Parts, Regal Rexnord and Kennametal - have emerged as focal points in marketing meetings and in three in-person investor days …
Netflix shares rose sharply after prominent reporting dialed back speculation that the company was preparing a bid for NBCUniversal following Comcast's announced spinoff. The move relieved investor concern about another large acquisition so soon after Netflix's involvement in the contested Warner Bros. Discovery talks, while analysts and Comcast le…
Guggenheim Securities has named ABIVAX its preferred pick in the pharmaceutical sector, maintaining a Buy rating and a $175 price target. The firm points to improved sentiment after a long-term maintenance study update for obefazimod showed rates of non-melanoma skin cancers and other malignancies within expected background ranges and not clearly l…
The Federal Trade Commission said companies that train AI chatbots to produce answers aligned with particular ideological aims may be in violation of federal law. The comment appears in a proposed policy that explains how the agency intends to exercise its enforcement authority over artificial intelligence and invites public feedback through July 3…
The expanded 48-team World Cup has created an unprecedented broadcasting challenge. With 104 matches over 39 days held in three countries, more than 100 networks are delivering coverage to 223 territories. FIFA expects over six billion media engagements, one billion more than in 2022. Broadcasters have scaled up personnel, production capacity and l…
The U.S. Federal Trade Commission proposed guidance stating that AI firms whose chatbots produce outputs aligned with "ideological objectives" may be in breach of federal law. The agency warned that instructing models to avoid responses that single out or discriminate against particular groups could run contrary to the Federal Trade Act's Section 5…
