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.
29,843 total articles
Jimmy Ba said he is leaving xAI, becoming the sixth member to exit the company's 12-person founding team. His departure followed Tony Wu's exit by one day and comes shortly after Elon Musk indicated SpaceX will acquire xAI ahead of an intended initial public offering this year. The startup has encountered legal and operational challenges, including…
MSCI said it added AST SpaceMobile Inc to its MSCI ACWI index on Tuesday, making the satellite communications firm the largest of 63 new additions by market capitalization. The move follows volatile share trading for AST, which fell sharply during the session before a small aftermarket gain. The listing comes amid heightened investor attention afte…
CSL Ltd reported a weaker first-half performance, with underlying net profit falling and reported earnings hit hard by restructuring costs and asset write-downs. The company also announced an interim CEO and expanded its buyback program even as it kept full-year guidance intact. The Sydney-listed biotech saw its stock drop sharply, reaching levels…
The U.S. Food and Drug Administration has declined to accept Moderna’s marketing application for its seasonal influenza vaccine candidate mRNA-1010, citing the company’s choice of comparator in late-stage studies. The FDA's refusal-to-file letter pointed specifically to the comparator arm and described the absence of an "adequate and well-controlle…
Columbus Circle Capital Corp II completed an initial public offering of 20 million units at $10.00 apiece, raising $200 million. Each unit comprises one Class A ordinary share and one-third of a redeemable warrant, with each whole warrant exercisable to buy one Class A share at $11.50. Units are slated to begin trading on the Nasdaq Global Market o…
Gerresheimer has postponed publication of its 2025 results while it addresses a regulatory review into its revenue recognition and accounting practices. The company has begun the divestment process for its U.S.-based packaging systems business, Centor, and engaged an additional auditing firm to examine 2024 and 2025 accounting. It revised its 2025 …
Curbline Properties revealed an underwritten public offering for 8 million common shares conducted via forward sale agreements with Morgan Stanley and BofA Securities, prompting a 2.3% decline in after-hours trading. The underwriters have a 30-day option on an additional 1.2 million shares. The company expects physical settlement of the forward tra…
Greenwave Technology Solutions Inc. saw its stock decline in after-hours trading following the announcement that Chelsea Pullano will take over as chief financial officer effective Feb. 5, 2026. The appointment is linked to a services agreement with MACK Financial Solutions, which will provide financial and SEC reporting support under a contract da…
Marwynn Holdings Inc. disclosed a non-binding letter of intent to acquire a 51% equity interest in DJ Mex Corp., a U.S.-based electronic waste specialist. The announcement prompted a 20.6% rise in Marwynn's stock in after-hours trading. The proposed deal would integrate DJ Mex into Marwynn's EcoLoopX reverse supply-chain platform, preserving DJ Mex…
Galecto Inc. (NASDAQ: GLTO) shares fell 4.3% in after-hours trading following the company’s filing for a proposed public offering that would include common stock and Series C non-voting convertible preferred stock. The filing details conversion mechanics for the preferred shares, a 30-day underwriter option to purchase additional common stock, and …
Rambus Inc. shares declined in after-hours trading after the company said Chief Financial Officer Desmond Lynch will resign effective February 27, 2026. Vice President and Chief Accounting Officer John Allen will step in as interim CFO while a formal search for a permanent replacement is underway. Management reaffirmed first-quarter fiscal 2026 gui…
Lyft warned that first-quarter adjusted core profit will fall short of expectations, citing the impact of Winter Storm Fern and seasonal cost pressures. The company also posted a surprise operating loss for 2025, weighed on sentiment despite record fourth-quarter profitability and strong free cash flow for the year. The weaker outlook complicates a…
The U.S. Food and Drug Administration has approved Merck’s pembrolizumab (Keytruda) and pembrolizumab with berahyaluronidase alfa-pmph (Keytruda Qlex) for adult patients with platinum-resistant epithelial ovarian, fallopian tube, or primary peritoneal carcinoma whose tumors express PD-L1 (CPS≥1) and who have received one or two prior systemic treat…
America Movil said fourth-quarter net profit surged to 19.13 billion pesos on revenues of 244.9 billion pesos, driven in part by a substantial reduction in financing costs compared with the prior year. EBITDA came in at 94.93 billion pesos, slightly above analyst expectations. The company reported significant mobile subscriber additions led by Braz…
AGL Energy narrowed its full-year underlying net profit after tax guidance, citing improved consumer margins and lower operating costs, while reporting a 6.4% decline in first-half underlying profit to A$353 million. The revised forecast midpoint sits above analyst consensus, and the company is targeting A$50 million of sustainable net operating co…
SPACSphere Acquisition Corp. closed an initial public offering that generated $172.5 million by selling 17.25 million units at $10 each, including 2.25 million units sold through the underwriter’s exercised over-allotment. Units began trading on the Nasdaq Global Market on February 6 under the SSACU ticker, with the offering declared effective by t…
Mexico's main stock index, the S&P/BMV IPC, finished Tuesday's trading session lower, pressured by losses in the Industrials, Consumer Goods & Services and Consumer Staples sectors. While a handful of names posted gains, declines among major miners, metals and retail firms weighed on the market. Commodity and currency moves were mixed, with gold an…
Colombian shares ended Tuesday's session higher, with the COLCAP index up 0.92%. Strength in the Industrials, Services and Agriculture sectors helped lift equities, while select large-cap names posted modest gains. Commodity markets saw declines in coffee and cocoa, and local FX pairs moved slightly against the dollar.
Gilead Sciences reported fourth-quarter adjusted earnings per share of $1.86 on revenue of $7.9 billion, modestly above analyst estimates. Sales of the twice-yearly HIV prevention injection Yeztugo and the HIV treatment Biktarvy both beat Wall Street forecasts for the quarter. For 2026, management set guidance that sits at the lower bound of analys…
Ford reported a sharp decline in quarterly core profit as costs related to a major fire at an aluminum supplier and U.S. tariffs pressured results. The company posted a fourth-quarter net loss tied to sizable EV program writedowns, missed adjusted EPS estimates, and signaled a multi-year turnaround that includes aggressive cost cutting, new EV plat…
Chinese regulators have intensified enforcement and introduced measures to temper rapid market gains, seeking to balance healthy appreciation with reduced speculative excess. Actions include a crackdown on irregular trading, higher margins in commodities futures, limits on high-frequency trading data access, and curbs on retail-focused market influ…
Jumia Technologies reported strong fourth-quarter 2025 results that management says mark a transition from restructuring to scalable growth. The company posted a 36% year-over-year rise in Gross Merchandise Value, notable market-level gains in Nigeria and Ghana, and nearly halved Adjusted EBITDA losses. Management shifted guidance metrics from loss…
Commonwealth Bank of Australia recorded a record cash net profit after tax for the six months to December 31, driven by above-system growth in home and business lending and a rise in household deposits. The bank increased its interim dividend but reported a slight fall in net interest margin amid heightened competition and reduced treasury income. …
Brazil's stock benchmark finished marginally higher on Tuesday, reaching a new all-time high as gains in Real Estate, Consumption and Industrials offset sharp declines in several energy and commodity-linked names. Market breadth was nearly balanced, while measures of options volatility and several commodity prices moved during the session.
Boeing announced plans to open a fourth 737 MAX production line, dubbed the North Line, at its Everett, Washington complex in mid-summer. The move is part of a staged production increase from 38 to 42 jets per month, with management signaling an expected further rise of about 15% over the next 18 months toward a 47-per-month target. The company mad…
