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.
20,554 total articles
Asian equities declined Thursday as technology and semiconductor names ceded recent gains and uncertainty around U.S.-Iran talks kept markets defensive. Follow-through selling from overnight weakness on Wall Street - including a drop in Broadcom after mixed results - added pressure across the region, with Japan and South Korea among the hardest hit…
Treasury Wine Estates will shrink its brand roster and concentrate investment on a small group of premium labels led by Penfolds, while restructuring its Americas operations to cut costs and improve margins. The plan includes reducing the number of brands to fewer than 30 over five years from 76 today, annual cost savings of about A$100 million, an…
Sunshine Silver Mining & Refining Company has set the terms of its initial public offering, pricing 20 million shares at $13.50 apiece and granting underwriters a 30-day option for 3 million additional shares. The company's common stock is slated to begin trading on the New York Stock Exchange on June 4, 2026 under the ticker SSMR, with the offerin…
Innio, a Munich-based manufacturer of gas engines, raised $2.43 billion in its U.S. initial public offering by selling 90 million shares at $27 apiece. Backed principally by AI Alpine - co-owned by Advent International-managed funds and the Abu Dhabi Investment Authority - the company priced at the top of its indicated range as investors target fir…
INNIO Group set the price of its initial public offering at $27 per share for 90 million common shares, up from an originally proposed 75 million share deal. The transaction is comprised entirely of secondary shares sold by the sole selling shareholder; INNIO will not offer shares nor receive proceeds. Shares are slated to begin trading on the Nasd…
Taiwan Semiconductor Manufacturing Co. (TSMC) told shareholders it expects growth over the next several years as surging demand for computing power from AI deployments supports strong orders for advanced chips. CEO C.C. Wei said customers remain upbeat about the AI sector during the company’s annual meeting in Hsinchu, while Taiwan hosts the Comput…
U.S. equity futures declined Wednesday evening as technology and semiconductor names retreated after Broadcom reported slightly weaker-than-expected revenue and left AI chip sales guidance unchanged. Markets were also unsettled by renewed U.S.-Iran military exchanges and limited progress toward a ceasefire, prompting profit-taking after a strong ru…
Meta has accused Australia of violating its bilateral Free Trade Agreement with the United States by proposing a 2.25% tax on platforms' total Australian revenue, including income unrelated to social media. The company said the measure is broader than prior digital services taxes that prompted U.S. trade responses, and warned other governments to s…
Asian equity benchmarks opened lower as fresh exchanges of fire between the U.S. and Iran pushed investors into risk-off positions. Major regional indices and futures fell, Broadcom shares plunged after disappointing revenue guidance, and commodity and currency markets reflected heightened geopolitical uncertainty. Conflicting signs of de-escalatio…
Quantinuum, a quantum computing company supported by Honeywell, completed an upsized U.S. initial public offering that generated approximately $1.68 billion in gross proceeds. The company sold 28 million shares at $60 apiece and is expected to begin trading on the Nasdaq Global Market under the ticker QNT, with the offering set to close on June 5.
Quantinuum Inc. has priced an initial public offering of 28 million shares of Class A common stock at $60.00 per share and granted underwriters a 30-day option to buy up to 4.2 million additional shares at the IPO price. The company intends to list on the Nasdaq Global Market under the ticker QNT beginning June 4, 2026, with the expected closing of…
The U.S. House of Representatives approved a resolution aimed at preventing President Donald Trump from continuing military operations against Iran, with a 215-208 vote that included four Republican supporters. While the measure marks the first House success of its kind since the conflict began three months ago, it still faces substantial procedura…
The U.S. Federal Communications Commission unveiled plans to strengthen regulation of submarine communications cables that carry the vast majority of international internet traffic. Proposed changes include a first-ever licensing requirement for operators of submarine line terminal equipment, stricter limits on foreign equipment, and a fast-track a…
EU steel exports to the United States have declined by 34% since Washington raised steel and aluminium duties to 50%, Eurofer said, with higher levies on derivative products such as washing machines and motorbikes also weighing on European demand. The industry body urged both sides to implement last July's trade agreement in full and to work on quo…
The U.S. Army has contracted Redwire Defense LLC for $15,857,020 to supply eight Stalker Block 35 systems. The firm-fixed-price award covers systems intended to deliver reconnaissance, surveillance and target acquisition capabilities; work locations and fiscal year funding will be determined per order, with an estimated completion date of Aug. 30, …
AeroVironment Inc. has been awarded a $117.3 million contract by the U.S. Department of War to procure and deliver 82 P550 unmanned aircraft systems to the U.S. Army, the Pentagon said Wednesday. The firm-fixed-price deal covers systems intended to support reconnaissance, surveillance and target acquisition for battalion-level commanders, with work…
Sleep Number Corp. shares plunged in after-hours trading after reports the mattress retailer is lining up financing that could be used in a bankruptcy filing. The company faces falling revenue, heavy borrowings and strained store traffic, with filings showing roughly $606 million of outstanding borrowings at the start of April.
JPMorgan Chase CEO Jamie Dimon will lead a live, interactive discussion this week with thousands of the bank's high-net-worth clients about SpaceX's planned initial public offering. The event, joined by senior JPMorgan wealth executives and SpaceX leadership, will be simulcast across roughly 90 bank locations and comes after SpaceX set an IPO price…
Aeva Technologies Inc. announced a proposed $100 million follow-on offering of common stock, triggering an 11.1% decline in the company’s shares in after-hours trading. The company said underwriters may exercise a 30-day option to purchase up to an additional $15 million of shares. Proceeds are intended for general corporate purposes, including add…
Stoneridge Inc. announced the appointment of Scott Humphrey as chief financial officer and treasurer, prompting a 2.7% gain in after-hours trading. Humphrey will lead the company's global finance organization; the firm thanked Bob Hartman for serving as Interim CFO since April 1, 2026, and said Hartman will remain as Chief Accounting Officer.
Alnylam Pharmaceuticals said it has entered a strategic collaboration with Inceptive Nucleics to combine Alnylam’s RNA interference platform with Inceptive’s AI foundation models to accelerate design and selection of oligonucleotide therapeutics. The agreement includes an upfront consideration of $30 million and potential milestone payments that co…
CXApp Inc. said it has acquired EngineRoom, an AI-driven growth intelligence platform, in a transaction the company says will raise its annualized revenue run-rate from about $4 million to more than $12 million and contribute roughly $1.6 million of adjusted EBITDA. Shares of CXApp jumped 33% in after-hours trading following the announcement.
Shares of Loop Industries (NASDAQ:LOOP) climbed 10.3% in after-hours trading after the company’s Canadian unit was awarded up to C$2.92 million in funding and advisory services from the National Research Council of Canada Industrial Research Assistance Program (NRC IRAP). The multi-year support is aimed at advancing the Infinite Loop technology pla…
Five Below reported a 32.5% year-over-year increase in net sales to $1.29 billion and delivered adjusted diluted EPS of $2.22 for Q1 fiscal 2026, outperforming consensus on a non-GAAP basis by 24.3%. Despite the upside, shares slid more than 10% in after-hours trading as the company’s updated guidance included a conditional assumption about tariffs…
TransAlta announced a US$1 billion purchase of two natural gas-fired peaking plants in Colorado from Blackstone subsidiaries, alongside a bought-deal equity offering to raise US$250 million and the assumption of US$750 million of debt. The deal, which the company projects will add roughly US$80 million in adjusted EBITDA and US$33 million in annual…
