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.
29,673 total articles
Canadian equities closed higher on Thursday as the S&P/TSX Composite rose 0.49%, buoyed by strength in Healthcare, Materials and Energy stocks. Market breadth favored advancers, while commodity moves showed gold higher and crude oil lower; implied volatility eased modestly at the close in Toronto. Several individual names recorded large percentage …
Brazil's main stock index, the Bovespa, closed higher on Thursday, rising 1.88% in Sao Paulo. Advances in Real Estate, Public Utilities and Electric Power sectors supported the market, with Marfrig, Totvs and Cogna among the session's top gainers. Several steel and mining-related names posted notable declines. Volatility measures and commodity and …
Strategy Inc reported a second-quarter net loss of $24.45 per share as unrealized markdowns on its bitcoin holdings produced a large operating loss, even as revenue rose modestly year-over-year and the firm bolstered liquidity and reduced convertible debt. The company held roughly 846,000 bitcoins at quarter-end and took a series of financing and r…
Rivian Automotive reported stronger-than-expected second-quarter results, with revenue of $1.66 billion and a narrowed gross loss as R2 deliveries began. The company delivered 12,194 vehicles and produced 12,613 at its Normal, Illinois plant, posted an EPS loss smaller than anticipated, and reported improved adjusted EBITDA and liquidity after a Ju…
Roblox Corp. posted second-quarter results that beat on EPS but missed on several user and bookings metrics, prompting an 11.5% drop in the stock after management issued third-quarter bookings guidance well below analyst expectations. The company cited declining monetization per hour among younger users in the U.S. and Canada and algorithm changes …
Rivian reported quarterly revenue that exceeded analyst expectations and raised its annual delivery outlook after customer deliveries of the lower-priced R2 began. Growth in software and services, including a sizable contribution from a Volkswagen joint venture, and a strong conversion rate from reservations to orders for the R2 Launch Edition unde…
Amazon Web Services delivered stronger-than-expected revenue growth in the June quarter, helping to allay some investor unease about the company’s sizable artificial intelligence-related expenditures even as Amazon’s overall free cash flow swung deeply negative on a trailing 12-month basis. The company also reported robust advertising gains and sai…
Reddit said it expects third-quarter revenue of $860 million to $870 million, topping analyst projections, and reported robust advertiser growth driven by AI-enabled advertising products. The company posted 61% year-over-year revenue growth in the second quarter to $805 million, while global daily active unique visitors rose 18% to 130.3 million. M…
A U.S. federal judge has dismissed the bulk of a putative class action alleging that Coinbase illegally sold unregistered securities, preserving only claims tied to a tiny fraction of volume where the exchange sold tokens from its own inventory. The ruling spares Coinbase from liability for nearly all trading activity cited by customers while leavi…
A concentrated hedge fund’s rapid reduction in assets appears to have produced a capitulation that cleared a major overhang. Infrastructure and compute-related stocks posted strong gains after reports the fund’s public equity holdings were largely acquired by a large market participant, yet doubts about hyperscaler AI spending and the ability to mo…
Microsoft shares jumped more than 16% after the company said it expects robust cash generation in its new fiscal year and forecasted Azure cloud growth that exceeds Wall Street estimates. If sustained, the move would mark the largest single-day increase in market capitalization on record, surpassing a prior high set by Nvidia.
Coinbase Global Inc reports quarterly results after the market close with options pricing implying a 7.3% post-earnings move. Bitcoin and Ethereum have risen about 2% today, reflecting renewed intraday crypto momentum. The market is watching whether Coinbase's report and recent regulatory and product catalysts can halt a year-long decline in the st…
Meta reported Q2 2026 revenue of $60.8 billion, beating consensus by $610 million and marking continued top-line momentum. Earnings per share came in at $6.18, 13.8% below the $7.17 estimate, after the company absorbed large, intentional near-term costs tied to legal charges, severance from a May workforce reduction, and a massive AI infrastructure…
Microsoft delivered stronger-than-expected FY2026 Q4 results, reporting $4.74 in EPS (an 11.79% beat) on $90.01 billion of revenue (about $2.4 billion above estimates). Shares jumped 16.96% to $456.76 after the report. Azure accelerated to 43% growth in the quarter and crossed a $100 billion annual revenue run rate, while AI-related revenue hit a $…
S&P Global Ratings moved Nokia's outlook from stable to positive while keeping the company's long- and short-term credit ratings unchanged. The agency highlighted stronger network infrastructure growth - driven by optical and IP products and hyperscaler demand - and set clear financial targets that could trigger a one-notch upgrade within about two…
Moody's upgraded HealthEquity's corporate family rating to Ba2 from Ba3 and raised its probability of default rating to Ba2-PD from Ba3-PD, citing sustained operating performance and the successful integration of the BenefitWallet acquisition. The agency also improved the rating on the company's $600 million senior unsecured notes to Ba3 from B1, l…
ABC, part of The Walt Disney Company, says the Federal Communications Commission's decision to order early license reviews of eight ABC stations represents an unprecedented campaign of intimidation aimed at shaping news coverage. The filings say the reviews - initiated by FCC Chair Brendan Carr in April and tied to a year-long probe of Disney's div…
The UK Financial Conduct Authority will begin issuing a daily summary of trading in UK-listed shares starting Friday and will publish a year of historical trading data to help market participants assess volumes. The update is intended as an interim step prior to the introduction of a comprehensive consolidated tape for equities, and the FCA will se…
Outokumpu reported a modest recovery in its European adjusted core profit for the second quarter, but the gains tied to EU trade measures have been largely offset by higher prices for scrap metal and rising freight and fuel costs. The company also flagged the end of a state aid scheme and a recent increase in imports ahead of new safeguards.
Moody's upgraded Micron Technology's senior unsecured notes to Baa1 from Baa2 with a stable outlook, citing enhanced visibility from strategic customer agreements and structural changes in DRAM and NAND markets driven by artificial intelligence demand. Micron expects at least half of revenue to be covered by take-or-pay commitments. The company rep…
Moody's downgraded Bloomin' Brands' corporate family rating to B1 from Ba3 and adjusted multiple debt ratings downward, citing persistent margin erosion, weak interest coverage and limited credit profile improvement over the next 12-18 months. The agency expects interest coverage to remain below 2.0x and debt/EBITDA around 4.0x, while noting the co…
DeepSeek, a Hangzhou-based AI startup, plans to add one gigawatt of computing capacity in Ulanqab, Inner Mongolia, and to supplement its own build with leased capacity. The company aims to bring at least part of the project online by the end of next year or early 2028. The specific chips to be used have not been disclosed.
A consortium of banks led by Morgan Stanley is in late-stage talks to extend a $15 billion loan to Nexus Data Centers to finance construction of a new Anthropic data center campus and on-site power plant in Hubbard, Texas. Google has agreed to guarantee billions in lease and power payment obligations and will secure roughly 20% equity in the projec…
Nexus Data Centers is reported to be negotiating a $15 billion financing package for a new Texas campus connected to Anthropic, with Alphabet’s Google providing guarantees and hardware. The plan includes a 1.6-gigawatt natural-gas power plant on-site, a $14 billion bridge loan alongside a revolving credit facility, and vendor-backed tensor processi…
Venezuelan authorities and oil-company executives have moved forward on reworking dozens of joint ventures to comply with a hydrocarbon reform, yet completion of the formal agreements has slipped past a July 28 deadline due to complex permits, weighted royalty calculations and varying tax rules. Negotiations continue in Caracas as executives travel…
