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.
3,894 total articles
CoStar Group shares jumped after billionaire investor Daniel Loeb’s hedge fund, Third Point, signaled plans for an activist campaign at the real estate data company. The fund intends to nominate multiple directors to CoStar's eight-person board and push management to concentrate on commercial real estate while divesting or shutting down recently ex…
Ubiquiti Inc. shares fell 8% after an independent investigation by Hunterbrook alleged that the company’s radio bridge antennae are being employed by Russian military forces in Ukraine. The report claims Ubiquiti equipment fills a critical communications role for Russian operations, including drone use, and points to increased shipments to Russia d…
Mattel revealed a new collection of toys inspired by the global streaming phenomenon 'KPop Demon Hunters', with product rollouts beginning this summer and additional items arriving later in the year. The move is part of Mattel's broader strategy to leverage entertainment properties and expand merchandise offerings even after failing to capitalize f…
Intellia Therapeutics saw its stock rise sharply after the FDA lifted a clinical hold on the company’s MAGNITUDE-2 Phase 3 study of nexiguran ziclumeran (nex-z) for hereditary transthyretin amyloidosis with polyneuropathy (ATTRv-PN). The removal of the hold allows patient enrollment to restart and prompts a modest increase in the trial's target siz…
Vyome Holdings (NASDAQ:HIND) saw its stock climb 70% following an independent valuation that pegs the company’s lead investigational therapy, VT-1953, at roughly $1 billion contingent on successful Phase 3 results. The analysis, commissioned by Vyome and produced by Destum Partners, models a U.S. total addressable market near $2.2 billion and forec…
Corning's stock climbed 6% after a CNBC report that Meta Platforms will invest up to $6 billion in the company's fiber-optic cable technology through 2030. The investment is intended to support Meta's expanding AI data center footprint. Corning CEO Wendell Weeks disclosed the arrangement during an interview at the firm's Hickory, North Carolina man…
HCA Healthcare projected 2026 adjusted profit above analysts' consensus after reporting quarterly results that topped per-share expectations amid solid demand for medical services. The operator highlighted higher utilization of government insurance, a mixed surgical volume performance, and authorized a sizable share buyback.
JetBlue Airways reported a steeper adjusted loss for the fourth quarter as weak demand for economy seats weighed on results. The airline missed profit expectations and flagged near-term unit revenue pressure and future fleet disruptions tied to Pratt & Whitney engine problems, while peer Alaska Airlines also warned of lower-than-expected full-year …
Apple has taken down 28 mobile applications that use artificial intelligence to create nude images from user photos following a report by the Tech Transparency Project (TTP). TTP's January review identified dozens of apps on both Apple’s App Store and Google Play that can sexualize images of fully clothed women; Google has also suspended multiple a…
Saudi Arabia's equity market closed higher on Tuesday, with the Tadawul All Share index rising 0.99% to reach a new one-month high. Strength in Building & Construction, Real Estate Development and Industrial Investment stocks supported the advance, while mining, paper manufacturing and cement names posted the day’s largest declines. Commodity and c…
Helix Acquisition Corp. III completed its initial public offering at $10 per share, selling 17.25 million Class A ordinary shares and raising $172.5 million. The offering included the full exercise of the underwriters' over-allotment option and was accompanied by a private placement to the company's sponsor. The company, formed as a special purpose…
Helix Acquisition Corp. III completed its initial public offering on January 26, selling 17.25 million Class A ordinary shares at $10 per share to raise $172.5 million in gross proceeds, the company said. The offering included 2.25 million shares issued through the full exercise of the underwriters' over-allotment option. Concurrently, the sponsor …
NextEra Energy reported fourth-quarter adjusted earnings above Wall Street expectations, driven by elevated power demand, robust performance in its renewables business and rate increases at its regulated electric utility. Florida Power & Light contributed stronger net income year-over-year, while federal energy projections point to rising U.S. elec…
Boeing reported a fourth-quarter net profit of $8.22 billion, driven primarily by the sale of its navigation software services business and the reacquisition of Spirit AeroSystems. The quarter also included a $565 million charge to the KC-46 tanker program. Despite generating $375 million in cash in the quarter, Boeing ended the year with a $1.9 bi…
U.S. stock futures opened mixed as markets awaited the next Federal Reserve policy meeting and corporate earnings continued to drive premarket swings. Airline, auto, consumer goods, defense, healthcare and logistics stocks featured among the largest movers, with some companies reporting stronger-than-expected results and outlooks while others poste…
Pinterest announced a global restructuring in an SEC filing on Monday that will reduce headcount by under 15% and shrink office space. The company expects pre-tax restructuring costs of $35 million to $45 million, primarily cash spending, and plans to complete the program by the end of its third quarter ending September 30, 2026, subject to local l…
Goldman Sachs analyst Andrea Ferrario reports that the firm's Risk Appetite Indicator (RAI) rose to 1.09, its highest reading since 2021 and in the 98th percentile since 1991. The increase reflects broad-based risk-on positioning across global markets, driven mainly by the bank's PC1 "Global growth" factor and supported by a majority of the RAI's i…
UnitedHealth Group's stock plunged 12% in premarket trading following a CMS announcement that Medicare Advantage payment rates will rise by just 0.09% in 2027. The regulatory decision sparked steep declines across the managed-care sector, with Humana and CVS Health also seeing double-digit premarket drops. UnitedHealth's modest earnings beat was ov…
Kepler Cheuvreux has downgraded Siemens to "reduce" from "hold", citing a muted recovery in the company's Digital Industries division driven by weak confidence indicators across Europe and growing uncertainty in the industrial software market. The house view also flags a 30% slide in peer valuations, disappointing execution on the Siemens Healthine…
The UK government has assembled a team of artificial intelligence specialists, funded by Meta, to develop open-source AI tools aimed at improving road and transport maintenance, public safety, and national security decision-making. The experts - drawn from institutions including the Alan Turing Institute and universities - will spend the next year …
Redwire Corporation (NYSE:RDW) saw its stock climb 14% following its selection as a vendor on the Missile Defense Agency's SHIELD indefinite-delivery/indefinite-quantity (IDIQ) vehicle, which carries a total ceiling of $151 billion. The award makes Redwire eligible to compete for task orders supporting homeland defense, leveraging its portfolio of …
A Dutch appeals court has overturned a 2021 decision that classified all Uber drivers as employees, ruling instead that whether drivers are employees or self-employed must be assessed individually. In a case involving six drivers who took the appeal, the court concluded they are independent entrepreneurs, citing their vehicle investments, control o…
A court in Amsterdam has reversed a 2021 decision that treated all Uber drivers as employees, finding that six drivers who appealed can be regarded as self-employed. The judgment emphasizes individual assessment of the relationship between Uber and its drivers, while leaving open continued legal action by labor unions and drivers.
DigitalOcean's stock climbed 8% on Tuesday, extending a 9% gain from Monday, as investor focus turned to the company's suitability for hosting Clawdbot, an open-source AI agent framework. Developers have posted deployment guides for running Clawdbot on DigitalOcean servers, and analysts note rising traction for agentic AI assistants. Cloudflare als…
United Airlines announced its largest summer schedule at Chicago O'Hare, planning a record 750 daily departures as it expands nonstop service to 222 destinations in 2026. The move amplifies competition with American Airlines for gates, valuable time slots and higher-yield corporate traffic in the nation's third-largest air travel market.
