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.
3,893 total articles
South Korea's major automakers erased a portion of steep early declines after U.S. President Donald Trump said he would raise tariffs on South Korean imports, including autos, from 15% to 25%. While Hyundai Motor moved into positive territory, other auto-related names and the Korean won showed volatility as markets parsed the announcement and analy…
Local officials in Mount Pleasant, Wisconsin unanimously approved proposals from Microsoft to construct 15 additional data centers adjacent to an existing facility. The approved sites sit on acreage previously reserved for a Foxconn plant that did not proceed as planned. The company’s build-out is expected to substantially increase local taxable va…
Three people familiar with the matter said Micron Technology plans to announce a new investment to expand memory chip manufacturing capacity in Singapore, with the company expected to make the announcement as soon as Tuesday. One source said the investment would target NAND flash memory. The decision comes amid an acute shortage of memory chips aff…
Zijin Mining's announcement that its Hong Kong-listed unit will buy Allied Gold for C$44 per share has propelled its stock to record levels. The proposed C$5.5 billion transaction would transfer control of producing mines in Mali and Côte d'Ivoire to Zijin, and bring the Kurmuk project in Ethiopia into its pipeline, with first output expected in th…
Hyundai Motor Co. (KS:005380) saw its stock fall sharply after U.S. President Donald Trump said he would raise tariffs on certain South Korean imports, a move that also weighed on Kia Corp (KS:000270). The announcement pushed Hyundai down as much as 5% in early trading and extended losses into a fourth session, even as the wider KOSPI advanced on s…
Lenders to bankrupt auto-parts supplier First Brands Group are resisting a proposed second debtor-in-possession loan after losses on an earlier financing, and are pressing for the sale or liquidation of segments of the company instead of extending further credit, sources familiar with the matter said.
U.S. stock index futures were little changed Monday evening as investors digested a federal proposal on Medicare Advantage payments that sent major health insurers lower in after-hours trading. Market participants are awaiting the Federal Reserve's policy decision at the end of a two-day meeting and earnings from several large technology firms that…
Anta Sports Products has reached an agreement to acquire a 29.06% stake in Puma from the Pinault family's Artémis holding company for 1.51 billion euros. The Hong Kong-listed firm will pay 35 euros per share for 43 million shares, making Anta Puma's largest shareholder. The deal is contingent on antitrust sign-offs, approval by Anta shareholders an…
Anta Sports said on Tuesday it will acquire roughly 29% of Puma from the Pinault family’s investment arm, Artemis, paying about €1.5 billion in cash for 43 million shares at €35 each. The purchase, announced in a Hong Kong Stock Exchange filing, comes as Puma confronts weakening sales and follows earlier January reports that a deal was close.
Australia’s AUB Group will acquire a 95.9% stake in U.K. insurance broker and underwriting platform Prestige for A$432 million ($298.7 million). The deal, which values Prestige at 12.9 times calendar 2025 EBITDA before synergies, will be funded through a fully underwritten A$400 million placement, a share purchase plan of up to A$40 million, and a …
A former Citigroup managing director has filed a federal lawsuit in Manhattan accusing Andy Sieg, the head of the bank's wealth management unit, of extensive sexual harassment and alleging that the bank's human resources department mounted a campaign to push her out. The plaintiff, Julia Carreon, says she was promoted early in Sieg's tenure but the…
The Trump administration announced a reorganization of the Federal Aviation Administration that establishes a consolidated aviation safety office and implements an FAA-wide safety risk management framework. The move follows mounting criticism from the National Transportation Safety Board over a deadly January 2025 collision near Reagan Washington N…
Computable Insights, a contracting arm of Salesforce Inc, won a firm-fixed-price, nine-year contract valued at $5.64 billion to provide Salesforce products and outcome-based services to the Department of War (DOW). The contract carries an estimated completion date of June 26, 2035. The DOW did not disclose further specifics about the scope of servi…
Brown & Brown reported a rise in fourth-quarter adjusted earnings driven by a sizable increase in commissions and fees, while investment and other income ticked up. The broker’s revenue growth reflects stronger demand for insurance coverage as climate and cyber risks prompt consumers and businesses to expand protection.
Nucor reported fourth-quarter results that fell short of analyst expectations, with profit per share and revenue missing Street estimates as cost pressures compressed margins in its steel-producing businesses. The company said longer-term contracts and the timing of tariff-driven price increases limited near-term benefits from higher spot prices, w…
Mizuho Financial Group has brought on Richard Robinson as vice chairman and managing director within its Industrials Group, according to an internal memo. Robinson transfers from Deutsche Bank, where he served as global vice chairman advising clients across industrials, materials and energy. He will be based in New York and report to David Hunt and…
Amazon Web Services has been granted a $581,318,585 firm-fixed-price contract to support the U.S. Air Force's Cloud One Program. The Seattle-based company will deliver Amazon Cloud Service to the Air Force and its customers, with work carried out at designated facilities across the contiguous United States. The award was made via a sole source acqu…
W. R. Berkley reported higher fourth-quarter operating income driven by consistent underwriting results and gains in its investment portfolio. Net written premiums increased modestly while net investment income climbed year-over-year, producing an improved combined ratio and supporting a rise in the company’s share price in after-hours trading.
GigCapital9 Corp. priced 22 million units at $10 apiece, raising $220 million in a special purpose acquisition company offering. Units are expected to begin trading on the Nasdaq Global Market under the ticker GIXXU on January 27, 2026, with separate trading of Class A shares and rights anticipated under GIX and GIXXR once split. D. Boral Capital L…
U.S. stocks finished higher on Monday, driven by advances in Technology, Utilities and Financials. The Dow rose 0.64%, the S&P 500 gained 0.50% and the Nasdaq Composite added 0.43%. A cohort of large-cap tech names led gains on the Dow, while a mix of heavyweights and small-cap issues produced notable intraday volatility.
Mexican equities finished higher on Monday, with the S&P/BMV IPC rising 0.72% to reach a new closing high. Gains were concentrated in Industrials, Consumer Goods & Services and Consumer Staples. Promotora y Operadora de Infraestructura led advancers, while Genomma Lab, Cemex and Becle were among the session's biggest decliners. Market internals wer…
Canadian equities finished lower on Monday with the S&P/TSX Composite down 0.16%, pressured by losses in the Healthcare, REITs and Consumer Staples sectors. Mining names led gains, sending several stocks to fresh highs, while broader market volatility ticked up and commodity prices diverged between gold and crude oil.
Ellington Financial Inc. (NYSE: EFC) saw its stock decline 2.1% in after-hours trading on Monday after revealing a public offering of 8,775,000 common shares. The company said net proceeds will be used to redeem all outstanding Series A Fixed-to-Floating Rate Cumulative Redeemable Preferred Stock, with any excess applied to general corporate purpos…
ProPetro Holding Corp (NYSE:PUMP) said it will sell 12.5 million shares of common stock in an underwritten public offering, with Goldman Sachs & Co. LLC as lead book-running manager. The company intends to use net proceeds for general corporate purposes, including funding growth capital to add power generation equipment. The announcement coincided …
The Trump administration has drafted a proposal that would increase Medicare payments to private insurers by an average of 0.09% next year while recommending the elimination of a lucrative industry billing practice. The Centers for Medicare and Medicaid Services (CMS) plans to announce the measure on Monday, and officials say the changes are intend…
