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.
20,608 total articles
Waymo, Alphabet Inc.'s self-driving unit, will start offering public rides in its newly developed Ojai robotaxi in San Francisco, Phoenix and Los Angeles in the coming weeks. Built specifically for autonomous ride-hailing, the Ojai houses the sixth-generation Waymo Driver, features passenger-focused interiors and accessibility aids, and will be pro…
Observable Space announced a $90 million Series A financing round led by Lux Capital alongside a $94 million Indefinite Delivery, Indefinite Quantity award from the U.S. Space Force. The IDIQ includes $22 million in initial task orders to scale distributed optical infrastructure for national security. The company, which operates from facilities in …
Actis has completed a $2.5 billion first close for its flagship energy vehicle, roughly 40% of the $6 billion fundraising objective for Actis Energy 6. The fund will back renewable generation, power grids, energy storage and transition solutions across Asia, Latin America, central and eastern Europe, the Middle East and Africa. The firm, owned by G…
Meta Platforms has provided extra funding to the company’s independent Oversight Board to sustain its operations through 2028. The board said the fresh resources will be placed in its trust, but did not disclose the amount. Meta continues to refer difficult content-moderation cases to the board and respond to its recommendations amid wider pressure…
Goldman Sachs president John Waldron told a New York financial conference that the bank's merger and acquisition pipeline is on pace to approach, or possibly exceed, the 2021 record. Goldman, long the market's leading M&A adviser, has seen activity rebound after an early slump tied to the start of the Iran war and has advised on several large trans…
Xpeng projected second-quarter revenue below analysts' consensus, reflecting an extended cooling in Chinas auto market and heightened rivalry among electric vehicle makers. The company reported mixed first-quarter results including revenue modestly above estimates, sharply lower vehicle deliveries year-over-year, and a widened quarterly net loss. …
Groq is soliciting up to $650 million from current investors after signing a $17 billion licensing agreement with Nvidia in December. The company has shifted emphasis from hardware to AI inferencing. Existing investors have already received distributions tied to the Nvidia arrangement, with a final cash distribution expected soon, and are being off…
Estée Lauder abandoned talks to merge with Spanish perfume house Puig, a move analysts described as cautious and enabling the cosmetics group to pursue smaller, more targeted acquisitions while concentrating on its ongoing turnaround. Investors feared a large deal would distract management and increase leverage - net debt was roughly five times EBI…
Barclays initiated coverage of Alpha Tau Medical, Cellectis, Immunome and Sutro Biopharma, assigning Overweight ratings and emphasizing platform-driven upside potential. Analyst Lukas Shumway noted that differentiated platforms with solid scientific rationale, prior clinical data and de-risked mechanisms can skew biotech risk-reward profiles favora…
Israel's main equity index closed lower on Thursday, with the TA 35 down 1.02%. Losses were concentrated in Financials, Insurance and Banking names. Market breadth favored declines, while select technology and defense names outperformed. Oil and gold futures also advanced during the session, and the shekel showed mixed movement against major curren…
Norwegian stocks finished higher on Thursday, with the Oslo OBX rising 0.33% as gains in Healthcare Equipment & Services, Pharma Biotech & Life Sciences and Utilities pushed the index up. Several large-cap names drove the session's upside, while shipping and energy-related names showed mixed performance. Commodities and currency moves accompanied t…
Peabody Energy announced an offering of $225 million in convertible senior notes due 2031, with an option for an extra $25 million. The news coincided with an 8.8% rise in the company's share price. Proceeds are earmarked for capped call transactions and a partial repurchase of existing convertible notes due 2028, with any remainder for general cor…
Greek equities ended Thursday lower, with the Athens General Composite falling 0.91% at the close. Losses were concentrated in the Banking, Telecoms and Household sectors. Kri-Kri Milk and Public Power were among the session's gainers, while Eurobank Ergasias, Alter Ego Media and Allwyn AG were the largest decliners. Market breadth favored decliner…
The U.S. National Highway Traffic Safety Administration has launched an investigation into a possible defect in the rear toe link on Rivian R1 trucks and SUVs, examining roughly 115,000 vehicles following two owner complaints that cited suspension-rod separation and loss of vehicle control. Rivian is cooperating with the probe and maintains its int…
Robinhood Markets Inc. shares rose 1.7% on Thursday after the U.S. Department of the Treasury began rolling out the Trump Accounts app, a government-administered program that establishes tax-advantaged retirement accounts for eligible children. Robinhood Securities, LLC will serve as the initial trustee, holding assets for beneficiaries in a fiduci…
Summary: Wells Fargo has downgraded Boston Scientific from Overweight to Equal Weight and lowered its price target to $55 from $75 after the medical device company trimmed guidance for its Watchman left atrial appendage closure device and signaled further uncertainty across its electrophysiology (EP) franchise. The bank adjusted its earnings foreca…
SanDisk Corporation shares jumped sharply after a Barclays upgrade and a higher price target, supported by a second upgrade from Mizuho and the company's robust fiscal Q3 results that featured substantial datacenter revenue growth and large multi-year AI supply agreements. The move occurred against a modestly firmer broader market, underscoring inv…
Thursday's trading session produced significant volatility across market-cap tiers, with standout gains in Arm and Snowflake and notable declines at Pure Storage and several mid-cap names. Movers ranged from mega-cap technology and industrial stocks to AI-related software names and small-cap explorers, reflecting company-specific news such as acqui…
Hamburger Containerboard, the fifth-largest containerboard producer in Europe, will raise prices by €60 per metric ton on all grades of recycled containerboard in European markets starting in June, Truist Securities said. The move follows a similar increase by Saica and aligns with broader price gains recognized by market data provider RISI. Truist…
Royal Caribbean Cruises (RCL) rallied in morning trading after Mexican authorities denied environmental permits for the cruise operator's proposed water-park resort on the country's southern Caribbean coast. The market response suggests investors view the development as manageable rather than catastrophic, with ongoing talks about alternative locat…
AIRO Group Holdings Inc. climbed sharply in morning trading after reports surfaced that the U.S. administration is considering direct financial support for domestic drone manufacturers, potentially including government equity stakes. The move, paired with AIRO's confirmation of a 390,000 square foot industrial parcel in Rebild Municipality, Denmark…
Shares of Super Micro Computer (NASDAQ:SMCI) rose 3.4% on Thursday after the company disclosed cooperation with Taiwanese law enforcement in an operation that led to three arrests and the seizure of 50 servers. Supermicro said the systems had been fraudulently diverted after an initial sale to an authorized reseller that had passed enhanced vetting…
Eli Lilly stock climbed more than 5% in morning trading after CVS Caremark said it will return Zepbound to its standard commercial formularies effective October 1, 2026, and remove a new-to-market restriction on the oral GLP-1 pill Foundayo starting June 1. The move results in coverage of Lilly’s full obesity drug lineup across the three largest U.…
SciSparc Ltd. stock rallied roughly 200% after NeuroThera Labs, its TSXV-listed subsidiary, received conditional approval from the TSX Venture Exchange to acquire about 54% of CliniQuantum Ltd. The deal, first announced in March 2026, involves a share-for-share exchange and includes amendments setting an earn-out floor price and an extended closing…
Sunshine Biopharma Inc. (NASDAQ:SBFM) announced a one-for-ten reverse stock split set to take effect at the opening of trading on June 1, 2026. The company said the consolidation is intended to restore compliance with Nasdaq's minimum bid price rule for continued listing. Shares fell 21% on Thursday following the announcement.
