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
On May 28, Singapore Airlines announced an expansion of its joint network with Air New Zealand to accommodate rising travel demand between New Zealand and Singapore and to serve key markets across Asia and Europe. The alliance will lift seat capacity by 17% from late October 2026, add new Christchurch and Auckland services operated by Air New Zeala…
Asian equity markets lost ground on Thursday after reports that the United States conducted another round of military strikes on Iran, eroding hopes for a near-term peace deal and pushing oil prices higher. Investors turned cautious ahead of the U.S. Personal Consumption Expenditures price index release, while U.S. futures were little changed follo…
The Australian government has initiated legal proceedings against 3M, seeking in excess of A$2 billion (about $1.43 billion) for environmental, economic and cultural damages attributed to PFAS contamination from firefighting foam manufactured by the U.S. company. Authorities say the foam was represented as safe to dispose and non-toxic while intern…
Officials report the Trump administration has engaged in months-long discussions about providing financing to several U.S. drone companies. The talks, which involve Pentagon offices and a federal lending unit, align with a defense budget request that labels drone dominance a presidential priority for fiscal 2027.
The Australian government has initiated Federal Court proceedings against 3M Company and its Australian subsidiary, pursuing more than A$2 billion in damages linked to PFAS contamination from firefighting foam at 28 defence sites. Attorney-General Michelle Rowland described the claim as the largest ever brought by the Commonwealth and said taxpayer…
The U.S. Commodity Futures Trading Commission has asked a judge to vacate a $5 million penalty and related injunction levied against Gemini Trust Company after the agency and the exchange agreed the settlement should be rescinded. Joint court filings contend the CFTC pursued the case under the prior administration based on a whistleblower account t…
U.S. equity futures were largely unchanged in evening trade after Wall Street closed at record highs. Investors remain cautious as reports of talks between Washington and Tehran over the Strait of Hormuz are offset by new U.S. strikes on an Iranian military site, while attention turns to the Personal Consumption Expenditures price index, the Federa…
U.S. prosecutors have charged a Google software engineer with exploiting confidential Google search data to place bets on Polymarket that yielded roughly $1.2 million in profits, according to a complaint unsealed on Wednesday. The complaint alleges the engineer used insider knowledge to back unlikely outcomes tied to Google’s most-searched list, in…
Wells Fargo expects its investment banking and markets businesses to produce mid-teen percentage revenue growth in the second quarter, Chief Executive Charlie Scharf told attendees at the Bernstein Conference. The bank reported double-digit gains in the first quarter across its advisory and markets operations and said it is positioned to expand dep…
A lawsuit filed by Iowa family-owned seed firm Latham Quality alleges Bayer used unlawful tactics to monopolize the U.S. market for genetically engineered corn seeds, particularly those carrying the NK603 trait that confers tolerance to Roundup. The complaint, now public, seeks class status and treble damages and comes amid broader scrutiny of cons…
Amazon announced that Dr. Roy Schoenberg, a co-founder of telehealth provider Amwell, will assume leadership of its healthcare business on July 1. Neil Lindsay, who has led the unit since November 2021, will give up the role and depart the company before the end of the year after a 16-year tenure at Amazon. The company said Schoenberg has also step…
Venezuela’s interim administration has named U.S. advisory firm Centerview Partners to direct its sovereign debt strategy and lead creditor negotiations. The hire, described by multiple insiders as lacking a formal competitive process, has prompted scrutiny about fairness and the involvement of an investor with U.S. government ties. Centerview’s te…
International Business Machines Corp. received a $46,240,505 modification from the U.S. Department of War to continue providing advisory and assistance support aimed at resource allocation and Civil Engineering programs for the Air Force. The change increases the cumulative face value of contract FA7014-24-F-0210 and obligates fiscal 2026 funds at …
Amentum Technology Inc. received a $50.2 million contract modification from the U.S. Department of War to extend base operations support at Naval Submarine Base Kings Bay and nearby areas. The award represents Option Period Five of the original contract awarded in 2020 and raises the contract's cumulative face value to $303.5 million. Execution of …
On May 27 in Washington, the Pentagon announced a five-year, $9.69 billion contract to consolidate Microsoft and other enterprise software licenses across the military services, the intelligence community, and the U.S. Coast Guard into a single purchasing vehicle. The Core Enterprise Technology Agreement is designed to reduce duplicative spending b…
The U.S. Department of War has awarded Boeing Co. (NYSE:BA) an $854,672,911 contract modification to produce and deliver four P-8A Lot 13 aircraft to Foreign Military Sale customers. The modification includes both production and non-recurring engineering elements aimed at addressing diminishing manufacturing sources and material shortages, along wi…
Mexico's main stock index ended the trading session higher on Wednesday, with the S&P/BMV IPC up 1.19% as advances in Industrials, Consumer Goods & Services and Consumer Staples pushed the market upward. Airline and mining-related names were among the top performers, while a handful of financial and infrastructure-linked stocks lagged. Commodity ma…
Dell Technologies said its federal unit won a single-award, firm-fixed-price blanket purchase agreement worth $9.7 billion to handle Microsoft software licensing, cloud subscriptions and Software Assurance for the U.S. military. The deal, awarded under the Department of War Enterprise Software Initiative, covers both classified and unclassified env…
Colombian equities ended the session lower, with the COLCAP benchmark falling 1.51% at the close. Losses were concentrated in the Financials, Investment and Public Services sectors even as several large-cap names posted gains. Commodities and currency moves accompanied the market drop, while market breadth was reported unusually as 0 to 0.
Greenwave Technology Solutions Inc. (NASDAQ: GWAV) saw its shares decline in after-hours trading following disclosure that Nasdaq's Listing Qualifications Department issued a second delinquency notice tied to overdue financial filings. The company has until June 22 to submit a compliance plan and may receive an extension to regain compliance if Nas…
Jazz Pharmaceuticals shares ticked up in after-hours trading after the New England Journal of Medicine published expanded Phase 3 data from the HERIZON-GEA-01 study. The trial found zanidatamab-containing regimens significantly improved progression-free survival compared with trastuzumab plus chemotherapy, and one zanidatamab combination produced a…
The Federal Aviation Administration expects certification of Boeing's 737 MAX 7 this summer and the larger MAX 10 by the end of the year, according to FAA Administrator Bryan Bedford. The agency has approved a near-term production increase from 42 to 47 aircraft per month and expects further rate rises in the months ahead. Boeing aims to reach a ra…
The MOEX Russia Index closed higher Wednesday, rising 0.40% as advances in Mining, Oil & Gas and Manufacturing supported the market. Top performers included VK Company Ltd, United Company Rusal and AFK Sistema, while ROSSETI and other names weighed on the session and pushed some stocks to multi-year lows. Volatility eased and several commodity …
Morningstar projects Goodman Group's assets under management will roughly double within the next ten years, driven by growth in a development pipeline concentrated on data centers. The research firm expects the pipeline to expand to A$18 billion by 2027 from A$13 billion in 2025, and endorses Goodman Group's strategy of prioritizing large, higher-v…
Testing confirmed chemical contamination reached the Columbia River after a storage tank at a Nippon Dynawave Packaging plant in Washington imploded and ruptured, authorities said. The incident killed at least two people and left nine others unrecovered. Recovery efforts began under conditions officials described as extremely hazardous, and water m…
