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.
20,609 total articles
NASA has issued multiple contracts under its Commercial Lunar Payload Services program to support construction of infrastructure at the lunar South Pole ahead of crewed Artemis missions. Blue Origin and Firefly Aerospace received task orders to deliver cargo and build a lander that will deploy drones, while Astrolab and Lunar Outpost won awards to …
U.S. equities extended their recent rally with the S&P 500 finishing at a record closing high and the Nasdaq advancing further, driven by optimism around artificial intelligence and strong demand for semiconductor chips. Micron's shares surged after a large price-target increase, pushing its market capitalization to $1 trillion. Energy-market jitte…
The U.S. Space Force has awarded SpaceX a $2.29 billion firm-fixed-price contract to build the Space Data Network (SDN) Backbone, a proliferated low Earth orbit satellite constellation intended to supply high-capacity, low-latency global data transport for military operations. The award obliges SpaceX to deliver a fully operational prototype by the…
Moody's downgraded several of Titan International's credit metrics, moving the corporate family rating to B2 from B1 and shifting the outlook to stable. The agency cut the probability of default and secured note ratings, revised governance and credit-impact scores lower, and flagged continued negative free cash flow and elevated leverage into 2026 …
JD.com stock dipped after reports that the European Commission will open an in-depth investigation under the EU’s foreign subsidies rules into the company’s €2.2bn bid for Ceconomy. The probe, expected to be announced this week, would extend the review timeline by 90 working days and is the first detailed use of these rules for a Chinese takeover.
OpenAI has hired Colin Fleming as chief marketing officer for its business unit, signaling a push to strengthen enterprise-facing marketing. Fleming, who left ServiceNow after just over two years, previously spent 13 years at Salesforce and will direct marketing for OpenAI's business unit, according to Adweek. ServiceNow shares slipped 1% in Tuesda…
Volvo Cars said it received a targeted authorization from the U.S. government allowing continued sales of vehicles that incorporate Chinese-developed connected technology. The approval follows talks with government agencies focused on governance, technology and data security and preserves Volvo's growth trajectory in the United States while the bro…
Nielsen data cited by Goldman Sachs indicates US beauty and personal care sales rose 1.6% in the four weeks ending May 16, even as overall volumes fell 2.6% in that period. Category gains in makeup, hair and body care contrasted with declines in skin care, and leading consumer goods companies reported mixed regional performance driven by differing …
SoftBank Group has retained major banks to prepare US initial public offerings for SB Energy and Roze, a planned autonomous robotics spinoff. SB Energy could seek a valuation above $50 billion and launch as early as September, while Roze aims to commercialize robotics for data-center construction. Both listings are positioned amid strong investor i…
U.S. equity benchmarks traded near or at record levels as enthusiasm over artificial intelligence and solid earnings expectations outweighed concerns about Middle East tensions and recent U.S. strikes on Iran. Semiconductors led the advance, with Micron surging more than 19% and briefly reaching a $1 trillion market capitalization after UBS sharply…
Madison Square Garden Sports shares climbed to fresh record territory after the New York Knicks swept the Cleveland Cavaliers to reach the 2026 NBA Finals. Investors cited the immediate revenue upside from playoff success, a higher analyst price target and the company’s progress toward a tax-free spin-off that would split its basketball and hockey …
Intuitive Machines stock plunged after NASA revealed contract awards for lunar surface systems that did not include the company. The agency named Astrolab and Lunar Outpost for rover development, selected Firefly Aerospace to deliver the first lunar drones and Blue Origin to provide a terrain vehicle. Intuitive Machines trading was briefly paused a…
Andrew Left, founder of Citron Research, told a federal jury in Los Angeles that his public commentary on companies always matched his trading positions, denying prosecutors' assertions that he used social media to mislead investors and profit from moving stock prices. The government contends private communications and coordinated activity with hed…
Volvo Cars has secured a case-specific authorization from the Office of Information and Communications Technology and Services to continue importing and selling connected vehicles in the United States under the federal "Securing the Information and Communications Technology and Services Supply Chain: Connected Vehicles" rule. The approval followed …
Traders face a packed economic calendar on Wednesday, May 27, 2026, with the API Weekly Crude Stock report, the 5-Year Note Treasury auction and the ADP Employment Change Weekly release among the events most likely to influence markets. Several mortgage market measures and regional Fed surveys, plus speeches from Federal Reserve officials, add laye…
Spanish defence contractor Indra has named Josep Maria Recasens as its new chief executive, with the appointment effective June 17. Recasens joins from Renault Group, where he has been chief strategy officer since November, after two years leading roles at Renault's Ampere electric vehicle unit. The leadership change follows recent exits among seni…
KNDS is engaging with other sectors, including automotive, to secure manufacturing capacity across Europe as it ramps up tank output, CEO Jean-Paul Alary said. The company highlighted an urgent need for significantly more capacity in Europe - particularly Germany - following a reported revenue rise in 2025. Broader defence-sector order momentum con…
Goldman Sachs weekly data showed US Class I railroad carload volumes rose 5% year-over-year in week 20, up from 4.2% in week 19. Intermodal traffic led the increase, while ex-intermodal volumes were broadly steady. Canadian rail carriers recorded accelerating total carload growth but uneven intermodal trends.
Law’s Business Group Holding Limited submitted a registration to offer 6.25 million Class A ordinary shares on the Nasdaq Capital Market, aiming to raise between $25 million and $37.5 million. The company proposes a $4 to $6 per-share price range and plans to trade under the ticker LSBA. Cathay Securities is named as the sole underwriter and the sh…
Barclays has named three mining and materials companies as its highest-conviction ideas: Freeport McMoRan, Steel Dynamics and MP Materials. The bank assigns Overweight ratings to all three, setting price targets of $77, $270 and $69 respectively, and points to company-specific operational improvements, growth projects and market positioning as the …
Shareholders of Webster Financial Corp. approved Banco Santander SA's $12 billion acquisition proposal at an extraordinary meeting, clearing a major hurdle for the takeover. Santander's offer combines cash and American Depositary Shares and is aimed at expanding the Spanish bank's U.S. commercial and retail lending presence by accessing Webster's d…
Intel CEO Lip-Bu Tan will be in Taiwan this week for meetings that include sessions with Taiwan Semiconductor Manufacturing Co. management, and will deliver Intel’s COMPUTEX keynote on June 2. The trip occurs as Intel’s market capitalization has climbed to about $614 billion amid optimism around its foundry efforts and elevated AI CPU demand. The m…
American Airlines stock jumped nearly 7% in mid-day trading after UBS raised its price target and the carrier announced a multiyear plan to install Starlink connectivity on a large portion of its narrowbody fleet. The move coincided with the start of American's summer schedule, expectations to carry a record 75 million customers, and sectorwide str…
Mao Geping Cosmetics (stock code 1318) retreated during the session, sliding toward the lower bound of its 52-week trading range after Morgan Stanley reduced its price target and trimmed margin and earnings assumptions. Broader market rotation away from consumer discretionary names and lack of fresh company-specific catalysts compounded selling pre…
SoFi Technologies shares rose after CEO Anthony Noto spoke on the Basis Points podcast, attributing the company's stock decline to multiple compression tied to changing interest rate expectations and detailing four new business initiatives designed to drive member growth and revenue diversification.
