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.
25,383 total articles
DeepSeek, an artificial intelligence company based in Hangzhou, is advancing preparations to file for an initial public offering in mainland China later this year while engaging potential investors for a new private financing round that would value the firm at at least 480 billion yuan ($71 billion). The company is also finalizing financial stateme…
DBS Group has announced an ambition to grow assets under management in its wealth business to more than S$1 trillion (about $774 billion) by 2030. The goal spans the bank’s retail and wealth segments and implies an increase of roughly S$400 billion from the S$632 billion in AUM recorded at the end of 2025. The bank plans a substantial recruitment d…
Employees at BHP's Port Hedland iron ore operations have confirmed an eight-hour stoppage after a latest bargaining session failed to yield a new four-year workplace agreement. The strike, set for Thursday afternoon into the evening local time, targets one of the world's largest iron ore export facilities and comes on the same day BHP will publish …
Gold prices were little changed after advancing in the previous session following an unexpected fall in U.S. consumer prices for June. The weaker inflation print reduced immediate odds of an imminent Fed rate increase and supported government bonds and precious metals, but remarks from Federal Reserve Chair Kevin Warsh and lingering geopolitical ri…
U.S. stock index futures moved higher Tuesday evening after June inflation data came in softer than expected and major banks reported stronger-than-anticipated quarterly results. The advance was tempered by mounting geopolitical tensions as the U.S. military continued strikes on Iran for a fourth day and by remarks from policymakers signaling conti…
Arm Holdings slid after HSBC cut its recommendation to Hold from Buy, arguing the stock’s rapid run-up has largely priced in long-term AI-related growth. The bank lifted its price target to $315 on a roll-forward to fiscal 2029 estimates but said this implies only about 5% upside from the July 13 close. HSBC also highlighted constrained near-term s…
CoreWeave, a cloud computing provider serving AI workloads, has held early-stage conversations about using financial derivatives to protect itself from a potential decline in memory and flash storage prices. The talks follow long-term supply agreements with memory suppliers that include contractual price floors, a structure that shields chipmakers …
Rio Tinto reported a rise in second-quarter iron ore sales led by its Pilbara operations, while consolidated copper output slipped. The miner maintained its key 2026 production guidance and narrowed its 2026 copper C1 cost range amid operational improvements and higher gold prices, and said it is monitoring geopolitical risks that could affect supp…
A survey of transport professionals finds that misuse and misunderstanding of driver-assistance systems, together with distracting in-vehicle features, are viewed as the primary threats to mobility safety. The poll, financed by Brembo and carried out by Economist Enterprise, highlights growing industry concern about how drivers interact with increa…
Mexico's main equity gauge, the S&P/BMV IPC, closed higher on Tuesday, supported by strength in Industrials, Consumer Goods & Services and Consumer Staples. Market breadth was mixed, with more decliners than advancers, while select large-cap names posted significant moves. Commodities and currency benchmarks showed disparate performance, with crude…
Colombian stocks finished lower on Tuesday, with the COLCAP index ending the session down 0.39% as losses in the Financials, Investment and Public Services sectors held broader market sentiment back. While several stocks rallied, including Mineros SA, Cementos Argos Pf and Celsia SA, other large-cap names such as Grupo Nutresa SA and Interconnectio…
Russian equities ended Tuesday's session modestly higher, with the MOEX Russia Index rising 0.15% as strength in oil & gas, mining and power names offset declines in several technology and consumer-focused stocks. Market breadth was positive, with more advancers than decliners, while volatility measures and key commodity prices moved higher.
Lionsgate Studios, owner of major film franchises, is assessing takeover offers and has drawn interest from France's Bollore Group and Europe-based Banijay Group, sources said. The company, valued at about $3.8 billion, is working with an investment bank to review inbound approaches but may still remain independent. Shareholder valuation expectatio…
Lionsgate Studios' shares climbed as much as 10% in after-hours trading after reports that the company has drawn takeover interest. Sources say France’s Bollore Group and television producer Banijay have been identified among potential suitors, while Lionsgate is working with an investment bank to assess inbound approaches. Any transaction remains …
OpenAI is developing a mobile, screen-free smart speaker powered by ChatGPT that can proactively learn user habits and control smart-home devices. The report of the hardware push coincided with a sharp drop in Sonos shares, while Apple shares were largely unchanged. The move positions OpenAI against established hardware players as the company prepa…
The Writers Guild of America has filed a lawsuit aiming to stop Paramount’s proposed $110 billion acquisition of Warner Bros. Discovery, arguing the combination would unlawfully reduce competition for screenwriting services in film and television. The complaint arrives amid parallel legal action from California and 11 other states that challenges t…
U.S. equities closed higher on Tuesday as gains in Technology, Basic Materials and Oil & Gas stocks drove the S&P 500 and Nasdaq to modest advances while the Dow finished essentially unchanged. Several large-cap and smaller-cap names posted outsized moves in both directions, and commodity and currency markets saw notable movement during the session…
Canada's equity market closed modestly higher on Tuesday, with the S&P/TSX Composite rising 0.19% as advances in the Clean Technology, Materials and Financials sectors pushed the index up. Trekor Metals, First Quantum Minerals and Altius Minerals topped the gainers list, while Open Text, Wesdome Gold Mines and Constellation Software recorded the la…
Brazil's benchmark Bovespa index rose 0.51% at the close in Sao Paulo, driven by advances in the Consumption, Real Estate and Electric Power sectors. Market breadth was negative with more decliners than advancers, while volatility on Brazil-exposed options edged higher and commodity and FX moves accompanied the session.
The Writers Guild of America has initiated a lawsuit seeking to block Paramount Global’s proposed $110 billion purchase of Warner Bros. Discovery, contending the transaction would unlawfully reduce competition for screenwriting services in film and television and harm writers’ wages and employment prospects. The move follows a separate challenge fr…
Stifel has revised its near-term preference within the optical components sector, moving from Coherent to Lumentum. The change reflects narrowing valuation gaps among major suppliers and a renewed emphasis on revenue growth potential and medium-term margin prospects. Stifel highlights a supply shortage in external modulator lasers and notes recent …
The U.S. Food and Drug Administration approved gedatolisib, marketed as Revtorpyk, for a defined group of advanced breast cancer patients. The approval, based on late-stage trial data, covers use of Revtorpyk in combination with Pfizer's Ibrance and fulvestrant and follows evidence of a substantial reduction in the risk of disease progression or de…
Celcuity's stock jumped 6.6% in afternoon trading as market participants positioned ahead of an imminent FDA decision on gedatolisib, the company's lead oncology candidate. The drug's New Drug Application was accepted under the FDA's Real-Time Oncology Review program and granted Priority Review; gedatolisib also holds Breakthrough Therapy and Fast …
A top House Judiciary Democrat has written to Paramount's CEO seeking answers about whether the company or its leadership has been steering CBS News to broadcast material favorable to President Donald Trump. The letter raises concerns about editorial independence after personnel changes at CBS News and prior actions tied to mergers and settlements …
The U.S. Commodity Futures Trading Commission has blocked Kalshi from complying with a Michigan court order that would have required the prediction market operator to cancel sports wagers placed by state residents. The CFTC said the state court directive conflicts with federal law governing registered contract markets and is staying Kalshi's emerge…
