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.
20,610 total articles
Zoom Video Communications' early 2023 investment in Anthropic has appreciated from roughly $51 million to nearly $1.3 billion, according to a regulatory filing. The windfall comes as Anthropic prepares a potential multibillion-dollar funding round and as Zoom reports stronger-than-expected first-quarter results, raises its full-year outlook and san…
Fenwick & West, a prominent law firm known for representing technology companies, has agreed to pay $54 million to settle claims by FTX customers who alleged the firm helped facilitate the fraud that led to FTX's collapse. The preliminary settlement was filed in federal court in Miami and requires judicial approval. Fenwick maintains it did not kno…
A U.S. District Court jury in Seattle concluded that Boeing did not defraud LOT Polish Airlines by hiding a safety-related change to the 737 MAX. The change had been associated with two fatal crashes in 2018 and 2019 that prompted a worldwide grounding of the model for 20 months. LOT had sought $153 million in damages; after a two-week trial the ju…
A letter dated April 23 from the chair of the U.S. House Foreign Affairs Committee warns that Chinese influence may be seeking to bypass restrictions in a tender for a 25-year concession to dredge and operate Argentina's Parana River. The contest, which Argentina estimates could attract $10 billion in investment, has excluded state-owned companies …
Florida announced a $600 million expansion of Blue Origin’s Rocket Park campus in Cape Canaveral, centered on a new 830,000-square-foot upper-stage manufacturing facility. The project, supported by state programs, is expected to add 500 aerospace positions paying an average of more than $98,000. The move coincides with SpaceX preparing a high-profi…
SpaceX conducted the maiden flight of its upgraded Starship V3 from Starbase, Texas on May 22, carrying mock Starlink hardware and instrumented payloads while intending controlled splashdowns rather than recovery. The test validates multiple design changes - including Raptor 3 engines and a reworked Super Heavy booster - at a moment of intense inve…
Mexico's main equity gauge, the S&P/BMV IPC, closed marginally lower on Friday, slipping 0.07% as losses were concentrated in the Industrials, Consumer Goods & Services and Consumer Staples sectors. Market breadth showed more advancing issues than decliners, while selected large-cap names recorded both gains and declines. Commodities and currency p…
Colombia's benchmark COLCAP declined 0.85% at Friday's close, driven by losses across the Financials, Investment and Public Services sectors. Several leading names finished the session unchanged, while commodity and currency moves showed mixed directions that accompanied the local market weakness and modest US Dollar strength.
Russia's benchmark MOEX Russia Index ended lower on Friday, sliding 1.54% at the close in Moscow. Declines were led by the Power, Oil & Gas and Mining sectors. Market breadth favored sellers, the Russian Volatility Index rose, and key commodities and currency pairs moved unevenly through the session.
Aperture AC completed an initial public offering that generated $102 million in gross proceeds by selling 10,200,000 units at $10.00 apiece, including units issued through a partial exercise of the underwriters' over-allotment. The units began trading on the Nasdaq Capital Market on May 21, 2026 under the ticker APURU. The company, a blank check ve…
Coolbit Technologies Limited submitted a prospectus for an initial public offering on the Nasdaq Capital Market under the ticker CBAI. The company is proposing to sell 3.75 million Class A ordinary shares at a proposed price range of $4.00 to $5.00 per share, while a selling shareholder plans to offer 1.25 million shares. The company will not recei…
OceanPal Inc. (NASDAQ:SVRN) saw its shares decline in after-hours trading after the company disclosed it received a delinquency notification from Nasdaq for failing to timely file its Form 20-F for the year ended December 31, 2025. The notice gives OceanPal until July 20, 2026 to submit a compliance plan; if approved, the firm could have until Octo…
Lantheus Holdings is considering a potential sale after receiving an approach from Curium Pharma that values the radiopharmaceutical company at about $7 billion. People familiar with the matter say the two firms have held discussions and that a deal could be weeks away, but no final decision has been made and there is no guarantee talks will result…
U.S. equities finished higher on Friday, paced by advances in the Consumer Goods, Healthcare and Industrials sectors. The Dow Jones Industrial Average rose 0.58% to a new all-time high, the S&P 500 gained 0.37% and the Nasdaq Composite added 0.19%. Several individual stocks posted large moves in both directions, while the VIX slipped to a three-mon…
Scynexis Inc. (SCYX) saw its shares decline about 7% in after-hours trading following the company’s announcement that it will execute a 1-for-8 reverse stock split, effective May 29, 2026, and begin trading on a split-adjusted basis June 1, 2026. The corporate action was approved by stockholders at a Special Meeting on May 19, 2026, and is intended…
Canada's main stock index closed modestly higher on Friday, driven by strength in information technology, telecommunications and clean technology names. The S&P/TSX Composite rose 0.18% to reach a new one-month high, with several individual stocks recording multi-year or record price levels while some other issues posted notable declines.
Brazil's Bovespa finished lower on Friday, retreating 0.81% as declines in Real Estate, Consumption and Financials pressured the market. Steel and industrial names were among the session's top gainers while meatpackers and property developers led losses. Key market gauges including the CBOE Brazil ETF Volatility held steady, and the U.S. dollar str…
Anthropic PBC is reportedly nearing the close of a funding round that could bring in upward of $30 billion and place the company at a valuation above $900 billion. The financing, expected to conclude as soon as next week, is being co-led by several major venture investors and follows a period of rapid revenue growth and agreements to expand compute…
The Federal Reserve and the Federal Deposit Insurance Corporation have approved resolution plans - known as 'living wills' - submitted by the eight largest U.S. banks and 56 foreign banking organizations. The agencies reported no new deficiencies and said that earlier concerns raised in 2024 about the derivatives unwind plans of Bank of America, Go…
Anthropic and about 50 partner organizations used its Claude Mythos Preview model under Project Glasswing to scan systemically important software during the initiative's first month, identifying over 10,000 vulnerabilities rated high or critical. While discovery rates outpaced expectations, Anthropic says progress is now constrained by the pace at …
The U.S. Food and Drug Administration has approved Hepcludex, Gilead Sciences' treatment for chronic hepatitis delta virus (HDV). This marks the first FDA-approved therapy for HDV. Clinical trial results cited by regulators showed meaningful responses in roughly 48% of treated patients versus 2% in a delayed-treatment group after 48 weeks. Gilead s…
The Securities and Exchange Commission has delayed plans to publish an innovation exemption that would allow U.S. crypto firms to trade tokenized assets tied to corporate stock. A staff-drafted proposal had been prepared for imminent release, but the agency is taking additional time to consider feedback from stock exchanges and other market partici…
BP has resumed negotiations at its Whiting refinery with the United Steelworkers Local 7-1 bargaining committee, presenting a revised contract proposal that withdraws a planned voluntary reduction of up to 42 maintenance craft employees. The company's offer includes an average 13% pay rise over the first four years of a proposed six-year agreement,…
Air Canada said it has reached a tentative collective agreement with Unifor that covers roughly 6,000 employees in customer-facing roles, acknowledging staff professionalism and creating a framework for future growth. The agreement remains confidential until a ratification vote by union members, expected within the next month, and also requires app…
Alphabet has appealed a federal judge’s 2024 decision that determined the company illegally maintained monopolies in online search and adjacent advertising markets. Google says the judge made legal errors, contends its agreements with device makers did not bar rivals from being promoted, and defends its market position as earned through product qua…
