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.
17,830 total articles
Microsoft unveiled Project Solara at its Build developer conference in San Francisco, presenting a platform intended to run AI agents on mobile devices. The company demonstrated two concept devices developed with Qualcomm and MediaTek and said several corporate partners are working with the technology.
Microsoft introduced Scout, a new artificial intelligence assistant that operates as an autonomous presence within workplace systems rather than only as a per-user tool. Announced at the company’s Build developer conference in San Francisco, Scout is intended to carry out organizational tasks such as rescheduling meetings and responding to colleagu…
Mexican security forces have detained a suspect accused of involvement in the January abduction and killing of 10 people connected to a mining operation tied to Canadian miner Vizsla Silver. The arrest, carried out in Sinaloa by the army, National Guard and local forces, identifies the suspect as a regional operator for a criminal group linked to t…
Bank of England policymaker Megan Greene said the case for raising interest rates has strengthened as the conflict involving Iran continues, arguing that a swift rise in borrowing costs could be required to anchor inflation expectations. Greene highlighted the importance of the speed of any rate move and noted the Monetary Policy Committee will nex…
UBS downgraded Sherwin-Williams from Buy to Neutral and cut its 12-month price target to $330 from $385, citing a prolonged slowdown in the U.S. housing market that delays an earnings recovery until at least 2028. The bank warns that a possible acquisition of parts of AkzoNobel could boost earnings after synergies but would likely increase leverage…
Chevron has filed to enter Argentina’s RIGI incentive program with a $13.8 billion unconventional oil project located in the El Trapial area of Vaca Muerta. The application must receive government approval before the plan can proceed and would rank among the largest new investments in the country’s shale basin.
Tuesday’s session featured sizable swings across market-cap tiers. Mega-cap technology and semiconductor stocks recorded notable advances and declines, led by Cisco and Cisco-linked announcements. Among large- and mid-cap names, Marvell Technology posted a strong rally while several biotech and small-cap companies experienced sharp moves tied to cl…
Investors face a dense set of U.S. economic releases on Wednesday, June 3, 2026, that span private payrolls, multiple services-sector purchasing managers' indexes and weekly energy stock updates. The ADP Nonfarm Employment Change offers an early reading on private-sector job creation, the ISM and S&P Global Services PMIs provide overlapping gauges …
Earnings season remains active as companies across semiconductors, medical devices, cybersecurity and retail report results on Wednesday, June 3. Investors will see data from Broadcom, Medtronic, CrowdStrike and Macy's, among others, with estimates published ahead of open and after the close that span large-cap technology names and consumer-facing …
Goldman Sachs CEO David Solomon said markets currently favor risk-taking as major artificial intelligence companies such as OpenAI, Anthropic and SpaceX prepare for public offerings. Solomon pointed to ample liquidity, Alphabet's strong reaction to an $80 billion equity raise and Goldman's involvement in several planned deals as indicators that inv…
Ciena Corp stock climbed more than 8% to a fresh 52-week high after Nvidia CEO Jensen Huang, speaking at Marvell’s Computex 2026 keynote in Taipei, emphasized the need for optical interconnects to scale AI data centers beyond copper limits. The move was amplified by a pre-earnings positioning ahead of Ciena’s fiscal Q2 2026 report on June 4 and upb…
Lumentum Holdings Inc. stock climbed sharply after Nvidia CEO Jensen Huang used a Computex keynote to argue that optical interconnects will be required as AI infrastructure outgrows copper’s capabilities. Huang’s remarks, coupled with Nvidia’s substantial capital commitments to photonics firms and Lumentum’s recent balance-sheet moves, pushed the s…
Perplexity AI is creating a platform that dynamically assigns artificial intelligence tasks either to users' personal computers or to cloud servers. Announced at Computex in Taipei, the system acts as a real-time controller to determine which workloads can run locally and which need larger cloud resources, with the stated goal of reducing computing…
Uber Technologies has introduced a $1,500 per-month token spending limit for each agentic AI coding tool used by employees after exhausting its full-year AI budget. The cap applies per tool, allows monitoring via dashboards, and includes a permission process for exceptions. Executives say internal AI usage has already altered hiring plans and contr…
On June 2 the U.S. Department of Energy named projects in Louisiana and Oklahoma to receive a combined $134 million to recover rare earth elements from waste streams. One award of roughly $67 million will fund a Colorado School of Mines and ElementUSA-led facility in Louisiana to extract and refine rare earths from bauxite waste at commercial-test …
Optical interconnect and photonics suppliers surged after Nvidia CEO Jensen Huang spoke at Marvell's Computex 2026 keynote in Taipei, laying out a staged approach to data-center links that favors copper while acknowledging its limits and calling for optics to take over where copper cannot scale. Market participants immediately repriced several vend…
Corning's stock jumped sharply in mid-day trading after Nvidia CEO Jensen Huang publicly stressed the limitations of copper interconnects and the need for optical solutions in AI data center buildouts. Huang's remarks reinforced Corning’s May 6, 2026 agreement with Nvidia to dramatically expand U.S. optical manufacturing capacity and drew renewed i…
Moody's Investors Service downgraded Altria Group Inc.'s long-term senior unsecured rating to Baa2 from Baa1, citing reduced free cash flow for debt service after bonding requirements related to the Price/Miles Illinois consumer fraud class-action. The action, announced April 22, 2003, affects roughly $20 billion of debt securities and prompted rel…
Caterpillar shares climbed sharply in mid-day trading, driven by a wide re-rating from analysts following a pronounced Q1 earnings beat, higher guidance for 2026 and an expanding backlog. UBS and several other major firms raised price targets, while company remarks and a power-generation deal with PROPWR emphasized Caterpillar's role in infrastruct…
Blue Origin's CEO Dave Limp says the New Glenn heavy-lift rocket will return to flight before the end of the year after an explosion during a hot-fire test damaged the company's only launch pad. Inspections show important fuel tanks survived, nearby boosters appear undamaged, but the pad's main support tower requires repairs. The incident compounds…
Google has agreed to a three-year arrangement with Voltus to deploy up to 100 megawatts of flexible distributed energy resources in the PJM grid area. Voltus will coordinate assets such as batteries and smart thermostats to trim demand when the grid requires it, compensating participating homes and businesses. Google said the move is intended to bo…
Jefferies analyzed 42 expert call transcripts over the past 90 days and used AI-assisted review to assess how artificial intelligence is being applied across pharmaceutical services. The firm found cost and time savings concentrated in early discovery, regulatory writing and preclinical workflows - often in the 40% to 50% range - while later-stage …
Cryptocurrency and blockchain-related shares fell on Tuesday as bitcoin extended a three-day decline. Bitcoin slid 5.9% to $67,185.38, its weakest showing since April 5, while ether dropped 4.7% to $1,909.38, a level not seen in over three months. Listed firms tied to the crypto economy - including exchanges, retail brokers, miners and companies ho…
Alphabet's Google started construction Tuesday on its inaugural Swedish data center in Horndal. The facility is intended to service rising demand for Google products including Search, Google Cloud and YouTube, will create 100 direct jobs, and includes design choices to limit water consumption and enable off-site heat recovery. The company is also l…
Rheinmetall AG won a €5.7 billion set of defense contracts from Romania, awarded May 29, 2026, under the European Union's Security Action for Europe (SAFE) programme. The package covers combat vehicles, air defense systems, ammunition and naval vessels, with production beginning in 2028 and scheduled to finish by 2030. The deal includes substantial…
