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.
29,916 total articles
Apotex Health Corp. has received Health Canada approval for SEVMIA™, a generic semaglutide injection indicated for chronic weight management in adults. The product is Canada’s first approved generic equivalent of Wegovy® and is supplied as a multi-use pre-filled pen. The approval complements a recent clearance for Apo-Semaglutide Injection™ and exp…
iHerb, an online retailer of vitamins, supplements and health-and-wellness products, has selected JPMorgan Chase, Morgan Stanley and Citigroup to lead an initial public offering that could raise roughly $500 million. The Irvine, California company, which reported more than $2.8 billion in sales last year and said it was profitable, completed an acq…
Nutrabolt, the Austin, Texas-based company behind C4 energy drinks and sports-nutrition products, has chosen JPMorgan, Goldman Sachs and Bank of America to lead a proposed initial public offering in the United States that could raise as much as $1 billion. The company and the banks declined to comment, and Nutrabolt has not publicly confirmed the f…
Nutrabolt, the Austin, Texas company behind energy drink C4 and nutrition brands including XTEND and Cellucor, has selected JPMorgan, Goldman Sachs and Bank of America to lead an initial public offering that could raise as much as $1 billion, according to people familiar with the matter. The company, which has strategic investments from Keurig Dr P…
KKR has agreed to purchase EDF Power Solutions’ U.S. and Canadian operations for an equity value of about $4.2 billion, with the deal including potential additional payments of up to $390 million. The sale is part of EDF’s effort to raise cash to maintain 57 aging domestic nuclear reactors and to help fund six planned new units. KKR has said it int…
Kura Sushi Inc. (KRUS) is targeting a 20% annual increase in U.S. locations as it presses to capture market share ahead of new entrants. The chain expects to exceed 100 U.S. restaurants this year after earlier equipment delays, and remains committed to expansion rather than slowing growth to chase quicker profitability.
Mexico's equity benchmark, the S&P/BMV IPC, ended the trading day lower, shedding 1.00% as declines in Industrials, Consumer Goods & Services and Consumer Staples pressured the market. Market breadth favored decliners, while selected large-cap names recorded both gains and losses. Precious metals, oil benchmarks and peso exchange rates moved modest…
Colombian stocks closed lower on Tuesday, with the COLCAP index dropping 0.75% as losses in Financials, Investment and Public Services pressured the market. Etb led gains, advancing 17.14% to close at 82.00, while several major names such as Cementos Argos Pf and Interconnection Electric SA ESP finished in negative territory. Commodities and FX sho…
EchoStar's Dish DBS and its wireless affiliates have filed for Chapter 11 in Houston under a prearranged restructuring agreement after an unexpected postponement in the closing of a planned spectrum sale to AT&T left the businesses unable to meet a $2 billion note maturity due July 1. Creditors holding more than 88% of Dish's debt have signed on to…
Boeing has been awarded a $49,500,000 indefinite-delivery/indefinite-quantity contract to remanufacture controllers for the Air Launched Cruise Missile (ALCM). The scope includes production test sets and controller remanufacture, with work to be carried out in Heath, Ohio, and Fort Walton Beach, Florida. The award, issued as a sole-source acquisiti…
Northrop Grumman Corp. (NYSE:NOC) has been awarded three Department of Defense contracts totaling about $68 million. The largest award, valued at $49 million, covers sustainment, logistics support and engineering services for the Joint Tactical Ground Station (JTAGS) program through mid-2027. Two additional modifications to work at the companys El…
Lockheed Martin was granted three separate U.S. defense contracts totaling more than $3.1 billion. The largest is a nearly $3.0 billion award for production and engineering of the Sentinel A4 radar. Two additional naval-related contracts were awarded for Spain's F-100 mid-life upgrades and for additional MK 41 Vertical Launching System modules and …
Osprey Acquisition Corp. III priced an offering of 26,100,000 units at $10.00 each, raising $261 million. The units will begin trading on the Nasdaq Global Market under the symbol OSPRU on July 1, 2026, with the deal expected to close around July 2, 2026. Each unit contains one Class A ordinary share and one-third of a redeemable warrant; full warr…
Russia's equity benchmark finished slightly lower on Tuesday, dragged by declines in the Oil & Gas, Manufacturing and Telecoms sectors. The MOEX Russia Index closed down 0.17%, while market breadth showed modestly more advancing issues than decliners. Volatility indicators and moves in commodities and currency pairs added nuance to the session.
Allison Transmission Holdings Inc. will be incorporated into the S&P MidCap 400 index, while Goodyear Tire & Rubber Co. will exit the MidCap gauge to join the S&P SmallCap 600. The moves take effect before trading opens on July 6 and are tied to a pending acquisition that reassigns a slot in the small-cap index.
President Donald Trump’s annual financial disclosure lists $236.25 million in net proceeds from token sales through World Liberty Financial LLC and details more than $370,000 in gifts, including high-value sports tickets and a $250,000 statue. The 927-page filing also records millions in licensing income for the first lady and Vice President JD Van…
Abivax SA ADR climbed in after-hours trading following release of Phase 3 ABTECT Maintenance Part 2 results for obefazimod in moderately to severely active ulcerative colitis. The readout reported measurable remission rates among induction non-responders and a safety profile that aligns malignancy incidence with published background rates, promptin…
Google has introduced a macOS beta of Gemini Spark and broadened the assistant's connections with third-party applications. The update also adds the ability to monitor topics and trigger updates in real time across a range of data sources. The macOS release is available to eligible Google AI Ultra subscribers in the United States, and app integrati…
Shares of Bloom Energy surged in after-hours trading after the company and Brookfield announced an expansion of their strategic AI infrastructure financing framework from $5 billion to $25 billion. The commitment, part of Brookfield’s AI Infrastructure Fund, is slated to finance global deployments of Bloom’s solid oxide fuel cell systems at hypersc…
Michael Burry disclosed a new short position in Caterpillar, saying the construction equipment maker has become overvalued as investors treat it as a play on AI infrastructure spending. He said he shorted Caterpillar at $1,060.98 and also opened short positions in Nvidia, Applied Materials, Tesla and the iShares Semiconductor ETF. Burry pointed to …
Constellation Brands reported a first-quarter profit that exceeded analyst forecasts, driven by stronger demand for its beer portfolio and favorable factors including lower prices, targeted marketing and the removal of aluminum tariffs. While overall net sales declined year-on-year, the beer business posted growth and management left its fiscal 202…
KKR has reached an agreement to acquire the North American operations and assets of EDF power solutions for an equity value of about $4.2 billion, with potential additional consideration of up to $390 million. The purchase includes a portfolio of solar, wind, and battery storage assets and an operations platform serving utilities, corporations, and…
Intuitive Machines announced a firm-fixed-price contract from NASA worth up to $148.3 million to supply a production-line-qualified Nova-C lander to the lunar surface no later than 2028. The award — the company's sixth Commercial Lunar Payload Services (CLPS) contract from NASA — comprises a $68.6 million base amount plus a $79.7 million performanc…
Stefano Donnarumma has resigned as CEO of Italy’s state-controlled rail group after an extended period of disagreements with the government. The disputes centered on repeated service disruptions tied to maintenance and upgrade works, contested corporate integrations and a proposed strategy to seek foreign investment for high-speed rail. Ferrovie de…
Three leading semiconductor companies - Micron Technology, Intel and AMD - collectively increased their market capitalizations by roughly $2 trillion in the second quarter as investors allocated capital beyond Nvidia. The surge was driven by rising memory prices, renewed CPU demand, and strength across AI-related infrastructure vendors.
