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.
29,970 total articles
Australia is reviewing enforcement of its under-16 social media account ban after new research found limited changes in adolescent platform use six months after the law took effect. The government says it will test the robustness of the law and consider strengthening the eSafety Commission's powers while several platforms face potential fines and l…
SoftBank Group shares fell roughly 13% after reports indicated OpenAI is seriously considering postponing its initial public offering from 2026 to 2027. The move undercuts near-term monetization hopes for SoftBank, which holds an estimated $65 billion stake in OpenAI and co-led the company’s $122 billion funding round in March 2026. The decline rev…
Asian stocks eased from record levels as investors digested steep price increases from Apple that underscored rising chip and memory costs. The sell-off in major technology names, mixed signals from earnings, and month-end rebalancing weighed on regional indices, while the yen remained close to four-decade lows on the prospect of policy interventio…
BofA Securities held its Underperform rating on Fox Corp with a $54 price target, acknowledging near-term advertising benefits from the FIFA World Cup and raising revenue and multi-year profit estimates, yet warning that investor focus on Fox’s planned Roku acquisition and legacy television risks will likely keep the stock range-bound.
Morgan Stanley analysts say Chinese vehicle demand may be approaching a floor following a challenging second quarter, but they do not expect a substantial recovery before late summer. Their checks indicate sales have stabilized even as consumer appetite remains soft and near-term earnings catalysts are limited. The bank cites mid-year promotions, s…
SoftBank Group shares tumbled after a report indicated OpenAI is leaning toward postponing its anticipated initial public offering until next year. The report said advisers recommended caution for OpenAI's leadership following weak market reactions to recent private-market activity and ongoing financial strains at the company. The potential delay t…
Lingyi iTech Guangdong Co is due to begin trading in Hong Kong after completing an HK$8.3 billion initial public offering priced at HK$10.18 per share. The company, already listed in Shenzhen, attracted cornerstone investors and plans to allocate a significant portion of proceeds to boost production for AI computing servers, optical communications …
U.S. equity futures were largely unchanged Thursday evening as Wall Street registered mixed trading and moved toward weekly losses after a week of weakness in technology names. Gains in memory chip stocks, led by Micron, helped lift semiconductor benchmarks even as heavyweight tech shares, including Apple, posted sharp declines. Data showed PCE inf…
BofA Securities has upgraded Nomura Holdings Inc to Buy from Neutral and raised its price target to ¥1,650 from ¥1,490, pointing to improved earnings quality and a more sustainable return on equity profile led by consistent growth in wealth management and investment banking.The broker expects a sharp rebound in first-quarter net profit to ¥108.2 bi…
BHP will divide its President Americas position into separate President North America and President South America roles, the miner said. Jessica Farrell will become President, North America on July 1 and will also serve as President, South America until a permanent appointment is made. Incoming CEO Brandon Craig said the changes are intended to sup…
I-Pulse, backed by mining giant BHP, has signed an agreement with the U.S. Department of Commerce securing a $250 million award from the CHIPS Research and Development Office to develop silicon-carbide semiconductor components for pulsed-power systems. The program, led by an Albuquerque team near national research facilities, will involve U.S. nati…
S&P Global Ratings upgraded Life Time Inc.'s issuer credit rating to 'BB' from 'BB-' and raised the issue-level rating on senior secured debt to 'BBB-' from 'BB+', citing sustained operating momentum, higher dues and improving leverage. The outlook remains stable as the ratings firm expects revenue growth, membership gains and further reductions in…
Moody's upgraded Ingersoll Rand Inc.'s senior unsecured notes to Baa1 from Baa2 and set the outlook to stable from positive, while affirming the Prime-2 commercial paper rating. The agency cited the company’s strong competitive position, manufacturing EBITDA margins of about 26%, low capital expenditure requirements and projected debt metrics aroun…
FedEx Freight, recently separated from FedEx Corp., forecasts revenue growth of 4% to 6% and expects adjusted operating income to increase 0.8% to 7.5% for the seven-month period ending December 31. The company reported a mixed fourth-quarter performance, with revenue exceeding expectations but quarterly adjusted operating income declining amid sep…
Reformation Inc. has filed a registration statement with the Securities and Exchange Commission seeking an initial public offering on the New York Stock Exchange. The apparel company and certain selling stockholders will put shares up for sale with details on quantity and price yet to be set. The filing discloses recent financial results, operating…
i-80 Gold Corp reported notable drill intercepts from its Archimedes Underground Project on the Ruby Hill property in Nevada and said it has adjusted the timing of certain feasibility-level technical studies. Shares rose 2.7% in after-hours trading Thursday after the company released results from its completed 2025-2026 infill program in the upper …
Calian Group Ltd. has signed a definitive purchase agreement to acquire Galaxy Broadband Communications from Crown Capital Partners Inc. The deal involves $24 million in upfront consideration and an additional $27.5 million in earnouts tied to performance over the next three years. The transaction is slated to close in Calian's fourth quarter, pend…
General Dynamics Land Systems received a $209,338,000 contract modification from the U.S. Department of War for the Abrams Engineering program, bringing the cumulative value of contract W912CH-25-C-0055 to $849,900,000. The work will be performed at the company’s Warren, Michigan facility, with an estimated completion date of Nov. 26, 2031. The Dep…
Mexico's benchmark S&P/BMV IPC closed higher, advancing 1.72% on the day as Industrials, Consumer Goods & Services and Consumer Staples stocks pushed the market upward. Mining and airport stocks were among the top performers, while select media and retail names finished lower. Commodity prices and currency moves provided additional backdrop to the …
Raytheon Co. has received a $1.1 billion modification from the U.S. Department of Defense to exercise Lot 26 production options under an existing fixed-price incentive contract for AIM-9X missiles and related gear. The award encompasses tactical missiles for U.S. services and Foreign Military Sales customers, assigned to multiple production sites a…
Reformation Inc. has submitted a filing to take its common stock public on the New York Stock Exchange using the ticker symbol REF. The prospectus specifies that both the company and certain selling stockholders will place shares for sale, but it does not disclose how many shares will be offered or the expected price range. The filing also makes cl…
Deutsche Bank analyst Chris Robertson argues that shipping companies with modern, fuel-efficient fleets, low reinvestment needs and operational flexibility are likely to benefit from a shift toward deglobalization, regionalization and supply-chain security. The view, presented after Marine Money Week in New York, underpins Buy ratings on five names…
After the market closed, ON Semiconductor said it would acquire Synaptics in an all-stock transaction valued at roughly $7 billion. The announcement pushed ON shares down about 7% and lifted Synaptics roughly 10% on the fixed exchange ratio, which embeds a 19% premium. Separately, Rocket Lab rose after winning three dedicated Electron launches from…
Service Properties Trust announced a five-for-one reverse stock split approved by its Board of Trustees, a move that prompted a 5.9% decline in after-hours trading. The split, subject to regulatory approvals, is expected to take effect on or about July 6, 2026, and will reduce the company’s outstanding common shares from roughly 647.7 million to ab…
S&P Global Ratings has moved Jane Street Group LLC's outlook to positive from stable and affirmed the firm's 'BB' issuer credit and senior secured debt ratings. The agency said the outlook revision reflects the potential for a ratings upgrade within 12-24 months if Jane Street's recent franchise growth and diversification produce more stable revenu…
