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.
29,998 total articles
Fortescue has been named in a class action lawsuit that accuses the company of pervasive sexual harassment at its remote mining operations. The suit, lodged by law firm JGA Saddler, presents 45 firsthand accounts and follows similar legal actions against Rio Tinto and BHP. Company and industry statistics cited in corporate reports show differing tr…
BMO Capital Markets raised its price target on Take-Two Interactive to $285 from $280 and kept an outperform rating after the company set an $80 base price for Grand Theft Auto VI. The brokerage raised its fiscal 2027 bookings estimate to $10.65 billion, citing the higher launch price and confidence in sustained demand despite fewer premium edition…
Kioxia's stock climbed 7.4% to ¥99,330 on Thursday after Micron Technology posted quarterly results and guidance that beat analyst expectations, reinforcing the view that AI-related demand for NAND memory remains strong. The rise came after a sharp sell-off earlier in the week that hit Japanese and South Korean markets and pushed several memory sup…
Shares of Samsung Electronics and SK Hynix climbed sharply after Micron Technology reported record quarterly results and issued a stronger-than-expected outlook, signaling persistent demand for memory used in artificial intelligence systems. Micron’s guidance, a $22 billion slate of customer commitments and a roughly 12% after-hours jump helped lif…
SK Hynix rallied sharply, climbing 9.0% to ₩2,811,000 after filing to raise about $29.4 billion via an American Depositary Receipt offering on Nasdaq, with a potential trading start as early as July 10. Management said the listing would help the market properly assess the company's corporate value and broaden its investor base, while market moves w…
South Korea's benchmark KOSPI saw trading briefly interrupted after a rally in major semiconductor names vaulted the index more than 5% at the market open. The Korea Exchange activated a buy-side sidecar, suspending program trading for KOSPI-listed shares for five minutes. Gains were led by Samsung Electronics and SK Hynix, which rose following str…
U.S. stock index futures climbed notably in late trading after Micron and Qualcomm issued upbeat guidance tied to artificial intelligence demand. The move followed a mostly negative regular session marked by a sharp pullback in technology names earlier in the week. Traders now look to upcoming PCE inflation and GDP data for further direction on int…
A high-octane fundraising drive for startups in China’s designated "future industries" - including space, quantum technology, nuclear fusion and advanced AI - is drawing heavy venture capital flows and lifting valuations rapidly. Government guidance and new listing rules have accelerated investor appetite, but rapid price inflation for early-stage …
Shares of major semiconductor companies jumped late Wednesday after Micron Technology and Qualcomm issued forecasts that suggested stronger-than-expected demand tied to AI infrastructure. The moves sparked roughly $400 billion in market-value gains across chip stocks, as investors reacted to Micron's upbeat quarterly outlook and Qualcomm's projecti…
General Motors said it will add 3.5 billion reais to its investment program in Brazil, lifting total planned spending to 10.5 billion reais through 2028. The funds are targeted chiefly at operations in Sao Paulo state and will support Chevrolet model refreshes, hybrid vehicle production, factory modernization and expanded engineering and manufactur…
Mexico City-based Grupo Financiero Banorte raised $1.35 billion in international markets via the sale of perpetual additional tier 1 (AT1) notes split into two tranches. The issue, which management described as timed to an opportunistic window, comprises a $600 million tranche callable after 6.5 years carrying an 8.0% coupon, and a $750 million tra…
Sky has agreed terms to acquire ITV’s broadcast and streaming arm for £1.6 billion, with ITV set to take over Sky’s Love Productions as part of the package. The arrangement, which includes a performance-linked earn-out, has moved forward in recent days and is being finalized by legal teams. Market participants say a formal announcement could arrive…
Lockheed Martin has been awarded three contract actions from the U.S. Department of War totaling about $205.5 million. The awards include a large modification for HH-60W spare parts that adjusts cumulative contract value, a funds add on for long-range radar support and spares, and an undefinitized contract action for AH-64 Apache sensor logistics a…
Shares of NETSTREIT Corp. rose in after-hours trading after S&P Dow Jones Indices said the company will be added to the S&P SmallCap 600, replacing ProAssurance Corp. The move is effective before trading opens on Monday, June 29, and follows the pending cash acquisition of ProAssurance by The Doctors Company. Inclusion in the index typically draws …
Huntington Ingalls Industries received a $44.1 million cost-plus-incentive-fee modification to an existing Navy contract to complete supplemental work on the CVN 74 Refueling Complex Overhaul for the USS John C. Stennis. Newport News Shipbuilding will carry out the work at its Newport News, Virginia facility, with a projected completion date of Oct…
Mexico's benchmark S&P/BMV IPC ended Wednesday's session down 0.85%, driven by losses in the Industrials, Consumer Goods & Services and Consumer Staples sectors. A handful of stocks rose, led by Sigma Foods, while miners and consumer-facing groups recorded some of the sharpest declines. Commodities and currency moves accompanied the equity weakness…
Colombian equities closed lower on Wednesday as the COLCAP slipped 3.24%. Losses concentrated in the Financials, Investment and Public Services sectors drove the decline. Etb led gains with a strong single-session advance and a new 52-week high, while Cementos Argos Pf, Interconnection Electric SA ESP and Mineros SA recorded the largest declines. C…
The Pentagon announced that Raytheon Co. has been awarded a $398.7 million contract to support Advanced Medium Range Air-to-Air Missile (AMRAAM) D4/C9 system requirements and preliminary design review activities. The cost-plus-fixed-fee and cost-reimbursement undefinitized award will fund proof-of-design and proof-of-manufacturing work to be done i…
Micron Technology reported an all-time quarterly revenue high and earnings that substantially exceeded analysts' expectations, triggering a strong after-hours surge across memory and broader semiconductor stocks. The company posted fiscal third-quarter 2026 revenue of $41.46 billion and EPS of $25.11, both well above consensus, while exchange-trade…
Russian equities closed sharply lower on Wednesday, with the MOEX Russia Index dropping 4.25% to a new three-year low. Losses were broad-based across key resource and utility sectors. Volatility rose sharply and commodities posted mixed moves, with gold and crude oil weaker and Brent slightly higher.
President Trump on Wednesday said the U.S. Department of Justice is conducting an inquiry into ExxonMobil, Chevron and other oil companies to determine whether gasoline prices at the pump remain inflated despite a large release of oil reserves. The president accused the companies of "gouging" customers and said they have not lowered retail gasoline…
After regular trading, Micron Technology jumped on strong quarterly results and aggressive forward revenue guidance, lifting some peers. Qualcomm gained following an investor day that outlined a push into data centers and automotive, while JPMorgan climbed after passing Federal Reserve stress tests and announcing a dividend increase and a large sha…
A company linked to billionaire Ira Rennert has reached a $150 million U.S. settlement with 1,373 Peruvian plaintiffs who alleged childhood poisoning by lead and other toxic substances from a smelter in La Oroya, lawyers said. The agreement with Doe Run Resources, part of the Renco Group, was disclosed in St. Louis federal court as the first of fou…
eXoZymes Inc. announced it has been awarded a $2,028,518 Phase IIB Small Business Innovation Research grant from the National Institute of General Medical Sciences, part of the National Institutes of Health. The funding, slated to start July 1, 2026, will back the company’s efforts to manufacture rare cannabinoids and develop cannabinoid analogs us…
U.S. equities closed mixed Wednesday, with the Dow Jones Industrial Average advancing 0.36% while the S&P 500 slipped 0.09% and the Nasdaq Composite fell 0.43%. Strength in Industrials, Consumer Services and Healthcare supported gains, but losses in Telecoms, Oil & Gas and Basic Materials weighed on broader indices. Several individual stocks produc…
