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.
29,999 total articles
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…
Canada's S&P/TSX Composite ended the trading day lower, dragged down by losses in the Materials, Energy and Telecoms sectors. The benchmark fell 0.55% as a handful of large-cap winners contrasted with steep declines among select miners. Oil and gold futures slipped, while the S&P/TSX 60 VIX ticked higher.
Brazil's main equity index closed lower on Wednesday, with the Bovespa finishing down 0.44% in Sao Paulo. Losses were concentrated in the Basic Materials, Electric Power and Telecoms sectors. While select names rallied—led by C A Modas SA—steelmaker Companhia Siderurgica Nacional slid to five-year lows. Commodity markets registered notable moves, i…
Executives and analysts at a major lithium conference said expanding demand for stationary battery storage - fueled in part by artificial intelligence and grid resilience projects - is helping offset weaker electric vehicle sales in some regions. Speakers argued the market is rebalancing after a period of overproduction and urged governments to sup…
Jefferies Financial Group reported a more than twofold increase in second-quarter profit, driven by stronger fees from advisory work and equity underwriting. The results provide an early read on investment banking activity in the quarter, with dealmaking remaining robust across technology, healthcare and utility and energy sectors.
Taysha Gene Therapies said it has begun an underwritten public offering of common stock and pre-funded warrants totaling $200 million, a move that coincided with an 8.5% decline in the company's shares in after-hours trading. The company intends to give underwriters a 30-day option to buy up to an additional 15% of the shares, and the offering rema…
Identiv Inc. agreed to transfer its IoT operating assets, including a German R&D facility and its Thai subsidiary, to Trackonomy Systems in exchange for $50 million of preferred equity. As part of the arrangement, Identiv will contribute $25 million in cash to Trackonomy to support integration and capital expenditures. The company said it will rema…
JPMorgan Chase and Goldman Sachs said their boards intend to raise quarterly common dividends and pursue share repurchases following the Federal Reserve's 2026 stress test results. JPMorgan proposed a rise to $1.65 per share and a $50 billion buyback program; Goldman Sachs proposed raising its dividend to $5.00 per share. Both firms will maintain t…
Qualcomm unveiled its Dragonfly C1000 data center CPU and disclosed a multi-generation supply agreement with Meta at Investor Day 2026 in New York City. The company also plans an approximately $4 billion all-stock acquisition of AI software firm Modular. Markets reacted cautiously, with Qualcomm shares falling amid concerns about near-term dilution…
Ryman Hospitality Properties Inc. has engaged Morgan Stanley & Co. to gauge interest in a possible sale of its 70% holding in Opry Entertainment Group, the company that runs the Grand Ole Opry House and the Ryman Auditorium. A transaction is being explored, but a sale is not assured. Ryman's hotel and convention properties, including Gaylord Opryla…
Alibaba Group's shares dropped about 3% following allegations from AI startup Anthropic that actors connected to the company's Qwen AI lab ran an extensive operation to scrape interactions from Anthropic's Claude models. Anthropic reported a concentrated campaign using nearly 25,000 fraudulent accounts and tens of millions of exchanges from April t…
Microchip Technology shares slid in afternoon trading, pressured by a cautious note from J Capital Research, sizeable insider selling over the past three months, elevated valuation concerns and a broader risk-off mood in semiconductor stocks ahead of a major industry earnings report. The stock dropped to an intraday low before a partial rebound, re…
Microchip Technology’s stock fell after a short seller released a report questioning the durability of the company’s data center expansion, citing shrinking data center revenue over several years, capex that trails depreciation, and a small data center business relative to peers. The report also highlighted customer losses and skepticism about whet…
Google has postponed the commercial release of its Gemini 3.5 Pro artificial intelligence model from June to July. The company is using the extra time to collect feedback from early testers and to incorporate insights from its Flash model. The model was previewed at the I/O developer conference in May, where the CEO had said it would arrive "next m…
Shares of U.S. homebuilders climbed sharply after Congress approved legislation designed to accelerate the construction and availability of affordable housing. The PHLX Housing Index rallied, hitting its highest intraday level since February 25, while major builders recorded sizable one-day gains. Analysts say the bill's immediate impact may be lim…
Two senior researchers who played pivotal roles in Google’s Gemini AI project are departing Alphabet to join Anthropic, according to a Wednesday report from Bloomberg News citing people familiar with the matter. The exits come amid a broader wave of high-profile departures that investors fear could weaken Google’s position in the generative AI race…
Attorneys for Indian billionaire Gautam Adani have formally requested that a U.S. federal judge dismiss criminal charges against him, following the Justice Department's recent decision to cease its prosecution. The 2024 indictment alleged bribery related to approval for a solar project and misleading statements to U.S. investors; defense counsel ar…
Options volume in Take-Two Interactive Software Inc. climbed to 33,800 contracts by 2:10 p.m. New York time on Wednesday, with call activity surpassing put trades. The largest single trade was the July 17, 2026 $300 call, while notable put volume concentrated in late-July near-the-money strikes. A calendar spread in $185 puts also contributed a siz…
Sony Pictures Entertainment is investing $100 million as lead investor in Cosm's Series C round, acquiring a minority stake and positioning the studio to extend its intellectual property into Cosm's dome venues. Cosm, which projects live events onto curved LED screens using its Shared Reality platform, has opened three sites and plans additional U.…
Qualcomm is expected to use its investor day to outline an accelerated push into AI data center processors and related chips as smartphone market pressures grow. The company plans to begin shipments of data-center AI processors by year-end and is developing CPUs, inference accelerators and custom ASICs with customers. Analysts warn the market is hi…
Gores Holdings XI, Inc. priced and closed an initial public offering of 35,880,000 units at $10.00 per unit, producing gross proceeds of $358.8 million before underwriting discounts, commissions and other expenses. The offering included a full exercise of the underwriter's over-allotment option. Units started trading on the Nasdaq Global Market on …
Traders face a concentrated set of high-impact reports on Thursday, June 25, 2026, centered on GDP, the Fed-preferred Core PCE Price Index, Initial Jobless Claims and Durable Goods Orders. A presidential address the prior evening adds an additional variable for sentiment. The bundle of releases will touch growth, inflation, labor and manufacturing …
The family of 76-year-old Martha Avila has filed a wrongful death suit against Tesla and the driver of a Model 3, saying the car's automated driving systems were defective and that the company failed to warn users. The crash in Katy, Texas on June 19 left Avila dead and prompted scrutiny from federal safety investigators who have long investigated …
Cerebras Systems Chief Executive Andrew Feldman told CNBC that investors misinterpreted the chipmaker's margin guidance after the stock fell more than 17% following the company's first quarterly report as a public company. Feldman reiterated that management is ahead of the plan presented at the start of 2026 and stressed customer commitments from O…
Europe’s aviation safety regulator has mandated inspections of 16 Airbus A380 aircraft following the discovery of cracks in wing spars that may affect structural integrity. Five jets must be checked before their next flight and the remainder within 25 flight cycles. Airbus is supporting inspections on a smaller group of aircraft with similar operat…
