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.
30,007 total articles
Wendy’s has named industry veteran Steve Cirulis, 55, as its new chief financial officer effective immediately. The move replaces Ken Cook, who will stay on as an adviser through July to support the handover. The appointment follows last month’s elevation of Robert Wright to president and CEO and comes as the fast-food chain contends with weak dema…
Morgan Stanley upgraded CDW to Overweight and revised upward its outlook for several IT hardware vendors, citing unexpectedly resilient enterprise server demand. The bank raised its 2026 global server market forecast to $809 billion, expects growth to extend into 2027, and increased price targets for CDW and TD Synnex while lifting revenue and earn…
Robinhood Markets announced a private placement of $2.0 billion aggregate principal amount of 0.00% convertible senior notes due 2029, priced to qualified institutional buyers, prompting a roughly 6% premarket decline in the stock. The company expects net proceeds near $1.97 billion and outlined specific allocations, including a $290 million simult…
Walmart has entered two 15-year contracts with Constellation Energy to purchase roughly 176 megawatts of nuclear-generated electricity from the Dresden Clean Energy Center in Illinois to power a new perishable distribution facility under development in Belvidere. The contracts, beginning in 2029 and 2030, include 30 megawatts of additional output c…
Meta Platforms unveiled a set of lower-priced AI-equipped smart glasses made with EssilorLuxottica. Two baseline models, Adventurer and Fury, carry a $299 price tag while a Kylie Jenner-designed Starfire model is priced at $399. The frames include Meta's Muse Spark AI, adjustable nose pads, and a range of frame and lens options, and are positioned …
Goldman Sachs' equities trading arm is on track to post more than $5 billion in revenue for the second quarter, a performance that executives believe could exceed the $5.3 billion generated in the first quarter. The bank attributes the strength to higher trading and financing volumes in Asia and significant hedge-fund interest in investments tied t…
Cardinal Infrastructure Group’s stock slid sharply in pre-market trade after the company disclosed an underwritten public offering of 3,750,000 Class A shares priced at $79.02 each, plus a 30-day option for underwriters to buy up to 562,500 additional shares. The transaction, which could result in roughly 4.3 million new shares issued by the compan…
Gorilla Technology Group (NASDAQ:GRRR) saw its shares rise 7% Tuesday after securing a five-year AI compute infrastructure contract valued at about $2.5 billion with a high investment-grade global technology customer. The agreement calls for deployment at the NeutraDC Batam data centre in Indonesia, beginning with roughly 1,000 B300 GPU servers exp…
Signify shares plunged to an all-time low after management said it would not resume the share repurchase programme announced in 2025 and unveiled a new dividend policy targeting a 40-50% payout ratio of continuing net income. The firm also set 2029 medium-term targets that were broadly in line with or slightly ahead of consensus, but investors reac…
Insider filings made public on Monday highlight several high-value transactions across U.S. listed companies. Notable purchases include acquisitions by the chief executive and chief financial officer at ConnectM Technology Solutions and a preferred-stock buy by Strategy Inc's president and CEO. On the sell side, large blocks from WaterBridge Infras…
Alan Gagloyev, the president of South Ossetia, announced his immediate resignation and said he will take up an advisory role within Russia's presidential administration to help implement a treaty with Russia that he said advances the territory's long-held aim of joining Russia. He has handed over the presidency to his prime minister.
Finland's transport authority says it could approve Tesla's supervised Full Self-Driving (FSD) assistance software ahead of a broader European Union decision expected in October 2026, contingent on supplementary information on key safety assessments. Traficom described its overall view of the system as positive while examining how the technology ha…
Boundless Bio Inc. stock jumped 76.5% in premarket trading after the company and private Serapha Bio Inc. announced a definitive all-stock merger agreement. The combined company will operate under the Serapha Bio name, trade on Nasdaq as AATD, and concentrate development on SERP-01, an investigational in vivo base editing therapy for Alpha-1 Antitr…
Platinum Equity is the only remaining bidder pursuing a 50% stake in Nestle SA's bottled water business after Clayton, Dubilier & Rice left the process. Discussions are ongoing but there is no guarantee a deal will be completed, and key parties have declined to comment. The move is part of Nestle's strategy to concentrate on its core brands under C…
Alphabet's stock slid sharply after several senior figures from its AI organization left for competing firms, stoking investor anxiety about talent competition. Jefferies countered that the departures reflect an industry-wide battle for scarce AI researchers rather than a weakening of Alphabet's position, keeping a Buy rating and a $445 price objec…
Energy Fuels Inc. announced a definitive agreement to acquire rare earth magnet producer Vacuumschmelze GmbH & Co. KG for about $1.9 billion, a transaction that the company says will create a vertically integrated mine-to-magnet platform. The purchase price is to be financed with roughly $718 million in cash, 65.853 million newly issued shares and …
Finland’s transport regulator, Traficom, indicated it could authorize Tesla’s Full Self-Driving (FSD) assistance system before an EU-wide decision expected in October 2026, provided additional technical information is supplied. The system has already received provisional sign-offs in several EU countries while Traficom evaluates specific safety and…
The Tadawul All Share ended lower on Tuesday, down 0.35% at the close, driven by losses in the Industrial Investment, Transport and Media & Publishing sectors. Market breadth favored decliners, with 249 stocks falling versus 61 gainers and 25 unchanged. A handful of names recorded double-digit percentage swings while oil, Brent and gold futures mov…
Armata Pharmaceuticals saw a 7.7% gain in premarket trading after the Department of Defense provided an additional $2.5 million in non-dilutive funding. The award, now totaling $28.7 million, is administered through the Medical Technology Enterprise Consortium and supports late-stage development and Phase 3 readiness activities for AP-SA02, the com…
Allium has closed a $40 million Series B round led by Amplify Partners, with continued backing from Kleiner Perkins and Theory Ventures. The enterprise blockchain data provider reports revenue growth of more than tenfold since its Series A and says it now serves over 150 enterprise customers while standardizing data across 150-plus blockchain netwo…
Backblaze Inc. saw its stock climb 20% following a five-year contract worth $335 million to supply multi-exabyte storage capacity to CoreWeave. The arrangement will integrate Backblaze's HDD-based storage tiers into CoreWeave AI Object Storage, enabling new service tiers via the LOTA distributed cache and supporting multiple stages of the AI lifecy…
Atlantic International Corp saw its stock jump sharply in premarket trading after Seven Stars B.V., operating under the Circle8 Group platform, won a four-year framework agreement with the Dutch Vehicle Authority (RDW) to supply specialized ICT professionals. The award, valued at roughly $52 million, comes on the heels of a separate public sector c…
Piper Sandler upgraded Synopsys to Overweight from Neutral and increased its price target to $550 from $450, pointing to stronger demand for the company's intellectual property as Intel's foundry plans gain traction. The brokerage highlighted possible Apple and Google engagements with Intel, tighter capacity at leading-edge foundries, and modest up…
RBC Capital Markets began coverage of GE HealthCare Technologies with an Outperform rating and an $80 price target, highlighting the company’s ramped R&D since its 2023 separation from General Electric, a record $22 billion backlog, and a pipeline of AI-enabled imaging, diagnostics and software products that the firm says should accelerate revenue …
The Competition Appeal Tribunal in the UK has authorised a collective action by consumer group Which? seeking about £3 billion in damages from Apple related to its iCloud storage service. Which? says Apple used technical restrictions, system prompts and tight integration with iOS devices to limit users' ability to switch to rival cloud providers, h…
