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.
30,009 total articles
The National Transportation Safety Board has launched an investigation into a close call at Boston Logan Airport in which a Delta Air Lines Airbus A319 carried out a go-around while an American Airlines Boeing 737-800 was departing from an intersecting runway. The Federal Aviation Administration is conducting its own probe, and a Senate aviation su…
Ambitious Entertainment has filed to sell 4 million common shares at $4.00 to $5.00 each on the NYSE American, seeking up to $20 million to support a move toward an owner-producer business model centered on influencer-driven projects and production aided by artificial intelligence. The company reported sharply lower revenue and wider losses for 202…
Edgewell Personal Care Co saw its shares climb sharply in after-hours trading after reports that the company declined an unsolicited takeover proposal from Yellow Wood Partners. The offer, valued at $30 per share, was judged by Edgewell's board to be inadequate, and the stock moved above prior closing levels as investors digested the news.
Qualcomm is reported to be close to buying AI chip startup Modular Inc in a transaction that would price the company at about $4 billion, according to people familiar with the situation. The potential purchase would come amid parallel negotiations for Tenstorrent and would form part of CEO Cristiano Amon's broader effort to expand Qualcomm's footpr…
Mexico’s main stock gauge closed lower on Monday, with weakness concentrated in the Industrials, Consumer Goods & Services and Consumer Staples sectors. The S&P/BMV IPC fell 0.86% as the majority of listed stocks finished the session in the red. Volara and Bolsa Mexicana de Valores were among the session’s best performers, while Grupo Televisa, Gen…
IBM said on June 22 it has entered a partnership with OpenAI to bring leading-edge AI capabilities into enterprise security processes. The collaboration, formalized through OpenAI’s Daybreak Cyber Partner Program, will incorporate OpenAI cyber models into IBM’s new application security service and into Project Lightwell, an initiative backed by a $…
California motorists have filed a proposed class action in federal court alleging that several fuel retailers employed an AI-based pricing tool to raise gasoline prices across the state. The complaint claims the conduct breaches the Cartwright Act and Assembly Bill 325, and says the tool, from Kalibrate, led to price increases as large as 30 cents …
Colombia's main stock benchmark, the COLCAP, ended the session down 4.38% after losses were concentrated in the Financials, Investment and Public Services sectors. A handful of large-cap names bucked the trend with double-digit and multi-year gains, while commodity contracts and currency pairs registered mixed moves.
Lockheed Martin Space in Littleton, Colorado, will produce additional missiles for the Army’s Conventional Prompt Strike program under an $83.2 million contract modification issued by the U.S. Department of War. The change funds procurement of All Up Rounds, allocates work across several U.S. locations, and obligates $79.3 million in fiscal 2025 Mi…
Boeing has received a $121,195,041 cost-plus-fixed-fee contract from the U.S. Department of War, awarded by Naval Air Systems Command, to supply retrofit hardware and perform upgrade installations for P-8A maritime patrol aircraft for both the U.S. Navy and the Royal Australian Air Force. The package covers nine A-kits with Increment Three Block Tw…
Russian equities closed notably lower on Monday, with the MOEX Russia Index down 4.53% to a new three-year trough. Broad selling in Oil & Gas, Power and Mining led declines, while the Russian Volatility Index jumped to a six-month high. Several large-cap names hit multi-year or record lows as trading ended.
Kardigan, Inc. completed an initial public offering of 28,750,000 common shares at $16.00 apiece, producing gross proceeds of $460 million before underwriting fees and other expenses. The offering included the full exercise of an underwriters' option to purchase 3,750,000 additional shares. Shares trade on the Nasdaq Global Market under the ticker …
Gloo Holdings, Inc. announced a registration statement for a public offering of its Class A common stock, prompting a 5.7% decline in the company's shares in after-hours trading. The S-1 filing does not disclose the number of shares or pricing. Citizens Capital Markets and Roth Capital Partners are listed as underwriters, and the offering is subjec…
Shares of The Lovesac Company (NASDAQ:LOVE) rose about 7% in after-hours trading Monday after a company director disclosed a large stock purchase. Director Andrew Heyer bought 30,000 shares on June 18 for roughly $440,400, and President Mary Fox also added to her stake with a smaller purchase over the weekend.
Pfizer shares declined in after-hours trading following news that the company’s Phase 3 SigVie-002 study did not show a statistically significant overall survival advantage for sigvotatug vedotin versus docetaxel in patients with previously treated non-squamous non-small cell lung cancer. The clinical setback arrives as the company navigates a CFO …
MacroGenics Inc. saw its stock tick higher in after-hours trade after Sanofi triggered a $24.5 million regulatory milestone payment following FDA accelerated approval of TZIELD for children aged eight to 17 with newly diagnosed stage 3 type 1 diabetes. The approval broadens the drug's labeled use and leaves MacroGenics eligible for additional payme…
Avis Budget Group shares rose sharply in after-hours trading following a $650 million cash settlement from Pentwater Capital Management LP. The payment resolves an SEC-filed legal action under Section 16(b) tied to a volatile short squeeze and a large, rapid share sale in April 2026 that sent the stock tumbling.
President Donald Trump signed executive orders today directing federal efforts to accelerate quantum computing research, ready agencies to adopt quantum-enabled systems, and harden defenses against quantum-enabled cyber threats. Administration officials outlined milestones for a working quantum computer by 2028, deployment of sensors and networks w…
Best Buy shares declined about 3% in after-hours trading after the company announced that Chief Financial Officer Matt Bilunas will step down and leave on July 31. Bilunas, who has been with the retailer for 20 years and served seven years as CFO, oversaw finance, enterprise strategy, procurement, financial services, real estate and omnichannel ope…
TD Cowen has singled out Elanco Animal Health as a leading small- and mid-cap idea for 2026, citing a concentrated new product cycle that includes seven potential blockbuster launches. The firm projects modest revenue gains and stronger EPS growth from 2025 through 2032, and points to recent regulatory and commercial milestones as evidence that Ela…
U.S. equities closed mixed on Monday as gains in Oil & Gas, Healthcare and Industrials supported the Dow Jones Industrial Average, while losses in Consumer Services, Technology and Consumer Goods pushed the S&P 500 and Nasdaq Composite lower. Market breadth showed more decliners than advancers on both exchanges, and volatility and commodity prices …
Canada's benchmark S&P/TSX Composite finished the Monday session up 0.42%, driven by advances in the Materials, Clean Technology and Energy sectors. Alamos Gold, Atkinsrealis Group and DPM Metals ranked among the top performers, while 5N Plus, Parex Resources and MDA Ltd recorded the largest declines. Trading breadth was negative as decliners o…
Brazil's benchmark Bovespa index finished the trading day up 1.21% in Sao Paulo, paced by gains in the Public Utilities, Financials and Electric Power sectors. Leading individual winners included AZZA3, YDUQ3 and TIMS3, while SUZB3, POMO4 and SLCE3 posted the largest declines. Market breadth showed more decliners than advancers, and measures of vol…
Groq said it has raised $650 million in growth capital led by Disruptive and Infinitum, with existing backers reinvesting. The capital will fund deployment of the company’s latest inference stack, including integration with NVIDIA’s LPX system, across Groq’s 13 data centers worldwide and drive expansion toward a 200-megawatt capacity target by the …
Public Storage announced an agreement to acquire Public Storage Canada for roughly $1.2 billion. The deal, financed primarily through Public Storage Operating Partnership Units (OPUs) with a cash component at closing, adds 68 Canadian self-storage properties and is projected to be accretive to NOI and FFO growth as the company implements its PS Nex…
