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.
30,116 total articles
Yorkville International Capital Corp. has priced an initial public offering of 20,000,000 units at $10.00 apiece, raising $200 million. The units are scheduled to begin trading on the Nasdaq Global Market under the ticker YICCU on June 16, 2026, and the offering is expected to close on June 17, 2026, subject to customary closing conditions. Each un…
ConocoPhillips is poised to sign a contract with Syria's government to develop existing gasfields and search for new reserves in partnership with Novaterra Energy and the state-owned Syrian Petroleum Company. The deal, expected this week according to reporting citing two people familiar with the matter, follows a memorandum of understanding signed …
Mondelez International appointed Amit Banati as its new chief financial officer, effective July 1. Banati succeeds Luca Zaramella, who moved to chief operating officer earlier this year after more than eight years as the company's finance chief. Banati brings long-tenured CFO experience at Kellogg and Kellanova, most recently serving as CFO at Kenv…
Danone, parent of U.S. yogurt brand Dannon, has filed a complaint in Manhattan federal court accusing Chobani of misrepresenting the protein content of its Chobani 20G Protein multi-serving tubs. Danone says Chobani inflated serving sizes to claim higher protein per serving and positioned the product as a rival to Danone’s Oikos Pro. The suit seeks…
Huntington Ingalls Inc. has received a $44.1 million modification from the U.S. Department of War to fund supplemental work on the USS John C. Stennis (CVN 74) Refueling Complex Overhaul. The contract change, which includes a schedule performance incentive, will be executed at the Newport News Shipbuilding yard with an expected completion in Octobe…
Mexico's benchmark S&P/BMV IPC closed higher, supported by gains in industrial and consumer-oriented stocks. Airport operators posted the session's largest advances, while select consumer and exchange names lagged. Commodity markets were mixed with gold rallying and U.S. crude diving, and the peso showed minor moves against the dollar and euro.
Raytheon Co. has been awarded a not-to-exceed $57.9 million repair delivery order by the U.S. Department of War to service components of the F/A-18 Aircraft System. The order covers 480 individual repairs across 15 weapon repairable assemblies, carries a two-year base performance period from June 2026 through June 2028, and will be executed in McKi…
Lockheed Martin has been awarded a $223,943,975 contract modification from the U.S. Department of War to provide engineering design, development and production support for sonar systems. The cost-plus-incentive-fee modification exercises options under an existing contract and covers purchases for the U.S. Navy and the government of Canada through t…
Russian equities closed higher on Monday, with the MOEX Russia Index rising 1.07% as gains in the Mining, Power and Manufacturing sectors led the market. Unipro PJSC, AK ALROSA PJSC and Bank VTB PJSC were the session's strongest performers, while TATNEFT shares and PIK SHb PJSC finished among the biggest decliners. Broader market breadth was positi…
Dell Federal Systems L.P. won a $1,437,934,084 firm-fixed-price call order from the U.S. Air Force to renew the Microsoft Enterprise License Agreement. The sole-source award covers Microsoft 365 E3/E5 and F-series enterprise licenses, software assurance and related subscription services, with work to be carried out in Round Rock, Texas and other lo…
S&P Global Ratings upgraded Viavi Solutions Inc. to BB from B+ after the company used proceeds from a $575 million common stock offering in May 2026 to repay all outstanding borrowings under its term loan B. The ratings firm also increased the issue-level rating on Viavi's senior unsecured debt to BB, with a recovery rating of 3, reflecting a m…
Kikkoman Corp. is planning its first manufacturing facility in India, part of a broader push by Japanese condiment manufacturers to expand operations in the country. The soy sauce maker's move comes alongside Kagome Co.'s efforts to boost local sourcing for its pizza sauce production, as both companies seek growth opportunities outside Japan.
Centene has introduced a voluntary buyout program for employees after a year of notable losses in its health plan membership tied to weakening enrollment in its Affordable Care Act offerings. The company reported a decline in commercial revenue and said the expiration of pandemic-era subsidies has created uncertainty for future enrollment.
Intellia Therapeutics shares leapt in after-hours trading following publication and presentation of Phase 3 HAELO trial data for lonvo-z, its CRISPR-based one-time therapy for hereditary angioedema (HAE). The dataset, released June 13 and published in the New England Journal of Medicine, showed large reductions in attack frequency and prompted bull…
Qualcomm is reportedly engaged in active talks to buy Tenstorrent, a startup that develops chips for artificial intelligence workloads. The contemplated purchase price is between $8 billion and $10 billion, a premium over Tenstorrent's latest valuation. Negotiations could change the final terms or fail to produce a deal, and it is not yet clear whe…
Shares of PN Smart Energy Limited (NASDAQ: PN) rose 3.6% in after-hours trading following the company's formal rebranding from Skycorp Solar Group Limited, effective June 12, 2026. The change, approved by shareholders at an extraordinary general meeting on June 10, 2026, accompanies a strategic shift toward developing clean power stations, critical…
ARK Invest's venture fund participated in Hydra Host's $100 million Series A, backing the Boulder-based startup's marketplace that aggregates GPU capacity from providers across more than 50 data centers. The round, led by Kindred Ventures and including NVIDIA and a range of strategic and financial investors, will fund international expansion of GPU…
U.S. stock benchmarks ended higher on Monday, with the Dow Jones Industrial Average closing at a fresh record and the Nasdaq Composite outpacing peers. Technology, Consumer Services and Industrials provided the largest upward contributions. Several large-cap names climbed, while energy and select healthcare and communications stocks weighed on the …
The S&P/TSX Composite closed at a fresh all-time high on Monday, rising 0.97% as gains in the Materials, Information Technology and Consumer Discretionary sectors outpaced declines in select energy and industrial names. Market breadth was positive with more advancers than decliners, while commodity moves were mixed: gold rallied sharply and oil fel…
Brazil's Bovespa closed down 0.42% on Monday with losses concentrated in the Consumption, Financials and Real Estate sectors. Volume across the exchange produced more advancing issues than decliners, even as some large-cap names recorded notable declines. The CBOE Brazil ETF Volatility retreated, while commodities showed mixed moves: gold and coffe…
Adaptive Biotechnologies' stock fell 9.2% in after-hours trading after the company revealed a private offering of $250 million in convertible senior notes due 2031, with an option for an additional $37.5 million. Proceeds will fund repayment of an OrbiMed Purchase Agreement, capped call transactions, potential stock buybacks to limit dilution, and …
Shares of Macerich Company fell 2.4% in after-hours trading following the company's announcement of an underwritten public offering of 14 million common shares. Goldman Sachs & Co. LLC will act as lead bookrunner, and Macerich plans to enter forward sale agreements that will delay issuance of shares and the receipt of net proceeds until settlement,…
Global Equities Research has issued a comprehensive bullish case for Intel (INTC), assigning a $200 near-term price target and forecasting a long-term valuation of $5 trillion. The thesis hinges on a shift in AI workloads from training to inference and on Intel's next-generation 18A processors powering edge and laptop AI. The firm also claims a mul…
Dave & Buster’s Entertainment shares declined about 5.0% in afternoon trading as the chain approaches its first-quarter 2026 earnings report scheduled after the market close. Investors appear to be trimming positions ahead of the release following a prior quarter that produced flat revenue of $529.6 million but missed key adjusted operating income …
Fiserv shares plunged more than 10% after the company said CEO Mike Lyons would leave immediately to lead Truist Financial Corporation and Takis Georgakopoulos would take over as CEO and join the board the same day. The swift leadership change, together with unchanged 2026 guidance and heavy bearish options flow, pushed the stock to a new 52-week l…
