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.
30,121 total articles
Shares of Spruce Biosciences Inc (NASDAQ:SPRB) climbed 3.2% in after-hours trading Monday after the company disclosed long-term data for its tralesinidase alfa enzyme replacement therapy (TA-ERT) in Sanfilippo Syndrome Type B (MPS IIIB) and received a fresh analyst initiation. The data, presented at the 18th International MPS & Related Lysosomal Di…
Perrigo Company plc said its president and CEO, Patrick Lockwood-Taylor, resigned effective immediately after the board concluded certain personal conduct conflicted with the company's Code of Conduct and core values. The company appointed board member Albert A. Manzone as interim president and CEO and reiterated its full-year 2026 financial outloo…
U.S. equities closed with a split tape on Monday as gains in Oil & Gas, Consumer Goods and Technology helped lift major indices even as Utilities, Basic Materials and Financials weighed on the market. The Dow Jones Industrial Average ended lower, while the S&P 500 and NASDAQ Composite posted advances. Market breadth diverged between the NYSE and Na…
Canadian equities closed higher on Monday with the S&P/TSX Composite up 0.19%, supported by strength in Energy, Information Technology and Financials. Notable winners included Birchcliff Energy, Badger Infrastructure Solutions and 5N Plus, while Seabridge Gold, goeasy and Bausch Health were among the heaviest decliners. Market breadth was mixed and…
Brazil's Bovespa closed lower on Monday, slipping 0.21% to a new three-month low as losses in Financials, Electric Power and Consumption sectors outpaced gains. Market breadth favored decliners, volatility measures rose and several commodities moved in mixed directions during the session. Several individual stocks recorded notable intraday moves an…
AstraZeneca said its experimental obesity pill elecoglipron produced a 10.5% reduction in body weight after 26 weeks in a mid-stage trial, with the highest once-daily dose delivering 11.8% weight loss after 36 weeks. The company disclosed the data at the American Diabetes Association meeting in New Orleans and previously announced in February that …
Salesforce has agreed to acquire m3ter, a metering and rating provider designed for consumption-based monetization. The purchase will expand Agentforce Revenue Management with enterprise-scale mediation and near real-time metering, enabling customers to configure and automate usage-based billing across CRM, ERP and quote-to-cash systems. The transa…
Shares of Ideaya Biosciences fell 7.9% in after-hours trading following the company's announcement that it intends to conduct an underwritten public offering of common stock and warrants, raising up to $300 million, with an additional 30-day underwriter option for $45 million. The company said the offering is subject to market and other conditions …
STAK Inc. said it signed a memorandum of understanding to create a majority-owned U.S. subsidiary focused on modular gas-to-electric power systems for artificial intelligence data centers and other energy-intensive applications. The announcement sent STAK shares up about 20% in after-hours trading. The unit will be incorporated in Delaware, operate…
Applied Digital said it has reached a 15-year take-or-pay lease for 210 MW of capacity at its Delta Forge 2 AI data center campus with a U.S.-based, high investment-grade hyperscaler. The base-term contract is valued at roughly $5.2 billion and could rise to about $12.7 billion if renewal options are exercised over a 30-year term. The announcement …
Tango Therapeutics said it will offer $500 million in public equity, prompting a roughly 2% decline in its shares during after-hours trading. The company will sell all shares in the planned offering, and underwriters may buy up to an additional $75 million of stock within 30 days. The offering remains subject to market conditions and may not be com…
A private credit vehicle managed by Blue Owl Capital has completed a $500 million, investment-grade bond placement, according to a person familiar with the matter. The notes were issued by Blue Owl Credit Income Corp (OCIC), priced to yield a spread of 255 basis points over U.S. Treasuries with a reoffer price below par. Proceeds are earmarked to r…
US Treasury yields moved unevenly on Monday, with two-year yields pulling back from a 15-month high reached on Friday after stronger-than-expected jobs figures. The employment report increased market odds that the Federal Reserve will raise interest rates before year-end, as fed funds futures now place a 68% probability on a December hike. Rising o…
Apple introduced a major overhaul of Siri and broadened AI-driven features across its apps at its Worldwide Developers Conference, unveiling Siri AI, expanded Apple Intelligence powered by updated foundation models, new child-safety tools, advanced photo-generation and editing capabilities, and refinements to its Liquid Glass design. Siri AI will e…
Google announced a reduction in the monthly fee for its AI Plus subscription to $4.99 from $7.99 and increased included cloud storage from 200 gigabytes to 400 gigabytes. The new price will apply at the next renewal for current subscribers, while the storage uplift is being rolled out over the coming days. The plan provides access to AI-powered pro…
Zevra Therapeutics stock climbed sharply during afternoon trading after Cantor Fitzgerald raised its price target from $24.00 to $34.00 while maintaining an Overweight rating. The move, which represented a 41.7% increase in the analyst price benchmark, coincided with the company’s strong Q1 2026 earnings and revenue beat and an Orange Book listing …
Vale SA's chief executive, Gustavo Pimenta, told Bloomberg that global demand for critical minerals has held up despite conflict in the Middle East. The Brazilian miner has seen wider margins even as disruptions in the Strait of Hormuz raised fuel and freight costs. Vale has postponed restarting an Oman pellet complex until logistical conditions im…
Aclara Resources shares ticked higher after reports the company is engaged in discussions with the US International Development Finance Corporation about potential support for its Chilean rare-earth project. Management seeks to mirror a prior DFC arrangement used in Brazil, while advancing permitting, financing and customer talks tied to a planned …
The U.S. Department of Defense released an updated roster of Chinese companies it says qualify as supporting China’s military, adding household technology names and advanced chipmakers. The revision echoes a briefly posted February list with the reinstatement of top memory-chip makers and the inclusion of robotics, biotech and automotive firms. Whi…
ISS recommended Warner Bros. Discovery shareholders vote against executive compensation packages tied to the proposed $110 billion merger with Paramount Skydance, citing outsized potential payouts for CEO David Zaslav and a perceived misalignment between pay and performance. The adviser also urged shareholders to withhold support for five compensat…
PAI Partners has pulled out of the auction for a stake in Nestle SA's water division, which includes brands such as Perrier and S.Pellegrino, according to people with knowledge of the process. Clayton, Dubilier & Rice and Platinum Equity remain bidders for a 50% interest, while KKR exited the race in recent weeks. Nestle announced plans to separate…
Zepto Limited filed an updated draft prospectus on Sunday for an initial public offering that could raise as much as 80 billion rupees ($836 million) through issuance of new shares. Existing investors have also signalled plans to sell 113.47 million shares via an offer-for-sale. The filing details the company’s operating model, promoter structure, …
Amazon sold C$14 billion ($10 billion) of investment-grade, senior unsecured notes in Canada today, the largest-ever corporate bond transaction denominated in Canadian dollars. The offering comprised five maturities from three to 30 years and drew roughly C$28 billion of investor orders. The longest tranche was priced about 1.10 percentage points o…
Options trading in Krispy Kreme Inc. accelerated to 6,280 contracts by 2:31 p.m. New York time on Monday, with call volume at 3,576 contracts and put volume at 2,704 contracts, according to exchange data compiled by Bloomberg. Activity was concentrated in a small number of strikes, led by the January 15, 2027 $2.50 put and several June and July 202…
Bank of America convened 37 semiconductor management teams at its 2026 Tech Conference and reported consistently strong demand across AI compute, data-center networking, software platforms and capital equipment. While supply is expanding rapidly, participants told the bank that it still falls short of meeting demand, with analog cyclicality improvi…
