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.
30,134 total articles
Finnair is evaluating inflight internet solutions from SpaceX's Starlink and Amazon's Leo, holding talks with several service providers as it aims to formalize a Wi-Fi strategy within the year. The carrier reports robust demand on Europe-Asia routes amid the Middle East war, steady demand to the U.S., and says it has good visibility on summer jet f…
Elon Musk will speak remotely at a private ASML technology conference to outline Terafab, the SpaceX-Tesla chip venture that plans a U.S. factory with an estimated minimum cost of $55 billion. ASML invited him to discuss the project’s goals, including producing 2-nanometer chips and supporting a terawatt of computing power per year, and to explain …
Air New Zealand says hedging and fare increases have only covered 25% to 40% of higher fuel costs, and the carrier is modelling jet fuel near $150 per barrel on the Singapore Jet Index into its 2027 financial year. Management expects no supply shortages but calls the price spike its primary operational challenge and plans a mix of measures if eleva…
Citigroup strategist Scott Chronert lifted the firm's year-end 2026 S&P 500 target to 8100 from 7700, attributing the change to a sharp acceleration in corporate earnings driven by artificial intelligence infrastructure investment. Citi now projects index-level earnings of $350 in 2026 and has a preliminary estimate of $400 for 2027, while cautioni…
Airbus is reportedly poised to win a widebody aircraft purchase from SAS, with the Scandinavian airline weighing a mix of A330neo and A350 jets totaling roughly 15 to 20 aircraft. The deal is expected to be finalized in the coming weeks, with deliveries slated for the early part of the next decade. SAS has prioritized maintaining an all-Airbus wide…
Pfizer presented new clinical data and a development plan for berobenatide, a long-acting GLP-1 receptor agonist acquired through Metsera, reporting sustained weight reductions in Phase 2 trials and positioning the drug as a potential once-a-month option as the company scales Phase 3 studies and prepares commercial manufacturing.
Paramount Skydance Corp (NASDAQ:PSKY) is willing to sell some children’s television networks as a potential remedy to obtain European Union approval for its $110 billion acquisition of Warner Bros. Discovery Inc (NASDAQ:WBD). EU regulators are assessing overlap between Nickelodeon and Cartoon Network and are also examining implications for the thea…
Azul will intensify capacity reductions in response to elevated jet fuel costs tied to the Iran war, prioritizing frequency cuts over removing served cities and concentrating on key hubs to preserve cash and improve aircraft utilization, CEO John Rodgerson said. The carrier, which completed a major debt restructuring and exited Chapter 11 in Februa…
Micron Technology shares fell more than 13% on Friday, deepening a two-session drop that trimmed part of the stock's strong year-to-date gains. Market recalibration after Broadcom's fiscal Q2 2026 report, concerns that retail investors may free up cash for the forthcoming SpaceX IPO, and media reports about potential memory configuration changes at…
Yardeni Research cautions that upcoming mega-IPOs from SpaceX, Anthropic and OpenAI - collectively dubbed the "AI-3" - could dominate investor attention and create intense demand for a very limited public supply of shares. The firm does not view the listings as a broad liquidity threat, noting that the combined capital to be raised is far smaller t…
A U.S. ban on live cattle imports from Mexico, imposed to slow the spread of New World screwworm, has left long-standing Texas feedlots sparsely stocked and forced U.S. beef supply to tighten. At the same time, northern Mexican ranchers and processors are growing feed and packing operations to keep animals and add value domestically, sending more b…
China’s securities regulator is preparing a three-year reform program for the fund management industry aimed at raising long-term returns for investors, reducing fees, and strengthening supervision of market activity. The measures are expected to implement recent State Council guidance on the private fund sector and will sit within a broader "1+N+X…
Global airline executives meeting at the International Air Transport Association (IATA) annual summit in Rio de Janeiro on June 6-8 confront a tightening margin environment as the Iran war pushes up fuel prices and disrupts airspace. Delivery delays from major manufacturers have compelled carriers to keep older, less efficient aircraft flying, comp…
Elon Musk’s SpaceX has prompted a wave of interest from European retail investors as the company considers a sizeable retail allocation in an expected IPO. Platforms across the UK and several European countries are allowing customers to apply for shares in a $75 billion offering, but academics and consumer advocates warn that the company’s $1.75 tr…
Yardeni Research reports mounting signs that the artificial intelligence expansion is spreading from major technology firms into the wider U.S. economy. Labor-market strength, surging small-business job openings, stronger manufacturing readings and rising construction tied to data-center builds point to AI-related demand. However, elevated input co…
Goldman Sachs finds that first-quarter corporate results and consumer spending have left the U.S. economy on a firm footing, driven by broad beats across the S&P 500 and strong real revenue and earnings growth. However, the bank warns that weakening household demand, constrained real incomes, and climbing input costs could weigh on growth later in …
The U.S. Department of State has approved a possible Foreign Military Sale of five MH-60R Seahawk maritime helicopters and associated equipment to New Zealand, a transaction valued at $1.5 billion. The sale supports Wellington’s broader plan to substantially increase defence spending over the coming years and to strengthen homeland defence and prot…
InterPrivate Investment Partners V completed an initial public offering of 20,125,000 units at $10.00 each, raising gross proceeds of $201.25 million following full exercise of the underwriters' over-allotment. The Nasdaq-listed blank-check company will pursue a business combination and plans to leverage the team's private equity, technology and di…
TD Cowen continues to expect the U.S. Securities and Exchange Commission to grant exemptive relief that would allow trading in tokenized equities within months. The pace of the process has been slower than many anticipated, driven primarily by political considerations in Washington and the need to finalize practical regulatory and operational detai…
Netflix confirmed in an SEC filing that Jay Hoag has been named chairman of its board following the annual shareholders meeting on June 4. The appointment follows Reed Hastings' departure from the board, announced in April as a move to focus on philanthropy and other pursuits. Hoag, a co-founder of Technology Crossover Ventures and a long-serving N…
A Los Angeles jury concluded that Johnson & Johnson was not negligent in the sale of talc-based cosmetic powders after trial brought by the families of three women who developed ovarian cancer. The verdict contributes to the company's mixed litigation record as thousands of similar claims remain active.
Boeing is evaluating whether it can expand 737 MAX production beyond its stated target of 63 per month, exploring a potential climb to 70 jets monthly. CEO Kelly Ortberg described the effort as a study to identify constraints and supply chain resilience as the planemaker methodically raises output following a restart in December 2024 and the liftin…
Marvell Technology's shares rebounded in after-hours trade after S&P Dow Jones Indices announced the company will be added to the S&P 500. The move comes at the end of a tumultuous week for the chipmaker, which saw both high-profile praise and sharp intraday selling. Flex Ltd. will join the index alongside Marvell, while Pool Corporation and Campbe…
Marvell Technology will be added to the S&P 500 later this month after S&P Dow Jones Indices confirmed the company met a key profitability requirement. The inclusion follows a surge in Marvell's shares driven by AI-related demand and recent GAAP profitability, and will replace PoolCorp on the benchmark prior to trading on June 22.
Mexico's benchmark stock gauge, the S&P/BMV IPC, fell 1.86% to a one-month low at the close on Friday as losses in Industrials, Consumer Goods & Services and Consumer Staples pressured the market. More stocks fell than rose, with notable drops among mining and aviation names while a handful of beverage and real estate names posted small gains. Comm…
