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.
30,137 total articles
Shares of International Business Machines Co. slid sharply in morning trade after a multi-day rally, as investors digested IBM’s $10 billion-plus quantum computing commitment and a competing development from Microsoft. Valuation concerns, technical overbought readings and mixed analyst signals contributed to a rapid pullback.
India’s securities regulator alleges that Rajesh Exports inflated consolidated revenue by 15.15 trillion rupees ($158.30 billion) over multiple years through unverified overseas entities, primarily naming Switzerland-based Valcambi SA. SEBI has prohibited the company and its owner from participating in securities markets pending the outcome of its …
Uber Technologies Inc. is cutting 23% of positions within its People and Places division as part of a reorganization led by newly promoted president Jill Hazelbaker. The reductions, concentrated among senior roles in human resources, recruitment, workplace facilities and culture, amount to less than 1% of the company’s 34,000 global workforce. Sepa…
Equity markets saw pronounced intraday movement Wednesday, with chip-related names including Marvell Technology and Intel among the strongest performers while firms across payments, enterprise software and a wide swath of small- and mid-cap companies posted declines. The session featured cross-cap volatility, with several large-cap technology and s…
Palo Alto Networks shares slid notably in morning trading after the company reported fiscal third-quarter results that beat expectations and raised full-year revenue guidance. While adjusted EPS and revenue exceeded Street forecasts, investors reacted to concerns over the quality of growth, a GAAP net loss, persistent stock-based compensation, and …
Figma Inc. shares fell 4.5% on Wednesday after a regulatory filing disclosed that CEO Dylan Field sold $4.36 million of Class A common stock through a trust. The sale, executed under a Rule 10b5-1 plan, comes as software stocks broadly retreated and an industry ETF pulled back following a strong monthly gain.
Datadog shares dropped sharply after public filings showed a director sold nearly 38,600 Class A shares across late May and early June transactions and the chief financial officer disclosed a proposed sale of more than 40,000 shares. The insider disclosures, combined with a stretched valuation and weakness across high-growth software names, pushed …
Gorilla Technology's stock tumbled after the company priced $107 million of 7.50% senior unsecured convertible notes due 2031, an issuance markets viewed as a near-term dilutive overhang equal to roughly 18% of its market value. A concurrent SEC filing to expand an existing shelf registration by $17.9 million amplified investor concerns amid a wide…
TAT Technologies Ltd. (NASDAQ:TATT) saw its stock climb 9.6% following disclosure of multiple long-term maintenance, repair and overhaul (MRO) contract awards with international commercial and cargo airline customers totaling approximately $45 million, plus an expected one-time pre-tax gain from the sale of a minority interest.
Oppenheimer told clients that SpaceX’s satellite broadband arm, Starlink, stands to significantly disrupt the U.S. communications market valued at $1.6 trillion. The firm raised its long-range revenue forecast for space to $800 billion by 2035 and increased its 2030 U.S. broadband subscriber estimate for Starlink to 15 million. Oppenheimer warned t…
IREN Ltd shares climbed in morning trade following the company's announcement of a transmission connection agreement for an 800-megawatt data center campus planned in Bundey, South Australia. The site, located about 78 miles northeast of Adelaide, secured four 330-kilovolt feeder exits at a utility substation able to support up to 800MW without req…
Meta Platforms shares climbed roughly 3.0% in morning trading to $615.68 after the company introduced an enterprise-grade AI business agent designed to automate commercial tasks across WhatsApp, Instagram, and Messenger. The move, coupled with an Arete upgrade and a higher AI-related capex projection from Goldman Sachs, helped drive company-specifi…
GlobalFoundries shares climbed in morning trading after the company announced a collaboration between its GF Labs unit and the U.S. Department of Energy’s Genesis Mission, and after completing the acquisition of Synopsys’ ARC Processor IP Solutions business. The moves tie the company more closely to domestic research infrastructure and broaden its …
Medtronic shares rose sharply in morning trading after the company reported fiscal Q4 revenue and earnings that beat internal guidance, recorded its strongest annual revenue growth in ten years, and announced a quarterly dividend increase. Exceptional expansion in Cardiac Ablation Solutions and a clear organic revenue growth target for fiscal 2027 …
The S&P 500 climbed above 7,600 this week, prompting Capital Economics to dissect whether the index’s strong performance since the end of 2022 stems from rising corporate earnings or from investors paying higher multiples. The firm’s chief economic adviser, John Higgins, says the conclusion hinges on the valuation framework used: forward twelve-mon…
USA Rare Earth has signed agreements with the U.S. Department of Commerce that provide access to up to $1.6 billion in CHIPS Act financing to support its plan to construct an integrated domestic rare-earth mine-to-magnet supply chain. The commitments supplement a $1.5 billion private capital raise and follow the company’s announced investments in m…
Shares of Dot Ai Inc (NASDAQ:DAIC) dropped 21.2% Wednesday after the company confirmed it has engaged Cohen & Company Capital Markets to evaluate a spectrum of strategic alternatives, including potential sale, merger, partnerships, financing, or liquidation. The board has not set a timetable and cautioned there is no agreement or assurance that any…
Alphabet disclosed a $84.75 billion capital raise to support expanding artificial intelligence infrastructure as it reported rapid user growth for its Gemini platform and a near doubling of its Cloud backlog to over $460 billion. The announcement included detailed share-and-depositary-share offerings, expected closing dates, and updated notes on ca…
CLPS Inc reported a strategic overhaul of its research and development processes centered on an AI-driven model it calls the AI Rainstorm Factory. Shares rose 5.4% after the company outlined a specification-driven, six-phase framework and disclosed expanded computing infrastructure in Shanghai, Shenzhen, and Singapore with peak capacity up to 15,00…
Airlines are incurring losses as jet fuel prices swing, with only carriers that employ sophisticated hedging strategies able to blunt some of the impact, the International Air Transport Association said. Record-high jet fuel crack spreads, reductions in Middle East export capacity and flight cancellations have combined to compress airline resilienc…
Lixte Biotechnology Holdings Inc (NASDAQ:LIXT) disclosed a $16.6 million registered direct offering that led to a 3.4% decline in its stock price. The deal includes the sale of 2,625,362 shares of common stock and immediately exercisable pre-funded warrants priced at $0.0001, at an offering price of $6.31 per share. The transaction, priced at the m…
Fiat confirmed it will launch two new mid-sized models, the Grizzly and the Grizzly Fastback, in the second half of this year across Europe, the Middle East and Africa. Both cars measure under 4.5 metres, use Stellantis' 'Smart Car' platform, and will be offered with petrol, hybrid and fully electric powertrains. The company said it intends to exte…
Turbo Energy SA ADR (NASDAQ:TURB) saw its stock rise 9% after the company disclosed it raised about $5.0 million and increased shareholders' equity to roughly $6.48 million from $1.88 million as of Dec. 31, 2025. The firm said the capital was secured via a Registered Direct Offering and at-the-market sales in 2026, placing its equity above Nasdaq's…
Meta Platforms introduced a business-oriented artificial intelligence 'Business Agent' at its WhatsApp-focused Conversations conference in London on June 3. The agent brings action-taking capabilities to business messaging across WhatsApp, Messenger and Instagram, and the company is also launching a Business Agent Platform to let firms deploy custo…
Morgan Stanley has moved its Australian consumer industry stance to Cautious, warning that a sharper-than-expected housing downturn could erode discretionary spending through fiscal 2027. The bank lowered same-store sales and margin assumptions for hardware and big-ticket categories in FY27 and cut earnings and price targets for several discretiona…
