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.
3,904 total articles
Most Asian equity markets advanced, led by a near 3% surge in South Korea's KOSPI to a record 5,515.8 as chipmakers rallied on AI-related demand. Japanese shares hit a historic peak above 58,000 before settling, buoyed by so-called "Takaichi trade" optimism. Strong US nonfarm payrolls for January and a lower-than-expected unemployment rate capped g…
Four Democratic-led states filed suit in federal court seeking to prevent the Trump administration from terminating $600 million in public health grants administered by the CDC. The states argue the cuts undermine disease monitoring, outbreak response and emergency planning and are driven by political animus over unrelated policy disputes.
A rapid rise in IPO applications in Hong Kong has put pressure on Chinese investment banks, prompting the securities regulator to warn a group of lead sponsors about shortcomings in application quality and to limit how many deals a single signing principal can handle concurrently. The move highlights a growing talent squeeze as domestic banks expan…
The U.S. Department of Commerce's Bureau of Industry and Security has imposed a $252.5 million civil penalty on Applied Materials for alleged illegal exports of advanced chipmaking equipment to China. BIS cited 56 violations tied to shipments or attempted shipments to Semiconductor Manufacturing International Corp (SMIC) from 2020 through 2023. App…
The Federal Trade Commission has flagged concerns to Apple about claims that Apple News disproportionately promotes articles from liberal publications while sidelining conservative U.S. outlets. In a letter to Apple’s CEO, the FCC chair said the commission lacks authority to force a company to adopt political positions but warned that practices inc…
Origin Energy raised its fiscal 2026 underlying EBITDA guidance for its Energy Markets unit and saw its stock rise, even as the group's statutory profit for the six months to Dec. 31 declined versus the prior year. The upgrade was driven by stronger electricity gross profit and continued cost discipline, while weaker contributions from Integrated G…
Three additional U.S. investors have formally notified South Korea that they will pursue arbitration by joining a prior claim brought by Greenoaks and Altimeter alleging discriminatory treatment of Coupang following a major consumer data breach. The move escalates legal pressure on Seoul and coincides with growing trade and political tensions betwe…
WhatsApp says Russian authorities attempted to fully block its service as Moscow advances domestic alternatives and tightens control over online communications. Officials are promoting a state-backed app called 'MAX' while limiting foreign platforms and pressing them to comply with local legislation. Russian officials say compliance will determine …
Novocure's Optune Pax device received U.S. FDA approval for treating locally advanced pancreatic cancer in combination with gemcitabine and nab-paclitaxel. The decision, grounded in results from the Phase 3 PANOVA-3 trial of 571 patients, coincided with a sharp rise in the company's stock in extended trading.
The Chinese owners of the Waldorf Astoria in New York City are preparing to market the storied Park Avenue hotel after it completed a lengthy, costly conversion and reopened late last year. The offering would include hotel operations and adjoining retail and amenity spaces while the newly created condominiums are to be sold separately. Ownership an…
ANZ Group Holdings Ltd shares surged to a record A$40.140 after the bank reported a stronger first-quarter cash profit, driven by higher operating income and a marked reduction in expenses as management advances a major productivity program and staffing reduction. The move lifted the ASX 200, and the lender may benefit from recent Australian intere…
U.S. equity futures were largely unchanged Wednesday evening after a subdued regular session, as investors absorbed a stronger-than-anticipated jobs report that trimmed expectations for imminent Federal Reserve rate reductions. Major index futures moved in a narrow band while the S&P 500, Dow and Nasdaq all finished the day near flat. Market at…
Spring Valley Acquisition Corp. IV completed its initial public offering on February 11, 2026, bringing in $230 million before fees and expenses by selling 23 million units at $10 apiece, including 3 million units from the underwriters' full overallotment exercise. Units began trading on the Nasdaq Global Market on February 10, 2026 under the symbo…
A U.S. federal judge ruled that allegations claiming Bank of America turned a blind eye to Jeffrey Epstein’s sex trafficking are sufficient to allow two civil claims to move forward, while dismissing additional counts against the bank and all claims against Bank of New York Mellon. A trial is scheduled for May 11.
ARKO Petroleum Corp., a subsidiary of ARKO Corp., has priced its initial public offering at $18.00 per share for 11,111,111 shares of Class A common stock and has given underwriters a 30-day option to buy up to 1,666,666 additional shares at the same price. The company's Class A shares have been approved to list on the NASDAQ Capital Market under t…
Pentagon technology leaders are pushing major generative AI firms to make their models accessible on classified government networks with fewer vendor-imposed limits. Discussions with companies including OpenAI and Anthropic aim to expand AI use beyond unclassified administrative systems into mission-sensitive environments, but companies and officia…
ASX Ltd said it now expects fiscal 2026 expenses to rise 20%-23%, up from prior guidance of 14%-19%, as costs linked to system outages, regulatory scrutiny and a corporate watchdog probe mount. The exchange posted a modest rise in first-half underlying profit but announced the planned departure of CEO Helen Lofthouse and a reduced interim dividend.
Boeing said it has cut the hours spent fixing supply-chain problems by 40% compared with 2024 and that defects at Spirit AeroSystems have declined by 60% since stepped-up inspections in 2024. The comments were made at a Pacific Northwest Aerospace Alliance supplier conference outside Seattle, where Boeing’s senior vice president for global supply c…
A new U.S. Small Business Administration notice narrows eligibility for SBA-guaranteed loans so that applicants must be fully owned by U.S. citizens or U.S. nationals residing in the United States, and explicitly disqualifies Legal Permanent Residents from holding any ownership interest in borrower applicants beginning March 1. The change rescinds …
XFLH Capital Corporation, a special purpose acquisition company incorporated in the Cayman Islands, sold 10 million units at $10 apiece in an initial public offering that raised $100 million. The units are slated to start trading on the New York Stock Exchange on February 12, 2026 under the symbol XFLHU, with ordinary shares and rights to trade sep…
Spirit Aviation Holdings has asked a U.S. bankruptcy court in New York to approve bidding procedures for an auction and potential sale of 20 Airbus A320/A321 aircraft. The company says the sale is a necessary step in resizing its fleet to align with a redesigned commercial and network plan and that proceeds will be applied to debt tied to the jets.…
AbbVie has taken the U.S. Department of Health and Human Services and the Centers for Medicare & Medicaid Services to federal court in Washington, D.C., seeking to overturn newly applied price controls for Botox. The company contends Botox qualifies as a plasma-derived product excluded from price controls under the Inflation Reduction Act of 2022 a…
Banco do Brasil reported better-than-expected fourth-quarter results and issued guidance that its adjusted net profit could rise to between 22 billion and 26 billion reais in 2026, signalling a potential rebound after a 45% decline in 2025. Management highlighted ongoing focus on risk mitigation and profitability while setting targets for credit gr…
Insurance Australia Group reported a 21% decline in first-half cash earnings to A$507 million but beat consensus forecasts. The insurer cited stronger gross written premiums and announced a A$200 million share buyback while maintaining its interim dividend and adjusting full-year premium growth guidance to the high-single digits.
Grab Holdings projected fiscal 2026 revenue below Wall Street estimates and reported a fourth-quarter revenue shortfall, pointing to softer demand in its ride-hailing and delivery segments as consumers tighten spending. The company unveiled a $500 million share repurchase program and agreed to acquire U.S. digital financial services firm Stash Fina…
