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.
30,138 total articles
Apollo Global Management President Jim Zelter said wealthy clients are likely to keep seeking redemptions from certain US private credit funds after several months of outflows. He noted that while performance was solid in March, April and May, structural features of the funds and lingering doubts about valuations and AI-related disruption mean with…
Apollo Global Management and Blackstone are arranging a roughly $36 billion debt financing to support Anthropic PBC’s expansion of AI compute capacity. The financing is structured to purchase custom tensor processing units (TPUs) from Google, which Anthropic would then lease. Broadcom is providing a backstop on the largest portions of the transacti…
S&P Global Ratings upgraded its outlook on Northrop Grumman to positive from stable and kept the company's BBB+ long-term issuer credit rating unchanged. The agency anticipates the company will reduce leverage and sustain strong funds-from-operations relative to debt, supported by elevated defense spending and accelerated B-21 production plans, whi…
Colombian equities finished lower on Thursday, with the COLCAP index sliding 0.56% as weakness in the Financials, Investment and Public Services sectors weighed on the market. A handful of stocks outperformed, including Celsia and Grupo Nutresa, while mining and select banking-related securities posted sharper losses. Commodity contracts and curren…
S&P Global Ratings upgraded its outlook on Lockheed Martin to positive from stable while affirming the company’s A- long-term issuer credit rating, A-2 short-term issuer credit rating, and A- issue-level ratings on unsecured debt. The ratings agency points to robust demand across major defense programs, an order backlog near $186 billion and foreca…
S&P Global Ratings raised Uber Technologies Inc.'s long-term issuer rating to BBB+ from BBB and assigned a positive outlook, pointing to substantial free operating cash flow, low debt-to-EBITDA and ongoing deleveraging. The ratings agency highlighted management guidance for strong gross bookings growth and said rising EBITDA and cash flow should ex…
Russia's equity market ended lower on Thursday, with losses concentrated in mining, oil & gas and manufacturing names. The MOEX Russia Index fell 0.24% at the close in Moscow as decliners outnumbered advancers by more than two to one. A handful of stocks, including Moskovskiy Kreditnyi Bank and RusHydro, posted gains, but major metals producers and…
Disciplined Growth Acquisition Corporation completed an initial public offering of 15 million units at $10.00 each, generating $150 million in gross proceeds. The SPAC began trading its units on the New York Stock Exchange on May 27, 2026, and has taken steps including a trust deposit and an underwriter over-allotment option as it prepares to seek …
Lockheed Martin won two Department of Defense contracts totaling $380.8 million to deliver AEGIS training support for several allied navies and to provide international contractor logistics services for rocket artillery programs. Work will be performed at multiple international and U.S. sites, with completion dates stretching into 2031. One award h…
Nikon's new president, Yasuhiro Ohmura, signaled an effort to regain ground in semiconductor photolithography by offering equipment at lower prices than market leader ASML, which controls more than 80% of the market. Nikon plans to reduce dependence on large customers such as Intel while continuing development of systems for non-ultra-fine geometri…
Viridis Mining and Minerals has opened a rare earths research and processing centre in Pocos de Caldas, Brazil, and is in advanced talks with offtake buyers in Europe and the United States for its Colossus mine. The company says it will not pursue Chinese buyers despite global interest, and expects the project to reach steady-state production by th…
Hub Group announced the departures of its chief financial officer, Kevin Beth, and chief operating officer, Brian Meents, following an audit committee review. The company named Todd Heeter as interim chief financial officer and treasurer and said both outgoing executives will remain available as consultants during a transition. Hub Group is in the …
Apollo Global Management and Blackstone are structuring a $36 billion debt financing to acquire Google-designed tensor processing units for Anthropic and lease them to the AI firm across multiple U.S. data centers. The deal uses a special-purpose vehicle and includes Broadcom support for roughly $31 billion of senior tranches to cover potential sho…
The U.S. Department of the Treasury has released the 'Trump Accounts' mobile application nationwide, enabling parents and guardians who registered to receive activation emails and download the app. The Treasury says investing through these accounts will commence when the program officially launches on July 4. Under the One Big Beautiful Bill Act of…
Japan's yield curve steepened with longer-dated government bond yields rising and near-term yields retreating, while the yen weakened to levels that raise the prospect of currency intervention. The moves came as tensions in the Middle East pushed oil prices higher, reviving concerns about Japan's exposure to imported energy costs.
Groq is pursuing up to $650 million in fresh capital from its existing investor base while completing cash distributions tied to a $17 billion licensing agreement with Nvidia. Investors have received earlier payouts and are being invited to take part in a new entity, with backers Disruptive and Infinitum committed to cover any shortfall in the rais…
The U.S. Federal Trade Commission has launched a broad inquiry into the sharp rise in fertilizer prices that has squeezed farm margins, issuing civil investigative demands as part of the probe. The spike in fertilizer costs follows disruptions to shipping through the Strait of Hormuz, with industry groups and farm associations warning many growers …
U.S. equity benchmarks finished higher on Thursday, with the Dow Jones Industrial Average reaching a fresh all-time high. Strength in the Healthcare, Technology and Basic Materials sectors helped lift the S&P 500 and Nasdaq Composite, even as several large-cap and small-cap stocks posted steep moves in both directions. Market breadth was positive o…
After the close, several large-cap technology and retail names moved sharply as companies reported quarterly results and updated outlooks. Dell Technologies and MongoDB led gains following outsized beats and aggressive fiscal-year guidance, while Gap, SentinelOne and American Eagle posted results or guidance that pressured their shares. NetApp and …
The S&P/TSX Composite closed higher by 0.31% as strength in the information technology, materials and healthcare sectors supported the market. Curaleaf, goeasy and Shopify were the session's top advancers, while ATS, Canadian Imperial Bank of Commerce and Chartwell Retirement Residences paced losses. Volatility as measured by the S&P/TSX 60 VIX fel…
Stocks in Sao Paulo finished lower on Thursday, with losses concentrated in Financials, Electric Power and Consumption sectors. The Bovespa fell 0.39% at the close. Utilities and steel names led the gainers while select retail and distribution stocks posted the largest declines. Market volatility as measured by the CBOE Brazil ETF Volatility rose m…
Gap Inc. trimmed its sales forecast for fiscal 2026 and flagged tepid near-term demand as U.S. consumers tighten budgets. The company raised its full-year adjusted profit outlook, citing roughly $80 million in expected tariff relief, and reported $464 million returned to shareholders in the quarter through buybacks and dividends.
Dell Technologies raised its annual revenue and adjusted earnings forecasts after reporting a strong first quarter driven by demand for AI-optimized servers powered by Nvidia chips. The company increased its long-term AI server revenue projection for fiscal 2027 and reported quarterly results that topped analyst estimates, while saying it has manag…
Starbucks will link a portion of technology employees' bonuses to department-level objectives that include the adoption of artificial intelligence. An internal document shows that a quarter of tech bonuses will be tied to those goals, and the company is monitoring how many priority initiatives in its 'Back to Starbucks' strategy incorporate AI. The…
Shares of Alkami Technology Group Inc. (NASDAQ: ALKT) jumped about 10% after reports that activist investor Jana Partners is pressing the company to resume a previously explored sales process. Jana, a shareholder in the Plano, Texas-based fintech, continues to view Alkami as a potential takeover target for private equity or a public acquirer. The c…
