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.
18,060 total articles
Negotiators representing Saks, its vendors and the lenders behind a $1.75 billion debtor-in-possession loan are working to settle a disagreement over whether merchandise held on concession or consignment could be treated as collateral. Suppliers want clear court protections that their goods and related cash proceeds will remain outside lenders' sec…
Vale reported a $3.8 billion net loss for the October-December quarter, reflecting a $3.5 billion impairment on Canadian nickel assets and a $2.8 billion deferred tax asset write-off. Quarterly revenue rose to $11.1 billion and adjusted EBITDA increased to $4.6 billion, though results diverged from analyst profit expectations.
Norwegian Cruise Line Holdings Ltd. has appointed John W. Chidsey as its President and Chief Executive Officer, replacing Harry Sommer. Chidsey, a returning board member, outlined execution and performance improvement as priorities. The company reiterated expectations for fourth-quarter 2025 Net Yield and said quarterly and full-year 2025 results r…
Wynn Resorts reported fourth-quarter adjusted earnings per share of $1.17, missing the analyst consensus and weighed down by weaker Las Vegas results and declines at regional properties including Encore Boston Harbor. Total operating revenue for the quarter dipped to $1.87 billion while visitation and table games win percentages at its Las Vegas op…
Citigroup Inc. increased Chief Executive Officer Jane Fraser’s total 2025 compensation by 22% to $42 million, according to a regulatory filing. The package, concentrated in stock awards after a modest base and cash incentive, follows a year of significant operational and financial gains for the bank, including a 66% rise in its stock, record revenu…
Spartacus Acquisition Corp. II sold 23 million units at $10 apiece, raising $230 million after exercising a 3 million unit overallotment. Units started trading on the NASDAQ Capital Market on February 11, 2026 under the symbol TMTSU. Proceeds were placed in a trust account and the company said it will pursue mergers or acquisitions focused on techn…
US Foods Inc., operating as US Foods-Lexington in South Carolina, has been awarded a $603,075,000 indefinite-delivery/indefinite-quantity contract by the Defense Logistics Agency Troop Support in Philadelphia to supply full-line food and beverage items to U.S. military services. The fixed-price agreement includes economic-price-adjustment provision…
U.S. officials have signed a finalized reciprocal trade pact with Taiwan that establishes a 15% U.S. tariff on Taiwanese imports and binds Taiwan to a timetable for cutting or removing tariffs on most U.S. goods. The agreement includes specific purchase commitments for 2025-2029 across energy, aerospace, power equipment and heavy industry, and imme…
Expedia projected 2026 gross bookings and revenue above Wall Street expectations, citing robust demand from business customers and increased participation by travel agencies and partners. The Vrbo-parent forecast gross bookings of $127 billion to $129 billion and revenue of $15.6 billion to $16 billion, while fourth-quarter adjusted profit and reve…
PTC Therapeutics said it has withdrawn its resubmitted New Drug Application for Translarna, a therapy for nonsense mutation Duchenne muscular dystrophy, after the U.S. Food and Drug Administration indicated the data were unlikely to meet the agency's threshold for substantial evidence of effectiveness. The announcement coincided with a roughly 4% d…
Columbus Circle Capital Corp. II completed an initial public offering that generated $230 million through the sale of 23 million units at $10 each, including the full exercise of a 3 million-unit over-allotment. Units began trading on the NASDAQ Global Market as CMIIU on February 11, 2026, and the offering proceeds alongside a concurrent private pl…
Columbus Circle Capital Corp. II completed an initial public offering of 23 million units at $10 apiece, collecting $230 million in proceeds that were placed in a trust account for public shareholders. The units, which include a Class A ordinary share and one-third of a redeemable warrant, began trading on the Nasdaq Global Market on February 11, 2…
Preliminary Brazilian census bureau data show a sharp uplift in cattle slaughtering in Q4, up 13.1% year-over-year, and point to a potential record 42.3 million head processed in 2025. Robust Chinese purchases are cited as the primary driver, but recent Chinese safeguard measures and quota rules introduce near-term trade uncertainty for Brazilian p…
A batch of corporate updates triggered notable after-hours moves across sectors. Applied Materials surged after delivering stronger-than-expected quarterly results and upbeat guidance. A mix of beats and misses followed across chip equipment, streaming, electric vehicles, online marketplaces, and gaming, with several companies upping forward views …
Mexico's benchmark S&P/BMV IPC closed down 1.11% as selling pressure in the Industrials, Consumer Goods & Services and Consumer Staples sectors pulled the market lower. While a few large-cap names reached multi-year highs, broader breadth favored decliners. Commodities and currency moves accompanied the session's downturn.
Canadian equities closed lower on Thursday, with the S&P/TSX Composite ending the session down 2.37%. Losses were concentrated in the Materials, Industrials and Information Technology sectors. A small group of stocks posted notable gains while several miners and service providers plunged. Market volatility, commodity prices and currency measures re…
U.S. equities closed lower on Thursday as losses in Technology, Basic Materials and Oil & Gas dragged major indexes down. The Dow Jones Industrial Average fell 1.34%, the S&P 500 declined 1.57% and the NASDAQ Composite lost 2.04%. Market breadth was weak on both the NYSE and Nasdaq, while the CBOE Volatility Index rose sharply. Commodity and curren…
Colombian markets ended Thursday with the benchmark COLCAP index down 2.00% as losses concentrated in the Financials, Investment and Public Services sectors pushed the market lower. While Mineros, Grupo Bolivar and Ecopetrol posted gains, several large-cap names including Grupo Nutresa, Cementos Argos and Grupo de Inversiones Suramericana recorded …
Russian equities finished modestly higher on Thursday, with the MOEX Russia Index up 0.31% at the close in Moscow. Telecoms, Oil & Gas and Mining names were among the session leaders while a handful of large-cap miners and utilities weighed on the downside. Volatility receded and key commodity and currency moves were mixed.
Rivian Automotive is forecasting a 53% increase in vehicle deliveries for 2026, driven primarily by the upcoming R2 SUV priced at about $45,000. While management expects R1 volumes and delivery-van output to remain largely unchanged, the company warned that preparing for the R2 rollout and expanding in-house autonomous driving capabilities will pus…
Instacart reported fourth-quarter results and a current-quarter forecast that exceeded analyst expectations, driven by robust demand for everyday essentials and an expanding advertising business. The company recorded higher orders and advertising revenue, and projected GTV and adjusted EBITDA for the next quarter above consensus.
SOLV Energy Inc. completed an initial public offering that brought in roughly $589 million, selling 23.575 million shares at $25 each. The offering included the full exercise of the underwriters' 3.075 million share over-allotment option. All shares were newly issued by the company and began trading on the NASDAQ Global Select Market under the symb…
Moody's Ratings has affirmed F.N.B. Corporation's long-term issuer rating at Baa2 and shifted the outlook from negative to stable. The decision reflects an improved capital buffer, steady credit metrics and a reduction in commercial real estate concentration, though Moody's continues to note limits from asset encumbrance and a relatively high share…
S&P Global Ratings has changed Cosan's outlook from stable to negative while keeping the company’s ratings intact, flagging possible spillover effects from a potential debt restructuring at joint venture Raizen. Although Cosan is not a guarantor of Raizen’s obligations and has taken steps to shorten maturities on certain notes, S&P cited proximity …
S&P Global Ratings raised Vertiv Group Corp.'s credit rating to 'BBB-' from 'BB+', pointing to sustained EBITDA expansion, margin gains and restrained leverage. The agency expects revenues to rise by the high-20% range through 2026, underpinned by secular AI and cloud-driven data center buildouts and a backlog approaching $15 billion. S&P projects …
