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.
30,139 total articles
Billionaire investor Bill Ackman said the decision to sell his long-held Alphabet shares was not intended as a bet against the company. Pershing Square established a new position in Microsoft after the stock fell recently and used proceeds from the Alphabet sale to finance that purchase, Ackman wrote on X.
A majority of SpaceX shareholders have approved a 5-for-1 stock split recommended by the board, with the company notifying investors that the fair market value per share was adjusted to about $105.32 from $526.59. The corporate action coincides with recent operational activity, including a successful CRS-34 Cargo Dragon launch and preparations for …
Senior Chinese regulators and Beijing’s top official met with leading U.S. corporate executives during a high-profile presidential visit. Citigroup’s CEO discussed expanding wealth management and cross-border financing with Beijing officials, while Goldman Sachs’ chairman and CEO held talks with China’s foreign exchange regulator. The delegation’s …
Alphabet's YouTube and Snap have settled claims brought by Breathitt County School District in eastern Kentucky that sought to make social media companies pay for school expenditures tied to student mental health issues. Court filings in federal court in Oakland, California, confirm the settlements, which resolve the first bellwether case to reach …
A proposed class action filed in federal court in Seattle accuses Amazon.com Inc of failing to refund higher prices consumers paid that plaintiffs say reflected tariffs the U.S. Supreme Court later found had been unlawfully imposed under the International Emergency Economic Powers Act. The suit claims Amazon raised prices on imported goods and reta…
Two prominent hedge fund managers adopted contrasting strategies this year in the technology sector. Pershing Square began accumulating Microsoft shares after a February pullback, citing underappreciated value in Microsoft 365 and AI investments, while Third Point reduced and then closed its Microsoft stake in the first quarter. At the same time, b…
Fitch Ratings revised the outlook on Goldman Sachs BDC to negative while keeping the fund's current lower-investment-grade rating, citing a thin asset coverage cushion amid rising credit stress in the portfolio. The fund reported an increase in non-accruals and notable payment-in-kind income in its first-quarter results, and Goldman Sachs said much…
U.S. antitrust authorities are examining Arm's licensing practices to determine if the company is unlawfully monopolizing segments of the semiconductor market. The probe includes scrutiny of potential refusals or downgrades of licensing agreements for Arm's CPU blueprints. Regulators in South Korea have also investigated Arm's local offices as part…
Ares Management's recent 13-F filing with the U.S. Securities and Exchange Commission shows the firm initiated and increased multiple positions in alternative credit vehicles during the first quarter of 2026. The asset manager reported a record $30 billion raised in Q1 and disclosed a mix of new stakes, larger holdings in several business developme…
Mexico's benchmark S&P/BMV IPC ended Friday down 1.78%, driven by losses in the Industrials, Consumer Goods & Services and Consumer Staples sectors. Market breadth showed more decliners than advancers, with notable drops in mining and transport names and modest gains among select financial and media stocks. Commodities and FX moved sharply, with go…
Colombia's main equity benchmark, the COLCAP, closed lower on Friday, pulled down by losses in the Financials, Investment and Public Services sectors. While several large-cap names fell, specific stocks in energy and infrastructure recorded notable gains. Currency moves and drops in select commodities were also recorded during the session.
Russia's equity market ended the Friday session lower, with the MOEX Russia Index down 0.96%. Losses in the Mining, Power and Oil & Gas sectors were the principal drags, while a handful of large-cap stocks posted gains. Market breadth favored falling issues, the Russian Volatility Index rose, and commodities and FX moved notably during the session.
ERock submitted a filing for a proposed initial public offering on the New York Stock Exchange, outlining its vertically integrated model for natural gas-fueled distributed power systems, operational track record, geographic concentration, installed capacity and a $1.3 billion contracted sales backlog. The company named Morgan Stanley and J.P. Morg…
Berkshire Hathaway disclosed first-quarter buys in Delta Air Lines and Macy's, adding nearly 40 million and about 4 million shares respectively. The moves came alongside disposals of smaller positions in several large-cap names and follow a leadership transition to CEO Greg Abel earlier this year. Shares of Delta and Macy's rose in after-hours trad…
China's permanent representative to the United Nations, Fu Gong, publicly opposed a U.S. and Bahrain-drafted Security Council resolution addressing incidents in the Strait of Hormuz, arguing the proposal is untimely and insufficient. Diplomats say the measure is likely to be vetoed by Russia and China if it reaches a vote. China, which holds the ro…
Berkshire Hathaway reported a $2.65 billion purchase of Delta Air Lines shares and a small acquisition in Macy's, while trimming or disposing of numerous smaller stock positions, including stakes in Amazon and UnitedHealth. The filing also shows the sale of multibillion-dollar holdings in Visa and Mastercard and a sizable Aon stake during the first…
PwC and Anthropic have expanded their strategic alliance to deploy the Claude family of AI products across PwC’s workforce and client engagements. The agreement includes a phased U.S.-first rollout of Claude Code and Claude Cowork, creation of a joint Center of Excellence, training for 30,000 PwC professionals, and the launch of a finance-focused O…
Barclays has released its preferred U.S. software-equity selections, prioritizing large-cap and horizontal software-as-a-service providers that it believes are best positioned to capture accelerating demand for AI infrastructure and cloud services. The bank ranks Oracle first, followed by DigitalOcean, Salesforce and Snowflake, citing factors such …
U.S. stock indexes closed lower on Friday with losses concentrated in Basic Materials, Utilities and Industrials. The Dow Jones Industrial Average dropped 1.07% at the NYSE close, the S&P 500 fell 1.24% and the Nasdaq Composite slid 1.54%. Market breadth favored decliners and the CBOE Volatility Index rose, while oil rallied and gold futures retrea…
Canadian equities closed lower on Friday, with the S&P/TSX Composite dropping 1.27% amid sector weakness in Materials, Healthcare and Consumer Discretionary. Bird Construction, Strathcona Resources and Stantec were the session's top performers, while Curaleaf, Wesdome Gold Mines and Taseko Mines recorded the largest declines. Market breadth favored…
Brazil's benchmark Bovespa index ended the session down 0.61% as losses concentrated in the Public Utilities, Basic Materials and Real Estate sectors. Market breadth favored decliners, while select equities saw significant intraday moves. Commodities and currency pairs also registered notable shifts during the trading day.
Micware Co., Ltd. (MWC) closed an upsized initial public offering of 2,850,000 American Depositary Shares (ADSs) at $8.00 per share on May 15, 2026, bringing in gross proceeds of $22.8 million before underwriting fees and expenses. The company's ADSs began trading on the Nasdaq Global Market on May 14, 2026. Proceeds are intended to support the Dyn…
OpenAI has rolled out a preview of a personal finance experience for ChatGPT Pro subscribers in the United States, enabling secure account linking to provide context-aware spending and investment insights. The feature uses the new GPT-5.5 Thinking model, integrates with Plaid to connect to more than 12,000 institutions, and stores user-provided det…
GSR V Acquisition Corp. completed its initial public offering on May 15, 2026, raising $230 million through the sale of 23 million units at $10 per unit, including full exercise of the underwriter’s overallotment option. Units began trading on Nasdaq under the symbol GSRVU on May 14, 2026. The company is a Cayman Islands-formed blank check entity s…
Cerebras Systems Inc. completed an initial public offering that sold 34.5 million Class A common shares at $185 apiece, producing roughly $6.38 billion in gross proceeds before fees and expenses. The offering included the full exercise of underwriters' option to purchase an additional 4.5 million shares. Cerebras began trading on the Nasdaq Global …
