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.
30,142 total articles
The parents of a 19-year-old who died of an accidental overdose have filed a wrongful-death lawsuit in San Francisco state court against OpenAI and CEO Sam Altman, alleging that ChatGPT provided advice that encouraged a lethal combination of substances. The suit seeks monetary damages and asks the court to halt the company’s deployment of ChatGPT H…
Stocks moved unevenly on Tuesday, with major semiconductor and memory names among the largest decliners while a subset of companies across tobacco, energy, industrials and specialty manufacturing posted notable gains. The session included pronounced drops for Qualcomm and Intel, steep declines in several mid- and small-cap technology names, and out…
A cluster of influential economic releases is scheduled for Wednesday, May 13, 2026, led by the Producer Price Index and the U.S. Energy Information Administration's weekly crude oil inventory report. These data points, together with monthly energy reports from the IEA and OPEC, a major Treasury auction and several Federal Reserve speakers, will pr…
ZoomInfo Technologies plunged 35% in a single trading day after the company lowered its full-year 2026 revenue guidance and outlined a broad restructuring, including eliminating about 600 roles. While first-quarter results marginally beat expectations, the guidance reset and plans to move to consumption-based pricing triggered multiple analyst down…
Shares of major tobacco companies climbed Monday after the U.S. Food and Drug Administration published updated enforcement priorities for certain tobacco products marketed without premarket authorization. The guidance signals the agency will deprioritize enforcement for some e-vapor and nicotine pouch products that have pending applications accepte…
Global Medical Response (GMR Solutions) has reduced the valuation target for its planned U.S. IPO to about $3.3 billion from $5 billion and trimmed the size and price of the offering after weak investor interest. The Lewisville, Texas-based emergency medical services provider is now marketing 31.9 million shares at $15 apiece, seeking $478.7 millio…
Bank of America compiled a list of 67 companies it views as positioned to supply equipment and components for data center infrastructure. An excerpt of the ranking presented companies placed from 47 to 38, spanning manufacturers of printed circuit boards, electrical equipment, power transmission products, server and storage systems, and cable maker…
United Airlines’ cabin crew have ratified a five-year labor contract that raises base pay by 31%, introduces pay for boarding time and provides $741 million in retroactive compensation, the union said. The deal was approved by 82% of voting members and was reached with federal mediation support after earlier talks failed to secure union approval.
Semiconductor equities pulled back sharply, erasing recent gains that broadened the AI-led rally beyond Nvidia. Major chipmakers including Qualcomm, Intel and Micron posted double-digit or near-double-digit losses after a consumer inflation print topped expectations and oil prices climbed amid the Iran war, spurring investors to pare exposure to ri…
JPMorgan has moved Celanese Corp. to an Overweight rating from Neutral, arguing that a recent pullback in the stock creates an appealing buying opportunity. The bank set a $68 per share price target for December 2026 and expects the company to benefit from sustained tightness in acetyl-related chemical markets, alongside rising earnings and free ca…
United Airlines flight attendants approved a five-year collective bargaining agreement that provides an average 31% increase to base pay by August, secures roughly $741 million in retroactive pay and introduces new pay and scheduling protections for crew members. The deal, which won 82% support with nearly 90% voter participation, marks the final m…
Leidos Holdings announced a $2.7 billion contract from the U.S. Army to transition hypersonic weapon systems from prototype development into full production. The award unites the company's Thermal Protection Shield program with its Common Hypersonic Glide Body (CHGB) program, which produces the glide body for the Dark Eagle hypersonic missile teste…
Google announced on Tuesday the launch of Googlebook, a new laptop category centered on its Gemini artificial intelligence system and intended to work closely with Android phones. The company describes Googlebook as an "intelligence system" that merges aspects of Android and ChromeOS while offering access to Google Play apps, the Chrome browser, an…
Anthropic has expanded the capabilities of its Claude AI assistant for legal professionals by enabling secure connections to third-party legal research and practice tools, and by adding a suite of 12 practice-specific plug-ins. The update includes access to Thomson Reuters resources such as Westlaw Primary Law and Practical Law, an integration betw…
The U.S. Senate Banking Committee has released the full text of the Clarity Act, a bill intended to create a statutory regulatory framework for digital assets. The measure addresses stablecoin rewards, anti-money-laundering requirements, a limited SEC fundraising exemption for crypto firms, the definition and oversight of decentralized finance plat…
The European Commission is in talks to join the U.S.-backed 'Pax Silica' initiative, a proposed network aimed at protecting supply chains for semiconductors, AI infrastructure, critical minerals and data centers. While several EU members have already signed on independently, internal questions persist and France has not yet committed. Brussels plan…
Partial electronic refunds of tariffs imposed under the previous administration have begun reaching importers, with heavy-truck maker Oshkosh Corp and toy maker Basic Fun among firms reporting initial payments. U.S. authorities have been ordered to return as much as $166 billion after the tariffs were ruled illegal, and officials say a majority of …
Abbott Laboratories’ dividend yield has climbed to levels not seen in about ten years after the stock retreated following earnings, driven in part by the $21 billion Exact Sciences integration and a series of legal rulings. The payout of $2.52 a year now produces a yield above 3% at about $83 per share. The company’s long record of dividend increas…
Isomorphic Labs said on May 12 that it raised $2.1 billion in a funding round led by existing investor Thrive Capital, with participation from both existing and new backers. The capital will be used to scale its AI-driven drug design platform, as the company now targets first clinical trials by the end of 2026, a year later than an earlier goal.
Google is in discussions with SpaceX over a possible rocket-launch arrangement tied to plans for placing data centers in orbit, while also speaking with other launch providers. The talks follow recent developments in which Anthropic agreed to use SpaceX’s Colossus 1 facility and expressed interest in developing gigawatt-scale space-based compute. G…
Oklo shares retreated in mid-day trading as investors pared positions ahead of the company's first-quarter 2026 financial report, scheduled after the market close on May 12, 2026. The pullback follows a strong month-long rally and comes amid a cautious analyst initiation, signs of stretched valuation, and a risk-off market reaction to hotter-than-e…
Philip Morris International shares rose 3.26% in mid-day trading after the U.S. Food and Drug Administration said it would not prioritize enforcement against nicotine pouch and e-vapor products that have premarket tobacco applications on file with required data. Goldman Sachs reiterated a Buy rating and flagged an impending U.S. rollout of ZYN Ultr…
The U.S. Federal Communications Commission said it will permit critical software and firmware updates for Chinese-made drones and consumer routers already approved for sale in the United States through at least the end of 2028, while continuing to pursue broader restrictions on Chinese telecom gear, testing labs and interconnection.
Vertex Pharmaceuticals shares rose sharply in mid-day trading as the company reported stronger-than-expected Q1 2026 results, secured a German reimbursement agreement for its CRISPR/Cas9 sickle cell therapy CASGEVY, and filed a biologics license application for povetacicept in IgA nephropathy. Analyst support and reiterated full-year guidance helpe…
Spanish equities closed lower on Tuesday, with the benchmark IBEX 35 sliding 1.56% as losses concentrated in Building & Construction, Consumer Goods and Financial Services & Real Estate sectors. Decliners outnumbered advancers by a wide margin, while commodities and currency futures showed mixed movement.
