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.
30,167 total articles
U.S. stock benchmarks ended Tuesday’s trading session in positive territory, with the Dow, S&P 500 and Nasdaq all posting gains. Strength in the Basic Materials, Technology and Industrials sectors supported the advance. Individual large-cap names showed divergent results, with several notable winners reaching record highs while a number of smaller-…
The S&P/TSX Composite closed lower on Tuesday, slipping 0.21% in Toronto trading as losses in the information technology, real estate and mining sectors outweighed gains among select issuers. A modest decline in implied volatility accompanied mixed moves in commodities and currencies, while several individual names recorded notable intraday swings.
Stocks in Brazil ended higher on Tuesday, with the Bovespa index finishing up 0.62% in Sao Paulo. Strength in the Consumption, Industrials and Basic Materials sectors powered gains, while a handful of large issues posted notable moves in both directions. Volatility on Bovespa options rose, and traders saw mixed signals from commodities and currency…
Freshworks will eliminate roughly 11% of its global staff, or about 500 positions, citing the adoption of artificial intelligence in product development and routine automation across the company. The move comes as AI reshapes competitive dynamics in enterprise software, weighs on sector stocks and prompts broader cost adjustments across technology …
Avalo Therapeutics' shares climbed 35% after market close following positive topline results from the Phase 2 LOTUS trial of abdakibart in moderate to severe hidradenitis suppurativa. The trial met its primary HiSCR75 endpoint for both 150 mg and 300 mg doses at Week 16, with response rates of 42.2% and 42.9%, respectively, versus a placebo rate of…
Live Nation Entertainment reported first-quarter revenue of $3.8 billion, beating analysts' estimate of $3.57 billion as demand for concerts and live events remained robust. The company credited blockbuster tours and pricing power, and said it has booked a large portion of its venues for the year, but posted an operating loss driven by a $450 milli…
Match Group reported first-quarter revenue above analyst expectations, led by growth at Hinge and early signs of improvement at Tinder amid an enterprise-wide push to integrate AI. The company said it expects slower headcount growth as AI tools drive operating efficiencies, but issued second-quarter revenue guidance whose midpoint sits below consen…
Advanced Micro Devices projected second-quarter revenue that surpasses analyst expectations, citing continued strong demand for its data-center processors as cloud providers accelerate spending on infrastructure for artificial intelligence workloads. The guidance, combined with a large multi-year supply arrangement with Meta Platforms and recent sh…
Strategy Inc (NASDAQ:MSTR) reported a first-quarter loss of -$38.25 per share, far below analyst expectations, after recording substantial unrealized losses on its bitcoin position. Revenue rose year over year but narrowly missed estimates. The company increased its bitcoin holdings and continued to raise capital through preferred equity while repo…
Contract manufacturer Flex announced plans to spin off its cloud and power infrastructure unit into a separate publicly traded company targeted for early 2027. The move will create an AI-focused data-center infrastructure group while leaving Flex with its core manufacturing operations. Leadership roles for both companies were disclosed, but financi…
Lucid Group disclosed a sizeable first-quarter revenue shortfall driven by a supplier-related problem that constrained deliveries of its Gravity SUV in February. The electric-vehicle maker produced more vehicles year-over-year but reported far fewer shipments, posting a wider quarterly net loss even after raising fresh capital and expanding credit …
Meta is working on a highly personalized, agentic AI assistant built on its Muse Spark model and tested internally by staff, with the stated aim of creating a tool similar to OpenClaw, the Financial Times reported. The effort comes amid investor scrutiny of Meta's rising AI expenditures and the company’s recent decision to raise its annual capital …
Meta is working on a highly personalized, agentic AI assistant intended for its global user base of more than 3 billion people, according to people familiar with the project. The assistant, built on Meta's Muse Spark AI model, is being trialed internally and aims to let users create autonomous agents to complete tasks. Meta plans to offer the optio…
UBS projects that the emergence of agentic AI - systems that orchestrate many autonomous subagents - will reshape data center design and escalate demand for server CPUs. The bank forecasts the server CPU total addressable market rising from an estimated $30 billion in 2025 to roughly $170 billion by 2030, and expects ARM to capture a much larger un…
Summary: In testimony during a California courtroom trial, OpenAI president Greg Brockman said Elon Musk pushed to convert OpenAI into a for-profit entity and demanded full control, in part to secure roughly $80 billion to build a city on Mars. Brockman recounted a heated August 2017 meeting in which Musk asserted he deserved a majority stake and s…
A leading Google scientist has formally warned European Union antitrust officials that a proposed requirement to share detailed search data with competitors like OpenAI could expose private user information. The scientist will meet regulators to press for stronger safeguards after Google's internal red team reportedly re-identified users from anony…
Banco BPM is actively assessing merger and acquisition opportunities across the Italian market, Chief Executive Giuseppe Castagna said, as the bank explores transactions involving other banks or fee-generating businesses following last year’s purchase of fund manager Anima. While potential partners include entities linked by existing shareholdings,…
Criteo shares climbed 3% after the company announced a broader rollout of its integration with OpenAI’s ChatGPT advertising platform. The firm says more than 1,000 brands are running campaigns through the ChatGPT integration, adoption is expanding internationally, and early engagement metrics have outperformed comparable formats.
Nike is losing ground in the global sports footwear market as share fell to 22.9% in 2025, and investors have ramped up short positions amid concerns about inventory, deeper markdowns and a slower-than-expected turnaround under CEO Elliott Hill. Competitors including Adidas, On and Deckers have gained share, and Nike’s stock has hit multiyear lows …
Microchip Technology shares advanced after multiple analysts raised price targets and the chip sector showed renewed strength. The moves come ahead of Microchip's fiscal Q4 2026 report, with analysts forecasting in-line results and the possibility of stronger guidance for the June quarter. Insider sales under a pre-arranged plan and geopolitical-dr…
Marvell Technology shares climbed sharply, reaching a new record after UBS raised its price target to $195 and kept a Buy rating. The upgrade, tied to robust data center demand and Marvell's positioning in AI infrastructure, built on several analyst endorsements, strong fiscal results and deepening partnerships with hyperscalers and Nvidia, driving…
Apimeds Pharma shares jumped more than 20% before a volatility trading halt after the company reached a settlement with Inscobee Inc. and Apimeds Inc. The deal resolves disputes stemming from the December 1, 2025 merger with MindWave Innovations Inc., preserves preexisting stockholder and voting agreements, and clears the way for a previously discl…
Fiserv reported first-quarter 2026 results that beat consensus on headline revenue and non-GAAP EPS but revealed deteriorating underlying trends. Organic revenue declined 4% year-over-year, adjusted EPS fell 16%, adjusted operating margin compressed to 29.7% from 37.8% a year earlier, and free cash flow decreased. Management said progress from its …
PayPal shares fell sharply after the company reported first-quarter 2026 results that beat top-line estimates but revealed weakening profitability and tepid user engagement. Management flagged near-term margin declines and unveiled a $1.5 billion cost reduction plan, while new CEO Enrique Lores emphasized a focus on growth and improved cash flow.
Huntington Ingalls Industries reported first-quarter 2026 results that topped consensus on both revenue and adjusted EPS, but the market reacted negatively to deteriorating profitability metrics and significant cash use. Adjusted EPS came in at $3.79 versus $3.69 expected, and revenue rose 13.4% year-over-year to $3.1 billion, beating the $3.02 bil…
