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.
29,443 total articles
Meta Platforms has introduced Muse Code in beta, a terminal-focused coding agent powered by Muse Spark 1.2. The system plans changes, generates code and validates outcomes while maintaining persistent background agents that build session context. For larger tasks it spawns parallel sub-agents working in isolated worktrees. Meta says Muse Code can b…
Alphabet A (GOOGL) posted a decisive bearish candle on the 5-hour chart, formed on the session's highest selling volume (29.5M). The move threatens the V-shaped recovery’s backbone near $361.84, with immediate support at $348.50 and a key neutral band between $355.73 and $362.00. Traders face a bifurcation: reclaim and hold above $362.00 to favor b…
S&P Global Ratings upgraded Kinross Gold Corp. to 'BBB' from 'BBB-' and raised the issue-level rating on its unsecured debt, assigning a stable outlook. The upgrade reflects improved adjusted credit metrics driven by robust cash flow from elevated gold prices and a marked reduction in funded debt. S&P projects Kinross' net cash position to exceed $…
Moody’s Ratings adjusted Newell Brands Inc.'s outlook from negative to stable while affirming the company's B1 Corporate Family Rating and related debt ratings. The agency also assigned a B2 rating to Newell’s proposed $500 million senior unsecured notes due 2031, which the company intends to use to redeem its $500 million notes maturing in 2027. M…
Private investment firm Aurelius has entered exclusive negotiations to acquire Hain Daniels, the European division of Hain Celestial, which owns consumer food brands including Ella's Kitchen and Linda McCartney's. No deal is finalized and the sale process follows a sharp fall in Hain Celestial's share price and the appointment of advisers earlier i…
The recent sell-off across software stocks has shifted investor focus from growth at any cost to cash generation and AI leverage. Adobe Inc and Intuit Inc rank among the largest fair-value opportunities, with estimated upsides north of 59% and 61% respectively, while Teradata Corporation posts a 70% one-year return despite shrinking revenue. The do…
Phillips 66 reported a near fourfold increase in second-quarter net income driven by sharply higher refining margins as the Middle East conflict tightened global fuel supplies. The company posted $3.85 billion in net income and saw refining adjusted earnings leap to $3.09 billion, while realized margins more than doubled to $24.08 per barrel year-o…
Palantir’s market valuation sits well above typical high-growth software peers: a forward P/E of 95.4x, a price-to-sales of 108.74x and a price-to-book of 64.3x. Discounted cash flow and peer-based fair value analyses indicate roughly a 25% downside from current levels, even as revenue, EPS and profitability forecasts remain strong.
A UK competition tribunal has ruled that a proposed class action on behalf of hundreds of thousands of British businesses can proceed against Google. The Competition Appeal Tribunal dismissed Google's attempt to strike out the case, finding the collective proceedings meet the legal threshold. The claim, represented by academic Or Brook, covers an e…
Eli Lilly reported a striking Q2 2026 performance, with revenue of $22.97 billion and adjusted EPS of $8.38, both substantially ahead of analysts. Management lifted full-year revenue guidance to $85 billion-$87 billion, and the GLP-1 portfolio accounted for the majority of the quarter's sales. The stock climbed intraday as investors digested the be…
Over recent days, sophisticated cyber intrusions involving phone-based social-engineering tactics targeted several large Wall Street financial services firms, including major hedge funds and private equity managers. Point72 Asset Management notified investors it had been attacked but said no customer information was stolen. Other firms named by sou…
The U.S. Department of Justice has told officials it intends to withdraw a 1987 letter that had clarified antitrust concerns related to proxy advisory firms. The action comes as consolidation in the industry and political criticism of the firms' influence - particularly around environmental, social and governance (ESG) recommendations - have drawn …
Baird identified a set of electrical and AI infrastructure companies it believes are well placed to capture structural shifts tied to artificial intelligence deployments in data centers. The firm emphasized companies with distinct technological advantages or customer relationships that can underpin revenue even if overall capital spending cools, an…
Trading on Wednesday delivered a mix of notable advances and sharp declines across market-cap tiers. Arista Networks and Eli Lilly were among the largest gainers in the mega-cap group, while Amazon and a number of large, mid- and small-cap companies fell. Several moves were tied to earnings beats, raised outlooks or soft revenue and guidance.
United Launch Alliance is reportedly preparing a roughly $500 million private bond offering to refinance outstanding borrowings, according to a Bloomberg report on Wednesday. The space-launch joint venture owned by Boeing and Lockheed Martin would sell the debt directly to institutional buyers via a true private placement arranged by US Bancorp, Mi…
A federal magistrate judge has authorized plaintiffs in a 2022 antitrust lawsuit to depose current LinkedIn CEO Daniel Shapero and co-founder and former CEO Reid Hoffman, rejecting the company's request to block such questioning. The case accuses LinkedIn of controlling over 97% of the professional networking market and charging excessive prices fo…
Carlyle Group's finance chief said capital markets are showing signs of recovery, enabling the firm to complete a higher-than-average level of exits. The U.S. buyout arm returned 23% of fair market value over the past year across a range of geographies and sectors, while private credit performance remains steady and a new aerospace, defense and ind…
Kyndryl's stock slid after the IT infrastructure firm reported a weaker-than-expected first quarter of fiscal 2027: revenue fell to $3.62 billion, adjusted earnings per share missed consensus with a loss of $0.12, and free cash flow swung deeper into negative territory. While consulting revenue and hyperscaler-related sales showed strength and mana…
S&P Global Ratings on Wednesday affirmed its 'BB-' issuer credit rating for TeraWulf Inc. (WULF) and changed the outlook to stable from positive after the company disclosed a 20-year, $19 billion lease with Anthropic for a 401 MW AI data center campus in Hawesville, Kentucky. The agency also assigned a 'BB-' rating to WULF Compute LLC but gave …
Attovia Therapeutics Inc. (NASDAQ:ATTO) saw its stock surge 24% in its first day of trading after pricing 17 million shares at $17 and raising $289 million. Shares opened at $21, implying a market capitalization near $904 million. The company, built around a technology platform and patents licensed from Alamar Biosciences Inc., issued an underwrite…
JPMorgan Chase and the Amazon Advanced Solutions Lab unveiled a joint research program producing three papers that demonstrate methods for applying near-term Rydberg quantum hardware to large-scale optimization problems in finance. The work includes a decomposition pipeline for portfolio optimization, a compilation toolkit for maximum independent s…
Tanger reported higher shopper traffic and sales during June and July tied to World Cup-related visitation. With properties in eight of the 11 host cities, the company said the tournament presented a chance to reach new customers and that athletic and American brands performed well. Management attributed quarterly strength to marketing and traffic-…
The S&P 500 posted a record closing high this week amid strong quarterly results, heavy AI-related capital spending by major cloud providers, and a partial reset in overheated AI names. With more than three quarters of companies having reported, second-quarter earnings are tracking to robust year-over-year growth, which along with moderated valuati…
On Aug. 5 retail buyers aggressively purchased SpaceX shares in the wake of a significant price drop after the company’s first public earnings report. Mom-and-pop traders bought a net $22.7 million in the first hour of trading, part of sustained retail demand that has yet to record a net selling day since the June 12 IPO. Heavy trading volumes and …
Alphabet shares dropped to a session low, falling 5.4% after reports that long-time Google AI leader Jeff Dean is leaving to found a new AI startup, Discovery Loop. The venture - a public-benefit corporation focused on automating complex scientific research and later expanding into hardware, drug discovery and clean energy - counts Alphabet as a fo…
