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
RRE Ventures Acquisition Corp. raised $250 million by selling 25 million units priced at $10 apiece in an initial public offering. The Cayman Islands-incorporated special purpose acquisition company began trading on the Nasdaq Global Market on April 30, 2026 and plans to pursue business combinations in sectors aligned with its management team’s exp…
Preliminary ship-tracking data indicate U.S. liquefied natural gas flows to Asia climbed sharply in April, as reduced exports from the Middle East left buyers in the region seeking alternative suppliers. Nearly one quarter of U.S. LNG exports flowed to Asian markets in April, with shipments rising markedly since the conflict in late February, while…
Purdue Pharma has ceased operations and emerged from bankruptcy as a nonprofit, Knoa Pharma, charged with supplying overdose-reversal and addiction-treatment medicines at or below cost. The transition follows the completion of the company's criminal sentencing and is part of a $7.4 billion settlement designed to redirect resources toward addressing…
Commodity Futures Trading Commission data show asset managers reduced net long exposure in S&P 500 Consolidated futures by 21,120 contracts to 998,208 for the week ending April 28, with similar cuts in E-Mini contracts. Dealer and intermediary shorts eased, leveraged funds shifted modestly, and large increases in 10-Year Treasury note longs were re…
A federal jury found former U.S. Representative David Rivera guilty of illegally lobbying U.S. officials in 2017 to ease pressure on Venezuela’s ousted president. The conviction, handed down after a six-week trial in Miami, centered on allegations that Rivera failed to register under the Foreign Agents Registration Act while receiving substantial p…
Shares of SoundHound AI climbed 18% on Friday as momentum traders targeted the stock ahead of the company's May 7 quarterly results. The rally occurred against a backdrop of elevated short interest, leaving market participants to weigh the potential for a short squeeze and increased volatility around the earnings release.
Equity markets on Friday saw a broad mix of advances and declines across market-cap tiers. Large technology and healthcare mega-caps pushed higher, while a set of mid- and small-cap names experienced sharp moves driven by quarterly results, guidance revisions and corporate announcements. Atlassian posted one of the largest single-day gains among la…
Markets enter the week with a set of scheduled releases and speeches on Monday, May 4, 2026, led by factory orders data at 9:00 AM ET and remarks from Federal Reserve Bank of New York President John Williams at 11:50 AM ET. The flow of manufacturing metrics, short-term Treasury bill auctions, and banking surveys will offer fresh information on dema…
U.S. equities appeared poised for a positive start to May, with the S&P 500 and Nasdaq climbing despite lingering concerns about the fragility of the U.S.-Iran ceasefire. After a busy week of corporate results, several individual names stood out for the magnitude of their moves: Intel and Google rallied on robust quarterly beats and AI-driven momen…
Exxon Mobil is assessing possible investments in Venezuela following recent changes to the country's energy regulations and contract terms, CEO Darren Woods said. The comments mark a shift from earlier in the year when Woods described Venezuela's oil sector as "uninvestable" during a White House meeting. Exxon dispatched a team to Venezuela to exam…
Two U.S. senators have accused Meta of improperly removing advertisements placed by attorneys seeking clients for lawsuits alleging social media-driven addiction and harm. The bipartisan letter to Chief Executive Officer Mark Zuckerberg follows reporting that Meta pulled the ads, which attorneys said were intended to recruit plaintiffs for ongoing …
Meta Platforms has completed its acquisition of Assured Robot Intelligence, a startup that develops AI models for robots. The team and co-founders will join Meta Superintelligence Labs and collaborate with Meta Robotics Studio to advance humanoid capabilities. Financial terms were not disclosed; Assured’s staff were based in San Diego and New York.
The U.S. Food and Drug Administration has authorized early access to Revolution Medicines' oral KRAS inhibitor daraxonrasib for patients with previously treated metastatic pancreatic ductal adenocarcinoma. The decision allows investigational use outside of clinical trials prior to full regulatory approval, and follows late-stage data the company re…
A U.S. bankruptcy judge has cleared Saks Global to solicit creditor votes on a Chapter 11 restructuring that would extinguish current equity and transfer control to senior lenders who have committed new financing. The plan, which reduces most prepetition debt and follows store closures and repaired vendor relationships, faces a creditor vote due by…
The U.S. Food and Drug Administration has authorized early access for Revolution Medicines' oral KRAS inhibitor daraxonrasib in patients with previously treated metastatic pancreatic ductal adenocarcinoma. The drug, which the company said doubled survival versus chemotherapy in a late-stage trial, is also under evaluation in late-stage non-small ce…
ARC Group Acquisition I Corp completed its initial public offering on May 1, 2026, selling 12.075 million units at $10.00 each and raising $120.75 million. The offering included a full exercise of the underwriters' over-allotment option. Units began trading on NASDAQ under the symbol ARCLU on April 30, 2026, and the company expects the component se…
A federal bankruptcy judge approved Saks Global's disclosure statement, allowing the company to solicit creditor votes on a Chapter 11 restructuring that would eliminate existing equity, reduce most prepetition debt, and transfer control to senior lenders who provided new financing during the case. Creditors must cast ballots by June 1.
U.K. equities finished marginally lower on Friday, with losses concentrated in Pharmaceuticals & Biotech, Fixed Line Telecommunications and Industrial Engineering. The Investing.com United Kingdom 100 index closed down 0.01%, while a mix of individual winners and losers produced a market breadth showing more advancers than decliners on the sess…
The Catholic Archdiocese of New York has reached a proposed agreement to pay $800 million to about 1,300 people who say they were sexually abused by clergy. The settlement, which would rank among the largest in recent U.S. church abuse litigation, is conditional on final documentation and agreement by survivors. It also includes a commitment by the…
Wolfe Research has started coverage on Rubrik with an Outperform rating and a $70 price target, citing the company's cloud-native approach, Zero Trust architecture and positioning at the nexus of data protection and cyber resilience. The analyst projects subscription ARR growth above company guidance and highlights Identity Security as a notable gr…
Rhythm Pharmaceuticals saw its stock rise after the European Commission approved Imcivree for the treatment of obesity and control of hunger in adults and children aged four and older with acquired hypothalamic obesity. The approval makes Imcivree the first authorized therapy for this rare condition in Europe. Rhythm plans European commercial launc…
Newell Brands raised its net sales outlook for the year and nudged up the low end of its normalized EPS guidance after first-quarter results topped sales forecasts and produced a smaller-than-expected loss. Shares climbed as much as 13.2% to $4.62 on Friday, extending the stock's year-to-date gains.
German Finance Minister Lars Klingbeil said oil companies must pass on the benefits of a temporary energy tax reduction to consumers. The cut, roughly 0.17 euros per litre on diesel and petrol, is intended to provide about 1.6 billion euros in relief and will be in place for May and June as the government seeks to blunt the economic effects of high…
Spirit Airlines is preparing to suspend operations after failing to secure a $500 million lifeline, according to people familiar with the situation. The carrier could not obtain enough support from certain bondholders and the government to arrange funding before it exhausted available cash. Shares of Spirit plunged about 75% on the news while sever…
Several hundred workers staged a march through Zenica to protest the recent closure of the 130-year-old Zenica Steel Factory, Bosnia’s last major steel mill. Protesters warned the shutdown endangers thousands of jobs across the sector and follows a February closure of a Lukavac coke plant. The plant’s current owner cited logistical difficulties, ch…
