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.
30,173 total articles
The International Labour Organization has appointed Sheng Li, a senior U.S. Department of Labor official, as deputy director general following months of delay and a withdrawal by a prior nominee. The move occurs against a backdrop of substantial U.S. unpaid contributions to the ILO budget and planned job cuts at the organization.
ServiceNow said delays in closing several large on-premises government contracts in the Middle East weighed on first-quarter subscription revenue growth, a headwind it quantified at about 75 basis points. The company reported quarterly revenue and earnings that beat estimates but saw its stock fall roughly 12% in extended trading after the disclosu…
SK Hynix recorded a record first-quarter operating profit driven by strong demand tied to artificial intelligence workloads. The chipmaker reported operating profit broadly in line with analyst estimates and saw quarterly revenue nearly triple year-on-year as memory demand expanded across DRAM and NAND flash.
Tesla CEO Elon Musk told investors the company intends to adopt Intel’s 14A manufacturing process for chips produced at its Terafab facility. Intel’s stock rose in extended trading following the announcement. Intel had joined the Terafab initiative earlier this month alongside Tesla and SpaceX to supply processors intended for robotics and data cen…
The Pentagon announced the immediate departure of Navy Secretary John Phelan. The move adds to a series of recent senior leadership changes at the Defense Department and occurs as U.S. naval forces are being increased in the Middle East to support a blockade of Iran during a tense ceasefire period. No detailed explanation for Phelan's removal was p…
Unions at Samsung Electronics have announced plans for a large rally at the company’s Pyeongtaek chip complex, projecting attendance of about 37,000 workers. The demonstration precedes a threatened 18-day strike starting May 21 and highlights growing labour unrest at the world’s largest chipmaker amid booming AI-driven demand and widening pay compe…
Las Vegas Sands reported a rise in first-quarter profit, supported by stronger activity in its Macau and Singapore operations. Revenue from Macau and Singapore climbed year over year, helping the company beat Wall Street estimates for adjusted earnings per share and lift its total quarterly net revenue.
Mexico's stock market closed marginally higher on Wednesday, with the S&P/BMV IPC up 0.04% as Industrials, Consumer Goods & Services and Consumer Staples provided upward momentum. A handful of large-cap companies led gains, while select media and consumer finance names recorded the largest declines. Broader market breadth was tilted toward losers. …
Colombian equities edged up at Wednesday's close, with the COLCAP rising 0.07% as Industrials, Services and Agriculture sectors provided upward momentum. Ecopetrol SA paced gains while several financial and utility names slid. Commodity contracts for coffee, cocoa and gold advanced, and currency pairs including USD/COP and BRL/COP posted modest dec…
Russian equities finished Wednesday's session in positive territory, with the MOEX Russia Index rising 0.35%. Gains in the Mining, Power and Oil & Gas sectors supported the advance, led by AFK Sistema PJSC, Severstal PJSC and Moskovskiy Kreditnyi Bank PAO. Decliners included NOVATEK PJSC, Moskovskaya Birzha PJSC and Rosneft PJSC. Market breadth fav…
CSX reported higher first-quarter revenue and earnings, driven by robust intermodal volumes and disciplined pricing. The Jacksonville, Florida-based railroad saw operating margins expand and recorded higher fuel expenses, largely offset over time through customer fuel surcharges. Shares rose more than 6% after the bell.
Agriculture Secretary Brooke Rollins said the Department of Agriculture will announce the next phase of its reorganization by the end of this week. The phase will include relocating researchers closer to land-grant institutions and follows plans to move most Washington-area staff to five regional hubs and other recent structural changes within the …
Kinder Morgan reported first-quarter adjusted earnings above Wall Street projections, driven by increased volumes of natural gas transported through its pipeline network. The company cited strong regional production and elevated U.S. natural gas demand - supported by record LNG exports and rising electricity consumption from compute-heavy industrie…
SunOpta Inc. has obtained final approval from the Ontario Superior Court of Justice for its proposed cash sale to an affiliate of Refresco Holding B.V. at $6.50 per share and has received a no-action letter from the Commissioner under Canada’s Competition Act, satisfying the Canadian competition clearance requirement. The transaction remains contin…
Hyperscale Data, Inc. (NYSE American: GPUS) said its Defense Systems Group - comprising Gresham Worldwide, Inc. and related party TurnOnGreen, Inc. - is experiencing an uptick in inquiries, program discussions and order flow for defense-related electronic and power systems. Demand is increasing across RF and microwave systems, ruggedized power and …
U.S. equity benchmarks closed at record highs after the U.S. extended a ceasefire with Iran at Pakistan's urging and corporate earnings broadly beat expectations. Gains were concentrated in technology and semiconductors, while travel-related names showed mixed results as fuel costs weigh on airlines.
Prediction markets firm Kalshi has suspended three U.S. congressional hopefuls after identifying trades it classified as political insider trading. The company said its recently introduced safeguards were used to detect the activity. The cases involve two House candidates and one Senate candidate who admitted placing a wager on his own contest.
Lululemon Athletica said it will appoint Heidi O'Neill, formerly President, Consumer, Product & Brand at Nike, as its chief executive officer in September. The move follows mounting pressure from the company's founder and a large activist investor to arrest declines in sales and share price. Calvin McDonald left at the end of January under heav…
Southwest Airlines said it now expects second-quarter earnings per share of $0.35 to $0.65, a midpoint below analyst estimates, as a sharp rise in jet fuel prices tied to the Iran conflict increases operating expenses. The carrier reported weaker-than-expected first-quarter profit and signaled that recent moves to raise fares and fees are a partial…
In after-hours trading, Tesla and several semiconductor firms outperformed following quarterly beats and forward guidance, while select enterprise and consumer names slid after guidance or leadership changes. The session underscores divergent investor reactions to results and outlooks across technology, semiconductor and consumer sectors.
U.S. stock indices closed higher on Wednesday, with the Dow Jones Industrial Average reaching a one-month peak. Strength in Technology, Oil & Gas and Basic Materials contributed to the advance. Several large-cap names on the Dow and the S&P 500 posted notable gains, while other components and select Nasdaq listings showed sharp declines or extreme …
Toronto markets closed higher Wednesday, with the S&P/TSX Composite up 0.43% as strength in Healthcare, Telecoms and Clean Technology stocks propelled the advance. Curaleaf, Rogers Communications and Energy Fuels were the top performers, while Altus Group, BRP and Thomson Reuters weighed on the index. Commodity markets also moved notably, with crud…
Lululemon Athletica announced the selection of Heidi O’Neill as its next chief executive, a move that coincided with a roughly 5% decline in the company’s shares in after-hours trading. O’Neill will join the board and assume the CEO role on September 8, 2026, following a comprehensive search after the previous CEO stepped down in January. Interim c…
Brazil's benchmark Bovespa index closed down 1.65% as losses in the Financials, Industrials and Consumption sectors pushed the market lower. Market breadth favored decliners, volatility as measured by the CBOE Brazil ETF Volatility rose, and key commodities and FX moved higher, with notable moves in crude oil, gold and the real.
Texas Instruments issued second-quarter revenue guidance that exceeds Wall Street expectations, pointing to strengthened demand for its analog chips tied to a surge in data center construction and chip purchases by technology companies. The company also provided higher-than-expected EPS guidance, and its shares climbed more than 7% in extended trad…
