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
IBM reported first-quarter revenue and adjusted profit that exceeded analyst estimates, driven by rising enterprise demand for generative AI and hybrid cloud services. The company’s software business, supported by Red Hat and Watsonx, and its infrastructure segment led by mainframes posted double-digit growth. Despite the beats, IBM shares fell rou…
Tesla reported $1.44 billion of free cash flow for Q1, surprising analysts who had forecast a cash burn. Revenue for the quarter missed expectations and vehicle deliveries fell short of Wall Street targets despite year-over-year growth. Investors are watching Tesla's autonomy and robotics efforts, the companynergy storage business, and plans for a…
JPMorgan has recruited two senior technology bankers from Bank of America to bolster its semiconductor and internet/AI capabilities, naming Kaushik Banerjee and Homan Milani as managing directors. The moves, disclosed in an internal memo by the bank’s Global Co-Heads of Technology Investment Banking, come as JPMorgan expands its technology investme…
Shares of ASML fell about 3.7% Wednesday afternoon after reports indicated Taiwan Semiconductor Manufacturing Co. will defer adoption of ASML’s high numerical aperture extreme ultraviolet lithography equipment for chip production through 2029. TSMC described the next-generation machines as costly and plans to continue with current EUV technology wh…
Taiwan Semiconductor Manufacturing Co (TSMC) has begun construction to expand advanced chip packaging capabilities at its Arizona facility and intends to bring CoWoS and 3D-IC packaging online by 2029. The move aims to address a packaging bottleneck affecting modern AI chips, which require multiple dies integrated with advanced packaging technologi…
Taiwan Semiconductor Manufacturing Co announced two new process variants designed to deliver denser and quicker chips without adopting ASML's much more expensive high-NA EUV tools. The company detailed an A13 node slated for 2029 and a lower-cost N2U option for broader device classes, while also outlining plans to stitch many more compute dies and …
A coalition of coffee roasters and traders has launched the Coffee Canopy Partnership, a satellite- and AI-driven initiative to map coffee farms and detect adjacent forest loss. The effort, which includes JDE Peet's and several commodity traders, will begin work in six East African countries and aims to expand to all coffee-producing regions by 202…
Thursday brings a broad set of corporate earnings across multiple sectors, headlined by semiconductor heavyweight Intel, gold miner Newmont, cable and media operator Comcast, defense contractor Lockheed Martin, and diversified industrial Honeywell International. The day’s schedule is split between reports released before the market opens and those …
LinkedIn has appointed its Chief Operating Officer Daniel Shapero as chief executive officer, replacing Ryan Roslansky, with the change effective immediately. Shapero, a long-time LinkedIn executive who joined in 2008 as general manager for the LinkedIn Research Network, will lead the company as it seeks a larger role amid rapid AI-driven changes t…
Stocks across market-cap tiers moved sharply Wednesday as company-specific developments - including earnings beats, contract awards, production investments and weaker guidance - drove both rallies and heavy sell-offs. GE Vernova and Micron Tech led gains among mega-caps, while Avis Budget and several mid- and small-cap names posted steep declines.
Market participants face a full slate of U.S. economic data on Thursday, April 23, 2026, headlined by initial jobless claims and monthly purchasing managers' indexes for services and manufacturing. The timing and content of these releases - along with weekly Federal Reserve balance metrics and Treasury bill auctions - will offer fresh signals on la…
Rivian has begun producing its first customer R2 midsize SUVs and is using the new model as a platform for advancing its autonomous driving program. CEO RJ Scaringe said the R2 fleet will feed data into the company’s large driving model via upgraded sensors and chips. The vehicle expands Rivian’s market reach with lower-priced variants, while produ…
Arm Holdings ADR (NASDAQ:ARM) climbed sharply after the company’s chief executive, Rene Haas, assumed an extra role as Chief Executive Officer of SoftBank Group International. The move - effective Monday - reinforces the operational link between Arm and its largest shareholder, SoftBank, and coincides with elevated demand and pricing for CPUs amid …
U.S. officials are expected to move marijuana out of the most restrictive federal category and into a lower-risk schedule. Such a change would remove a major tax barrier, potentially widen access to banking and institutional capital, and accelerate clinical study — changes that could materially affect producers, investors and the broader cannabis m…
Deutsche Telekom is reportedly considering a transaction with T-Mobile US that would form a combined company valued at about $300 billion, surpassing the 1999 Vodafone-Mannesmann deal as the largest M&A on record. The German group already owns 53% of the U.S. carrier. Possible structures could mirror past cross-border all-share mergers with a newly…
Shares of major credit scoring firms fell sharply after Freddie Mac and Fannie Mae said they would begin accepting mortgage loans assessed using VantageScore 4.0. The announcement included a limited rollout with approved lenders and confirmation that work is underway to implement FICO Score 10T, beginning with the publication of historical credit s…
Institutional Shareholder Services (ISS) has recommended that ConocoPhillips investors support a non-binding shareholder proposal to separate the roles of board chair and chief executive, arguing an independent chair would strengthen board oversight. ISS flagged potential shortcomings in the current governance framework and pointed to the company’s…
Spotify stock dropped sharply on Wednesday after Texas Attorney General Ken Paxton announced an investigation into major streaming services over allegations that platforms accepted payoffs to promote specific songs, artists, or other content. The inquiry, which also targets Apple Music, Pandora, Amazon Music, and YouTube Music, involves Civil Inves…
Minutes from the Reserve Bank of India’s April 2026 Monetary Policy Committee meeting show policymakers taking a measured stance amid supply-chain disruption tied to the Middle East conflict. Goldman Sachs continues to forecast two 25 basis point repo rate increases this year, lifting the repo rate to 5.75% by end-2026, while MPC members emphasize …
Replimune Group (NASDAQ:REPL) shares rose 15% on Wednesday after Health Secretary Robert F. Kennedy Jr. told a Senate hearing that he was not involved in the Food and Drug Administration’s decision to reject the company’s cancer treatment, RP1. Kennedy said the decision was handled by FDA leadership, and he cited discussions with Commissioner Dr. M…
Mizuho has identified Fair Isaac Corporation (FICO) and Equifax (EFX) as U.S. business-services companies with durable market positions, strong free cash flow potential and exposure to mortgage refinancing and regulatory-led growth. The bank projects above-consensus compound annual growth for several financial metrics at both firms if interest rate…
Northland Capital Markets began coverage of the quantum computing industry, arguing quantum machines are the primary route to handle AI training workloads that exceed classical hardware capacity. Senior analyst Nehal Chokshi set valuations, ratings, and a long-term cash-flow framework that favors certain modalities and specific companies while trea…
Microsoft announced plans to integrate advanced AI systems, including Anthropic's Claude Mythos Preview, into its Security Development Lifecycle (SDL). The company said embedding these models will accelerate discovery of vulnerabilities and the creation of fixes earlier in the software development process. Anthropic's Mythos, unveiled April 7, has …
AbbVie will invest $1.4 billion to build a 185-acre pharmaceutical manufacturing campus in Durham, North Carolina, designed to produce medicines for immunology, neuroscience and oncology. Construction is scheduled to begin in 2026 with a target completion by the end of 2028. The project is the largest single-campus capital expenditure in the compan…
Microsoft announced plans to incorporate Anthropic’s Claude Mythos Preview and other advanced AI models into its secure coding processes. The company says the integration into its Security Development Lifecycle will accelerate early-stage vulnerability identification and fixes. Anthropic is initially deploying Claude Mythos Preview to a limited set…
