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
Health and Human Services Secretary Robert F. Kennedy Jr. told a Senate budget hearing he was not involved in the U.S. Food and Drug Administration's decision to decline approval of Replimune's investigational skin cancer therapy RP1, saying the matter rested with FDA Commissioner Dr. Marty Makary. The FDA cited insufficient evidence from a single-…
Rebeca Grynspan, candidate for U.N. secretary-general and current head of the U.N. Conference on Trade and Development, told a candidacy hearing in New York that peacemaking would be her foremost duty if selected and that she would also pursue reforms to restore trust in the organization. Grynspan is one of four contenders seeking the five-year ter…
TMX Group has agreed to purchase Cboe Global Markets’ Canadian and Australian exchange businesses for $300 million. The acquisition, which includes Cboe Canada and Cboe Australia, brings revenue and adjusted EBITDA contributions from those units and is intended to expand TMX’s footprint in mining-heavy markets while supporting growth in derivatives…
Goldman Sachs has named Akila Raman as global head of its private and alternatives capital markets business and expanded Michael Voris's responsibilities as Americas head of Equity Derivatives. Both appointments sit within the Capital Solutions Group, the unit formed last year to support financing for large transactions and to provide loans to corp…
VAST Data said its Series F fundraise valued the company at $30 billion, more than tripling its 2023 valuation. The New York-based storage software provider, backed by Nvidia, secured roughly $1 billion in primary and secondary capital from a round led by Drive Capital and Access Industries, with participation from existing and new investors. Proce…
Morgan Stanley’s Global Hotel Weekly RevPAR tracker recorded a notable pickup in U.S. revenue per available room for the week ending April 18, with sizeable year-over-year gains in several markets. The U.S. recorded a 14.6% increase, aided by easier comparisons tied to last year’s later Easter. Japan also posted strong growth, while Europe, the U.K…
Micron Technology is actively advocating for new U.S. export controls aimed at equipment supplied to Chinese chip fabrication facilities. A U.S. House panel has moved to vote on the MATCH Act, legislation intended to close loopholes in existing restrictions and to encourage foreign vendors to align with curbs already applied to U.S. equipment maker…
Deutsche Telekom is conducting early-stage discussions to merge with majority-owned T-Mobile US, a move that could create the world’s largest telecoms company by market capitalisation. Shares of both firms fell after the reports. Analysts note potential financial and strategic advantages but caution the proposal faces significant regulatory scrutin…
NVIDIA and Google Cloud announced an expanded collaboration focused on agentic and physical AI, unveiling new bare-metal instances and an expanded set of GPU-backed offerings. The companies introduced A5X bare-metal instances powered by NVIDIA Vera Rubin that can scale to 960,000 Rubin GPUs in a multisite cluster and up to 80,000 Rubin GPUs in a si…
United Airlines Chief Executive Scott Kirby pushed back on recent reports that he had proposed combining with American Airlines, declining to discuss such speculation on the carrier's earnings call. The idea traces back to a late-February meeting with the U.S. president, according to people familiar with the matter. U.S. political and transportatio…
Yesway's shares rose 10% when trading began on Nasdaq after the convenience-store operator raised $280 million from its U.S. initial public offering. The company sold 14 million shares at $20 apiece and opened at $22. The offering was led by Morgan Stanley, J.P. Morgan and Goldman Sachs. Yesway operates more than 400 stores across seven states, wit…
Yesway began trading on the Nasdaq after pricing its initial public offering at $20 per share. The convenience-store operator offered 14 million shares and opened at $22 just after 12:00PM New York time. Underwriters hold a 30-day option to buy up to 2.1 million additional shares at the IPO price, less the underwriting discount.
Sportradar Group's shares fell 12% on Wednesday after short seller Muddy Waters revealed a short position and alleged the sports data provider knowingly serves illegal gambling operators. The report claims undercover interactions at ICE Barcelona showed Sportradar staff willing to pursue business with illicit operators, and estimates that such clie…
London equities closed modestly lower, with the United Kingdom 100 down 0.18% as weakness in Aerospace & Defense, Fixed Line Telecommunications and Travel & Leisure outweighed gains in mining and industrial names. Glencore, Bunzl and Rio Tinto were among the session's best performers, while Melrose, Reckitt Benckiser and JD Sports ranked among the …
U.K. stocks ended lower on Wednesday, with losses concentrated in Aerospace & Defense, Fixed Line Telecommunications and Travel & Leisure. The broad market closed with more decliners than advancers as commodities rallied and major FX pairs were largely unchanged. Gold and oil prices rose, while the U.S. dollar index inched higher.
Spain's benchmark IBEX 35 finished the session lower, slipping 0.75% at the close in Madrid. Losses were concentrated in Telecoms & IT, Consumer Services and Consumer Goods. Market breadth was negative, with more decliners than advancers. Several blue‑chip names recorded notable moves while key commodities advanced and major currency pairs showed m…
Portugal's main stock index, the PSI, closed higher on Wednesday, rising 0.54% as gains in the Utilities, Financials and Basic Materials sectors pushed the market up. EDP Energias de Portugal, Banco Comercial Portugues and Galp Energia were the top performers, while Ibersol, Mota Engil and Nos finished at the bottom of the index. Commodity markets …
Netherlands equities closed modestly higher Wednesday, with the AEX index up 0.22%. Strength in the Oil & Gas, Technology and Basic Materials sectors supported the market, while individual stock moves included a sharp gain for ASM International and a decline for Magnum Ice Cream. Commodity prices rose, with both Brent and U.S. crude higher and June…
Italian equities finished in negative territory on Wednesday, with the main Italy 40 benchmark down 0.29%. Gains in select energy and payments names were offset by losses in Financials, Technology and Healthcare. Market breadth on the Milan exchange showed more advancers than decliners, while crude oil and Brent climbed sharply and gold ticked high…
Germany's equity market ended Wednesday with losses as weakness in Telecoms, Construction and Retail pushed the major indices into the red. The DAX retreated 0.25% at the close in Frankfurt, while the MDAX and TecDAX registered larger declines. Utilities and semiconductor names featured among the session's strongest gains, even as several blue-chip…
Paris equities closed lower Wednesday, with the CAC 40 down 0.96% and the SBF 120 off 0.92%. Losses were concentrated in the Industrials, Healthcare and Financials sectors. Notable movers included Danone, Engie and TotalEnergies to the upside, while Bureau Veritas, Eurofins and Safran were among the largest decliners. Market breadth favored decline…
Belgian equities closed lower on Wednesday, with the BEL 20 falling 0.82% after weakness in the Industrials, Healthcare and Consumer Goods sectors. Solvay, Elia and Melexis were among the session's gainers, while KBC, UCB and D'Ieteren led decliners. Market breadth favored losers, and major commodities and currency benchmarks posted gains.
Rothschild & Co Redburn updated supply-demand modeling indicating converging forces that could push lithium into surplus in 2027, depress prices to $15–16/kg by year-end, and weaken the investment case for major producers. The firm highlights China policy shifts, pulled-forward production in 2026, and slower EV sales growth as key drivers. It downg…
Shares of several major cannabis companies jumped after reports surfaced that the administration plans to reclassify marijuana as a Schedule III drug, a move that would ease research barriers but would not legalize the substance or alter existing sentences for possession immediately. The news lifted individual growers and a U.S. cannabis ETF.
Swedish equities ended the trading session lower on Wednesday, with losses concentrated in Basic Materials, Healthcare and Industrials. The benchmark OMX Stockholm 30 declined 0.16% by the close, while market breadth showed more decliners than advancers. Key movers included ABB, which hit an all-time high, and several large-cap laggards such as AB …
