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
New York state legislators have brought back a bill aimed at restricting investors who acquire distressed sovereign bonds with the primary intent to litigate for full repayment. The measure would amend champerty rules to let courts dismiss claims where debt was bought mainly to pursue lawsuits, and it would replace the states fixed 9% pre-judgment…
U.S. Transportation Secretary Sean Duffy expressed reservations about using federal funds to support Spirit Airlines, warning against throwing "good money after bad." President Donald Trump suggested the government might step in to protect roughly 14,000 jobs, while Spirit pursues a second bankruptcy restructuring amid challenging conditions for po…
Meta Platforms has begun building a data center in Tulsa, Oklahoma, a project valued at more than $1 billion that will add significant construction activity and create operational roles once completed. The facility, Meta's first in Oklahoma, is part of a broader push by major technology firms to expand data-center capacity to support artificial int…
U.S. stock markets finished the session lower, with the Dow Jones Industrial Average down 0.59%, the S&P 500 off 0.63% and the Nasdaq Composite down 0.59%. Losses were concentrated in the Utilities, Industrials and Consumer Goods sectors. A handful of large-cap names posted gains while a number of small-cap and micro-cap listings experienced extrem…
Toronto stocks closed lower Tuesday, with the S&P/TSX Composite dropping 1.61%. Losses were concentrated in Materials, Clean Technology and Healthcare. Market breadth favored decliners, volatility measures ticked higher and commodity moves were mixed, with gold sliding and crude oil rising ahead of the June contracts.
A federal judge in New Jersey postponed the scheduled criminal sentencing of Purdue Pharma by one week to permit broader in-person participation from victims and the public. The delay affects the finalization of a bankruptcy settlement under which the company would be dissolved and its assets used to pay $7.4 billion to those harmed by the opioid e…
United Airlines told investors it now expects second-quarter and full-year adjusted earnings below Wall Street consensus after a sharp jump in fuel costs squeezed margins. While premium and corporate demand remained firm in the first quarter, the airline said higher jet fuel prices - driven by the Iran war - are reducing near-term profitability and…
Adobe announced a $25 billion stock repurchase program that sent the company's shares up 4% in after-hours trading. The board approved an authorization that allows repurchases in the open market and through structured agreements with third parties, with the program running through April 30, 2030. Company executives framed the move as a demonstratio…
Hasbro shares declined after a report that the company informed a unit of Indian manufacturer Aequs it intended to stop placing purchase orders. UBS analyst Arpine Kocharyan flagged the report and said it could be an early sign of impact from a cybersecurity incident Hasbro disclosed on April 1, though Hasbro has told reporters the supplier move is…
Deutsche Telekom is reportedly considering a full combination with its U.S. unit T-Mobile through a potential new holding company that would make a stock bid for both firms. The talks are at an early stage, and any transaction would need political support before it could proceed. Deutsche Telekom currently holds nearly a 53% stake in T-Mobile. Shar…
Shares of T-Mobile US Inc. (NASDAQ:TMUS) rose after a report that Deutsche Telekom is exploring a full combination with its U.S. unit. Plans under discussion would create a single corporate group via a new holding company that would make a stock bid for both companies and could seek listings in the U.S. and a major European market. Talks are early …
Meta is rolling out software that records U.S.-based employees' mouse movements, clicks and keystrokes to create training data for artificial intelligence models. The Model Capability Initiative will monitor specified work-related apps and websites and take intermittent screenshots, with the company saying the material will be used to teach models …
Defense Secretary Pete Hegseth announced that the Pentagon will end its requirement that every U.S. service member receive an annual influenza vaccine. The change removes a universal public health mandate for the military, leaving vaccination as an individual choice while preserving access for those who wish to be vaccinated.
PlusAI and Churchill Capital Corp IX have mutually terminated their business combination agreement. PlusAI said current investors will support a forthcoming capital raise as the company pivots away from a special purpose acquisition company route and continues commercial operations of its products, while forecasting robust revenue in 2026 and addit…
ASM International projected second-quarter revenue well above analyst expectations after reporting first-quarter sales that beat forecasts. The company said it will stop publishing new order figures, a move that drew little investor ire given the upbeat revenue outlook. Executives noted customers are investing both in current leading-edge capacity …
Tuesday's session produced sizable moves across the market-cap spectrum, with UnitedHealth Group surging nearly 9% among mega-caps and Northern Trust posting a notable gain in the large-cap cohort. Several established names, including General Electric and Tractor Supply Company, registered double-digit declines. The day featured both corporate-spec…
Amble Electronics reported a record first quarter driven by acute memory shortages and manufacturer price increases, with revenue rising five times from a year earlier and 20-30% sequential growth. Strong buying concentrated in January and February as customers pulled orders forward to avoid higher prices, while activity eased in late March and int…
A compact set of U.S. scheduled releases on Wednesday, April 22, 2026, centers on the Energy Information Administration's weekly crude oil inventory report and a 20-year Treasury bond auction. The EIA data, including crude, gasoline and distillate stock changes as well as refinery and import figures, arrives at 9:30 AM ET. The Treasury's 20-year of…
Investors in Peru's copper and gold industry are growing nervous as the presidential vote count remains incomplete amid allegations of irregularities. While political uncertainty is elevating market scrutiny, analysts and banks say the direct impact on mining projects is likely to be limited, with high copper prices still supporting interest in new…
The U.S. Navy has moved to equip its surface ships with Patriot PAC-3 interceptors, awarding Lockheed Martin a $200 million contract to integrate the missiles into a naval weapons system. The Navy is seeking $1.7 billion in its fiscal 2027 budget for PAC-3 MSE purchases, and the Pentagon has agreed to scale production from about 600 units per year …
The Department of Defense has contracted Lockheed Martin to integrate the Patriot Advanced Capability-3 Missile Segment Enhancement (PAC-3 MSE) interceptor into the Navy's Aegis combat system. The award marks the first plan to field the Army's Patriot interceptor on surface ships, a move driven by concerns about potential hypersonic threats in the …
Alaska Air Group has suspended its full-year guidance after volatile jet fuel prices and sharply higher refining margins squeezed the carrier's ability to plan for the remainder of the year. The airline is recouping roughly one-third of the recent fuel cost increase through fare hikes, but the remaining gap is expected to weigh on June-quarter resu…
Alaska Air Group said robust travel demand and higher fares are helping to blunt the impact of a sharp increase in jet fuel prices, but the carrier withdrew its full-year guidance and warned of a steep hit to second-quarter profits. The company said recent fare gains are covering roughly one-third of the rise in fuel costs, while volatile fuel pric…
Microsoft announced lower monthly prices for Xbox Game Pass Ultimate and PC Game Pass and said upcoming Call of Duty titles will no longer be available on day one through the subscription service. The move - the first significant strategic change under gaming chief Asha Sharma - rolls back an earlier decision made after Microsoft acquired Activisio…
Microsoft said it will lower monthly costs for its Xbox Game Pass subscriptions and will stop adding new Call of Duty releases to the service at launch. The move, announced Tuesday, is the first significant strategic change under Asha Sharma, who now heads the company's gaming division following recent executive departures.
