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.
20,605 total articles
Shares of New World Development Co rose sharply after reports that U.S. private equity firm Blackstone is in advanced discussions to acquire a stake that would make it the company's single largest shareholder. New World confirmed its controlling shareholder has been approached by multiple potential investors but said no binding agreement exists and…
Australian lithium producer PLS Group (ASX:PLS) posted a 73% increase in December-quarter revenue to A$373 million as rising lithium prices and higher spodumene production improved results. The company said it could restart its Ngungaju plant in Western Australia within four months, citing strong offtake interest, and will decide in the next quarte…
Asian equity trading opened choppy on Friday after U.S. President Donald Trump backed a bipartisan plan to avoid a government shutdown and said he has selected a candidate to lead the Federal Reserve. MSCI’s Asia-Pacific index outside Japan swung between gains and losses and was modestly lower as it sought its strongest monthly advance in over thre…
Indonesian equities are set for a tentative start after MSCI raised concerns about ownership and trading transparency, prompting a selloff that erased over $80 billion in market value. Authorities announced measures including raising the free-float requirement to 15% and reviewing shareholders with holdings under 5%, and say talks with MSCI have be…
Muzero Acquisition Corp has priced an initial public offering of 17.5 million units at $10 each, representing $175 million in gross proceeds. Each unit contains one Class A ordinary share and one-half of a redeemable warrant; each whole warrant permits the holder to buy one Class A ordinary share at $11.50. Units are slated to start trading on NASD…
President Donald Trump announced that the United States is decertifying Bombardier Global Express business jets and warned of a 50% tariff on aircraft imported from Canada if Ottawa does not certify several Gulfstream models. The administration's statement raises legal and operational questions about who can revoke aircraft certifications and what …
U.S. equity futures moved lower Thursday evening following a broadly weaker regular session on Wall Street, driven largely by a sharp drop in Microsoft shares after its quarterly report highlighted slowing cloud revenue growth and record AI-related spending. Investors also absorbed a slate of corporate earnings, including stronger-than-expected res…
Stryker raised its full-year earnings-per-share guidance after posting better-than-expected adjusted fourth-quarter profit and revenue driven by implants and surgical devices. Management said tariffs will add about $400 million of costs in 2026 - roughly $200 million more than the prior year - and that impact will be felt in the first half, while t…
Venezuela's legislature has passed a comprehensive revision of the country's principal hydrocarbons law that reduces certain taxes, expands the oil ministry's authority, permits private operators greater autonomy over production and payments, and enables asset transfers and outsourcing. The reforms, fast-tracked in under two weeks, are pitched as a…
A U.S. district judge has thrown out a suit by five cancer plaintiffs who accused Johnson & Johnson of using repeated corporate bankruptcy filings to frustrate access to relief in tens of thousands of talc-related claims. The judge concluded the plaintiffs failed to demonstrate they suffered a legally cognizable injury from litigation delays betwee…
OpenAI is preparing for a potential initial public offering in the fourth quarter of 2026, holding preliminary discussions with Wall Street lenders and expanding its finance staff. The move comes amid internal concerns that rival Anthropic could reach public markets first, and as OpenAI seeks significant private capital to cover the substantial cos…
Mondelez International said its finance chief, Luca Zaramella, will take on the newly established chief operating officer post beginning in February. The snack and confectionery company has opened a search for Zaramella's replacement as chief financial officer. The redefined executive structure is intended to accelerate execution and allow the CEO …
Newbridge Acquisition Limited has set the terms for its initial public offering, selling 5 million units at $10.00 per unit in an offering that values the primary issuance at $50 million. The units are scheduled to begin trading on the NASDAQ Capital Market under the ticker "NBRGU" on January 30, 2026, with the underlying Class A ordinary shares an…
The Hartford reported a 33% increase in core earnings for the fourth quarter, supported by improved underwriting outcomes and stronger investment income. Growth in business insurance premiums and a lower combined ratio helped lift results, while investment returns benefited from larger invested assets and higher reinvestment yields.
The U.S. Department of Labor’s Employee Benefits Security Administration proposed a regulation that would require pharmacy benefit managers to disclose the full range of fees and compensation they receive. The rule targets disclosures of rebates, manufacturer payments, compensation tied to differences between plan payments and pharmacy reimbursemen…
BMG Rights Management, part of German media group Bertelsmann, is reportedly weighing an acquisition of Concord in a transaction that could reach $7 billion. Sources told Bloomberg that BMG may propose a mix of cash and stock for Concord, which is majority owned by the State of Michigan Retirement System. Talks are ongoing and not certain to produc…
Perplexity has agreed to a three-year, $750 million deal to run frontier AI models on Microsoft's Azure Foundry service, a move that provides an alternate cloud engine amid an ongoing legal dispute with Amazon over the startup's shopping agent. Perplexity says it still considers AWS its preferred provider and plans further expansions there.
Two major international miners are reportedly on the verge of agreeing to buy control of Companhia Brasileira de Alumínio (CBA) from Brazil’s Grupo Votorantim. The seller is divesting a 69% stake in the integrated aluminium producer, which has seen its shares more than double over the past year and currently has a market capitalization of $1.27 bil…
Arthur J. Gallagher reported a 24.5% rise in adjusted profit for the fourth quarter, helped by a notable increase in commissions and fees. Commissions rose to $2.06 billion from $1.50 billion year-over-year, while total fees climbed nearly 34.8% to $1.2 billion. The results underscore durable demand for insurance coverage among businesses and house…
L3Harris Technologies Integrated Systems L.P. has been awarded a $95,573,639 cost-plus-fixed-fee contract by the U.S. Department of War for contractor logistics support. The agreement covers sustainment work for aircraft and ground stations to be carried out at the company’s Greenville, Texas facility, with an expected completion date of December 3…
The U.S. Department of War announced a $1.03 billion modification to Raytheon’s contract for the production of Lower Tier Air and Missile Defense Sensor systems. The contract change, identified as P00013, covers Year Two production requirements, designates work at Raytheon’s Andover, Massachusetts facilities, and is overseen by the Army Contracting…
A federal judge in Manhattan ruled that certain allegations in a proposed class action by survivors of Jeffrey Epstein may move forward against Bank of America, while dismissing an identical suit against Bank of New York Mellon. The decision narrows the case against Bank of America to two counts related to knowingly benefiting from and obstructing …
Wells Fargo's independent directors have approved a $40 million compensation package for Chairman and CEO Charlie Scharf for the 2025 performance year. The award combines a $2.5 million base salary with $37.5 million in variable pay, split between cash and long-term equity, and follows the Board's review of corporate and individual results.
A federal jury in San Francisco convicted former Google engineer Linwei Ding of stealing thousands of pages of confidential AI-related materials and providing them to two Chinese companies he was secretly aligned with. The conviction covers multiple counts of economic espionage and theft of trade secrets, exposing Ding to substantial prison terms a…
Adidas reported preliminary fourth-quarter results showing solid currency-neutral top-line growth, margin improvement that beat expectations, and announced a return-to-capital program. The news lifted the company's ADRs and sets the stage for full-year guidance at a March presentation while management cites cash flow and balance sheet strength to f…
