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
Future Money Acquisition Corporation completed its initial public offering at $10 per unit, generating $112 million in gross proceeds. The special purpose acquisition company sold 11.2 million units, including a partial exercise of the underwriters' over-allotment option, and began trading on the Nasdaq Global Market under the symbol FMACU prior to…
FedEx said its Chief Financial Officer John Dietrich will step down effective June 1, coinciding with the planned spinoff of FedEx Freight into a publicly traded company. Claude Russ will act as interim CFO while the board conducts a search for Dietrich's successor. The company reiterated its adjusted profit guidance for the fiscal year ending May …
Credo Technology Group Holding said it has signed a definitive agreement to acquire Silicon Photonics specialist DustPhotonics. The deal, announced Monday, sent Credo shares up about 10% in after-hours trading as the company outlined plans to integrate DustPhotonics’ photonic integrated circuit (PIC) technology into its optical interconnect roadmap…
Thoma Bravo has agreed to merge HCSS, a heavy civil construction software provider, into Nemetschek Group’s Build & Construct segment. Under the planned structure, Nemetschek SE will hold about 72% of the combined segment shares while Thoma Bravo-managed funds will retain roughly 28% as a minority stake. The transaction is expected to close in the …
U.S. stock indices finished higher on Monday, driven by strength in Technology, Financials and Industrials. The Dow Jones Industrial Average rose 0.63% to reach a new one-month high, while the S&P 500 climbed 1.02% and the NASDAQ Composite gained 1.23%. Broad market breadth favored advancing issues on both exchanges.
Canada's S&P/TSX Composite finished higher, rising 0.54% to reach a new one-month peak, with IT, Financials and Telecoms among the leading sectors. Several individual names recorded notable moves in both directions, while the S&P/TSX 60 VIX climbed and commodity prices showed divergent performance in gold and oil.
Brazil's main equity gauge closed higher on Monday, with the Bovespa rising 0.34% to reach a new five-year high. Strength in Real Estate, Basic Materials and Consumer sectors underpinned the session, while individual stocks showed wide dispersion. Option-implied volatility ticked higher and key commodities and currency pairs exhibited mixed moves.
Sana Biotechnology's stock climbed about 13% in after-hours trading on Monday after the company announced a strategic collaboration with the Mayo Clinic to advance SC451, an investigational pancreatic islet cell therapy designed to provide durable glucose control without ongoing insulin or immunosuppression. The agreement includes Mayo Clinic equit…
Greenlight Capital disclosed new positions in Versant Media (VSNT), Crocs Inc. (CROX) and SLM Corp. (SLM) during the first quarter through its quarterly letter, while closing positions in several other names. The hedge fund reported a 6.5% return for the quarter, net of fees and expenses, outpacing the S&P 500, which fell 4.4% over the same period.
A Bank of America survey of 30 global fund managers overseeing $341 billion indicates that recent US dollar strength is widely viewed as a short-lived response to geopolitical events rather than a durable trend. While many managers covered short positions on the dollar after the outbreak of the Iran conflict, few moved to a fully bullish stance. Re…
Brazil removed its secretary of labor inspection from his post after he ignored an instruction from the labor minister and added Chinese automaker BYD to the government's registry of employers accused of subjecting workers to conditions described as akin to slavery. The move intensifies a conflict between inspectors who pursue serious labor abuses …
Roblox's stock climbed 5% after the gaming platform announced two new age-targeted account types - Roblox Kids for ages 5-8 and Roblox Select for ages 9-15 - due to launch in early June. The company will align content access, communication defaults and parental controls to user age, automatically transition users as they age, and apply extra safegu…
Codelco, the world's largest copper producer, says cost pressures from the Middle East war have pushed its cash costs higher by at least $0.10 per pound, but the company remains on course to meet its 2026 output goal. Chairman Maximo Pacheco told Reuters the miner produced 271,300 tonnes of copper in the first quarter, experienced a recent multi-ye…
Stocks moved sharply Monday with winners and losers spanning mega-cap technology, large- and mid-cap software and hardware names, and volatile small-cap biotech issues. Oracle jumped after product additions to its Aconex platform, Intel and other large tech names rose, while several financial and consumer staples names declined. Biotech headlines -…
Traders face a busy Tuesday, April 14, 2026, highlighted by the Producer Price Index (PPI) release at 7:30 AM ET. A slate of additional data and central bank speeches through the day - including energy reports, employment indicators, small business sentiment and multiple Federal Reserve officials - will offer further context on inflation and econom…
Bank of America has identified six consumer staples companies it views as top selections ahead of first-quarter earnings season. The list spans beverages, coconut water, snacks, protein, oral care and household products, with analysts laying out near-term earnings estimates, margin expectations and event-driven catalysts investors should watch as r…
Stellantis will complete its withdrawal from hydrogen fuel cell joint venture Symbio by May, incurring an estimated cost of 235 million euros ($275.6 million). The carmaker ended its hydrogen fuel cell programme in July 2025 and will not introduce hydrogen-powered vehicles. Following a conciliation process, Michelin and Forvia are expected to each …
Regulatory changes designed to keep the grid stable for rapidly expanding AI data centers have reversed recent progress on coal plant emissions controls. In St. Louis, where residents already face poor air quality and heavy pollution from Ameren’s Labadie Energy Center, activists say newly weakened federal standards and policy shifts mean cleaner a…
US equities ticked higher as a sharp rise in crude prices pushed front-month Brent to $100 per barrel. Goldman Sachs analysts identified energy stocks for purchase under normalized oil assumptions and outlined how the broader energy shock and private credit stress are reshaping opportunities and risks for exploration, refining and alternative asset…
Texas Attorney General Ken Paxton has launched an investigation into whether Lululemon athletic apparel contains PFAS, commonly known as 'forever chemicals.' The office will review the company's testing protocols, restricted substances list and supply-chain practices in light of emerging research and consumer complaints; Lululemon did not immediate…
Cellnex is reportedly discussing the sale of its majority holding in its Swiss operations to Manulife Financial Corporation's investment management arm. The talks, which involve financial advisers, revisit a disposal process that was paused last year after offers came in below expectations. The Swiss unit is majority-owned by Cellnex and has been i…
RBC Capital Markets analyst James McGarragle issued the firm's Q1/26 Flight Deck report, which underscores resilient consumer travel demand across Canada’s aerospace sector but warns that persistently high jet fuel prices are a primary risk to the 2026 outlook. The update adjusts earnings and price targets across several covered names while keeping…
An open letter signed by over 1,000 filmmakers, actors and industry professionals urges regulators and the public to oppose Warner Bros Discovery’s proposed $110 billion merger with Paramount Skydance, arguing the deal would further consolidate the U.S. media landscape, reduce opportunities for creators and narrow audience choice. The letter names …
US existing home sales decreased 3.6% in March to a seasonally adjusted annualized rate of 3.98 million units, according to Goldman Sachs analysis. The firm said the fall likely reflects lagged effects from adverse late-January weather. Prices edged up month over month while months' supply rose to its highest level since April 2016.
Morgan Stanley tracking data show Pop Mart recorded the largest rise in Southbound holdings as a percentage of free float among eligible Hong Kong-listed consumer stocks in the first quarter, while a larger number of names saw outflows. Average Southbound holdings were broadly unchanged versus the end of the fourth quarter of 2025, and March flows …
