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
Bank of America named Cadence Design Systems and Synopsys as its leading picks in electronic design automation, assigning price objectives of $375 and $515 respectively based on 2027 earnings multiples. The bank underscored EDA’s rising strategic value as chip designs grow more complex, while noting compression in software sector multiples and a ra…
Taiwan Semiconductor Manufacturing Co. reported a sharp year-on-year rise in March revenue driven by elevated demand for AI-related chips. March sales climbed 45.2% from a year earlier and rose 30.7% versus February, helping lift first-quarter revenue to T$1.13 trillion, modestly above market estimates. The company will release detailed first-quart…
After a 10-day journey that carried them farther from Earth than any humans in more than five decades, four Artemis II astronauts are returning aboard NASA’s Orion capsule for a planned splashdown off Southern California. The mission’s final hours center on separation from the service module, a high-temperature atmospheric re-entry that will test O…
Lumentum Holdings Inc (NASDAQ:LITE) says orders from the artificial intelligence sector are set to fill its production schedule through 2028. The Nvidia-backed optical and photonics specialist reports accelerating demand from U.S. hyperscalers and ongoing difficulties meeting that demand, while its shares have surged roughly 1,500% over the past ye…
Tokyo Electric Power Co. saw its stock tick up after reports that leading private equity and investment firms have signaled interest in providing capital as part of a planned restructuring. The company is expected to spend several months evaluating potential offers and deal structures for financing that could exceed 1 trillion yen.
Senior officials from the U.S. Treasury and the Federal Reserve convened with leaders of major American banks earlier this week to discuss cybersecurity risks linked to Anthropic's recently released Claude Mythos Preview model. The session drew executives from Bank of America, Citigroup, Goldman Sachs, Morgan Stanley and Wells Fargo; JPMorgan Chase…
NIO revealed its flagship ES9 full-size six-seat electric SUV on April 9, opening pre-sales immediately and setting introductory prices well below investor expectations. The unexpectedly aggressive pricing prompted a drop in the company's Hong Kong-listed stock, erasing gains from a recent pre-launch rally.
Most Asian equity markets advanced on Friday amid guarded optimism about upcoming ceasefire talks between Iran and the U.S., with regional bourses also positioned for solid weekly gains. Chinese stocks outperformed after mixed inflation prints for March, while South Korea led gains on strong rebounds in technology and bargain buying following March…
A Cook County jury has ordered Abbott Laboratories to pay $53 million in compensatory damages to four families who accused the company of failing to warn that cow's milk-based formulas for premature infants may be associated with necrotizing enterocolitis (NEC). The verdict is part of a broader wave of litigation involving nearly 1,000 lawsuits ove…
South Korea’s central bank left its benchmark interest rate unchanged at 2.50% following a unanimous vote by its seven-member monetary policy board. Officials cited rising inflationary pressures from higher energy prices and a weaker won as constraints on policy support, while the government considers a large supplementary budget to ease fuel cost …
Asian stock markets rose modestly on Friday but momentum was limited as investors questioned whether the recent U.S.-Iran ceasefire will hold, citing Iran’s objections to Israeli strikes in Lebanon. Key indexes in the region gained, oil prices climbed, and flows through the Strait of Hormuz remained severely reduced. U.S. economic data and market r…
Fast Retailing surged to an all-time share price after raising its fiscal-year operating income forecast to 700 billion yen, citing robust momentum for Uniqlo in markets outside its Japanese and Chinese cores. The stock led gains on the Nikkei 225 as the company reported strong quarterly and half-year results and said it does not expect major produ…
SpaceX recorded a near-$5 billion loss in 2025 on more than $18.5 billion of revenue, a figure that incorporates the February acquisition of Elon Musk’s xAI, according to a report citing sources. The company has also confidentially filed for a U.S. listing and previously reported a profitable 2024 operating year.
U.S. equity futures were largely unchanged Thursday evening as investors awaited planned U.S.-Iran ceasefire discussions in Pakistan and the release of March consumer price index data. Gains on Wall Street earlier in the day, driven by hopes for de-escalation in the Middle East and strength in technology and chip names, left major indexes higher, w…
Apple announced on April 9 that it will close its Towson, Maryland retail store — the first U.S. Apple location where employees successfully unionized in 2022. The company cited the exit of multiple retailers and worsening conditions at Towson Town Center mall as primary reasons for the decision. Towson staff will be able to apply for open roles el…
Anthropic is evaluating whether to design proprietary artificial intelligence chips in response to a shortage of processors needed for advanced AI workloads. The effort is in preliminary stages and the company could still opt to continue buying chips rather than develop its own. Anthropic uses multiple types of processors for its Claude model and h…
Meta Platforms is removing Facebook and Instagram advertisements that solicited new plaintiffs for multi-district litigation alleging social media platforms were engineered to be addictive to young users. The company said it is defending itself in thousands of state and federal cases and will not permit trial lawyers to use its services to recruit …
Anthropic is weighing whether to design proprietary AI chips to alleviate supply constraints, according to three people familiar with the matter. The effort is at a preliminary stage with no committed design, dedicated team, or final decision. The company continues to rely on chips from Google and Amazon and recently signed long-term agreements wit…
Fitch Ratings downgraded the private credit fund FS KKR Capital to BB+ from BBB-, citing continued deterioration in asset quality, elevated non-accruals and software-sector exposure vulnerable to AI-driven disruption. The agency left the fund's outlook at negative and warned that business development companies are likely to face pressure on earning…
xAI has filed suit in federal court to prevent Colorado from enforcing Senate Bill 24-205, a measure that would impose disclosure and risk-mitigation duties on developers of so-called "high-risk" AI systems used in critical decision-making areas. The company contends the law is unconstitutional and would compel changes to its flagship AI, Grok, to …
Lockheed Martin has been awarded a $4.76 billion firm-fixed-price contract by the U.S. Department of War to produce PAC-3 Missile Segment Enhancement missiles. The award funds manufacturing, management, technical planning, and related services, to be carried out across 15 locations, with an estimated completion date of June 30, 2030. Funding for th…
Mexico's benchmark S&P/BMV IPC finished higher on Thursday, gaining 0.13% to reach a one-month high. Strength in the Industrials, Consumer Goods & Services and Consumer Staples sectors underpinned the advance. Market breadth skewed toward decliners, while individual stocks experienced notable swings. Commodities and currency pairs showed mixed move…
Colombian equities closed higher on Thursday, with the COLCAP index up 0.36% as gains in the Industrials, Services and Agriculture sectors pushed the market upward. Mineros SA, Grupo Aval Acciones y Valores SA Pref and Grupo de Inversiones Suramericana SA were among the session's strongest performers, while Bolsa De Valores De Colombia, Ecopetrol S…
Russian equities closed lower on Thursday, with the MOEX Russia Index down 1.17% to a one-month low. Losses were concentrated in the Mining, Oil & Gas and Power sectors. Market breadth favored decliners, the Russian Volatility Index fell sharply to a 52-week low, and key commodity and currency benchmarks showed mixed moves.
CarMax said it will add Bill Cobb and Jim Kessler to its board in connection with its 2026 annual shareholder meeting. Activist investor Starboard Value, which had disclosed a stake last month and nominated directors, withdrew its nominations after reaching the agreement with the company. Starboard had urged improvements to CarMax's digital custome…
