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.
29,537 total articles
Samsung Electronics and SK Hynix have been testing etching equipment from China's Advanced Micro-Fabrication Equipment (AMEC) at their factories in China as a contingency against stricter U.S. export restrictions. While no wider roll-out has been decided, the trials highlight how U.S. controls intended to curb China's chip ambitions may be creating…
The Hang Seng is trading inside a precarious short-term band as technical indicators present mixed signals. Price sits between the short-term SMA(20) and a key support area near 25,700 while remaining above the long-term SMA(200) and inside the Ichimoku Cloud. A completed break below 25,700 or a decisive move above the 26,204 double top should dete…
Sysco Corp has stopped sourcing iceberg lettuce from Mexico and halted sales and distribution of Taylor Farms iceberg lettuce from Mexico after a U.S. cyclosporiasis outbreak was linked to product served at Taco Bell. The company carried out a voluntary recall, and the Food and Drug Administration has tied the outbreak to Taylor Farms operations in…
U.S. stock index futures climbed modestly on Tuesday evening, continuing the momentum from a Wall Street session that closed at record levels. The advance was driven by renewed appetite for technology shares and easing oil prices, but late-session weakness in SpaceX and AMD following their quarterly reports limited the upside. SpaceX also signaled …
Shares of China-listed companies that supply components for data centres fell sharply after reports that the U.S. government is drafting a measure to forbid imports of new models of Chinese data-centre components, including optical transceivers. The CSI300 Telecommunication Services Index dropped about 6% in early trading, while export-dependent co…
SoftBank Corp reported its strongest first-quarter revenue on record, driven by robust demand for AI, cloud and enterprise services. The company posted higher operating and net income for April-June, while parent SoftBank Group’s stock jumped sharply on the results. Management left its full-year guidance and dividend plan unchanged.
Jetstar, the low-cost division of Qantas, will require passengers to pay for storing larger carry-on bags in overhead lockers beginning in February. Passengers may bring one small bag that fits under the seat at no additional cost; larger items will be charged between A$25 and A$52 per flight depending on route. The airline will offer a prepaid Pri…
Attovia Therapeutics has priced an upsized IPO of 17,000,000 common shares at $17.00 each, with expected gross proceeds of $289.0 million before underwriting costs. The company will list on the Nasdaq Global Market under the symbol ATTO, with trading to start August 5, 2026 and closing aimed for August 6, 2026, subject to standard closing condition…
Australia's S&P/ASX 200 reached record territory amid softer Middle East headlines, stronger domestic spending data and growing market confidence that the Reserve Bank of Australia will hold rates next week. Miners led the advance, while energy names fell on weaker oil prices and operational concerns at key producers.
SpaceX said it intends to leverage 65 MHz of spectrum bought from EchoStar to build terrestrial infrastructure and expand Starlink into a broader mobile service. The announcement sent shares of the three largest U.S. wireless carriers lower in after-hours trading and sparked debate among analysts over how quickly Starlink could mount a credible nat…
NVIDIA shares rose in after-hours trading following SpaceX's announcement during its first quarterly earnings call that the chipmaker will be the exclusive supplier of AI compute hardware for the planned Starmind AI1 satellite constellation. Each satellite is to carry NVIDIA Rubin GPUs and Vera CPUs, and SpaceX said it will construct its future AI …
AMD rallied in regular trading but slid sharply in after-hours trade after SpaceX announced a partnership with Nvidia to equip its StarMind AI1 satellite compute payload with Nvidia Rubin GPUs and Vera CPUs. The move is symbolic given SpaceX's profile in AI compute deployments, and it amplifies concerns about AMD's position versus Nvidia even as AM…
Lucid Group said it will postpone the launch of its lower-cost electric vehicles from late 2024 to the second half of 2027, while implementing an operational reset intended to conserve about $1.4 billion in cash this year. With fresh leadership and workforce reductions, the company plans sharp cuts to inventory, capital spending and operating costs…
TCGX Acquisition Corp. priced 7.5 million Class A ordinary shares at $10.00 per share, raising $75 million. The SPAC will list on the Nasdaq Capital Market under the ticker TCGX on August 5, 2026, and expects the offering to close on August 6, 2026, subject to customary closing conditions. The company is sponsored by an affiliate of TCG Crossover M…
LATAM Airlines lifted its adjusted EBITDA projection for 2026 after updating its jet fuel price assumptions downward, while reporting a second-quarter profit decline and confirming a near-term capacity expansion. The airline said fuel-price improvements versus earlier projections justify the upgrade even as costs remain well above pre-conflict leve…
Hearst has agreed to buy Disney’s half of A+E Global Media for about $1.2 billion in cash, giving the privately held conglomerate sole ownership of the television and content business. The transaction, expected to close in September, follows Disney’s decision to prioritize streaming and ESPN while reassessing certain traditional linear TV assets am…
Pinterest said it expects third-quarter revenue growth to slow to the low-teens as competition from larger digital-ad players and regulatory headwinds weigh on advertiser demand. The company reported second-quarter revenue that beat estimates, but flagged continued pressure from Asia-based cross-border retailers affected by regulatory actions in Eu…
U.S. Senator Ron Wyden released a report urging federal regulators to investigate several large banks for their treatment of accounts linked to Jeffrey Epstein. The report, compiled over four years, contends Bank of America, Deutsche Bank and JPMorgan Chase may have failed to file timely suspicious activity reports related to hundreds of millions a…
A U.S. district judge in Washington on Aug. 4 granted the Justice Department's request to dismiss prosecutions against members of the Oath Keepers militia who were convicted for their roles in the Jan. 6, 2021 attack on the U.S. Capitol. The ruling vacates seditious conspiracy convictions, including that of founder Stewart Rhodes. All nine defendan…
Advanced Micro Devices reported a record Q2 with $11.54 billion in revenue and $1.66 of adjusted EPS, beating consensus on both measures. Yet the stock fell 9.1% in after-hours trading as results missed traders' loftier whisper expectations and investors demanded clearer near-term visibility despite accelerating EPYC demand and an early ramp of the…
SpaceX reported Q2 revenue of $7.81 billion, beating analyst estimates, but announced $18.4 billion in quarterly capital expenditures largely directed to AI infrastructure. Heavy capex, lack of formal guidance on cash-flow timing, and an August 6 lock-up expiration that could free roughly 911.5 million insider shares contributed to after-hours sell…
Emerson Electric reported third-quarter adjusted earnings and revenue above analyst expectations, powered by growth in its software and systems business and strong demand for automated test and measurement equipment. While total revenue rose 7% year-over-year to $4.87 billion and adjusted EPS beat estimates, sales in Europe declined and the company…
Sysco, the largest U.S. food distributor, has halted purchases of iceberg lettuce supplied by Taylor Farms and sourced from Mexico as federal investigators link a cyclosporiasis outbreak to lettuce served at Taco Bell and originating from Taylor Farms operations in central Mexico. The company enacted a voluntary recall in mid July and says it is sh…
Mexico's benchmark stock gauge closed higher Tuesday, supported by advances in Industrials, Consumer Goods & Services and Consumer Staples sectors. The S&P/BMV IPC gained 0.20% at the close while several airport and consumer-related issuers posted the session's biggest gains. Energy-related commodities moved sharply lower, with September crude fall…
Colombia's stock market ended lower as losses in the Financials, Investment and Public Services sectors weighed on the COLCAP, which fell 0.42% at the close. Standouts included Etb and Banco Davivienda Pf on the upside, while Corporacion Financiera Colombiana, Celsia and Grupo Argos were among the session's decliners. Commodity and currency moves w…
