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
Two senior U.S. officials told the U.S. government has information that Semiconductor Manufacturing International Corp. (SMIC) shipped chipmaking equipment to elements of Iran’s military beginning about a year ago, and that the assistance likely included technical training. The officials, speaking anonymously, said there is no reason to believe the…
Brown-Forman (NYSE:BFa) and Pernod Ricard (EPA:PERP) announced on Thursday that they are in discussions about a potential 'merger of equals.' Both firms issued separate statements confirming talks and said that, if approved, the arrangement would resemble a merger of equals and produce 'significant' operational synergies. Market reactions were mixe…
Anthropic executives have discussed taking the AI startup public as soon as the fourth quarter of 2026, with bankers pitching plans that could raise more than $60 billion. The potential IPO arrives amid a broader push by large AI developers to access public capital, and against a backdrop of market liquidity worries tied to persistent inflation and…
OpenAI said its U.S. advertising pilot for ChatGPT reached an annualized revenue run-rate above $100 million within six weeks of launch. The company reported broad user eligibility, growing advertiser interest and plans to roll the test out to additional countries, while emphasizing that ads are kept separate from model outputs and user conversatio…
The Federal Aviation Administration is investigating an incident in which a United Airlines Boeing 737-800 on final approach to John Wayne Airport was passed in front of by an Army Black Hawk helicopter. Authorities are reviewing vertical separation data and whether recent FAA restrictions on visual separation for helicopters near major airports we…
Mexico's main equity gauge closed lower on Thursday, with the S&P/BMV IPC down 1.65% as losses in Industrials, Consumer Goods & Services and Consumer Staples drove the market lower. Advancers were outnumbered by decliners and commodity and currency moves showed mixed signals during the session, with oil rising and gold retreating sharply.
Boeing has been awarded a $326,050,000 firm-fixed-price contract by the U.S. Department of War to supply six remanufactured CH-47F Block II cargo helicopters. The award was issued to Boeing’s Ridley Park, Pennsylvania facility, with work locations and funding to be determined per order and an estimated completion date of Aug. 31, 2031. The Army Con…
The Pentagon has confirmed that uncrewed drone speedboats have been deployed to conduct patrols in the U.S. campaign against Iran. The vessels, identified as BlackSea’s Global Autonomous Reconnaissance Craft (GARC), have accumulated substantial underway hours and miles, and are being used for surveillance within Operation Epic Fury. The deployment …
The Federal Reserve Board announced it has made the joint findings with the Office of the Comptroller of the Currency (OCC) necessary for the OCC to approve Morgan Stanley Bank, N.A.'s request for an exemption under section 23A of the Federal Reserve Act. The exemption would permit Morgan Stanley Bank to acquire Morgan Stanley Europe SE and its who…
Fitch Ratings downgraded Whirlpool Corporation’s long-term credit standing to BB from BB+, lowered unsecured debt ratings to BB with a Recovery Rating of RR4 from BB+/RR4, and maintained a Negative Rating Outlook. The agency cited a slower-than-expected margin rebound that will keep leverage elevated despite recent equity issuances. Fitch also left…
OpenAI has surpassed $100 million in annualized revenue from ads served within ChatGPT, achieved roughly six weeks after the start of a pilot advertising program. Revenue was produced by fewer than 20% of U.S.-based ChatGPT Free and Go users who see ads daily; about 85% of those users are eligible to view ads. The company has grown its advertiser b…
Fitch Ratings has shifted FMC Corporation's outlook to Negative from Stable while maintaining the company's Long-Term Issuer Default Rating at 'BB+'. The agency flagged rising EBITDA leverage - potentially exceeding a 4.5x downgrade threshold by 2025 - driven by weaker earnings, negative free cash flow after dividends and intensified generic compet…
Moody's Ratings affirmed Option Care Health, Inc.'s key credit ratings and moved the outlook from stable to positive, citing projected revenue expansion and robust free cash flow that should reduce leverage over the coming 12 to 18 months. The ratings agency left the company's speculative grade liquidity rating intact, pointing to available cash an…
The Nasdaq Composite fell into correction territory Thursday, dropping more than 10% from its October 29 peak as U.S. stock indices posted broad losses. Rising oil prices tied to the war in the Middle East and a substantial decline in Meta Platforms after adverse court rulings weighed on sentiment, leaving the S&P 500 headed for a fifth straight we…
S&P Global Ratings has shifted its outlook on Cenovus Energy to stable from negative while maintaining a BBB credit rating. The agency highlighted improved financial ratios and progress across the company’s growth program, expects a funds-from-operations-to-debt ratio of 70%-80% over the next two years, and noted debt-reduction measures funded part…
Apple issued out-of-cycle stock awards this week to numerous members of its iPhone Product Design team, offering compensation that vests over four years and is intended to reduce departures of engineers to AI startups such as OpenAI. The awards generally total in the low hundreds of thousands of dollars and require continued employment to realize t…
Google has introduced an import feature for its Gemini AI assistant that allows users, both free and paying, to upload zipped files containing conversation history and contextual details from other AI applications. The company published a prompt template users can run in their other chat apps to extract demographic and preference data, relationship…
JPMorgan Chase has filed to launch a private credit fund that would permit investors to redeem 7.5% of shares each quarter and has requested an exemption to repurchase at least 2% of outstanding shares monthly. The prospectus details that the fund will generally allocate at least 80% of net assets, plus any borrowings for investment purposes, to cr…
Canada's S&P/TSX Composite closed lower, down 1.53%, with losses concentrated in the Materials, Information Technology and Healthcare sectors. Market breadth showed substantially more decliners than advancers, the S&P/TSX 60 VIX climbed, and commodities moved unevenly with gold tumbling while crude oil rallied.
Brazil's equities closed lower on Thursday, with the Bovespa slipping 1.45% as losses concentrated in Real Estate, Public Utilities and Financials. A small group of stocks posted gains, including Brava Energia, Marfrig and Prio, while several large decliners led the market down. Commodities and currency pairs moved unevenly, and the CBOE Brazil Etf…
U.S. stock indexes finished lower on Thursday, led by losses in the Technology, Industrials and Consumer Goods sectors. The Dow Jones Industrial Average fell 1.01%, the S&P 500 dropped 1.74% and the Nasdaq Composite declined 2.38%. Notable individual moves included strong gains for Brown Forman and Valero and steep declines for several semiconducto…
The Nasdaq Composite fell 2.4% on Thursday, confirming a correction after dropping nearly 11% from its record-high close on October 29. The recent broad market selloff, driven by uncertainty about the U.S. and Israeli war with Iran, marked the index's sharpest run of losses since April 2025. Large technology companies that had benefited from AI opt…
European Union institutions have reached an informal accord to penalize online marketplaces that import products deemed unsafe, a measure framed to address an influx of low-cost and potentially non-compliant goods arriving through platforms such as Temu, Shein and AliExpress. The move, agreed as part of a reform of the EU Customs Code, includes pot…
Unity Software reported preliminary first-quarter results that exceeded its guidance across revenue and adjusted EBITDA, driven by growth in Unity Vector and Create. The company said it will retire the ironSource Ads Network and is pursuing a divestiture of its Supersonic game publishing unit. Shares rose sharply in after-hours trading following th…
PJM Interconnection has informed Constellation Energy that transmission upgrades tied to the restarted Three Mile Island nuclear plant in Pennsylvania are unlikely to be finished before 2031, delaying the plant's ability to feed power into the grid by roughly four years versus Constellation's earlier timeline. Constellation says the unit will be op…
