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.
29,434 total articles
ByteDance has lined up a $29.6 billion dollar-denominated loan facility to support general corporate needs as it ramps investment in artificial intelligence infrastructure. The size of the deal was increased after banks showed strong demand, and the loan features a competitive opening margin and a flexible tenor. The facility has not been finalized…
Mitsubishi Corp. shares climbed sharply after Berkshire Hathaway's new CEO, Greg Abel, signaled potential expansion of the U.S. firm's positions in Japan's five largest trading houses and said the stakes would be held for decades. Abel also told markets that higher Japanese government bond yields are not likely to undermine the trading houses' busi…
A Thomson Reuters business unit detected unauthorized activity affecting its C-Track case management platform on June 30, later finding that certain files were removed in March. The incident touched court systems in multiple U.S. states, the U.S. Virgin Islands and Canada; affected customers have been notified and the company engaged external cyber…
Shares of Lynas rose after a report disclosed that the company engaged in takeover discussions earlier this year that did not progress. Company spokespeople acknowledged the talks, describing them as involving a "high level of uncertainty." The episode coincided with a pause in the search for a permanent CEO and the appointment of an interim chief …
China Gold International Resources shares rose 3.3% to HK$263.2 following confirmation that the company will join the Hang Seng High Beta Index and the Hang Seng SCHK Central SOEs Quality Index, effective September 7, 2026. The move coincides with a period of markedly improved financial results, driven by higher gold and copper prices and better op…
Korea Electric Power Corp (KEPCO) has proposed that major industrial power users make substantial advance payments to help underwrite grid expansion. The utility suggested Samsung Electronics pay 20 trillion won and SK Hynix 5 trillion won upfront for electricity supply through 2031, and said details including participation, interest rates and paym…
PayPal has eliminated roughly 600 positions in India, equivalent to about 10% of its local workforce, as the payments company implements a global restructuring intended to lower costs. The job losses span technology, engineering, operations, payments and finance teams across Chennai, Bengaluru and Hyderabad. Impacted employees were notified beginni…
A UNICEF study of roughly 21,000 internet-using children across 21 countries estimates about 20 million children were subjected to sexual exploitation or abuse on digital platforms in a single year. The report identifies social media as the predominant venue, highlights the emergence of AI-generated sexual imagery, and documents very low reporting …
The U.S. Department of Justice's antitrust division has expanded a criminal inquiry into rising beef costs to include eight large retailers. Associate Attorney General Stanley Woodward has sent letters to the companies about the recent jump in retail beef prices. The enlargement of the probe follows earlier scrutiny of meatpackers and a multistate …
Accelevation, a provider of power and infrastructure equipment for data centers and owned by Olympus Partners, filed for a U.S. initial public offering on Sept 2. The company, which supplies power distribution and deployment solutions for data center customers, is seeking to capitalize on investor interest in firms tied to the AI-driven expansion o…
U.S. officials and cybersecurity firm CrowdStrike announced a coordinated effort to dismantle Sality, a long-running Russian-based botnet first identified in 2003. Authorities said they seized web domains used by the operation to control infected machines, while CrowdStrike reported it had cut compromised hosts off from the botnet's controller by f…
JPMorgan Chase has reduced the prime financing it provides to Jane Street following the quantitative firm's expansion into U.S. Treasury market-making. The trim represented about 5% of Jane Street's fixed-income credit lines and did not materially affect the firm's top-line results, but it signals heightened tensions between legacy dealers and fast…
Colombian stocks ended Wednesday with gains, led by strength in Industrials, Services and Agriculture. The benchmark COLCAP index closed up 0.77%. Top performers included Grupo Argos SA Pref, Ecopetrol SA and Interconnection Electric SA ESP, while Etb, Bolsa De Valores De Colombia and Mineros SA were among the laggards. Commodity and currency moves…
Russian equities closed lower on Wednesday with the MOEX Russia Index down 0.34%, driven by losses in the Power, Mining and Manufacturing sectors. Select miners and steelmakers outperformed, while utility and banking names lagged. The Russian Volatility Index fell sharply, and commodity and FX benchmarks showed modest moves at the close.
Sept 2 - Hershey has appointed Dave Hulays as chief financial officer, promoting a seasoned insider to the role with immediate effect. Hulays, 54, joined the company in 2012 and has held progressively broader finance responsibilities across Canada, the United States and international operations. The leadership change comes as the maker of Reese's r…
Microsoft announced it will start disclosing quarterly sales figures for its Azure cloud computing business and reorganize its reporting structure from three segments into two. The change groups cloud services, AI-based software and traditional business software into a new "Agents and Infra" segment, while Windows, Xbox and advertising will be comb…
Netlist Inc. shares fell sharply in afternoon trading after the U.S. Court of Appeals for the Federal Circuit affirmed a Patent Trial and Appeal Board finding that all challenged claims of one of the company's key memory patents are unpatentable as obvious. The court found Netlist's arguments "not persuasive," delivering a victory to Micron Technol…
Shares of Sphere Entertainment Co (NYSE:SPHR) jumped 5.6% on Wednesday after Guggenheim analyst Curry Baker raised his price target to $208 from $193 and kept a Buy rating. Baker pointed to several near- and mid-term catalysts, including a refreshed Wonders of the World experience debuting on September 25 and expected improvements in Las Vegas seas…
Three mid-cap equities merit attention for different reasons: Liquidia Technologies for its rapid revenue and share-price ascent; Dynex Capital for its valuation gap and income-oriented profile; and Ondas for outsized revenue growth paired with persistent losses. All three are more suitable as watchlist candidates than as automatic buys given curre…
Varonis Systems shares rose sharply after news emerged that Proofpoint, backed by private equity firm Thoma Bravo, is in talks to acquire the cybersecurity company. The discussions could produce an announcement in the coming weeks, though no decision has been finalized and the talks may still fail or attract other bidders.
Shell Offshore will acquire a 30% interest in BP’s Conifer exploration prospect in the Gulf of Mexico and a 50% interest in the Tupinamba block in Brazil’s Santos Basin. BP will retain majority ownership and continue as operator in both projects. The moves follow a period in which both companies increased investment in renewables and lower-carbon b…
South African retailer TFG will remove 180 stores from its network across the next three financial years as part of a push to improve profitability and streamline its physical footprint amid rising online revenue. The company reported modest sales growth in the most recent 21-week trading period, with notable gains in African online sales driven by…
Options activity in MongoDB (MDB) during early September shows elevated two-sided trading centered on a $370- $390 near-term range, with puts slightly in the majority and implied volatility sharply lower. A large long-dated $150 put calendar print suggests tail-risk structuring rather than a clear market consensus on a deep fall, while skew has ris…
Waymo is reportedly on the verge of closing its inaugural debt facility, with Pacific Investment Management Co. and a consortium of lenders set to provide in excess of $3 billion to the autonomous driving division of Alphabet. The transaction, which includes participation from Blackstone and Sixth Street Partners and advisory support from Goldman S…
Traders face a dense slate of economic releases on Thursday, September 3, 2026, led by the ISM Non-Manufacturing PMI, Initial Jobless Claims, and S&P Global's Services PMI. Multiple additional data points - including productivity, unit labor costs, trade figures and Fed commentary - are scheduled that morning, offering several snapshots of demand, …
