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.
30,178 total articles
Nintendo reported sales exceeding 2.2 million copies of Pokemon Pokopia within four days of its launch. The life simulation spin-off's early performance and strong critical reception are easing investor anxiety about the Switch 2's content lineup, even as higher memory chip prices raise questions about margin pressure.
Uber announced a joint effort with British autonomous driving company Wayve and Japanese automaker Nissan to begin robotaxi operations in Japan, targeting a pilot in Tokyo by late-2026. Vehicles will be Nissan LEAF EVs fitted with Wayve's autonomy software and will operate on the Uber platform with a safety operator on board. Uber plans to launch t…
Equity indices in Asia and futures in the United States and Europe fell after reports that additional vessels were struck in the Strait of Hormuz and in Iraqi waters. The incidents coincided with a sharp rise in oil prices despite coordinated releases from strategic reserves, prompting a reassessment of inflation risks, higher government bond yield…
U.S. equity futures declined Wednesday evening as oil prices jumped after reports of attacks on two international tankers in the northern Persian Gulf. The move heightened concerns over supply through the Strait of Hormuz and left traders cautious ahead of U.S. inflation and labor-market releases later in the week.
Britain’s communications and data-protection authorities have told leading social media companies to strengthen age verification, restrict contact from strangers, and limit algorithmic feeds that expose children to harmful or addictive content. Firms have until April 30 to outline steps under the Online Safety Act’s implementation phase, and face t…
Joby Aviation has commenced flight testing of its first production-model electric vertical takeoff and landing (eVTOL) aircraft at its Marina, California facility. The flights are part of the certification process that could lead to type inspection authorization from federal regulators and eventual commercial operations in the U.S. and Dubai.
Alphabet’s GFiber unit will merge with Astound Broadband, an operator backed by infrastructure investor Stonepeak. Stonepeak will hold a majority position in the combined company while Alphabet will keep a significant minority stake. The transaction — terms not disclosed — aims to pair GFiber’s rapidly expanding metropolitan fiber networks with Ast…
Atlassian announced a plan to reduce its global workforce by roughly 10%, eliminating about 1,600 positions, as the enterprise software maker reallocates resources toward artificial intelligence initiatives and expanding enterprise sales. The company said it expects $225 million to $236 million in restructuring and office-related charges, with most…
Metals Acquisition Corp. II announced the pricing of a $200 million initial public offering on March 11. The company sold 20 million units at $10.00 apiece; units are slated to begin trading on the New York Stock Exchange on March 12 under the ticker MTAL.U. Each unit comprises one Class A ordinary share and one-third of a redeemable warrant, with …
An Iranian-linked hacking persona called Handala said it was behind a disruptive cyberattack that affected Stryker, a U.S.-based medical device and services company. Stryker reported interruptions and restricted access to some systems in an SEC filing, and staff reported that the group’s logo appeared on login pages. The company says there is no in…
Atlassian Corp Plc said it will eliminate roughly 10% of its workforce as part of a restructuring intended to sharpen focus on artificial intelligence and enterprise sales. The company forecast restructuring charges of $225 million to $236 million, the bulk of which will be cash outlays for severance and related employee costs and exit charges tied…
PayPay, the SoftBank-backed Japanese digital wallet, priced its U.S. initial public offering at $16 per American depositary receipt on March 11, below the company’s earlier target range. The sale of 55 million ADRs raised $880 million and set a valuation of $10.7 billion. The pricing came amid market uncertainty tied to the U.S.-Israeli war on Iran…
Lenders are assembling about $7.15 billion of debt to back private equity firm Clayton Dubilier & Rice's planned acquisition of packaging maker Sealed Air Corp. JPMorgan Chase & Co. is reported to be among banks sounding out investor demand for both leveraged loans and junk bonds, with a potential market launch as soon as next week. Discussions rem…
A regulatory filing shows Oracle’s ownership share in the newly formed U.S. arm of TikTok is valued at roughly $2 billion. The structure gives U.S. and global investors 80.1% of TikTok USDS Joint Venture LLC, leaving ByteDance with 19.9%, and names three managing investors with equal 15% stakes. The filing also notes leadership and recent financial…
Mexico's benchmark S&P/BMV IPC closed up 0.24% on Wednesday, led by advances in Industrials, Consumer Goods & Services and Consumer Staples. Orbia Advance Corporation topped the gainers list, while Grupo Comercial Chedraui fell to a 52-week low. Commodity and currency moves accompanied the session, with crude oil higher and gold futures lower.
GlobalFoundries Inc. (NASDAQ:GFS) shares fell about 5% in after-hours trading Wednesday following the announcement that Mubadala Technology Investment Company will sell 20,000,000 ordinary shares in a secondary public offering. The chipmaker itself will not sell any shares or receive proceeds, but plans to repurchase approximately $300 million of t…
A federal lawsuit filed in Illinois seeks to obligate Costco Wholesale to pass along any refunds it may receive for import duties imposed under the International Emergency Economic Powers Act (IEEPA), which the U.S. Supreme Court recently found unlawful. The complaint, filed on behalf of a proposed nationwide class, argues customers paid higher pri…
Colombian equities closed slightly higher on Wednesday, with the COLCAP index rising 0.12% as strength in Industrials, Services and Agriculture offset losses elsewhere. Top session performers included Grupo Bolivar, Bancolombia Pf and Mineros, while Grupo Argos, Grupo Energia Bogota and Ecopetrol were among the decliners. Commodity and currency mov…
The opening months of 2026 have seen a wave of workforce reductions across U.S. corporations as firms pursue efficiency gains and redirect spending toward artificial intelligence and cloud initiatives. Amazon announced a large second round of cuts on January 28, while a range of companies from tech to manufacturing and finance have disclosed headco…
Russian equities finished marginally lower, with the MOEX Russia Index down 0.03% at the close in Moscow. Gains in select counters including NOVATEK and PhosAgro contrasted with declines among exchange, oil and gold-related names, while volatility and commodity price swings were notable features of the session.
Janus Henderson's board has concluded that Victory Capital's $8.6 billion proposal is not superior to the previously agreed $7.4 billion take-private transaction led by Trian and General Catalyst, pointing to significant closing risk, uncertain value and client consent hurdles. Victory disputes the characterization and says Janus did not engage sub…
Maersk has begun redistributing fuel across its network to keep vessels supplied after regional hostilities in and around Iran disrupted bunkering and storage in the Middle East. The Danish carrier has 10 ships trapped in the Gulf and has halted activity at Oman's Port of Salalah following nearby drone strikes. Carriers have also suspended most boo…
A recently circulated document outlines a plan to assemble a 30-person Defense investment team within the Department of Defense tasked with placing $200 billion into defense deals over three years. The document identifies top Wall Street banks as recruitment targets and was prepared by an executive search firm. Officials and the banks named did not…
U.S. equity markets closed mixed on Wednesday as gains in Oil & Gas, Technology and Basic Materials were offset by losses in Telecoms, Financials and Utilities. The Dow Jones Industrial Average slid 0.61% to a fresh three-month low, the S&P 500 edged down 0.08%, and the Nasdaq Composite inched up 0.08%. Market breadth skewed negative on both the NY…
Canadian equities closed lower Wednesday, with the S&P/TSX Composite finishing down 0.45%. Losses were concentrated in the information technology, consumer staples and telecommunications sectors. A handful of energy- and materials-related names led gains, while several large-cap technology and consumer finance names recorded notable declines. Marke…
