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.
25,383 total articles
An Invesco Advisers executive sharply criticized the market response to SpaceX's inaugural high-grade bond issuance, calling secondary trading disappointing and questioning whether underwriting or traditional institutional demand was to blame. The offering drew nearly $90 billion in orders for $25 billion of notes, but the new securities weakened s…
Barclays Plc has pulled a nearly $1 billion leveraged loan package arranged for Sound Inpatient Physicians Inc. after the $960 million offering did not draw enough bids before a June 30 cutoff. The deal was pitched with a margin of 5 percentage points over the benchmark. Barclays plans to amend financing terms and attempt to relaunch the loan in th…
A proposed regulation from the Bureau of Alcohol, Tobacco, Firearms and Explosives would permit licensed firearms dealers to ship guns directly to verified in-state buyers who complete an online identity check and a background investigation, followed by a seven-day waiting period and local law enforcement notification. The change could expand home …
Tesla has told staff it will cap spending on external AI tools at $200 per week beginning July 6, according to an internal memo. The limit responds to rapid token consumption by engineers, requires approval to exceed, and does not apply to beta versions of xAI products. The company previously centralized access to multiple AI models via an internal…
Chardan Research has selected Arrowhead Pharmaceuticals as its leading biotechnology pick for 2026, highlighting the company’s imminent phase III SHASTA-3/4 results for plozasiran (Redemplo) in severe hypertriglyceridemia and a broader cardiometabolic development strategy that includes zodasiran and ARO-DIMER-PA.
Tesla introduced a long-wheelbase, six-seater variant of the Model Y in the United States on July 2, listing the launch price at $61,990. The three-row Model Y L, which delivers 325 miles of range, was previously rolled out in China and other Asia-Pacific markets and is being positioned to revive U.S. demand after the removal of a federal tax credi…
O’Reilly Automotive Inc. has presented a cash proposal for the automotive-parts division of Genuine Parts Co., with sources indicating the unit could fetch $10 billion or more. People familiar with the discussions say an announcement may arrive before the end of summer, though Genuine Parts could opt to keep the business or pursue a spin-off. Addit…
Amazon announced that it expects to begin initial internet service using its Leo low-Earth-orbit broadband constellation later this year after a recent launch pushed the in-orbit satellite count past 390. The company launched 29 satellites early Thursday on an Atlas V rocket, its 14th mission for Leo, and says further launches will add coverage and…
A St. Louis jury found in favor of Mead Johnson, a Reckitt unit, rejecting allegations that the company's specialized preterm infant nutrition products caused necrotizing enterocolitis in a child. The verdict is the latest development in close to 1,000 lawsuits targeting makers of preterm formulas, including Abbott Laboratories, with cases spread a…
Robinhood said it will introduce a broader range of perpetual futures in Europe covering commodities, ETFs and foreign exchange pairs, while planning to bring crypto trading to the United Kingdom. The firm also launched a dollar-stablecoin lending product for some U.S. customers, disclosed insurance arrangements for that product, and announced mark…
On July 2, a Delaware Chancery Court magistrate ruled that JPMorgan Chase must keep covering court-ordered legal expenses for Charlie Javice, the former executive convicted of defrauding the bank, despite the bank’s objections about the scale of the bills. The decision also denies JPMorgan’s effort to stop covering legal fees for Olivier Amar. The …
First Solar experienced a single-block transaction of 672,700 shares valued at $150 million executed at 2:44 p.m. New York time on Thursday. The block represented 0.7% of the company's float and traded at $222.92 per share, about a 3.9% discount from the opening price. The company’s stock declined 4.3% on the day and is down 15% year-to-date. Volum…
A block of 6.49 million Rivian Automotive Inc. Class A (RIVN) shares changed hands on Thursday afternoon at $18.77 per share, generating $121.9 million in market value. The transaction, which took place at 2:46 p.m. New York time, represented 0.7% of the company's float and traded at a 4.4% premium to the opening price. The stock rose 8.4% during t…
The U.S. Treasury said it will accept transfers of publicly traded shares to fund government-backed newborn investment accounts known as "Trump accounts." The accounts formally launch Saturday to coincide with the United States' 250th anniversary. The federal government will deposit $1,000 into accounts for children born from 2025 through 2028 who …
Bending Spoons S.p.A. priced and closed its initial public offering on the Nasdaq Global Select Market, selling shares at $29.00 each and raising roughly $953.9 million in gross proceeds from shares issued by the company. Trading began July 1, 2026, under the ticker NASDAQ: BSP, following the SEC's effectiveness determination on June 30, 2026. Exis…
QTS, the data center business affiliated with Blackstone Inc., has elected to abandon its planned development of more than 800 acres in Prince William County, Virginia, that formed part of a proposed 2,100-acre data center campus known as the 'Digital Gateway.' The firm concluded continued litigation was not worth pursuing and will notify the court…
On July 2, Alphabet's Google said it has taken coordinated steps with the FBI and industry partners including Lumen to weaken the NetNut residential proxy network - also known as Popa - by disabling accounts and services tied to malware command-and-control activity and sharing technical intelligence to aid enforcement.
Tesla has introduced a six-seat variant of the Model Y, named the Model Y Long Wheelbase, in the United States and Puerto Rico. The three-row layout incorporates second-row captain seats and a suite of comfort, safety and technology upgrades, while retaining a 325-mile range and a 0-60 mph time of 4.4 seconds.
Options trading in Kenvue Inc. spiked to 8,162 contracts by 2:01 p.m. New York time on Thursday, with call options representing the vast majority of activity. A single July 10, 2026 $20 call series accounted for 6,354 contracts. Kenvue shares rose 2.15% to $19.75, and InvestingPro analysis registers a Fair Value above the current share price.
Equity markets on Thursday saw pronounced selling across a range of market-cap segments, with several mega-cap technology and memory-related stocks among the biggest decliners. Tesla and Arm were notable losers in the mega-cap cohort, while a number of large-cap and mid-cap semiconductor and equipment names fell by double digits. A small set of iss…
Morgan Stanley has identified NEC (6701), Fujitsu (6702) and Nomura Research Institute (4307) as top overweight picks in Japan's IT and software sector. The bank sees meaningful upside to earnings and margins driven by AI-driven development, infrastructure modernization and cybersecurity demand, while noting that current-year guidance for the trio …
American Eagle Outfitters shares dropped sharply after the company announced a change in its finance leadership and investors digested underwhelming labor-market data. The retailer named Ravi Thanawala as incoming CFO, effective August 3, 2026, succeeding longtime finance chief Mike Mathias. Management reaffirmed second-quarter and full-year fiscal…
American Eagle Outfitters announced a change in its finance leadership that sent the stock lower. Mike Mathias will leave the CFO role on August 3, 2026, and become a full-time non-executive strategic advisor through July 30, 2027. Ravi Thanawala will take over as CFO on August 3. The company reiterated its previously issued Q2 and full-year 2026 g…
Jersey Mike’s Subs Inc., the largely franchised sandwich chain controlled by Blackstone Inc., has filed for an initial public offering aiming to list its Class A common stock on the New York Stock Exchange under the ticker JMKE. The proposed sale, managed by Morgan Stanley, Jefferies and J.P. Morgan, is subject to market conditions and would leave …
Inter & Co. attributes recent gains in profitability and customer scale to a disciplined strategy formalized as the 'Rule of 50.' With a newly authorized Miami banking branch and diversified fee streams, the Brazilian digital bank reports expanded risk-adjusted margins, rising funding and a growing private payroll lending book as it pursues a multi…
