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.
28,420 total articles
OpenAI reported sequential revenue growth of 18% in the second quarter, with sales reaching $6.7 billion for the three months ended June, but operating losses widened to $12.3 billion as the company struggled to keep pace with rival Anthropic, which more than doubled revenue to $11.6 billion and reported a small operating profit.
Iluka Resources recorded a A$24 million net loss for the six months to June 30, reversing a prior-year profit, as softer zircon pricing and reduced volumes pressured revenue and margins. Revenue fell 22% to A$433 million, while underlying group EBITDA dropped 77% to A$53 million and EBITDA margin compressed to 9% from 39% a year earlier. The compan…
Cerebras Systems introduced the CS-4, a server rack built around three of its large wafer-scale chips and a Nexus-based architecture designed to speed inference workloads for AI chatbots. The system, which includes the WSE-3 Turbo chip and updated networking elements, is due in the third quarter and is fabricated on TSMC's 5-nanometer process. Comp…
A U.S. bankruptcy court has postponed until September 9 a hearing to approve Alphabet's proposed $10 million purchase of internal data from bankrupt Spirit Airlines, after the Association of Flight Attendants-CWA filed an objection. The disputed data set includes employee communications and operational records that Google intends to use for product…
Breville Group reported a record A$1.81 billion in sales for the year ended June 30, with net profit after tax attributable to members rising 1.7% to A$138.1 million. The company cited robust demand for its coffee and cooking appliances while absorbing tariff headwinds, transition costs from a manufacturing diversification program, and inflationary…
JBS SA has proposed to acquire the remaining publicly held shares of Pilgrim’s Pride Corp by offering 2.086 JBS Class A shares for each Pilgrim’s Pride share, valuing each Pilgrim’s Pride share at $28.49 based on Tuesday's closing prices. The offer follows recent corporate moves by both companies and will need approval from Pilgrim’s Pride independ…
August’s earnings season has produced pronounced stock-specific rallies even as indices showed intermittent weakness. Professional model-driven pick lists uncovered a string of winners, led by Haemonetics Corporation (NYSE:HAE), which surged 15.9% on news of a U.S. supply agreement with CSL Plasma. That rally builds on outsized profitability, recen…
Moody's Ratings upgraded four Vodafone Group hybrid securities to Baa3 from Ba1 following amendments to their terms and conditions announced by the company. The move places the hybrids one notch beneath Vodafone's Baa2 senior unsecured rating, aligns them with other recent hybrids, and preserves partial equity credit while keeping a five-year limit…
Colombian stocks closed higher on Tuesday, with the COLCAP index up 0.39% to reach a new one-month high. Strength in Industrials, Services and Agriculture supported the market. Grupo Argos, Cementos Argos Pf and Grupo de Inversiones Suramericana SA Preferred were the session's strongest performers, while Corporacion Financiera Colombiana SA, Banco …
Moscow's benchmark advanced after Tuesday's close, with the MOEX Russia Index up 2.30%. Gains were concentrated in the Mining, Power and Oil & Gas sectors. Moskovskiy Kreditnyi Bank surged 19.70% to a record close, while ALROSA and Magnitogorsk Iron & Steel also posted notable increases. The Russian Volatility Index fell 12.47%, and commodity price…
Pennsylvania Governor Josh Shapiro issued an executive order that immediately tightens the state’s approach to new AI data center construction. The measures remove data centers from expedited permitting, prohibit certain confidentiality agreements with developers and require environmental, transparency and local community approvals. The move target…
U.S. equity benchmarks ended the trading session lower, with the Dow Jones Industrial Average down 0.22%, the S&P 500 falling 0.69% and the Nasdaq Composite sliding 1.33%. Losses were concentrated in Industrials, Technology and Basic Materials, while several individual names recorded large percentage swings. Market breadth was negative on both the …
Brazil's main equity index slipped 0.27% by the close in Sao Paulo on Tuesday, marking a six-month low for the Bovespa. Losses were concentrated in the Real Estate, Consumption and Basic Materials sectors, even as select names including Hapvida and Azzas 2154 posted gains. Decliners marginally outnumbered advancers on the exchange and volatility, a…
TikTok is working on a feature that would let users transfer money to one another within direct messages using TikTok Pay, according to evidence found in the app's code. The digital wallet is live in Vietnam, Malaysia and Thailand for in-app shop purchases, and the engineering work suggests the company is exploring broader payments capabilities eve…
OpenAI has temporarily slowed the pace of its most advanced model training programs, pausing some reinforcement learning runs for two weeks while it upgrades security, monitoring, and isolation controls. The decision follows a reassessment of an upcoming model, Astra, which may cross a critical cybersecurity capability threshold in the company's Pr…
Total Wireless has expanded its partnership with Western Union to bring a suite of financial services - including money transfers, bill payments and money orders - to participating Total Wireless retail locations in the United States. The services began in select stores today and are scheduled to be added to more Total Wireless outlets through the …
Trading on Tuesday delivered pronounced moves across market-cap segments. Mega-cap technology-related names including SanDisk and Marvell were among the steepest decliners. Several large- and mid-cap stocks also fell sharply, while a handful of small-cap names posted notable gains on company-specific results.
Xylem shares slid after the company disclosed the abrupt departure of CFO William "Bill" Grogan, who is leaving to become CFO at GE HealthCare. Andrea van der Berg will take over as CFO on September 1, 2026. The stock drop occurred even as Xylem reaffirmed its third-quarter and full-year 2026 guidance; broader market pressures from climbing long-te…
Carvana Co. shares declined during mid-day trading, pressured by a full-year adjusted EBITDA forecast that fell short of investor expectations, a large term loan intended to refinance higher-cost debt, and insider share sales. The company reported record quarterly revenue and a 38% rise in retail units sold, but management cited gross profit per un…
Amylyx Pharmaceuticals saw its stock surge after releasing Phase 3 LUCIDITY data showing avexitide significantly reduced serious hypoglycemic events in patients with post-bariatric hypoglycemia. The trial met its FDA-agreed primary endpoint with robust statistical significance, all secondary endpoints were achieved, and the company signaled plans f…
Italian equities ended the trading session lower, with the national blue-chip index down 1.00%. Losses were concentrated in Technology, Industrials and Travel & Leisure sectors. While Nexi, Snam and Eni finished higher, STMicroelectronics, Prysmian and Buzzi Unicem posted the largest declines. Commodity prices and major currency pairs registered mo…
Portugal's main stock index, the PSI, finished higher on Tuesday, rising 0.93% to mark a one-month high. Gains were concentrated in the Utilities, Consumer Services and Consumer Goods sectors, with EDP Energias de Portugal, Galp Energia and Ibersol among the leading advancers. Market breadth favored risers over decliners, while selected commodities…
Spanish equities finished Tuesday's session lower, with the IBEX 35 slipping 0.24% as declines in Building & Construction, Consumer Services and Financial Services & Real Estate pushed the market down. Energy and renewable names provided some support, while heavyweights in steel and airlines posted notable losses. Commodity and currency futures als…
Apple announced a streamlined fee approach for apps distributed outside its App Store in the European Union, replacing a previous, more complex set of charges. The company will apply a 5% Core Technology Commission for apps available via alternative marketplaces or the web, and a 20% commission for App Store apps using alternative payment processin…
Swedish equities closed lower on Tuesday, with the OMX Stockholm 30 index down 0.66%. Losses in Basic Materials, Industrials and Financials weighed on the market, while individual gains in H & M Hennes & Mauritz AB B, AstraZeneca PLC and Telia Company AB provided limited support. Market breadth favored decliners and commodities and FX markets saw m…
