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.
28,486 total articles
Bob’s Discount Furniture raised $331 million in its initial public offering and opened trading on the NYSE with an early price increase that largely reversed by mid-afternoon. The retailer sold 19.45 million shares at the bottom of its range, leaving Bain Capital-advised funds with a controlling stake; the company reported solid near-term profitabi…
Federal prosecutors detained the mayor of Tequila and several municipal officials after allegations they ran a corruption ring that extorted large distillers, diverted public funds and colluded with the Jalisco New Generation Cartel. Investigators say the scheme targeted the world’s largest tequila producer, prompting state intervention and multipl…
Shares of publicly listed companies that have accumulated bitcoin and other tokens as corporate treasuries have tumbled amid a wider sell-off in risk assets. Declines in bitcoin - now below $70,000 - are hitting firms that built strategies around holding crypto, squeezing stock prices and complicating forecasts and financing plans.
Saudia is reportedly in preliminary discussions with both Boeing and Airbus about a possible order of at least 150 narrowbody and widebody aircraft. The purchase would partially replace and expand the airline's current 200-aircraft fleet. Talks are early and may not reach a final agreement; Saudia has recently placed major orders with both manufact…
Phillips 66 will cut 277 positions tied to the phased idling of its Los Angeles-area refinery, according to notices filed with California regulators. The company previously signaled a wind-down starting in late 2025, with workforce reductions to follow. The facility employed roughly 600 staff and engaged about 300 contractors, with more than half o…
Anthropic released an upgraded AI model, Claude Opus 4.6, which the company says improves reliability and extends task length, with specific gains in coding and finance. The announcement comes amid a market drop in established software stocks and heightened competition from large AI players, as Anthropic prepares for a potential public offering and…
Shares of Boeing Co. and Airbus SE climbed modestly Thursday after reports that Saudia is in initial discussions with both manufacturers about what could become the airline’s largest-ever aircraft purchase. The carrier is said to be considering a minimum of 150 narrowbody and widebody jets to refresh and expand a roughly 200-aircraft fleet; specifi…
A short-term extension of the African Growth and Opportunity Act (AGOA) signed by U.S. President Donald Trump through Dec. 31, 2026 restores duty-free access that Lesotho had risked losing, providing temporary relief for its textile industry and workers. The renewal halts immediate tariff pressures that had led to job losses and disrupted incomes, …
Waymo, a subsidiary of Google, is resuming operations in Boston while initiating a manual driving phase in Sacramento as part of a broader rollout of its autonomous vehicle network. The company is validating its 6th-generation Waymo Driver for winter performance and says data from existing cities show improvements in road safety. Massachusetts must…
U.K. stocks closed lower on Thursday, with the United Kingdom 100 shedding 1.05%. Losses in Industrial Metals & Mining, Mining and Banking sectors weighed on the market. While London Stock Exchange Group and GSK were among the session's strongest performers, heavyweight miners and a major bank posted notable declines. Commodities and currency moves…
Spain's benchmark IBEX 35 closed down 1.97% as declines in financial services, real estate, consumer services and chemicals led the market lower. While Logista, ArcelorMittal and Indra A were among the session's gainers, major banks including BBVA, Caixabank and Banco de Sabadell registered notable losses. Commodity and currency markets also saw mo…
Netherlands equities closed lower on Thursday, with the AEX down 0.52% as losses concentrated in the Oil & Gas, Financials and Industrials sectors. Market breadth favored decliners, and several large-cap names moved sharply in both directions. Energy benchmarks and currencies also registered moves by the close.
French equities closed lower on Thursday, with the CAC 40 dropping 0.29% and the SBF 120 down 0.27%. Strength in select industrial and advertising names was outweighed by steep losses at automaker Stellantis and declines in banking, utilities and energy stocks. Commodity prices and FX markets recorded modest moves, while the CAC 40 VIX reached a 52…
Shares in Belgium closed lower on Thursday, with the BEL 20 index falling 0.37% as Technology, Financials and Utilities sectors pushed the market down. Melexis recorded the largest single-stock decline while Solvay led gains. Commodity prices and currency pairs moved modestly, with gold and crude oil retreating and the dollar edging higher.
Germany's equity market closed mixed on Thursday with the DAX falling 0.63% as advances in Technology, Software and Financial Services were outweighed by declines in Utilities, Construction and Retail. Market breadth favored decliners and volatility edged higher while key commodities and FX showed modest moves.
The Army Contracting Command is pursuing monetary penalties against Northrop Grumman Corp. and Global Military Products Inc. following a Pentagon Inspector General report that identified delayed deliveries of large-caliber artillery rounds to Ukraine. The IG recommended about $1.1 million in contractual remedies; some shipments were as much as 18 m…
Analysts and industry executives say sugar consumption has fallen in the United States and Western Europe and is showing signs of stagnation globally. A combination of wider use of GLP-1 weight-loss drugs, taxes on sugary soft drinks and stricter food labelling are reducing demand, contributing to factory closures and pushing sugar prices toward fi…
Steve Madden shares fell about 9% on Thursday after Jefferies downgraded the stock to Underperform and cut its price target to $30. The brokerage pointed to persistent strains in the company's wholesale channel - which accounts for roughly 70% of sales - and trimmed its 2026 wholesale revenue and EPS forecasts, warning that earnings momentum could …
Wolfe’s recent sector review singles out several business and information services companies it expects to outperform in 2026. The firm points to a constructive debt issuance backdrop and stronger equity markets as the primary market forces supporting upside for Moody’s, S&P Global, Fair Isaac Corporation and TransUnion. Each company offers distinc…
Poland's main index, the WIG30, closed lower with a 2.37% decline after broad-based losses across Basic Materials, Oil & Gas and Banking sectors. KGHM, JSW and PKO were the biggest fallers, while a small group of retailers finished higher. Commodity and currency moves accompanied the session's downward pressure.
Denmark's benchmark OMX Copenhagen 20 fell 3.91% at Thursday's close, marking a one-month low as losses in the Oil & Gas, Healthcare and Technology sectors drove the market lower. Several large-cap names posted notable gains and steep declines while commodities and currency moves tracked weaker sentiment.
Benchmark launched coverage of CAVA Group with a Buy rating and an $80 price target, highlighting the chain's leadership in Mediterranean fast-casual, robust unit-level economics and an expansion trajectory that could lift domestic locations to at least 1,000 by 2032. The firm pointed to high average unit volumes, healthy restaurant-level margins a…
BTIG research highlights a slate of healthcare companies across devices, therapeutics, diagnostics and services as top picks for 2026. The list includes small- and mid-cap growth names with upcoming clinical or regulatory catalysts, established diagnostics leaders expanding screening programs, and service providers benefiting from secular shifts in…
Peloton Interactive projected third-quarter revenue below Wall Street expectations, citing continued softness in demand for its exercise equipment. The company reported a larger-than-expected quarterly loss and revenue that missed estimates, and said it has implemented workforce reductions and price increases as part of a turnaround plan. Shares tu…
Hims & Hers announced it will begin offering compounded versions of the active ingredient in Novo Nordisk’s Wegovy as an oral pill at an introductory price of $49 per month. The product will be guided by clinical recommendations for individualized treatment and follows the company’s earlier work with compounded injectable weight-loss therapies. The…
