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.
23,295 total articles
Mexico’s benchmark S&P/BMV IPC closed modestly lower, pulled down by weakness in Industrials, Consumer Goods & Services and Consumer Staples. Advancers were narrowly outpaced by decliners, while commodities and currency moves accompanied the session’s muted directionality. Notable winners included Grupo Carso and Grupo Aeroportuario del Pacifico, w…
Jacobs Government Services Co. has been awarded a $249 million firm-fixed price, indefinite-delivery/indefinite-quantity (IDIQ) contract by the U.S. Department of War to provide architectural-engineering services for the Naval Facilities Engineering Systems Command Washington area of operations. The award covers work in Virginia, Washington, D.C., …
Huntington Ingalls Industries Mission Technologies Corp. received a $417.7 million contract from the U.S. Department of Defense to provide maintenance and repair services for elevators on Navy aircraft carriers and amphibious ships. The cost-plus-fixed-fee, indefinite-delivery/indefinite-quantity agreement will fund elevator support unit work at do…
Boeing has been awarded an $880 million contract from the U.S. Department of War to provide procurement, modernization and sustainment for P-8A Poseidon aircrew and maintenance training systems. The multi-year agreement, structured as a firm-fixed-price, cost-plus-fixed-fee, indefinite-delivery/indefinite-quantity contract, includes development, in…
Colombia's main equity gauge closed higher on Thursday, with the COLCAP index rising 1.22% to reach a three-month high. Gains were concentrated in Industrials, Services and Agriculture, while several large financial and conglomerate names posted the session's strongest advances. Commodity prices and currency pairs showed mixed movement, with the US…
Meta Platforms has reportedly arranged contracts to acquire AI computing capacity from data center developer Crusoe at two installations in Texas and Missouri. The agreements, described by people familiar with the matter, would provide roughly 1.6 gigawatts of combined capacity, though spending levels and delivery timelines were not disclosed and t…
MSCI has moved Indonesia’s information flow score to negative in its 2026 Global Market Accessibility Review, pointing to persistent opacity in shareholding records, signs of potentially coordinated trading and limitations in foreign exchange markets. The action follows earlier transparency warnings and a reminder that a reclassification to frontie…
Shares of Hyperscale Data Inc fell significantly in after-hours trading after the company announced an at-the-market equity program enabling up to $300 million of common stock sales. Management said most proceeds would fund data center development in Michigan and Montana, add Bitcoin holdings and acquire precious metals, with a smaller portion earm…
The MOEX Russia Index closed down 1.96%, marking a new 52-week low, as losses in Oil & Gas, Power and Mining names weighed on the market. Breadth was weak, with 206 stocks falling versus 36 advancers and nine unchanged. The Russian Volatility Index climbed to a three-month peak, while gold, Brent and US Dollar futures moved notably in global commod…
S&P Global Ratings changed its outlook on KeyCorp to positive from stable while keeping the company's long-term issuer credit rating at 'BBB'. The agency also moved the outlook on KeyBank N.A. to positive from stable and affirmed its 'BBB+' rating. S&P pointed to improvements in profitability, more conservative risk management, stronger cap…
People familiar with the situation say activist investor Oasis Capital Management is contemplating a proxy contest at Vail Resorts Inc (NYSE:MTN). Holding 7.9% of the company, the activist may push for board changes and the sale of mountain properties. Separate reporting indicates Vail has engaged takeover-defense bankers to evaluate potential vuln…
On June 18, SpaceX received investment-grade credit ratings from Moody's, Fitch and S&P Global Ratings, each with a "stable" outlook. The assessments come as the Elon Musk-led company pursues an ambitious and capital-intensive push into artificial intelligence while its market valuation exceeded $2 trillion after a high-profile Nasdaq debut last we…
Reformation, the womenswear label favored by celebrities including Taylor Swift, Meghan Markle and Hailey Bieber, is preparing for a public offering this summer. The company may confidentially file for an IPO as soon as next week and has plans to list as early as July, though timing remains subject to change.
S&P Global Ratings assigned Space Exploration Technologies Corp. a BBB issuer credit rating with a stable outlook after the company's initial public offering. The agency balanced SpaceX's strong launch track record and expanding connectivity franchise against substantial capital spending, an uncertain artificial intelligence business and the ne…
Meta Platforms Inc. has arranged to acquire computing capacity for its artificial intelligence initiatives from data center developer Crusoe at two locations in the U.S. The agreements cover combined capacity of about 1.6 gigawatts at sites in Childress, Texas and Warrenton, Missouri. Financial terms and the timetable for delivery were not disclose…
Canada's S&P/TSX Composite closed lower, down 0.44%, pressured by losses in Materials, Information Technology and Energy. While a handful of stocks posted sizable gains - led by Toromont Industries - decliners outpaced advancers on the Toronto exchange. Volatility measures eased and key commodity prices moved lower.
Brazil's stock benchmark closed lower on Thursday, retreating 0.10% to a fresh three-month low as weakness in Basic Materials, Consumption and Financials offset gains in select industrial and utilities names. Market breadth was narrowly negative, volatility gauges rose and key commodity and currency instruments moved notably during the session.
Fitch Ratings has assigned Space Exploration Technologies Corp. a BBB+ Long-Term Issuer Default Rating and the same rating for its senior unsecured revolving credit facility, with a stable outlook. The agency pointed to SpaceX’s commanding market share in commercial launches, expanding connectivity and terrestrial AI-compute revenues, and substanti…
Shares of Marvell Technology surged after reports that Amazon Web Services is discussing selling its Trainium AI processors to outside customers for use in their own data centers. As the lead design and manufacturing partner on Trainium, Marvell is seen as an immediate potential beneficiary. The development lifted volumes in Marvell stock and also …
Student Living EduVation (Holdings) Corporation has filed to offer 6,250,000 ordinary shares on the Nasdaq Stock Market with a proposed price range of $4.00 to $6.00 per share. The company, incorporated in the Cayman Islands, conducts its operations primarily through its wholly-owned Hong Kong subsidiary and will remain a controlled company after t…
Jefferies identified six suppliers the firm believes are well positioned to capture value from a mix of higher production rates, aftermarket demand and industry consolidation. The list emphasizes companies with strong market positions, pricing power and diversified revenue streams, naming Heico, Howmet Aerospace, TransDigm, Woodward, Loar Holdings …
Moody's Ratings has assigned a Baa1 long-term issuer rating to Space Exploration Technologies Corp., with a stable outlook. The rating balances recognition of SpaceX's market leadership in orbital launches and the dominance of Starlink in low earth orbit broadband with noted execution and financial risks tied to the company’s AI infrastructure expa…
Meta Platforms has lobbied for federal legal immunity from state-law claims alleging harm to children tied to social media products such as Instagram. The company offered proposed language that would bar state lawsuits and preempt state child-safety and privacy laws as part of negotiations around the Kids Online Safety Act (KOSA). Lawmakers have no…
Northrop Grumman shares dropped 5.8% to $518.43 after the United States and Iran signed an interim memorandum of understanding intended to halt nearly four months of hostilities. The agreement, signed late Wednesday at the Palace of Versailles by President Donald Trump and Iranian President Masoud Pezeshkian, suspends military operations immediatel…
Shares of L3Harris Technologies sank sharply after Washington and Tehran signed an interim memorandum of understanding that calls for an immediate halt to hostilities and a 60-day window of structured negotiations. The diplomatic development pared the conflict premium that had been supporting defense stocks, outweighing recent company-specific news…
