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.
30,181 total articles
News Corp reported second-quarter revenue that exceeded Wall Street forecasts, supported by double-digit contributions from its Dow Jones digital subscription business, gains in digital real estate services amid a recovering property market, and higher book publishing sales at HarperCollins. Total revenue reached $2.36 billion versus analysts' aver…
Coty has pulled its full-year outlook as interim CEO Markus Strobel launches a plan to concentrate resources on the company’s highest-potential brands. The reshuffle comes with guidance showing modest revenue growth in the latest quarter, but an expectation of materially compressed gross margins and a much weaker adjusted EBITDA in the coming quart…
U.S. equities closed lower Thursday, with losses concentrated in the Basic Materials, Consumer Services and Technology sectors. The Dow Jones Industrial Average fell 1.20%, the S&P 500 dropped 1.23% and the Nasdaq Composite declined 1.59%. A handful of individual stocks recorded sharp gains or steep declines, while volatility and commodity contract…
Colombia's main stock index ended lower on Thursday, with the COLCAP closing down 2.54% as declines in Financials, Investment and Public Services weighed on the market. While big financial names led losses, consumer-sector Grupo Nutresa climbed to an all-time high. Commodity and currency markets showed mixed activity, with notable moves in coffee, …
United Steelworkers local 7-1 has asked employees at BP’s 440,000-barrel-per-day Whiting, Indiana refinery to prepare for a strike or lockout after prolonged negotiations produced no agreement. The union says 98% of the roughly 800 workers it represents authorized strike action, and it alleges the company proposed significant workforce reductions a…
Russian equities closed lower on Thursday, with losses concentrated in the Mining, Power and Telecoms sectors. The MOEX Russia Index ended down 1.55% as a larger number of issues declined than advanced. Key commodity contracts also moved lower and benchmark FX rates were mixed at the close of trading.
Amazon said it expects to spend about $200 billion in capital expenditures in 2026, a substantial increase versus prior estimates, underscoring continued heavy investment in AI infrastructure, cloud capacity and retail logistics. The company also gave first-quarter operating income guidance that missed analyst estimates, prompting a nearly 8% drop …
Shares of companies exposed to Bitcoin and broader crypto prices tumbled Thursday after Bitcoin slid to $63,257, its weakest since November 2024. Mining firms and publicly traded companies that keep digital assets on their balance sheets recorded sharp losses, while analysts point to stretched valuations in AI names and uncertainty over the Federal…
Brazil's Bovespa closed up 0.68% on Thursday, driven by advances in real estate, public utilities and consumer-related sectors. Several individual stocks posted notable gains and losses, market breadth was mixed, and volatility measures and commodity prices showed movement into the close. Currency pairs against the real rose slightly while the US D…
Coca-Cola said it will discontinue its frozen product offerings, including the Minute Maid frozen line, in the United States and Canada. The company cited shifting consumer preferences and will exit the frozen can category, with frozen items discontinued in Q1 2026 and remaining in-store stock to be sold while supplies last. Coca-Cola has been emph…
S&P Global Ratings moved Calumet Inc.'s outlook to positive from stable while maintaining a 'CCC+' rating following the company's refinance of near-term unsecured debt and an extension of its asset-based lending maturity. The agency expects credit metrics to strengthen over the next year amid improving margins, debt reduction trends and higher sust…
S&P Global Ratings has upgraded SK Hynix to a BBB+ rating with a positive outlook, driven by expectations for sizable revenue and cash-flow gains from High Bandwidth Memory (HBM) and broader memory markets. The agency forecasts significant revenue and EBITDA growth through 2027, anticipates sustained high memory prices amid supply tightness, and pr…
S&P Global Ratings upgraded Aristocrat Leisure Ltd. to 'BBB' from its prior rating after reviewing the company's improved operating performance, expanding revenue diversity and strong free operating cash flow prospects. The rating agency pointed to Aristocrat's leadership in land-based gaming, growth in installed participation units and outright ma…
Australia’s Finance Sector Union (FSU) has criticised ANZ Group after the bank confirmed job reductions across multiple Suncorp Bank divisions, arguing the moves run counter to commitments made when ANZ acquired Suncorp’s banking operations. The FSU says 197 roles are affected, with 66 positions expected to be cut, predominantly in Brisbane, and ha…
MasterCraft Boat Holdings agreed to acquire Marine Products Corporation in a cash-and-stock transaction valued at about $232.2 million. The deal, which pairs a group of U.S. recreational boat brands, drove a 6.3% rise in MasterCraft shares while Marine Products fell 16%. The combination is expected to produce roughly $560 million in pro forma net s…
Forgent Power Solutions began trading on the New York Stock Exchange at $26 per share, below its initial public offering price of $27. The IPO included shares sold by entities controlled by Neos Partners, LP and shares sold by Forgent itself. Net proceeds from Forgent's portion will fund a redemption of interests in an operating subsidiary; the sel…
Novocure's stock dropped 12% after the Centers for Medicare & Medicaid Services rescinded the company's Medicare billing privileges retroactive to December 17, 2025. The company attributes the action to an administrative re-validation issue, has submitted a Corrective Action Plan, and continues to treat patients while unable to bill CMS-related pay…
Ginkgo Bioworks (NYSE:DNA) shares climbed 6% Thursday afternoon after the company said its autonomous laboratory, powered by OpenAI's GPT-5, produced a 40% improvement in cell-free protein synthesis costs. The autonomous system ran more than 36,000 experiments across six iterative cycles, producing protein at $422 per gram versus a prior benchmark …
Stocks across market-cap tiers shifted sharply on Thursday, with major healthcare and technology names leading declines and several mid- and small-cap companies recording outsized moves in both directions. Mega-cap names such as Eli Lilly and Oracle fell steeply, while Avago Technologies and a few mid- and large-cap firms posted gains.
Financial markets are set for a consequential Friday, February 6, 2026, with U.S. President Trump's 7:00 PM ET address the focal point for traders. The day also features final University of Michigan consumer survey components, Baker Hughes rig counts, a sizable consumer credit release, Federal Reserve commentary and a broad slate of CFTC speculativ…
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…
