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
Bank of America strategist Michael Hartnett advises investors to move away from risk assets, arguing that what he calls a 'nakedly dovish' Federal Reserve will leave financial conditions tightening until the Fed restores credibility with aggressive rate hikes. Hartnett highlights August 28 and the Jackson Hole symposium as a potential pivot point a…
UBS advises investors to avoid postponing investment until risks clear, arguing that holding large cash balances can erode long-term purchasing power. The bank highlights reasons for caution - including geopolitical tensions, inflation, uncertain rates, elevated valuations and questions around the sustainability of AI spending - but says historical…
July saw a pronounced rotation away from mega-cap technology into other S&P 500 sectors, with the equal-weight S&P 500 hitting record highs even as the Nasdaq 100 fell materially. InvestingPro's machine-learning stock-picker produced a string of high-return calls during the month, including multiple selections that rose more than 50%. A refreshed l…
Bank of America strategists identify three primary risks to Japanese stocks in August: rising crude prices, a potentially more hawkish Federal Reserve, and the unwinding of concentrated equity and yen positions. While the initial phase of the AI sell-off may be over, further downside is possible if these pressures intensify. Strategists recommend k…
Citadel founder Ken Griffin and senior executives intervened to purchase parts of California hedge fund Situational Awareness’s public equity portfolio after the fund’s AI-focused positions plunged in value. The fund lost 67% of its value in July and was forced to liquidate most of a $16 billion public equities book; Citadel assessed liquidity over…
Google has temporarily disabled a newly launched AI image-generation capability in Google Earth after users circulated images that seemed to violate Google’s policies. The tool, powered by the Nano Banana 2 model, let people create photorealistic renderings tied to Google Earth satellite, aerial and 3D imagery by entering text prompts for locations…
FIFA's proposal to create a $20 billion subsidiary to run the World Cup and related events, offering up to a 20% stake to external investors to raise about $4.2 billion, encountered fierce resistance after a senior presidential adviser resigned and senior executives accused the president of sidelining colleagues. FIFA says it will continue consulta…
The U.S. Federal Trade Commission has cleared IonQ's $1.8 billion acquisition of SkyWater Technology after agency leaders could not agree on imposing conditions. The commission's chairman proposed measures to ensure fair access for competing quantum companies, but a fellow commissioner concluded the transaction would not harm competition, leading t…
The U.S. administration has directed military planners to ready a fresh series of strikes against Iran potentially starting this weekend, after negotiations collapsed following recent attacks and retaliatory strikes. Options being considered include targeting Iran's missile capabilities and energy infrastructure, while officials warn of operational…
Warner Music Group said Armin Zerza, who served as its finance head and Chief Operating Officer, is stepping down immediately for personal reasons. Chief Accounting Officer Lou Dickler will serve as acting CFO while the company conducts a formal search. The firm also promoted Tom Corson from Warner Records COO to chief operating officer of Warner M…
ExxonMobil and Chevron warned that supplies of diesel and other refined fuels will likely remain constrained through the second half of the year amid disruptions tied to the Iran war. Both companies posted sizable rises in second-quarter refining profits as shrinking inventories, curtailed Chinese exports and Russian refinery outages pushed margins…
Mexico's equities closed lower on Friday, with the benchmark S&P/BMV IPC falling 0.53% as losses in Industrials, Consumer Goods & Services and Consumer Staples weighed on the market. While a handful of consumer-oriented stocks advanced, larger declines among cable, food and mining names contributed to the overall pullback. Commodity prices and FX m…
Ferguson Enterprises saw its stock surge in after-hours trade after S&P Dow Jones Indices confirmed the industrial distributor will join the S&P 500 on August 5, replacing Electronic Arts. The change follows an investor consortium's announced acquisition of Electronic Arts. Separately, ADI Global Distribution will enter the S&P SmallCap 600 prior t…
Colombia's COLCAP index rose 2.12% to a one-month high at the close on Friday, supported by advances in Industrials, Services and Agriculture. Bolsa De Valores De Colombia led individual gains, while Etb, Organizacion Terpel and Grupo Nutresa were among the decliners. Coffee and cocoa futures advanced, while gold futures declined. Currency pairs US…
General Dynamics received two contract modifications from the U.S. Department of War worth a combined $273.2 million. One award to General Dynamics Mission Systems funds procurement of 188 additional Hammerhead units and related support equipment, while a separate modification to General Dynamics One Source expands IT, information assurance and cyb…
Stifel has named DexCom its preferred investment idea within the medical technology and supplies sector after the diabetes-monitoring company posted second-quarter 2026 results that beat expectations across revenue, margins and EPS. The firm raised its forecasts for 2026-2028, assigned a $95 price target and cited several catalysts - including the …
The MOEX Russia Index finished Friday's session up 0.53%, driven by advances in Mining, Power and Oil & Gas sectors. GMK Noril’skiy Nikel’ PAO, Moskovskiy Kreditnyi Bank PAO and Magnitogorskiy Metallurgicheskiy Kombinat PAO were among the session's top performers, while OZON, Magnit PJSC and AK ALROSA PJSC posted the largest declines. Commodity mar…
S&P Global Ratings upgraded System1 Inc. to 'CCC+' from 'D' after the company completed a debt restructuring that converted its revolving credit facility and term loan into cash, preferred stock and a new term loan. The ratings agency also assigned a 'CCC+' issue-level rating and a '3' recovery rating to a $150 million senior secured term loan …
U.S. equity benchmarks ended higher on Friday as the Dow, S&P 500 and Nasdaq all posted gains, driven by strength in Consumer Services, Oil & Gas and Telecoms. Market breadth was mixed, with notable large percentage moves among individual stocks alongside declines in a number of names. Commodities and currencies showed divergent moves, while the CB…
Canada's equity benchmark, the S&P/TSX Composite, finished the Friday session down 0.79% as losses in telecoms, materials and information technology weighed on the market. Advancers were led by sizable gains in Bausch Health, Baytex Energy and Gildan Activewear, while Telus, TerraVest and Eldorado Gold were among the biggest decliners. Market bread…
The Bovespa closed higher on Friday, rising 0.47% to reach a one-month high. Gains were concentrated in the Financials, Industrials and Basic Materials sectors. Market breadth was positive with more advancing than declining issues, while volatility measures and several commodity and currency instruments moved in varied directions.
Jersey Mike’s Subs Inc. completed an initial public offering of 43,478,261 Class A common shares at $23.00 per share and began trading on the New York Stock Exchange under the ticker JMKE. The company issued 13,782,609 new shares, with net proceeds designated for repayment of certain indebtedness and general corporate purposes; the remainder of the…
BMO analyst Ameet Thakkar highlights Quanta Services (NYSE:PWR) as his preferred equity in the energy transition and infrastructure sector, pointing to robust quarterly results, accelerating organic revenue growth, a record backlog and raised fiscal 2026 guidance as evidence that the company is well-positioned to benefit from an early-stage, multi-…
Blackstone Mortgage Trust (BXMT) shares fell about 3.0% in afternoon trading to $14.52 and printed an intraday 52-week low of $14.11 after the company reported a sizable Q2 2026 earnings miss and faced a high-profile analyst downgrade. The shortfall was driven by a realized loss on an impaired multifamily loan and a sizable CECL reserve increase, w…
S&P Global Ratings cut ZipRecruiter Inc.'s issuer and issue-level ratings to B- from B and revised the recovery rating to 3 following a large debt repurchase. The agency projects the company's revenue and EBITDA will stabilize near $500 million and $60 million, respectively, and has changed the outlook to stable from negative as it expects the reve…
