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.
28,443 total articles
The market quickly unwound a short-lived merger narrative after a senior source said there were "no discussions" and "never was a deal." AstraZeneca rose on relief while Bristol-Myers Squibb gave back earlier gains as the takeover premium evaporated. Investors now face the same strategic questions that prompted speculation: how will AstraZeneca gro…
SanDisk shares slipped 2.7% in after-hours trading to $1,313.55 after the company released fiscal fourth-quarter and full-year 2026 results and launched its earnings conference call. The decline followed a sharp two-session rally that had already baked in elevated expectations from analysts, leaving the stock exposed when results did not meaningful…
The U.S. Securities and Exchange Commission has announced the formation of a specialized enforcement unit focused on accounting and financial reporting cases. The unit will be led by Timothy Zimmerman, who joined the SEC’s Division of Enforcement in May 2026 as a senior advisor, and will include lawyers and accountants with expertise in financial r…
Apnimed Inc. (APMD) ranks as the best-performing U.S. initial public offering of 2026 so far, rising 65.7% from its $16.00 IPO price to $26.51. Scribe Therapeutics (SCTX) follows with a 58.7% gain. The year-to-date IPO class shows a strong split between therapeutic biotech winners and riskier speculative listings that have lost significant value.
A cluster of notable after-hours moves followed earnings reports that in many cases beat expectations but still prompted heavy selling. Storage names and software firms experienced notable retreats as market participants locked in gains or reacted to conservative guidance and valuation concerns, while an energy storage provider cut its outlook and …
Jeff Dean, one of Google's earliest engineers and the architect behind TensorFlow, TPUs, and Google Brain, has left Alphabet to start Discovery Loop, a public-benefit AI company focused on automating scientific discovery. The exit, accompanied by three other high-profile co-founders, coincided with a 4.04% drop in Alphabet shares to $362.38 and tri…
MercadoLibre reported second-quarter results showing record revenue and higher cross-platform engagement, while net income declined year-on-year for a third consecutive quarter but exceeded analyst expectations. Investments in free-shipping in Brazil and credit-card expansion pressured profitability even as processing volumes and credit portfolio b…
U.S. equity markets closed with a split outcome Wednesday: the Dow Jones Industrial Average climbed to a new all-time high, while the S&P 500 and Nasdaq Composite finished lower. Gains in Basic Materials, Healthcare and Financials supported the advance, offset by declines in Oil & Gas, Telecoms and Utilities. Market breadth favored decliners on bot…
MetLife reported a significant increase in second-quarter adjusted profit, attributing gains to disciplined underwriting, broad volume expansion and higher investment returns. Premiums, fees and other revenue rose 7% to $13.7 billion, while net investment income climbed 18% to $6.7 billion. The insurer saw particularly strong results in Asia and La…
Canada's main equity index closed at a fresh record, supported by advances in Materials, Information Technology and Clean Technology stocks. Shopify, Eldorado Gold and Perpetua Resources were the session's strongest performers while RB Global, Thomson Reuters and Curaleaf finished near the bottom. Market breadth was narrowly positive and volatility…
Stocks on Brazil's Bovespa finished modestly lower, slipping 0.11% in Sao Paulo as losses in the Public Utilities, Electric Power and Financials sectors offset gains among select names. Market breadth was nearly balanced, volatility eased, and moves in commodities and currency pairs accompanied the session.
DoorDash said it expects third-quarter marketplace gross order value of $33 billion to $34 billion and forecast adjusted EBITDA between $950 million and $1.10 billion, both above Wall Street estimates. The company posted strong second-quarter results, with marketplace GOV up 36% to $33.08 billion and adjusted EBITDA rising 40% to $914 million, driv…
Elf Beauty raised its full-year sales and profit guidance after reporting a strong quarter driven by demand for its affordable makeup, skincare and new haircare offerings. The company highlighted its $10-or-less pricing mix, tested tactical price reductions on part of its range to stimulate volume, and cited a significant tariff refund contribution…
Western Digital reported fiscal fourth quarter results that topped analyst estimates on both earnings and revenue, and provided first-quarter fiscal 2027 guidance above consensus. The company also disclosed full-year fiscal 2026 results showing substantial year-over-year growth and declared a quarterly cash dividend. Despite the beat and raised out…
AppLovin reported sharply higher profit and cash flow for the quarter ended June 30, but a revenue miss and guidance that fell marginally short of analyst forecasts sent the stock down about 20% on the news. While adjusted EPS, net income, EBITDA and free cash flow all rose substantially year-over-year, the company’s revenue came in under estimates…
Duolingo reported stronger-than-expected engagement metrics for the second quarter and raised its DAU growth outlook, but projected third-quarter revenue that fell short of analysts' estimates. Management said it is focusing on expanding daily active users rather than near-term monetization, a strategy that weighed on the stock after hours despite …
Honeywell Aerospace cut its 2026 organic sales-growth forecast and reduced its annual adjusted earnings-per-share outlook after supply-chain bottlenecks compelled the company to divert production toward aircraft OEMs and domestic defense programs, weighing on aftermarket margins and quarterly profitability.
Chime boosted its 2026 revenue growth forecast and reported stronger-than-expected second-quarter results driven by higher payments and membership engagement, even as long-serving CFO Matt Newcomb prepares to leave and the company trims staff by 10%. The fintech’s active member base and average revenue per user both expanded, and the company posted…
Etsy Inc. plans to eliminate roughly 220 positions, representing about 12% of its workforce, primarily within product and engineering, as part of a restructuring disclosed in a U.S. Securities and Exchange Commission filing. The company's leadership framed the changes as a move to improve coordination and speed of decision-making rather than a cost…
BOA Acquisition Corp. II completed an initial public offering of 14,375,000 units at $10.00 per unit, generating $143.75 million in gross proceeds. The offering included the full exercise of the underwriters' over-allotment option. Units began trading on the Nasdaq Global Market under the ticker THEOU on Aug. 4, 2026, and the company said it will p…
Sweetgreen stock climbed 6.4% in afternoon trading to $6.08 as investors accumulated shares ahead of the company’s Q2 2026 earnings, due after the market close on Thursday, August 6, 2026. Analysts expect an EPS loss of $0.10 and about $194 million in revenue for the quarter. With a significant portion of the float sold short and analyst price targ…
Yum! Brands stock climbed in afternoon trading after the company reported better-than-expected Q2 results and management signaled that Taco Bell sales are recovering. The rally comes amid an expanding cyclosporiasis outbreak linked to iceberg lettuce served at Taco Bell, a public health issue now spanning 15 states with Michigan reporting over 12,0…
Ares Management is leading a $2.2 billion direct loan to fund MedImpact Holdings Inc.'s acquisition of Puerto Rico-based Medical Card System, Inc. The debt would carry a premium of at least 8 percentage points above the benchmark rate, be secured as second-lien, and remains subject to ongoing negotiations. Ares Class A shares fell 2.3% on Wednesday…
Sandisk Corporation’s upcoming earnings release is expected to reverberate through the memory and storage sector. Investors are watching Micron Technology, Western Digital and Seagate closely because Sandisk’s numbers act as a barometer for NAND pricing and storage demand. Pre-market moves already show sharp declines for several names, underscoring…
Citi analyst Ronald Josey elevated Ethos Technologies (LIFE) to the top of his small and mid-cap rankings after the company reported second-quarter results that materially outpaced expectations. Ethos posted strong growth in activated policies and revenue, raised its 2026 revenue and adjusted EBITDA guidance, and saw a notable after-hours share mov…
