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.
30,184 total articles
Definium Therapeutics Inc (NASDAQ:DFTX) saw its shares decline 3.1% in after-hours trading Monday after the company revealed plans for a $500 million underwritten public offering of common shares and pre-funded warrants. The offering includes a 30-day option for underwriters to purchase up to an additional $75 million of common stock, and proceeds …
IBM shares rose 3.75% in after-hours trading following public praise from President Donald Trump at a White House gathering on quantum technology. The event featured senior industry executives and the signing of two executive orders: a five-year push to field advanced quantum computers, networks, and sensors, and a mandate for federal agencies to t…
Sony Group Corp. has hired Bank of America and Morgan Stanley to run investor calls for a planned U.S. dollar bond sale, marking the company's first direct return to the U.S. investment-grade bond market since 1998. The deal is expected to include five- and 10-year tranches, with proceeds earmarked for general corporate purposes, as firms seek to l…
Primoris Services Corporation stock dropped sharply in after-hours trading following the company’s announcement of a materially reduced 2026 earnings and EBITDA outlook and the departure of its chief operating officer. The guidance cuts stem from cost overruns and schedule slips in six previously disclosed Renewables projects, with two projects now…
A federal judge in San Francisco has ruled that Workday must defend a proposed class action alleging its AI-driven recruiting software excluded applicants in ways that violate California anti-discrimination law and the Americans with Disabilities Act. The decision keeps intact amended claims that challenge the software’s use of so-called proxy indi…
Shares of Domino’s Pizza Inc. (DPZ) declined 2.2% in after-hours trading following the company’s announcement of a planned executive leadership transition. Joe Jordan, currently Chief Operating Officer and President of Domino’s U.S., will become Chief Executive Officer on October 1, 2026, and join the board. Russell Weiner will retire as CEO and sh…
A federal judge in San Francisco ruled Monday that Workday Inc must face a proposed class action accusing its AI-driven human resources software of screening out applicants in ways that violate California anti-discrimination law and the federal Americans with Disabilities Act. U.S. District Judge Rita Lin denied arguments that California law cannot…
Moody's has affirmed Shift4 Payments, Inc.'s corporate family rating at Ba3 and assigned a Ba1 rating to the company's proposed Term Loan B. Concurrently, Moody's downgraded senior unsecured notes of Shift4 Payments, LLC to B1 from Ba3, citing changes to the capital structure tied to the planned repayment of convertible notes. The ratings action an…
S&P Global Ratings upgraded Openlane Inc. (OPLN) to B+ from B after the company converted $290 million of preferred stock into common equity and reported improving credit metrics. The ratings agency also raised the issue-level rating on the term loan to B+ and kept a stable outlook, citing stronger marketplace EBITDA margins and steady finance-segm…
MoonLake Immunotherapeutics said it intends to pursue a public offering of $150 million of Class A ordinary shares, a move that coincided with a 2.8% decline in the stock in after-hours trading. The company also proposed offering pre-funded warrants and granted underwriters a 30-day option for up to $22.5 million more in shares. Proceeds are target…
Options trading in Skyworks Solutions Inc. surged to 32,697 contracts at 3:40 p.m. New York time on Monday, driven almost entirely by call activity. The August 21, 2026 $95 call made up the bulk of the flow, while a smaller number of call strikes and a limited put presence accounted for the remainder.
Alphabet Inc. saw total options volume reach 928,825 contracts at 3:40 p.m. New York time on Monday. Calls made up the bulk of activity with 634,875 contracts traded, while puts totaled 293,950 contracts. Several June 22, 2026 call strikes recorded particularly high trade counts relative to their open interest. Alphabet shares declined 5.22% to $34…
California lawmakers have reached an agreement to place an $11.3 billion housing bond on the November ballot intended to expand affordable housing and increase homeownership. The proposal bundles $10 billion in general obligation bonds for affordable housing initiatives with $1.25 billion in self-supporting revenue bonds for a veterans’ home loan p…
The Federal Aviation Administration has awarded an $875 million, 12-year contract to Air Space Intelligence to develop a strategic data-driven system to manage flight schedules, routes and trajectories. The Strategic Management of Airspace, Routes, and Trajectories (SMART) platform will analyze schedules, weather, airport capacity and airspace cond…
The U.S. Federal Aviation Administration awarded an $875 million, 12-year contract to Air Space Intelligence to deploy a data-driven flight management platform called SMART that aims to predict traffic flows, coordinate schedules and reduce delays by addressing capacity-demand imbalances before aircraft depart. Airlines have raised private concerns…
Hut 8 Corp. shares declined 3.4% on Monday after insider transactions totaling $5.7 million were disclosed. Chief Legal Officer Victor Semah sold 10,000 shares on June 17 for $125 each, while Director Joseph Flinn sold 38,947 shares across June 11-12 at prices between $115.94 and $119.44, including option exercises and RSU vesting.
On June 22, New York Governor Kathy Hochul announced the completion of the 100-mile Smart Path Connect transmission project. Developed by the New York Power Authority and National Grid, the upgrade is part of the largest investment in the state’s electric grid in 50 years, is expected to unlock one gigawatt of renewable energy in Upstate New York, …
DA Davidson initiated coverage on 16 diversified industrial companies and highlighted three buy-rated distributors—MSC Industrial Direct, Regal-Rexnord and WESCO International—citing improving demand, pricing strength and secular drivers such as data center construction, reshoring and automation investment.
U.S. auto-safety regulators have initiated a special crash investigation after a Tesla Model 3 left the roadway at speed on a Friday evening and drove into a brick home near Houston, Texas. A woman inside the residence was struck and later died. The Harris County Sheriff's Office says the driver told police he was using an automated driving assista…
Erica Schwartz, President Donald Trump’s nominee for director of the U.S. Centers for Disease Control and Prevention, disclosed she will resign from UnitedHealth Group if confirmed, accept certain cash settlements for equity awards, and divest healthcare-related holdings. Her filing with the HHS Ethics Counsel dated June 16 outlines timelines for c…
Reflection AI has reached an agreement with SpaceX that will provide the startup with expanded compute capacity at SpaceX’s Colossus 2 data center, including immediate access to Nvidia GB300 accelerator chips. The deal commits Reflection to pay $150 million per month beginning July 1, 2026 through 2029, with contractual termination provisions and p…
BofA Securities reiterated its Buy recommendation on Dynatrace and raised its price objective to $50 from $48 after increasing conviction in the company’s execution. The firm pointed to an improving revenue predictability profile, stronger enterprise sales dynamics and a unique renewal cadence as drivers that could lift Dynatrace’s free cash flow m…
The Department of the Interior has proposed a package of regulatory rollbacks for oil and gas operations on federal lands that would reduce statewide bonding requirements for wells to $25,000 per state from $500,000, shorten public participation windows for permitting, and roll back methane-related compliance requirements. The proposals aim to lowe…
On June 22, sources cited by the Financial Times say leading EasyJet shareholders and parties close to discussions are seeking at least an extra £600 million from U.S. suitor Castlelake after the airline turned down a $6.3 billion proposal it judged to be too low. Castlelake disclosed its bid earlier the same day and said EasyJet's limited engageme…
Options activity in UWM Holdings Corp climbed to 9,821 contracts by 1:30 p.m. New York time on Monday, driven primarily by call option trades. Several specific strike-dated series accounted for large portions of that volume, while the company's shares fell 7.44% to $2.05. Open interest figures cited are as of June 18 unless otherwise noted.
