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
EasyJet and several of its leading shareholders are pressing U.S. suitor Castlelake for at least an additional £600 million on top of the firm’s publicised offer. The airline rejected the $6.3 billion proposal as undervaluing the business, while Castlelake said it had gone public because of easyJet’s limited engagement; investors indicate a bid of …
Micron Technology has reached an agreement with Anthropic to supply memory and storage products and to make a strategic investment in Anthropic’s latest funding round. The partnership will include joint analysis of memory and storage performance across AI workloads as Anthropic prepares for a confidential U.S. IPO filing following a large Series H …
Stocks moved unevenly on Monday, with several headline names in the mega-cap cohort falling and a number of technology, semiconductor and biotech companies rallying across market-cap tiers. SpaceX and Arm were notable decliners among the largest names, while AbbVie and SanDisk led gains at the top end. Momentum-driven moves were visible in large-ca…
A packed economic docket on Tuesday, June 23, 2026, will test market expectations as investors await Services and Manufacturing PMI releases, the API weekly crude stock report and a two-year Treasury auction. The data provide contemporaneous signals on activity across services, manufacturing, energy inventories and government debt demand, which mar…
Unifor has initiated collective bargaining with Ford Motor as the first step in negotiations covering roughly 19,000 Canadian autoworkers employed by Ford, General Motors and Stellantis. The union set a July 10 deadline to reach a deal with Ford, which it intends to use as a template for talks with the other two automakers, while noting broader eco…
Google DeepMind and independent film studio A24 have entered a collaborative arrangement to investigate how artificial intelligence can assist filmmakers and other creative professionals. The initiative will prioritize the development of new creative workflows shaped by the artists who will use them, and the companies plan multiple research and dev…
Bending Spoons, an Italian technology group that buys and operates digital businesses, is preparing a U.S. initial public offering that could raise as much as $1.62 billion by selling 58 million shares at $26 to $28 each, according to people familiar with the matter. The company would sell about 60% of the shares, with existing investors including …
Unifor has initiated collective bargaining with Ford Motor Company on behalf of 5,150 unionized employees at Ford operations in Canada. The union selected Ford to establish a pattern agreement for negotiations with the Detroit Three, citing Ford’s commitment to Canadian operations and a longstanding cooperative relationship. Talks are being held in…
Prysmian said Monday it will produce the submarine power cables for the ELMED interconnector between Italy and Tunisia at its Arco Felice factory near Naples. The work follows a notice to proceed issued by Italian transmission operator Terna and Tunisian grid and gas operator STEG, and stems from a contract worth about €460 million awarded in Septe…
Major U.S. technology stocks fell on Monday as investor unease about the costs of building artificial intelligence infrastructure pressured the sector. Alphabet posted its steepest one-day drop since May 2025, while Amazon, Meta and Microsoft also pared market value. SpaceX shares dropped sharply amid a new notes offering announcement, and a senior…
Moody's Investors Service upgraded Core & Main LP's senior secured term loan ratings to Ba2 from Ba3 and assigned a Ba2 rating to a proposed $800 million senior secured term loan B due 2033. The agency affirmed the company's Ba2 corporate family rating and Ba2-PD probability of default rating, moved the outlook to positive from stable, and cited st…
Fitch Ratings upgraded AppLovin Corporation’s long-term issuer default rating to BBB+ from BBB on Monday, also moving the company’s revolving credit facility and unsecured notes to BBB+. The outlook is stable. The upgrade reflects stronger-than-expected operating results, substantial EBITDA and free cash flow growth, and an expanding non-gaming rev…
S&P Global Ratings shifted its outlook on Church & Dwight Co. Inc. (CHD) from stable to positive while keeping the issuer's long-term rating at 'BBB+' and short-term rating at 'A-2'. The agency highlighted the company's multi-year track record of S&P-adjusted leverage below 2x, disciplined capital deployment through modest acquisitions and opportun…
The U.S. Food and Drug Administration announced Operation TrialBlazer, a package of initiatives intended to shorten drug development timelines. The plan includes a pilot program to link sponsors with qualified research institutions, revised early-stage guidance that could shave six to 12 months off development, a path for late-stage approval relyin…
OpenAI expanded its Daybreak cybersecurity initiative by releasing an upgraded GPT-5.5-Cyber model, an updated Codex Security plugin, a Cyber Partner Program with major security vendors, and a Patch the Planet effort to fund audits of critical open-source projects. The moves are targeted at accelerating identification, validation, and automated rem…
Bank of America says MP Materials should face limited operational disruption after China added the company to its export-control list. The bank reiterated a Buy rating and an $85 price target, highlighting MP's unique vertically integrated rare-earth-to-magnet capacity outside China and its strategic ties to U.S. defense and domestic supply-chain r…
Lowe’s stock fell 3.2% on Monday after two senior executives disclosed sizable equity sales. Juliette Williams Pryor, the company’s chief legal officer, disposed of 9,330 shares on June 17 at $224.805 apiece, while Janice Dupre, executive vice president of human resources, exercised options and sold 14,150 shares on June 16 at $221.90 per share. Bo…
Caterpillar shares jumped to a fresh record after Chevron and Microsoft revealed a 20-year power purchase agreement for Project Kilby, a West Texas co-located power facility expected to supply about 2.67 gigawatts of capacity to a Microsoft data center. Solar Turbines, a Caterpillar subsidiary, will supply additional capacity alongside GE Vernova t…
Porsche has reiterated its operating margin target of 5.5% to 7.5% for the current year, according to the text of a speech published on Monday. CEO Michael Leiters delivered the prepared remarks to investors in advance of the company’s annual general meeting scheduled for Tuesday, acknowledging persistent market challenges, a structural change in C…
U.S. technology megacap stocks fell sharply as SpaceX dropped for a third session and major cloud players retrenched amid worries about large-scale AI infrastructure spending. Alphabet plunged about 6%, erasing more than $256 billion in market value, while Amazon, Meta Platforms and Microsoft together were poised to give up over $248 billion. Chip-…
Jumia Technologies' stock dropped after Namibian authorities confirmed the dismissal of 622 of 624 appeals related to the denial of Starlink's license application. The regulator cited jurisdictional shortfalls and a missed appeal deadline for Starlink Internet Services Namibia Ltd., and reiterated that satellite operators must meet Namibia's owners…
Canada's Industry Minister Melanie Joly said four Chinese automakers are looking into using the country's low-tariff electric vehicle import quota and are exploring the possibility of producing vehicles in Canada through joint ventures. The discussions follow a trade agreement that allows up to 49,000 Chinese-made EVs into Canada at an approximatel…
RWE has agreed to buy indirect shares in Amprion from five M31 shareholders, lifting its stake to 55% at a total cost of €3.6 billion. The deal will be financed through an equity capital raise designed to generate roughly €4 billion in gross proceeds, supported in part by commitments from the Qatar Investment Authority and Norges Bank Investment Ma…
Centrica Plc plans to increase liquefied natural gas purchases from the United States as part of a broader effort to diversify its supply sources amid geopolitical tensions. CEO Chris O’Shea said the company sees the U.S. as a dependable partner, is expanding trading operations in New York, and is exploring additional supply options in Canada and o…
Carnival Corporation shares declined after Texas Attorney General Ken Paxton announced an active investigation into a data breach from April 14, 2026 that compromised the personal data of millions. The probe will examine whether the cruise operator implemented reasonable data protection procedures under Texas law, following notification that the in…
