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.
30,213 total articles
STAK Inc. said it signed a memorandum of understanding to create a majority-owned U.S. subsidiary focused on modular gas-to-electric power systems for artificial intelligence data centers and other energy-intensive applications. The announcement sent STAK shares up about 20% in after-hours trading. The unit will be incorporated in Delaware, operate…
Applied Digital said it has reached a 15-year take-or-pay lease for 210 MW of capacity at its Delta Forge 2 AI data center campus with a U.S.-based, high investment-grade hyperscaler. The base-term contract is valued at roughly $5.2 billion and could rise to about $12.7 billion if renewal options are exercised over a 30-year term. The announcement …
Tango Therapeutics said it will offer $500 million in public equity, prompting a roughly 2% decline in its shares during after-hours trading. The company will sell all shares in the planned offering, and underwriters may buy up to an additional $75 million of stock within 30 days. The offering remains subject to market conditions and may not be com…
A private credit vehicle managed by Blue Owl Capital has completed a $500 million, investment-grade bond placement, according to a person familiar with the matter. The notes were issued by Blue Owl Credit Income Corp (OCIC), priced to yield a spread of 255 basis points over U.S. Treasuries with a reoffer price below par. Proceeds are earmarked to r…
US Treasury yields moved unevenly on Monday, with two-year yields pulling back from a 15-month high reached on Friday after stronger-than-expected jobs figures. The employment report increased market odds that the Federal Reserve will raise interest rates before year-end, as fed funds futures now place a 68% probability on a December hike. Rising o…
Apple introduced a major overhaul of Siri and broadened AI-driven features across its apps at its Worldwide Developers Conference, unveiling Siri AI, expanded Apple Intelligence powered by updated foundation models, new child-safety tools, advanced photo-generation and editing capabilities, and refinements to its Liquid Glass design. Siri AI will e…
Google announced a reduction in the monthly fee for its AI Plus subscription to $4.99 from $7.99 and increased included cloud storage from 200 gigabytes to 400 gigabytes. The new price will apply at the next renewal for current subscribers, while the storage uplift is being rolled out over the coming days. The plan provides access to AI-powered pro…
Zevra Therapeutics stock climbed sharply during afternoon trading after Cantor Fitzgerald raised its price target from $24.00 to $34.00 while maintaining an Overweight rating. The move, which represented a 41.7% increase in the analyst price benchmark, coincided with the company’s strong Q1 2026 earnings and revenue beat and an Orange Book listing …
Vale SA's chief executive, Gustavo Pimenta, told Bloomberg that global demand for critical minerals has held up despite conflict in the Middle East. The Brazilian miner has seen wider margins even as disruptions in the Strait of Hormuz raised fuel and freight costs. Vale has postponed restarting an Oman pellet complex until logistical conditions im…
Aclara Resources shares ticked higher after reports the company is engaged in discussions with the US International Development Finance Corporation about potential support for its Chilean rare-earth project. Management seeks to mirror a prior DFC arrangement used in Brazil, while advancing permitting, financing and customer talks tied to a planned …
The U.S. Department of Defense released an updated roster of Chinese companies it says qualify as supporting China’s military, adding household technology names and advanced chipmakers. The revision echoes a briefly posted February list with the reinstatement of top memory-chip makers and the inclusion of robotics, biotech and automotive firms. Whi…
ISS recommended Warner Bros. Discovery shareholders vote against executive compensation packages tied to the proposed $110 billion merger with Paramount Skydance, citing outsized potential payouts for CEO David Zaslav and a perceived misalignment between pay and performance. The adviser also urged shareholders to withhold support for five compensat…
PAI Partners has pulled out of the auction for a stake in Nestle SA's water division, which includes brands such as Perrier and S.Pellegrino, according to people with knowledge of the process. Clayton, Dubilier & Rice and Platinum Equity remain bidders for a 50% interest, while KKR exited the race in recent weeks. Nestle announced plans to separate…
Zepto Limited filed an updated draft prospectus on Sunday for an initial public offering that could raise as much as 80 billion rupees ($836 million) through issuance of new shares. Existing investors have also signalled plans to sell 113.47 million shares via an offer-for-sale. The filing details the company’s operating model, promoter structure, …
Amazon sold C$14 billion ($10 billion) of investment-grade, senior unsecured notes in Canada today, the largest-ever corporate bond transaction denominated in Canadian dollars. The offering comprised five maturities from three to 30 years and drew roughly C$28 billion of investor orders. The longest tranche was priced about 1.10 percentage points o…
Options trading in Krispy Kreme Inc. accelerated to 6,280 contracts by 2:31 p.m. New York time on Monday, with call volume at 3,576 contracts and put volume at 2,704 contracts, according to exchange data compiled by Bloomberg. Activity was concentrated in a small number of strikes, led by the January 15, 2027 $2.50 put and several June and July 202…
Bank of America convened 37 semiconductor management teams at its 2026 Tech Conference and reported consistently strong demand across AI compute, data-center networking, software platforms and capital equipment. While supply is expanding rapidly, participants told the bank that it still falls short of meeting demand, with analog cyclicality improvi…
Bank of America expects Chile’s central bank to keep its policy rate at 4.5% through the end of this year despite a significant fuel price shock earlier in 2026. The bank now forecasts two 25 basis-point rate increases in 2027 contingent on a recovery in GDP growth to 2.9%, driven by pro-growth reforms and higher copper prices. Recent inflation and…
Apple on Monday rolled out a refreshed generation of its Apple Intelligence platform, unveiling a redesigned Siri assistant and a suite of software improvements intended to sharpen performance, bolster security and introduce new child safety features. Software chief Craig Federighi said the updated system incorporates Alphabet Inc Class A (NASDAQ:G…
Options trading in Coupang Inc. (CPNG) was heavily weighted toward call contracts by 2 p.m. New York time on Monday, with total options volume reaching 86,169 contracts. Call options accounted for the vast majority of activity, and a handful of specific strikes and a call spread captured most of the traded contracts.
DSC Holdings has submitted a filing for a proposed initial public offering on the Nasdaq. The company describes itself as a platform that digitalizes used-car commerce through AI applications and integrated transaction services, emphasizing a dealer-centric ecosystem and claiming dominant share in dealer operating systems in China, according to CIC…
Markets on Monday experienced pronounced movement across market-cap segments, with semiconductor and related technology stocks among the strongest performers. Marvell Technology Group and Intel were notable advancers in the mega-cap cohort, while several mid- and small-cap names posted double-digit declines. The session featured winners tied to AI …
Traders face a full slate of economic releases on Tuesday, June 9, 2026, led by existing home sales at 9:00 AM ET, a critical gauge of the residential market and consumer confidence. Additional data throughout the day will update expectations for employment, trade flows, inflation-sensitive energy inventories, and Treasury market demand.
CleanSpark shares climbed sharply in mid-day trade to $16.56, recovering from a prior-session sell-off after reports emerged that Meta is negotiating to lease capacity at the company’s Sandersville, Georgia data center, which has roughly 250 megawatts of total power capacity. The potential of securing an investment-grade hyperscaler tenant has shif…
Bank of America has highlighted leading consumer semiconductor names that it views as relatively better positioned amid ongoing weakness in smartphone demand that could extend into 2027 unless memory prices stabilize. The bank outlines valuation targets, upside catalysts and downside risks for Qualcomm and Skyworks Solutions, emphasizing diversific…
