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.
30,218 total articles
The U.S. Department of State has approved a possible Foreign Military Sale of five MH-60R Seahawk maritime helicopters and associated equipment to New Zealand, a transaction valued at $1.5 billion. The sale supports Wellington’s broader plan to substantially increase defence spending over the coming years and to strengthen homeland defence and prot…
InterPrivate Investment Partners V completed an initial public offering of 20,125,000 units at $10.00 each, raising gross proceeds of $201.25 million following full exercise of the underwriters' over-allotment. The Nasdaq-listed blank-check company will pursue a business combination and plans to leverage the team's private equity, technology and di…
TD Cowen continues to expect the U.S. Securities and Exchange Commission to grant exemptive relief that would allow trading in tokenized equities within months. The pace of the process has been slower than many anticipated, driven primarily by political considerations in Washington and the need to finalize practical regulatory and operational detai…
Netflix confirmed in an SEC filing that Jay Hoag has been named chairman of its board following the annual shareholders meeting on June 4. The appointment follows Reed Hastings' departure from the board, announced in April as a move to focus on philanthropy and other pursuits. Hoag, a co-founder of Technology Crossover Ventures and a long-serving N…
A Los Angeles jury concluded that Johnson & Johnson was not negligent in the sale of talc-based cosmetic powders after trial brought by the families of three women who developed ovarian cancer. The verdict contributes to the company's mixed litigation record as thousands of similar claims remain active.
Boeing is evaluating whether it can expand 737 MAX production beyond its stated target of 63 per month, exploring a potential climb to 70 jets monthly. CEO Kelly Ortberg described the effort as a study to identify constraints and supply chain resilience as the planemaker methodically raises output following a restart in December 2024 and the liftin…
Marvell Technology's shares rebounded in after-hours trade after S&P Dow Jones Indices announced the company will be added to the S&P 500. The move comes at the end of a tumultuous week for the chipmaker, which saw both high-profile praise and sharp intraday selling. Flex Ltd. will join the index alongside Marvell, while Pool Corporation and Campbe…
Marvell Technology will be added to the S&P 500 later this month after S&P Dow Jones Indices confirmed the company met a key profitability requirement. The inclusion follows a surge in Marvell's shares driven by AI-related demand and recent GAAP profitability, and will replace PoolCorp on the benchmark prior to trading on June 22.
Mexico's benchmark stock gauge, the S&P/BMV IPC, fell 1.86% to a one-month low at the close on Friday as losses in Industrials, Consumer Goods & Services and Consumer Staples pressured the market. More stocks fell than rose, with notable drops among mining and aviation names while a handful of beverage and real estate names posted small gains. Comm…
Colombia's benchmark COLCAP index closed lower, down 1.58%, with losses concentrated in the Financials, Investment and Public Services sectors. While Etb, Grupo Argos and Banco de Bogotá posted gains, Cementos Argos Pf, Grupo de Inversiones Suramericana and Grupo Argos SA Pref were among the biggest decliners. Commodity and FX moves included lower …
Russian equities closed lower on Friday, with the MOEX Russia Index dropping 0.71% to a six-month low. Declines were concentrated in the Mining, Oil & Gas and Power sectors, while only a handful of stocks finished higher. Volatility eased, and commodity prices, including gold and crude oil, moved lower.
MSAV Holdings Ltd has filed to offer 5 million ordinary shares in an initial public offering, indicating a price range of $4.00 to $6.00 per share and plans to list on the Nasdaq Capital Market under the ticker MSAV. The company will not move forward without Nasdaq approval, and the filing does not disclose how the proceeds would be used or provide…
Senator Elizabeth Warren sent a letter to Commodity Futures Trading Commission Chairman Michael Selig on June 5, citing recent media reports that allege agency leadership intervened to favor companies backed by allies of President Trump and retaliated against staff who resisted. Warren highlighted reductions in CFTC staffing and enforcement activit…
Quantinuum Inc. completed an initial public offering of 28 million Class A shares at $60 per share, generating $1.68 billion in gross proceeds before underwriting discounts and other expenses. The company started trading on the Nasdaq Global Market under the ticker QNT after the SEC declared its registration statement effective on June 3, 2026. The…
S&P Global Ratings has upgraded Legence Holdings LLC to 'BB-' from 'B+' and assigned a positive outlook, pointing to a significant reduction in financial sponsor ownership and stronger-than-expected first-quarter 2026 results. The upgrade follows debt paydown funded by IPO proceeds and an acquisition that expanded the company's fabrication capacity…
A stronger-than-expected May jobs report stoked fears that U.S. interest rates could remain higher for longer, prompting investors to pull back from high-flying technology names, safe-haven government debt and gold. The Nasdaq suffered its steepest one-day fall in over a year, while semiconductors and several top chipmakers posted heavy losses afte…
Gene Munster of Deepwater Asset Management views Apple's Worldwide Developers Conference as a potential catalyst to rerate the company's stock if the firm can demonstrate AI features that reposition it from an AI follower to a leader in personalized AI. The event is expected to highlight a redesigned Siri, built over nearly two years, that leverage…
U.S. stock markets ended Friday under pressure, led by declines in technology, basic materials and oil and gas names. The Dow fell 1.35%, the S&P 500 lost 2.64% and the Nasdaq Composite slid 4.18% at the New York close. A number of large-cap technology names were among the heaviest decliners, while consumer staples and insurers provided some relati…
The S&P/TSX Composite closed lower, falling 2.28% as losses in the Materials, Information Technology and Energy sectors weighed on the Toronto market. A small group of stocks produced gains, while several names recorded steep declines, including TerraVest Industries, which dropped to 52-week lows.
Brazil's main share index closed lower on Friday, with the Bovespa dropping 0.77% to a fresh three-month low. Losses were concentrated in the Basic Materials, Real Estate and Electric Power sectors. Market breadth was negative, with more decliners than advancers, while several individual stocks recorded sizable percentage moves in both directions. …
Moody's has downgraded its outlook for Insulet Corporation to negative from stable while keeping the company's Ba2 corporate family rating and Ba2-PD probability of default rating intact. The change follows a second product recall in May 2026 that followed a March 2026 recall. Although estimated recall expenses of about $80 million are manageable, …
Sunshine Silver Mining & Refining completed an initial public offering of 23 million shares priced at $13.50 each, generating approximately $310.5 million in gross proceeds before underwriting fees and expenses. The offering included the full exercise of the underwriters' over-allotment option and began trading on the New York Stock Exchange on Jun…
Liftoff Mobile Inc. completed its initial public offering, selling 21.85 million shares at $23 per share, including the full exercise of underwriters' option to purchase an additional 2.85 million shares. The transaction generated roughly $502.6 million in gross proceeds. Liftoff said it will use net proceeds to pay down its senior secured term loa…
Hallador Energy Company (NASDAQ:HNRG) saw its stock increase about 5% in after-hours trading on Friday after its subsidiary, Hallador Power Company, was chosen by the U.S. Department of Energy's Hydrocarbons and Geothermal Energy Office to enter negotiations for up to $27.2 million in federal funding. The potential award would support a roughly $56…
The White House announced plans to speed up the development and deployment of artificial intelligence in intelligence and military operations, while cautioning against its use for unlawful surveillance or censorship. The administration is also seeking voluntary pre-release cybersecurity testing of advanced AI models and has given the Defense Secret…
