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.
30,220 total articles
Burtech Acquisition Corp II completed an $80 million initial public offering by selling 8 million units at $10 each. The Cayman Islands-based special purpose acquisition company issued units that pair a Class A ordinary share with a redeemable warrant, and its securities will trade on Nasdaq under BRKHU until the shares and warrants separate into B…
Firefly Aerospace announced a proposed public offering that includes 4,000,000 newly issued shares and 8,000,000 shares from selling stockholders, with underwriters granted an option for up to 1,800,000 additional shares. Shares fell 3.9% in after-hours trading following the filing; earlier in the day the stock had climbed 18.8% after news of a $75…
(Updated - May 26, 2026 4:26 PM EDT) Kardigan, Inc filed paperwork on Tuesday seeking a Nasdaq initial public offering under the symbol KARD. The clinical-stage firm says it focuses on precision therapeutics for cardiovascular diseases with no approved treatments and listed four firms as underwriters.
Lululemon and founder Chip Wilson are reportedly in talks on a settlement that would expand the retailer's board to include two of Wilson’s nominees, provide him regular access to incoming CEO Heidi O’Neill, and require Wilson to refrain from public or private criticism for about two years while capping his stake near 10%. The proposal follows a co…
U.S. equity markets finished mixed on Tuesday. Gains in Industrials, Basic Materials and Technology supported the S&P 500 and Nasdaq Composite, while losses in Oil & Gas, Healthcare and Consumer Services pressured the Dow Jones Industrial Average. Market breadth was positive on both exchanges, and notable single-stock moves included large percentag…
The S&P/TSX Composite finished lower, down 0.51%, driven by declines in Consumer Staples, Information Technology and Healthcare sectors. A larger number of issues fell than advanced, while a handful of stocks posted double-digit percentage moves. Commodity contracts and volatility measures showed mixed direction.
Brazilian equities closed lower on Tuesday, with the Bovespa slipping 0.69% as losses in the Financials, Basic Materials and Public Utilities sectors pressured the market. Decliners outnumbered advancers by a wide margin, while volatility measures and key commodity and currency contracts moved modestly.
A range of corporate updates after the market close produced divergent after-hours stock reactions. Revenue guidance that narrowly missed expectations, stronger-than-expected quarterly results, a voluntary medical-device correction, a major contract termination notice and a capital raise all contributed to sharp moves across technology, semiconduct…
A coalition of over a dozen Republican state attorneys general has formally opposed the Kids Internet and Digital Safety Act, arguing that the measure would preempt state laws and fail to protect children. The letter, signed by Republicans and dozens of Democratic attorneys general, highlights a growing split within the Republican Party between off…
Verra Mobility Corporation said it received a termination notice from Avis Budget Group that will end their contract in September 2026. The announcement prompted a sharp after-hours share decline of 29%. Management said it will reduce costs, reassign resources tied to the customer, and review contractual and confidential information matters while r…
Insulet reported a voluntary Medical Device Correction covering specific lots of Omnipod Pods after discovering a manufacturing defect that can lead to insulin under-delivery. Roughly 7 million Pods are included, stock fell about 6% in after-hours trading, and the company says it has identified the cause and can supply replacements at no cost.
NASA has issued multiple contracts under its Commercial Lunar Payload Services program to support construction of infrastructure at the lunar South Pole ahead of crewed Artemis missions. Blue Origin and Firefly Aerospace received task orders to deliver cargo and build a lander that will deploy drones, while Astrolab and Lunar Outpost won awards to …
U.S. equities extended their recent rally with the S&P 500 finishing at a record closing high and the Nasdaq advancing further, driven by optimism around artificial intelligence and strong demand for semiconductor chips. Micron's shares surged after a large price-target increase, pushing its market capitalization to $1 trillion. Energy-market jitte…
The U.S. Space Force has awarded SpaceX a $2.29 billion firm-fixed-price contract to build the Space Data Network (SDN) Backbone, a proliferated low Earth orbit satellite constellation intended to supply high-capacity, low-latency global data transport for military operations. The award obliges SpaceX to deliver a fully operational prototype by the…
Moody's downgraded several of Titan International's credit metrics, moving the corporate family rating to B2 from B1 and shifting the outlook to stable. The agency cut the probability of default and secured note ratings, revised governance and credit-impact scores lower, and flagged continued negative free cash flow and elevated leverage into 2026 …
JD.com stock dipped after reports that the European Commission will open an in-depth investigation under the EU’s foreign subsidies rules into the company’s €2.2bn bid for Ceconomy. The probe, expected to be announced this week, would extend the review timeline by 90 working days and is the first detailed use of these rules for a Chinese takeover.
OpenAI has hired Colin Fleming as chief marketing officer for its business unit, signaling a push to strengthen enterprise-facing marketing. Fleming, who left ServiceNow after just over two years, previously spent 13 years at Salesforce and will direct marketing for OpenAI's business unit, according to Adweek. ServiceNow shares slipped 1% in Tuesda…
Volvo Cars said it received a targeted authorization from the U.S. government allowing continued sales of vehicles that incorporate Chinese-developed connected technology. The approval follows talks with government agencies focused on governance, technology and data security and preserves Volvo's growth trajectory in the United States while the bro…
Nielsen data cited by Goldman Sachs indicates US beauty and personal care sales rose 1.6% in the four weeks ending May 16, even as overall volumes fell 2.6% in that period. Category gains in makeup, hair and body care contrasted with declines in skin care, and leading consumer goods companies reported mixed regional performance driven by differing …
SoftBank Group has retained major banks to prepare US initial public offerings for SB Energy and Roze, a planned autonomous robotics spinoff. SB Energy could seek a valuation above $50 billion and launch as early as September, while Roze aims to commercialize robotics for data-center construction. Both listings are positioned amid strong investor i…
U.S. equity benchmarks traded near or at record levels as enthusiasm over artificial intelligence and solid earnings expectations outweighed concerns about Middle East tensions and recent U.S. strikes on Iran. Semiconductors led the advance, with Micron surging more than 19% and briefly reaching a $1 trillion market capitalization after UBS sharply…
Madison Square Garden Sports shares climbed to fresh record territory after the New York Knicks swept the Cleveland Cavaliers to reach the 2026 NBA Finals. Investors cited the immediate revenue upside from playoff success, a higher analyst price target and the company’s progress toward a tax-free spin-off that would split its basketball and hockey …
Intuitive Machines stock plunged after NASA revealed contract awards for lunar surface systems that did not include the company. The agency named Astrolab and Lunar Outpost for rover development, selected Firefly Aerospace to deliver the first lunar drones and Blue Origin to provide a terrain vehicle. Intuitive Machines trading was briefly paused a…
Andrew Left, founder of Citron Research, told a federal jury in Los Angeles that his public commentary on companies always matched his trading positions, denying prosecutors' assertions that he used social media to mislead investors and profit from moving stock prices. The government contends private communications and coordinated activity with hed…
Volvo Cars has secured a case-specific authorization from the Office of Information and Communications Technology and Services to continue importing and selling connected vehicles in the United States under the federal "Securing the Information and Communications Technology and Services Supply Chain: Connected Vehicles" rule. The approval followed …
