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
Canada's main stock index closed modestly higher on Friday, driven by strength in information technology, telecommunications and clean technology names. The S&P/TSX Composite rose 0.18% to reach a new one-month high, with several individual stocks recording multi-year or record price levels while some other issues posted notable declines.
Brazil's Bovespa finished lower on Friday, retreating 0.81% as declines in Real Estate, Consumption and Financials pressured the market. Steel and industrial names were among the session's top gainers while meatpackers and property developers led losses. Key market gauges including the CBOE Brazil ETF Volatility held steady, and the U.S. dollar str…
Anthropic PBC is reportedly nearing the close of a funding round that could bring in upward of $30 billion and place the company at a valuation above $900 billion. The financing, expected to conclude as soon as next week, is being co-led by several major venture investors and follows a period of rapid revenue growth and agreements to expand compute…
The Federal Reserve and the Federal Deposit Insurance Corporation have approved resolution plans - known as 'living wills' - submitted by the eight largest U.S. banks and 56 foreign banking organizations. The agencies reported no new deficiencies and said that earlier concerns raised in 2024 about the derivatives unwind plans of Bank of America, Go…
Anthropic and about 50 partner organizations used its Claude Mythos Preview model under Project Glasswing to scan systemically important software during the initiative's first month, identifying over 10,000 vulnerabilities rated high or critical. While discovery rates outpaced expectations, Anthropic says progress is now constrained by the pace at …
The U.S. Food and Drug Administration has approved Hepcludex, Gilead Sciences' treatment for chronic hepatitis delta virus (HDV). This marks the first FDA-approved therapy for HDV. Clinical trial results cited by regulators showed meaningful responses in roughly 48% of treated patients versus 2% in a delayed-treatment group after 48 weeks. Gilead s…
The Securities and Exchange Commission has delayed plans to publish an innovation exemption that would allow U.S. crypto firms to trade tokenized assets tied to corporate stock. A staff-drafted proposal had been prepared for imminent release, but the agency is taking additional time to consider feedback from stock exchanges and other market partici…
BP has resumed negotiations at its Whiting refinery with the United Steelworkers Local 7-1 bargaining committee, presenting a revised contract proposal that withdraws a planned voluntary reduction of up to 42 maintenance craft employees. The company's offer includes an average 13% pay rise over the first four years of a proposed six-year agreement,…
Air Canada said it has reached a tentative collective agreement with Unifor that covers roughly 6,000 employees in customer-facing roles, acknowledging staff professionalism and creating a framework for future growth. The agreement remains confidential until a ratification vote by union members, expected within the next month, and also requires app…
Alphabet has appealed a federal judge’s 2024 decision that determined the company illegally maintained monopolies in online search and adjacent advertising markets. Google says the judge made legal errors, contends its agreements with device makers did not bar rivals from being promoted, and defends its market position as earned through product qua…
Gilead Sciences shares rose 2.5% on Friday following U.S. Food and Drug Administration approval of Hepcludex (bulevirtide-gmod) injection for chronic hepatitis delta virus (HDV) infection in adults without cirrhosis or with compensated cirrhosis. The drug is the first FDA-approved therapy for chronic HDV, and its efficacy was demonstrated in the ph…
Earnings season presses on with a comparatively light slate of reports for the upcoming trading session. Market participants should remain attentive, since isolated results from companies across retail, technology and online services can still influence price action and offer insight into wider business trends. Notably, YY Inc is scheduled to repor…
U.S. equity benchmarks moved higher on Friday and looked set to close a strong week after developments in the Middle East and upbeat earnings sentiment pushed broad-based gains. Quantum-computing stocks jumped following reports of large federal grants, Arm rallied on bullish commentary tied to Nvidia's prospects for Arm-based CPUs, and a cluster of…
Negotiations between U.S. cosmetics maker Estée Lauder and Spanish perfume group Puig broke down late on Thursday, ending a transaction that would have combined brands worth about $40 billion. Sources close to the talks said leaks, disagreements between the controlling Lauder and Puig families, and demands related to Charlotte Tilbury’s minority st…
Energizer Holdings Inc. surged in mid-day trading after reporting a second-quarter adjusted EPS of $0.94, more than double analyst expectations of $0.46. The quarter was supported by pricing, supply-chain efficiencies, cost-structure adjustments and a $47.6 million tariff refund benefit. A post-ex-dividend recovery and reaffirmed full-year guidance…
Oceanhawk Acquisition Corp. (OHACU) sold 16 million units at $10 apiece, raising $160 million in gross proceeds. The units, which started trading on Nasdaq on May 21, 2026, consist of one Class A ordinary share and a right to receive one-fourth of a Class A share upon closing a business combination. The company obtained SEC effectiveness for its S-…
DHL, FedEx and UPS have urged EU finance ministers to adopt a staged implementation of new duties on low-value parcels to avoid disruption across supply chains and to protect access to certain medical supplies. The carriers proposed a €3 flat-rate duty to begin July 1, while deferring unresolved and operationally complex provisions until legal and …
S&P Global Ratings raised Seplat Energy PLC's long-term issuer credit rating to B+ from B and upgraded the company's $650 million senior unsecured notes to B+ from B. The move follows S&P's recent upgrades to Nigeria's sovereign ratings and country risk assessment. While the rating action reflects stronger credit metrics and policy safeguards at Se…
NetApp shares surged sharply in mid-day trade as the market positions ahead of the company’s Q4 FY2026 earnings report due May 28. Analysts are modeling higher earnings and revenue versus a year ago, while recent quarterly results and expanding AI-related customer wins have bolstered investor interest.
Uber Technologies Inc is evaluating options that could lead to a full takeover of European delivery company Delivery Hero AG, people familiar with the matter say. The move follows a rapid build-up of Uber's holding in the Frankfurt-listed firm, and the company is studying avenues to increase its stake further while engaging other Delivery Hero inve…
Stephen Colbert’s departure from CBS’s 'The Late Show' underscores the financial and audience pressures on network late-night television. At the same time, podcasting - especially video podcasts on platforms like YouTube - has emerged as a more efficient commercial model for comedians and media talent, attracting larger audiences and growing ad spe…
Shorter-dated U.S. Treasury yields climbed on Friday after the University of Michigan reported consumer sentiment fell to its lowest level on record in May. Two-year yields rose the most, while five- and 10-year yields also increased. The survey cited a surge in gasoline prices linked to the ongoing war with Iran. Earlier in the week, a broader sel…
Everlane has reached an agreement to be acquired by online fast-fashion retailer Shein, the U.S. apparel brand said on Friday. Everlane's CEO, Alfred Chang, stated the company will remain independent and adhere to its sustainability commitments while pursuing broader international reach through the deal. Sources indicate Shein views the purchase as…
Uber Technologies' stock slipped after a Bloomberg report that it is examining a full takeover of Frankfurt-listed Delivery Hero. The report also said Uber has been expanding its stake using derivatives with assistance from Morgan Stanley and has engaged advisers and other Delivery Hero investors about a potential deal. Uber has previously disclose…
Infleqtion's stock jumped about 19.8% in mid-day trading following a White House announcement of a $2 billion federal investment program for nine domestic quantum computing firms and the disclosure that Infleqtion signed a Letter of Intent for $100 million with the U.S. Department of Commerce’s CHIPS Research and Development Office. The LOI include…
