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
American Resources (NASDAQ:AREC) shares declined after reports that the Pentagon is reconsidering an $80 million conditional loan to ReElement Technologies, a company in which American Resources holds an affiliated minority interest. Officials reviewing the deal raised concerns about ReElement's ability to scale its technology and meet long-term re…
Williams-Sonoma Inc. shares climbed following first-quarter fiscal 2026 results that exceeded analyst expectations on profits and adjusted EBITDA, while revenue matched forecasts. The company reported EPS of $1.93 versus an estimate of $1.80, revenue of $1.81 billion representing 4.4% year-over-year growth, and adjusted EBITDA of $377.3 million, to…
Brunt Workwear is conducting a strategic review that includes possibilities such as a complete sale or a minority stake transaction that could place the privately held company’s valuation north of $1 billion. The firm has engaged JPMorgan to run the process, which has drawn interest from both corporate buyers and private equity firms. Brunt, launch…
Starbucks has discontinued an employee-facing AI application that automated inventory counts in its North American stores, nine months after the tool was rolled out. Internal communications and statements indicate the company will revert to standard counting methods for beverage components and milk while pursuing supply chain and replenishment impr…
The White House on May 21 urged lawmakers to approve long-delayed rail safety legislation following the 2023 Norfolk Southern train derailment in Ohio that released more than a million gallons of hazardous materials. The proposed measures - under consideration for attachment to a five-year highway package - would enhance safety procedures for train…
Amkor Technology said it is collaborating with Advanced Micro Devices on packaging the chipmaker's products as the company expands its Arizona operations and moves into more complex chip packaging technologies. The announcement follows a fresh land purchase adjacent to an existing development site and comes alongside partnerships that tap Taiwan Se…
Emami Ltd. shares declined after the company reported weaker-than-expected fourth-quarter results, with both revenue and net profit falling year-on-year. Management pointed to adverse seasonal conditions and geopolitical disruption in West Asia as contributors to the shortfall. The quarter showed gross margin improvement through cost measures but h…
Waymo paused its robotaxi service in Atlanta after an unoccupied autonomous vehicle drove into a flooded street. The company recovered the vehicle and removed it from the scene. This follows an earlier pause in San Antonio and a recent recall of 3,791 vehicles to address software that could allow continued driving into potentially untraversable flo…
Electrolux has set the subscription price for its rights offering at 16.75 Swedish crowns per share, with the issue designed to generate roughly 9.06 billion crowns in gross proceeds. The funds will be allocated to the company’s restructuring initiative as it shifts emphasis toward premium product categories amid weak demand and pressure from lower…
Air India chief executive Campbell Wilson said his successor will confront a difficult operating environment shaped by a ban on Pakistan’s airspace, repercussions from the Iran conflict and a strong U.S. dollar. Wilson, who announced his intention to step down last month, said he will remain available to help with a transition and that the next fou…
UBS is reorganizing its wealth management leadership in the Middle East. Christl Novakovic, currently head of wealth management for EMEA, will move to the Middle East later this summer, while Niels Zilkens will relocate to Doha. The bank will also divide its EMEA wealth management coverage into five sectors beginning June 1 to enable greater focus …
Stocks across market-cap ranges moved sharply on Thursday, with notable strength in chip-related and quantum-linked names and weakness in select retailers. Arm and IBM were among the biggest gainers in the mega-cap cohort, while smaller technology and energy plays recorded double-digit rallies. Retail heavyweight Walmart fell after a rating adjustm…
Traders head into the last trading day of the week with a compact but influential slate of releases on Friday, May 22, 2026. The University of Michigan's final consumer sentiment and expectations readings arrive alongside remarks from Federal Reserve Governor Christopher Waller. The market will also digest weekly data from Baker Hughes on active U.…
Meta Platforms has settled a lawsuit brought by Breathitt County School District, the first case selected for trial alleging social media companies should pay to address student mental health harms. The settlement follows earlier agreements by YouTube, Snap and TikTok and ends a case that was scheduled for a June 15 trial in federal court in Oaklan…
H.B. Fuller has tabled an all-cash proposal to acquire Advanced Medical Solutions at 285 pence per share, with both companies confirming ongoing discussions and due diligence. The approach, first made unsolicited on April 30, 2026, triggers a U.K. "put up or shut up" deadline of June 18, 2026. Financial and legal advisers have been appointed on bot…
Meta Platforms has reached a settlement that resolves the first case scheduled for trial in a wave of lawsuits in which school districts seek compensation for mental health costs they attribute to social media platforms. The settlement ends the lawsuit filed by Breathitt County School District in Kentucky, following earlier resolutions by Alphabet’…
H.B. Fuller Co. has submitted an all-cash proposal topping £600 million ($804 million) to acquire Advanced Medical Solutions Group Plc, valuing AMS at over 280 pence per share and representing a premium of more than 30% to Wednesday's close. The Minneapolis-area specialty chemical maker notified regulators that discussions and due diligence are und…
Energizer Holdings Inc. climbed 2.6% in mid-day trading to $17.02, recovering from near its 52-week low after reporting second-quarter fiscal 2026 results that topped Wall Street estimates. Adjusted EPS of $0.94 beat the $0.47 consensus largely because of a $48 million tariff refund excluded from analyst forecasts. Management pushed guidance toward…
IonQ shares posted a sharp intraday advance after the U.S. Commerce Department disclosed plans to award $2 billion in quantum computing grants to nine companies in exchange for equity stakes. Although IonQ was not listed among the named recipients, the announcement lifted the entire quantum computing complex and coincided with robust company fundam…
China's imports of semiconductor equipment fell 3% year-over-year to $3.8 billion in April 2026, driven by a sharp month-on-month drop and uneven performance across equipment categories. Front-end gear accounted for most spending, but lithography imports plunged while deposition and process control rose. Year-to-date totals point to continued weakn…
Devon Energy has acquired 16,300 net undeveloped acres in the core of New Mexico's Delaware Basin via a federal lease valued at roughly $2.6 billion. The deal, announced on May 21, follows Devon's recent $58 billion merger with Coterra Energy and adds about 400 net drilling locations normalized to two-mile laterals. Analysts voiced concern over the…
Enphase Energy shares rallied sharply as investors reacted to the company's development work on a solid-state transformer aimed at emerging AI data center power architectures. Goldman Sachs highlighted the potential market opportunity and maintained a Buy rating while raising its 12-month price target.
Kawasaki Heavy Industries has agreed to collaborate with Nvidia to fuse robotics hardware with physical artificial intelligence and will establish a joint development center in Silicon Valley. The initiative will initially emphasize applications in medical and mobility sectors, applying Nvidia's simulation capabilities to Kawasaki's Corleo four-leg…
Bank of America singled out ten companies it views as central to meeting the power, distribution and equipment needs of expanding data center capacity. The group - spanning utilities, independent power producers, battery manufacturers and industrial equipment suppliers - includes GE Vernova, Caterpillar, Sempra and others, with recent company resul…
On May 21 the National Hockey League and the U.S. Commodity Futures Trading Commission signed an agreement to designate liaisons, exchange confidential information, and coordinate responses to integrity risks posed by prediction markets tied to professional hockey. The memorandum, signed by CFTC Chairman Michael Selig and NHL Commissioner Gary Bett…
