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
Fitch Ratings downgraded Mercer International Inc.'s long-term issuer rating to 'CCC-' from 'B-' and lowered senior unsecured note ratings to 'CCC' with a recovery rating change to 'RR3' from 'RR4'. The agency cited sustained pressure in pulp and lumber markets that keeps leverage above 6.5x through most of its forecast period, a materially weaker …
On May 20, Space Exploration Technologies Corp. filed an S-1 registration statement to pursue an initial public offering that could set a record for proceeds raised in a debut. The company has designated the Nasdaq as its chosen trading venue. Market participants and strategists highlighted potential strategic and market implications, including ove…
Aperture AC has priced its initial public offering at $10 per unit, raising $90 million from the sale of 9 million units. Units will begin trading on the Nasdaq Capital Market under the ticker APURU on May 21, 2026, with the offering expected to close on May 22, 2026, subject to customary closing conditions. Each unit contains one Class A ordinary …
Fitch Ratings lifted AZZ, Inc.'s issuer rating to BB+ from BB and affirmed its senior secured term loan and revolving credit facility at BBB-. The move reflects substantial debt repayments in fiscal 2026, a marked decline in EBITDA leverage, and the companys stated preference for conservative leverage. Fitch also revised the Recovery Rating to RR2…
AT&T has filed suit against California regulators and the state attorney general seeking a court declaration that it is not required to continue offering legacy copper-wire telephone service to new customers, while committing $19 billion toward modern telecom investments and pursuing Federal Communications Commission approval to retire parts of the…
SpaceX's IPO filing pairs detailed financial disclosure with expansive descriptions of potential lunar and Martian ventures, positioning speculative long-term opportunities alongside conventional commercial activities. The filing warns some initiatives rely on nascent or non-existent technologies, while public-market optimism around Elon Musk and t…
Mexican equities finished the session higher, led by gains in Industrials, Consumer Goods & Services and Consumer Staples. The S&P/BMV IPC rose 0.49% at the close. Individual movers included a double-digit relative advance for an airline operator and declines among several large-cap names. Commodity markets and foreign-exchange pairs showed mixed r…
Colombia's stock market closed lower on Wednesday with the COLCAP index down 0.96%. Losses were concentrated in the Financials, Investment and Public Services sectors. Among individual movers, Ecopetrol led gains while Interconnection Electric SA ESP registered the largest decline. Commodities and currency pairs showed mixed moves alongside a modes…
NextEra Energy has agreed to acquire Caliber Resource Partners for $1.3 billion and will form a 50-50 joint venture with Quantum Capital Group to manage its U.S. shale and natural gas producing assets. The move, disclosed by sources, transfers Caliber’s passive interests into a new entity called NEQ Operating and positions NextEra to expand its nat…
Russian equities closed lower on Wednesday, with the MOEX Russia Index finishing down 1.00% as declines in the Mining, Oil & Gas and Power sectors pressured the market. Broad weakness was evident across many names, while measures of volatility and commodities showed divergent moves. Market breadth favored decliners by a wide margin, and several…
Elon Musk’s SpaceX has filed for a U.S. initial public offering, bringing it closer to what could become the largest stock market debut ever. Wall Street anticipates 2026 as a potential breakout year for U.S. IPO activity, supported by several high-profile private companies preparing for listings. OpenAI and Anthropic are also reported to be laying…
SpaceX filed publicly in May 2026 for what is expected to be the largest U.S. initial public offering ever, capping a multi-decade trajectory that moved commercial rocketry from experimental startup work to mainstream investment interest. The company’s history includes early launch failures and later firsts for private spaceflight, repeated tests a…
SpaceX filed with the U.S. securities regulator to proceed with an initial public offering, publishing financial results and strategic plans that include a Nasdaq listing under the ticker SPCX, large-scale deployment of orbital AI compute shells, planned acquisitions and expanded services spanning payments to asteroid mining. The filing details rec…
SpaceX revealed regulatory paperwork for an initial public offering that could become the largest U.S. market debut ever, potentially valuing the company at as much as $1.75 trillion. The disclosure arrives as the company prepares a critical test launch of its next-generation Starship rocket and outlines lofty goals tied to lunar and Mars missions,…
SpaceX filed paperwork on Wednesday to list on the Nasdaq under the ticker SPCX, disclosing first-quarter results and ownership and governance details. The filing shows total Q1 revenue of $4,694 million and an operating loss of $1,943 million, with segment revenues and mechanisms that would leave Elon Musk with decisive voting control after the IP…
Blackstone Digital Infrastructure Trust Inc. (BXDC) said underwriters exercised their option in full to acquire 13,119,900 additional shares at $20.00 per share, taking total gross proceeds above $2 billion. The additional shares closed Tuesday, and the company is externally managed by an affiliate of Blackstone Inc. (BX).
Citi has increased its price objective for Dalrymple Bay Infrastructure to A$6.10 and retained a buy recommendation. The infrastructure company forecast a 28.62 Australian cent per share distribution for the year beginning July 1, an 8.5% rise from the prior year, and reported a first-quarter distribution of 6.750 Australian cents per share, matchi…
e.l.f. Beauty reported fourth-quarter results that topped analyst estimates, sending shares higher in after-hours trading, but warned that the ongoing U.S.-Israeli conflict with Iran could shave $15 million to $20 million from fiscal 2027 results. The company also provided full-year sales and adjusted profit guidance below consensus and is pursuing…
After-hours trading showed a mix of strong results and investor concern across several names. NVIDIA advanced on blockbuster revenue and shareholder-friendly capital returns, e.l.f. Beauty and Urban Outfitters rose after quarterly beats, and Applied Digital surged on a multibillion-dollar hyperscaler lease. Intuit fell sharply after announcing a 17…
BioMarin Pharmaceutical shares climbed in after-hours trading following positive Phase 3 results for VOXZOGO (vosoritide) in children with hypochondroplasia. The CANOPY-HCH-3 trial met its primary endpoint with statistically significant gains in annualized growth velocity and showed multiple secondary growth benefits, with the company planning regu…
VisionSys AI Inc reported a one-for-ten reverse American depositary share (ADS) split that will change each ADS from representing 250 Class A ordinary shares to representing 2,500 Class A ordinary shares, effective May 26, 2026. The announcement coincided with an 11.6% decline in the company's ADS price in after-hours trading. Holders will receive …
U.S. stock benchmarks finished higher on Wednesday, led by advances in Technology, Industrials and Consumer Goods. The Dow Jones Industrial Average rose 1.31%, the S&P 500 climbed 1.08% and the Nasdaq Composite gained 1.55%. Market breadth favored gainers on both the NYSE and Nasdaq, while volatility as measured by the CBOE VIX declined. In commodi…
The S&P/TSX Composite closed up 1.25% on Wednesday in Toronto, driven by advances in the Consumer Discretionary, Materials and Real Estate sectors. Market breadth favored winners, with 671 stocks rising versus 309 declining and 92 unchanged. Volatility eased as the S&P/TSX 60 VIX dropped to a one-month low while commodity prices, including crude oi…
Brazil's main equity index closed higher on Wednesday, with gains concentrated in Real Estate, Consumption and Financials. The Bovespa rose 1.77% as the session's strongest performers included CSN Mineracao, Cury Construtora and Lojas Renner. Energy names underperformed, led by declines in Petrobras shares. Market breadth was positive and option-im…
Applied Digital said it signed a 15-year take-or-pay lease with a U.S.-based high investment-grade hyperscaler for Polaris Forge 3, committing approximately $7.5 billion in base-term contracted revenue for 300 MW of critical IT load. The deal, the second with the same hyperscaler, lifts the company’s total contracted lease revenue to $31 billion ac…
