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
Canadian equities finished lower on Wednesday, with losses concentrated in Consumer Discretionary, REITs and Information Technology. The S&P/TSX Composite fell 0.73% at the close in Toronto. Several individual names posted sharp moves in both directions while volatility measures eased to a one-month low.
The Bovespa closed down 1.80% on Wednesday, settling at a one-month low as losses in the Consumption, Electric Power and Public Utilities sectors dragged the index lower. Market breadth favored losers, while select stocks posted gains; volatility and moves in commodities and FX were notable during the session.
Trump Mobile said it has started delivering its long-delayed T1 smartphone to customers this week. The $499 gold-colored Android device, first announced for an August release, was postponed multiple times. The MVNO-backed venture faces questions over its promise of U.S. manufacturing and has drawn scrutiny from ethics experts and lawmakers.
Summary: Microsoft is exploring purchases of artificial intelligence startups to bolster its internal talent and model development as it adjusts to a relationship with OpenAI that has loosened over time. Talks have included Inception, a Stanford-founded team working on diffusion-based language models, and earlier consideration of Cursor, a code-gen…
Hewlett Packard Enterprise shares jumped sharply after reports that several activist investors, among them Irenic Capital, have accumulated stakes and engaged management. The development compounds pressure from Elliott Management, while solid fiscal results and a constructive technology market backdrop helped lift the stock to a fresh 52-week high.
Ford Motor Company shares jumped 13.18% in afternoon trading after a Morgan Stanley research note highlighted Ford Energy, the automaker's newly formed energy storage subsidiary, as a material and overlooked profit opportunity. The analyst emphasized Ford’s licensing agreement with CATL and suggested imminent supply deals with large commercial cust…
Longer-maturity U.S. Treasury yields climbed to levels not seen since mid-2025 after producer prices for April rose more than expected and several Federal Reserve officials signaled the possibility of further rate increases. The move followed a separate consumer price release showing the fastest annual inflation acceleration in three years, and com…
Shreya Acquisition Group completed an initial public offering that raised $110 million by selling 11 million units at $10.00 apiece, including 1 million units sold through a partial over-allotment. The units began trading on the New York Stock Exchange on May 7, 2026, and the offering was conducted under a Form S-1 registration statement declared e…
Constellation Energy shares dropped sharply as an analyst price-target cut compounded investor unease following the company’s first-quarter report. Market attention has centered on guidance that sits below analyst consensus at the midpoint, a large rise in net interest expense linked to the Calpine acquisition, and regulatory uncertainty affecting …
BP and leaders from the United Steelworkers will resume collective bargaining on Monday over a new labor contract for employees at BP's Whiting, Indiana refinery. The company said it aims to reach an agreement that preserves employment while boosting refinery performance, enhancing safety and ensuring long-term competitiveness. About 800 workers ha…
Euronext September milling wheat slipped after an earlier intraday rise, as U.S. futures cooled following a sharp move driven by a U.S. Department of Agriculture estimate for the smallest American wheat crop since 1972. Market participants are watching a planned U.S.-China summit for signs Beijing may expand purchases of U.S. grain and meat, a fact…
Shares of GMR Solutions fell as much as 11.9% on their first day of trading on the New York Stock Exchange, after opening at $13.50 per share - below the $15 offer price. The Lewisville, Texas-based emergency medical services company sold about 31.9 million shares in the initial public offering, raising $478.7 million, with a final valuation of $3 …
Kingsoft Cloud shares climbed sharply in afternoon trading, propelled by rapid expansion in its AI infrastructure business, encouraging quarterly results, management guidance for 2026, and renewed contract parameters with Xiaomi. The stock hit a new 52-week high amid a favorable session for technology stocks as investors positioned ahead of the com…
Netflix has agreed to a four-year arrangement with the National Football League that adds multiple regular-season games and expands its holiday coverage, while the streamer is rolling out an ad-supported subscription tier to 15 additional countries and testing ad personalization tools. The NFL granted other broadcast partners select rights for the …
BeOne Medicines (SS:688235) said the U.S. Food and Drug Administration has granted accelerated approval to its BCL-2 inhibitor, Beqalzi, for the treatment of relapsed or refractory mantle cell lymphoma. The decision was based on results from an early-to-mid-stage trial in which 16% of patients achieved a complete response. The company expects to in…
Mergers and acquisitions in the U.S. upstream oil and gas sector totaled $38 billion in the first quarter of 2026, the largest quarterly sum in two years, with the $25 billion Devon-Coterra merger comprising the bulk of activity. Deal flow slowed in March amid increased crude volatility after U.S.-Israeli strikes on Iran sparked a wider Middle East…
Jefferies has reduced its price target on Temple & Webster Group to A$8.95 from A$14.50 but retained a buy rating. The brokerage also lowered revenue forecasts for fiscal years 2026-2028 and pointed to a trading update that suggests pronounced consumer stress. Temple & Webster's FY2026 revenue guidance came in below market expectations.
Shares of Ouster jumped sharply in afternoon trading after the company's Rev8 OS digital lidar family was qualified for NVIDIA's DRIVE Hyperion platform, making the sensors eligible to operate on the DRIVE Hyperion stack for Level 4 autonomous vehicle development. The qualification acted as a clear catalyst on top of strong recent revenue growth an…
Analysts cut MercadoLibre to Neutral/High-Risk from Buy after first-quarter 2026 results fell short of expectations. Citi highlighted a longer, more intense investment cycle, ongoing spending initiatives and recent take-rate compression as factors clouding the company’s path to improved margins, even as revenue continues to grow strongly.
VNET shares rallied sharply in afternoon trading after the company announced that two entities affiliated with Contemporary Amperex Technology Co.-linked investors agreed to buy up to 650 million Class A ordinary shares - roughly 38.1% of outstanding stock - at $1.4486 per share ($8.6914 per ADS). The transaction, subject to conditions and schedule…
Stifel downgraded Under Armour from Buy to Hold and reduced its price target to $6 from $9, citing a longer-than-expected recovery driven by rising SG&A, slowing revenue momentum, and a weaker financial profile. The firm cut FY27 and FY28 adjusted EPS estimates and pointed to disappointing Q4 FY26 results and cautious FY27 guidance from the company…
Two leading proxy advisory firms have advised shareholders of Exxon Mobil and Chevron to reject certain board proposals and officials ahead of the companies' May 27 annual meetings. Recommendations include opposing Exxon's plan to change its state of incorporation to Texas and urging governance changes at Chevron, while the oil majors have pushed b…
Short seller Culper Research announced a short position in Nvidia, alleging the chipmaker continues to generate a material portion of its fiscal 2026 compute revenues from China through diversion and intermediaries in Southeast Asia. The firm points to financial and trade records tying a major regional buyer, Megaspeed, to Alibaba-related funding, …
BP and the United Steelworkers said on Wednesday they will reconvene contract negotiations on Monday for employees at the Whiting, Indiana, refinery. About 800 workers have been locked out since March 19 after previous bargaining failed to yield a new agreement. BP reiterated its commitment to negotiating in good faith and outlined priorities for j…
Broadcom has filed a complaint at the General Court in Luxembourg challenging requests from the European Commission for documents that include legal advice from the company's U.S. lawyers, in connection with the review of its 2023 acquisition of VMware. Broadcom says the action is narrowly focused on protecting legal professional privilege in non-E…
