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
According to a Nikkei report, Japan's three biggest banks - MUFG Bank, Sumitomo Mitsui Banking Corp and Mizuho Bank - are poised to obtain access to Anthropic's Claude Mythos AI model as early as the end of May. The development follows meetings in Japan involving U.S. Treasury Secretary Scott Bessent and comes amid a broader Japanese government pus…
The Department of Homeland Security has announced that David Venturella, an Immigration and Customs Enforcement official with prior employment at private prison operator GEO Group, will serve as ICE's acting director after Todd Lyons departs at the end of May. The move occurs amid ongoing criticism of ICE detention conditions, recent deaths in cust…
Jensen Huang, chief executive of Nvidia, will accompany U.S. President Donald Trump on a trip to Beijing set for May 14-15, according to media reports citing people familiar with the matter. The announcement reverses earlier reports that Huang had been left off an initial list of executives. The visit will center on trade, artificial intelligence, …
Nidec Corp shares fell sharply after the company disclosed suspected improper conduct related to quality inspections, including unauthorised changes to materials, processes and designs in some products. The firm said no immediate product functionality or safety issues were found and that it may set up an investigation committee. The report follows …
Breeze Acquisition Corp. II priced 12.5 million units at $10.00 apiece for a $125 million initial public offering. The units are slated to start trading on the Nasdaq Global Market May 13, 2026, with the underlying shares and rights expected to trade separately under their own ticker symbols following the IPO.
Brandon Craig, who will assume the role of chief executive at BHP on July 1, said he will prioritize creating options for growth beyond 2035 by increasing exploration activity, pursuing partnerships with peers and making smaller, value-accretive acquisitions when justified. Craig made the remarks at a Bank of America conference in Miami; the commen…
Samsung Electronics shares fell sharply after talks with the National Samsung Electronics Union failed to produce a wage deal. The union, representing over 50,000 employees, has announced plans for an 18-day strike beginning May 21 unless management improves its offer on wages and performance bonuses. The dispute centers on bonus caps and a demand …
Arteris Inc reported first-quarter results that topped expectations, prompting a sharp aftermarket jump to an indicated record high. The chip-software company reported a smaller-than-forecast loss per share, revenue above estimates, and raised its annual revenue guidance, citing strong demand tied to artificial intelligence applications.
Samsung Electronics said it regretted the failure to reach a pay agreement with its South Korean union and pledged to keep engaging in what it called "sincere dialogue" to avoid a worst-case outcome. The union said no deal was reached and warned that more than 50,000 workers could stage an 18-day full strike from May 21 that may disrupt production …
U.S. stock index futures edged lower on Tuesday evening following declines on Wall Street driven by a stronger-than-expected consumer price index and heavy selling in semiconductor shares. The CPI print for April and renewed worries about the U.S.-Iran standoff weighed on investor sentiment, while the technology sector absorbed pressure from profit…
Fervo Energy raised $1.89 billion in an expanded U.S. initial public offering, selling 70 million shares at $27 each and securing a valuation near $7.66 billion. The offering price range had been raised earlier in the week. The company positions its enhanced geothermal technology as a source of continuous, carbon-free power amid tightening U.S. ele…
Fervo Energy set the price for its initial public offering at $27.00 per share for 70 million Class A shares, an increase from the initially proposed 55.6 million shares. The company granted underwriters a 30-day option for up to 10.5 million additional shares. Shares are slated to begin trading on the Nasdaq under the symbol FRVO on May 13, 2026, …
Anthropic is reportedly in advanced negotiations to acquire developer tools startup Stainless for at least $300 million. Stainless provides software that helps AI model developers access models more quickly and supports AI agents; demand has grown alongside rising interest in agents such as OpenClaw. The potential transaction coincides with Anthrop…
Nvidia Corp. Chief Executive Jensen Huang's total compensation declined 27% to $36.3 million for fiscal 2026 after the reported value of his stock awards decreased. Equity awards, the largest component of his pay, fell 36% to $24.8 million in the year that ended Jan. 25, while base salary and incentive pay remained largely unchanged.
Activist investor Ananym Capital Management says BWX Technologies could see its share price double over the coming years if the company moves to commercialize a pressurized water small modular reactor design it shelved nearly a decade ago. The firm, which has held a stake in BWX for months, outlined its thesis publicly and identified multiple value…
On May 12 - S&P Global Ratings changed Mexico's sovereign outlook from stable to negative, highlighting the risk that very slow fiscal consolidation amid weak economic growth could accelerate the accumulation of government debt and increase the country’s interest burden. The agency left Mexico’s long-term foreign and local currency ratings unchange…
Moody's Ratings kept Everforth Inc.'s Ba2 corporate family rating intact but shifted the outlook to negative from stable, citing expectations that the company's debt-to-EBITDA will remain elevated through 2026 following revenue declines and debt-funded acquisitions. The agency affirmed multiple secured and unsecured debt instruments and highlighted…
Moody's Ratings revised its outlook on Albemarle Corporation to stable from negative while affirming the company's Baa3 senior unsecured rating and Prime-3 commercial paper rating. The agency cited marked improvements in credit metrics driven by company actions and a rebound in lithium prices, noting a significant reduction in gross debt and strong…
Moody's affirmed Garrett Motion Inc.'s Ba2 corporate family rating and several related instrument ratings, while revising the outlook to positive from stable. The agency cited stronger-than-expected operating results, margin expansion, lower leverage on a Moody's-adjusted basis and substantial free cash flow generation through 2025 and the trailing…
S&P Global Ratings cut Embecta Corp.'s corporate and issue-level debt ratings to 'B' from 'B+' following a 14% revenue decline in the company's second fiscal quarter of 2026. The agency cited weakening demand for Embecta's core pen needles, share loss to a lower-cost competitor at a major customer, and broader shifts in the U.S. insulin market.…
Fitch Ratings has raised long-term senior unsecured debt and deposit ratings for seven Canadian banking groups and five related U.S. subsidiaries following an updated bank rating criteria published May 8, 2026. The moves reflect greater creditor protection from resolution debt buffers at Canada's largest lenders, while long-term issuer default rati…
SpaceX has begun evaluating potential domestic and international sites for new 'spaceports' to support an anticipated high cadence of Starship launches. CEO Elon Musk said the company expects to conduct thousands of flights per year using the fully reusable Starship system, which is being upgraded to enable rapid turnaround. The push for multiple l…
JBS reported a sharp 56% year-on-year drop in first-quarter net profit, citing operational headwinds across its North American beef and poultry units. Net income for January-March came in at $221 million, missing an LSEG analyst consensus of $236 million. The company said high U.S. livestock prices, limited cattle availability, weather-related disr…
Anthropic PBC is pursuing a financing round of at least $30 billion that company leaders have discussed at a pre-money valuation north of $900 billion. The discussions remain fluid with no formal term sheets signed, and the startup is also exploring the possibility of an initial public offering as early as October. The funds are intended to secure …
Mexico's benchmark S&P/BMV IPC closed lower, dragged down by losses in the Industrials, Consumer Goods & Services and Consumer Staples sectors. The index finished the session down 0.30%, with decliners outpacing advancers on the Bolsa. Several individual names moved notably, while currency and commodity markets posted mixed moves.
