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.
23,111 total articles
Lockheed Martin has been awarded three contract actions from the U.S. Department of War totaling about $205.5 million. The awards include a large modification for HH-60W spare parts that adjusts cumulative contract value, a funds add on for long-range radar support and spares, and an undefinitized contract action for AH-64 Apache sensor logistics a…
Shares of NETSTREIT Corp. rose in after-hours trading after S&P Dow Jones Indices said the company will be added to the S&P SmallCap 600, replacing ProAssurance Corp. The move is effective before trading opens on Monday, June 29, and follows the pending cash acquisition of ProAssurance by The Doctors Company. Inclusion in the index typically draws …
Huntington Ingalls Industries received a $44.1 million cost-plus-incentive-fee modification to an existing Navy contract to complete supplemental work on the CVN 74 Refueling Complex Overhaul for the USS John C. Stennis. Newport News Shipbuilding will carry out the work at its Newport News, Virginia facility, with a projected completion date of Oct…
Mexico's benchmark S&P/BMV IPC ended Wednesday's session down 0.85%, driven by losses in the Industrials, Consumer Goods & Services and Consumer Staples sectors. A handful of stocks rose, led by Sigma Foods, while miners and consumer-facing groups recorded some of the sharpest declines. Commodities and currency moves accompanied the equity weakness…
Colombian equities closed lower on Wednesday as the COLCAP slipped 3.24%. Losses concentrated in the Financials, Investment and Public Services sectors drove the decline. Etb led gains with a strong single-session advance and a new 52-week high, while Cementos Argos Pf, Interconnection Electric SA ESP and Mineros SA recorded the largest declines. C…
The Pentagon announced that Raytheon Co. has been awarded a $398.7 million contract to support Advanced Medium Range Air-to-Air Missile (AMRAAM) D4/C9 system requirements and preliminary design review activities. The cost-plus-fixed-fee and cost-reimbursement undefinitized award will fund proof-of-design and proof-of-manufacturing work to be done i…
Micron Technology reported an all-time quarterly revenue high and earnings that substantially exceeded analysts' expectations, triggering a strong after-hours surge across memory and broader semiconductor stocks. The company posted fiscal third-quarter 2026 revenue of $41.46 billion and EPS of $25.11, both well above consensus, while exchange-trade…
Russian equities closed sharply lower on Wednesday, with the MOEX Russia Index dropping 4.25% to a new three-year low. Losses were broad-based across key resource and utility sectors. Volatility rose sharply and commodities posted mixed moves, with gold and crude oil weaker and Brent slightly higher.
President Trump on Wednesday said the U.S. Department of Justice is conducting an inquiry into ExxonMobil, Chevron and other oil companies to determine whether gasoline prices at the pump remain inflated despite a large release of oil reserves. The president accused the companies of "gouging" customers and said they have not lowered retail gasoline…
After regular trading, Micron Technology jumped on strong quarterly results and aggressive forward revenue guidance, lifting some peers. Qualcomm gained following an investor day that outlined a push into data centers and automotive, while JPMorgan climbed after passing Federal Reserve stress tests and announcing a dividend increase and a large sha…
A company linked to billionaire Ira Rennert has reached a $150 million U.S. settlement with 1,373 Peruvian plaintiffs who alleged childhood poisoning by lead and other toxic substances from a smelter in La Oroya, lawyers said. The agreement with Doe Run Resources, part of the Renco Group, was disclosed in St. Louis federal court as the first of fou…
eXoZymes Inc. announced it has been awarded a $2,028,518 Phase IIB Small Business Innovation Research grant from the National Institute of General Medical Sciences, part of the National Institutes of Health. The funding, slated to start July 1, 2026, will back the company’s efforts to manufacture rare cannabinoids and develop cannabinoid analogs us…
U.S. equities closed mixed Wednesday, with the Dow Jones Industrial Average advancing 0.36% while the S&P 500 slipped 0.09% and the Nasdaq Composite fell 0.43%. Strength in Industrials, Consumer Services and Healthcare supported gains, but losses in Telecoms, Oil & Gas and Basic Materials weighed on broader indices. Several individual stocks produc…
Canada's S&P/TSX Composite ended the trading day lower, dragged down by losses in the Materials, Energy and Telecoms sectors. The benchmark fell 0.55% as a handful of large-cap winners contrasted with steep declines among select miners. Oil and gold futures slipped, while the S&P/TSX 60 VIX ticked higher.
Brazil's main equity index closed lower on Wednesday, with the Bovespa finishing down 0.44% in Sao Paulo. Losses were concentrated in the Basic Materials, Electric Power and Telecoms sectors. While select names rallied—led by C A Modas SA—steelmaker Companhia Siderurgica Nacional slid to five-year lows. Commodity markets registered notable moves, i…
Executives and analysts at a major lithium conference said expanding demand for stationary battery storage - fueled in part by artificial intelligence and grid resilience projects - is helping offset weaker electric vehicle sales in some regions. Speakers argued the market is rebalancing after a period of overproduction and urged governments to sup…
Jefferies Financial Group reported a more than twofold increase in second-quarter profit, driven by stronger fees from advisory work and equity underwriting. The results provide an early read on investment banking activity in the quarter, with dealmaking remaining robust across technology, healthcare and utility and energy sectors.
Taysha Gene Therapies said it has begun an underwritten public offering of common stock and pre-funded warrants totaling $200 million, a move that coincided with an 8.5% decline in the company's shares in after-hours trading. The company intends to give underwriters a 30-day option to buy up to an additional 15% of the shares, and the offering rema…
Identiv Inc. agreed to transfer its IoT operating assets, including a German R&D facility and its Thai subsidiary, to Trackonomy Systems in exchange for $50 million of preferred equity. As part of the arrangement, Identiv will contribute $25 million in cash to Trackonomy to support integration and capital expenditures. The company said it will rema…
JPMorgan Chase and Goldman Sachs said their boards intend to raise quarterly common dividends and pursue share repurchases following the Federal Reserve's 2026 stress test results. JPMorgan proposed a rise to $1.65 per share and a $50 billion buyback program; Goldman Sachs proposed raising its dividend to $5.00 per share. Both firms will maintain t…
Qualcomm unveiled its Dragonfly C1000 data center CPU and disclosed a multi-generation supply agreement with Meta at Investor Day 2026 in New York City. The company also plans an approximately $4 billion all-stock acquisition of AI software firm Modular. Markets reacted cautiously, with Qualcomm shares falling amid concerns about near-term dilution…
Ryman Hospitality Properties Inc. has engaged Morgan Stanley & Co. to gauge interest in a possible sale of its 70% holding in Opry Entertainment Group, the company that runs the Grand Ole Opry House and the Ryman Auditorium. A transaction is being explored, but a sale is not assured. Ryman's hotel and convention properties, including Gaylord Opryla…
Alibaba Group's shares dropped about 3% following allegations from AI startup Anthropic that actors connected to the company's Qwen AI lab ran an extensive operation to scrape interactions from Anthropic's Claude models. Anthropic reported a concentrated campaign using nearly 25,000 fraudulent accounts and tens of millions of exchanges from April t…
Microchip Technology shares slid in afternoon trading, pressured by a cautious note from J Capital Research, sizeable insider selling over the past three months, elevated valuation concerns and a broader risk-off mood in semiconductor stocks ahead of a major industry earnings report. The stock dropped to an intraday low before a partial rebound, re…
Microchip Technology’s stock fell after a short seller released a report questioning the durability of the company’s data center expansion, citing shrinking data center revenue over several years, capex that trails depreciation, and a small data center business relative to peers. The report also highlighted customer losses and skepticism about whet…
