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
German Finance Minister Lars Klingbeil said oil companies must pass on the benefits of a temporary energy tax reduction to consumers. The cut, roughly 0.17 euros per litre on diesel and petrol, is intended to provide about 1.6 billion euros in relief and will be in place for May and June as the government seeks to blunt the economic effects of high…
Spirit Airlines is preparing to suspend operations after failing to secure a $500 million lifeline, according to people familiar with the situation. The carrier could not obtain enough support from certain bondholders and the government to arrange funding before it exhausted available cash. Shares of Spirit plunged about 75% on the news while sever…
Several hundred workers staged a march through Zenica to protest the recent closure of the 130-year-old Zenica Steel Factory, Bosnia’s last major steel mill. Protesters warned the shutdown endangers thousands of jobs across the sector and follows a February closure of a Lukavac coke plant. The plant’s current owner cited logistical difficulties, ch…
Israeli equities closed higher on Friday, with the TA 35 index finishing up 1.15%. Technology, Insurance and Communication sectors provided broad support, while select large-cap names delivered the session's largest gains and losses. Commodity markets and local FX pairs also moved, with crude oil and Brent easing, June gold futures advancing, and t…
Friday's session featured pronounced moves across market-cap ranges, with large technology names including Apple and Micron Tech advancing, and several smaller-cap healthcare and gaming stocks falling sharply. The day’s action spanned mega-cap tech to small-cap biotech, with individual company news and analyst actions driving much of the volatility…
DB Ventures, owner of the David Beckham fragrance licence, has sued Coty in New York alleging material breaches of their licence agreement, including use of unapproved distribution channels and sales in gas stations. The lawsuit, filed April 23, follows similar legal action by Nautica and comes as Coty's fragrance revenue faces headwinds from licen…
Estée Lauder increased its full-year adjusted profit forecast and announced plans for up to 3,000 more global job cuts as it steps up a companywide restructuring. The move lifts the total targeted workforce reductions to 9,000-10,000 and aims to deliver up to $1.2 billion in annual cost savings, while the company pursues a potential merger with Pui…
Biotech mergers and acquisitions are running at an elevated clip in early 2026 as major drug companies seek external assets to offset approaching patent expiries. A combination of large cash reserves, appealing biotech valuations, a recent flow of approvals and growing comfort with regulatory scrutiny has created a sustained wave of dealmaking. If …
Barclays examined investor concerns that a surge of sizable technology initial public offerings could pull capital away from existing large- and mega-cap tech stocks. After reviewing past IPO waves and running an event study, the bank found no strong link between IPO ramp-ups and weaker tech returns relative to the S&P 500. Barclays argues that IPO…
American International Group said it has slowed new investments in private credit amid current market conditions, the insurer's finance chief told analysts, a move that helped lift the stock roughly 5% in early trading. AIG reported a notable increase in quarterly adjusted profit, supported by stronger underwriting and a sharp reduction in catastro…
Canada’s S&P/TSX Composite slipped modestly on Friday morning, pulled back from a near 2% surge in the prior session as lower energy prices and geopolitical concerns damped investor enthusiasm. U.S. markets extended gains, led by tech, while oil and gold retreated amid ongoing Middle East tensions and elevated rate-hike worries.
Tether Holdings SA acquired over six tonnes of gold in the first quarter, bringing its gold reserves to $19.8 billion by the end of March. The holdings equate to roughly 132 tonnes of bullion at spot prices. Gold experienced sharp moves during the quarter, including a January peak near $5,600 and subsequent selloffs tied to the outbreak of the US-I…
AIG shares advanced roughly 3.3% in early trading after a senior executive said the insurer has curtailed its private credit deployments amid prevailing market conditions. The comment came during a post-earnings analyst call, where AIG also reported a sharp increase in quarterly adjusted profit supported by strong underwriting results and a marked …
President Trump signed an executive order directing the Treasury Department to build TrumpIRA.gov, a federal portal listing private-sector Individual Retirement Accounts eligible for a government matching contribution. The match program, enacted under President Biden, will offer up to $1,000 per taxpayer and phases out at specified income threshold…
Shares of TMC the metals company Inc. (NASDAQ:TMC) climbed 10% after the National Oceanic and Atmospheric Administration determined the company’s consolidated deep-seabed mining application is in full compliance with the Deep Seabed Hard Mineral Resources Act and its regulations. The finding moves the submission into the certification phase and tri…
Federal data reviewed by Raymond James show 243 new New World Screwworm cases in the week ending April 26, an uptick that sharpens an already steady climb since early March. Cases are moving closer to the U.S. border with new reports in Coahuila and growing active caseloads in several Mexican states that border Texas. U.S. and Mexican authorities a…
Tesla registrations increased in several European markets in April, with notable year-over-year gains in Denmark, France and the Netherlands as surging fuel prices following the Iran war have pushed consumers toward electric vehicles. Regulatory activity around Tesla's Full Self-Driving software has progressed in the Netherlands, and broader contin…
Jet.AI Inc. stock climbed after the Securities and Exchange Commission declared effective the Form S-4 registration statement filed by flyExclusive in connection with the planned merger. The SEC action moves the transaction into the stage where shareholders will vote, with proxy materials to be filed and distributed in early May and a special meeti…
Novo Nordisk will begin selling an existing oral semaglutide tablet under the Ozempic brand in the United States, offering 1.5 mg, 4 mg and 9 mg doses via more than 70,000 pharmacies. The company says the reformulated pill is equivalent in safety and effectiveness to Rybelsus, which contains the same active ingredient but is sold under that name ou…
FLSmidth said it is conducting an internal investigation after discovering it had supplied certain pre-contract tender materials to individuals in Russia linked to a small number of potential projects in Kazakhstan. The company has stopped pursuing the tenders and informed U.S. and Danish authorities while the probe continues.
Wolfe Research strategists say the recent S&P 500 rally has been narrowly concentrated in about 10 large technology names—primarily semiconductors and AI-linked firms—and they expect that group to continue leading returns. The firm cites AI as the dominant secular theme, capital reallocation from slower foreign markets, and rising odds of stagflati…
The Food and Drug Administration has appointed Katherine Szarama as acting director of its Center for Biologics Evaluation and Research (CBER), according to a Politico report. Szarama succeeds Vinay Prasad after his contentious tenure; HHS did not immediately respond to a request for comment and the FDA commissioner said a permanent successor has n…
BCA Research has moved to upgrade equities and cut its recommendation on cash, citing an AI-driven corporate investment boom that it says is powering growth independent of consumer demand. The firm flagged heavy hyperscaler spending, the economic drag from the Strait of Hormuz closure, and subsequent regional allocation changes across equity market…
Bank of America cautions investors against broadly buying the S&P 500 after the index returned to record levels. The bank's Sell Side Indicator (SSI) remained unchanged at 55.6% in April, a neutral reading that is nearer a sell signal than a buy signal. BofA strategists highlight that the recent rally was concentrated among mega-cap names, that onl…
Cboe Global Markets reported a significant rise in first-quarter net income, driven by elevated options trading during a volatile period. The company simultaneously announced plans to reduce its workforce by about 20% as it reallocates investment toward core businesses. Average daily index options volume reached a record level for the quarter.
