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.
30,216 total articles
América Móvil reported a 25.1% increase in first-quarter net profit to 23.40 billion pesos, driven by stronger operating earnings and reduced financing costs. The company added 3.0 million postpaid mobile subscribers, led by 1.3 million in Brazil, and recorded 594,000 new broadband accesses with Mexico and Brazil the primary contributors. Quarterly…
SpaceX announced it is partnering with AI coding startup Cursor and has secured a contractual right to acquire the firm later this year for $60 billion. As an alternative to an outright purchase, SpaceX said it could pay $10 billion for a partnership. The move ties Cursor's developer-focused product to SpaceX's large-scale training compute capacity…
Moderna has initiated a late-stage clinical trial of its experimental bird flu vaccine mRNA-1018 in the United States and the United Kingdom. The phase 3 study will enroll roughly 4,000 healthy adults aged 18 and older. The program is supported by a $54 million investment from the Coalition for Epidemic Preparedness Innovations (CEPI). Moderna said…
Vodafone said it will bring a managed detection and response security offering and an agentic AI customer-engagement product to its small business customers under a $1 billion strategic partnership with Google Cloud agreed in October 2024. The security service, powered by Google Security Operations, will debut in Germany and then expand to other Eu…
The chief science officer for the U.S. President’s Emergency Plan for AIDS Relief (PEPFAR) vacated his post this week, publicly criticizing the administration’s reduction of foreign health assistance and alleging that U.S. aid is being used to press developing countries on commercial and geopolitical deals. The State Department said he left after a…
Capital One reported first-quarter results that fell below analyst expectations after the bank increased its provision for credit losses. While net interest income grew year-over-year, a sequential decline in net interest margin and a larger-than-expected reserve build pressured adjusted earnings per share. Shares slipped in extended trading and th…
General Motors has indefinitely paused its planned next-generation full-size electric truck program that had been slated to begin in 2028. The move affects lower-cost electric variants of the GMC Sierra, Chevrolet Silverado, Cadillac Escalade IQ and Hummer SUV and pickup, and suppliers have been told the program is on hold with no new schedule prov…
Trump Media & Technology Group appointed Kevin McGurn as interim chief executive officer effective immediately. McGurn, an advisor to the company since December 2024 with more than two decades of leadership experience in media and technology, will replace Devin Nunes. The company continues to face challenges scaling its social media business in the…
Lockheed Martin has been awarded four Department of Defense contracts totaling about $137.6 million. The largest is a $70.1 million modification for work on Romania's F-35 Foreign Military Sales program. Other awards cover submarine imaging systems, spare acoustic modules for Virginia-class submarines, and THAAD ground modernization equipment, with…
SpaceX told investors in its S-1 registration filing that plans to build AI data centers in orbit, and to industrialize the moon and Mars, depend on technologies that remain unproven and may not achieve commercial viability. The prospectus also highlighted the company’s heavy reliance on the Starship rocket and the unique operational hazards of spa…
Mexico's benchmark stock index closed sharply lower, slipping 1.82% as losses in industrial, consumer goods and consumer staples sectors dominated the session. A greater number of issues fell than rose, while commodities and currency pairs posted mixed results with gold sliding and crude oil climbing.
Colombian stocks finished the trading session lower on Tuesday, with the benchmark COLCAP index down 0.21%. Losses were concentrated in the Financials, Investment and Public Services sectors. While a handful of large caps posted gains, several prominent names fell, and declining issues outnumbered advancing ones on the exchange.
Liberty Defense Holdings Ltd. has set the terms for its U.S. initial public offering, pricing 3.67 million common shares at $4.50 apiece and offering pre-funded warrants to certain investors. The transaction is expected to bring in roughly $20 million in gross proceeds before underwriting discounts and other expenses, and the company plans to begin…
Stocks in Moscow closed higher on Tuesday, with the MOEX Russia Index advancing 0.24% as the Oil & Gas, Power and Manufacturing sectors provided upward momentum. Gains in major energy-related listings helped lift the index despite a larger number of declining issues than advancing ones and continued movement in commodities and volatility gauges.
The Consumer Federation of America has lodged a class-action complaint in Washington, D.C., alleging that Meta Platforms profited from adverts tied to fraudulent schemes, misled users about its efforts to curb such ads and continued to accept problematic ads through reselling channels. The filing seeks a jury trial and damages on behalf of local co…
Anthropic is preparing to extend access to its Mythos AI model to banks in Europe and the UK, with the rollout subject to security checks and timing that could range from days to weeks. The model has prompted warnings from cybersecurity experts and officials following recent discussions at the International Monetary Fund spring meeting in Washingto…
GitLab Inc. (NASDAQ: GTLB) climbed 5% in after-hours trading on Tuesday after the company and Amazon Web Services announced an expanded integration that makes GitLab's Duo Agent Platform available to AWS customers via Amazon Bedrock. The arrangement routes inference through Bedrock, preserves customers' existing AWS accounts and spending commitment…
Stocks moved in after-hours trading as companies reported earnings and updated guidance. United Airlines noted the effect of higher fuel costs on its outlook, Interactive Brokers delivered in-line first-quarter results, and Adobe revealed a $25 billion share buyback. Capital One missed profit expectations on the bottom line, Calix trimmed near-term…
New York state legislators have brought back a bill aimed at restricting investors who acquire distressed sovereign bonds with the primary intent to litigate for full repayment. The measure would amend champerty rules to let courts dismiss claims where debt was bought mainly to pursue lawsuits, and it would replace the states fixed 9% pre-judgment…
U.S. Transportation Secretary Sean Duffy expressed reservations about using federal funds to support Spirit Airlines, warning against throwing "good money after bad." President Donald Trump suggested the government might step in to protect roughly 14,000 jobs, while Spirit pursues a second bankruptcy restructuring amid challenging conditions for po…
Meta Platforms has begun building a data center in Tulsa, Oklahoma, a project valued at more than $1 billion that will add significant construction activity and create operational roles once completed. The facility, Meta's first in Oklahoma, is part of a broader push by major technology firms to expand data-center capacity to support artificial int…
U.S. stock markets finished the session lower, with the Dow Jones Industrial Average down 0.59%, the S&P 500 off 0.63% and the Nasdaq Composite down 0.59%. Losses were concentrated in the Utilities, Industrials and Consumer Goods sectors. A handful of large-cap names posted gains while a number of small-cap and micro-cap listings experienced extrem…
Toronto stocks closed lower Tuesday, with the S&P/TSX Composite dropping 1.61%. Losses were concentrated in Materials, Clean Technology and Healthcare. Market breadth favored decliners, volatility measures ticked higher and commodity moves were mixed, with gold sliding and crude oil rising ahead of the June contracts.
A federal judge in New Jersey postponed the scheduled criminal sentencing of Purdue Pharma by one week to permit broader in-person participation from victims and the public. The delay affects the finalization of a bankruptcy settlement under which the company would be dissolved and its assets used to pay $7.4 billion to those harmed by the opioid e…
United Airlines told investors it now expects second-quarter and full-year adjusted earnings below Wall Street consensus after a sharp jump in fuel costs squeezed margins. While premium and corporate demand remained firm in the first quarter, the airline said higher jet fuel prices - driven by the Iran war - are reducing near-term profitability and…
