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.
23,115 total articles
Consolidated Edison CEO Tim Cawley told attendees at the Reuters Global Energy Forum in New York that the utility must enlarge selected grid components to withstand more prolonged and intense heat waves, while avoiding a complete redesign of the electric system. He urged greater deployment of rooftop solar, battery storage, demand response and grid…
Mari Group, the live-events company founded by TKO CEO Ari Emanuel, is reported to be in advanced, exclusive discussions to buy ATG Entertainment from private equity owner Providence for approximately £4.5 billion ($5.94 billion). The talks are said to aim for a conclusion within the next month, though the timing could shift and no deal is confirme…
Ariel Emanuel's Mari Group is reported to be in exclusive, advanced negotiations to acquire ATG Entertainment from private equity owner Providence for £4.5bn ($6bn). The discussions, reported to involve four people familiar with the matter, could conclude within the next month but timing remains uncertain and no deal is confirmed.
The Department of War has approved an $8.4 billion modification to Lockheed Martin Corp.'s existing Precision Strike Missile contract, increasing the contract ceiling and extending the ordering period for the Grand Prairie, Texas production facility. The amendment expands coverage to include Early Operational Capability assets, follow-on production…
The U.S. Department of War has awarded Boeing a fixed-price-incentive-firm-target contract worth $2,002,862,607 for the Mobile User Objective System (MUOS) service life extension Phase II. The work includes design, development, manufacturing, launch support and on-orbit test support for two MUOS satellites, with completion expected by Sept. 30, 203…
Honeywell Aerospace Inc (HONAV/HONA) is scheduled to be added to both the S&P 100 and S&P 500 on June 29 following a tax-free, pro-rata distribution from Honeywell International. When-issued HONAV shares jumped in after-hours trading as index inclusion and the mechanics of the spinoff narrow the investor base and create forced buying and selling am…
Legion LegalTech Corp filed suit in federal court in Washington, D.C., contesting a June 12 Commerce Department order that it says unlawfully compelled Anthropic to block foreign nationals from using two leading AI models. Anthropic disabled access to Fable 5 and Mythos 5 the same day to comply. Legion says the move immediately severed service for …
Mexico's benchmark S&P/BMV IPC closed lower on Tuesday, falling 0.41% as losses in the Industrials, Consumer Goods & Services and Consumer Staples sectors weighed on the market. While a handful of large-cap stocks gained, including Fomento Economico Mexicano UBD and Arca Continental, several heavyweights such as Grupo Carso, Grupo Mexico and Cemex …
Colombian stocks ended Tuesday's session lower, with the benchmark COLCAP finishing down 1.93%. Losses were concentrated in the Financials, Investment and Public Services sectors. Individual movers included gains for Etb and declines for Ecopetrol and Cementos Argos Pf. Commodity and currency markets posted varied results during the session.
Russian equities closed higher on Tuesday, with the MOEX Russia Index rising 0.63% as gains in Power, Oil & Gas and Manufacturing sectors pushed several large-cap names higher. NOVATEK, LUKOIL and Rosneft were among the session leaders, while PIK, Norilsk Nickel and AFK Sistema were the top decliners. The Russian Volatility Index climbed to a six-m…
Stocks moved notably in after-hours trading as FedEx plunged on a soft fiscal 2027 outlook, AI chipmaker Cerebras Systems slipped despite beating revenue estimates and raising its outlook, and Nike climbed after a management change and a tariff-refund boost to results. Investors weighed forward guidance and corporate developments across shipping, s…
Hadrian Automation Inc., a startup building AI-driven manufacturing facilities for defense and aerospace, has been reported to be in discussions for a financing round that would lift its valuation to roughly $7.5 billion and could raise up to $1 billion. The company has disputed the accuracy of the reports, and terms of any deal are not finalized. …
Commercial Vehicle Group Inc. (NASDAQ: CVGI) will be added to the Russell 2000 and Russell 3000 as part of the annual Russell U.S. Index reconstitution, effective after the close of U.S. markets on June 26, 2026. The stock rose as much as 2.8% in after-hours trading following the announcement. The company supplies systems, assemblies and components…
FedEx shares dropped sharply in after-hours trading after the company provided fiscal 2027 adjusted EPS guidance that trailed Wall Street expectations, even as the company reported quarterly results that beat analyst estimates. Elevated fuel costs and a transition to calendar-year reporting following the FedEx Freight spinoff added to investor conc…
Nike Inc. shares climbed about 2% in after-hours trading following a corporate finance leadership change and news that the upcoming fourth-quarter results will reflect a tariff refund benefit not previously factored into guidance. The new chief financial officer, David M. Denton, will start on August 17 while incumbent Matthew Friend will remain th…
RPC, Inc. said President and CEO Ben M. Palmer will retire by December 31, 2026, prompting a 2.8% decline in the company's shares during after-hours trading. Palmer, who has led the company since 2022 and served as CFO and Treasurer starting in 1996, will remain in place until a successor is named or the end of 2026 and will advise through the tran…
Leifras Co Ltd ADR (NASDAQ:LFS) saw a 25.5% gain in after-hours trading after announcing a purchase agreement to acquire Swift Japan Co., Ltd., a childcare operator in Aichi Prefecture, for about ¥454.6 million. The acquisition, slated to close on July 1, 2026, gives Leifras full ownership of Swift Japan and brings near-full-capacity licensed nurse…
Morgan Stanley's North Haven Private Income Fund saw redemption requests equal to 11.6% of its outstanding units in the second quarter. The fund accepted repurchase requests for 5% of outstanding units on a prorated basis, fulfilling roughly 43% of each investor's requested amount. Repurchases will be executed at the fund's net asset value per unit…
Verastem Inc reported early clinical data from its TARGET-D 101 Phase 1/2 study of VS-7375, an oral KRAS G12D inhibitor, showing anti-tumor activity across dose levels and substantial CA19-9 reductions in a metastatic pancreatic cancer cohort. The stock fell about 5% in after-hours trading following the release. Dose escalation is ongoing and the c…
GameStop said its board has acceded to CEO Ryan Cohen's request to remove a previously approved CEO Performance Award from its proxy statement so leadership can focus on the proposed acquisition of eBay. The withdrawal follows GameStop's non-binding $125-per-share proposal to acquire all outstanding eBay common stock not already owned, a bid eBay's…
U.S. stocks closed lower on Tuesday as losses across the Technology, Basic Materials and Industrials sectors pushed major indexes down. The Dow Jones Industrial Average finished marginally lower, while the S&P 500 and Nasdaq Composite recorded larger declines. A handful of Dow components and select S&P 500 names outperformed, even as several large-…
Willis Lease Finance Corporation saw its shares climb 3.5% in after-hours trading after investors approved a three-for-one forward stock split and all items on the company's 2026 proxy. The split, which also increases authorized shares through an amendment to the certificate of incorporation, will deliver two additional shares for each share held b…
Canada's equity benchmark finished lower on Tuesday, pulled down by losses in the Materials, Consumer Discretionary and Information Technology sectors. While the S&P/TSX Composite ended the session down 0.21%, a handful of large-cap names posted strong gains, including Alimentation Couche-Tard reaching an all-time high.
Brazil's Bovespa rose 0.52% at Tuesday's close in Sao Paulo, paced by advances in the Consumption, Public Utilities and Electric Power sectors. Market breadth was slightly positive, with 482 stocks higher versus 426 lower and 51 unchanged. Notable winners included Marfrig Global Foods and Vivara Participacoes, while Magazine Luiza and Usiminas were…
FedEx reported better-than-expected fourth-quarter results, with adjusted EPS of $6.31 and revenue of $25 billion. However, the company’s fiscal 2027 earnings-per-share guidance of $16.90 to $18.10 came in well below analysts' average forecast of $19.86, prompting roughly a 4% decline in after-hours trading. Management flagged an expected revenue i…
