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.
30,212 total articles
Sixteen large pharmaceutical companies have publicly agreed to align U.S. prescription drug prices with levels charged in other developed nations, accept most-favoured-nation pricing, sell medicines directly to consumers through a new federal platform called TrumpRx.gov and commit to substantial U.S. investments. These deals follow letters sent by …
Major carmakers introduced new electric vehicles at the New York Auto Show even as U.S. EV sales have softened following the end of a $7,500 federal tax credit. Automakers signaled continued commitment to EVs, citing rising gasoline costs and long-term market recovery timelines, while industry executives warned that near-term demand remains subdued…
OpenAI has acquired TBPN, an online technology-focused talk show popular in Silicon Valley. Founders John Coogan and Jordi Hays, who launched TBPN in late 2024 to compete with established business news outlets, will join OpenAI as part of the transaction. OpenAI did not disclose financial terms and said the acquisition is intended to improve how it…
The federal government has filed lawsuits against Arizona, Connecticut and Illinois to block state efforts to regulate prediction markets, arguing those actions conflict with the Commodity Futures Trading Commission’s exclusive authority over national swaps markets. The suits challenge cease-and-desist orders and state enforcement actions aimed at …
The administration plans to unveil a $1.5 trillion defense budget request for fiscal 2027, the largest year-over-year increase since World War Two. The package is expected to fund the $185 billion 'Golden Dome' missile defense shield, procurement of F-35 fighters, warships and Virginia-class submarines, and broader weapons production to deter Chine…
Rising petrochemical prices and tighter spreads have improved the operational outlook for Brazil-based Braskem, prompting an analyst price-target increase. However, the company faces near-term interest obligations and mounting debt pressures at its Mexico joint venture, and a delayed ownership transition has left negotiations over its capital struc…
Regeneron Pharmaceuticals said it expects to be left off a proposed U.S. tariff list aimed at drugmakers that have not finalized price-cut agreements with the administration. The company said it expects to announce a deal "in the near future" to reduce prescription costs for Medicaid and cash-paying patients, and remains the only one of 17 firms th…
Equity markets on Thursday delivered a mix of advances and declines across capitalizations. Several mega-cap technology names gained, while some large industry names fell. Mid- and small-cap stocks produced the most extreme percentage moves, with notable rallies and sharp sell-offs across sectors including technology and healthcare.
Traders face a dense schedule of U.S. economic releases on Friday, April 3, 2026, led by the monthly nonfarm payrolls report and a slate of labor-market indicators, followed by the Services PMI. The data, which include headline payrolls, unemployment, hourly earnings and a range of S&P Global PMIs, offer contemporaneous information on employmen…
SpaceX has engaged in confidential discussions with Saudi Arabia's Public Investment Fund about the possibility of PIF taking an approximately $5 billion anchor stake in the company’s planned initial public offering. The move would help limit dilution of PIF’s current holding of just under 1%. SpaceX is lining up anchor investors as it tests appeti…
Hedge funds sold global equities at the fastest clip in 13 years during March, driven largely by a rise in short positions and ETF-based trades, according to data from Goldman Sachs' prime brokerage. The selling accompanied steep monthly declines in major equity benchmarks and was concentrated across economically sensitive sectors, while managers r…
UBS released a ranked list of five U.S. natural gas companies it views as best positioned in the present market environment. The selections span diversified oil-and-gas operators and pure-play gas producers, with the firm citing operational footprints, recent financial results, leadership moves, balance-sheet actions and asset transactions in its a…
Tisco said healthcare providers in Thailand are seeing near-term operational pressure because of the ongoing war, with the impact most pronounced at hospitals relying on non-Thai patient flows. While some seasonal and contract protections offer partial relief for first-quarter 2026 earnings, domestic patient volumes are expected to be flat amid a l…
Inovio Pharmaceuticals' stock fell sharply after the company announced an underwritten public offering of 12,500,000 shares and accompanying warrants priced at $1.40 per share. The structure includes Series A and Series B warrants, an underwriter option for additional shares, and expected gross proceeds of about $17.5 million before fees.
Celldex Therapeutics Inc announced an underwritten public offering of 10,345,000 common shares priced at $29.00 each, sparking a 2.7% decline in the company's stock on Thursday. The company granted underwriters a 30-day option to purchase an additional 1,551,750 shares and said it expects gross proceeds of roughly $300 million before fees. Proceeds…
Bank of America maintained a Neutral rating on Reddit despite the stock's year-to-date decline, lowering its price target to $175 from $205 and shifting from a revenue-based valuation to an EBITDA framework. The bank highlights both upside from monetization opportunities and AI licensing, and downside from premium multiples, reliance on referral tr…
Cocrystal Pharma's stock rallied sharply after the FDA awarded Fast Track designation to CDI-988, an oral antiviral candidate developed for both prevention and treatment of norovirus infection. The designation provides regulatory advantages intended to speed development and review, while the candidate advances through a Phase 1b challenge study at …
Google has released Gemma 4, a set of open-source AI models distributed under an Apache 2.0 license. The family contains four sizes geared for edge and cloud use, supports long context windows and multimodal inputs, and is available through multiple developer platforms and download sites. Google reports more than 400 million downloads of Gemma mode…
Bloomberg reported that Coinbase Global received conditional approval from banking regulators for a national trust company charter. Full sign-off from the Office of the Comptroller of the Currency would permit the exchange to function as a federally regulated crypto custodian. A Coinbase product executive told Bloomberg that final approval could en…
BTIG warns that the launch of a DRAM-focused ETF this week represents a contrarian sell signal for stocks exposed to memory demand. The firm highlights extreme prior gains in a key memory index and in Micron Technology's share price relative to its 200-day moving average, and points to past ETF launches that coincided with market turning points.
At the Morgan Stanley China Summit 2026, investors and corporate leaders expressed markedly different outlooks for AI transceivers versus smartphones. Most participants now treat co-packaged optics as the base case for AI transceiver development and expect robust demand over the next two to three years, although there is no consensus on which firms…
U.K. equities finished higher at the close on Thursday, with the United Kingdom 100 index up 0.74%. Strength in Automobiles & Parts, Oil & Gas Producers and Gas, Water & Multiutilities sectors underpinned the advance. Market breadth was uneven, with more decliners than advancers, while commodities and currency moves featured pronounced swings.
Spain's IBEX 35 closed lower on Thursday, sliding 0.14% as losses in Financial Services & Real Estate, Consumer Goods and Building & Construction sectors pressured the market. Gains in energy and telecom names contrasted with notable declines in steel and regional banking stocks. Commodities moved sharply, with crude oil advancing and gold futures …
Portugal's benchmark PSI index finished higher on Thursday, advancing 0.75% to reach a new five-year high. Strength in Consumer Goods, Utilities and Telecoms sectors powered the rise, with energy and renewable stocks among the session leaders. Commodity markets saw pronounced movement, with Brent and front-month crude jumping while gold fell. Curre…
Netherlands stocks closed modestly lower on Thursday, with the AEX down 0.09% as losses in Basic Materials, Technology and Industrials offset gains among several large-cap names. Shell, Koninklijke KPN and BE Semiconductor were the top performers, while Akzo Nobel, ASML and Adyen registered the steepest falls. Commodity prices and currency moves ad…
