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.
30,207 total articles
Blue Water Acquisition Corp. IV completed a $130 million initial public offering on the New York Stock Exchange, selling 13 million units at $10 each. The Cayman Islands-formed special purpose acquisition company will trade as separate Class A shares and warrants once split, and said it will prioritize targets developing AI-driven technologies whil…
U.S. stock benchmarks finished higher on Monday, driven by strength in the Consumer Goods, Industrials and Consumer Services sectors. The Dow Jones Industrial Average rose 1.38%, the S&P 500 gained 1.15% and the NASDAQ Composite climbed 1.38%. The session featured outsized moves among individual names on both major exchanges and sharp moves in comm…
Canada's equity benchmark, the S&P/TSX Composite, closed higher by 1.81% as strength in IT, Materials and Clean Technology sectors pushed the market up. Transcontinental Inc (TSX:TCLa) was the session's biggest mover, rising 43.88% to 4.82, while several energy and industrial names posted notable declines. Broader market breadth favored advancers, …
Brazil's main equity index rose sharply at Monday's close, with the Bovespa up 3.24% as stocks in Real Estate, Consumption and Industrials outperformed. Market breadth favored advancers, while volatility measures and several commodities registered significant moves alongside currency gains for the Brazilian real.
Janus Living, Inc. completed its initial public offering, selling 48.3 million shares of Class A-1 common stock at $20 per share and fully satisfying the underwriters' option to sell an additional 6.3 million shares. The shares began trading on the New York Stock Exchange on March 20, 2026 under the ticker JAN. After underwriting discounts and esti…
Boralex Inc is assessing strategic alternatives, including a possible transaction to take the company private. The Montreal-based renewable energy producer is working with Canadian banks to review incoming proposals, with the board at an early stage and able to choose to remain a public company. Shares rallied on the report after recent weakness in…
Kalshi announced new technology-driven restrictions that will prevent political candidates and individuals involved in college and professional sports - including athletes, team personnel and referees - from trading on markets tied to their own activities. The move comes as the company faces criticism from Democrats and calls for tighter oversight,…
HMH Holding Inc. has launched an initial public offering for 10,520,000 shares of its Class A common stock with an expected price range of $19.00 to $22.00 per share. The offering includes a 30-day option for underwriters to buy up to an additional 1,578,000 shares. The company has applied to list on the Nasdaq Global Select Market under the symbol…
JPMorgan Chase has hired Brian Henderson from Bank of America to lead its North America business services investment banking group, part of a wider recruitment push of senior bankers from competitors as transaction volumes recover. Henderson, with more than 20 years of experience in sectors such as waste and environmental services and equipment ren…
Freeport-McMoRan's chief executive said the company expects structural demand for copper to hold up despite market volatility tied to the Iran conflict. Speaking at a Houston energy conference, the CEO highlighted growing demand from electrification and the technology sector, noted recent price weakness, and outlined the company's push for greater …
Estee Lauder Co. saw its shares slide over 4% on Monday afternoon after a Financial Times report indicated the cosmetics group is close to a deal to merge with Spain's Puig. The proposed combination would create an entity valued at more than $40 billion and would bring together several well-known beauty and fashion brands. Puig has confirmed discus…
USA Rare Earth said Monday it has entered a non-exclusive sales and distribution agreement with Arnold Magnetic Technologies, a Compass Diversified subsidiary, a deal that prompted a rise in both companies' share prices. Under the terms, each firm will market the other's magnet products and feedstock while retaining responsibility for the quality a…
Shares of Fair Isaac Corporation fell more than 5% after news that Republican Senator Josh Hawley is launching an investigation into the company’s pricing for mortgage-related credit scores. Hawley sent letters to FICO and the Federal Trade Commission, arguing that recent price increases for credit scores are placing added strain on prospective hom…
Kalshi will introduce automated restrictions to stop athletes, coaches and officials from trading on markets tied to their own sports and will also bar political candidates from trading on markets linked to their campaigns. The platform says these moves will transition existing prohibitions against insider trading into proactive technical blocks th…
Elon Musk has proposed an expansive chip-production initiative called Terafab that aims to deliver 1 terawatt of compute capacity annually across logic, memory and packaging. The plan calls for two advanced fabs at a large site in Austin, Texas - one for automotive and humanoid-robot applications and another for space-focused AI data centers - and …
A court decision has allowed the Ben & Jerry’s Foundation to formally join a lawsuit contesting actions by The Magnum Ice Cream Company and related governance changes. The move follows an alleged cessation of funding to the foundation and continues a legal dispute that began in 2024 between Ben & Jerry’s independent board and the parent companies o…
Israeli Prime Minister Benjamin Netanyahu told U.S. President Donald Trump in a phone call that he should seize an opportunity to kill Iran's Supreme Leader Ayatollah Ali Khamenei, according to sources. The exchange, reported by Reuters sources, occurred within 48 hours of a U.S.-Israeli strike on Iranian targets and included discussion of fresh in…
LaGuardia Airport reopened after a deadly collision on Sunday evening when an Air Canada aircraft struck a firefighting vehicle on the runway following an initially safe landing from Montreal. Two pilots were killed; dozens of passengers and crew were treated for injuries and several were hospitalized. Travelers are advised to expect delays and con…
Equities displayed notable intraday volatility Monday, with several large-cap names including Palantir Technologies and GE Vernova posting solid gains while Micron Technology slipped. The session produced significant percentage moves across large, mid and small-cap lists, highlighting concentrated rallies in selected issues.
Jefferies has singled out two companies in the Technology & Information Services sector as top selections for investors prioritizing quality and a multi-year horizon. The firm points to Cognizant Technology Solutions for its assertive management stance and early AI investments, and to EPAM Systems for deep software engineering capabilities suited t…
Investors face a packed Tuesday schedule centered on March PMI readings for manufacturing and services, along with a series of other US data points, a Treasury auction and Federal Reserve commentary that together could shape near-term market expectations. The manufacturing and services Purchasing Managers’ Index prints, due at 8:45 AM ET, are the f…
Apple will host its annual Worldwide Developers Conference (WWDC) online from June 8 to 12, with a limited in-person presence for developers and students at Apple Park on the opening day. The company plans to present platform updates, including artificial intelligence improvements and new software and developer tools. Separately, reports indicate A…
Jefferies has highlighted a group of regulated electric and gas utilities that it believes stand to gain from the ongoing expansion of hyperscaler data centers. The firms cited have negotiated regulatory frameworks and large-load agreements with major technology companies that are expected to drive above-market earnings growth while providing prote…
Morgan Stanley increased its price objective for GE Vernova to $960 from $817, citing stronger-than-expected gas turbine demand, rising pricing and electrification-driven medium-term growth prospects. The firm retains an Overweight rating, and GE Vernova shares rose 5% on Monday amid wider market advances.
Truist warned that a spike in oil prices tied to Middle East geopolitical tensions could prompt airlines to trim flying and discretionary spending, reducing demand for commercial aftermarket parts and repairs. While capacity in the aftermarket remains constrained, the research house expects sentiment to soften and valuations to compress for provide…
