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.
28,534 total articles
Fitch Ratings affirmed Ally Financial Inc.'s Long-Term Issuer Default Rating at 'BBB-' and upgraded the firm's risk profile to 'bbb' while shifting the Rating Outlook to Positive from Stable. The agency cited improving profitability, better credit performance and stronger capital and liquidity metrics as the basis for the more optimistic outlook, e…
Brazilian stocks closed lower on Thursday, with the Bovespa down 0.15% in Sao Paulo. Losses in the Financials, Basic Materials and Consumption sectors contributed to the decline. A small number of large movers drove intraday performance, while market breadth remained tilted toward advancing issues. Commodity contracts and local currency pairs regis…
Moody's upgraded VNET Group, Inc.'s corporate family rating to B1 from B2 while keeping a stable outlook, attributing the move to the company's expanding wholesale internet data center (IDC) business and improving earnings and cash flow metrics. The agency projects roughly 20% annual gross revenue growth over the next 12 to 18 months and anticipate…
Moody's Ratings affirmed Welltower Inc.'s A3 long-term issuer rating and raised the outlook to positive from stable, citing continued revenue and earnings expansion and an expected material improvement in credit metrics over the next 12 months. The firm also affirmed related A3 and P-2 ratings across Welltower's debt instruments and a backed rating…
S&P Global Ratings upgraded Hudbay Minerals to BB- from B+ with a stable outlook after the miner posted stronger-than-expected 2025 results that lifted EBITDA, produced $174 million in adjusted free operating cash flow and allowed the company to reduce leverage. A multi-stage financing agreement with Mitsubishi Corp. for a stake in the Copper World…
S&P Global Ratings upgraded Micron Technology to BBB from BBB- with a positive outlook, attributing the move to stronger scale and accelerated growth driven by artificial intelligence demand. The agency said AI-related products materially boosted Micron’s EBITDA and cash flow, revised long-term compounded revenue expectations higher, and expects th…
Peter Haytaian, executive vice president and president of the Carelon services division at Elevance Health Inc. (NYSE:ELV), is planning to leave the company. Haytaian led the rapidly expanding Carelon unit, which provides pharmacy benefits and other services beyond traditional insurance. He had been viewed as a potential successor to Chief Executiv…
Bombardier's CEO said the company currently operates about 60 business jets in India and sees room for growth as the country invests in airport infrastructure, including roughly a dozen airports under construction. Limited local infrastructure has constrained sales to date, but planned spending on aviation facilities over the coming years could ope…
Elliott Management Corp. has asked investment banks to pitch for roles on a potential initial public offering for its book retail holdings, Barnes & Noble and Waterstones, according to people familiar with the discussions. The investment firm is weighing a combined London listing but has not ruled out a U.S. listing. Rothschild & Co. is advising El…
Shares of Inspire Medical Systems jumped roughly 40% on Thursday after the Centers for Medicare & Medicaid Services signaled it will add six product-specific HCPCS codes for hypoglossal nerve stimulation devices in the April 2026 Integrated Outpatient Code Editor update, with those codes effective Jan. 1, 2026. Keybanc analyst Brett Fishbin identif…
Research firm IDC forecasts a 12.9% decline in global smartphone shipments in 2026, driven by an unprecedented shortage of memory chips. The firm sees shipments falling to roughly 1.1 billion units from 1.26 billion in the prior year. Elevated demand for advanced memory to support AI workloads is draining supply and raising component costs, prompti…
RBC has released its preferred pharmaceutical stock selections, splitting recommendations between momentum and value strategies. Eli Lilly is flagged as the top momentum choice with a $1,250 price target driven by its GLP-1 franchise and the potential launch of oral orforglipron. AbbVie is RBC’s top value pick at a $260 target, backed by immunology…
Equity trading on Thursday produced a mix of notable declines among large-cap technology and semiconductor firms and sharp advances in selected names ranging from quantum computing to small-cap consumer stocks. News items tied to chip supply and product shipments coincided with heavy selling in several mega-cap chipmakers, while earnings beats and …
Traders are gearing up for a concentrated slate of U.S. economic releases on Friday, February 27, 2026, with the Producer Price Index (PPI) and its core measures leading the docket. A variety of additional indicators - from regional manufacturing surveys and construction spending to rig counts and weekly CFTC speculative position reports across com…
A varied roster of companies spanning healthcare, chemicals, reinsurance, travel technology and energy are due to release quarterly earnings on Friday. Market participants will parse reported results and management guidance for signs about demand, cost pressures and near-term prospects across multiple industries. A detailed list of estimated earnin…
Apple TV has taken over exclusive U.S. broadcast rights for the 2026 Formula One season, delivering live coverage of all 24 rounds, while Netflix will air the Canadian Grand Prix live to U.S. viewers in May and season eight of the Drive to Survive docu-series will be available on Apple TV. Apple said select races and practice sessions will be offer…
Agilent Technologies shares fell about 7% after the company reported first-quarter results that slightly missed analyst estimates on both earnings and revenue. The company provided a Q2 revenue range that is above consensus and set full-year 2026 targets that largely track market expectations for earnings and revenue.
EDP is positioning itself to supply a large pipeline of data centre projects across the Iberian Peninsula by leveraging what it describes as structurally low electricity prices and clarified regulatory returns. The company has signed a renewable power supply partnership for a 1.2-GW site in Sines and projects steady electricity demand growth in the…
Paychex reported a 2.7% rise in its shares Thursday after unveiling a set of artificial intelligence features for its Paycor and Paychex Flex human capital management platforms. The updates include automated shift matching, timesheet scoring with auto-approval, optimized shift creation with preset guardrails, and predictive time-off analytics along…
eLong Power Holding Ltd. saw its Nasdaq-listed shares drop sharply after the company disclosed the pricing of an underwritten public offering. The deal, structured as units of one Class A ordinary share plus one warrant and expected to generate about $7.0 million in gross proceeds, includes features that expand potential share issuance and provide …
Shares of Tian Ruixiang Holdings Ltd. (NASDAQ:TIRX) rose sharply after the company said a strategic global digital asset investor increased its planned Bitcoin contribution from 15,000 BTC to 30,000 BTC. The enlarged stake, worth in excess of $2.0 billion at prevailing prices, will be allocated to accelerate a joint global innovation lab focused on…
Laser Photonics Corp. (NASDAQ: LASE) saw its shares climb 16.2% on Thursday after announcing a new order for its CMS Laser Marking System from a major American fiber optic technology manufacturer. The purchase, placed by a repeat customer that already operates more than 20 CMS Laser systems, covers an automated marking solution engineered for optic…
Investment funds managed by Indigo Partners intend to sell about 10 million ordinary shares in Wizz Air Holdings PLC through a secondary placing, according to an announcement from J.P. Morgan Securities. The move will reduce Indigo Partners’ stake in the low-cost carrier. No pricing or timing details were provided.
Boyd Gaming Corporation has announced the sale of its Sam’s Town Shreveport casino to Bally’s Corporation. Both companies confirmed the transfer but provided no financial terms, timeline, or clarity on regulatory approvals or operational impacts for the Shreveport location. The transaction represents a divestiture for Boyd and an acquisition in lin…
Shares of Sigma Lithium Resources Corp (NASDAQ:SGML) plunged 13% following a report from short seller Blue Orca Capital that disclosed a short position and detailed alleged safety violations at the company's Brazilian mine, multiple creditor claims, and undisclosed regulatory actions. The claims reference a 2025 technical report and court records, …
