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.
30,184 total articles
GalaxyEdge Acquisition Corp has priced an initial public offering of 10 million units at $10.00 per unit, generating $100 million in gross proceeds. Each unit comprises one ordinary share and a right to receive one-fourth of a share upon completion of an initial business combination. The units are expected to begin trading on the New York Stock Exc…
Defense contractors are preparing to excise Anthropic's Claude AI from projects tied to the U.S. military following a federal agency-wide ban announced by President Donald Trump and a subsequent Department of Defense pronouncement that labeled the company a national security supply chain risk. Legal specialists say the administration's legal footin…
CrowdStrike on Tuesday projected fiscal 2027 revenue that exceeds analysts' consensus, pointing to persistent demand for its AI-driven cybersecurity offerings. The company also raised first-quarter revenue guidance and reported fourth-quarter results that beat estimates, while noting elevated but narrowing costs tied to a July 2024 Windows outage. …
Shell's Brazil unit has committed to invest 3.5 billion reais ($667.84 million) in Raizen, the sugar and ethanol producer that has posted consecutive losses and rising net debt. The investment is intended as part of a broader recapitalization plan, with Shell expecting another shareholder to provide an equivalent sum. Company leaders say a potentia…
Lockheed Martin Rotary and Mission Systems has been awarded a $1.9 billion indefinite-delivery/indefinite-quantity contract by the U.S. Department of War to continue production, modernization, sustainment and support of C-130J training and maintenance systems. The work spans multiple U.S. and international bases and is scheduled for completion by F…
Kensington Capital Acquisition Corp. VI completed a priced initial public offering of 20 million units at $10.00 per unit on March 3, 2026, raising $200 million. Units are expected to begin trading on the New York Stock Exchange under the symbol KCAC.U on March 4, 2026, with the offering set to close March 5, 2026, subject to customary closing cond…
Meta Platforms has reached a multiyear licensing arrangement with News Corp that will provide the social media company with access to News Corp content from the United States and the United Kingdom. The deal, which runs for at least three years, may pay News Corp as much as $50 million annually and permits Meta to use the material both to refresh A…
Equity moves in after-hours trading tracked a mix of legal resolution and earnings updates. Moderna, Roivant Sciences and Arbutus Biopharma rallied following a $2.25 billion global settlement tied to lipid nanoparticle delivery technology used in COVID-19 vaccines. Retailer Ross Stores and cloud storage company Box gained after quarterly beats, whi…
U.S. stock indices closed lower on Tuesday with the Dow Jones Industrial Average recording a new one-month low. Losses were concentrated in Basic Materials, Industrials and Consumer Goods, while market breadth favored decliners across both the NYSE and Nasdaq. Volatility climbed and commodity prices moved sharply, with gold falling and crude oil ri…
Mexico's benchmark S&P/BMV IPC closed Tuesday lower, falling 2.94% as declines in Industrials, Consumer Goods & Services and Consumer Staples weighed on the market. Market breadth favored decliners, and major commodities and FX moves accompanied the equity drop, with oil rising and gold futures falling.
Canada's main stock index closed lower Tuesday, driven by losses across the Materials, Clean Technology and Financials sectors. The S&P/TSX Composite fell 2.19% while market breadth showed more decliners than advancers. Notable individual moves included gains in Paramount Resources, Thomson Reuters and Constellation Software, and steep drops in Pet…
Colombia's main equity gauge, the COLCAP, closed modestly higher on Tuesday, advancing 0.06% as gains concentrated in Industrials, Services and Agriculture. Market breadth favored decliners by the reported ratio, while individual movers included Ecopetrol and several large-cap declines. Commodity and currency moves were mixed, with notable shifts i…
Shares of Arbutus Biopharma jumped sharply after markets as Roivant and Moderna also rose following a $2.25 billion global settlement resolving patent litigation over lipid nanoparticle delivery technology used in Moderna’s COVID-19 vaccine. The deal includes a $950 million upfront payment, a conditional $1.3 billion payment tied to an appellate ru…
The MOEX Russia Index finished Tuesday's session down 0.42%, pressured by losses across the Telecoms, Mining and Power sectors. Oil majors and affiliated energy names posted gains, but declines were widespread on the Moscow exchange, with regional bank Moskovskiy Kreditnyi Bank hitting three-year lows. Volatility eased, while commodities moved in m…
A Wells Fargo analyst told clients that President Donald Trump’s announcement to halt trade with Spain could complicate U.S. regulatory approval for Banco Santander’s $12.2 billion acquisition of Webster Financial. The analyst downgraded Webster’s stock, and both banks’ shares fell on the news. Escalating trade tensions could lengthen the approval …
The U.S. Food and Drug Administration issued 30 warning letters to telehealth companies for making false or misleading claims on websites about compounded GLP-1 products. The action is the second wave of letters since an enforcement campaign began in September, and follows thousands of notices sent over the past six months to pharmaceutical and tel…
The National Transportation Safety Board is investigating multiple incidents in January involving Waymo self-driving vehicles that passed stopped school buses with activated lights in Texas, adding to a cluster of prior events that led to a December recall. Federal and local authorities, as well as the company, are examining circumstances surroundi…
Google unveiled Gemini 3.1 Flash Lite, positioning it as the fastest and most cost-effective model within the Gemini 3 lineup. Available in preview via the Gemini API in Google AI Studio and through Vertex AI for enterprises, the model carries lower per-token pricing and delivers measured gains in latency and output speed versus the prior 2.5 Flash…
On March 3 the U.S. Food and Drug Administration issued warning letters to 30 telehealth companies that it says made false or misleading statements about compounded versions of popular GLP-1 weight-loss medications. The agency flagged claims that compounded products were equivalent to approved therapies and noted some firms disguised product origin…
Brazil's main equity benchmark, the Bovespa, closed lower on Tuesday, sliding 3.38% as losses in Financials, Basic Materials and Consumption sectors pressured the market. Decliners outpaced advancers by more than two-to-one, while volatility and moves in commodities and FX were notable at the end of the session.
Virginia has filed an appeal asking the 4th U.S. Circuit Court of Appeals to lift a federal judge's preliminary injunction that halted enforcement of a state law restricting social media use by children under 16 to one hour daily. The law, signed last May and effective January 1, also mandated age verification and was framed as a measure to protect…
U.S. financial services firms have elevated cybersecurity vigilance following the killing of Iranian Supreme Leader Ali Khamenei last weekend in an air strike and the resulting escalation of conflict in the Middle East. Industry officials, intelligence assessments and sector groups warn of increased hacktivist activity - including distributed denia…
Meta Platforms has set up a new applied AI engineering organization within its Reality Labs division to back the company’s superintelligence initiatives. The unit will be led by Maher Saba, report to Chief Technology Officer Andrew Bosworth, and is designed with an ultra-flat structure that may see as many as 50 employees reporting to a single mana…
Senate Minority Leader Chuck Schumer plans to introduce legislation that would bar companies from processing more than one type of meat and prompt reviews of foreign-owned meat companies. The proposal could compel major processors to divest beef plants and targets firms such as Brazil-based JBS and Smithfield Foods, which is majority-owned by Hong …
The National Transportation Safety Board is examining incidents in January in which Waymo self-driving vehicles passed stopped school buses with flashing lights in Austin, Texas. One event on Jan. 12 occurred while a bus was loading students; the agency is also aware of a Jan. 14 incident involving a 2023 International school bus on a special-needs…
