Real-time financial, economic, and global news with market-focused context and analysis.
Coverage spans equities, macroeconomic data, commodities, currencies, technology, politics, and global events—paired with analysis that highlights why each development matters for traders and investors. From breaking headlines to hourly market snapshots and in-depth articles, the News Hub is designed to help you stay informed, oriented, and ahead of market-moving events.
PJM Interconnection will extend a cap on prices in its capacity auctions for two years after legal pressure from the state, Pennsylvania Governor Josh Shapiro said on X. The governor said the step will save millions of Americans billions on power bills while PJM continues work on a backstop auction to manage rising demand across its 13-state system…
Negotiators representing Saks, its vendors and the lenders behind a $1.75 billion debtor-in-possession loan are working to settle a disagreement over whether merchandise held on concession or consignment could be treated as collateral. Suppliers want clear court protections that their goods and related cash proceeds will remain outside lenders' sec…
Vale reported a $3.8 billion net loss for the October-December quarter, reflecting a $3.5 billion impairment on Canadian nickel assets and a $2.8 billion deferred tax asset write-off. Quarterly revenue rose to $11.1 billion and adjusted EBITDA increased to $4.6 billion, though results diverged from analyst profit expectations.
Taylor Swift’s company has lodged an opposition with the U.S. Patent and Trademark Office seeking to prevent Cathay Home Inc from registering a federal trademark for "Swift Home" on bedding products, contending the cursive "Swift" in Cathay’s logo closely mirrors the singer’s trademarked signature and could lead consumers to believe she endorses th…
Ukrainian President Volodymyr Zelenskiy said Kyiv moved to publicly support U.S. peace proposals in an effort to accelerate progress toward ending the war with Russia, while insisting Ukraine will not accept a settlement harmful to its interests. He told an interview that Ukraine is prepared for elections and a referendum if security guarantees and…
Affirm has moved beyond promise to proof: GAAP profitability, accelerating gross merchandise volume, material free cash flow, and strategic partnerships create a clear path for margin expansion. The market's knee-jerk sell-off to $49.86 creates an actionable entry for a long position targeting a re-rating back toward growth multiple peers, with def…
Norwegian Cruise Line Holdings Ltd. has appointed John W. Chidsey as its President and Chief Executive Officer, replacing Harry Sommer. Chidsey, a returning board member, outlined execution and performance improvement as priorities. The company reiterated expectations for fourth-quarter 2025 Net Yield and said quarterly and full-year 2025 results r…
Wynn Resorts reported fourth-quarter adjusted earnings per share of $1.17, missing the analyst consensus and weighed down by weaker Las Vegas results and declines at regional properties including Encore Boston Harbor. Total operating revenue for the quarter dipped to $1.87 billion while visitation and table games win percentages at its Las Vegas op…
State-owned enterprises and local government bodies in China have begun acquiring foreclosed residential projects at substantial discounts, according to tender records and analysts. The activity, visible in a handful of publicly listed auction results, aligns with a 2024 policy push to use state firms to convert distressed assets into affordable ho…
The United States and Taiwan signed a reciprocal trade agreement in Washington that reduces Taiwanese tariffs on U.S. goods and establishes multi-billion-dollar purchase commitments in energy, aircraft, and power equipment. The pact, executed under the auspices of the American Institute in Taiwan (AIT) and the Taipei Economic and Cultural Represent…
President Trump's nomination of Jeremy Carl to serve as assistant secretary of state for international organizations encountered a significant obstacle when Republican Senator John Curtis announced he would oppose the appointment. Curtis cited Carl's past statements about Jewish people and his views on Israel, delivered during the nominee's Senate …
FDA approval of Optune Pax for locally advanced pancreatic cancer materially broadens NovoCure's TAM and gives the stock a near-term re-rating lever. The catalyst is clear; the trade is to buy a measured entry on the post-announcement pullback with defined stop and target.
Citigroup Inc. increased Chief Executive Officer Jane Fraser’s total 2025 compensation by 22% to $42 million, according to a regulatory filing. The package, concentrated in stock awards after a modest base and cash incentive, follows a year of significant operational and financial gains for the bank, including a 66% rise in its stock, record revenu…
Spartacus Acquisition Corp. II sold 23 million units at $10 apiece, raising $230 million after exercising a 3 million unit overallotment. Units started trading on the NASDAQ Capital Market on February 11, 2026 under the symbol TMTSU. Proceeds were placed in a trust account and the company said it will pursue mergers or acquisitions focused on techn…
US Foods Inc., operating as US Foods-Lexington in South Carolina, has been awarded a $603,075,000 indefinite-delivery/indefinite-quantity contract by the Defense Logistics Agency Troop Support in Philadelphia to supply full-line food and beverage items to U.S. military services. The fixed-price agreement includes economic-price-adjustment provision…
TD Cowen has resumed coverage of XOMA, Ltd. with a Hold rating after the company's acquisition of Generation Bio. The firm highlighted XOMA's sizable royalty portfolio and robust recent revenue growth, while noting it needs more confidence in the revenue prospects and asset valuation before moving to a more positive rating. XOMA's balance sheet str…
U.S. officials have signed a finalized reciprocal trade pact with Taiwan that establishes a 15% U.S. tariff on Taiwanese imports and binds Taiwan to a timetable for cutting or removing tariffs on most U.S. goods. The agreement includes specific purchase commitments for 2025-2029 across energy, aerospace, power equipment and heavy industry, and imme…
Expedia projected 2026 gross bookings and revenue above Wall Street expectations, citing robust demand from business customers and increased participation by travel agencies and partners. The Vrbo-parent forecast gross bookings of $127 billion to $129 billion and revenue of $15.6 billion to $16 billion, while fourth-quarter adjusted profit and reve…
Newly released Justice Department records include a February 1, 2016 email from Dr. Mehmet Oz and his wife inviting Jeffrey Epstein to a Valentine’s Day event. The files, published to comply with bipartisan congressional legislation, disclose multiple references to Oz in Epstein-related documents. Oz is not accused of wrongdoing in connection with …
DA Davidson initiated coverage of Intel Corporation (INTC) assigning a Neutral rating and a $45.00 price target. The firm's view highlights a major operational reset underway at Intel and recognizes tangible business developments that have driven substantial recent share gains, while warning that current market expectations embedded in the stock ap…
DA Davidson began coverage of Taiwan Semiconductor Manufacturing Company (TSMC) with a Buy rating and a $450.00 price objective, pointing to the company's established manufacturing execution and recent technology milestones as key advantages. The firm highlighted TSMC's financial strength, strong margins and the commercialization of its N2 node, wh…
Goldman Sachs shifted its rating on Copa Holdings (NYSE:CPA) from Buy to Neutral, while modestly raising its price target to $151 from $150. The bank cited limited upside for further re-rating despite recognizing the Panama-based carrier's strong operational performance and improving fundamentals. Recent financial results and competing analyst view…
Goldman Sachs downgraded LATAM Airlines Group (NYSE: LTM) from Buy to Neutral and reduced its price target to $64.10 from $66.20, pointing to constrained upside following a substantial share-price rally since October 2024. The firm retained its Q5-Q8 EV/EBITDA target multiple at 5.0x but revised forecasts, producing a price target that implies mini…
PTC Therapeutics said it has withdrawn its resubmitted New Drug Application for Translarna, a therapy for nonsense mutation Duchenne muscular dystrophy, after the U.S. Food and Drug Administration indicated the data were unlikely to meet the agency's threshold for substantial evidence of effectiveness. The announcement coincided with a roughly 4% d…
Arhaus has pulled back to $9.13 after a bout of selling that looks more technical than structural. The business is cash-generative, lightly levered, and expanding showrooms while raising revenue guidance in recent quarters. At roughly $1.29B market cap and a P/S near 1.0, this is a buy-the-dip setup with a clear entry, stop, and target for a mid-te…
