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.
14,470 total articles
A U.S. district judge has refused to dismiss a 2025 lawsuit by BASF accusing Duracell, owned by Berkshire Hathaway, of stealing trade secrets related to a proprietary process for producing a high-performance cathode material used in lithium-ion batteries. The decision is under seal while the parties propose redactions.
Grupo Televisa reported a first-quarter net profit of 1.03 billion pesos, more than triple the prior year, while group revenues fell 3.1% to 14.51 billion pesos. The company said improved margins, lower corporate costs and taxes, and higher income from an increased stake in its combined business with Univision supported the earnings beat amid a slu…
NXP Semiconductors issued guidance for the second quarter that exceeds Wall Street projections, citing a pickup in industrial and automotive demand as customers work through pandemic-era inventory. The stronger-than-expected outlook lifted NXP shares by roughly 15% in extended trading. The company also reported first-quarter revenue and adjusted ea…
PPG Industries reported first-quarter net sales of $3.93 billion, a 7% year-over-year increase that exceeded analyst consensus. The company cited recent price increases and resilient demand in aerospace, protective and architectural coatings as drivers. PPG also reported adjusted earnings of $1.83 per share, topping the $1.77 estimate, and reiterat…
Pernod Ricard said it has terminated merger negotiations with Brown-Forman after the two companies could not agree on mutually acceptable terms. The talks, revealed last month, would have paired the world's second-largest spirits maker with the largest producer of American whiskey. Brown-Forman shares dropped about 4% in after-hours trading while P…
Brown-Forman shares fell as much as 6% in after-hours trading after Pernod Ricard said merger discussions between the two spirits firms have ended without an agreement. The companies had confirmed on March 26 that they were exploring a possible merger. Pernod Ricard said it will remain focused on its current strategy and operating model. Brown-Form…
Kone Oyj is reportedly close to clinching a cash-and-stock acquisition of TK Elevator, in a transaction that would value the German lift and escalator group at around €29 billion ($34 billion) including debt. Sources say Kone is finalising arrangements with TK Elevator's private equity owners, Advent and Cinven, and that an announcement could arriv…
T-Mobile increased its projected 2026 postpaid net account additions to a range of 950,000-1.05 million, citing strong demand for bundled premium plans and continued success in converting customers to higher-priced offerings. The carrier reported 217,000 postpaid net account additions in the first quarter and first-quarter revenue of $23.11 billion…
U.S. stocks closed mostly lower on Tuesday, with the Dow Jones Industrial Average eking out a modest decline while the S&P 500 and Nasdaq Composite fell more noticeably. Losses were concentrated in Basic Materials, Industrials and Technology sectors, while individual large-cap names and small-cap movers produced sharp single-day gains and losses. C…
Canada's equity market finished lower on Tuesday, with the S&P/TSX Composite retreating 0.69% as Information Technology, Materials and Clean Technology sectors fell. Market breadth favored decliners, though a handful of energy and transportation stocks posted notable gains. Volatility measures ticked up and commodity prices diverged, with oil risin…
A batch of quarterly results and guidance sent a range of stocks moving in after-hours trading. Booking Holdings and Robinhood declined after bookings and revenue missed expectations, while Starbucks, Seagate, NXP Semiconductor, Visa and several others climbed after beating estimates or issuing bullish guidance. Several storage and semiconductor na…
Summary: Brazil's benchmark Bovespa index closed lower on Tuesday, finishing the session down 0.51% in Sao Paulo. Declines in the Public Utilities, Consumption and Real Estate sectors outnumbered gains across the exchange, though select industrial and materials names posted notable advances. Market breadth favored decliners and volatility and commo…
Seagate Technology issued guidance for its fiscal fourth quarter that exceeded Wall Street expectations, citing strong demand for storage systems as enterprises accelerate adoption of artificial intelligence. The company reported a solid third quarter and detailed revenue and earnings targets that outpaced analyst forecasts, while noting an intense…
FDA Commissioner Marty Makary said Tuesday that the agency has not yet selected a replacement for Vinay Prasad as director of the Center for Biologics Evaluation and Research but that he expects a decision in the coming weeks. Prasad's departure was announced last month, with the agency indicating he would leave by the end of April.
Starbucks reported stronger‑than‑expected comparable sales for the quarter, with global same‑store sales rising 6.2% versus analyst expectations of 3.7%. The company credited investments in quicker service, improved staffing and a simplified in‑store experience under CEO Brian Niccol for drawing more customers and lifting margins.
Barclays has published its most recent rankings of U.S. internet stocks, placing Amazon first and Meta Platforms second among four companies the firm favors in the sector. The list also includes MercadoLibre and Chewy, with each company noted for recent strategic developments cited within Barclays' assessment.
A U.S. Geological Survey assessment estimates the Appalachian region stretching from Maine through the Carolinas contains about 2.3 million metric tons of undiscovered, economically recoverable lithium. The agency says the deposit could substitute hundreds of years of current U.S. lithium imports and support large-scale battery and electric vehicle…
Top U.S. companies from automakers to beverage makers are conveying confidence that they can absorb or offset the financial stress from the Iran war, even as rising oil and packaging costs and U.S. tariffs lift input prices. A Reuters review found dozens of companies cutting guidance, warning of hits or planning price increases, while several execu…
Joby Aviation is running a week of point-to-point electric vertical takeoff and landing (eVTOL) demonstration flights across New York City under a Federal Aviation Administration pilot program. The flights, which include departures from JFK Airport to several existing Manhattan heliports, are intended to validate acoustics and performance in a dens…
Rising crude oil has driven soybean oil to its highest level in over three years, lifting North American soy crush margins to levels not seen since early 2022. That strength is supporting profit expectations for oilseed processors Bunge and Archer Daniels Midland, even as both face higher energy and shipping costs and ongoing trade disruptions.
Google has modified its agreement with the U.S. Department of Defense to permit the Pentagon to connect to the company’s commercial artificial intelligence models via application programming interface (API) access. The amendment, confirmed by a Google spokesperson, expressly excludes custom work or the creation of bespoke models. The move comes as …
A US Army special forces master sergeant pleaded not guilty to allegations he used classified information about the operation to capture former Venezuelan president Nicolas Maduro to place profitable bets on Polymarket, prosecutors say. The defendant faces claims he created an account in late December, placed multiple 'YES' wagers, and cashed out a…
Apple is working on a major update to its native photo editing tools that will use on-device artificial intelligence models to let users extend, enhance and reframe images on iPhone, iPad and Mac. The features are expected to be part of iOS 27, iPadOS 27 and macOS 27, due this fall, according to people familiar with the plans.
The U.S. Food and Drug Administration has launched a pilot program to receive and review clinical trial signals in real time, a move intended to cut what the agency calls "dead time" in drug development. The program grants regulators access to aggregated Phase 1 data from sponsors to assess safety and efficacy without handling raw patient records. …
Tuesday's trading session featured pronounced shifts across market-cap segments. Large-cap technology and semiconductor names led declines among mega-caps, while healthcare and selected small- and mid-cap companies posted double-digit gains after earnings beats, analyst ratings and early-stage trial news. Rambus fell sharply on an analyst downgrade…
