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.
7,797 total articles
PayPay, the SoftBank Group-backed mobile payments operator, has filed to offer roughly 55 million American depositary shares in a U.S. initial public offering, targeting a valuation of as much as $13.4 billion. The filing sets an indicative price range of $17.00 to $20.00 per ADS and indicates SoftBank-related entities would retain a roughly 91.8% …
Most Asian equity markets moved lower on Tuesday as renewed hostilities involving the U.S., Israel, and Iran kept investors on edge. South Korea’s market registered the steepest loss, with major tech and auto names dropping sharply after a long holiday. Energy shares advanced across the region amid rising oil prices, while China and Hong Kong showe…
MiniMax Group Inc reported a 158.9% increase in revenue for 2025 to $79.0 million as sales of AI-native products and enterprise AI services accelerated. The stock climbed as much as 21% in Hong Kong after the results, even as the company posted a net loss of $1.87 billion driven primarily by fair value losses on financial liabilities related to pre…
Blackstone Inc.'s flagship private credit fund recorded $1.7 billion in net outflows in the first quarter after investors requested larger-than-usual withdrawals. The fund paid $3.7 billion in redemptions against $2 billion of new commitments, with the activity occurring amid heightened investor scrutiny of the private credit sector following recen…
On March 2, OpenAI CEO Sam Altman said the company is negotiating amendments with the U.S. Department of Defense to clarify principles governing the use of OpenAI services. The changes include an affirmation that the Pentagon will not permit OpenAI services to be used by Department of War intelligence agencies - for example, the NSA - without a sep…
U.S. stock index futures fell in evening trade after renewed strikes between the U.S., Israel and Iran triggered a volatile session on Wall Street. Equity benchmarks initially plunged then recovered to close mixed, while technology stocks saw selective rebounds. Rising oil prices and higher-than-expected inflation readings amplified fears of a prol…
Shareholders have launched a proposed class action against Apollo Global Management and its co-founders, alleging the firm and senior executives misled investors for nearly five years by denying business dealings with Jeffrey Epstein. The complaint, filed in Manhattan federal court, claims regulatory statements in 2021 and 2022 were false and that …
Rio Tinto will progress a research and development program to extract primary gallium from its alumina refining operations in Quebec after receiving conditional non-repayable funding of up to C$18.95 million from the Government of Canada. The federal contribution, approved under Natural Resources Canada’s Global Partnerships Initiative, supplements…
Fitch downgraded Paramount Skydance Corp and Paramount Global to non-investment grade and placed ratings on Rating Watch Negative, pointing to media-sector competitive pressure, transformation-related cashflow strains and uncertainty over the debt-funded acquisition of Warner Bros. The agency warned of further downgrades while Moody’s and S&P Globa…
Following U.S. strikes on Iran, the U.S. dollar strengthened sharply, reestablishing itself as a primary safe-haven currency as investors moved into U.S. Treasuries. Market participants note the dollar's return to a crisis-era role after months of doubt, while some strategists caution that the currency's resilience may vary depending on the origin …
Shares of Nvidia and Advanced Micro Devices slipped in after-hours trading after a report said U.S. officials are weighing limits on shipments of advanced AI accelerators to Chinese companies. The proposed measures would set per-customer ceilings for Nvidia's H200 chips and count shipments of AMD's MI325 chips toward those caps, while an earlier re…
ClearThink 1 Acquisition Corp. completed an initial public offering that sold 12.5 million units at $10 per unit, with the units beginning trading on the Nasdaq Global Market under CTAAU. The company later closed a partial exercise of its over-allotment option for 15,000 additional units, bringing gross proceeds to about $125 million. ClearThink 1 …
After-hours trading featured notable volatility as several companies reported quarterly results and provided forward guidance. MongoDB shares plunged after management set FY2027 revenue guidance slightly below consensus, while Credo fell despite beating estimates. Ouster posted a revenue surprise that lifted its stock, SoFi rose after an insider pu…
U.S. equity markets closed mixed on Monday as gains in Oil & Gas, Technology and Industrials were offset by declines in Consumer Goods, Healthcare and Consumer Services. The Dow Jones Industrial Average fell 0.15%, the S&P 500 inched up 0.04% and the Nasdaq Composite added 0.36%. Notable movers ranged from large-cap tech and energy names to highly …
Mexico's benchmark S&P/BMV IPC closed down 1.09% on Monday, dragged lower by losses in Industrials, Consumer Goods & Services and Consumer Staples. Advancers narrowly outnumbered decliners while commodities and currency moves showed notable gains for gold and crude oil and a firmer US dollar against the peso.
The S&P/TSX Composite closed higher on Monday, rising 0.59% to reach a new all-time high. Strength in the Energy, Industrials and Telecoms sectors drove the gain, while market breadth was negative with more decliners than advancers. Key miners and energy names posted some of the strongest percentage gains, even as a handful of airlines and miners f…
The COLCAP index closed down 3.37%, marking a one-month low as losses in the Financials, Investment and Public Services sectors weighed on the market. While the broad index fell, select companies including Bolsa De Valores De Colombia and Mineros SA posted sizeable gains. Commodity futures and FX moves accompanied the session.
Russia's MOEX Russia Index closed higher on Monday, gaining 1.31% to reach a three-month high as energy and mining shares led the advance. Major movers included large rises in TATNEFT and Rosneft, while a regional bank and several utilities registered declines. Commodity prices and currency moves accompanied the equity gains.
Illumination Acquisition Corp I completed a $230 million initial public offering selling 23 million units at $10 each, including the full 3 million-unit over-allotment. Units began trading on the NASDAQ Global Market under the ticker ILLUU; the company also closed a concurrent private placement of 625,000 units for $6.25 million. Proceeds from the …
A weekend of cross-border strikes in the Gulf that struck Dubai’s transport and hospitality infrastructure has shaken the city’s long-held reputation as a refuge for international business and wealthy migrants. Authorities say the situation is under control, but market closures, tech outages and disruptions to travel and logistics are already forci…
Brazil's Bovespa closed marginally higher, supported by advances in the Financials, Telecoms and Public Utilities sectors. Benchmark performance was led by Prio SA and Petroleo Brasileiro shares, while petrochemical and travel-related stocks underperformed. Volatility and commodity prices moved higher alongside shifts in FX rates.
A pullback in Indian equities tied to the U.S.-Israel war with Iran could open an entry point for investors if disruptions prove limited and crude prices calm. The country’s sizable economic links to the Middle East - including fuel supplies and remittances - make markets sensitive to a sustained spike in oil and gas prices.
While overall U.S. payroll growth cooled in 2025, restaurants - particularly sit-down establishments and snack and beverage outlets - emerged as an employment bright spot. The sector added jobs through a mix of promotional activity, digital innovation and menu pricing, though gains were uneven across sub-sectors and some chains saw headcount slip.
JPMorgan Chase CEO Jamie Dimon told Bloomberg TV that artificial intelligence has the potential to reduce the standard work week to four days, urged government-led retraining to prepare workers for AI-driven change, and commented on a range of issues including employee uptake of AI, stablecoin regulation, and potential inflationary effects from the…
Exelixis Inc. stock declined sharply after Merck reported that its oral combination of belzutifan and lenvatinib produced a statistically significant progression-free survival benefit versus Exelixis' Cabometyx in a late-stage renal cell carcinoma trial. Analysts say the data could pressure Exelixis' second-line market share and have adjusted near-…
