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.
14,591 total articles
Russia's main equity gauge finished higher on Thursday, driven by advances in Power, Oil & Gas and Manufacturing shares. The MOEX Russia Index closed up 0.48%, with Rosneft, the Moscow Exchange and Surgutneftegas among the session's strongest performers. A handful of industrial and transport names, including Magnitogorsk Iron & Steel and Ae…
Raymond James increased its price target on Southwest Airlines to $55 from $45 and maintained an Outperform rating, pointing to an attractive asymmetric risk/reward and widespread investor skepticism. The firm pushed back on critiques that Southwest's second-quarter 2026 revenue outlook undermines the sustainability of its relative margin recovery …
AbbVie said the U.S. Food and Drug Administration declined to approve its experimental botulinum toxin treatment, trenibotulinumtoxinE, requesting additional manufacturing information while not raising safety or efficacy issues. The treatment, studied in more than 2,100 patients and shown to act quickly with a brief duration, faces a regulatory fol…
Nike will eliminate roughly 1,400 positions worldwide, with the majority concentrated in its technology organization, as part of a broader 'Win Now' restructuring. The move also includes changes to manufacturing and supply-chain roles and follows earlier staff reductions in January totaling 775 positions.
Elon Musk said Tesla will use Intel’s next-generation 14A manufacturing process at its planned Terafab complex, beginning with a research fab at the Giga Texas campus. The initiative is intended to prototype ideas and support Tesla, SpaceX and xAI chip needs, but major questions remain about scale, funding, timelines and who will operate full-scale…
Speaking from the Oval Office, President Trump said he would not use a nuclear weapon against Iran, asserting that U.S. forces had already 'decimated them without it.' He reiterated that nuclear arms should never be used and said any rearmament during a recent two-week cease-fire could be neutralized by the U.S. in about one day.
Stocks with significant after-hours moves spanned semiconductors, mining, software, industrial services and medical devices. Intel surged after a better-than-expected quarter and raised guidance, lifting peers such as AMD and Arm. MaxLinear also jumped after raising its Q2 revenue outlook well above consensus. Newmont advanced after strong results …
U.S. stocks closed lower on Thursday as declines in Technology, Basic Materials and Financials weighed on the market. The Dow fell 0.37%, the S&P 500 lost 0.41% and the NASDAQ Composite slid 0.89%. A handful of big movers produced outsized gains and losses across large-cap and small-cap lists, while breadth favored decliners on both exchanges.
Canadian equities closed modestly lower on Thursday with the S&P/TSX Composite finishing down 0.12%. Losses in the Healthcare, Information Technology and Materials sectors weighed on the market. Waste Connections, Mullen Group and Canadian Pacific Kansas City were among the top advancers, while Curaleaf, Discovery Silver and Shopify registered the …
Brazil's Bovespa closed down 0.78% on Thursday as losses concentrated in Real Estate, Consumption and Financials pushed the index lower. Market breadth was negative, implied volatility retreated, and commodity and currency moves were mixed with crude oil and coffee higher while gold softened. Several individual stocks posted notable gains and decli…
Elon Musk conveyed a more restrained outlook for Tesla’s robotaxi ambitions during the company’s first-quarter earnings call, saying the rollout is progressing slower than previously projected and that safety-driven validation will constrain expansion this year. Production of the Cybercab has begun but will be slow initially, with broader material …
On April 23, Newmont reported first-quarter results that exceeded analysts' expectations as substantially higher gold prices offset a drop in production. The company posted adjusted earnings of $2.90 per share for the quarter ended March 31, beating the LSEG consensus of $2.18, while realized gold prices averaged $4,900 per ounce compared with $2,9…
Intel said it now expects second-quarter revenue between $13.8 billion and $14.8 billion, a range that sits comfortably above the consensus estimate of $13.07 billion. The stronger outlook reflects robust demand for the company's server processors used in artificial-intelligence data centers. Intel also reported first-quarter revenue and data-cente…
Ecopetrol has struck a deal to purchase about a 26% stake in Brazilian energy firm Brava and plans a public tender offer on Brazil's B3 exchange to build a controlling position. The proposed offer would value Brava shares at 23 reais each, a 27.8% premium to the company’s 90-day volume-weighted average price. The transaction requires sign-off from …
The PGA Tour has reduced its workforce by 4% as part of an organisational restructuring connected to its transition to a for-profit model. The organisation confirmed that 56 full-time U.S.-based employees were laid off and 73 open positions will remain unfilled. The changes were communicated to affected staff by senior team leaders and explained to…
Citigroup is launching a new division inside its investment banking arm aimed at deepening work with financial sponsors and other large private capital clients. The Financial and Strategic Investors group will succeed the bank's Global Asset Management unit and serve three client segments: financial sponsors, sovereign wealth funds and family offic…
Shares of Skillz Inc. jumped sharply after a federal jury in Manhattan found Papaya Gaming Ltd. liable for false advertising and ordered $420 million in damages. The jury also determined Skillz is entitled to $652 million in disgorgement, with a judge scheduled to issue a decision on that figure in early June. The ruling followed a week-long trial …
FuboTV said it is building a user-configurable Multiview experience for select LG smart TVs, aiming to bring the feature to LG devices in time for the 2026 football season. The feature supports up to four simultaneous live channels, is customizable across all Fubo channels, and already exists on Apple TV and some Roku units.
Electrolux announced a 9 billion Swedish crown rights issue and a strategic joint-venture agreement with China's Midea Group to reorganize its North American operations. The deal will create three JVs to handle food preservation products and factory operations in Mexico and South Carolina. Electrolux said the partnership will drive significant one-…
Stocks across market-cap tiers experienced notable volatility on Thursday. Semiconductor and industrial names posted some of the strongest gains, while a number of service, software and specialty-equipment companies declined sharply. The session was punctuated by company-specific catalysts such as guidance and earnings beats, share-buyback authoriz…
Traders will close out the week with a sequence of scheduled data releases on Friday, April 24, 2026, that include the University of Michigan’s final consumer sentiment and expectations measures, Baker Hughes’ weekly U.S. and total rig counts, and the Commodity Futures Trading Commission’s weekly Commitments of Traders reports across a broad set of…
A varied roster of companies across multiple sectors is slated to release quarterly results on Friday, April 24, 2026. Major names reporting before the market open include Procter & Gamble, HCA Holdings, Schlumberger and ENI SpA, while Hilltop Holdings is scheduled to report after the close. The list spans consumer goods, healthcare, oilfield servi…
Blackstone Inc.'s secondaries platform, Strategic Partners, reported $100 billion of assets under management in the first quarter, driven in part by renewed fundraising for its flagship secondaries fund and a broadened market for secondhand private fund stakes. Executives highlighted new inflows, a strong realized return on a recent vintage fund an…
Brazil’s antitrust authority CADE has voted to return an inquiry into Alphabet’s Google to its general superintendence for formal administrative proceedings, saying the company’s handling of journalistic content has evolved since the probe began in 2019. The decision follows an interim chief’s recommendation that new developments - including genera…
Brazil’s antitrust authority CADE has approved a recommendation to expand its inquiry into Alphabet’s Google over how the company uses journalistic material. The move sends the matter back to CADE’s general superintendence for formal administrative proceedings, with officials citing changes in Google’s practices since the probe began in 2019 and co…
