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.
7,980 total articles
Wells Fargo projects hyperscaler compute capacity will expand from about 49GW at the end of 2025 to 98GW by 2027, driven by AI demand that continues to outpace available capacity. Alphabet, Amazon and Microsoft account for roughly 80% of current capacity and are expected to remain the largest operators. The firm also forecasts substantial increases…
Exxon has filed a legal action seeking compensation for oil and gas interests that were confiscated in Cuba in 1960. The claim, brought against Cuban entities, invokes the Helms-Burton Act, a U.S. statute that permits American companies to sue foreign parties that profit from properties nationalized by the Cuban government following the 1959 revolu…
IBM shares fell about 10% intraday after Anthropic introduced Claude Code, an AI product aimed at streamlining COBOL modernization. Accenture and Cognizant also declined as the tool automates tasks that historically underpinned revenue for legacy-system consulting practices. Anthropic says the tool and an accompanying Code Modernization Playbook ca…
Monday's trading session produced pronounced moves across market-cap tiers, with notable declines among large-cap financial and technology stocks and sharp rallies in selected biotech and mid-cap names. Eli Lilly and Arcellx were among the biggest gainers, while MongoDB, Datadog and multiple mega-cap banks and card issuers posted sizable drops.
Markets head into Tuesday, February 24, 2026, with a dense slate of U.S. economic releases and Federal Reserve commentary. The Conference Board Consumer Confidence report is the standout item, while a broad set of housing indices, weekly employment data, wholesale trade figures, monetary policy speeches and a Treasury auction will together provide …
Morgan Stanley ranks leading tobacco companies based on execution in smoke-free alternatives while noting continued reliance on combustibles. Philip Morris International is highlighted for its multi-category strategy and established smoke-free revenue stream, while Altria is noted for U.S.-focused product launches and shifting industry volumes towa…
C.H. Robinson's CEO characterized a recent, sharp selloff in the company's shares as a short-term reaction, saying the firm's scale and proprietary data make it hard for new AI-enabled freight platforms to displace established brokers. He predicts industry consolidation as smaller competitors struggle to match the data depth and domain expertise re…
European Central Bank President Christine Lagarde told a conference in Washington that eurozone inflation and the bank's interest rate policy are in a "good place," repeating her long-standing guidance that indicates no policy change is being contemplated. She emphasized the need for constant reassessment and agility to determine whether interventi…
C.H. Robinson's shares fell sharply on February 12 amid a broader pullback in transportation and logistics stocks after claims from an AI vendor about dramatic freight volume scaling. CEO Dave Bozeman described the decline as a short-term market response, arguing the company's scale and proprietary data create barriers that make rapid displacement …
iPower Inc. (NASDAQ:IPW) saw its stock slide 28.9% on Monday after announcing a proposed strategic expansion into distribution of crypto infrastructure hardware. The company signed a non-binding Memorandum of Understanding with Nanopulse Technology Ltd. to explore commercialization of specialized hardware using iPower’s U.S.-based logistics and e-c…
Anthropic reported that three Chinese companies - DeepSeek, Moonshot and MiniMax - created more than 16 million interactions with the Claude chatbot using about 24,000 fake accounts to improperly obtain capabilities for their own AI models. The firm says the groups relied on a technique called distillation and that the activity violated its terms o…
Abits Group Inc. saw its stock tumble after revealing a registered direct offering expected to raise roughly $2.1 million through the sale of ordinary shares and pre-funded warrants to institutional investors. The offering - priced at $2.65 per ordinary share, with pre-funded warrants at $2.64999 - is slated to close on or about February 24, 2026, …
Adial Pharmaceuticals saw its stock rise after new FDA policy commentary suggested the agency may accept one adequate and well-controlled clinical investigation with confirmatory evidence in place of two independent pivotal trials when scientifically appropriate. The shift, described in a New England Journal of Medicine commentary, could reduce Pha…
Shares of Pure Storage fell sharply after the company unveiled a corporate name change to Everpure and announced a definitive agreement to acquire 1touch, a provider of data intelligence and orchestration tools. The rebrand is intended to reflect a move beyond traditional storage into broader data management capabilities. The transaction is expecte…
Genprex Inc. saw a sharp jump in its stock price after receiving patent grants from the Japanese Patent Office and the European Patent Office protecting combinations of its REQORSA gene therapy with immune checkpoint inhibitors. The Japanese patent covers REQORSA with PD-L1 antibodies, while the European patent covers REQORSA with PD-1 antibodies. …
Shares of Texas Pacific Land (NYSE: TPL) rose about 3% on Monday after KeyBanc increased its price target to $639. The brokerage cited a notable uptick in client inquiries in 2026, renewed investor focus on the company’s water business, and revised earnings estimates for 2026 and 2027 following a record fourth quarter for water sales.
S&P Global Ratings cut Ashland Inc.'s long-term corporate credit rating to BB from BB+ while keeping the outlook stable, attributing the move to a reassessment of the company's business risk profile and weaker credit metrics. The agency highlighted Ashland's deliberate reduction in scale over the past decade, a decline in consolidated revenue a…
Johnson & Johnson announced that the European Commission has authorized a subcutaneous formulation of Rybrevant (amivantamab) for dosing every three weeks and every four weeks in patients with advanced EGFR-mutated non-small cell lung cancer. The approval extends the drug's authorized administration routes to include subcutaneous injections for the…
Citigroup is reportedly nearing an agreement to sell a 24% stake in its Mexican retail unit Grupo Financiero Banamex to a consortium of investors that includes Blackstone, according to people familiar with the matter. The potential transaction follows a 25% stake sale last year to a company controlled by Fernando Chico Pardo and his family. Citi de…
Starfighters Space Inc. saw its stock decline 14.4% following the resignation of founder Rick Svetkoff from his roles as Chief Executive Officer, President, Chairman and Director. The company also announced the resignation of Brenda Svetkoff as company secretary and the appointment of Tim Franta as CEO. Franta has led development of the STARLAUNCH …
The U.S. Food and Drug Administration released draft guidance outlining a regulatory pathway for individualized therapies that directly target known genetic, cellular or molecular causes of disease. The guidance, produced jointly by the Center for Biologics Evaluation and Research and the Center for Drug Evaluation and Research, focuses on genome e…
U.S. President Donald Trump announced a new 15% global tariff after the Supreme Court struck down his broader levies last week. The move has immediate market effects - domestic lumber-related stocks dropped on Monday amid fears of cheaper imports, while analysts see potential benefits for certain retailers, emerging market assets and select consume…
Raymond James cut Vertical Aerospace's rating from Market Perform to Underperform, highlighting doubts about the company's ability to secure financing at a critical development stage. The broker flagged a constrained liquidity runway—excluding roughly $92 million available under an at-the-market program, cash is projected to last only through mid-J…
AbbVie said it will commit $380 million to construct two active pharmaceutical ingredient (API) manufacturing facilities at its Illinois campus. The project, aimed at increasing domestic production for neuroscience and obesity medicines, forms part of the company’s wider effort to scale U.S. manufacturing amid recently introduced tariffs on pharmac…
Shares of major online travel companies fell sharply Monday amid a research report that sketched a scenario in which rapidly advancing artificial intelligence could upend conventional booking models. Airbnb dropped 6%, Booking Holdings slid 7% and Expedia fell 8% as investors reacted to projections that AI agents may be able to assemble full travel…
