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.
14,440 total articles
A Cook County jury has ordered Abbott Laboratories to pay $53 million in compensatory damages to four families who accused the company of failing to warn that cow's milk-based formulas for premature infants may be associated with necrotizing enterocolitis (NEC). The verdict is part of a broader wave of litigation involving nearly 1,000 lawsuits ove…
South Korea’s central bank left its benchmark interest rate unchanged at 2.50% following a unanimous vote by its seven-member monetary policy board. Officials cited rising inflationary pressures from higher energy prices and a weaker won as constraints on policy support, while the government considers a large supplementary budget to ease fuel cost …
Asian stock markets rose modestly on Friday but momentum was limited as investors questioned whether the recent U.S.-Iran ceasefire will hold, citing Iran’s objections to Israeli strikes in Lebanon. Key indexes in the region gained, oil prices climbed, and flows through the Strait of Hormuz remained severely reduced. U.S. economic data and market r…
Fast Retailing surged to an all-time share price after raising its fiscal-year operating income forecast to 700 billion yen, citing robust momentum for Uniqlo in markets outside its Japanese and Chinese cores. The stock led gains on the Nikkei 225 as the company reported strong quarterly and half-year results and said it does not expect major produ…
SpaceX recorded a near-$5 billion loss in 2025 on more than $18.5 billion of revenue, a figure that incorporates the February acquisition of Elon Musk’s xAI, according to a report citing sources. The company has also confidentially filed for a U.S. listing and previously reported a profitable 2024 operating year.
U.S. equity futures were largely unchanged Thursday evening as investors awaited planned U.S.-Iran ceasefire discussions in Pakistan and the release of March consumer price index data. Gains on Wall Street earlier in the day, driven by hopes for de-escalation in the Middle East and strength in technology and chip names, left major indexes higher, w…
Apple announced on April 9 that it will close its Towson, Maryland retail store — the first U.S. Apple location where employees successfully unionized in 2022. The company cited the exit of multiple retailers and worsening conditions at Towson Town Center mall as primary reasons for the decision. Towson staff will be able to apply for open roles el…
Anthropic is evaluating whether to design proprietary artificial intelligence chips in response to a shortage of processors needed for advanced AI workloads. The effort is in preliminary stages and the company could still opt to continue buying chips rather than develop its own. Anthropic uses multiple types of processors for its Claude model and h…
Meta Platforms is removing Facebook and Instagram advertisements that solicited new plaintiffs for multi-district litigation alleging social media platforms were engineered to be addictive to young users. The company said it is defending itself in thousands of state and federal cases and will not permit trial lawyers to use its services to recruit …
Anthropic is weighing whether to design proprietary AI chips to alleviate supply constraints, according to three people familiar with the matter. The effort is at a preliminary stage with no committed design, dedicated team, or final decision. The company continues to rely on chips from Google and Amazon and recently signed long-term agreements wit…
Fitch Ratings downgraded the private credit fund FS KKR Capital to BB+ from BBB-, citing continued deterioration in asset quality, elevated non-accruals and software-sector exposure vulnerable to AI-driven disruption. The agency left the fund's outlook at negative and warned that business development companies are likely to face pressure on earning…
xAI has filed suit in federal court to prevent Colorado from enforcing Senate Bill 24-205, a measure that would impose disclosure and risk-mitigation duties on developers of so-called "high-risk" AI systems used in critical decision-making areas. The company contends the law is unconstitutional and would compel changes to its flagship AI, Grok, to …
Lockheed Martin has been awarded a $4.76 billion firm-fixed-price contract by the U.S. Department of War to produce PAC-3 Missile Segment Enhancement missiles. The award funds manufacturing, management, technical planning, and related services, to be carried out across 15 locations, with an estimated completion date of June 30, 2030. Funding for th…
Mexico's benchmark S&P/BMV IPC finished higher on Thursday, gaining 0.13% to reach a one-month high. Strength in the Industrials, Consumer Goods & Services and Consumer Staples sectors underpinned the advance. Market breadth skewed toward decliners, while individual stocks experienced notable swings. Commodities and currency pairs showed mixed move…
Colombian equities closed higher on Thursday, with the COLCAP index up 0.36% as gains in the Industrials, Services and Agriculture sectors pushed the market upward. Mineros SA, Grupo Aval Acciones y Valores SA Pref and Grupo de Inversiones Suramericana SA were among the session's strongest performers, while Bolsa De Valores De Colombia, Ecopetrol S…
Russian equities closed lower on Thursday, with the MOEX Russia Index down 1.17% to a one-month low. Losses were concentrated in the Mining, Oil & Gas and Power sectors. Market breadth favored decliners, the Russian Volatility Index fell sharply to a 52-week low, and key commodity and currency benchmarks showed mixed moves.
CarMax said it will add Bill Cobb and Jim Kessler to its board in connection with its 2026 annual shareholder meeting. Activist investor Starboard Value, which had disclosed a stake last month and nominated directors, withdrew its nominations after reaching the agreement with the company. Starboard had urged improvements to CarMax's digital custome…
Rocket Lab reported a new multi-launch agreement with the Institute for Q-shu Pioneers of Space, Inc. (iQPS) for three additional dedicated Electron launches from its New Zealand pad beginning in 2028. The expansion raises the total contracted Electron missions for iQPS to 15, following seven missions completed since 2023 and a flawless mission rec…
The S&P/TSX Composite closed lower on Thursday, falling 0.42% as losses in the Telecoms, Consumer Staples and Information Technology sectors weighed on the index. Select names posted outsized moves in both directions, with BlackBerry, Aecon and Bird Construction among the session's top gainers, and Telus, Shopify and Methanex among the biggest decl…
Brazil's Bovespa finished higher on Thursday, gaining 1.52% to a fresh all-time closing high. Advances were concentrated in the Public Utilities, Real Estate and Electric Power sectors, with Usinas Siderurgicas de Minas Gerais (USIM5) and Auren Energia (AURE3) among the session's top performers and reaching 52-week highs. Broader market breadth fav…
U.S. equity benchmarks finished higher on Thursday, led by strength in consumer-facing and industrial sectors. The Dow Jones Industrial Average climbed 0.58% to a one-month high, while the S&P 500 rose 0.62% and the Nasdaq Composite advanced 0.83%. Market breadth was positive on both the NYSE and Nasdaq, but several large-cap tech and security name…
U.S. Trade Representative Jamieson Greer said the current U.S. restrictions on key Chinese vehicle software and hardware will remain unchanged, effectively preventing Chinese-made cars using banned components from entering the U.S. market. The rules, adopted in January 2025 on national security grounds, have phased-in software prohibitions and late…
StubHub Holdings will pay $10 million to resolve Federal Trade Commission allegations that it failed to display the full ticket price for live events, the FTC said in a complaint and proposed settlement filed in federal court. The settlement requires the company to make total prices more prominent on its platform and provides monetary relief to eli…
The U.S. Postal Service has requested permission to increase the price of a first-class stamp from 78 cents to 82 cents effective July 12. The move, subject to approval by the Postal Regulatory Commission, is one element of broader steps the agency is taking to shore up liquidity amid persistent losses and an urgent cash shortfall.
Panamanian President Jose Raul Mulino urged a cooling of tensions with China after a spike in inspections and detentions of Panama-flagged ships that Panamanian officials linked to a legal dispute over port concessions previously held by CK Hutchison. Mulino described inspections as not uncommon in global shipping, said Panama has raised concerns w…
