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
GlaxoSmithKline asked the U.S. Food and Drug Administration to withdraw its application for leucovorin calcium, a drug that received attention as a potential autism treatment. The request follows the company's earlier submission at the request of health officials and comes after FDA approval last month. GSK said it does not market the product; gene…
S&P Global Ratings upgraded its view of CoreWeave Inc. by revising the company outlook to positive from stable while affirming a B+ issuer credit rating. The agency also assigned a B rating to the GPU infrastructure firm's proposed $1.25 billion senior unsecured notes due 2031 and to its existing senior notes, with a recovery rating of 5 (indic…
Anthony Armstrong, who took on the role of chief financial officer at xAI in October, has left the company as part of a wider set of senior departures, according to a report citing two people familiar with the matter. Armstrong, a former Morgan Stanley banker who advised Elon Musk during the acquisition of the social media platform X, reported to B…
Moody's elevated IAMGOLD Corporation's corporate family rating to B1 from B2, citing roughly $515 million of net debt reduction in 2025, full repayment of a $400 million second-lien term loan, and the successful ramp-up of the 70%-owned Cote Gold mine to commercial production. The move accompanies upgrades to probability of default and senior unsec…
Sazerac, the privately held U.S. spirits company, has signaled interest in a possible transaction for Brown-Forman, the maker of Jack Daniel's, according to a source familiar with the matter. The potential approach adds a competitor to ongoing merger discussions between Brown-Forman and France’s Pernod Ricard and has driven a sharp rise in Brown-Fo…
Glencore Plc. and Mercuria Energy Trading SA have each increased the annual volumes they will purchase from the Commonwealth LNG export terminal under 20-year contracts. The moves follow the termination of a separate 1 million-ton agreement with Jera Co., and reshape the terminal's committed offtake profile ahead of development in Louisiana.
Google has made Device Bound Session Credentials (DBSC) available to Windows users running Chrome 146, a measure designed to stop session theft by tying authentication sessions to a device's hardware-backed security. macOS support is planned for a forthcoming Chrome release. DBSC leverages platform-secured keys so session cookies cannot be used aft…
Texas Pacific Land Corporation shares fell sharply after the company reported the death of Murray Stahl, a senior executive at Horizon Kinetics, the firm that is Texas Pacific Land’s largest shareholder through subsidiaries. Related stocks, including LandBridge and Horizon Kinetics, also moved lower amid investor concerns about ownership and leader…
Disruptions to crude and fuel flows from the Iran conflict have tightened global product markets, lifting U.S. Gulf Coast refining margins to multi-year highs. U.S. refiners, positioned with direct access to export terminals and less reliance on Middle Eastern crude, are shipping record volumes abroad and reaping higher prices for diesel and jet fu…
Stocks across the market spectrum experienced sizable intraday swings on Thursday as company-specific announcements and corporate developments moved investor sentiment. Mega-cap names including Amazon, Lam Research and Intel posted notable gains, while Oracle and Palantir were among the largest decliners in the largest market-cap cohort. In the mid…
Traders face a heavy U.S. economic calendar on Friday, April 10, 2026, with headline and core Consumer Price Index data scheduled at 7:30 AM ET. Additional releases including the University of Michigan consumer sentiment survey, factory orders and a broad set of Baker Hughes and CFTC reports will round out the day, offering fresh data points on inf…
Earnings season presses on into Friday’s trading session, with Sodexo and The Children’s Place among the companies scheduled to report. Sodexo is set to announce before the market opens, while The Children’s Place will report after the close with analysts expecting an EPS loss and near-$396 million in revenue. Investors should monitor results acros…
A federal judge in Kansas City ruled that Berkshire Hathaway Energy must face a proposed antitrust class action alleging a scheme to raise commissions paid by home sellers, despite a $250 million settlement by HomeServices of America in 2024. The court declined to accept the argument that dealings between the entities created a single enterprise th…
Multiple sizable trades and concentrated wagers on prediction markets occurred shortly before several high-profile policy announcements attributed to U.S. President Donald Trump. These transactions - spanning crude oil futures, exchange-traded fund options and event-focused prediction contracts - preceded dramatic market moves, prompting scrutiny o…
Paramount Skydance has completed syndication of its bridge loan and secured permanent financing commitments from a group of banks to support its agreed acquisition of Warner Bros Discovery. The company reduced its committed bridge facility to $49 billion, arranged $5 billion in term loan As and a $5 billion revolving credit facility, and removed a …
Tesla is considering a smaller, lower-cost electric vehicle aimed at bolstering demand and factory utilization, particularly in markets such as China. Investors welcome the potential volume gains but warn the move could further compress already strained automotive margins as pricing competition and policy shifts weigh on sales.
Jefferies data show the Aya Demand Index for travel registered nurses fell 2.3% week-over-week after a prior 2.8% rise, while Aya Healthcare job postings increased 3.9% to 32,599 roles. The JEF Bill Rate Index ticked up 0.1% to about $2,210 per week and projects modest quarterly bill-rate increases for early 2026. Jefferies highlights an 11% cumula…
UBS has highlighted four U.S. oil and gas producers it views as well placed to generate value from ongoing consolidation in the industry. Permian Resources ranks first on the list, followed by Diamondback Energy, Chord Energy, and California Resources. The firms cited reported mixed fourth-quarter 2025 results and received varying analyst reactions…
McKinsey & Co. has agreed to contribute $125 million to the bankruptcy settlement of Purdue Pharma to resolve possible legal claims related to its guidance on increasing sales of OxyContin, according to a court filing. The payment supplements prior settlements and will be directed toward creditors and opioid-affected individuals and jurisdictions a…
StubHub Holdings Inc. agreed to pay $10 million to resolve a Federal Trade Commission complaint that the ticketing platform did not disclose mandatory fees and charges until the final checkout screen. The FTC, which has enforced rules since 2025 requiring ticketing companies to show an all-in price including fees, filed the complaint and a proposed…
Annovis Bio Inc. shares declined 26.5% Thursday following the announcement of an underwritten equity offering that pairs 5,263,156 common shares with warrants to buy an equal number of shares. The common stock was priced at $1.90 per share and each accompanying warrant carries a $2.50 exercise price, exercisable after six months and expiring five y…
Invivyd Inc. saw its stock climb 24.8% after the company reported a pre-specified sample size re-estimation in its Phase 3 DECLARATION trial for VYD2311, prompting an upsizing that could support the high end of anticipated efficacy despite the study being roughly half complete. The firm also disclosed FDA alignment on an initial pediatric study pla…
On April 9, Airbus said it delivered 60 aircraft in March, taking first-quarter deliveries to 114 jets, a 16% decline from the same period a year earlier. The monthly deliveries included aircraft sent to Emirates, Etihad Airways and Saudi Arabia’s Fly A Deal. Company executives cited continued supply-chain issues - notably fuselage panel bottleneck…
Jefferies forecasts a robust quarter for Navin Fluorine International, driven by Project Nectar expansion and firm R32 refrigerant demand, predicting double-digit revenue and outsized EBITDA growth. By contrast, PI Industries is expected to report declines in both revenue and EBITDA, weighed down by falling CSM exports and a strong comparative base…
Wells Fargo has cut its 2026 global GDP projection to 2.7%, pointing to sustained geopolitical uncertainty in the Middle East and an unstable ceasefire. The bank says growth risks are skewed to the downside while inflationary pressure could be higher than its 4.4% CPI forecast for 2026, driven by possible oil and broader commodity supply disruption…
