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.
7,425 total articles
Crypto firms based in the United Arab Emirates report minimal operational disruption despite strikes linked to the U.S.-Israeli campaign against Iran entering its third week. Cloud-based operations, distributed trading venues and hybrid work arrangements have allowed many companies to maintain activity even as local travel, events and some offices …
Activist hedge fund Altai Capital Management has urged OraSure Technologies to pursue a sale, arguing the medical diagnostics maker is worth substantially more than its current market price. Altai, which holds about 5% of the company, has requested two board seats to oversee a strategic review and warned it will press a proxy contest if no agreemen…
A federal jury in San Francisco has begun deliberations after closing arguments in a lawsuit by former Twitter shareholders who say Elon Musk’s public statements in 2022 drove down the company’s share price by casting doubt on its disclosure about fake and spam accounts. Plaintiffs contend three statements by Musk were fraudulent and sought to rene…
BHP Group Ltd has appointed Brandon Craig as its next chief executive officer. Craig, who has spent over 25 years at the miner and currently leads BHP Americas, will succeed Mike Henry on July 1. Henry is leaving after more than six years during which iron ore and copper output rose and the company's oil and gas assets were sold to Woodside.
Nvidia is preparing a version of Groq-designed artificial intelligence chips that it can market in China, according to people familiar with the situation. Separately, the company has restarted production of its H200 chips for China after receiving U.S. export clearance and securing purchase orders in that market. Nvidia acquired Groq in a $17 billi…
The Federal Trade Commission is actively watching for anticompetitive behavior in the pharmaceutical sector as a wave of blockbuster drugs approaches patent expiry, the agency's head of antitrust enforcement said. Dan Guarnera, director of the FTC's bureau of competition, told attendees at a Pharma USA conference in Philadelphia that the agency wan…
Amazon plans to cut its U.S. Postal Service volume by at least two-thirds by this fall as its delivery contract with the agency approaches expiration in October. The move follows a confidential competitive bidding process for last-mile services and comes amid large Postal Service investments in facilities and automation. Results of the bidding are …
Mexico's main stock index, the S&P/BMV IPC, climbed 0.83% at Tuesday's close as strength in Industrials, Consumer Goods & Services and Consumer Staples pushed equities higher. Leading individual winners included Controladora Vuela, Alsea and Genomma Lab, while Industrias Peñoles, GCC and Coca-Cola Femsa were among the largest laggards. Broader mark…
Colombia's benchmark COLCAP closed modestly lower on Tuesday, led by declines in the Financials, Investment and Public Services sectors. Market breadth favored decliners and select stocks in energy and banking posted the session's largest gains, while utilities and miners anchored the laggards. Commodity and currency readings showed modest moves.
Russian equities closed lower on Tuesday, with declines concentrated in the Mining, Oil & Gas and Power sectors. The MOEX Russia Index finished the session down 0.00%. Market breadth favored decliners, and several commodity and currency contracts showed mixed moves during the session.Notable movers included Surgutneftegas PJSC Pref, PhosAgro PJSC a…
Nvidia said it has restarted manufacturing of the H200 chip for the Chinese market after securing U.S. export licenses, and CEO Jensen Huang projected $1 trillion in orders for Blackwell and Vera Rubin chips through 2027. The announcement, made at GTC 2026, accompanies product launches, an acquisition rollout and partnerships that target large-scal…
U.S. stock benchmarks finished higher on Tuesday, led by gains in the Oil & Gas, Consumer Services and Financials sectors. The Dow Jones Industrial Average rose 0.10%, the S&P 500 climbed 0.25% and the NASDAQ Composite advanced 0.47%. Market breadth was positive on both major exchanges and the CBOE Volatility Index slipped to 22.37.
Canada's S&P/TSX Composite finished higher, gaining 0.16% as Information Technology, Energy and Clean Technology stocks pushed the market up. goeasy Ltd, ATS Corporation and NFI Group were the top performers, while G Mining Ventures, OceanaGold and NovaGold Resources weighed on the downside. Market breadth favored advancers and implied volatility r…
Brazil's benchmark stock index finished higher on Tuesday, supported by advances in the Real Estate, Basic Materials and Public Utilities sectors. While several individual stocks posted notable gains, decliners outnumbered advancers on the exchange and a headline retailer and distributor hit notable lows. Commodities and currency moves accompanied …
Shares of SoFi Technologies rose about 1% in after-hours trading after CEO Anthony Noto purchased $500,000 worth of company stock following a short seller report from Muddy Waters Research that alleged accounting and lending irregularities. Muddy Waters outlined multiple claims including an alleged $312 million of unrecorded debt and a higher true …
Lululemon projected 2026 revenue and earnings per share below Wall Street forecasts, a development that follows months of soft share performance and executive turnover. The athletic-apparel firm said annual sales would fall between $11.35 billion and $11.50 billion and set full-year profit guidance at $12.10 to $12.30 per share, both trailing conse…
Nvidia has restarted production of its H200 chip variant that meets U.S. export rules for China after pausing manufacturing last year amid regulatory challenges. CEO Jensen Huang said export licenses were granted, orders have been taken, and manufacturing began to ramp up several weeks ago. Sales to China for this variant are not included in the co…
Shares of Credo Technology Group dropped sharply despite public remarks from Nvidia's CEO emphasizing the need to expand capacity for both copper and co-packaged optical interconnects. Other copper-focused names saw milder moves, while optical interconnect equities were mixed in the same session. Broadcom’s CEO had made similar capacity comments ea…
Morgan Stanley has modelled two economic slowdown scenarios for Australia’s major banks and finds average fiscal year 2027 earnings could be trimmed by 7-11%. The firm left its base forecasts unchanged but says slower loan growth and a return of impairment charges to pre-COVID norms could materially reduce earnings and prompt valuation deratings.
Unilever Plc is reportedly in the early stages of assessing a potential separation of its food division as part of a broader effort to simplify its portfolio. The company is studying options that range from a full spin-off of its food business to keeping select headline brands and separating the remainder. No final decisions have been made and any …
Amazon CEO Andy Jassy told employees in an internal all-hands meeting that advances in artificial intelligence give Amazon Web Services the potential to hit $600 billion in annual sales, double his earlier forecast of about $300 billion over roughly 10 years. AWS reported $128.7 billion in revenue last year, and the company has deepened AI-related …
At an internal all-hands meeting, Amazon CEO Andy Jassy said artificial intelligence could drive Amazon Web Services (AWS) to $600 billion in annual sales, doubling his earlier projection of roughly $300 billion over a 10-year horizon. AWS recorded $128.7 billion in revenue for 2025, a 19% increase from 2024. Jassy did not provide details on how fu…
Freshpet Inc. (NASDAQ:FRPT) saw its share price decline by 9% after the National Advertising Division (NAD) of BBB National Programs recommended the company discontinue specific advertising claims that conveyed its dog food is "human grade." The recommendation followed a Fast-Track SWIFT challenge from competitor The Farmer's Dog alleging three vid…
Senator Mark Warner, the top Democrat on the Senate Intelligence Committee, has requested that the White House clarify whether investors in the Trump administration-brokered transaction for TikTok's U.S. operations will remit $10 billion to the U.S. Treasury. Warner cited a report that some investors have already paid $2.5 billion and that remainin…
A federal appeals panel has revived a whistleblower lawsuit asserting that four major pharmaceutical companies overcharged for medications intended for low-income and uninsured patients, causing financial harm to Medicare and Medicaid. The 9th U.S. Circuit Court of Appeals found the claims can proceed under the False Claims Act and sent the case ba…
