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.
7,744 total articles
ANZ Group Holdings Ltd shares surged to a record A$40.140 after the bank reported a stronger first-quarter cash profit, driven by higher operating income and a marked reduction in expenses as management advances a major productivity program and staffing reduction. The move lifted the ASX 200, and the lender may benefit from recent Australian intere…
U.S. equity futures were largely unchanged Wednesday evening after a subdued regular session, as investors absorbed a stronger-than-anticipated jobs report that trimmed expectations for imminent Federal Reserve rate reductions. Major index futures moved in a narrow band while the S&P 500, Dow and Nasdaq all finished the day near flat. Market at…
Spring Valley Acquisition Corp. IV completed its initial public offering on February 11, 2026, bringing in $230 million before fees and expenses by selling 23 million units at $10 apiece, including 3 million units from the underwriters' full overallotment exercise. Units began trading on the Nasdaq Global Market on February 10, 2026 under the symbo…
A U.S. federal judge ruled that allegations claiming Bank of America turned a blind eye to Jeffrey Epstein’s sex trafficking are sufficient to allow two civil claims to move forward, while dismissing additional counts against the bank and all claims against Bank of New York Mellon. A trial is scheduled for May 11.
ARKO Petroleum Corp., a subsidiary of ARKO Corp., has priced its initial public offering at $18.00 per share for 11,111,111 shares of Class A common stock and has given underwriters a 30-day option to buy up to 1,666,666 additional shares at the same price. The company's Class A shares have been approved to list on the NASDAQ Capital Market under t…
Pentagon technology leaders are pushing major generative AI firms to make their models accessible on classified government networks with fewer vendor-imposed limits. Discussions with companies including OpenAI and Anthropic aim to expand AI use beyond unclassified administrative systems into mission-sensitive environments, but companies and officia…
ASX Ltd said it now expects fiscal 2026 expenses to rise 20%-23%, up from prior guidance of 14%-19%, as costs linked to system outages, regulatory scrutiny and a corporate watchdog probe mount. The exchange posted a modest rise in first-half underlying profit but announced the planned departure of CEO Helen Lofthouse and a reduced interim dividend.
Boeing said it has cut the hours spent fixing supply-chain problems by 40% compared with 2024 and that defects at Spirit AeroSystems have declined by 60% since stepped-up inspections in 2024. The comments were made at a Pacific Northwest Aerospace Alliance supplier conference outside Seattle, where Boeing’s senior vice president for global supply c…
A new U.S. Small Business Administration notice narrows eligibility for SBA-guaranteed loans so that applicants must be fully owned by U.S. citizens or U.S. nationals residing in the United States, and explicitly disqualifies Legal Permanent Residents from holding any ownership interest in borrower applicants beginning March 1. The change rescinds …
XFLH Capital Corporation, a special purpose acquisition company incorporated in the Cayman Islands, sold 10 million units at $10 apiece in an initial public offering that raised $100 million. The units are slated to start trading on the New York Stock Exchange on February 12, 2026 under the symbol XFLHU, with ordinary shares and rights to trade sep…
Spirit Aviation Holdings has asked a U.S. bankruptcy court in New York to approve bidding procedures for an auction and potential sale of 20 Airbus A320/A321 aircraft. The company says the sale is a necessary step in resizing its fleet to align with a redesigned commercial and network plan and that proceeds will be applied to debt tied to the jets.…
AbbVie has taken the U.S. Department of Health and Human Services and the Centers for Medicare & Medicaid Services to federal court in Washington, D.C., seeking to overturn newly applied price controls for Botox. The company contends Botox qualifies as a plasma-derived product excluded from price controls under the Inflation Reduction Act of 2022 a…
Banco do Brasil reported better-than-expected fourth-quarter results and issued guidance that its adjusted net profit could rise to between 22 billion and 26 billion reais in 2026, signalling a potential rebound after a 45% decline in 2025. Management highlighted ongoing focus on risk mitigation and profitability while setting targets for credit gr…
Insurance Australia Group reported a 21% decline in first-half cash earnings to A$507 million but beat consensus forecasts. The insurer cited stronger gross written premiums and announced a A$200 million share buyback while maintaining its interim dividend and adjusting full-year premium growth guidance to the high-single digits.
Grab Holdings projected fiscal 2026 revenue below Wall Street estimates and reported a fourth-quarter revenue shortfall, pointing to softer demand in its ride-hailing and delivery segments as consumers tighten spending. The company unveiled a $500 million share repurchase program and agreed to acquire U.S. digital financial services firm Stash Fina…
HCM IV Acquisition Corp completed an initial public offering of 25 million units at $10.00 each, raising $250 million. The units are set to start trading on the Nasdaq Global Market on February 12, 2026 under the symbol HACQU. Each unit contains one Class A ordinary share and one-quarter of a redeemable warrant, with full warrants exercisable to bu…
HCM IV Acquisition Corp completed a $250 million initial public offering by selling 25 million units at $10 each. Units are slated to start trading on Nasdaq under the symbol HACQU on February 12, 2026. Each unit contains one Class A ordinary share and one-quarter of a redeemable warrant; full warrants can be exercised to buy one Class A share at $…
MercadoLibre said it will begin offering products from Brazilian food retailer Assai on its e-commerce marketplace in March. The Uruguay-based company will not only list Assai’s items but also handle storage and delivery through its full commerce service. The agreement covers nonperishable food items and categories such as hygiene and perfumery, an…
Peabody Energy (NYSE:BTU) shares rose about 7% in after-hours trading following President Donald Trump's remarks at a 'Champion of Coal' event in the East Room, where he reiterated support for coal, predicted a 25-30% rise in coal power generation this year, and cited steps to preserve coal plants and expand exports.
Motorola Solutions told investors it expects full-year revenue and adjusted earnings per share to exceed Wall Street forecasts, leaning on demand from public safety agencies upgrading radio networks and expanding video and command-center software. The Chicago-based firm's shares rose in extended trading after it reported quarterly results that outp…
Brazil's agriculture ministry is exploring the option of assigning individual export quotas to domestic beef exporters targeting China, officials said. The move aims to manage shipments following China's announcement of safeguard measures that impose additional tariffs on imports above set quotas. Key uncertainties include how volumes already in tr…
Officials familiar with negotiations say the United States and China are likely to prolong the informal trade truce reached last October when Presidents Donald Trump and Xi Jinping meet in Beijing in early April. The agreement would maintain the rollback of tariffs and export controls that had intensified through 2025, while centering talks on near…
Equinix raised its fiscal 2026 revenue forecast above market expectations, attributing the stronger outlook to demand tied to generative AI and expanded capacity investments. The company also projected first-quarter sales above estimates, reported a fourth-quarter revenue shortfall versus forecasts, and said a leasing transaction timing issue had m…
Morgan Stanley's Compensation, Management Development and Succession Committee has approved a $45 million total compensation package for CEO Ted Pick for 2025, up from $34 million in 2024. The Board highlighted Pick's performance during his second year as CEO and first year as Chairman as the rationale. The bank reported record revenues, profits, a…
U.S. equities finished lower on Wednesday, with losses concentrated in the Financials, Consumer Services and Technology sectors. The Dow Jones Industrial Average ended down 0.13%, while the S&P 500 slipped 0.01% and the Nasdaq Composite dropped 0.16%. Market breadth was mixed across the two major exchanges as some individual names posted sizable ga…
