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
GigCapital9 Corp. priced 22 million units at $10 apiece, raising $220 million in a special purpose acquisition company offering. Units are expected to begin trading on the Nasdaq Global Market under the ticker GIXXU on January 27, 2026, with separate trading of Class A shares and rights anticipated under GIX and GIXXR once split. D. Boral Capital L…
U.S. stocks finished higher on Monday, driven by advances in Technology, Utilities and Financials. The Dow rose 0.64%, the S&P 500 gained 0.50% and the Nasdaq Composite added 0.43%. A cohort of large-cap tech names led gains on the Dow, while a mix of heavyweights and small-cap issues produced notable intraday volatility.
Mexican equities finished higher on Monday, with the S&P/BMV IPC rising 0.72% to reach a new closing high. Gains were concentrated in Industrials, Consumer Goods & Services and Consumer Staples. Promotora y Operadora de Infraestructura led advancers, while Genomma Lab, Cemex and Becle were among the session's biggest decliners. Market internals wer…
Canadian equities finished lower on Monday with the S&P/TSX Composite down 0.16%, pressured by losses in the Healthcare, REITs and Consumer Staples sectors. Mining names led gains, sending several stocks to fresh highs, while broader market volatility ticked up and commodity prices diverged between gold and crude oil.
Ellington Financial Inc. (NYSE: EFC) saw its stock decline 2.1% in after-hours trading on Monday after revealing a public offering of 8,775,000 common shares. The company said net proceeds will be used to redeem all outstanding Series A Fixed-to-Floating Rate Cumulative Redeemable Preferred Stock, with any excess applied to general corporate purpos…
ProPetro Holding Corp (NYSE:PUMP) said it will sell 12.5 million shares of common stock in an underwritten public offering, with Goldman Sachs & Co. LLC as lead book-running manager. The company intends to use net proceeds for general corporate purposes, including funding growth capital to add power generation equipment. The announcement coincided …
The Trump administration has drafted a proposal that would increase Medicare payments to private insurers by an average of 0.09% next year while recommending the elimination of a lucrative industry billing practice. The Centers for Medicare and Medicaid Services (CMS) plans to announce the measure on Monday, and officials say the changes are intend…
Archimedes Tech SPAC Partners III Co. completed its initial public offering that raised $276 million by selling 27.6 million units at $10 each, including 3.6 million units issued under the underwriters' over-allotment option. Units started trading on NASDAQ under the ticker ARCIU and the company expects its ordinary shares and warrants to trade sep…
Colombian equities finished higher on Monday with the COLCAP index rising 1.56% to set a new record. Strength in Industrials, Services and Agriculture underpinned the advance, led by large gains in Bancolombia Pf, Interconexión Eléctrica (ISA) and Ecopetrol. Currency and commodity markets also moved notably, with USD/COP and BRL/COP climbing and se…
Russian equities closed lower on Monday with the MOEX Russia Index down 0.52% as losses in the Oil & Gas, Telecoms and Power sectors led the market. Advancers were outnumbered by decliners, while OZON hit a 52-week high. Commodity and FX moves accompanied the equity decline, with mixed performance across gold, crude and the ruble.
Shares of large health insurers fell sharply in after-hours trading after a federal proposal outlined a much smaller than expected increase in Medicare Advantage payment rates for 2027. The Centers for Medicare and Medicaid Services is reported to be proposing an average 0.09% increase and measures to curb a billing practice under scrutiny, with th…
Legato Merger Corp. IV completed an initial public offering of 23 million units at $10 each, collecting $230 million after full exercise of a 3 million-unit over-allotment. The special purpose acquisition company began trading its units on NYSE American under the ticker "LEGO U." Proceeds from the IPO and a concurrent private placement were placed …
A WarrenAI screen built on InvestingPro metrics identifies four Canadian consumer staples companies with resilient demand profiles, attractive cash generation and upside potential heading into 2026. Dollarama, Loblaw, Alimentation Couche-Tard and Metro are singled out for their profitability, defensive characteristics and analyst support, with each…
Nike will cut 775 positions at its U.S. distribution centers, primarily in Tennessee and Mississippi, as the company increases automation to improve profitability. The move follows prior workforce reductions and comes amid declining gross margins and weak sales in China as Nike adjusts its product mix.
Shares of Geo Group and CoreCivic fell sharply on Monday after Border Patrol agents shot and killed a protester in Minneapolis over the weekend. Geo Group dropped 9% and CoreCivic declined 7% as investors weighed the potential for heightened scrutiny of immigration enforcement contracts and related policy responses.
IO Biotech Inc (NASDAQ: IOBT) stock fell 15.4% Monday after Piper Sandler downgraded the company from Overweight to Neutral and cut its price target to $0.50 from $3.00. The move followed IO Biotech's announcement that it is evaluating strategic alternatives including a merger, business combination, asset sale or potential liquidation. The firm pro…
Eastman Kodak Co. stock rose 4.7% Monday after the company unveiled four new regulated pharmaceutical products — two Phosphate Buffered Saline (PBS) formulations and two Water for Injection (WFI) items — all produced in a cGMP-compliant Rochester facility and immediately available to research laboratories, biopharma developers and contract developm…
U Power Limited (NASDAQ: UCAR) saw its shares jump after unveiling a regulatory-compliant program to tokenize real-world energy assets on the BNB Chain in partnership with infrastructure platform PicWe. The initiative, which uses the firm’s proprietary UOTTA modular technology and targets an initial deployment in Southern Europe, is part of a broad…
Brazil's main equity index closed modestly lower as declines in Basic Materials, Public Utilities and Electric Power sectors outpaced gains elsewhere. The Bovespa fell 0.18% at the close in São Paulo, with notable moves in names including Natura & Co, Cogna Educacao and Vale. Broader market indicators and commodity prices showed divergent trends, w…
BellRing Brands shares declined sharply after a Deutsche Bank analyst warned of a potentially challenging quarter and trimmed his price target. Weak tracked channel trends for the Premier Protein line and a modest fiscal first-quarter decline versus guidance have raised concerns that the company may need to revise its full-year targets.
Shares of LKQ Corporation rose modestly after the company said its board has started a comprehensive review of strategic alternatives that could include a sale of the company. The board has retained financial and legal advisers and is pursuing the previously announced process to explore a sale of its Specialty segment. LKQ made clear there is no se…
U.S. businesses increased borrowing to fund equipment purchases by 5.9% year-on-year in December, with new deals totaling $10.6 billion on a seasonally adjusted basis. The Equipment Leasing and Finance Association said total activity reached the second-highest level on record, even as bank-originated activity declined modestly month-to-month. Indus…
Michael Fiddelke, who becomes Target's chief executive officer on February 1, delivered a video message to employees condemning the recent violence in Minneapolis as "incredibly painful" and stressing the company’s priority on team and guest safety. His remarks stopped short of addressing specific recent deaths tied to immigration enforcement or an…
Nvidia introduced three open-source artificial intelligence models intended to produce faster and potentially more accurate weather forecasts. Announced at a meteorological conference, the models are designed to replace computationally expensive traditional simulations with AI-driven alternatives that, once trained, can run far more quickly and sup…
Satellogic Inc. disclosed a registered direct offering with a single institutional investor that will sell about 7.4 million Class A shares at $4.73 per share, expected to raise roughly $35 million in gross proceeds. The announcement prompted a 14.9% drop in the company's stock as the transaction represents material dilution and the offering price …
