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.
14,117 total articles
iFixit’s teardown of Apple’s newly announced MacBook Neo finds significant improvements in serviceability compared with recent Mac designs, including screws for the battery and keyboard and easily replaceable camera and fingerprint modules. Despite those changes, the device received a 6 out of 10 repairability score and retains soldered DRAM, which…
Spirit Aviation Holdings has disclosed plans to pare its fleet to about one-third of its size before its most recent Chapter 11 filing, moving forward with a deep restructuring that would shrink aircraft counts, cut debt and refocus the carrier on core markets. The plan faces negotiation challenges tied to unpredictable fuel prices and creditor con…
A federal judge in Manhattan dismissed a proposed class action accusing Stellantis of defrauding investors by failing to disclose practices described as channel stuffing. Plaintiffs alleged the automaker overloaded dealers with inventory to boost short-term sales while harming long-term results and thereby made misleading statements about pricing p…
Digg has started cutting staff as its leadership says the platform has struggled to reestablish itself against incumbent social networks and has been hit by a large wave of sophisticated AI-driven bots that compromised voting and engagement systems. Founder Kevin Rose is slated to return full time to lead a rebuild beginning in April.
Several leading U.S. automotive trade organizations have sent a joint letter urging the Trump administration to maintain a Commerce Department cybersecurity regulation that effectively bars most Chinese-made vehicles from the U.S. market. The groups also warned against any efforts by Chinese automakers to bypass those restrictions by building produ…
The U.S. Department of War has issued a $2.01 billion modification to Raytheon Co.'s Advanced Extremely High Frequency terminal production contract, increasing the contract's total value to $2.97 billion from $960 million. The contract, first awarded in 2021 under a ceiling arrangement, lists work at Raytheon sites in Marlboro, Massachusetts, and L…
Mexico's main stock index closed lower on Friday, pressured by weakness in Industrials, Consumer Goods & Services and Consumer Staples. The S&P/BMV IPC slipped 0.66% to reach a new one-month low, with mixed results among individual large-cap names and notable moves in commodities and currency markets.
TMX Group is lobbying Canadian securities regulators to permit all publicly listed companies to file earnings reports twice a year instead of quarterly. The proposal builds on a CSA plan to exempt smaller firms - typically those with under $10 million in revenue - and mirrors calls in the United States to reduce reporting frequency. TMX sees the ch…
Travis Kalanick announced the launch of Atoms, a refocusing and renaming of City Storage Systems, to develop specialized industrial robots for mining, transport and food industries. Kalanick emphasizes task-specific machines as the route to raised productivity and describes Atoms as comprising distinct units for food, mining and transport applicati…
Colombia's main stock index finished the session higher, supported by advances in the Industrials, Services and Agriculture sectors. The COLCAP rose 0.39% while individual movers included Ecopetrol reaching a 52-week high and a number of large-cap names posting sharp declines. Commodity prices and currency pairs also moved notably during the sessio…
The MOEX Russia Index closed modestly lower, falling 0.07% as declines in the Oil & Gas, Manufacturing and Power sectors pressured the market. Market breadth was mixed with a slightly greater number of gainers than losers. Key commodity and currency moves included a sharp rise in crude oil prices and a notable strengthening of the US dollar against…
President Donald Trump said on Friday that Richard Grenell - who was appointed last year as president of the John F. Kennedy Center for the Performing Arts - will transition out of his role. Matt Floca, the center's vice president of facilities operations, will be elevated to chief operating officer and executive director, the president added in a …
U.S. equities closed lower on Friday as declines in Basic Materials, Technology and Industrials pushed the market down. The Dow fell to a fresh three-month low, while the S&P 500 and Nasdaq posted larger percentage drops. Individual stocks registered both sharp gains and steep losses, and commodity and currency markets showed notable moves.
Canadian equities declined at Friday's close, with the S&P/TSX Composite falling 0.91%. Losses were concentrated in the Materials, Information Technology and Clean Technology sectors. A handful of names bucked the trend, while several large declines among resource-related issuers weighed on the broader index. Volatility measures rose and commodity …
Brazil's Bovespa ended the session down 0.91%, touching a one-month low as losses in Real Estate, Basic Materials and Financials pressured the market. While a handful of mid-cap names posted gains, heavier declines in petrochemical, steel and healthcare stocks pulled indices lower. Commodity and currency moves accompanied equity weakness, with oil …
Metals Acquisition Corp. II completed a $230 million initial public offering, selling 23 million units at $10 each and exercising the underwriters' overallotment. The SPAC also closed a concurrent private placement of 5,066,666 warrants, raising an additional $7.6 million. The funds from the public deal were placed in trust ahead of the company’s s…
Moody's downgraded WPP Plc to Baa3 from Baa2 and cut related short-term and backed senior unsecured ratings, shifting the outlook to stable. The ratings action reflects prolonged pressure on operating results, expected elevated adjusted gross debt to EBITDA near 4.2x-4.5x over the coming 12 months, and significant restructuring costs. WPP reported …
Fitch Ratings upgraded StandardAero, Inc. (NYSE:SARO) and Dynasty Acquisition Co. Inc. to a Long-Term Issuer Default Rating of BB+ from BB, citing deleveraging after the IPO, EBITDA leverage falling below 3.5x and improved execution on the LEAP engine platform. Fitch also affirmed Dynasty’s secured revolver and term loan at BBB- with a Recovery Rat…
Fitch Ratings raised British American Tobacco plc's Long-Term Issuer Default Rating to A- from BBB+ and removed the company from Under Criteria Observation, assigning a Stable Outlook. The upgrade rests on BAT's diversified global footprint, strong and consistent cash flow generation, rising contribution from next-generation products and a conserva…
S&P Global Ratings upgraded Eldorado Gold to BB- from B+ with a positive outlook, pointing to stronger adjusted EBITDA in 2025, a healthier leverage profile and ongoing development milestones at Skouries and the near-complete McIlvenna Bay project acquired via a definitive deal for Foran. The ratings firm projects meaningful production growth and s…
S&P Global Ratings upgraded Wolverine World Wide Inc. (NYSE:WWW) to B+ from B and assigned a stable outlook, saying the company should maintain leverage comfortably below 5x over the coming year after stronger operating performance and improved profitability through year-end 2025. The upgrade reflects gains from Saucony and Merrell, significant del…
Severe storms on March 13 left over 396,000 homes and businesses without electricity across the U.S. Midwest and Mid-Atlantic, with Ohio recording the largest number of outages. State-level data from PowerOutage.us shows concentrated impacts in multiple states, and a unit of American Electric Power reported the highest single-utility outage total i…
Shares of InMode Ltd. climbed 6.4% on Friday after the company’s board approved a new buyback program permitting the repurchase of roughly 10% of outstanding shares, or about 6.38 million ordinary shares. Management said repurchases will be funded with available cash and may be executed in the open market or by other permitted means.
Firefly Neuroscience's stock surged after the company reported research advancements using its AI-powered EEG/ERP platform that could help differentiate the three primary ADHD subtypes. The firm's FDA-510(k)-cleared Evoke System collected resting and cognitive EEG scans that the company says may indicate whether a patient is hyperactive and impulsi…
PAR Technology Corporation priced a private placement of $250.0 million in 4.00% Convertible Senior Notes due 2031, prompting a greater-than-10% decline in its shares. The company intends to use most proceeds to repurchase outstanding 1.50% convertible notes due 2027 and a portion to buy back common stock, while the remaining funds are earmarked fo…
