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.
7,590 total articles
Shares of Winmark Corporation surged in after-hours trading following the announcement that the company will join the S&P SmallCap 600 index, replacing Guess? Inc. The inclusion highlights Winmark's growing prominence in the resale retail sector and may attract increased investor attention and trading activity.
OpenAI CEO Sam Altman is actively engaging with Middle Eastern sovereign wealth funds to secure significant funding for an upcoming investment round projected to total at least $50 billion. This effort supports OpenAI’s ambition to elevate its valuation between $750 billion and $830 billion. Concurrent negotiations with Amazon.com Inc. for an addit…
Lockheed Martin has received two significant defense contracts from the U.S. Department of War totaling roughly $225 million. These agreements involve maintenance and support for the PAC-3 missile system and lifecycle services for the Aegis Weapon Systems across multiple naval platforms. The initiatives highlight sustained defense investment in mis…
Venture Global announced a successful arbitration outcome in its dispute with Spain's Repsol regarding initial delivery failures of liquefied natural gas (LNG) from its Calcasieu Pass facility under a longstanding contract. This marks the second arbitration victory for Venture Global in three related disputes, reinforcing its position amid legal ch…
Microsoft Corporation has secured a $170.4 million contract from the U.S. Department of War to supply Azure cloud computing services for the Air Force's Cloud One Program. The project involves delivering cloud infrastructure solutions to assist the Air Force and its customers, with work centralized at Microsoft's locations across the contiguous Uni…
Raytheon Company has secured a $380.8 million contract modification to advance the certification and upgrade of Tomahawk missiles, extending the company's involvement in missile depot maintenance and modernization. The agreement, which adds substantial work for missile Lot Five and Lot Six, pushes the total contract value to $476.5 million, with op…
WhiteFiber, Inc., a NASDAQ-listed company specializing in AI infrastructure, revealed plans for a $200 million convertible senior notes offering due in 2031, coupled with an option for additional notes. The announcement triggered a 7% decline in after-hours trading. Proceeds will partially fund data center growth and a zero-strike call option trans…
Japanese government bonds have experienced a sharp increase in yields reaching record highs, driven largely by foreign selling and political announcements. Despite an expected short-term lull in yield growth during the first quarter, analysts warn of further increases later in the year due to unresolved macroeconomic policy challenges and cautious …
Strive, Inc. reported a planned $150 million follow-on offering of its Variable Rate Series A Perpetual Preferred Stock, resulting in a 2.7% drop in its stock price during after-hours trading. The proceeds are intended to fund the redemption of convertible notes, repay borrowings, and support bitcoin asset acquisition and corporate activities.
Honeywell has reached a settlement with Flexjet to end their ongoing litigation, simultaneously extending their aircraft engine maintenance contract through 2035. This resolution addresses claims related to delayed engine repairs and includes a substantial financial charge for Honeywell in the fourth quarter.
Kinder Morgan, a leading U.S. pipeline operator, reported better-than-expected profits for the fourth quarter, driven by higher natural gas transportation volumes and expansion projects. The company remains optimistic about long-term U.S. natural gas demand, boosted by rising electricity consumption in sectors such as data centers. Kinder Morgan’s …
FAA Administrator Bryan Bedford emphasized the Federal Aviation Administration's supportive role in certifying Boeing’s 737 MAX 7 and MAX 10 aircraft, clarifying that while the FAA aids the process, Boeing must complete critical development work independently. Despite delays linked to technical issues, Boeing aims for certification within the year,…
The executive order issued by U.S. President Donald Trump aimed at limiting Wall Street investors' acquisition of single-family homes might increase housing demand but does little to expand the housing supply. Experts warn this imbalance could exacerbate already high home prices rather than alleviate affordability issues, highlighting the critical …
Eightfold AI, an artificial intelligence-driven recruitment platform utilized by leading companies such as Microsoft and PayPal, is facing litigation in California. Plaintiffs allege the platform compiled candidate assessments without informing or obtaining consent from job applicants, thereby breaching the Fair Credit Reporting Act (FCRA) and Cali…
US equity markets rallied following news of a tariff truce on Greenland, with all major indices posting significant gains after a sharp prior selloff. President Trump's announcement forestalled new tariffs on European allies, lifting investor confidence alongside encouraging bank earnings and a robust performance in energy and airline stocks.
