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.
7,431 total articles
Stryker reported widespread interruptions across its global operations after a cyberattack that affected its Microsoft environment. The company said order processing, manufacturing and shipping have been disrupted while it investigates. An Iranian-linked hacking group has claimed responsibility, citing retaliation for an attack on a girls' school i…
Lennar said first-quarter home deliveries fell short of Wall Street forecasts as elevated mortgage rates and stretched affordability weighed on buyer demand. The builder cut its expected second-quarter margin and offered a lower homes-delivery outlook, while quarterly profit and revenue missed analyst estimates.
A contracted employee was killed following an incident at Rio Tinto’s Kennecott copper complex in Utah. The Anglo-Australian miner has halted operations at the facility and said its chief executive, Simon Trott, will travel to the site. The fatality follows a separate contractor death last month at the SimFer operation tied to Guinea’s Simandou iro…
Amazon is planning to move its annual Prime Day sales event from July to late June, a timing change that will affect third-party sellers, competitors and the timing of Amazon's revenue recognition for the quarter. The company has not publicly finalized plans and declined to comment on the reports. The promotion, launched in 2015 to drive Prime memb…
Senator Josh Hawley has sent a nine-question letter to CF Industries' CEO probing whether fertilizer giants exploited supply disruptions from the Iran conflict to raise prices. Urea wholesale prices climbed roughly 32% in 12 days, coinciding with sharp gains in shares of CF Industries, Mosaic and Nutrien. The inquiry and an ongoing DOJ probe increa…
Mexico's stock market closed lower, with the S&P/BMV IPC sliding 2.18% to a one-month low. Losses were concentrated in industrials, consumer goods and consumer staples. A larger number of declining issues outpaced advances by more than two-to-one, while commodities and FX moves showed divergent trends.
Ulta Beauty said on Thursday it expects full-year profit below analyst forecasts as it increases marketing investment to drive demand. The cosmetics retailer reported higher SG&A tied partly to advertising, delivered mixed fourth-quarter results, and faces pressure from changing consumer spending patterns and intensified competition.
The Justice Department’s Executive Office for Immigration Review swore in 42 new immigration judges to serve in 17 states, many with prior experience in immigration enforcement or prosecution. The hires come amid a broader effort by the Trump administration to reshape immigration courts, supplementing earlier permanent and temporary appointments an…
Colombian equities closed lower on Thursday, with the COLCAP index falling 4.53% as losses in Financials, Investment and Public Services sectors led the decline. While Ecopetrol climbed and reached a 52-week high, several financial and services names moved lower. Commodity and currency moves were mixed, and the US Dollar Index Futures strengthened.
Chicago’s aviation officials have asked the Federal Aviation Administration to refrain from imposing a limit under 2,800 daily flights at O’Hare International Airport, arguing such a reduction would be unwarranted and would "lead to significant disruption to the National Airspace System." The FAA has proposed a 2,800 daily cap for the summer, down …
Russian equities closed higher on Thursday, with the MOEX Russia Index rising 0.63% as Oil & Gas, Telecoms and Manufacturing stocks led the advance. Notable moves included Rosneft, LUKOIL and NOVATEK, the latter reaching a 52-week high. Market breadth was mixed, the Russian Volatility Index fell to a 52-week low, and commodity markets registered a …
Telus Corp. said it is investigating a cybersecurity incident involving unauthorized access to a limited number of its systems and is notifying affected customers. An extortion group calling itself ShinyHunters claims it stole a large volume of Telus data in an August supply-chain attack and says it sent a ransom demand in February.
SentinelOne said its fiscal first-quarter adjusted profit per share is expected to be 1 to 2 cents, below analysts' 5-cent estimate, and issued revenue guidance roughly in line with expectations. The outlook arrives amid intense competition from larger security vendors and Microsoft, a finance leadership transition, and concerns that new AI tools c…
U.S. stocks finished the session lower as broad weakness in Industrials, Healthcare and Technology pushed major indexes down. The Dow Jones Industrial Average closed at a three-month low, the S&P 500 and Nasdaq also fell, while notable movers included strong gains in select commodity- and chemical-related names and sharp losses among some financial…
A number of technology and consumer stocks moved notably in after-hours trading following earnings and corporate announcements. Adobe shares dropped after its CEO announced plans to step down once a successor is named. Rubrik posted revenue above guidance, while PagerDuty and Ulta Beauty lowered expectations or missed estimates. Smaller-cap names a…
Canada's equity benchmark closed lower on Thursday, dragged down by losses in Industrials, Healthcare and Information Technology. The S&P/TSX Composite ended the session down 0.84%, with a mix of large percentage moves among individual names and elevated option-market volatility reflected in the S&P/TSX 60 VIX.
Brazil's benchmark Bovespa index closed lower, falling 2.55% to a one-month low, as broad sector weakness pushed more stocks down than up. Several large-cap names showed sharp moves in both directions, while volatility measures, commodities and currency pairs registered notable shifts during the session.
Senior executives from leading exchanges, including the head of the CME Group and the CEO of TMX Group, expressed opposition to potential U.S. Treasury involvement in the oil futures market. Their remarks come as the U.S. announced a release of 172 million barrels from its strategic petroleum reserve and reports suggest the Treasury is considering …
On March 12, the U.S. Department of Energy announced a roughly $1.9 billion investment aimed at accelerating upgrades to the nation's electric transmission network. The funding is intended to ready the grid for a near-term surge in power demand tied to expanded AI and cryptocurrency data center operations and increased electrification of heating an…
The U.S. Air Force will not authorize a new contract for additional KC-46 aerial refueling tankers until Boeing addresses persistent technical shortcomings, the service's vice chief of staff told lawmakers. While a path to resolution exists and a decision on a follow-on order is not expected for about two years, the program has already seen deliver…
Bloomberg has given employees based in the Gulf, including at its Dubai regional headquarters, the option to temporarily work from outside the region as Iran continues a series of attacks on Gulf cities. While most staff have not asked to relocate, the company says client service continues without interruption. Other major financial firms have dire…
Morgan Stanley has identified favored names in paper and packaging as analysts see the industry approaching a cyclical trough. The bank points to companies with improving cost bases, operational efficiencies and strong free cash flow as best positioned to benefit when market conditions turn. UPM and Smurfit Westrock are highlighted for distinct rea…
Morgan Stanley raised its price target on Nokia to €8.50 from €6.50 and upgraded the stock to Overweight, pointing to accelerating spending on cloud and AI data center networks as a key driver. The brokerage sees stronger-than-expected demand for data center connectivity, citing peer results from Ciena, and has increased both its revenue forecasts …
Amazon.com’s drone delivery unit Prime Air has announced it is withdrawing from the Commercial Drone Alliance, stating that the organization’s positions on major safety issues do not align with Prime Air’s core safety tenets. In a letter, Prime Air said its detect-and-avoid system executed collision-avoidance maneuvers on two potential mid-air coll…
Federal Trade Commission filings dated Wednesday indicate Tesla has received clearance to convert its previously announced investment in xAI into an ownership stake in SpaceX. The documents list Tesla as the buyer of shares from Elon Musk and show Musk selling holdings to outside investors, while the size of the stakes involved was not disclosed. T…
