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.
13,986 total articles
L3Harris Technologies Integrated Systems L.P. has been awarded a $95,573,639 cost-plus-fixed-fee contract by the U.S. Department of War for contractor logistics support. The agreement covers sustainment work for aircraft and ground stations to be carried out at the company’s Greenville, Texas facility, with an expected completion date of December 3…
The U.S. Department of War announced a $1.03 billion modification to Raytheon’s contract for the production of Lower Tier Air and Missile Defense Sensor systems. The contract change, identified as P00013, covers Year Two production requirements, designates work at Raytheon’s Andover, Massachusetts facilities, and is overseen by the Army Contracting…
A federal judge in Manhattan ruled that certain allegations in a proposed class action by survivors of Jeffrey Epstein may move forward against Bank of America, while dismissing an identical suit against Bank of New York Mellon. The decision narrows the case against Bank of America to two counts related to knowingly benefiting from and obstructing …
Wells Fargo's independent directors have approved a $40 million compensation package for Chairman and CEO Charlie Scharf for the 2025 performance year. The award combines a $2.5 million base salary with $37.5 million in variable pay, split between cash and long-term equity, and follows the Board's review of corporate and individual results.
A federal jury in San Francisco convicted former Google engineer Linwei Ding of stealing thousands of pages of confidential AI-related materials and providing them to two Chinese companies he was secretly aligned with. The conviction covers multiple counts of economic espionage and theft of trade secrets, exposing Ding to substantial prison terms a…
Adidas reported preliminary fourth-quarter results showing solid currency-neutral top-line growth, margin improvement that beat expectations, and announced a return-to-capital program. The news lifted the company's ADRs and sets the stage for full-year guidance at a March presentation while management cites cash flow and balance sheet strength to f…
U.S. equities finished the session mixed, driven by sector-level divergence. Gains in Telecoms, Financials and Oil & Gas helped lift the Dow Jones Industrial Average, while the S&P 500 and Nasdaq Composite ended the day in negative territory as losses in Consumer Goods, Technology and Basic Materials weighed on benchmarks. Several large-cap names p…
Apple reported fiscal first-quarter results that exceeded analyst expectations, fueled by robust iPhone 17 demand and a strong recovery in Greater China. The company posted record iPhone revenue and higher-than-expected overall revenue and profit, while services reached a new high. Supply constraints weighed on the wearables segment, and management…
Mexico's benchmark S&P/BMV IPC closed lower on Thursday, falling 0.52% as losses in the Industrials, Consumer Goods & Services and Consumer Staples sectors pulled the market down. While major names such as Grupo Mexico and Grupo Financiero Banorte reached new highs, a number of banking and consumer stocks posted the session's largest declines. Comm…
Colombian equities ended lower on Thursday, with the COLCAP index down 0.52% as losses in the Financials, Investment and Public Services sectors pressured the market. Etb led advancers, climbing 7.53%, while Interconnection Electric SA ESP recorded the steepest decline at 3.07%. Commodity and currency moves included weaker coffee futures, firmer co…
Canada's S&P/TSX Composite ended Thursday's session 0.48% lower, driven by losses in information technology, materials and clean technology sectors. While several large-cap names posted notable gains, a number of miners and outsourced manufacturing plays recorded steep declines. Trading breadth favored decliners and volatility measures ticked highe…
Space Asset Acquisition Corp. completed a public offering of 23 million units at $10.00 apiece, bringing total proceeds to $230 million after the underwriters’ full over-allotment was exercised. Each unit comprises one Class A ordinary share and one-third of a redeemable warrant; a whole warrant permits purchase of one Class A share at $11.50. The …
The MOEX Russia Index closed higher, gaining 0.31% and reaching a new three-month high. Strength in mining, oil & gas and manufacturing stocks powered the advance. Market breadth favored gainers, while volatility as measured by the RVI ticked up. Precious metals and crude oil prices climbed and the ruble strengthened against the dollar and euro.
Visa reported an increase in first-quarter profit driven by heavier card usage over the holiday period and resilient U.S. consumer spending, particularly among higher-income households. Global payments volume on Visa's network rose 8% on a constant-dollar basis. Peer Mastercard also recorded stronger quarterly earnings as spending on travel, leisur…
President Donald Trump sued JPMorgan Chase and CEO Jamie Dimon for $5 billion, alleging accounts were closed for political reasons. The move amplifies a widening and politically charged clash between the administration and major banks: institutions are set to gain regulatory relief and other policy wins even as they confront legal actions, public c…
The U.S. Commodity Futures Trading Commission said it will draft tailored regulations for so-called event contracts, removing a previous proposal that would have barred such instruments. CFTC Chair Michael Selig announced the move during a joint public discussion with SEC Chair Paul Atkins, where the agencies also said they will jointly pursue "Pro…
A reported proposed merger between SpaceX and xAI has renewed attention on plans to place AI computing infrastructure in orbit. Proponents highlight near‑constant solar power and lower cooling needs, while engineers warn of technical, operational and economic hurdles. Early test deployments could arrive by the late 2020s, with broader scaling conti…
California officials are accelerating development of zero-emission vehicle regulations and preparing a $200 million state electric vehicle incentive program after federal tax credits ended and Washington moved to roll back emissions waivers. The state’s top air regulator said meetings with Detroit automakers are planned to discuss the next phase of…
Amazon.com shares pared losses to a 0.8% decline Thursday afternoon after reports said the company is negotiating to invest as much as $50 billion in OpenAI. The discussions, led by Amazon CEO Andy Jassy with OpenAI CEO Sam Altman, could make Amazon the largest participant in a financing round seeking up to $100 billion and valuing OpenAI near $830…
Lucid Group Inc saw its shares rise after its Air Grand Touring recorded the longest distance in Norway’s Automobil-Forbund (NAF) Winter Test, covering 520 kilometers without recharging in temperatures as low as minus 31 degrees Celsius. The result beat the next closest competitor by nearly 100 kilometers and follows earlier range records for the m…
Agibank has filed to raise as much as $785.5 million in an initial public offering in the United States, naming Goldman Sachs, Morgan Stanley and Citigroup as global coordinators. The filing, which sets a New York Stock Exchange listing under the ticker AGBK, arrives the same day another Brazilian digital bank, PicPay, went public in New York.
Shares of DoorDash fell and Uber traded lower after Grubhub announced it would remove delivery and service fees for all restaurant orders over $50, a change that begins a staggered rollout before broader availability on February 2. Grubhub says the move is intended to attract customers, increase order sizes and address what its CEO called the secto…
Moody's has affirmed ON Semiconductor Corporation's Ba1 corporate family rating but revised the outlook from positive to stable. The move reflects weaker-than-expected revenue performance tied to a semiconductor market downturn and the company's concentration in automotive and industrial end markets, even as early stabilization is evident. Moody's …
Coterra Energy and Devon Energy are reportedly in advanced merger talks and could finalize an agreement as soon as next week, in what would be the largest oil and gas deal in the U.S. shale sector in almost two years. Market reaction has pushed both stocks higher amid a modest recovery in crude prices, while the potential tie-up arrives against a b…
Moody’s upgraded Hecla Mining Company’s corporate family rating to Ba3 from B1 and affirmed a stable outlook, citing meaningful debt reduction and resilient free cash flow. The credit boost follows the company’s decision to end a silver-linked dividend and the announced sale of Casa Berardi, which together strengthen liquidity but increase operatio…
