Stock Markets

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.

Articles

7,533 total articles

Starboard Takes Stake in CarMax, Puts Forward Two Board Nominees

Starboard Takes Stake in CarMax, Puts Forward Two Board Nominees

Starboard Value has acquired roughly $350 million in CarMax shares and nominated two directors to the retailer’s board, pressing the company to improve its digital user experience, reduce costs and adopt a more dynamic pricing approach. The activist delivered a formal letter to CarMax leadership outlining its proposals; the company did not immediat…

Beta Technologies Accelerates MV250 Military Cargo Drone Program, Chosen for FAA e-VTOL Pilot Projects

Beta Technologies Accelerates MV250 Military Cargo Drone Program, Chosen for FAA e-VTOL Pilot Projects

Beta Technologies said it has advanced the development timeline for its Alia MV250 military cargo drone, bringing the first flight forward by six months to occur this year, and is increasing investment in defense work. The firm’s Alia VTOL and its charging systems were selected to participate in seven of eight FAA pilot programs designed to integra…

MDA Space Files for $300 Million U.S. IPO, Eyes New York Listing

MDA Space Files for $300 Million U.S. IPO, Eyes New York Listing

MDA Space Ltd. has filed with the U.S. Securities and Exchange Commission seeking to raise $300 million in an initial public offering in the United States. The Toronto Stock Exchange-listed company has applied to list the offered and outstanding common shares on the New York Stock Exchange under the symbol "MDA." Key transaction details such as the…

Smile Doctors Weighs $2 Billion Refinance to Lower Borrowing Costs

Smile Doctors Weighs $2 Billion Refinance to Lower Borrowing Costs

Smile Doctors LLC is engaged in preliminary talks to refinance roughly $2 billion of debt, aiming to bring down interest expenses by shifting loans held by private creditors into the broader US leveraged loan market. Barclays Plc has been retained to lead the potential transaction, which remains at an early stage and may not materialize.

SolarEdge CFO to Depart in June; Shares Slip in After-Hours Trade

SolarEdge CFO to Depart in June; Shares Slip in After-Hours Trade

SolarEdge Technologies saw its stock fall in after-hours trading following the announcement that Chief Financial Officer Asaf Alperovitz will depart the company on June 9 to assume a CFO position at a public company in a different industry. The board has initiated a search for his successor, and Alperovitz will remain through early June to aid the …

Mexico equities climb as industrials and consumer sectors lead gains

Mexico equities climb as industrials and consumer sectors lead gains

Mexico's benchmark stock index closed higher driven by advances in Industrials, Consumer Goods & Services and Consumer Staples. The S&P/BMV IPC rose 0.76% as several top-listed companies posted notable gains, though declines outnumbered advances and one prominent firm hit an all-time low. Commodity and currency moves added mixed signals to the mark…

Casey Means Moves Closer to Confirmation as U.S. Surgeon General Amid Scrutiny on Vaccines, Birth Control and Financial Ties

Casey Means Moves Closer to Confirmation as U.S. Surgeon General Amid Scrutiny on Vaccines, Birth Control and Financial Ties

Casey Means, a wellness influencer and close ally of Health Secretary Robert F. Kennedy Jr., took a step toward Senate confirmation as U.S. surgeon general after testifying before the Senate health committee. Her hearing focused on past remarks about vaccines and birth control, questions about financial relationships tied to wellness products and c…

After-Hours Movers: Oracle Leads Gains as Mixed Earnings Ripples Through Tech and Consumer Stocks

After-Hours Movers: Oracle Leads Gains as Mixed Earnings Ripples Through Tech and Consumer Stocks

Oracle spiked 7% after reporting a strong quarter and guidance, marking the first quarter in more than 15 years with simultaneous 20% growth in organic total revenue and non-GAAP EPS. CoreWeave climbed in sympathy. AeroVironment fell after missing estimates and lowering outlook. Groupon dropped on an earnings and revenue shortfall, while Domo soare…