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.
14,438 total articles
U.S. equity futures showed little directional movement Monday evening after Wall Street’s earlier pullback, as investors weighed reports of new Iranian attacks in the Strait of Hormuz and a roughly 6% rise in oil prices against a recent stretch of strong corporate results. Profit-taking following April gains and worries about the inflationary impli…
Regis Resources and Vault Minerals have reached an agreement to unite in an all-share transaction that will create a A$10.7 billion gold company. Under the terms, Regis will acquire all of Vault’s shares in exchange for 0.6947 new Regis shares for each Vault share. The merged group is projected to produce over 700,000 ounces of gold a year from fiv…
OpenAI co-founder and president Greg Brockman, while testifying in a lawsuit brought by Elon Musk, disclosed a stake in OpenAI valued at nearly $30 billion and described prior financial ties to CEO Sam Altman. In court, Brockman confirmed he received an ownership interest in Altman’s family office in 2017 and holds positions in startups backed by A…
California energy regulators have opened an inquiry into a Trump administration agreement that refunded offshore lease payments and led to the cancellation of a planned wind project off the state’s central coast. The investigation centers on a $120 million government payout and whether that payment violated state law. Regulators subpoenaed Golden S…
The head of American Airlines’ pilots union praised United Airlines CEO Scott Kirby’s merger proposal as a 'bold vision' that could be 'transformative' for passengers, communities and pilots, but the union did not formally back a United-American tie-up. United has said it dropped pursuit of a merger after American declined to engage; American has a…
Embraer views its recent UAE contract for as many as 20 C-390 military transport aircraft as a springboard for additional defense sales in the Middle East. The deal - 10 firm jets and 10 options - makes the United Arab Emirates the 12th nation to select the C-390 and the first buyer in the Middle East. Company executives say the structure and regio…
Intel has appointed Alex Katouzian, a more than 20-year Qualcomm veteran, to head its PC and physical artificial intelligence unit beginning in May. The move places a senior industry executive in charge of Intel's core PC franchise and its physical AI efforts, while Pushkar Ranade is confirmed as chief technology officer and will remain CEO Lip-Bu …
Southwest Airlines has discussed hiring mechanics who worked for Spirit Airlines after that carrier halted operations, a union official said. The move is tied to near-term operational needs and preparations for Boeing’s 737 MAX 7, which Southwest expects to receive in early 2027 pending regulatory clearance this year.
Mexico's S&P/BMV IPC ended Monday's session lower, slipping 0.85% as declines in the Industrials, Consumer Goods & Services and Consumer Staples sectors drove the market down. Advancers were outnumbered by decliners, and several notable blue-chips posted wide moves. Commodity and currency markets also recorded notable swings during the session.
Onsemi issued guidance for second-quarter revenue that eclipses analyst forecasts, driven by firm demand tied to the automotive market and silicon carbide products for electric vehicles. The company also provided adjusted EPS guidance in line with or above consensus, while reporting first-quarter results that beat estimates but showed a slight sequ…
Colombian equities closed lower on Monday, with the benchmark COLCAP slipping 0.39% as losses in Financials, Investment and Public Services sectors pressured the market. Several leading names finished the session unchanged, and commodity and currency moves showed mixed patterns during the trading day.
Russia's benchmark fell on Monday, with losses concentrated in the Oil & Gas, Mining and Power sectors. The MOEX Russia Index dropped 1.63% to a new three-month low as LUKOIL, Norilsk Nickel and AFK Sistema were among the biggest decliners. Volatility rose and commodities showed mixed moves, with gold falling and crude oil higher.
Anthropic has entered a partnership with Fidelity National Information Services Inc (FIS) to create automated AI agents intended to detect and investigate criminals who exploit banking systems. The project will combine FIS’s financial data with Anthropic’s Claude large language model to assemble evidence from multiple sources. FIS shares jumped in …
A busy batch of quarterly reports produced notable late-session price moves. Pinterest and Backblaze posted beats and upward guidance, sparking strong after-hours gains, while several companies including GeneDx, Duolingo and Fabrinet slid after issuing guidance or failing to meet elevated expectations. Intraday snapshots and a market-focused invest…
U.S. stock averages finished lower on Monday, with the Dow Jones Industrial Average falling 1.13% and declines centered in Basic Materials, Industrials and Financials. The S&P 500 retreated 0.41% and the Nasdaq Composite dipped 0.19%. A mix of outsized winners on the S&P 500 and the Nasdaq contrasted with steep drops among select logistics and reta…
Canada's main equity gauge ended the session lower, with losses concentrated in Consumer Discretionary, Materials and Industrials. Advancers included Bird Construction, Aecon and BlackBerry, while Gildan Activewear, TFI International and AbraSilver were among the largest decliners. Volatility measures and commodity prices moved notably, with oil ri…
Brazil's main stock index, the Bovespa, closed down 0.92% on Monday, pressured by losses in Real Estate, Financials and Basic Materials sectors. Market breadth favored decliners by a wide margin, though individual gainers included Cvc Brasil ON, Prio SA and Minerva SA/Brazil. Commodity price moves and currency shifts were mixed across the session.
Actors Blake Lively and Justin Baldoni have settled the lawsuit Lively filed over the production of the 2024 film "It Ends With Us," the director's production company said. The agreement averts a civil trial that was scheduled for May and would have included testimony from both parties about allegations of sexual misconduct and subsequent countercl…
Senior investors and executives at the Milken Institute Global Conference in Beverly Hills convened to assess geopolitical tensions, the expanding role of private credit, large-scale sovereign capital deployment and differing views on how artificial intelligence will affect productivity and labor. Speakers outlined how private capital is altering t…
Elon Musk and the U.S. Securities and Exchange Commission have reached a settlement resolving the SEC’s civil suit that accused Musk of delaying public disclosure of his initial stake in Twitter in 2022. A trust bearing Musk’s name will pay a $1.5 million civil penalty. The settlement, filed in federal court in Washington, D.C., does not include an…
Paramount Skydance reported a notable improvement in first-quarter pre-tax results as cost reductions from its merger and stronger streaming performance offset declines in television. Adjusted EBITDA jumped 59% year-over-year to $1.16 billion on revenue of $7.35 billion. Despite the headline improvement, the company issued second-quarter revenue gu…
Palantir Technologies reported first-quarter revenue of $1.63 billion for the quarter ended March 31, exceeding the LSEG consensus estimate of $1.54 billion. Growth was led by sharp increases in sales to U.S. commercial customers and the U.S. government, and the company's Maven AI system has been designated as a program of record by the Pentagon.
Pinterest on Monday projected second-quarter revenue above consensus, citing continued advertiser spending and enhancements to its ad platform that automate creative delivery and targeting. The San Francisco-area company also reported solid first-quarter results, user growth and recent strategic moves including an acquisition and a large share buyb…
Vertex Pharmaceuticals reported first-quarter adjusted earnings that exceeded analyst estimates, fueled by a substantial rise in sales of its recently approved cystic fibrosis therapy Alyftrek. Total revenue rose 8% year-over-year, while sales of the company’s long-standing CF treatment Trikafta fell short of expectations. Management maintained its…
Duolingo delivered stronger-than-expected first-quarter results driven by subscription growth, but management signaled a moderated growth outlook as it channels investment into user engagement and AI-powered product features. The company is prioritizing long-term retention and product quality over immediate monetization, keeping full-year revenue g…
