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.
14,449 total articles
Saudi Arabia's equity market closed marginally higher on Sunday, with the Tadawul All Share finishing up 0.05%. Gains in Media & Publishing, Transport and Cement sectors supported the index, while individual large-cap movers produced a mixed session. Crude and Brent oil prices fell, and currency pairs were largely unchanged.
The S&P 500 has climbed about 7% since a bullish "true gap" signal, outpacing the historical median four-week gain of 6%. Yet internal market measures point to uneven participation: fewer than 60% of S&P 500 components sit above their 200-day moving averages and the equal-weight S&P 500 has not made a fresh high. Small-cap stocks, by contrast, are …
Greg Abel, who became Berkshire Hathaway’s CEO in January, received broad recognition from shareholders for his command of the conglomerate’s sprawling operations. Yet the first annual shareholder weekend under his leadership saw smaller crowds and weaker merchandise demand than in years when Warren Buffett and Charlie Munger dominated the stage, h…
Major sell-side firms issued a string of material rating and target changes this week across AI-exposed technology stocks. Bank of America urged a more aggressive capital return plan for Nvidia to bridge a perceived valuation gap versus its Magnificent Seven peers. Goldman Sachs maintained a constructive stance on Microsoft after a strong earnings …
Global equities have recovered recent losses and pushed toward former highs as enthusiasm tied to artificial intelligence encouraged large inflows. Institutional buyers and a renewed wave of retail participation helped drive $86 billion into markets in April. Despite crowded trades in tech-focused vehicles, hedge fund positioning has not reached pr…
Two manufacturers of the abortion medication mifepristone have filed applications with the U.S. Supreme Court seeking to restore mail-order distribution after an appeals court temporarily halted deliveries. The filings follow a unanimous decision by a conservative three-judge panel of the 5th U.S. Circuit Court of Appeals that sided with Louisiana …
The MOEX Russia Index finished the session unchanged, with a split among individual stocks. PhosAgro, Magnit and Moskovskaya Birzha were among the top gainers, while LUKOIL, Rosneft and TATNEFT were the largest decliners. Trading breadth was modestly positive and volatility measures held steady. Oil prices fell sharply, while gold ticked higher and…
Danco Laboratories has asked the U.S. Supreme Court to stay a unanimous appeals court decision that temporarily bars the mail-order distribution of mifepristone, a move that significantly limits national access to the drug and escalates a series of legal challenges to its approval and subsequent regulatory changes.
Berkshire Hathaway reported higher first-quarter revenue driven in part by a quieter period for insurance losses, but CEO Greg Abel said competitive pressures from new capital are squeezing pricing and prompting a conservative approach across primary and reinsurance businesses. Geico, the conglomerate’s auto insurer, saw underwriting gains decline …
Berkshire Hathaway shareholders on Saturday voted decisively against a proposal to require a report on how the conglomerate supervises its workforce, while approving non-binding 'say-on-pay' measures and reelecting all 13 directors, including CEO Greg Abel and Chair Warren Buffett. The rejected proposal argued decentralization produced inconsistent…
Spirit Airlines ceased operations overnight, canceling flights and leaving passengers and staff stranded across the United States, the Caribbean and Latin America. The ultra-low-cost carrier had provided deeply discounted fares for price-sensitive travelers; its sudden collapse, driven in part by steep increases in jet fuel costs, reduces affordabl…
Berkshire Hathaway CEO Greg Abel told shareholders that a recent Oregon appeals court ruling significantly reduced class-action exposure for PacifiCorp, the company’s utility unit, easing pressure as it defends multiple wildfire-related suits and seeks regulatory permission to raise rates to fund grid investments.
Spirit Airlines ceased operations after creditors rejected a government-backed rescue, leaving thousands of passengers and workers stranded. A sharp rise in jet fuel prices during the two-month-old Iran war disrupted the carrier's bankruptcy recovery plan and forced an abrupt shutdown that will eliminate about 15,000 jobs. Rival carriers and federa…
Global equity markets extended a five-week advance led by U.S. stock gains as trend-following strategies increased risk exposure, Bank of America said. Its models estimate roughly $40 billion of equity exposure was added by commodity trading advisors (CTAs) during the week, with faster and medium-term models more actively rebuilding long U.S. posit…
A court trial in Santa Fe will consider whether Facebook, Instagram and WhatsApp operate as a public nuisance under New Mexico law, a finding that could let a judge impose far-reaching changes or award substantial damages. The case, brought by New Mexico's attorney general, follows a jury verdict that found Meta violated the state's consumer protec…
Greg Abel will lead his inaugural Berkshire Hathaway annual meeting in Omaha, with Warren Buffett present in the audience. Investors are seeking clarity on how the conglomerate will adapt and grow under Abel’s stewardship, particularly around uses for a multibillion-dollar cash hoard, stock repurchases, potential acquisitions and management of Berk…
Spirit Airlines announced an immediate cessation of operations early Saturday, cancelling all flights and taking down customer service. The carrier said it was proud of its 34-year tenure as an ultra-low-cost operator but will no longer serve customers. The move follows failed restructuring efforts amid rising jet fuel costs and a breakdown in talk…
Forefront Tech Holdings Acquisition Corp completed an initial public offering of 10 million units at $10.00 each, generating $100 million in gross proceeds before underwriting discounts and offering expenses. The units began trading on NASDAQ on April 30, 2026. The blank check company said it will pursue a business combination with technology targe…
Coinbase announced negotiators have agreed on a pivotal provision within a major crypto bill that had previously stalled over disputes with banks. The compromise tightens limits on reward programs tied to stablecoins but preserves the ability for platforms to offer consumer rewards tied to genuine usage. The legislative language also instructs regu…
Netflix said it will release Greta Gerwig’s adaptation of C.S. Lewis’ The Magician’s Nephew in a wide theatrical release on February 12, with the title remaining exclusive to cinemas for more than 45 days before appearing on the streaming platform on April 2. The decision marks the first time Netflix has committed to a broad theatrical window of th…
The U.S. Food and Drug Administration authorized Veppanu, an oral therapy developed by Pfizer and Arvinas, for adults with estrogen receptor-positive, HER2-negative breast cancer that is advanced or inoperable and who carry an ESR1 mutation. Approval covers patients whose disease progressed following at least one hormone therapy. The regulator also…
Shares of eBay climbed sharply in after-hours trading after reports that GameStop is preparing a formal bid for the e-commerce marketplace, sending GameStop stock higher as well. The reported approach reflects GameStop CEO Ryan Cohen's strategy to expand beyond video games into high-end collectibles and other retail categories, with an eye toward a…
The Environmental Protection Agency’s recently announced Renewable Fuel Standard obligations for 2026 and 2027 set record biodiesel and renewable diesel volumes that industry participants say will be hard to meet after a difficult prior year. Meeting the EPA’s mandates requires a steep rise in production and generation of compliance credits; analys…
Brown University's $8 billion endowment substantially reduced its holdings in Blue Owl Capital Corp, a publicly traded private credit fund, lowering the stake from 3.2 million shares at the end of 2025 to 1.5 million shares at March 31, according to a 13-F filing. The university kept its roughly 2.6 million shares in Blue Owl's management company. …
GameStop is reportedly preparing an acquisition proposal for eBay and has been accumulating a position in the online marketplace's shares. Market reaction in after-hours trading saw eBay jump roughly 9% while GameStop rose about 3%. Company comments were not immediately available, and a formal proposal could arrive as soon as later this month.
