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.

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7,671 total articles

GalaxyEdge Acquisition’s SPAC Raises $100 Million in NYSE Debut

GalaxyEdge Acquisition’s SPAC Raises $100 Million in NYSE Debut

GalaxyEdge Acquisition Corp. completed an initial public offering of 10 million units at $10.00 per unit, raising $100 million. The units began trading on the New York Stock Exchange under the ticker GLEDU, and the company is positioned to pursue a global search for a business combination while explicitly excluding targets based in or primarily ope…

Kensington Capital Acquisition VI Raises $230 Million in IPO

Kensington Capital Acquisition VI Raises $230 Million in IPO

Kensington Capital Acquisition Corp. VI completed an initial public offering of 23 million units at $10 apiece, generating $230 million in proceeds, including 3 million units sold through the underwriters' over-allotment. The special-purpose acquisition company began trading on the New York Stock Exchange and will pursue mergers or acquisitions acr…

Mexico Stocks Slide; S&P/BMV IPC Falls Nearly 3% to One-Month Low

Mexico Stocks Slide; S&P/BMV IPC Falls Nearly 3% to One-Month Low

Mexico's equity benchmark closed sharply lower Thursday, with the S&P/BMV IPC down 2.93% and setting a new one-month low. Losses were concentrated in the Industrials, Consumer Goods & Services and Consumer Staples sectors. Several large-cap names and a regional lender recorded notable declines while a handful of consumer-related names poste…

China Seeks Iran Assurance for Safe Shipments Through Strait of Hormuz

China Seeks Iran Assurance for Safe Shipments Through Strait of Hormuz

Crude oil prices fell and U.S. stock indexes rose on Thursday afternoon after reports said China is engaging Iran to secure safe passage for oil and liquefied natural gas vessels through the Strait of Hormuz. The talks come amid an escalating U.S.-Israeli confrontation with Tehran that has entered its sixth day and follow a period in which the stra…

Serve Robotics Shares Slip as Chicago Residents and Officials Push Back on Sidewalk Delivery Robots

Serve Robotics Shares Slip as Chicago Residents and Officials Push Back on Sidewalk Delivery Robots

Serve Robotics Inc (NASDAQ:SERV) shares fell 3.7% on Thursday after a short-seller report raised fresh doubts about the company’s expansion prospects amid mounting resident resistance and documented operational problems in multiple cities, particularly Chicago. Local officials have signaled limits on geographic expansion and community petitions and…

Walmart Shares Slide After Analyst Downgrade as Markets Retreat

Walmart Shares Slide After Analyst Downgrade as Markets Retreat

Walmart shares dropped 3.7% on Thursday after an Erste Group analyst lowered his rating from Buy to Hold citing stretched valuation. The move came amid a wider market pullback sparked by renewed Middle East tensions, higher oil prices and investor worries about inflation and the timing of Fed rate cuts. Consumer staples were hit hard, with the sect…

Nasdaq Texas Exchange Begins Full Operations at Thursday Close

Nasdaq Texas Exchange Begins Full Operations at Thursday Close

Nasdaq said its Texas exchange will become fully operational at the close of trading on Thursday after regulators approved its listing rules. The exchange is now legally domiciled in Texas and will offer U.S. issuers a Texas-based listing option; several companies are expected to take dual listings. Nasdaq’s move is designed to deepen its presence …

Goldman Sachs Sees AI Advantages for Commercial Insurers, Upgrades AIG

Goldman Sachs Sees AI Advantages for Commercial Insurers, Upgrades AIG

Goldman Sachs argues that artificial intelligence could materially reshape segments of the property and casualty market, favoring commercial insurers that serve large, multinational clients and brokers handling complex risks. The bank upgraded American International Group to Buy on prospects for stronger earnings growth and improving return on equi…

Jefferies Picks Warrior Met Coal, Peabody Energy as Top Coal Stocks

Jefferies Picks Warrior Met Coal, Peabody Energy as Top Coal Stocks

Jefferies has identified Warrior Met Coal and Peabody Energy as its highest-rated stocks in the coal mining sector, citing current market positions and recent quarterly financial improvements. Warrior Met Coal, a metallurgical coal producer, holds the top slot, while Peabody Energy ranks second after reporting results that exceeded expectations for…