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.
14,463 total articles
RRE Ventures Acquisition Corp. priced an initial public offering of 25 million units at $10.00 each, raising $250 million. Units are slated to begin trading on the Nasdaq Global Market under the ticker RREVU on April 30, 2026, with the offering expected to close on May 1, 2026, subject to customary conditions.
Becle, the world’s largest tequila producer, reported a 67% fall in first-quarter net profit as revenues dropped 23% and volumes contracted sharply in its largest North American markets. Management pointed to strategic discipline during a difficult industry environment and a U.S. distribution restructuring that weighed on sales in the United States…
Mountain Crest Acquisition 6 Corp. has priced an initial public offering of 6 million units at $10 per unit, raising $60 million. The British Virgin Islands-incorporated special purpose acquisition company structured each unit as one ordinary share plus one right, with each right convertible into one-fourth of an ordinary share upon completion of i…
MGM Resorts International reported first-quarter adjusted earnings per share of $0.49, below the $0.53 consensus compiled by LSEG, as softer demand in Las Vegas weighed on profitability. Total company revenue rose 4.1% to $4.45 billion for the quarter ended March 31, with Las Vegas Strip Resorts producing $2.2 billion and MGM China revenue increasi…
Microsoft reported a 40% year-over-year increase in revenue from its Azure cloud unit for the quarter, matching consensus estimates but falling short of what investors sought given intensifying competition in artificial intelligence. The stock dipped more than 2% in after-hours trading as rival Google Cloud posted substantially stronger growth and …
LinkedIn, the Microsoft-owned professional network, told investors and customers that its recruiter-oriented agentic AI products are on track to generate $450 million in revenue over the next 12 months. The company highlighted two main products, targeted at large enterprises and small businesses, which automate candidate sourcing by executing recru…
Mexico's main equity index finished lower on Wednesday, with declines concentrated in the Industrials, Consumer Goods & Services and Consumer Staples sectors. The S&P/BMV IPC fell 0.26% at the close. While several large-cap names posted gains, notable declines among cable, personal care and insurance stocks helped tilt the market downward. Commodit…
Colombian stocks declined at Wednesday's close, with the COLCAP index falling 1.03% to a three-month low. Losses were concentrated in the Financials, Investment and Public Services sectors. Among individual names, Ecopetrol ended higher while Promigas and Grupo de Inversiones Suramericana saw the largest declines. Commodity and currency moves were …
Russia's stock market closed lower on Wednesday, with the MOEX Russia Index falling 2.16% to a three-month low. Declines were concentrated in the Mining, Oil & Gas and Power sectors. Market breadth was negative, the Russian Volatility Index rose, and major commodity and currency contracts showed notable moves.
The chair of the Senate Foreign Relations Committee will press for stepped-up international cooperation and public attribution of attacks on undersea communications cables, citing multiple suspected sabotage incidents since 2022 and naming concerns about Russian and Chinese activity. Federal regulators and allied navies have already signaled policy…
KLA Corp projected fourth-quarter revenue higher than analyst estimates, citing robust demand for its chipmaking and process-control equipment as semiconductor manufacturers scale production of processors used in artificial intelligence applications. Despite the upbeat outlook, the company's shares dropped more than 7% in after-hours trading. KLA a…
Shares of several large-cap companies moved sharply in after-hours trading following the release of quarterly results. Meta Platforms plunged despite raising its full-year capital expenditure target, while Alphabet and several other names rallied after reporting stronger-than-expected metrics. Results for other firms prompted more muted or mixed re…
Carvana reported a rise in net income and revenue for the quarter ended March 31, supported by continued consumer demand for preowned vehicles while facing pressure on per-unit margins from higher reconditioning costs and lower shipping fees. The company says recent changes to labor and internal tools are beginning to show results in the current qu…
Starbucks reported its strongest quarterly sales growth in two and a half years, driven by broad-based traffic gains across income cohorts and a suite of operational changes under CEO Brian Niccol. The upside in revenue pushed the stock sharply higher, yet operating margins remain below historical levels as investments in staffing and other cost pr…
Canadian equities finished lower on Wednesday, with the S&P/TSX Composite retreating 0.79% as declines across the Materials, Real Estate and Industrials sectors pulled the index down. A handful of stocks posted strong gains, while some large-cap names suffered double-digit percentage drops. Commodity prices moved unevenly, with crude oil rising sha…
Brazil's Bovespa index closed lower on Wednesday, retreating 2.05% as losses in Financials, Industrials and Real Estate sectors pulled the market down. While a handful of stocks posted gains, the session saw more decliners than advancers. Commodities and currency markets registered significant moves, with June crude oil rising sharply and gold futu…
U.S. equity markets closed mixed on Wednesday as gains in the Oil & Gas, Consumer Services and Telecoms sectors were offset by losses in Utilities, Basic Materials and Consumer Goods. The Dow Jones Industrial Average fell 0.57%, the S&P 500 edged down 0.04%, and the Nasdaq Composite ticked up 0.04%. Heavy individual-stock moves — both up and down —…
Boeing's ViaSat-3 F3 satellite launched from Kennedy Space Center aboard a SpaceX Falcon Heavy rocket and is operating normally as it travels to geostationary orbit. The spacecraft separated from the rocket about five hours after liftoff and has been acquired by Boeing’s Mission Control in El Segundo, which began initialization steps ahead of orbit…
Mattel raised its adjusted earnings-per-share forecast for the year after reporting first-quarter sales that outperformed analyst estimates, driven by resilient toy demand and growth in its entertainment business. The company highlighted progress on an IP-led strategy, completed the buyout of a China joint venture stake, and flagged margin pressure…
Qualcomm reported second quarter fiscal 2026 results that largely met analyst expectations, posting adjusted EPS of $2.65 and revenue of $10.6 billion. Despite the quarter's modest beats, the company provided third-quarter revenue and EPS guidance below consensus, sending the stock down 4.5%. Management cited memory supply constraints and continuin…
Ford raised its full-year projected earnings before interest and taxes to $8.5 billion-$10.5 billion, a $500 million upward revision tied to a large tariff refund following a U.S. Supreme Court decision. The automaker recorded a first-quarter adjusted EPS of $0.66 and a net profit of $2.5 billion, but warned that higher-than-expected tariff expense…
Amazon Web Services reported quarterly revenue that exceeded analyst expectations, driven by rising enterprise spending tied to artificial intelligence adoption and recent strategic agreements with leading AI firms. The cloud unit's growth, paired with large planned capital expenditures and commitments from AI partners, has supported Amazon's stock…
Microsoft reported faster cloud revenue growth in the March quarter while capital expenditure climbed but remained below analyst forecasts. Azure revenue rose 40% year-over-year, matching consensus, even as Microsoft sought to reassure investors about returns on its AI investments. The company also expanded AI model offerings and revised its OpenAI…
Alphabet reported quarterly results that beat expectations at its cloud computing arm as enterprise demand for AI infrastructure remained strong. Google Cloud revenue rose 63% to $20 billion, contributing to total first-quarter revenue of $109.9 billion, while the cloud unit’s backlog climbed to more than $460 billion. The results highlight Alphabe…
Qualcomm warned that fiscal third-quarter revenue and adjusted earnings will fall short of Wall Street expectations, citing a squeeze from rising memory prices that has depressed consumer electronics demand. Shares slipped in after-hours trading. CEO Cristiano Amon said the company sees the smartphone market stabilizing after its fiscal third quart…
