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.
14,465 total articles
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…
Meta Platforms expanded its 2026 capital expenditure outlook, signaling an intensified commitment to building AI infrastructure even as the company pursues cost reductions and workforce changes. The move accompanies continued investment in AI model development, expanded advertising tools and new monetization efforts across its apps, set against reg…
UDR, Inc. plans to convert its common stock dividend schedule from quarterly to monthly payments, becoming the first residential REIT to do so. The change, announced ahead of the company’s earnings report, will take effect with the dividend payable in July 2026. UDR declared a monthly dividend of $0.145 per common share for the second quarter of 20…
William Blair downgraded several vulnerability management vendors to Market Perform, citing uncertainty around how advanced AI models may alter detection and remediation processes. The brokerage emphasized that overall cybersecurity spending remains resilient, even modestly growing, while market expectations now favor firms that can show accelerati…
Brazilian labor prosecutors filed lawsuits against five firms on April 29, including grain trader Cargill and meatpacker JBS, seeking substantial damages tied to alleged serious labor abuses in their supply chains. The cases trace back to a 2020 supply-chain tracking project. Prosecutors also reached agreements with nine other companies to strength…
OPEC+ ministers are expected to endorse a modest rise in official output quotas at their Sunday meeting, increasing targets by roughly 188,000 barrels per day. The vote comes even as a recent U.S.-Israeli conflict with Iran and the closure of the Strait of Hormuz have sharply curtailed exports from several major producers. The move would mirror las…
Meta Platforms is extending the operational lifespan of some of its data center servers from six to seven years in response to a pronounced shortfall in server supply driven by a memory chip shortage. Internal memos indicate the deficit is focused on non-AI servers and is expected to persist through 2027, with DRAM and hard disk drives cited as pri…
Robinhood’s stock tumbled 11% after the firm reported that crypto-driven volatility dented first-quarter trading volume growth, contributing to revenue and profit shortfalls. Transaction-based revenue rose modestly while cryptocurrency revenue plunged year-over-year, and analysts pointed to retail investor fatigue and intensifying competition in cr…
U.S. equity benchmarks finished lower as a sharp rise in crude oil, linked to reports of planned disruptions to Iranian port traffic, amplified inflation concerns. The Federal Reserve held interest rates steady in a decision described as its most divided since 1992, and investors prepared for key earnings from several megacap technology companies d…
Airlines have continued to alter networks in response to the U.S.-Israeli war with Iran. Several Middle Eastern carriers have increased capacity recently after earlier disruptions, while many non-Gulf carriers maintain suspended services or reroute Europe-Asia traffic away from the region. The following reports airline-by-airline changes, listed al…
Avis Budget Group Inc. reported dramatic share price swings after Pentwater Capital Management disclosed a large stake and later sold 4.3 million shares. CEO Brian Choi identified those sales as the likely trigger for a steep decline in the company’s stock and indicated the firm may pursue options, citing possible Securities and Exchange Commission…
PayPal's stock climbed roughly 4% Wednesday afternoon after reports said the company will separate Venmo into its own standalone business unit as part of a larger corporate reorganization. The change will establish three operating segments - Venmo on its own, a PayPal-branded merchant-and-consumer arm, and a payment services division encompassing B…
Phillips 66 reported an adjusted profit for the first quarter after stronger refining margins, higher utilization and commercial upside helped the company move from a large refining loss a year earlier to a profitable quarter, despite significant mark-to-market losses on hedges caused by rising commodity prices.
A draft of SpaceX’s initial public offering prospectus indicates Starlink’s average revenue per subscriber dropped 18% to $81 per month from 2023 to 2025 even as its consumer subscriber base increased fourfold. The company attributes the decline to lower-priced plans and geographic expansion outside North America and expects ARPU to keep falling in…
U.S. Transportation Secretary Sean Duffy suggested that a small passenger fee might provide a reliable mechanism to fund ongoing modernization of the Federal Aviation Administration's air traffic control system. Speaking at an event hosted by American Airlines, Duffy said such a fee would offer an alternative funding pathway when congressional acti…
Stocks moved unevenly on Wednesday as company-specific news and quarterly updates drove sharp gains in some names and steep declines in others. Mega-cap technology and payments firms such as Intel and Visa led the advances, while several large- and mid-cap companies, including Teradyne and GE Healthcare units, weighed on indices. The day’s action p…
Traders face a dense schedule of U.S. economic releases on Thursday, April 30, 2026, led by the advance Gross Domestic Product report, Initial Jobless Claims and the Core Personal Consumption Expenditures Price Index. The suite of data arriving at 8:30 AM ET will illuminate growth, employment and inflation trends, while later releases including the…
United Airlines CEO Scott Kirby said on Tuesday that pursuing a merger with a smaller carrier may not justify the effort involved, while restating his ambition for a potential combination with American Airlines. Kirby emphasized the operational and management strain of integrating a small airline, declined to comment on speculation about JetBlue, a…
EU regulators have issued preliminary charges under the Digital Services Act against Meta Platforms, saying Facebook and Instagram failed to sufficiently prevent children under 13 from accessing the services. The move follows a two-year probe by the European Commission. Meta disputes the findings and says it will respond and announce further measur…
Bill Ackman’s Pershing Square USA closed-end fund began trading on the New York Stock Exchange, offering retail investors entry to a hedge-fund-style, stock-picking strategy at $50 per share. The offering raised roughly $5 billion and expands Pershing Square’s assets to about $25 billion. Ackman also listed his management company on the NYSE. The l…
Universal Music Group said it will divest half of its holding in Spotify and raise its total share repurchase program to €1 billion, adding a second €500 million buyback once an existing program completes. The announcement arrives amid an activist approach from Pershing Square that has proposed acquiring the company and highlighted concerns about t…
Regeneron Pharmaceuticals shares declined about 5.24% after the company reported a 10% year-over-year decrease in first-quarter sales of its flagship eye drug Eylea, with Eylea sales of $941 million and headwinds concentrated in the higher-dose Eylea HD. Analysts and the market cited regulatory timing for a second contract manufacturer and a clinic…
Irenic Acquisition Corp. completed an initial public offering of 22 million units at $10.00 per unit, generating $220 million in gross proceeds. Units began trading on the Nasdaq Global Market on April 28, 2026. Each unit includes one Class A ordinary share and one-third of a redeemable warrant; full warrants can be exercised to buy a Class A share…
Ford Motor will report first-quarter results after markets close on Wednesday. Analysts on Wall Street expect adjusted earnings per share of $0.19 on automotive revenue of $38.53 billion, reflecting a small rise in revenue and a larger increase in adjusted EPS year-over-year. Investors are poised to watch any updates to 2026 guidance and assess the…
