Markets News
Latest stock market news and real-time market analysis. Track S&P 500, Nasdaq, and Dow Jones movements, sector rotations, and breaking market events.
Transocean's Equinox Rig Returns to Work Amid $1.6B Backlog Surge
Transocean's Equinox rig has resumed drilling for Beach Energy in Australia's Otway Basin, while the company adds $1.6 billion in new backlog from contracts in Brazil, Norway, and the Eastern Mediterranean.
Snap Stock Upgraded by Redburn Ahead of Q1 Earnings Test
Rothschild Redburn upgraded Snap to Buy, doubling its price target to $10 ahead of Q1 earnings on May 6. The company plans to cut 1,000 jobs to save $500M annually by late 2026.
Lithium Americas Falls as HSBC Cuts Target, Thacker Pass Risks Resurface
Lithium Americas shares fell Tuesday after HSBC trimmed its price target to $4.75, renewing scrutiny on the Thacker Pass project's construction, tariff, and financing risks.
Nasdaq Futures Slide as OpenAI Misses Targets and Oil Breaks $110
Nasdaq 100 futures dropped 1.27% as OpenAI missed internal goals, pressuring AI-linked stocks. Brent crude surged above $111 on Middle East risks, adding to market caution ahead of tech earnings and the Fed decision.
Lucid Shares Plunge to New Low Despite $1B Infusion from Saudi PIF and Uber
Lucid shares fell to a 52-week low of $5.83 as investor concerns over dilution and weak Q1 revenue overshadowed a $1.05 billion capital raise from Uber and Saudi PIF.
Deere's New Plants and Recall: A Fraction of Midwest Job Cuts
Deere announces two new U.S. facilities creating 300 jobs and recalls 324 workers, but the moves are dwarfed by over 2,100 layoffs in 2024 amid weak farm demand and tariffs.
Wall Street Futures Dip as Oil Surges Past $111 and AI Concerns Mount
U.S. stock futures slipped Tuesday as Brent crude surged past $111 a barrel and AI-related stocks fell on reports that OpenAI missed internal targets. The Dow bucked the trend, pointing slightly higher.
Indian Equities Slip as Bank Stocks Weigh on Market; Nifty Tests 24,000
Indian equities fell on Tuesday, with Sensex down 359 points and Nifty testing 24,000 as bank stocks slumped after the RBI finalized expected credit-loss guidelines, overshadowing gains in energy and metal stocks.
ASX 200 Falls for Sixth Day as Oil Rally Stokes RBA Rate Jitters
The ASX 200 fell for a sixth consecutive session, closing at 8,710.7, as surging oil prices heightened inflation fears ahead of key CPI data.