Market News
Breaking market news and updates
Zelenskyy Signals Ukraine Would Accept Reciprocal Energy Ceasefire, Presses Trump for Trilateral Summit
Zelenskyy says Kyiv would accept an energy ceasefire with Russia in any format and wants Trump to convene a trilateral summit with Putin, per Reuters via Astro Awani and CNBC.
U.S. Business Activity Hits More-Than-Five-Year High as September Flash Composite PMI Jumps to 58.4; Input Costs Fastest Since October 2022
S&P Global's flash U.S. Composite PMI rose to 58.4 in September from 56.0 in August, the highest since July 2021, as input costs hit their fastest pace since October 2022 amid the most widespread supply-chain delays since July 2022, per Reuters and tradingeconomics.com.
McDonald's Commits Up to $8.5 Billion Through 2036 to Fund Franchisee Overhaul, Targets Low-to-Mid 50% Operating Margin by 2030
McDonald's detailed a plan for up to $8.5 billion in franchisee support through 2036 and a low-to-mid 50% operating margin target for 2030, alongside AI-enabled drive-throughs and a hand-breaded chicken pilot, per CNBC and Yahoo Finance.
General Mills Tops Lowered Q1 Estimates as Sales Slip 3% and Yogurt Divestiture Weighs on Retail
General Mills posted fiscal Q1 sales of $4.39 billion, down 2.8%, and adjusted EPS of $0.75, both above lowered estimates, while reaffirming its full-year fiscal 2027 outlook amid a yogurt divestiture and rising input costs.
Royal Caribbean Confirms $3 Billion Deal for 50% of Sandals and Beaches, Backed by Morgan Stanley Debt
Royal Caribbean has agreed to buy a 50% stake in Sandals and Beaches Resorts for about $3 billion, funded with committed Morgan Stanley debt, with closing expected in early 2027.
Trump Says He Has Pushed for Diesel Export Ban as US Price Hits Record $6.53 a Gallon; Bessent Studying Options
Trump says he has pushed internally for a US diesel export ban as retail diesel hits a record $6.53 a gallon, while Treasury Secretary Scott Bessent says officials are examining whether a full or partial ban is feasible.
Berkshire Hathaway Raises Lennar Stake Past 10%, Filing Shows, as Homebuilder Shares Jump
Berkshire Hathaway's Lennar stake has crossed 10%, triggering Section 16 filings, as shares jump even though the homebuilder cut guidance and reported softer orders and margins.
Stock Market Today: Materials Leads While S&P 500 Finishes Flat
Materials led the session while the S&P 500 finishes flat. See the validated market scorecard, sector performance, and what traders are watching next.
AutoZone Beats on Earnings, Misses on Sales; Shares Rise 6% as Advance Auto Parts and O'Reilly Rally in Sympathy
AutoZone's Q4 EPS of $56.05 beat the InvestorsHub consensus while $6.6 billion in sales fell short; shares rose 6% in Tuesday trading and peers Advance Auto Parts and O'Reilly Automotive rallied in sympathy, per Yahoo Finance.
Lilly CEO Says 700,000 Seniors Started GLP-1s Since Medicare Coverage Began, With 70% on Lilly Drugs
Eli Lilly CEO Dave Ricks told CNBC that about 700,000 seniors have started GLP-1 drugs since Medicare coverage began July 1, with roughly 70% on Lilly medicines, under the temporary CMS Bridge program.
Binance Buys $100 Million of Circle Stock at $80.84 a Share, Signs Five-Year USDC Promotion Deal
Circle disclosed that Binance bought $100 million of its Class A shares at $80.84 each and signed a five-year deal to promote USDC, replacing prior 2024 and 2025 agreements.
Viking Therapeutics Shares Jump About 30% as VK2735 Maintenance Data Show Up to 97% of Weight Loss Retained
Viking Therapeutics shares jumped about 30% after the company said patients on reduced, less frequent VK2735 dosing kept up to 97% of prior weight loss, though the maintenance cohorts were small and the endpoints exploratory.
Stop watching.
Start winning.
50,000+ traders get our daily brief before the market opens.
You're subscribed!
Check your inbox.
Free. No spam. Unsubscribe anytime.
