FINWIRES — Financial News

Sector Update: Consumer Stocks Advance Premarket Monday

Consumer stocks were advancing premarket Monday, with the State Street Consumer Staples Select Sector SPDR ETF (XLP) up 1% and the State Street Consumer Discretionary Select Sector SPDR ETF (XLY) 1.3% higher.Marriott International (MAR) stock was down more than 2% after the company issued Q3 adjusted earnings outlook below analysts' expectations.Tyson Foods (TSN) shares were down more than 2% after the company reported lower fiscal Q3 sales.MakeMyTrip (MMYT) stock was up more than 7% after the company posted higher fiscal Q1 adjusted earnings and revenue.

$MAR$MMYT$TSN$XLP$XLY

Sectors4d ago

Sector Update: Financial Stocks Edge Higher Premarket Monday

Financial stocks were edging higher premarket Monday, with the State Street Financial Select Sector SPDR ETF (XLF) advancing by 0.8%.The Direxion Daily Financial Bull 3X Shares (FAS) was 2.3% higher and its bearish counterpart Direxion Daily Financial Bear 3X Shares (FAZ) was down 2.9%.Mitsubishi UFJ Financial Group (MUFG) shares were up more than 2% after the company posted higher fiscal Q1 earnings and revenue.KKR (KKR) completed the final close of its $19.2 billion Global Infrastructure Investors V fund, which focuses on critical infrastructure investments in North America and Western Europe, the company said. KKR stock was up more than 1% pre-bell.CNA Financial (CNA) shares were down 0.5% after the company reported a decline in Q2 core income.

$CNA$FAS$FAZ$KKR$MUFG$XLF

Sectors4d ago

Sector Update: Healthcare Stocks Rise Pre-Bell Monday

Healthcare stocks were rising pre-bell Monday, with the State Street Health Care Select Sector SPDR ETF (XLV) 1.2% higher and the iShares Biotechnology ETF (IBB) advancing by 0.8%.AstraZeneca (AZN) is in talks with Bristol Myers Squibb (BMY) about a potential combination that would create a pharmaceutical company valued at nearly $400 billion, the Financial Times reported, citing unnamed people familiar with the matter. Astrazeneca stock was 7% lower, while Bristol Myers Squibb shares were up more than 3% premarket.Supernus Pharmaceuticals (SUPN) and Indivior Pharmaceuticals (INDV) said they will merge in a tax-free, all-stock deal. Shares of Supernus Pharmaceuticals were up more than 14% and Indivior Pharmaceuticals stock advanced past 1% pre-bell.KKR (KKR) entered into a definitive agreement to acquire Integer (ITGR) through affiliated funds in an all-cash transaction at an enterprise value of $5.7 billion, the companies said. Integer shares were up more than 2% premarket.

$AZN$BMY$IBB$INDV$ITGR$KKR$SUPN$XLV

Sectors4d ago

Sector Update: Tech Stocks Decline Pre-Bell Monday

Technology stocks were declining pre-bell Monday, with the State Street Technology Select Sector SPDR Fund (XLK) down 0.4% and the State Street SPDR S&P Semiconductor ETF (XSD) 0.3% lower.Alibaba (BABA) said in a social media post that it launched Qwen3.8-Max, its latest large language model, and plans to release the model's open weights next week alongside Qwen3.8-27B. Shares of Alibaba Group Holding were up more than 3% premarket.Sportradar (SRAD) stock fell past 18% after the company reported that it swung to a Q2 loss, while revenue increased during the period. Sportradar also cut its 2026 revenue outlook.D-Wave Quantum (QBTS) and Nasdaq's (NDAQ) financial crime management unit Nasdaq Verafin said they have signed an agreement to evaluate using quantum computing to improve financial crime detection. D-Wave Quantum shares were 0.3% higher premarket.

$BABA$NDAQ$QBTS$SRAD$XLK$XSD

Sectors4d ago

Sector Update: Energy

Energy stocks were falling pre-bell Monday, with the State Street Energy Select Sector SPDR ETF (XLE) declining by 1.3%.The United States Oil Fund (USO) was down 7% and the United States Natural Gas Fund (UNG) was 0.5% higher.Front-month US West Texas Intermediate crude oil was 6.7% lower at $78.97 per barrel at the New York Mercantile Exchange. Global benchmark North Sea Brent crude oil fell 5.8% to $82.81 per barrel, and natural gas futures were up 2% at $2.80 per 1 million British Thermal Units.Chevron (CVX) said it will expand its North American base oils distribution network through new agreements with HF Sinclair Lubricants & Specialties and Renkert Oil, starting May 1, 2027. Shares of Chevron were down more than 1% premarket.

$CVX

Sectors4d ago

Sector Update: Consumer

Consumer stocks were advancing premarket Monday, with the State Street Consumer Staples Select Sector SPDR ETF (XLP) up 0.9% and the State Street Consumer Discretionary Select Sector SPDR ETF (XLY) 1.2% higher.Marriott International (MAR) stock was down more than 2% after the company issued Q3 adjusted earnings per share outlook below analysts' expectations.

$MAR

Sectors4d ago

Sector Update: Financial

Financial stocks were edging higher premarket Monday, with the State Street Financial Select Sector SPDR ETF (XLF) advancing by 0.9%.The Direxion Daily Financial Bull 3X Shares (FAS) was 2.3% higher and its bearish counterpart Direxion Daily Financial Bear 3X Shares (FAZ) was down 1.9%.Mitsubishi UFJ Financial Group (MUFG) shares were up more than 1% after the company posted higher fiscal Q1 earnings and revenue.

$MUFG

Sectors4d ago

Sector Update: Healthcare

Healthcare stocks were rising pre-bell Monday, with the State Street Health Care Select Sector SPDR ETF (XLV) 1.2% higher and the iShares Biotechnology ETF (IBB) advancing by 0.5%.AstraZeneca (AZN) is in talks with Bristol Myers Squibb (BMY) about a potential combination that would create a pharmaceutical company valued at nearly $400 billion, the Financial Times reported, citing unnamed people familiar with the matter. Astrazeneca stock was 7% lower, while Bristol Myers Squibb shares were up more than 4% premarket.

$AZN$BMY

Sectors4d ago

Sector Update: Tech

Technology stocks were mixed pre-bell Monday, with the State Street Technology Select Sector SPDR Fund (XLK) down 0.3% and the State Street SPDR S&P Semiconductor ETF (XSD) 0.6% higher.Alibaba (BABA) said in a social media post that it launched Qwen3.8-Max, its latest large language model, and plans to release the model's open weights next week alongside Qwen3.8-27B. Shares of Alibaba Group Holding were up more than 3% premarket.

$BABA

Sectors7d ago

Sector Update: Energy Stocks Rise Late Afternoon

Energy stocks were higher late Friday afternoon, with the NYSE Energy Sector Index rising 0.6% and the State Street Energy Select Sector SPDR ETF (XLE) adding 0.7%.The Philadelphia Oil Service Sector Index was climbing 2.3%, and the Dow Jones US Utilities Index decreased 0.4%.In geopolitical news, Iran said Friday that it had targeted US military assets at Kuwait's Ahmad Al-Jaber airbase, describing the attack as retaliation for US strikes a day earlier, Al Jazeera reported Friday. The US has not responded to Iran's attack yet, and specific details about the damage and casualties are not known, the report said.Separately, President Donald Trump said the US has an "understanding" with Israel to start implementing an agreement in Gaza that would require Israeli forces to withdraw and Hamas to give up its weapons, a critical step in implementing a multi-phase peace plan to end the war, according to CNN. A senior Hamas official told CNN that the militant group had agreed to the deal with the US-backed Board of Peace, contingent on Israel upholding its obligations. Hamas has never before agreed to a specific plan to hand over its weapons, according to CNN.Front-month West Texas Intermediate crude oil rose 1.3% to $84.64 a barrel, and the global benchmark Brent crude contract added 1.2% to $90.12 a barrel. Henry Hub natural gas futures shed 0.4% to $2.75 per 1 million BTU.In corporate news, Exxon Mobil (XOM) and Chevron (CVX) on Friday reported year-over-year gains in their Q2 results as the supply disruptions in the Middle East boosted oil prices. Exxon shares were down 0.8%, and Chevron rose 2.5%.Phillips 66 (PSX) said Friday its board authorized an additional $10 billion of share repurchases, increasing the company's buyback capacity as the remaining authorization nears depletion. Phillips 66 shares were up 0.4%.Shell (SHEL) has agreed to sell its BG Cyprus subsidiary to MOL Group for up to $720 million, subject to customary adjustments and milestone-linked contingent payments, the company said Friday. Shell shares were up 1.4%.BP (BP) said Friday it has launched a process to market its North Sea oil and gas business for a potential sale as part of its broader portfolio review. BP shares rose 1.9%.

$BP$CVX$PSX$SHEL$XOM

Sectors7d ago

Sector Update: Financial Stocks Edge Higher Late Afternoon

Financial stocks were slightly higher in late Friday afternoon trading, with the NYSE Financial Index and the State Street Financial Select Sector SPDR ETF (XLF) each fractionally higher.The Philadelphia Housing Index was decreasing 0.3%, and the State Street Real Estate Select Sector SPDR ETF (XLRE) was shedding 0.5%.Bitcoin (BTC-USD) was falling 2.7% to $62,986, and the yield for 10-year US Treasuries climbed 8.2 basis points to 4.745%.In economic news, US consumer sentiment jumped in July amid broad-based gains across demographic groups, while year-ahead inflation expectations eased, final results of a survey by the University of Michigan showed Friday. The main sentiment index increased nearly 12% sequentially to 55.2 this month. The gauge for current economic conditions jumped to 54.8 from 47.7, while the index of consumer expectations advanced 9.3% to 55.4, according to the survey.In sector news, Jefferies Financial's (JEF) Point Bonita fund is one of at least two creditors currently reviewing their exposure to Radiant World after two trading houses found invoices or other documents the company provided to banks were not valid, Bloomberg reported. Jefferies shares were down 0.4%.Coinbase (COIN) shares fell 7.8% on Friday, a day after the company reported lower-than-expected Q2 results.Apollo Global Management (APO) and KKR (KKR) are facing increased scrutiny from US insurance regulators over fast-growing multi-asset securitization structures that officials say could pose transparency and "circular ownership" risks, the Financial Times reported. Apollo shares were up 3.8%, and KKR was gaining 0.2%.HSBC (HSBC) said Friday it expects to incur $300 million in restructuring costs and write-offs following its decision to sell its Australian home loans and personal loans portfolio and wind down the remainder of the retail business in the country over the next 18 months. Separately, HSBC has held early talks to transfer billions of pounds of assets from its UK pension scheme to insurers after being approached by potential buyers, Bloomberg reported. HSBC shares were down 0.6%.

$APO$COIN$HSBC$JEF$KKR

Sectors7d ago

Sector Update: Tech Stocks Mixed Late Afternoon

Tech stocks were mixed late Friday afternoon, with the State Street Technology Select Sector SPDR ETF (XLK) down 0.1% and the State Street SPDR S&P Semiconductor ETF (XSD) rising 1.6%.The Philadelphia Semiconductor index added 1%.In corporate news, Amazon's (AMZN) Web Services cloud-computing unit reported overnight the fastest sales growth in 18 quarters, helping the e-commerce giant handily exceed market expectations for Q2 earnings and revenue. Its shares jumped past 15%.Apple (AAPL) shares fell past 8% after the company missed market estimates for iPad and services revenue in its fiscal Q3 results released late Thursday. The tech giant recently increased prices for MacBooks and iPads amid surging memory and storage chip costs.NXP Semiconductors (NXPI) is in talks to buy Ambarella (AMBA), a designer of chips used in the camera technology for self-driving cars, the Financial Times reported. Ambarella shares surged 17%, and NXP shares were down 6%.Roblox (RBLX) shares fell 27% in Friday trading after it withdrew its 2026 guidance.

$AAPL$AMBA$AMZN$NXPI$RBLX

Sectors7d ago

Sector Update: Consumer Stocks Mixed Late Afternoon

Consumer stocks were mixed late Friday afternoon, with the State Street Consumer Staples Select Sector SPDR ETF (XLP) decreasing 0.3% and the State Street Consumer Discretionary Select Sector SPDR ETF (XLY) rising 3.3%.In sector news, US consumer sentiment jumped in July amid broad-based gains across demographic groups, while year-ahead inflation expectations eased, final results of a survey by the University of Michigan showed Friday. The main sentiment index increased nearly 12% sequentially to 55.2 this month. The gauge for current economic conditions jumped to 54.8 from 47.7, while the index of consumer expectations advanced 9.3% to 55.4, according to the survey.New York Attorney General Letitia James and New York Governor Kathy Hochul sued Kalshi on Friday, alleging its prediction market platform operates as an illegal gambling business under state law. The lawsuit claims Kalshi allows users, including those under 21, to place bets on uncertain events without a state gaming license, violating New York gambling laws.In corporate news, Newell Brands' (NWL) Q2 earnings unexpectedly rose year over year on the back of tariff refunds, while the consumer products manufacturer returned to revenue growth for the first time in more than four years. Its shares jumped past 11%.California Governor Gavin Newsom has expressed concerns about the effect on state employment should the state's lawsuit result in the blocking of Paramount Skydance's (PSKY) acquisition of Warner Bros. Discovery (WBD), The Wall Street Journal reported. The governor's office has encouraged Attorney General Rob Bonta's office to find an out-of-court resolution, the report said. Paramount shares rose 1.5%, and Warner added 2.9%.General Motors (GM) intends to launch an in-vehicle AI system later this year, CNBC reported Friday, citing an interview with Anna Santos, GM's director of product management of voice and AI/machine learning. GM shares were up 0.3%.T-Mobile US (TMUS) executives have informed Deutsche Telekom, its controlling shareholder, that they no longer support a proposed $300 billion merger between the two companies, Semafor reported. T-Mobile US shares were down 0.5%.

$GM$NWL$PSKY$TMUS$WBD

Sectors7d ago

Sector Update: Healthcare Stocks Decline Late Afternoon

Healthcare stocks fell late Friday afternoon with the NYSE Healthcare Index shedding 0.7% and the State Street Health Care Select Sector SPDR ETF (XLV) decreasing 0.4%.The iShares Biotechnology ETF (IBB) dropped 1.7%.In corporate news, Novo Nordisk (NVO) shares fell past 9% after it said a late-stage trial of ziltivekimab was unable to reduce major adverse cardiovascular events, compared with a placebo.AbbVie (ABBV) lowered its full-year earnings guidance on Friday to account for the expected dilution from its planned acquisition of Apogee Therapeutics (APGE), despite reporting stronger-than-expected Q2 results. AbbVie shares were down 2%.CareDx (CDNA) shares jumped past 14% a day after Q2 results beat market expectations and the company lifted its 2026 revenue guidance.Replimune (REPL) shares surged 101% after the company late Thursday reported a favorable outcome of the US Food and Drug Administration's Cellular, Tissue, and Gene Therapies Advisory Committee Meeting for RP1 in advanced melanoma.

$ABBV$CDNA$NVO$REPL

Sectors7d ago

Sector Update: Energy

Energy stocks were higher late Friday afternoon, with the NYSE Energy Sector Index rising 0.6% and the State Street Energy Select Sector SPDR ETF (XLE) adding 0.7%.The Philadelphia Oil Service Sector Index was climbing 2.3%, and the Dow Jones US Utilities Index decreased 0.4%.Front-month West Texas Intermediate crude oil rose 1.3% to $84.64 a barrel, and the global benchmark Brent crude contract added 1.2% to $90.12 a barrel. Henry Hub natural gas futures shed 0.4% to $2.75 per 1 million BTU.In corporate news, Shell (SHEL) has agreed to sell its BG Cyprus subsidiary to MOL Group for up to $720 million, subject to customary adjustments and milestone-linked contingent payments, the company said Friday. Shell shares were up 1.4%.

$SHEL

Sectors7d ago

Sector Update: Financial

Financial stocks were slightly higher in late Friday afternoon trading, with the NYSE Financial Index and the State Street Financial Select Sector SPDR ETF (XLF) each fractionally higher.The Philadelphia Housing Index was decreasing 0.3%, and the State Street Real Estate Select Sector SPDR ETF (XLRE) was shedding 0.5%.Bitcoin (BTC-USD) was falling 2.7% to $62,986, and the yield for 10-year US Treasuries climbed 8.2 basis points to 4.745%.In sector news, Jefferies Financial's (JEF) Point Bonita fund is one of at least two creditors currently reviewing their exposure to Radiant World after two trading houses found invoices or other documents the company provided to banks were not valid, Bloomberg reported. Jefferies shares were steady.

$JEF

Sectors7d ago

Sector Update: Tech

Tech stocks were mixed late Friday afternoon, with the State Street Technology Select Sector SPDR ETF (XLK) decreasing 0.1% and the State Street SPDR S&P Semiconductor ETF (XSD) rising 1.6%.The Philadelphia Semiconductor index added 0.9%.In corporate news, NXP Semiconductors (NXPI) is in talks to buy Ambarella (AMBA), a designer of chips used in the camera technology for self-driving cars, the Financial Times reported. Ambarella shares surged 17%, and NXP was down 5.8%.

$AMBA$NXPI

Sectors7d ago

Sector Update: Consumer

Consumer stocks were mixed late Friday afternoon, with the State Street Consumer Staples Select Sector SPDR ETF (XLP) decreasing 0.3% and the State Street Consumer Discretionary Select Sector SPDR ETF (XLY) rising 3.3%.In corporate news, California Governor Gavin Newsom has expressed concerns about the effect on state employment should the state's lawsuit result in the blocking of Paramount Skydance's (PSKY) acquisition of Warner Bros. Discovery, The Wall Street Journal reported. The governor's office has encouraged Attorney General Rob Bonta's office to find an out-of-court resolution, the report said. Paramount shares rose 1.3%, and Warner added 2.9%.

$PSKY$WBD

Sectors7d ago

Sector Update: Healthcare

Healthcare stocks fell late Friday afternoon with the NYSE Healthcare Index shedding 0.7% and the State Street Health Care Select Sector SPDR ETF (XLV) decreasing 0.4%.The iShares Biotechnology ETF (IBB) dropped 1.7%.In corporate news, CareDx (CDNA) shares rose 15% a day after Q2 results beat market expectations and the company lifted its 2026 revenue guidance.

$CDNA

Sectors7d ago

September WTI Crude Oil Contract Closes Up $1.08, or 1.3%; Settles at $84.67 per Barrel. September Brent Oil Was Last Seen Up $1.07, or 1.2%, to $90.10 per Barrel

$CLU6$LCOU6$USO

Financial News · Live Terminal

Sector Update: Consumer Stocks Advance Premarket Monday

Sector Update: Financial Stocks Edge Higher Premarket Monday

Sector Update: Healthcare Stocks Rise Pre-Bell Monday

Sector Update: Tech Stocks Decline Pre-Bell Monday

Sector Update: Energy

Sector Update: Consumer

Sector Update: Financial

Sector Update: Healthcare

Sector Update: Tech

Sector Update: Energy Stocks Rise Late Afternoon

Sector Update: Financial Stocks Edge Higher Late Afternoon

Sector Update: Tech Stocks Mixed Late Afternoon

Sector Update: Consumer Stocks Mixed Late Afternoon

Sector Update: Healthcare Stocks Decline Late Afternoon

Sector Update: Energy

Sector Update: Financial

Sector Update: Tech

Sector Update: Consumer

Sector Update: Healthcare

September WTI Crude Oil Contract Closes Up $1.08, or 1.3%; Settles at $84.67 per Barrel. September Brent Oil Was Last Seen Up $1.07, or 1.2%, to $90.10 per Barrel

Sector Update: Consumer Stocks Advance Premarket Monday

Sector Update: Financial Stocks Edge Higher Premarket Monday

Sector Update: Healthcare Stocks Rise Pre-Bell Monday

Sector Update: Tech Stocks Decline Pre-Bell Monday

Sector Update: Energy

Sector Update: Consumer

Sector Update: Financial

Sector Update: Healthcare

Sector Update: Tech

Sector Update: Energy Stocks Rise Late Afternoon

Sector Update: Financial Stocks Edge Higher Late Afternoon

Sector Update: Tech Stocks Mixed Late Afternoon

Sector Update: Consumer Stocks Mixed Late Afternoon

Sector Update: Healthcare Stocks Decline Late Afternoon

Sector Update: Energy

Sector Update: Financial

Sector Update: Tech

Sector Update: Consumer

Sector Update: Healthcare

September WTI Crude Oil Contract Closes Up $1.08, or 1.3%; Settles at $84.67 per Barrel. September Brent Oil Was Last Seen Up $1.07, or 1.2%, to $90.10 per Barrel