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Breaking market news and updates
House China Committee Report Ties Webull to Beijing, Triggering Sharp Slide in BULL Shares
A House Select Committee on China report says Webull is structurally tied to Beijing through its workforce, data and ownership; Webull disputes the claims as BULL shares fall sharply.
Penguin Solutions Shares Jump Premarket After Fiscal Q4 Revenue, Adjusted EPS Top Estimates
Penguin Solutions shares climbed in premarket trading after fiscal Q4 adjusted EPS of $1 and revenue of $566.7 million topped FactSet consensus estimates, according to CNBC and Seeking Alpha.
NHC Upgrades Gulf System to Tropical Storm Isaias, Expects Hurricane to Approach Northern Gulf Coast Friday
The NHC upgraded a Gulf depression to Tropical Storm Isaias and forecasts rapid strengthening to a hurricane nearing the northern Gulf Coast Friday; oil prices rose.
RBI Raises Repo Rate to 5.50% in First Hike Since 2023, Shifts to 'Calibrated Tightening'
The RBI raised its repo rate 25 basis points to 5.50%, its first hike since 2023, and shifted to a calibrated tightening stance as inflation broadens and its FY27 growth projection holds at 7.1%.
Trump Executive Order Lets Truckers Use Tax-Exempt Dyed Diesel on Highways Through Year-End
Trump's Oct. 5 executive order lets highway diesel users run tax-exempt dyed fuel through Dec. 31, 2026, deferring the 24.4-cent federal excise tax while leaving state taxes and final forgiveness unresolved.
Constellation Brands Reports Second-Quarter Fiscal 2027 Results, Sets Wednesday Call
Constellation Brands said it reported second-quarter fiscal 2027 results on Oct. 6, 2026, with CEO Nicholas Fink and CFO Garth Hankinson hosting an Oct. 7 investor call; specific EPS, sales and guidance figures were not in the materials reviewed.
Stock Market Today: Utilities Leads While S&P 500 Advances
Utilities led the session while the S&P 500 advances. See the validated market scorecard, sector performance, and what traders are watching next.
Energy Transfer to Acquire Vaquero Midstream for $2.625 Billion in Delaware Basin Expansion
Energy Transfer has agreed to acquire Vaquero Midstream for about $2.625 billion in cash and units, adding a Delaware Basin gathering and processing system the partnership says could expand to roughly 1.2 Bcf/d.
Uber to Acquire Workplace Catering Platform ezCater for $2.3 Billion in All-Cash Deal
Uber has agreed to buy workplace catering platform ezCater for $2.3 billion in an all-cash deal, expanding Uber Eats into business catering, according to QSR Web and The Edge Markets.
Marvell Schedules Investor Day for October 6, 2026 in New York City
Marvell will host its next Investor Day on the morning of Tuesday, October 6, 2026, in New York City, according to the company's investor relations calendar. No financial targets have been disclosed.
CD&R and McKesson Agree to Take Option Care Health Private in $5.8 Billion Deal
CD&R and McKesson have agreed to acquire Option Care Health for $32.05 a share, an enterprise value of roughly $5.8 billion, with closing targeted for the first half of 2027.
Anduril to Build $3.7 Billion 'Arsenal-2' Shipyard in Maryland, Backed by Up to $2.9 Billion Navy Contract
Anduril and the White House announced a $3.7 billion Arsenal-2 shipyard at Tradepoint Atlantic in Baltimore County, Maryland, backed by up to $2.9 billion from the Navy, to build Virginia-class submarine components from 2030.
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