Stockfinance
Rig Count Frozen at $116 Oil: U.S. Drillers Just Refused to Chase the Spike
2026-10-25
What happened, in one line The U.S. rig count stayed flat at 603 for a second straight week, even as Brent crude surged past $116 a barrel. Baker Hughes published the count on Friday, October 23, 2...
China's $3.5 Trillion Stock Rout Just Hit Bear-Market Territory — and Profits Are Still Falling
2026-10-25
China's stock market has lost $3.5 trillion in value since its peak in May, the CSI 300 has fallen into a bear market after 11 straight losing weeks, and third-quarter earnings are missing forecast...
India's Biggest IPO Just Closed 22x Oversubscribed: Jio Platforms Heads to an Oct. 28 Listing
2026-10-25
The short answer India's largest-ever IPO is done taking orders — and demand was enormous. Jio Platforms , the Reliance Industries digital and telecom arm behind India's biggest mobile network, clo...
HSBC Just Put a Stablecoin in 3.3 Million Pockets: RedCoin Launches on PayMe
2026-10-24
The Short Answer HSBC has launched RedCoin (ticker: RCHKD) , a stablecoin pegged one-for-one to the Hong Kong dollar, inside its PayMe payments app. The rollout began on October 23, 2026 and reache...
The Index Fell 1.2% — But 335 Stocks Rose: S&P 500 Breadth Just Hit Its Best Level Since August
2026-10-24
The Index Fell 1.2% — But 335 Stocks Rose The S&P 500's market breadth just hit its best level since mid-August: 61% of S&P 500 stocks are now trading above their 50-day moving average, even though...
Blackstone Stock Jumps 8.4%: A Beat That Was Actually a Decline — and Why Investors Bought It Anyway
2026-10-23
Blackstone Stock Jumps 8.4%: A Beat That Was Actually a Decline — and Why Investors Bought It Anyway Blackstone shares jumped 8.4% to $118.75 after the world's largest alternative asset manager bea...
Crown Castle Stock Jumps 9% After Hours on Report SpaceX Wants 80,000 Cell Sites for a Fourth U.S. Carrier
2026-10-22
SpaceX Reportedly Wants 80,000 Cell Sites — and Tower Stocks Just Lit Up Short answer: Bloomberg reported Thursday evening, October 22, that SpaceX is in talks to secure access to at least 80,000 U...
Moderna Stock Crashes 25% in Its Worst Day Ever: Leaked Cancer Vaccine Data Wipes Out $24 Billion
2026-10-22
Moderna stock fell about 25% — its worst day on record Moderna (NASDAQ: MRNA) shares sank more than 25% on Thursday, October 22, 2026 — last down 25.2% at $183.88 in Reuters' reporting, on pace for...
CSX Stock Jumps 4% After Hours: Record $4.02 Billion Revenue Powers a Freight Beat
2026-10-21
CSX in one line CSX (NASDAQ: CSX) reported record third-quarter 2026 revenue of $4.02 billion, up 12% year over year, and earnings of $0.57 per share — beating Wall Street expectations — and its st...
Equifax Stock Jumped 11% After Cutting Its Revenue Forecast — Here's Why Investors Cheered Anyway
2026-10-21
Equifax stock surged 11.3% after the credit bureau beat third-quarter earnings estimates and pointed to more than $1 billion in free cash flow this year — even though it cut its full-year revenue f...