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Latest Articles

Morgan Stanley’s Capital Goods Momentum Index Climbs to 58 in July

Morgan Stanley’s Capital Goods Momentum Index Climbs to 58 in July

Morgan Stanley’s Capital Goods Momentum Index (CAPMI) rose 5 points month-over-month to 58 in July, reflecting expansion across the bank’s tracked regions. The US and Europe each gained 5 points, Asia-Pacific added 3 points, and the Global component recorded the largest increase at 7 points. Sector drivers included General Industrial, Automotive, O…

Voyxact Preserves Kidney Function at Two Years in IgA Nephropathy, BTIG Says

Voyxact Preserves Kidney Function at Two Years in IgA Nephropathy, BTIG Says

BTIG analysts reviewed 24-month results from the VISIONARY trial of Voyxact (sibeprenlimab) in IgA nephropathy and found sustained improvement in estimated glomerular filtration rate (eGFR) versus placebo. The data met KDIGO benchmarks for slowing kidney decline. Otsuka has begun a rolling supplemental BLA and reported early commercial revenues and…

Thryv Shares Collapse After Disappointing Q2 Results and Weaker SaaS Outlook

Thryv Shares Collapse After Disappointing Q2 Results and Weaker SaaS Outlook

Thryv Holdings reported a much larger-than-expected adjusted loss and revenue shortfall for second-quarter 2026, triggering a steep intraday sell-off. A slowdown in SaaS growth and a downward revision to full-year SaaS guidance, combined with a restructuring announcement, intensified investor concerns even as the company unveiled a partnership with…

Jefferies Lowers Cigna to Hold Citing Mounting 2027 Earnings Risks

Jefferies Lowers Cigna to Hold Citing Mounting 2027 Earnings Risks

Jefferies downgraded Cigna from Buy to Hold and trimmed its price target to $307 from $336, arguing that several growing earnings risks and a paucity of near-term catalysts justify a more cautious stance despite a depressed valuation. The firm reduced its 2027 earnings estimate to $32.77 per share, about 1% below consensus, and highlighted potentia…

Putin removes withdrawal limits on some foreign-held deposits in Russia

Putin removes withdrawal limits on some foreign-held deposits in Russia

Russian President Vladimir Putin signed a decree that lifts withdrawal restrictions on certain bank deposits held by foreign nationals and by Russian-registered branches and representative offices of foreign companies. The change applies to ruble equivalents credited to special Type C accounts between June 1, 2026 and the decree's effective date, A…

Salmonella Report Sparks Sharp Selloff in Chipotle Shares

Salmonella Report Sparks Sharp Selloff in Chipotle Shares

Chipotle Mexican Grill shares plunged after Minnesota health officials linked a salmonella outbreak affecting 110 people to jalapeños served at the chain’s restaurants in the state. The company removed the suspect jalapeños from impacted stores and is cooperating with investigators. The news erased part of a recent post-earnings rally and came amid…

Oracle’s AI push strains balance sheet as ratings teeter on the brink

Oracle’s AI push strains balance sheet as ratings teeter on the brink

Oracle’s aggressive investment in AI infrastructure has left the company with negative free cash flow, hefty borrowing and near-junk credit ratings. Large long-term data centre leases, rising capital expenditure plans and concentrated future revenue commitments have prompted ratings agencies and investors to reassess the company’s financial resilie…

Unstarted Data-Centre Leases Push Big Tech Commitments Past $1 Trillion

Unstarted Data-Centre Leases Push Big Tech Commitments Past $1 Trillion

Microsoft, Meta, Oracle, Amazon and Alphabet have disclosed roughly $1.09 trillion in future lease payments for facilities that have not yet become operational. Most of the commitments are for data centres intended to support accelerating artificial intelligence workloads. Because accounting rules generally defer recognition until assets are availa…

Chipotle Pulls Jalapeños in Minnesota Amid Salmonella Probe, Shares Slip

Chipotle Pulls Jalapeños in Minnesota Amid Salmonella Probe, Shares Slip

Chipotle Mexican Grill removed jalapeños from all Minnesota locations that received the product after peppers were potentially tied to a salmonella outbreak that has sickened 110 people in the state. Minnesota health officials say the full scope of the outbreak is not yet known and that other restaurants and additional states may be involved. Chipo…

Michigan Confirms First Deaths as Cyclosporiasis Cases Top 11,500

Michigan Confirms First Deaths as Cyclosporiasis Cases Top 11,500

Michigan health authorities reported 11,508 confirmed cyclosporiasis cases and the state's first two deaths tied to the outbreak. The U.S. Food and Drug Administration has linked the outbreak to iceberg lettuce served at Taco Bell and supplied by Taylor Farms operations in central Mexico. The illness has spread across nine states; Michigan has reco…

Snail, Inc. Subsidiary Egofold Introduces AI Ranch and NHPs™, a New Generation of AI Gaming Companions, at Ai4 2026

Snail, Inc. Subsidiary Egofold Introduces AI Ranch and NHPs™, a New Generation of AI Gaming Companions, at Ai4 2026

Snail, Inc.'s subsidiary, Egofold, has introduced AI Ranch and Non-Human Players™ (NHPs™), a new AI-driven technology for video games that creates adaptive, learning AI companions, designed to evolve alongside players for enhanced engagement. These innovations were debuted at Ai4 2026, showcasing the company's dedication to leveraging AI to transfo…

Buy the Dip: Allied Gold Is Oversold After Zijin Abandons Takeover

Buy the Dip: Allied Gold Is Oversold After Zijin Abandons Takeover

Allied Gold's price collapse following the termination of Zijin's takeover bid looks excessive. The company remains a producing gold miner with operating optionality and near-term catalysts that can re-anchor the stock. This is a tactical long recommendation with defined entry, stop and target for a long-term (180 trading days) recovery play.

Novo Nordisk Surpasses Q2 Profit Estimates, Lifts Full-Year Guidance

Novo Nordisk Surpasses Q2 Profit Estimates, Lifts Full-Year Guidance

Novo Nordisk reported second-quarter adjusted operating profit that exceeded analyst forecasts and raised its outlook for full-year profit and sales. The Danish drugmaker, led by CEO Mike Doustdar since last year, is pushing a turnaround centered on the recently launched Wegovy pill while pursuing legal action against U.S. rival Eli Lilly over adve…