Real-time financial, economic, and global news with market-focused context and analysis.
Coverage spans equities, macroeconomic data, commodities, currencies, technology, politics, and global events—paired with analysis that highlights why each development matters for traders and investors. From breaking headlines to hourly market snapshots and in-depth articles, the News Hub is designed to help you stay informed, oriented, and ahead of market-moving events.
Goldman Sachs upgraded J Sainsbury to 'neutral' from 'sell' and raised its 12-month price target to 360 pence from 325 pence after the grocer announced the sale of Argos to Swift Partners. The bank says the disposal removes the primary risk behind its previous negative stance by confirming management's willingness to make strategic changes concentr…
Truist Securities trimmed its rating on Intuit to Hold from Buy and cut its price target to $350 from $410, citing a softer growth outlook and a scarcity of near-term catalysts. Analyst Arvind Ramnani flagged a potential J-curve in growth, trade-offs across TurboTax, Mailchimp and desktop small-business software, and downward revisions to revenue f…
Philadelphia Fed President Anna Paulson said she remains uncertain about the appropriate path for interest rates and will base future decisions on trends in underlying inflation. In an essay, she described two possible outcomes: one where policy is already mildly restrictive and will bring inflation back to 2% in an acceptable time frame, and anoth…
US wheat futures retraced about 1.1% in pre-open trade after climbing to roughly a two-year high in the prior session. The pullback reflects profit-taking after a geopolitically-driven rally rather than a change in the wider supply story, with global production cuts and falling stocks still underpinning prices despite signs of logistical adaptation…
Kustom Entertainment finalized the sale of its legacy video solutions business to Cycurion for $6.1 million, completing its transformation into a pure-play live event and ticketing technology company. With this transaction, Kustom improves liquidity, reduces legacy operational overhead, and focuses wholly on expanding its live music festivals, prop…
Celsius is a growth brand that reads like a defensive consumer staple in everyday life: high-frequency purchases, broadened product portfolio (Alani Nu, Rockstar), and improving unit economics. At $28.30 the stock gives exposure to double-digit growth potential backed by $293M of free cash flow and a manageable balance sheet. This trade lays out an…
Window dressing is often treated as a December phenomenon, but institutional positioning commonly begins months earlier. With 2026 dominated by a storage/memory supercycle and an AI infrastructure surge, fund managers who lack exposure to these themes are likely to buy names ahead of quarter-end disclosures so they can show client-facing winners on…
Lam Research and Applied Materials both rallied in pre-market trading, but the fundamentals and immediate narratives differ. Lam delivered a record quarter with strong guidance and superior returns-on-capital metrics, while Applied heads into an Aug. 13 earnings report that has drawn high-profile analyst attention but also notable insider selling. …
Futures tied to Canada’s commodity-heavy main index moved up Tuesday as gold strengthened and oil reversed earlier gains following renewed signs that diplomatic negotiations may ease tensions in the Middle East. U.S. futures also climbed as traders digested mixed signals around potential U.S.-Iran talks and awaited major corporate earnings.
Akari Therapeutics announced a strategic research collaboration with WhiteHawk Therapeutics to combine their proprietary PH1 spliceosome-modulating payload with WhiteHawk's TOP1 inhibitor ADC platform. This collaboration aims to develop dual-payload antibody drug conjugates (ADCs) to expand therapeutic opportunities in oncology. The company also hi…
SharonAI Holdings Inc. stock climbed 5.0% in pre-market trading to $55 after the company revealed a five-year cloud computing services agreement worth $373 million with an unnamed global AI platform. The contract augments an expanding portfolio of long-term deals tied to SharonAI's AI infrastructure buildout in Australia and supports analysts' emph…
Deutsche Bank upgraded Palantir Technologies to Buy from Hold following second-quarter results the firm described as exceptional. Analyst Brad Zelnick highlighted rapid revenue acceleration, sizable gains in U.S. Commercial business and growing differentiation through Palantir's Sovereign AI and AIP platform. The bank retained a $200 price target, …
Dell Technologies and Hewlett Packard Enterprise have followed divergent paths into the AI infrastructure market. Dell's outsized revenue growth and ambitious FY27 server target contrast with HPE's quieter pivot toward networking, GreenLake services and government work. Valuation, margin quality, customer concentration and analyst upside separate t…
Sharon AI Holdings reported a five-year cloud computing services contract with a global AI platform worth $373 million, prompting a 5% rise in premarket trading. The Australian Neocloud provider will deploy compute within its domestic AI infrastructure, with revenue expected to begin in the first quarter of 2027. The deal leaves Sharon AI with 120M…
Walmart shares fell in pre-market trading after Oppenheimer cut its rating to Perform from Outperform and withdrew a $140 price target, pointing to potential top-line pressure in the company’s U.S. pharmacy business linked to the Inflation Reduction Act. The downgrade, issued just over two weeks before Walmart reports Q2 results on August 20, comes…
Saudi Arabia's stock market closed modestly higher on Tuesday, with the Tadawul All Share up 0.32% to a one-month high. Industrial Investment, Cement and Insurance names were among the top performers. Energy benchmarks fell, while gold futures advanced. Currency pairs showed small moves against the riyal.
Following the closure announcement of Finch Paper's pulp mill in Glens Falls, NY, Clean Energy Technologies, Inc. (CETY) highlights the opportunity to develop alternative markets for low-grade wood and forestry waste through its Vermont Renewable Gas project. CETY aims to convert underutilized biomass into renewable energy and biochar using proprie…
Deutsche Lufthansa AG suffered its largest one-day decline in months after reporting Q2 2026 adjusted EBIT down 56% year-over-year to €383 million despite record revenue of €11.14 billion. Management reduced full-year adjusted EBIT guidance to a range of €1.7 billion to €2.2 billion and lowered adjusted free cash flow and net capex expectations. Th…
Cummins reported second-quarter EPS of $6.73, below the Wall Street consensus of about $7.26, while revenue beat forecasts at $9.5 billion. The earnings shortfall versus elevated expectations, ongoing margin pressure in key segments, and roughly $9.8 million of insider net selling over the prior three months drove a 7.5% decline in pre-open trading…
Cummins reported second-quarter 2026 revenue slightly above estimates but missed on earnings per share, prompting a 7.5% pre-open decline. Investor concern centers on a $0.53 EPS shortfall versus consensus, flagged margin pressure in Engines and Components into Q3, and notable insider share sales over the prior three months.
Federal Reserve Chair proposed reducing the conventional calendar of policy meetings from eight to six annually, while adding two additional meetings devoted to substantive economic issues, according to a report. Bank of America analysts say markets could adapt but urge clear, early scheduling to avoid disruptions in short-dated instruments like FO…
Zalando shares slid 12.33% to €25.52 following Q2 2026 results that showed headline revenue up 20.8% but revealed much weaker organic performance once the ABOUT YOU acquisition is excluded. Reported GMV rose 20.7% to €4.92 billion, yet pro-forma GMV growth was only 4.4%. Management refined guidance toward the lower half of its 12 to 17 percent GMV …
A federal procurement deadline set for January 1, 2027, combined with new executive and funding actions, has created a major supply-demand mismatch for rare earths and related critical minerals. Domestic magnet demand far outstrips current U.S. production capacity, and government guarantees - including offtake contracts and a $12 billion stockpilin…
Bitdeer Technologies rallied sharply in pre-market trading after its wholly-owned unit, Tydal Data Center AS, executed a 16-year colocation lease with Volta Tydal AS at the Tydal campus in Norway. The contract secures roughly $4.7 billion in revenue and includes an optional eight-year extension that could increase the total to about $8 billion acro…
JPMorgan lowered Nike Inc. (NKE) to Underweight and trimmed its price target to $40 from $47, citing a multi-year hit to earnings driven by a China online reset and North America store closures. The call has pushed shares down in pre-market trading to $41.32, but it conflicts with a broad Street consensus that still skews positive. The firm’s forec…
